Kotak 811 Lite
Kotak 811 Lite is the smallest type of Kotak 811 savings account and suits anyone who wants to try a digital savings account with strict account limits. There are no outward transfers and no cheque book or cheque deposit, so it works best for light UPI use and basic balance holding. You can open Kotak 811 online in the mobile banking app and upgrade later via video KYC when you outgrow the caps.
Kotak 811 Lite Features
Zero-balance account.
Balance cap ₹5,000.
Monthly credits ₹5,000; annual credits ₹1,20,000.
No cheque book; cheque deposit not allowed.
Outward transfers not available until you upgrade.
Kotak 811 Lite Fee & Charges
Online transfers: not available until you upgrade
Branch transfers: not available
ATM after free limit: ₹23 (financial) / ₹10 (non-financial) per transaction
Debit card annual fee: as per card type
Minimum balance: none (zero-balance)
Kotak 811 Lite Interest Rate Saving Account
Base savings interest follows the bank’s current rate for Kotak 811 savings accounts. You can also use ActivMoney to sweep idle funds to fixed deposits, where FD rates apply while swept.
Kotak 811 Lite Eligibility
Open online with PAN and Aadhaar (per bank flow). Video KYC or in-person KYC may be required to upgrade later.
How to Open Kotak 811 Lite Saving Account
Install the Kotak 811 app, choose Lite, complete simplified KYC, and start. Upgrade to Limited KYC or Full KYC when you outgrow the caps.
Kotak 811 Limited KYC Account
Limited KYC raises limits versus Lite and enables online transfers within caps. It stays zero-balance but does not allow branch transfers or cheque facilities.
Kotak 811 Limited KYC Features
Zero-balance account.
Balance cap ₹1,00,000.
Annual credits ₹2,00,000.
Online transfer limit typically up to ₹1,00,000 per transaction.
No charges cheque book.
Kotak 811 Limited KYC Interest Rate Saving Account
Same base savings rate as other Kotak 811 accounts, with the option to use ActivMoney for FD-linked returns on swept balances.
Kotak 811 Limited KYC Fee & Charges
Online transfers: free within the bank’s online limits.
Branch transfers: not available.
ATM beyond free limit: ₹23 (financial) and ₹10 (non-financial) per transaction.
Debit card annual fee: An annual fee of ₹399 applies.
Kotak 811 Limited KYC Eligibility
PAN and Aadhaar as per the bank’s KYC policy. You can complete Video KYC to move to Full KYC.
How to Open Kotak 811 Limited KYC Saving Account
Select Limited KYC in the Kotak 811 app, finish limited e-KYC, and upgrade to Full KYC when needed.
Kotak 811 Full KYC Saving Account
Full KYC is the standard Kotak 811 savings account: zero-balance, full digital features, and free online transfers. Branch services and cheques are available with charges as per the schedule.
Kotak 811 Full KYC Features
Zero-balance digital savings account.
Free online transfers for everyday banking.
Chargeable Rs 5/ cheque leaf (available on request)
Branch cash and transfers allowed with slab-based charges.
Kotak 811 Full KYC Interest Rate
Base savings rate applies across balances. ActivMoney can auto-sweep surplus to fixed deposits; FD rates apply while swept.
Kotak 811 Full KYC Fee & Charges
Online transfers: free.
Branch transfers: slab-based charges per transaction.
ATM beyond free limit: ₹21 (financial) and free (non-financial) per transaction.
Debit card annual fee: One-time image cost as per image selection Rs 399 / year (inclusive of taxes)
Kotak 811 Full KYC Eligibility
Complete Video KYC in-app or finish KYC at a branch with the required documents.
How to Open Kotak 811 Full KYC Saving Account
Choose Full KYC in the Kotak 811 app and complete Video KYC or branch KYC to activate all features.
Kotak 811 Edge Digital Saving Account
811 Edge is aimed at customers who need a cheque book and predictable branch counters. Online transfers remain free, but it carries the Kotak 811 minimum balance requirement of ₹10,000 monthly average balance, and a non-maintenance fee applies if you fall short. It’s a better fit for cash handling and cheques; if you rarely visit branches, compare savings accounts and consider staying with Full KYC to avoid extra Kotak 811 charges.
Kotak 811 Edge Digital Saving Account Features
Cheque book and larger branch free limits.
Free online transfers.
Monthly average balance requirement of ₹10,000.
Kotak 811 Edge Interest Rate
Same base savings rate as other Kotak 811 accounts, with ActivMoney available for FD-linked sweeps.
Kotak 811 Edge Fee & Charges
Online transfers: free.
Branch transfers: slab-based charges per transaction.
ATM beyond free limit: ₹23 (financial) and ₹10 (non-financial) per transaction.
Monthly average balance shortfall fee: 6% of shortfall, capped at ₹500 per month.
Debit card annual fee: Platinum Debit card- Rs. 399 p.a. (inclusive of taxes)
Kotak 811 Edget Eligibility
Standard KYC as per bank policy. Ensure you can maintain the required monthly average balance.
How to Open Kotak 811 Edge Digital Saving Account
Select Edge during onboarding or upgrade after completing Full KYC in the app.
Which Kotak 811 Saving Account Should You Pick?
UPI-only starter with small inflows: Kotak 811 Lite, then upgrade when you hit the caps.
Students or freelancers with modest inflows: Kotak 811 Limited KYC; upgrade if you need cheques or branch transfers.
Digital-first user who rarely visits branches: Kotak 811 (Full KYC).
Regular cheque and branch usage with steady balances: Kotak 811 Edge, if you can keep ₹10,000 monthly average balance.
Alternative to 811 Saving Account
HDFC InstaAccount or BSBDA zero-balance savings account,
ICICI Insta Save with the iMobile app, and
Axis ASAP or Digital Savings are common options.
Kotak 811 Saving Account FAQs
Q. What is the Kotak 811 interest rate?
A. 4% per annum across balances from 9 July 2025.
Q. Can Kotal 811 earn more than 2.50%?
A. Yes. ActivMoney sweeps idle funds to fixed deposits, and FD rates apply while swept.
Q. Are online transfers free?
A. Yes. Online transfers are free. Branch transfers follow slab charges.
Q. What is the minimum balance for Kotak 811 Edge?
A. ₹10,000 monthly average balance. Non-maintenance is 6% of shortfall, capped at ₹500 per month.
Q. What is the main difference between Lite and Limited KYC?
A. Lite has very tight caps and no outward transfers. Limited KYC allows online transfers within defined limits.
Q. How do I upgrade to Full KYC?
A. Complete Video KYC in the app or visit a branch.
Final thoughts and apply
If you want a zero-balance digital account with free online transfers, start with Kotak 811 Full KYC. Keep Lite or Limited KYC only for small inflows. Choose Kotak 811 Edge if you need cheques and predictable branch limits and can maintain ₹10,000 AMB. Apply via InvestmentCover.
Sources and disclaimer
Please confirm current rates, limits, and charges on the official Kotak pages, including interest rates, schedule of charges, Kotak 811 product pages, and the Kotak 811 Edge page. Information can change. This review is editorial in nature.
