Kotak Bank Ace Current Account

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Kotak Bank Ace Current Account

Kotak Bank Ace Current Account – a premium business account with high transaction limits, seamless banking, and exclusive benefits.

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Details for Kotak Bank Ace Current Account

Kotak Bank Ace Current Account is designed for businesses needing high transaction limits, digital banking ease, and exclusive perks. Enjoy seamless fund management, priority services, and advanced banking features to boost efficiency and financial control.

₹
MAB

2,50,000/-

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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

  • 4,00,00,000/-

Non Maintenance Charges

  • AQB < 50% of the required Product AQB: ₹7,000
  • AQB >=50% but < 100% of the required Product AQB: ₹4,000

Additional Benefits

  • Free access at all domestic VISA ATMs with Kotak Business Platinum Debit Card
  • Free demand drafts (up to Rs. 30 lakhs per month) payable at non-Kotak bank branches.
  • Free cheque collection through Speed Clearing
  • Free multi-city cheque books (at par cheque books)
  • Faster outstation cheque collection
  • Free cash withdrawal at the home branch location
  • Free cash withdrawal at non-home branches - up to Rs 2.5 lakh per day
  • No Cash Deposit charges up to 10 times the previous month’s average credit balance, Maximum of Rs. 4 Cr. per month; Standard charges apply thereafter
  • Home-banking service: On call cash/cheque pickup and delivery. Free up to 5 cheque pick-up/DD delivery requests per month & thereafter standard charges (1)
  • Free Beat service - Daily home/office visits for cheque pickup and deposit in 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 savings 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
  • Unsecured overdraft facility up to Rs. 15 lakhs for short-term business requirements
  • Current account balance converts to term deposits, to help earn attractive returns on idle balances

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