Kotak Mahindra Bank Pro Savings Account

Kotak Pro Savings Account offers multiple benefits along with free premium banking facilities that are usually offered by a top-grade savings account. Kotak Pro, however, comes at a much lower Average Monthly Balance. Kotak Pro allows an account-holder to do more with his bank account, every day, by simply maintaining an AMB of Rs. 20,000.

Benefits of Kotak Pro Savings Account:

  • The rate of interest is 6% on the savings account balance, provided the balance is between 1 lakh and 5 crores. The interest rate is 5% per annum if the balance is less than 1 lakh, while it is 5.5% per annum if the balance is above 5 crores.
  • Access to all domestic ATMs, internet banking, phone banking, and mobile banking , cash withdrawals from non-home domestic ATMs, NEFT through internet banking, cash withdrawals from all Kotak branches, demand drafts are free.
  • The account-holder gets a NMC-waived Edge Savings Account for a family member.
  • The account-holder gets a Demat account at no extra cost and enjoys a 50% discount on the first year.
  • A Platinum International Debit Card is free for the 1st year.
  • Cash pickup and delivery are free up to 5 calls each month.
  • Instrument pickup and delivery are free up to 5 calls a month.
  • Account-holder gets benefited by Kotak ActivMoney that converts a savings account balance over a particular amount into term deposits, thus enabling him to earn a higher interest rate.


Resident Indians (for sole as well as joint account), Hindu Undivided Families, and foreign nationals living in India are eligible for a Kotak Pro Savings Account.

Documents Needed:

Documents required include identity proof, signature proof, address proof, and recent passport-size photographs.

Points to remember while Applying:

  • Applicants need to self-attest photocopies, and these have to be submitted along original documents.
  • The applicant has to countersign documents in case of overwriting or alterations
  • Report of site verification is necessary
  • Address should contain PIN code, state, city
  • Name of the applicant must be same as that on original documents
  • Black ink must be used to fill the application form. The same must be filled in capital letters.