Features, Benefits and How it Works
Kotak 811 is a digital banking platform launched by Kotak Mahindra Bank in 2017, positioning itself as a prominent neobank in India. The service allows customers to open a fully digital savings account through its mobile app, facilitating a seamless banking experience without the need for physical branch visits.
Moreover, the Kotak 811 app provides a comprehensive range of services, including online fund transfers, bill payments, investment opportunities, and a debit card, all managed through a user-friendly interface. Customers can open an account with minimal documentation and receive instant banking services, making it one of the most accessible digital banking options in India.
Overall, by leveraging technology to streamline banking operations, Kotak 811 reflects the broader trend of neobanks aiming to disrupt traditional banking models. Its innovative approach has successfully attracted a significant customer base, solidifying its role in the evolving digital banking landscape in India.
Go to Kotak 811
Founded: 2017
Headquarters: Mumbai, India
Users: unknown
Countries available: India
Account plans: checking and savings accounts for personal users
