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Product Details
Bank Name

Kotak Mahindra Bank

Account Name

Account Type

Saving

Interest Rate

Earn FD like interset rate upto 7% with your SILK Savings Programme.

Free Debit Card

Not available

Silk - Women's Savings Account
Account Opening Fees

0

Annual Maintenance Fees

0

Minimum Account Balance

Average Monthly Balance (AMB) ranges from 5,000/- to 50,00/- depending on the saving product balance.

Debit Card Charges

NA

NEFT Charges

Free

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

Silk - Women's Savings Account

Special Features
None
Eligibility Criteria
Silk Savings Programme can be offered to/held by only resident Indian woman customers above 18 years of age. Silk savings programme can be held/opened as sole or joint account. Primary account holder should be a woman in case of joint account. Eligible Schemes for Silk Savings Programme are Ace, Pro, Classic, Nova, Platina and Edge. Classic and Nova schemes are offered in rural /semi urban locations only.
Benefits
Features, Eligibility and Benefits
Pros & Cons
Pros
Customers Exciting Offers Urban Company - Flat 20% off up to INR 350 on a minimum spends list of Rs. 799 Nykaa - 10% off on a minimum spend of Rs. 2000 – max Rs. 250 -get benefits on banking products like: 50% discount on Locker rental for the first year for every Silk Women’s Savings Account Rs. 999 flat processing fee on Personal Loan Up to 100% On-road funding on Car Loan Flat ROI @ 9.49% p.a. and zero processing fee on Two-Wheeler loan Zero Processing Fee on Gold Loan Door step banking service available.
Cons
None
Application Procedure

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Product Review
Account Opening and Procedure
How to open an Account?
Application Procedure
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