If you are an NRI customer and want to close your current account with Kotak Mahindra Bank, you can download and fill this account closure form and submit it to the nearest branch. The form contains the details of the account holder, the reason for closure, and the mode of payment for the balance amount. Senior Citizen Savings Scheme (SCSS) interest rates for the third quarter (October-December) of FY 2023-24 is 8.2% p.a. This is one of the highest interest rates offered by a fixed-income small savings scheme. SCSS interest rate is reviewed quarterly and is subject to periodic change. Interest is also calculated and credited quarterly. Kotak 811 Edge is a savings account that brings you the best of Kotak 811 and our regular savings accounts. Features of the account are as follows: Open account instantly online; Earn up to 4%* interest p.a. on your savings account balance; You need to maintain a minimum Average Monthly Balance of Rs.10,000 to enjoy the perks of Kotak 811 Edge See All Savings Account. ActivMoney Savings Account. Everyday Savings Account. 811 Zero Balance Account. Account Closure Charges Customer Indused Closure <30 Days & > 181 Days: Nil; 31 - 181 Days: Rs. 600 Kotak Synergy Current Account is available to customers of other businesses within the group, same features & charges as EDGE (CAEDG bLt9J6q.

kotak savings account closure