I want to close my savings account
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  • Personal
  • Business
  • Corporate
  • Private Banking
  • Privy League
  • NRI Services
  • Investors

We understand that you wish to close your Kotak Savings Account and we are here to assist you. However, we would like to share a few key benefits that you can avail only with your Kotak Savings Account:

 

  • Up to 4%* interest p.a. on your balances
  • Unlimited free ATM withdrawals on Kotak ATMs (except for 811 Savings Account)
  • Free online transactions – UPI, NEFT, RTGS

 

If you still wish to close your Savings Account, kindly visit your nearest branch.

*Interest on Savings Account balance: *W.e.f. Jun 13, 2022, daily balances in Savings Account above Rs. 50 lakhs will earn 4% interest p.a. Daily balances in Savings Account up to Rs. 50 lakhs will continue to earn 3.50% interest p.a. These interest rates are applicable for Resident Accounts only.

If account is closed after 1 month & before 6 months of A/C opening, Account Closure Fee will be levied as per the Product Variant. Please refer Fees & Charges section on website for further details.

Please click here for latest information on interest rates.

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