Silk - Women's Savings Account

• Junior account through linked RD or SIP
  For NMC# waiver in Junior Account Minimum monthly RD or MF-SIP instalment value of Rs. 1000/-; Minimum tenure of 36 months. Maximum cap on RD monthly instalment : Rs. 25,000 for tenure up to 120 months / Rs. 1,00,000 for tenure up to 36 months
• Discount on Lockers
  35% discount is applicable to all Silk Programme customers till 31^st March of the subsequent financial year from date of allotment.
• Higher Debit Card Withdrawal Limits
  With our Kotak Silk Debit Card, spend without worry, anywhere, anytime. Enjoy the advantage of higher withdrawal limits with no annual fees on Ace Accounts
  
  Additional features of Kotak Silk Debit Card
  

Silk POS Limit	Rs. 2,00,000
Silk ATM Withdrawal limit	Rs. 40,000-Domestic Rs. 50,000-International
Lost Card Liability	upto Rs.3,50,000/-
Purchase Protection	upto Rs.2 ,00,000/-
Debit Card Type	Platinum card
Personal Accidental Death Cover Classic Silk Debit Card Platinum Silk Debit Card	Coverage – 2lakh * Coverage up to 25 lakhs* (Enhanced Cover)
Lost baggage Insurance	upto Rs. 1,00,000/-
Air Accidental Death Insurance	upto Rs. 50 lakhs



• *Click here for terms and conditions
  
  

Disclaimers

* Subject to maintenance of Average Monthly Balance in the Silk Account

^ Subject to availability.

# Non Maintenance Charge

@Year is defined as period of 12 months from 1st January to 31st December for cheque book issuance charges

With Kotak Mahindra Bank you can avail great offers round the year from our key partners. Choose from offers across categories including restaurants, travel, shopping, electronics, health & wellness, entertainment etc as well as special EMI offers.

To find out the latest offers available on women's savings account click here

Check out additional Kotak Bank Savings Account products by clicking here

• Experience Kotak Rewards** feature where you can earn up to 1500 Kotak Reward Points on purchases carried out through your Silk Platinum Debit Card and redeem points across categories like groceries, apparel, jewellery, hotel, dining etc. T&C Apply.
• Rewards details on Silk Platinum Debit Card spends are listed below (w.e.f. 1^stJune 2022)

Below are the details of Reward Points:

**Rewards are subject to meeting of minimum Average Monthly Balance requirement and minimum spends criteria. The spends should be on Silk Platinum Debit Card. Spends should be on domestic merchant transactions using Debit Card. The reward points will be credited every month for the previous calendar month in your Kotak Rewards account. Validity of reward points will be 1 year from the date of credit. Details of the same will be communicated through email on registered email id and SMS on registered number. ATM cash withdrawals are not eligible for Rewards.