Edge Salary Account

• #PayShopMore Debit Card with Rs.50,000 cash withdrawal limit at Domestic / International ATMs per day and Rs.2,00,000 shopping limit per day
• Maximum of 5 transactions free in a month with a cap of maximum 3 free transactions at non-Kotak ATMs in Top 6#+ cities in India
  
• Lost Card Liability Insurance of up to Rs.2,50,000
• Purchase Protection of up to Rs. 50,000
• Instant Personal Loan offered
  
• Home Loans at preferential rates with zero processing fee
  
• Up to 100% Car finance with preferential rates offered by Kotak Mahindra Prime Limited, a Kotak Group Company
• Choose from a suite of Credit Cards to match your lifestyle
• Preferred brokerage rates on trinity account from Kotak Securities on delivery buy or sell
  
• Book Fixed Deposits and Recurring Deposits online at attractive interest rates
  
• Free Payable at par cheque book upto 25 leaf per quarter
• Net Banking and Mobile Banking for convenient online banking
• Customer care officers available 24 X 7, and IVRS option for self-service
  
• Instacheck, a toll free number for instant SMS alert on account balance and last 3 credit transactions
  
• Utility bill payment services through Auto Pay
  
• Netc@rd, a single use virtual card to ensure secure online transactions
• Dedicated service helpdesk id
• Visa money transfer
  
• Payment Gateway
  
• Kotak Multi Currency World Travel Card for travelling abroad without worry
• Employee reimbursement account

Note: The above benefits & offers are subject to review and change from time to time.

• In case salary is not credited for  two consecutive months , you will be required to maintain  AMB as per the product variant mentioned above failing which applicable charges will be levied.

• Daily balances in Savings Account up to Rs. 1 lakh continue to earn 3.50% interest p.a. and daily balances over Rs. 1 lakh and up to Rs. 5 crores continue to earn 4% interest p.a. Interest rate on daily balances in Savings Account above Rs. 5 crores stands revised at 3.75% p.a. wef Nov 1, 2020. These interest rates are applicable for Resident Accounts only.
  Example: If End of Day Savings Account balance is Rs. 1,50,000, then Rs. 1,00,000 will earn interest of 3.50% p.a. and Rs. 50,000 (being the balance in excess of Rs. 1,00,000), will earn interest of 4.00% p.a.
  

• #+ Top 6 Cities – Transactions done in Mumbai, New Delhi, Chennai, Kolkata, Bengaluru and Hyderabad ATMs.
  
• Family Savings Account with zero maintenance charges. Family savings account will be opened with an initial payment cheque of Rs. 10,000
• Standard charges applicable
  
• Fuel Surcharge waiver on Visa Debit card is capped up to Rs. 30,000 and on Master Debit up to Rs. 20,000 worth of fuel purchases in a calendar month.
• Personal Loan and Home Loan - The interest rates are subject to change. Credit at sole discretion of Kotak Mahindra Bank and subject to guidelines issued by RBI from time to time. Bank may engage the services of marketing agents for the purpose of sourcing loan assets.
• Car Loan and Car Lease disbursement will be subject to complete documentation and credit at the sole discretion of Kotak Mahindra Prime Ltd. Kotak Mahindra Prime is a subsidiary of Kotak Mahindra Bank Ltd. Car Loans available at select locations only.
• Issuance of credit cards is at the sole discretion of Kotak Mahindra Bank Limited. All features and benefits are subject to Credit Card terms and conditions. Please read the Credit Card terms and conditions carefully provided on the bank website www.kotak.com.
• Bank account is offered by Kotak Mahindra Bank Ltd., whereas Demat and Online trading accounts are offered by Kotak Securities
• Please click here for ActivMoney terms and conditions.