TOD Account Closure charges: (if closed after 1 month & before 6 months of A/C opening) TOD: Rs.500 Account Closure charges: Rs. 500 Complimentary Services Passbook (in lieu of Account Statement) Current Year Balance and interest statement Signature Verification Certificate Photo Attestation Address Confirmation Nil Charges Debit Card Annual Step 1: Call Customer Care: To initiate the account closure process, call the Kotak Mahindra Bank customer care number at 1860-266-2666 (24×7 helpline). Step 2: Provide Account Details: Kotak 811 Edge is a savings account that brings you the best of Kotak 811 and our regular savings accounts. Features of the account are as follows: Open account instantly online; Earn up to 4%* interest p.a. on your savings account balance; You need to maintain a minimum Average Monthly Balance of Rs.10,000 to enjoy the perks of Kotak 811 Edge RBI - Floating Rate Savings Bond, 2020 (Taxable) are issued in electronic form and is credited to the investor's Bond Ledger Account (BLA) on the date of receipt of funds. A Certificate of Holding is issued to the customer as a proof of subscription. With effect from 1 April 2016, the periodicity of payment of interest on Savings Bank Account will be quarterly. Thus, the Savings Bank interest calculated on daily product basis will be paid at quarterly intervals on 30 th June, 30th September, 31st December & 31 st March each year. Note : p.a. is "per annum" Stop all automatic debits first. Before you proceed to close your bank account, you need to de-link other debits or relationships. This includes closing any securities trading account linked with Junior Kids Savings Account. Current Accounts. See All Current Accounts. Online Current Account. ActivMoney Current Account. Startup Premium Current Account. Enter the cashless and rewarding world of Credit Cards with Kotak Bank! Whether you're shopping, traveling, or enjoying a movie, our cards come loaded with power-packed features that To permanently close your bank account, visit your bank, request an account closure form, fill it out accurately, return all account-related items, and ensure a zero balance. Your bank will confirm the closure. Home Loan Personal Loan Savings Account Current Account Credit Cards Mutual Funds National Pension Scheme (NPS) Business Loan Zero Balance Savings Account Life Insurance Fixed Deposit Recurring Deposit Loan against property; Help Center If you are an existing savings and current account customer of the Bank account, you can avail the Fixed Deposit through digital platforms like Netbanking, Mobile Banking. If you are not a customer of the Bank, you may be required to visit the bank branch with necessary documents required as per KYC (Know Your Customer) guidelines. 4Xt64L4.