If you are an NRI customer and want to close your current account with Kotak Mahindra Bank, you can download and fill this account closure form and submit it to the nearest branch. The form contains the details of the account holder, the reason for closure, and the mode of payment for the balance amount.

If account is closed after 1 month & before 6 months of A/C opening, Account Closure Fee will be levied as per the Product Variant. Please refer Fees & Charges section on website for further details. Please click here for latest information on interest rates. Was this information helpful? Yes, this was helpful No, need more help
Account Closure Free Record Retrieval Charges Free PENAL CHARGES You can open a Kotak UNI Student Bank Account digitally, from anywhere, thanks to the Video KYC feature. The idle funds from your savings account (at a pre-specified threshold limit) are transferred automatically to a term Deposit. The funds move back in to the savings

How to apply: Step 1: Fill the details in our Online Form. Step 2: Select your required loan amount and tenure & get instant approval. Step 3: Our representative will get in touch for document collection. Step 4: We will open your Overdraft account and load limit. Once the limit is loaded, you can use it anytime. You can withdraw the funds whenever you need and transfer them to your bank

Enjoy our valuable banking services with the Sanman savings account by Kotak Mahindra Bank. Click here to know more! Closure of account due to revision of charges will not be subject to account closure charges. Penalty charges. With effect from April 1, 2015: In the event of a default in maintenance of Average Quarterly Balance as agreed

Help Centre 811 Account Account closure related Please select the issue category How can account closure be avoided and I can continue to operate the account? In case of account closure, how will the balance of my 811 account be remitted to me? Once my 811 account is closed, can I re-apply for another 811 account?
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Assuming on a particular day, the balance in his Savings Account is Rs. 1000/-, and he issues a cheque for Rs. 4000/- in his account and it has now come to the bank for clearing: Kotak Bank will utilize the shortfall amount of Rs. 3000/- from the linked Fixed Deposit to the extent of Rs. 3000/- (4000/- minus 1000/-) and clear the cheque. SBYoD.
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