Silk - Women’s Savings Account

Home » Savings Account » Silk - Women’s Savings Account

3.5

Average Review

Silk - Women’s Savings Account

Silk Women’s Savings Account offers exclusive benefits, higher interest rates, free insurance, and premium banking privileges designed to empower your finances.

  • cheque availibilty
Visit Site Apply Now Terms & Conditions Apply

Details for Silk - Women’s Savings Account

Kotak Silk Women’s Savings Account is designed exclusively for women, offering tailored financial benefits, cashback on shopping, higher withdrawal limits, and free health insurance. Enjoy exclusive privileges, seamless digital banking, and financial freedom with a secure and rewarding banking experience.

Interest Rate

4% interest p.a.

Withdrawal Limit

Get domestic daily ATM withdrawal limit of 40,000/- international daily ATM withdrawal limit of 50,000/-

Transaction Limit

2,00,000/-

Eligibility Criteria for Opening an Account

  • Silk Savings Programme is offered to only resident Indian woman customers above 18 years of age.
  • Sole or Joint Account- Primary account holder should be a woman in case of joint account
  • Silk Savings Programme cannot be offered to Minors, Non Residents, Foreigners,Customer having Small or BSBDA accounts

Additional Benefits

  • Experience Kotak Rewards feature where you can earn up to 1500 Kotak Reward Pointson purchases carried out through your Silk Platinum Debit Card and redeem points across categories like groceries, apparel, jewellery, hotel, dining etc
  • Liability of lost card- Up to Rs. 3.5 Lakhs Purchase Protection Limit- Up to Rs. 1 Lakh Personal Accidental Death Cover-Up to Rs. 15 Lakhs Lost Baggage Insurance- Rs. 1 Lakh Accidental Air Death Insurance- Up to 50 Lakhs
  • Exclusive Offer - 10% off on a minimum spend of Rs.2000 on NYKAA (maximum discount Rs.250)
  • Community Access - Access to a community that will help women master the art of personal finance (@silk.moneymatters)
  • Kotak ActivMoney - Earn FD like interest in your Savings Account with ActivMoney.
  • Zero Processing Fee on Gold Loan
  • Flat ROI @ 9.49% p.a. and zero processing fee on Two-Wheeler loan
  • Up to 100% On-road funding on Car Loan
  • Rs. 999 flat processing fee on Personal Loan
  • 10.50% discount on Locker rental for the first year for every Silk Women’s Savings Account