Online Kotak Savings Account Opening

Kotak Bank Savings accounts in Kotak can be opened online or offline. To open Kotak offline, you have to visit the branch, fill the application form and submit documents.

To open the savings account online in Kotak, you have to follow these steps:

• Step 1: First, visit the official website of Kotak.
• Step 2: Go to Savings Account option and select the option ‘Apply Now’.
• Step 3: Fill the required details like Name, Contact number, Date of Birth, Address etc. and click on ‘Submit’.
• Step 4: Verify the details with the documents like PAN and Aadhar or any other document as required by the bank.
• Step 5: Kotak’s executive will verify all the submitted documents.
• Step 6: After the successful verification of your documents, Kotak will share the welcome-kit containing debit cum ATM Card, PIN and cheque book with you.
• Step 7: Once the account is activated, you can register your mobile number and use a debit Card and cheque book for banking services.

To open a savings account with Kotak at a branch, you must follow these steps:

• Make sure that you carry with you an identification proof (preferably your PAN Card), an address proof (preferably your Aadhaar card), and two passport size photographs.
• After reaching the branch, ask the clerk that you want to open a savings account. The clerk will give you the application form.
• Fill the savings account application form with required details and attach the photographs on the form where required.
• After duly filling the form and signing it, submit the savings account application form along with necessary documents and required money (in case of minimum balance account) with the clerk.
Documents Required for Savings Account
• Your account will be functioning within a week or so, and the bank will inform you about it through a call/SMS/email.

You have to fulfil the following eligibility criteria to open a savings account in Kotak:

• This account is for resident Indians of 18 years of age and above.
• HUF can also open a savings account.
• Foreign nationals residing in India need to obtain an undertaking on Form QA 22, which must be duly signed by all the persons.

✅How can I open a savings account in Kotak?

You can open a savings account in Kotak either by applying online through the website or by visiting the branch nearby and submitting your application form there.

✅Can I open a savings account online in Kotak?

Yes, you can open a savings account online, by applying for it through the Kotak’s official website.

✅What is the minimum balance in Kotak?

The minimum balance required to open a savings account in Kotak is Rs. 5,000.