Description

• Eligibility Criteria

  ✔️ Monthly income: NA

  ✔️ Relationship: NTB (new to bank only)

  ✔️ Age: 18+ years

  ✔️ Nationality: Indian

  Documents required

  ✔️ PAN card

  ✔️ Aadhaar card

  ✔️ Customer’s Aadhaar should be linked to the mobile number

  Process

  ✔️ Suggest Kotak Xpress Savings Account to your network, highlighting its advantages.

  ✔️ Click on the product for detailed information and share its link with potential customers.

  ✔️ Instruct the customer to click on your shared link and enter their name & mobile number.

  ✔️ The link directs them to the Android device’s Kotak Xpress Savings Account download.

  ✔️ The customer will be redirected to the Kotak Bank platform to complete the account opening process.

  ✔️ Ask the customer to add contact details. Just make sure that the contact number entered is linked to Aadhar card.

  ✔️ In the next stage, ask the customer to add the PAN and Aadhar details.

  ✔️ Once the details are entered, ask the customer to complete the verification by generating and entering the OTP.

  ✔️ Once verification is done, ask the customer to complete the necessary details for the account opening process.

  ✔️ Now, ask the customer to read through the bank’s terms and conditions and provide consent for the same.

  ✔️ Now, the customer needs to add the initial funding amount.

  ✔️ Ask the customer to set up the mobile application and generate the PIN.

  ✔️ At the end, the customer needs to complete the video KYC process.

  ✔️ The account is now activated.

  Rules to follow

  ✔️ Applicants must be 18 years of age or older to open a Kotak Xpress Savings Account.

  ✔️ The applicant should be new to Kotak Bank and should not have any existing relationship with the bank.

  ✔️ The applicant must be an Indian citizen to open the account.

  ✔️ The account opening process must be undertaken and completed in a single session.

  ✔️ Customers should have their PAN Card and Aadhar Card readily available for a seamless and swift account opening process.

  • 1. What is Kotak Xpress Savings Account?

    Kotak Xpress Savings Account is a digital savings account offered by Kotak Bank, designed for easy and quick online account opening with minimal average balance requirements.

    2. Is there any account opening charge for Kotak Xpress Savings Account?

    No, there are no charges for opening this account.