Kotak Astra 05 Account

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Kotak Astra 05 Account

Smart banking for modern businesses. The Kotak Astra 05 Account offers high transaction limits, digital convenience, and exclusive benefits.

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Details for Kotak Astra 05 Account

Kotak Astra 05 Account is designed for growing businesses, offering higher cash deposit limits, free digital banking services, and seamless transactions. With priority servicing, customized solutions, and exclusive business benefits, it's ideal for entrepreneurs and enterprises aiming for efficient financial management.

₹
MAB

5,00,000/-

₹
Withdrawal Limit

1,50,000/-

₹
Transaction Limit

3,00,000/-

Debit Card Charges

  • Nil Charges for 1st Year thereafter ₹259 p.a.

Cash Deposit Monthly

  • No Charges up to 10 times the previous month's avg credit balance, Max. 10 Cr per month

Non Maintenance Charges

  • AQB < 50% of the required Product AQB: ₹8,000
  • AQB >=50% but < 100% of the required Product AQB: ₹5,000

Additional Benefits

  • Free outstation cheque collection at Kotak Bank branches
  • Free access at all domestic VISA ATMs with Kotak Business Platinum Debit Card
  • Unlimited Free demand drafts payable at non-Kotak bank branches
  • Free cheque collection through Speed Clearing
  • Free multi-city cheque books (at par cheque books)
  • Free cash withdrawal at the home branch location
  • Free cash withdrawal at non-home branches - up to Rs 5 lakh per day
  • No Cash Deposit charges up to 10 times the previous month’s average credit balance, Maximum of Rs. 10 Cr. per month; Standard charges apply thereafter
  • Home-banking service: On call cash pickup and delivery. Free up to 5 cheque pick-up/DD delivery requests per month & thereafter standard charges.
  • Free beat service: Daily visits to your home or office for picking up and depositing cheques into your account
  • Waiver on outward cheque returns (up to 10 instruments per month)
  • Free NEFT and RTGS at the branch and through net-banking
  • Free 24x7 net, mobile, phone, and SMS banking
  • Free alerts through email and SMS
  • Kotak Circle: Facility to club multiple current and saving accounts – this provides the flexibility to maintain minimum group AQB balance in any one or more accounts
  • A dedicated relationship manager who will be a single point of contact with the bank
  • Better forex rates and efficient trade services
  • Forex Live – An internet-based foreign exchange trading platform that enables buying and selling foreign currency for import/export transactions and other remittances (3)

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