Abhishek012
TF Pioneer
Kotak bank NationBuilders Salary A/C, Free RuPay Platinum/Add-on Card, specially for PSU and Government Employees:
Host of benefits and privileges, all tailored to meet the financial needs of Government and Public Sector employees, including Maharatnas, Navratnas and Miniratnas.
Lifetime Zero Balance Account, subject to regular salary/pension credit (1).
RuPay Platinum Debit Card with Rs.1 Lakh ATM Withdrawal and Rs.3 Lakh POS Shopping limit per day.
4% interest P.A (2)
Education benefit of upto 4 lakhs (3).
2. W.e.f. Jun 13, 2022, daily balances in Savings Account above Rs. 50 lakhs will earn 4% interest p.a. Daily balances in Savings Account up to Rs. 50 lakhs will continue to earn 3.50% interest p.a. These interest rates are applicable for Resident Accounts only. For latest interest rates, please visit: https://www.kotak.com/en/rates/interest-rates.html
3. Eligibility criteria for availing the insurance cover benefit: Salary/Pension should be credited in Kotak Account for last 2 consecutive months prior to the month of the claim and subject to minimum 3 POS/Ecommerce transactions in last 60 days of minimum Rs.500 each. Partial Disability cover and Total Permanent Disability cover applicable for cases resulting solely from Road / Rail accident. Education benefit of Rs.4 Lakh for 1 dependent child (up to age 25) of deceased savings account holder subject to the ongoing educational expenses, payable onetime only. Click here for detailed Terms and Conditions.
4. Family Savings Account with zero maintenance charges, subject to primary account holder crediting salary/pension. Family savings account will be opened with an initial payment cheque of Rs.10,000.
5. Select Indian brands eligible for cash back are:
a. Items purchased should be in the name of the company as mentioned and if purchase happens from non-Made in India merchant sites or aggregators, the same will not be applicable for cashback e.g. Amazon India website/mobile application.
b. NationBuilders Salary Account offers Upto 5% Cashback rewards to all its customers on meeting the qualifying criteria.
c. Rewards for a particular calendar month are processed and communicated to all qualifying customers in the subsequent month.
d. Cash Back credit confirmation and other related communication are sent to the registered e-mail and/or mobile no. of Sole/Primary account holder maintained with the Bank and it will be the responsibility of the customer/account holder to have a valid e-mail id & mobile number updated with the bank at all times, failing which, customer may not receive the Cash Back credit confirmation mail / SMS and Bank shall not be responsible for such failure on part of customer.
e. Customers with mobile numbers / e-mail id registered for DNC / NDNC will not receive SMS confirmation from us unless a specific consent has been provided to the Bank. In the event of non-receipt of Cash Back credit confirmation within the subsequent month from the last day of qualifying month, customers to contact their relationship manager/branch/customer service helpline within 50 days from the date of qualifying for the rewards. Any claims of non-receipt of the rewards beyond the stipulated period shall not be entertained.
Eligibility -
Host of benefits and privileges, all tailored to meet the financial needs of Government and Public Sector employees, including Maharatnas, Navratnas and Miniratnas.
Lifetime Zero Balance Account, subject to regular salary/pension credit (1).
RuPay Platinum Debit Card with Rs.1 Lakh ATM Withdrawal and Rs.3 Lakh POS Shopping limit per day.
4% interest P.A (2)
Education benefit of upto 4 lakhs (3).
Other Benefits
- Free RuPay Platinum Debit Card with complimentary Insurance Cover:
- Personal Accident Coverage (Accidental Death – Rail and Road Only) of up to Rs. 50 Lakh
- Permanent Partial/Total Disability Cover: Rs.30 Lakh
- Educational Cover: Rs.4 Lakh
- Air Accident Insurance cover up to Rs.50 Lakh
- Lost card liability Insurance of up to Rs.3.5 Lakh
- Purchase Protection Limit (Fire): Rs.1 Lakh
- Purchase Protection Limit (Burglary): Rs.1 Lakh
- Lost Baggage Insurance cover up to Rs.1 Lakh
- Cashback and offers on select Indian Brands capped to Rs.100 per month(5)
- Free Add-on RuPay debit card for family till primary account holder receives regular salary/pension credit.
- 1 Complimentary Domestic Airport Lounge access per quarter & 2 Complimentary International Airport Lounge access per calendar year
- Curated image debit card. Customer can select from the wide range of images available in our debit card image gallery post on-boarding.
- 24*7 Concierge Services - It is available to the customer as 24*7 service across India for a host of services like Gift/Flower Delivery Assistance, Restaurant Referral & Arrangement, IT Return Assessment & Filing Assistance, etc.
- Click here for Terms and Conditions
- Unlimited transactions at all ATMs in India on RuPay Platinum debit card
- Free online funds transfer using NEFT, RTGS and IMPS.
- 30 free customer induced transactions (6) a month.
- Cash deposit free up to Rs.2 Lakh per month. Post free limits, charged at applicable rates.
- One free locker to primary salary account holder, subject to availability and regular salary/pension credit.
- Up to 3 Family Savings account free for immediate family members including Junior Accounts for Children.(5)
- With ActivMoney, earn higher rate of interest on funds lying in your account with Auto Sweep-in / Sweep-out facility.
- Free unlimited Payable At Par (Multi City) Cheque Book
- Free Home & Office Banking facility(7)
- Loans at preferential rates – Personal Loans, Home Loans(8)
- PayDay Loan – Get advance up to Rs.1.5 Lakh on your salary disbursed in 3 seconds with interest rate starting at just Rs.1 per day(9)
- Car finance with preferential rates offered by Kotak Mahindra Prime Limited, a Kotak Group Company(10)
- Choose from a suite of Credit Cards to match your lifestyle(11)
- Get a Free Investment Account and redeem or purchase from over 2,200 Mutual Funds online
- Trinity Account which is a 3-in1 combination of a Savings account, Demat account and Trading account(12)
- Preferred brokerage rates on Trinity account from Kotak Securities on delivery (buy or sell)
- Book Fixed Deposits and Recurring Deposits online at attractive interest rates
- Kotak Multi Currency World Travel Card for travelling abroad without worry
- Net and Mobile Banking for convenient online banking.
- 24*7 dedicated helpline number (1860 266 1947) with a 48 hour response promise.(13)
- Employee reimbursement account(13)
Terms & Conditions
1. In case salary is not credited for two consecutive months, you will be re-classified in to chargeable savings accounts variant where you will be required to maintain requisite AMB, failing which applicable charges will be levied. For further details you may refer to GSFC on kotak.com.2. W.e.f. Jun 13, 2022, daily balances in Savings Account above Rs. 50 lakhs will earn 4% interest p.a. Daily balances in Savings Account up to Rs. 50 lakhs will continue to earn 3.50% interest p.a. These interest rates are applicable for Resident Accounts only. For latest interest rates, please visit: https://www.kotak.com/en/rates/interest-rates.html
3. Eligibility criteria for availing the insurance cover benefit: Salary/Pension should be credited in Kotak Account for last 2 consecutive months prior to the month of the claim and subject to minimum 3 POS/Ecommerce transactions in last 60 days of minimum Rs.500 each. Partial Disability cover and Total Permanent Disability cover applicable for cases resulting solely from Road / Rail accident. Education benefit of Rs.4 Lakh for 1 dependent child (up to age 25) of deceased savings account holder subject to the ongoing educational expenses, payable onetime only. Click here for detailed Terms and Conditions.
4. Family Savings Account with zero maintenance charges, subject to primary account holder crediting salary/pension. Family savings account will be opened with an initial payment cheque of Rs.10,000.
5. Select Indian brands eligible for cash back are:
| Brand Name | ||
|---|---|---|
| 1 MG | CROMA | RELIANCE JIO |
| ADITYA BIRLA FASHION | D-MART | RELIANCE TRENDS |
| AIR INDIA | HINDUSTAN PETROLEUM | SHOPPERS STOP |
| AJIO ONLINE SHOPPING | IRCTC | TANISHQ |
| APOLLO PHARMACY | MAKE MY TRIP | TATA CLIQ |
| BAJAJ ELECTRONICS | MORE SUPERMARKET | Tata Neu |
| BAJAJ FINSERV | NYKAA | TITAN |
| BHARAT PETROLEUM | PANTALOONS | VIJAY SALES |
| BIG BASKET | RELIANCE DIGITAL | WESTSIDE |
| CLUB MAHINDRA | RELIANCE FRESH |
a. Items purchased should be in the name of the company as mentioned and if purchase happens from non-Made in India merchant sites or aggregators, the same will not be applicable for cashback e.g. Amazon India website/mobile application.
b. NationBuilders Salary Account offers Upto 5% Cashback rewards to all its customers on meeting the qualifying criteria.
c. Rewards for a particular calendar month are processed and communicated to all qualifying customers in the subsequent month.
d. Cash Back credit confirmation and other related communication are sent to the registered e-mail and/or mobile no. of Sole/Primary account holder maintained with the Bank and it will be the responsibility of the customer/account holder to have a valid e-mail id & mobile number updated with the bank at all times, failing which, customer may not receive the Cash Back credit confirmation mail / SMS and Bank shall not be responsible for such failure on part of customer.
e. Customers with mobile numbers / e-mail id registered for DNC / NDNC will not receive SMS confirmation from us unless a specific consent has been provided to the Bank. In the event of non-receipt of Cash Back credit confirmation within the subsequent month from the last day of qualifying month, customers to contact their relationship manager/branch/customer service helpline within 50 days from the date of qualifying for the rewards. Any claims of non-receipt of the rewards beyond the stipulated period shall not be entertained.
Eligibility -
- Resident accounts only: The product will be open only for Resident Indians (PAN India) in all geographies
- Age: The product is for only people of 18 years and above
- Type of Account: The product shall be offered to salaried individuals working with Central or state government and public sector employees and such entities
