top of page
Product Details
Bank Name
Kotak Mahindra Bank
Account Name
My Family Savings Account
Account Type
Saving
Interest Rate
For balances upto Rs. 50 lakhs -3.50% p.a.,For balances above Rs. 50 lakhs-4% p.a.
Free Debit Card
Classic or platinum debit card
Account Opening Fees
0
Annual Maintenance Fees
0
Minimum Account Balance
Nil
Debit Card Charges
0
NEFT Charges
0
IMPS Charges
Up to 10,000: Rs. 5;
10,001 to 1,00,000: Rs. 5;
1,00,001 to 5,00,000: Rs. 15
Fees and Charges
My Family Savings Account
80
Special Features
Enjoy services like cash pick-up and delivery, cheque delivery etc. from home
Eligibility Criteria
Only Resident individuals are eligible to enrol for My Family Savings Programme that offered for 2 and/or 3 Members with Pro Savings Account.
Benefits
Features, Eligibility and Benefits
Pros & Cons
Pros
Enjoy services like cash pick-up and delivery, cheque delivery etc. from home
Free ATM usage for Pro and Ace savings account holders
25% off on issuance charge of travel card
Classic or Platinum Debit Card^3 with high withdrawal limits and exciting offers
Bank conveniently with Net Banking and Mobile Banking app
Insta Balance Service lets you know your savings account balance with a call
Transfer funds instantly with Immediate Payment Service (IMPS)
Customers can convert savings account balance above a certain amount into Term deposit.
Cons
Low intreast rate
Application Procedure
Add paragraph text. Click “Edit Text” to update the font, size and more. To change and reuse text themes, go to Site Styles.
Add a Title
Add paragraph text. Click “Edit Text” to update the font, size and more. To change and reuse text themes, go to Site Styles.
Product Review
Account Opening and Procedure
How to open an Account?
Application Procedure
bottom of page