Kotak Bank Launches 811 'Zero Balance, Zero Charge' Account. Details Here

Private sector lender Kotak Mahindra Bank (KMB) on Wednesday announced the launch of "811" savings account scheme, aimed at doubling its customer base over the next 18 months, primarily through digital account opening from the current 8 million. Executive vice-chairman Uday Kotak said it has been named "811" "inspired by November 8, 2016, "the day that changed India" referring to Prime Minister Narendra Modi's announcement on demonet...