Waiver of Non-Maintenance Charge for the first twelve months from the date of the Current Account opening
Preferential pricing on import/export services
Enjoy safe, digital and bulk fund transfers with a Maker-Checker facility
Enjoy offers from our empanelled partners to simplify the nitty-gritty of your business
*Based on usage of all trade services (1 trade transaction per month)
For deposits above 7 days. T&C apply. For detailed terms and conditions, please visit www.kotak.com. ActivMoney (Auto-Sweep) is a facility of automatically sweeping out funds above a pre-specified threshold from your Current Account to a Term Deposit (TD) Account for 180 days. In case of insufficient balance in the Current Account, the TD will be broken prematurely and the required amount will be transferred to the Current Account. Default Sweep Out and Sweep In for limit for an account variant are the minimum thresholds and one will not be able to opt for limits lower than these. Auto-Sweep out of funds above a pre-specified threshold from Current Account to Fixed Deposit will be for 180 days (For NRE accounts it will be for 1 year) and in multiples of Rs. 5,000/- The nomination registered for Current Account will apply for FDs created through ActivMoney. If the customer opts for ActivMoney in an account, standalone Fixed Deposits cannot be linked to that account. Terms and Conditions guiding the fixed deposit will be applicable to Fixed Deposits booked under ActivMoney. Bank may at its absolute discretion discontinue/suspend any of the services completely or partially with or without any notice to the customer. The rate mentioned is applicable for Fixed Deposits less than Rs. 2 Crores for a tenure of 180 days and is subject to change without prior notice. For ActivMoney (2 way sweep deposits), Regular Kotak Fixed Deposit rates will be applicable, basis the tenor of the deposit, for all customers including Senior Citizens/Bank Staff without any pre-payment penalty.
A Current Account is a special type of an account that facilitates a higher number of transactions for businesses to run their daily operations seamlessly.
Opening a Current Account is easy. You can open your Current Account Online by clicking on the Open Online tab or submit the KYC documents along with the duly filled account opening form at the nearest branch.
A Current Account can be opened by the below businesses/constitutions:
A Current Account helps in making business payments and collections seamless.
No, Current Accounts don’t earn you interest. However, you can enjoy attractive returns and earn interest income on the idle funds in your Current Account with the ActivMoney facility.
The minimum balance requirement that needs to be maintained depends upon the variant you choose.
Discover a wide range of Current Account variants, tailored to meet the unique needs of your business, regardless of the industry you operate in.
Small businesses have their unique set of requirements. Small business Current Account and its tailor-made solutions are specially crafted for small/growing businesses.
Write to us
Write to us
Select your preferred method.
Chat with us
Our messaging assistant can quickly solve many issues or direct you to the right person or place.
Be it an enquiry, feedback or simple suggestion email us and we'll get back to you.