Kotak Mahindra Bank Savings Account vs RBL Bank Savings Account

Interest Rate

3.50% - 4.00% p.a.
Up to 6.25% p.a.

Minimum Balance

Zero Balance Savings Account
Zero Balance Savings Account

Monthly Average balance

Nil or Rs. 10,000
Rs. 5000


Free NEFT through Internet Banking

Free Cash Withdrawals at Domestic ATMs

Scan and Pay to make payments for shopping, groceries, and much more

Free transfer of funds using NEFT & RTGS 

Phone Banking | Mobile Banking | SMS Banking & Alerts | E-Statement | Internet Banking | Online Bill Payment Services

Get free Replacement of Damaged card 

 Higher Fixed Deposit rates 

Unlimited free transactions at RBL Bank's ATMs             

Documents Required

* Driving License, Passport, Voter's ID, Aadhaar Card, PAN Card

* Utility Bill, Bank Statement, Bank Account Passbook (Updated and no more than 3 months old)

* Latest Passport Size Photographs

 To open Kotak 811 Zero Balance Savings Account, please click here

* Aadhaar number and PAN number

* Two passport size photographs

* Completely filled application form

* Passport, Voter ID, driving license

* Salaried employees will might be asked to submit bonafide authorization letter from its employer and salary slips

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