Product Details
Bank Name
Kotak Mahindra Bank
Account Name
Grand - Savings Account for Senior Citizens
Account Type
Saving
Interest Rate
For balances upto Rs. 50 lakhs -3.50% p.a.,For balances above Rs. 50 lakhs-4% p.a.
Free Debit Card
Free debit card with no annual or monthly charges
Account Opening Fees
Debit Card Charges
Annual Maintenance Fees
NEFT Charges
Free
Minimum Account Balance
Average Monthly Balance (AMB) ranges from 5,000/- to 50,00/- depending on the saving product balance.
IMPS Charges
Up to 10,000: Rs. 5; 10,001 to 1,00,000: Rs. 5; 1,00,001 to 5,00,000: Rs. 15
Fees and Charges of
Grand - Savings Account for Senior Citizens
Special Features
Eligibility Criteria
Benefits
Features, Eligibility and Benefits of
Grand - Savings Account for Senior Citizens
Pros & Cons of
Pros
Cons
Grand - Savings Account for Senior Citizens
Kotak Grand - Savings Account for Senior Citizens Review
The account comes with low interest rate and offers minimal value add features.
Abhijeet Saxena
Nalsar University of Law
Ex- Senior Associate, Shardul Amarchand Mangaldas, Delhi
Ex - Khaitan & Co. Bengaluru,
Ex - National Stock Exchange, Mumbai,
Ex - Argus Partners, Mumbai
Review of
Grand - Savings Account for Senior Citizens
Account Opening and Procedure of
How to open an Account?
Application Procedure
Grand - Savings Account for Senior Citizens
About this content
Public source: Original MyRupaya page
Captured 2026-11-06T10:51:03Z. Public page text has been preserved and restyled. Historical financial/product information may be outdated. Embedded widgets and forms are not copied or connected to live services.
