Kotak Mahindra bank of the best private banks in the country. It offers various types of savings accounts to the customers.Opening a saving account in Kotak Mahindra Bank is a very easy process which can be done by visiting the nearest branch or by filling the form along with required documents through an online application form.
There are different types of savings account each different edibility, different minimum balance requirement, and different features.So depending on your requirement and eligibility you can open an account.
You need to remember that if you do not maintain a minimum balance amount in the account, you will be levied a penalty for maintenance. You can earn 6% interest in maintaining minimum balance amount in the account.
So here are the details of the saving accounts with their AMB details:
- Account: Minimum monthly balance in this account is Rs 100000.
- Ace Savings Account: AMB for this account is Rs 50,000.
- Edge Savings Account: AMB for this type of account is Rs 10,000
- Pro Savings Account: AMB for this type of account is Rs 20,000
- Classic Savings Account: AMB for this type of account is Rs 10,000
- Nova Savings Account: AMB for this type of account is Rs 5,000
You can visit bank website for more details : https://www.kotak.com