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Maximize Savings with Kotak’s Innovative ActivMoney Facility: Kotak811


MUMBAI, India, Sept. 6, 2023 /PRNewswire/ — Kotak has always been at the forefront when it comes to leveraging technology to introduce smart and innovative financial solutions for their customers. Their latest breakthrough product – Kotak ActivMoney, is an auto sweep facility that helps customers earn FD-equivalent interest rates on their idle funds. 

The Kotak ActivMoney truly demonstrates the bank’s commitment to empower their customers to optimize their savings. With the sweep-in and sweep-out facility, Kotak ActivMoney gives customers the opportunity to make their money work smarter. The campaign video features Ranveer Singh and Keerthy Suresh in a dilemma – where they can’t choose between investing in a fixed deposit or a savings account and are equally involved in the financial decision. The solution is Kotak811’s revolutionary offering – ActivMoney. This facility lets the consumer enjoy the high interest rate of a fixed deposit on their idle funds. In case of an emergency, the customer can easily access this money, without incurring any charges or penalty. 

How Does Kotak ActivMoney work?

When the funds in an account exceed ₹25,000, the excess amount is automatically invested in ActivMoney fixed deposit in multiples of ₹5,000. This revolutionary feature opens doors to an impressive earning potential, allowing the consumer to earn up to 7% interest per annum on the funds which otherwise remained passive.

Flexibility and convenience are at the center of this groundbreaking service. In case a consumer’s account balance dips below ₹20,000, the fixed deposits are prematurely liquidated and transferred back to the bank account in multiples of ₹5,000 without any bank fee or penalty. The bank also offers a convenient solution for the pre-existing and new consumers who wish to avail of this facility. 

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About Kotak 811

When 8th November 2016 changed the way India transacted forever, Kotak811 was conceptualized to simplify banking and make it fully accessible online. Kotak811 was launched on 29th March 2017. As one of India’s first full service, truly digital bank, it offers customers a simple and convenient way to open a savings account and transact digitally using 180+ features on its Kotak811 Mobile Banking app, from home or on the move.

On 29th March 2022, Kotak811 presented itself as a bank within a bank, adopting a fresh and new brand identity with ‘digital at its core’. As a brand ethos, Kotak811 continuously inquires into India’s banking challenges, innovates to bridge these gaps, and inspires Indians to adopt a way of banking that lets them take full control.

Kotak811 has customers from 1,000+ Cities & Towns covering over 10,000 pin codes, across the country. Every 5 seconds, a new Account is opened digitally. Interestingly, more than 50% of 811 Accounts are opened outside banking hours. Kotak 811 offers instant account opening in 3 mins and KYC via video call in 5 mins.

For more information, please visit the digital bank’s website at


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