Here are key features of Kotak Mahindra Banks mobile app 811
Kotak Mahindra Bank on Wednessay launched full-service digital banking mobile app 811 which offers a zero balance savings account with zero charges for all digital transactions and customers can earn up to 6% interest per annum on their savings account balances.
With an aim to boost its organic growth, homegrown private sector bank Kotak Mahindra Bank on Wednesday launched full-service digital banking mobile app '811' in Mumbai.
Kotak aims to double customer base with ‘811’ digital banking initiative in 18 monthsAt present, 811 app is available on Google Play Store and it will soon be available on Apple’s App Store.
Here are key features of Kotak Mahindra Bank's 811 app:
1. The app has 100+ features with “Shop/Pay/Bank” on 24X7 basis
2. 811 app has Aadhaar-OTP based account opening on the bank's mobile app
3. The app has zero charges for all digital transactions
4. With the app, users can make easy money transfers with Unified Payment Interface (UPI)
5. Users can scan and shop 811 app with mVisa and Bharat QR
6. Through 811 app, users can send money instantly using our one-time transfer service
7. Users can also book movie tickets at PVR
8. The app can be used to shop online at Flipkart
9. The app can be used as Virtual Debit Card to pay at over 100,000 online merchants
10. Through the 811 app, users can access their Fixed Deposits, Demat account, Mutual Funds and Application Supported by Blocked Amount (ASBA)
11. Users can also access their credit cards and get an instant personal loan via 811 app
ALSO READ: Kotak Mahindra Bank acquires nearly 99.5% stakes in BSS Microfinance
Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.