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  1. Home
  2. Accounts
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  4. Silk Woman Savings Account
  5. Fees and Charges

Fees and Charges

Check the fees and charges for Silk Savings Programme 

Apply Online Now

Silk Women's Savings Account
  • Features
  • Eligibility
  • Fees and Charges
  • Required Documents
  • Terms & Conditions
More

Revision in General Schedule of Fees & Charges for Savings and Salary w.e.f 1st June 2022, the fees and charges are applicable as per the product variant Click here to know more.

Silk Savings Programme customers are eligible to avail non-maintenance charge waiver in their savings account if they meet the below criteria w.e.f 1st June 2023

Savings Product Balance Requirement

(for Silk programme customers only)

Existing balance requirement in Savings (Rs)

 

Balance criteria (one of the below)

Savings AMB Requirement (Rs)

Term Deposit Value (Rs)

Nova

5,000

5,000

25,000

Edge

10,000

10,000

50,000

Classic

10,000

10,000

50,000

Pro

20,000

20,000

100,000

Ace

50,000

50,000

250,000

  • TD tenor has to be greater than or equal 6 months. Term Deposit includes, Fixed deposit and recurring deposits
  • The primary holder of the Savings and Term Deposit relationship has to be same


Check the documents required for opening the Silk Woman Savings Account.
Explore more savings account options that best suit your needs.

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Frequently Asked Questions

What is women saving account?

The Kotak Mahindra Bank Silk - Women Savings Account programme provides women with the best of offers in finance, dining, health and lifestyle, empowering them to do more.

Was this information helpful to you? Yes No

What is the eligibility criteria for opening Women Savings Account?

Silk Savings Programme - The saving account for women is offered to only resident Indian woman customers above 18 years of age where primary account holder should be a woman in case of joint account.

Was this information helpful to you? Yes No

What documents are required to open a bank account for housewife?

The documents required for women saving account opening are as follows:

1) Identity Proof - (Driving License, Passport, Voter's ID, Aadhaar Card) 

2) Address Proof - (Passport, Driving License, Voter's ID, Aadhaar Card, Utility Bill, Bank Statement, Bank Account Passbook (Updated and no more than 3 months old) 

3) Signature Proof - (PAN Card, Driving License, Passport) 

4) Latest Passport Size Photographs

Was this information helpful to you? Yes No

What are the benefits of women bank account?

The benefits of Silk Savings Programme are as follows: 

1) Kotak Rewards - Avail upto 1500 kotak rewards on deibt card spends. 

2) Exclusive Offers - Flat 20% off on a minimum spends of Rs.799 on Urban Company (maximum discount Rs.350) &10% off on a minimum spend of Rs.2000 on NYKAA (maximum discount Rs.250) 

3)Community Access - Access to a community that will help women master the art of personal finance (@silk.moneymatters) 

4) Kotak ActivMoney - Earn FD like interest in your Savings Account with ActivMoney. 

5) Dedicated Query Resolution & Services -Dedicated toll free number 80-69-69-5555 for query resolution along with doorstep banking like cash pick-up and delivery, cheque/draft delivery, etc. at your home with Kotak Bank’s Silk Savings Programme

Was this information helpful to you? Yes No

What is the interest rate for savings for women?

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.

Was this information helpful to you? Yes No

What is the difference between regular saving account and women saving account?

A regular savings account can be opened by anyone above the age of 18, whereas Silk Savings Programme can only be opened by resident indian women customer over the age of 18 years and comes with exclusive benefits and offers.

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About us

  • Our Businesses
  • Media Centre
  • Sustainability
  • Careers
  • DIFC Branch
  • GIFT Branch
  • KMFSL

Investor Relations

  • Overview
  • Financials
  • Governance
  • Investor Info
  • Disclosures Regulation 46 and 62

Customer Service

  • Important Information
  • Write to us
  • Grievance Redressal
  • Report Fraud / Raise Dispute
  • Banking Ombudsman
  • Download Forms
  • Service Requests
  • Track Application Status
  • Tips on Safe Banking
  • Doorstep Banking Service
  • Contact Us for Depository Services

Aadhaar Services

  • Link your Aadhaar
  • Aadhaar Enrollment Center

Calculators & Tools

  • Personal Loan EMI Calculator
  • Car Loan EMI Calculator
  • Home Loan EMI Calculator
  • Fixed Deposit Calculator
  • Recurring Deposit Calculator
  • Gold Loan Calculator
  • Life Insurance Calculator
  • Business Loan EMI Calculator
  • Retirement Calculator
  • Simple Interest Calculator
  • Compound Interest Calculator
  • Goal Planner
  • Free Credit Score Checker

Digital Banking

  • Ways to Bank
  • Insta Services
  • Business & Fintech
  • Open Banking

Self Help

  • Help Center
  • Chat with Keya

Trending Products

  • Credit Cards
  • 811 Digital Savings Bank Account
  • Digi Personal Loan

Rates & fees

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  • Fees & Charges (GSFC)
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Financial Inclusion

About Merger

Erstwhile ING Vysya

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Others

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