Account closure: Nil for closure within 30 days of account opening, Rs.500 for closure during 31 days to one year, Nil after one year of account opening: Debit Card: Enrolment fee: For Coral Debit Card Joining Fee of Rs. 699 and annual fee of Rs. 699: Late Payment Charges: N.A. Replacement Card fees (Lost / Damaged card) Rs. 200 per card DEMAT ACCOUNTS TERM DEPOSITS RTGS / NEFT Wealth Privy Resident Individual Non Individual Non Resident Individual. Investment Account KMBL/Nov-2017/V 1.02. Title: Account Closure Form for Savings, Current and Investment Account Author: ADMIN Created Date: Ask bank staff that you want to close your 811 Kotak account. They will provide a blank account closure form. Fill it with your basic detail and submit it with your KYC document copies. bank staff will check the original documents for verification if required. After that, your account will be closed in the system. Account Closure charges: (if closed after 1 month & before 6 months of A/C opening) Passbook (in lieu of Account Statement) Current Year Balance and interest statement, Duplicate Ad-hoc statement will be charged at Rs.100/- per request for 'Kotak Composite Savings Account'. The Bank will charge cross-currency mark-up charge of 3.5% on Junior Kids Savings Account. Current Accounts. See All Current Accounts. Online Current Account. ActivMoney Current Account. Startup Premium Current Account. Enter the cashless and rewarding world of Credit Cards with Kotak Bank! Whether you're shopping, traveling, or enjoying a movie, our cards come loaded with power-packed features that The Savings account is offered by Kotak Mahindra Bank Ltd. and the Demat and Trading account by Kotak Securities Ltd. By clicking on 'Apply now', you are re-directed to Kotak Securities Ltd. page for your convenience. Kotak Bank does not control or endorse Kotak Securities website and is not responsible for the content. For instance, account holders with the State Bank of India do not have to pay any account closure charges in case a person closes the bank account after 1 year.Wherein, earlier the bank used to Benefit from NRE Term Deposits offered by Kotak Bank with no tax liability, complete repatriability & a host of value added services. Junior Kids Savings Account. Current Accounts. See All Current Accounts. Online Current Account. ActivMoney Current Account. Startup Premium Current Account. mbrhqm.