How to Close Kotak 811 Account- Step by Step Guide

Banking, just a decade ago, was confined to a few brick and mortar buildings. Not anymore, with the emphasis on digital mode of transactions and ease of remote banking, the bank has literally come to your doorstep. Kotak Mahindra Bank is one of the leaders in this direction. With a focus on virtual banking, it has launched 811 mode of digital banking. If you have opened an account under Kotak 811 scheme and looking for ways to close it, we are here to assist you.

Kotak 811 Account

Why Close Kotak 811 account?

Well, if you already have an account in a bank – whether a PSU one or a private one, you won’t need an additional account. We do not think Kotak provides any extra features that the other banks don’t.

And if you have no bank account, it may be a good idea to opt for Kotak 811, but is it really practical? There are few features we found not favorable for an average person opting for banking services.

  • It has debit charges for almost every transaction. Cash Deposits and withdrawals are charged.
  • If you want a physical card, you would be charged for the same.
  • The basic accounts under Kotak 811 have a lot of limitations on cash deposits and withdrawals.
  • ATM transactions are not free, beyond predetermined numbers per calendar month.
  • You would need an internet connection or WiFi for completing your transactions. What if you are deprived of both for some reason?

How To Close Kotak 811 Account

It is not as easy as it would take to open your 811 account! Yes, you would need to visit your local Kotak Mahindra Bank for completing the task. Here are the steps involved –

  • Visit the Kotak Bank branch. Usually, it should be a branch located closer to you, but make sure which branch does your App suggest.
  • Ask the personnel at the branch for the closure of your account.
  • You would be given an Account Closure Form.
  • Fill up the Closure form.
  • Attach the ID. It can be anyone from the list of approved documents. In most cases, AADHAR card should be sufficient.
  • Return any of the documents or bank properties. That would include cheques/ checkbooks, Physical debit card or any similar instruments.

That would be what you should do on your personal level for closing your Kotak 811 account. Ideally, your account should be closed within a period of 2 to 3 working days. However, be ready to expect a delay.

If you are closing the account within a period of 6 months of opening the account, you would need to pay penal charges for the same. The charges would be around Rs. 600. Confirm the exact amount from your local branch. An account closed beyond 6 months would not attract any charges.

The Parting Thoughts

Well, be ready to face a few hindrances. It should be obvious that the bank will not be ready to lose a customer. Moreover, you would not be able give reasons like relocation as in the case of physical branches. Be ready with your firm reasons for closing your account.

And yes, remember taking down the phone number and reference number for further communication. It may take more days than what was officially communicated to you.

About Mahesh 5 Articles
Mahesh is the administrator of Money Hacks. He is based out of Mumbai and has vast experience in the field of personal finance. Money Hacks is his first blog where he shares his knowledge and experiences related to personal finance.


  1. I’m extremely inspired with your writing talents as smartly as with the structure to your blog.

    Is this a paid subject or did you modify it your self?
    Anyway keep up the nice quality writing, it is rare to see a great blog like this one these days..

  2. Hello There. I discovered your weblog using msn.
    This is an extremely smartly written article. I will make sure to bookmark it and return to learn extra of your useful information. Thanks
    for the post. I’ll definitely return.

  3. I like the valuable info you provide on your articles. I will
    bookmark your blog and check again right here frequently.

    I am reasonably certain I will learn lots of new stuff right here!
    Good luck for the following!

  4. Heya i am for the first time here. I came across this board and I find
    It really useful & it helped me out a lot. I hope to give something back and help others like you aided me.

  5. An intriguing discussion is definitely worth comment.
    I do believe that you ought to write more about this
    subject matter, it might not be a taboo subject but usually
    folks don’t talk about these issues. To the next! Kind

  6. Howdy just wanted to give you a quick heads up. The text in your post seem to be running off the screen in Firefox.
    I’m not sure if this is a format issue or something to
    do with browser compatibility but I figured I’d post to let you
    know. The layout look great though! Hope you get the problem fixed soon. Many thanks

    Also visit my blog post …

  7. Fantastic beat ! I wish to apprentice while you amend your web site, how can i subscribe for a weblog site?
    The account aided me a appropriate deal. I had been tiny bit acquainted of this
    your broadcast provided brilliant transparent idea

  8. It’s the best time to make some plans for the future and it’s time to be happy.
    I’ve read this post and if I could I wish to suggest you few interesting things or suggestions.

    Maybe you can write next articles referring to this article.
    I desire to read more things about it!

  9. After I initially left a comment I appear to have clicked on the -Notify me when new
    comments are added- checkbox and now whenever a comment is added I receive four emails
    with the exact same comment. Perhaps there is a way you are able
    to remove me from that service? Kudos!

  10. Attractive part of content. I just stumbled upon your blog and in accession capital to
    say that I acquire actually enjoyed account your
    weblog posts. Anyway I will be subscribing on your augment or even I achievement you
    access consistently rapidly.

  11. Wow, fantastic blog layout! How long have you been blogging
    for? you made blogging look easy. The overall look of your website is great, let alone the

  12. Hello there! This post couldn’t be written any better!
    Going through this article reminds me of my previous roommate!

    He continually kept talking about this. I will forward this post to him.
    Fairly certain he’ll have a great read. Many thanks for sharing!

  13. Good post. I learn something tougher on totally different blogs everyday. It’ll at all times be stimulating to learn content material from other writers and practice a little bit something from their store. I抎 desire to use some with the content on my weblog whether or not you don抰 mind. Natually I抣l provide you with a link in your web blog. Thanks for sharing.

  14. An interesting discussion is value comment. I feel that you need to write more on this subject, it might not be a taboo subject however generally persons are not sufficient to speak on such topics. To the next. Cheers

  15. This is the right weblog for anyone who wants to seek out out about this topic. You notice a lot its nearly exhausting to argue with you (not that I truly would need匟aHa). You positively put a brand new spin on a topic thats been written about for years. Nice stuff, just nice!

  16. Can I just say what a aid to search out somebody who actually knows what theyre talking about on the internet. You definitely know how one can bring a problem to light and make it important. Extra folks have to learn this and understand this facet of the story. I cant believe youre not more common because you definitely have the gift.

  17. Youre so cool! I dont suppose Ive learn anything like this before. So nice to seek out someone with some original thoughts on this subject. realy thank you for starting this up. this website is something that’s wanted on the web, someone with a little bit originality. useful job for bringing something new to the web!

  18. Can I simply say what a aid to search out someone who really is aware of what theyre talking about on the internet. You positively know learn how to carry a problem to light and make it important. Extra people need to read this and understand this aspect of the story. I cant believe youre not more common since you positively have the gift.

  19. I have been browsing online greater than three hours these days, but I by no means found any interesting
    article like yours. It is beautiful worth enough for me.
    In my view, if all site owners and bloggers made excellent content material as you probably did,
    the web will likely be a lot more useful than ever before.

  20. Admiring the dedication you put into your website and
    in depth information you offer. It’s awesome to come across a
    blog every once in a while that isn’t the same out of date rehashed material.

    Wonderful read! I’ve saved your site and I’m adding your RSS feeds to my Google account.

  21. Wonderfᥙl bloց! I found it while broԝsing on Yahoo News.
    Do you have any suggestions on how to get listed іn Yahoo
    News? I’ve been trying for a while but I never seem to get there!
    Thank you

  22. It is perfect time to make some plans for the future and it is time to be happy. I’ve learn this publish and if I could I desire to counsel you few attention-grabbing issues or tips. Perhaps you can write next articles referring to this article. I want to learn even more issues approximately it!|

  23. Hey! Someone in my Myspace group shared this website with
    us so I came to look it over. I’m definitely loving the information. I’m book-marking and will be tweeting this to my followers!
    Outstanding blog and excellent style and design.

  24. Hi! I know this is kinda off topic however , I’d figured I’d ask. Would you be interested in exchanging links or maybe guest writing a blog post or vice-versa? My website goes over a lot of the same topics as yours and I believe we could greatly benefit from each other. If you might be interested feel free to shoot me an email. I look forward to hearing from you! Great blog by the way!|

  25. I’ve been browsing online more than 2 hours today, yet I
    never found any interesting article like yours. It’s pretty worth enough
    for me. In my view, if all web owners and bloggers made good content as you did, the internet
    will be much more useful than ever before.

  26. Its like you learn my mind! You appear to know so much about this,
    such as you wrote the guide in it or something. I believe that
    you simply could do with some % to force the message house
    a bit, however other than that, this is great blog. A great read.
    I will definitely be back.

  27. I will right away grasp your rss feed as I can’t to find
    your e-mail subscription link or e-newsletter service.
    Do you have any? Kindly let me realize in order that I could subscribe.


  28. Its like you read my mind! You appear to know a lot about
    this, like you wrote the book in it or something. I think that you can do with a
    few pics to drive the message home a little bit, but instead of that, this is wonderful blog.
    An excellent read. I’ll certainly be back.

1 Trackback / Pingback

  1. viagra vs cialis

Leave a Reply to Nature Tonics Keto Reviews Cancel reply

Your email address will not be published.