Learning Objective

By the end of this session you will learn about the Kotak Current Account bouquet, its variants and various
programmes that are associated with the CA product.

Competition benchmarking

Learning Debit cards for Current accounts

Map
Other Promos

Global Trade account (GTA)

Trader Current Account

General Schedule of Features and Charges

Product
Convergence Current Account Variants
Matrix

USP of Kotak Current Account

 Learning Objective
By the end of this session you will learn about the Kotak Current Account bouquet, its variants and various
programmes that are associated with the CA product.

Competition benchmarking

Learning Debit cards for Current accounts

Map
Other Promos

Global Trade account (GTA)

Trader Current Account

General Schedule of Features and Charges

Product
Convergence Current Account Variants
Matrix

USP of Kotak Current Account

 Product Convergence – Way
forward
ING Vysya is
AQB ING Product now Kotak Markets
Product

10000 General CA Neo CA (urban) Conditional U/M

10000 General CA Classic CA (Su/R) SU / R

10000 NA Trader Classic CA SU/R

25000 Comfort CA Edge CA All Locations

50000 Advantage CA Pro CA All Locations

50000 Flexi CA Trader Pro CA All Locations

M- Metro; U – Urban; SU – Semi Urban; R - Rural

 Product Convergence – Way
forward
ING Vysya is
AQB ING Product now Kotak Markets
Product

100000 Orange CA Elite CA All Locations

250000 NA Ace CA All Locations

500000 Platina 5 CA Astra 5 CA All Locations

1000000 Platina 10 CA Astra 10 CA All Locations

2500000 Platina 25 CA Astra 25 CA All Locations

* Platina 50 will not be available from Day 0

M- Metro; U – Urban; SU – Semi Urban; R - Rural
 Workbook Time

Page 16 , Learner Workbook

 Learning Objective
By the end of this session you will learn about the Kotak Current Account bouquet, its variants and various
programmes that are associated with the CA product.

Competition benchmarking

Learning Debit cards for Current accounts

Map
Other Promos

Global Trade account (GTA)

Trader Current Account

General Schedule of Features and Charges

Product
Convergence Current Account Variants
Matrix

USP of Kotak Current Account

 USP of Kotak Current Account

 Higher cash deposit limits* based on the balance maintained in the account as
well as assured minimum cash deposit limit. (For Trader CA cash can be
deposited at any branch Pan India)

 Free limited Outward cheque return** facility to take care of the cheque bounces
of the customer’s cheque collection

 ActivMoney

 Home Banking and Beat Services

 Trade and Forex Services

 Fx Live

 No charges for undertaking Net Banking transactions of RTGS / NEFT / Fund

transfer 8
 ActivMoney

 Balance above a threshold transferred to a fixed deposit.

 Threshold limit for sweep out and sweep in is twice the
product AQB or 50000 whichever is higher except for
Trader Pro and Trader Classic CA. (Trader Pro (In / Out
Limit) - Rs. 5 lakh;
Trader Classic (In / Out limit) – Rs. 1 Lakh)
 In case of insufficient funds in the Current account, funds
in fixed deposit are swept in the Current Account.
 Swept in/out in units of Rs. 10,000 and on Last In First
Out basis, thus ensuring maximum interest gain
 No pre-mature withdrawal penalty
 Tenure of Fixed Deposit: 180 days
“I don’t want to keep
 FD has to complete minimum 7 days in the system to worrying about the idle
earn interest balance in my account.”
 Workbook Time

Page 16 , Learner Workbook

CA Product AQB Minimum Sweep out Minimum Sweep in

Limit Limit
Ace
Elite
Pro
Edge
Neo
Trader Classic CA
Trader Pro CA
Astra 5
Astra 10
Astra 25
 Home Banking

• Existing Customers: Home Banking and Beat cheque

pick up facility will continue to be offered as per the
existing offering within the Profile network for
existing customers.

• New To Bank customers, can avail of Adhoc Home

Banking services through a Call at Customer Contact
Centre (WIP)
 Door Step Banking = Home Banking &
Beat Services
Introduction of Home Banking –

All NTB customers by design are eligible to get the following services by calling our
call centre number

 Cash Delivery / Cash Deposit - INR 5k to 5 Lakhs

 Cheque pick up / DD Delivery
 Any request placed before noon will be processed before 6 pm.
 Coverage : 89 Locations , 287 Branches

Internal Process :

 Customers to call from their registered number and validate their T pin to place requests
 QMS enabled to record requests on Home banking and closure by Hub Branches.
 Hub branch to take print of QMS, sign, seal and scan to the vendor (by mail).
 Vendor representative to reach customer place – provide the QMS reference number and
match with customer reference before pick up of cash / cheque and provide the
acknowledgement.
 Vendor representative to reach bank – show the mail copy and Emp ID card. Collect cash /
DD and handover the same to the customer / representative at the address authorized by
the bank after verification of customer cheque.
 Door Step Banking = Home Banking &
Beat Services

Beat Services :

 This is in addition to the Home Banking Services offered only to CA

customers for cash / Chq pick up.

 All other process forms / formats of existing BEAT services (DSB) will
continue for fulfilment of this request.
 HUB Branch Responsibilities

 Verification of QMS pendency at regular interval

 Interact with the vendor to fulfil the customer request
 Day end cash / Chq tally and QMS request to be closed in system
 Monthly verification of vendor bills .
 Charging customer beyond product fee limit basis services availed
by Only CPC/Nodal Branch.
 FX Live for Exporters/Importers
FX Live is Kotak Mahindra Bank’s web-based foreign exchange trading platform.
An internet based application which enables customers to buy and sell foreign
currency for import/export transactions & other remittances for different maturities
quickly, efficiently and securely. Offering to
NTB
Features of FX Live: customers
 Instant information on FX rate for various currencies and tenors. on demand
 User friendly front-end for Hassle free dealing.
 Rates for Cash, Tom, Spot and Forward maturities can be booked.
 Client can place limit order and set Take Profit / Stop Loss levels.
 Multiple users of the same organization can book deals on behalf of the
company.
 Instant deal ticket printout, instant Email to the client.
 Useful / Timely retrieval of historical information of the deals booked
 Learning Objective
By the end of this session you will learn about the Kotak Current Account bouquet, its variants and various
programmes that are associated with the CA product.

Competition benchmarking

Learning Debit cards for Current accounts

Map
Other Promos

Global Trade account (GTA)

Trader Current Account

General Schedule of Features and Charges

Product
Convergence Current Account Variants
Matrix

USP of Kotak Current Account

 Astra variants

is now
Platina 5 CA Astra CA 5

is now
Platina 10 CA Astra CA 10

is now
Platina 25 CA Astra CA 25
 Key Features & Pitching Points of Astra25 Account

 Meant for large scale businesses which have large turnover typically from
AQB: Rs. 25 lacs
50 Cr and above.

 Target Segment : Manufacturing, Large scale businesses / enterprises, EXIM, IT Services

 Avail interest on current account through Activmoney feature.

 Cash deposit up to 10 times of avg balance maintained or Rs. 25 lakh

per month ! whichever is higher.
 RTGS & NEFT payment / collections.
 Local / anywhere cheque collection and payment
 10 per month outward cheque return facility
 Unlimited Home Banking requests per month
 Unlimited DDs payable at branch locations and DDs up to Rs. 50 lakhs p.m.
payable at non-branch locations!
18
 Key Features & Pitching Points of Astra10 Account

 Meant for large scale businesses which have large turnover typically from
AQB: Rs. 10 lacs
30 Cr to 50 Cr and above.

 Target Segment : Manufacturing, Large scale businesses / enterprises, EXIM, IT Services

 Avail interest on current account through Activmoney feature.

 Cash deposit up to 8 times of avg balance maintained or Rs. 25 lakh

per month ! whichever is higher.
 RTGS & NEFT payment / collections.
 Local / anywhere cheque collection and payment
 10 per month outward cheque return facility
 Unlimited Home Banking requests per month
 Unlimited DDs payable at branch locations and DDs up to Rs. 50 lakhs p.m.
payable at non-branch locations!
19
 Key Features & Pitching Points of Astra5 Account

 Meant for large scale businesses which have large turnover typically from
AQB: Rs. 5 lacs
15 Cr to 30 Cr and above.

 Target Segment : Manufacturing, Large scale businesses / enterprises, EXIM, IT Services

 Avail interest on current account through Activmoney feature.

 Cash deposit up to 8 times of avg balance maintained or Rs. 25 lakh

per month ! whichever is higher.
 RTGS & NEFT payment / collections.
 Local / anywhere cheque collection and payment
 10 per month outward cheque return facility
 1 per day Home Banking requests
 Unlimited DDs payable at branch locations and DDs up to Rs. 30 lakhs p.m.
payable at non-branch locations!
20
 Key Features & Pitching Points of Ace Account

 Meant for large scale businesses which have large turnover typically from
AQB: Rs. 2.5 lacs
5 Cr to 15 Cr approx.

 Target Segment : Manufacturing, Large scale businesses / enterprises, EXIM, IT Services

 Avail interest on current account through Activmoney feature.

 Credit Access : unsecured overdraft upto Rs. 15 lakhs!

 Cash deposit up to 8 times of avg balance maintained or Rs. 25 lakh

per month ! whichever is higher.
 RTGS & NEFT payment / collections.
 Local / anywhere cheque collection and payment
 10 per month outward cheque return facility (Max 1 per day)
 15 Home Banking request per month
 Unlimited DDs payable at branch locations and DDs up to Rs. 30 lakhs p.m.
payable at non-branch locations
21
 Key Features & Pitching Points of Elite Account

 Meant for medium to large scale businesses which have large turnover
AQB: Rs. 1 lacs
typically from 2 Cr to 5 Cr.

 Target Segment : Multi Citi Operational Business, EXIM profile customers, Automobile,
Infrastructure
 Avail interest on current account through Activmoney feature.
 Credit Access : unsecured overdraft upto Rs. 15 lakhs!

 Cash deposit up to 5 times of avg balance maintained or Rs. 10 lakh

per month ! whichever is higher.
 RTGS & NEFT payment / collections.
 Local / anywhere cheque collection and payment
 5 per month outward cheque return facility
 12 Home Banking request per month (Max 1 per day)
 100 DDs payable at branch locations and DDs up to Rs. 10 lakhs p.m.
payable at non-branch locations

22
 Summary of benefits – Orange v/s Elite

ING Vysya is now

Parameter ING
Kotak

Activ Money feature offered.

Activ Money No Activ Money feature offered Minimum sweep in and out limit is
2 lacs

Cash Deposit – Home 5 times of prev month's avg credit

Location 15 L thereafter 2.5/1000 balance or 10L whichever is higher
thereafter 2.5/1000

Cash Deposit- Non Home Nil. 3L p.m thereafter 4.5/1000 Min 50

location Charges applicable are 3/1000 per txn.

Cash withdrawal- Non Unlimited for self, 3rd party 50K 1L per day thereafter 2/1000 Min
Home location per txn 50 per txn
 Summary of benefits – Orange v/s Elite

ING Vysya is now

Parameter ING
Kotak

Combined Free limit of 200 lac for

RTGS Payment RTGS, NEFT and DD thereafter Unlimited
charges as per GSFC

Combined Free limit of 200 lac for

NEFT payment RTGS, NEFT and DD thereafter Unlimited
charges as per GSFC

Outward Cheque Return - 5 free per month thereafter Rs.100

Rs. 100/- per instrument
Local per instrument

For up to Rs. 5,000 : Rs. 25;

Outstation Cheque <10K: Rs.50 per cheque;
Btwn Rs.5K & 10K : Rs. 50;
Collection – Non Bank 10K - 1L: Rs.25 per cheque;
Btwn Rs.10K & Rs.1 lac : Rs.100;
location >1L: Free
Above Rs. 1,00,000 : Rs. 150;
 Key Features & Pitching Points of Pro Account

 Medium scale businesses having a turnover in the range of 1 to 3 cr AQB: Rs. 50000
approx. or even more
 Target Segment : Trading, Professional Service Providers like CA, CS, Consultants, Food Grain
Merchants, APMC, Real Estate
 Avail interest on current account through Activmoney feature.
 Credit Access : unsecured overdraft upto Rs. 15 lakhs!

 Cash deposit up to 5 times of avg balance maintained or Rs. 5

lakh per month ! whichever is higher.
 RTGS & NEFT payment / collections.
 Local / anywhere cheque collection and payment
 3 per month outward cheque return facility
 8 Home Banking request per month – Max 1 per day
 50 DDs payable at branch locations

25
 Summary of benefits – Advantage v/s Pro

ING Vysya is now

Parameter ING
Kotak

Activ Money feature offered.

Activ Money No Activ Money feature offered Minimum sweep in and out limit is
1 lac

Cash Deposit – Home 5 times of prev month's avg credit

Location 7.5 L thereafter 3/1000 balance or 5L whichever is higher
thereafter 2.5/1000

Cash Deposit- Non Home Nil. 1L p.m thereafter 4.5/1000 Min 50

location Charges applicable are 3.5/1000 per txn.

Cash withdrawal- Non Unlimited for self, 3rd party 50K 50K per day thereafter 2/1000 Min
Home location per txn 50 per txn
 Summary of benefits – Advantage v/s Pro

ING Vysya is now

Parameter ING
Kotak

Combined Free limit of 50 L for

RTGS Payment RTGS, NEFT and DD thereafter Unlimited
charges as per GSFC

Combined Free limit of 50L for

NEFT payment RTGS, NEFT and DD thereafter Unlimited
charges as per GSFC

Outward Cheque Return - 3 free per month thereafter Rs.100

Rs. 100/- per instrument
Local per instrument

For up to Rs. 5,000 : Rs. 25;

Outstation Cheque <10K: Rs.50;
Btwn Rs.5K & 10K : Rs. 50;
Collection – Non Bank 10K - 1L: Rs.25;
Btwn Rs.10K & Rs.1 lac : Rs.100;
location >1L: Free
Above Rs. 1,00,000 : Rs. 150;
 Key Features & Pitching Points of Edge Account

 Meant for Small businesses which have small to medium turnover between
AQB: Rs. 25000
50 Lakhs to 1 Cr approx.

 Target Segment : New business set up & for those customers who want to switch from
traditional co-operative and nationalized banks to private sector banks for better service!

 Avail interest on current account through Activmoney feature.

 Credit Access : unsecured overdraft upto Rs. 15 lakhs!

 Cash deposit up to 5 times of avg balance maintained or Rs. 4

lakh per month ! whichever is higher.
 RTGS & NEFT payment / collections through Netbanking
 Local / anywhere cheque collection and payment
 25 DDs payable at branch
28
locations
 Summary of benefits – Comfort v/s Edge

ING Vysya is now

Parameter ING
Kotak

Activ Money feature offered.

Activ Money No Activ Money feature offered Minimum sweep in and out limit is
50000

Cash Deposit – Home 5 times of prev month's avg credit

Location 2.L thereafter 3.5/1000 balance or 4L whichever is higher
thereafter 2.5/1000

Cash Deposit- Non Home Nil. 50K p.m thereafter 4.5/1000 Min
location Charges applicable are 4/1000 50 per txn.

Cash withdrawal- Non Unlimited for self, 3rd party 50K 25K per day thereafter 2/1000 Min
Home location per txn 50 per txn
 Summary of benefits – Comfort v/s Edge

ING Vysya is now

Parameter ING
Kotak

Unlimited Free through Net Banking

Combined Free limit of 25L for
and through branch:
RTGS Payment RTGS, NEFT and DD thereafter
2-5 L : Rs 25 per txn
charges as per GSFC
>5 L : Rs 50 per txn

Unlimited Free through Net Banking

Combined Free limit of 25L for
and through branch:
RTGS, NEFT and DD thereafter
NEFT payment = 10K: Rs 2.5/txn
charges as per GSFC . Unlimited if
>10k < =2 L - Rs. 5 /txn;
request through Netbanking only
Above 2 L - Rs. 25/txn

Outward Cheque Return -

Rs. 100/- per instrument Rs. 100/- per instrument
Local

For up to Rs. 5,000 : Rs. 25;

Outstation Cheque <10K: Rs.50 per cheque;
Btwn Rs.5K & 10K : Rs. 50;
Collection – Non Bank 10K - 1L: Rs.25 per cheque;
Btwn Rs.10K & Rs.1 lac : Rs.100;
location >1L: Free
Above Rs. 1,00,000 : Rs. 150;
 Key Features & Pitching Points of Neo Account

 Meant for Small businesses within the vicinity of the branch & for
AQB: Rs. 10000
customers of other public and pvt sector banks especially in single branch
locations.

 Neo Current account is offered at select locations. (Not available in top 8 locations – Delhi
/ Mumbai / Ahmedabad / Chennai / Bangalore / Kolkata / Pune /Hyderabad)

 Avail interest on current account through Activmoney feature.

 Credit Access : unsecured overdraft upto Rs. 15 lakhs!

 Cash deposit upto Rs. 2 lakh per month

 RTGS & NEFT payment / collections through Netbanking
 Local / anywhere cheque collection and payment

31
 Summary of benefits – General v/s Neo

ING Vysya is now

Parameter ING
Kotak

Activ Money feature offered.

Activ Money No Activ Money feature offered Minimum sweep in and out limit is
50000

Cash Deposit – Home

Location 1 L thereafter 4/1000 2 L thereafter 2.5/1000

Cash Deposit- Non Home Nil. 20K p.m thereafter 4.5/1000 Min
location Charges applicable are 4.5/1000 50 per txn.

Cash withdrawal- Non Unlimited for self, 3rd party 50K 10K per day thereafter 2/1000 Min
Home location per txn 50 per txn
 Summary of benefits – General v/s Neo

ING Vysya is now

Parameter ING
Kotak

Free through Net Banking and

>=2-5 lacs - Rs. 25/txn through branch:
RTGS Payment 2 - 5 L: Rs. 25/ txn
Above Rs, 5 lacs - Rs. 50/txn
> 5 L: RS. 50/ txn

Free through Net Banking and

upto 1 L: 5/txn;
through branch:
Above 1L to 2L: 15/txn;
NEFT payment =10K: Rs 2.5/txn
> 2L:25/txn
>10k <=2 L- Rs. 5 /txn;
Above 2 L- Rs. 25/txn

Outward Cheque Return -

Rs. 100/- per instrument Rs. 100/- per instrument
Local

For up to Rs. 5,000 : Rs. 25;

Outstation Cheque <10K : Rs 50/Chq;
Btwn Rs.5K & 10K : Rs. 50;
Collection – Non Bank 10K - 1 L : Rs 100/Chq;
Btwn Rs.10K & Rs.1 lac : Rs.100;
location >1L : Rs 150/Chq
Above Rs. 1,00,000 : Rs. 150;
 Activity

Balancing Knowledge
 Learning Objective
By the end of this session you will learn about the Kotak Current Account bouquet, its variants and various
programmes that are associated with the CA product.

Competition benchmarking

Learning Debit cards for Current accounts

Map
Other Promos

Global Trade account (GTA)

Trader Current Account

General Schedule of Features and Charges

Product
Convergence Current Account Variants
Matrix

USP of Kotak Current Account

 General Schedule of Features and Charges

The General Schedule of Features and Charges or GSFC lists down all the
charges that may be applicable to the CA product variant that a customer
may avail.

Refer to your
Hand-out

36
 Learning Objective
By the end of this session you will learn about the Kotak Current Account bouquet, its variants and various
programmes that are associated with the CA product.

Competition benchmarking

Learning Debit cards for Current accounts

Map
Other Promos

Global Trade account (GTA)

Trader Current Account

General Schedule of Features and Charges

Product
Convergence Current Account Variants
Matrix

USP of Kotak Current Account

 Trader Current A/C - Target Segment

Retailers Wholesalers Textile Traders

 Unique Selling Proposition

 Fungibility of Cash Deposit across India

 Higher monthly limit of free cash deposit (8 times of previous

months average credit balance or 10 lacs p.m whichever is
higher) compared to regular current account

 Higher free limit of Outward cheque return (10 free per

month)

 Free collection and payment through cheque / NEFT / RTGS

/ Fund Transfer

 Exclusive offering for Rural and Semi Urban locations -

Trader Classic - AQB - 10K

 Trader Pro - AQB - 50k for Metro and Urban locations

 Trader Current Account – Features / Benefits

Trader Classic Current

Features & Benefits Trader Pro Current Account
Account
Cash Transactions
8 times of previous months 8 times of previous months avg
Cash Deposit - Home + Non Home
avg cr. Bal or Rs. 10 Lacs p.m. cr. Bal or Rs. 10 Lacs p.m.
Location
whichever is higher whichever is higher
Cash Withdrawal - Home Location Free Free
Cash Withdrawal - Non Home
10K per day 50K per day
Location
Cheque Transactions
Cheque Collection & Payment - Local
Free Free
& Anywhere
Outstation Cheque Collection - At <10K: 50/Chq; 10K - 1L: <10K: 50/Chq; 10K - 1L: 25/Chq;
Bank / Non Bank Location 25/Chq; >1L: Free >1L: Free
Cheque Deposited & Returned (Local) 10 Free p.m. 10 Free p.m.

Payable at par Cheque Book 50 cheque leaves free p.m. 100 cheque leaves free p.m.
Fund Transfer / RTGS / NEFT Transactions
Fund Transfer - Collections &
Free Free
Payments
RTGS / NEFT - Collections & Payments Free Free
Home Banking
On Call Request-Cheque Pick-up/DD
NA 8 request p.m. (Max 1/Day)
Delivery/Cash Pick-up or Delivery
Beat Service-Cheque Pick-up NA Free
Average Quarterly Balance (AQB)
Minimum AQB required Rs. 10,000 Rs. 50,000
 Summary of benefits – Flexi v/s Trader Pro
Brain Teaser

ING Vysya is now

Parameter ING
Kotak

Activ Money feature offered.

Activ Money No Activ Money feature offered Minimum sweep in and out limit is
5 lacs

Cash Deposit – Home 8 times of prev month's avg credit

Free up to 12 times MAB
Location balance or 10L whichever is higher
maintained at Home Location
at Home as well as Non-Home

Cash Deposit- Non Home Nil. Limit is combined for home and
location Charges applicable are 3.5/1000 non-home locations

Cash withdrawal- Non Unlimited for self, 3rd party 50K 50K per day thereafter 2/1000 Min
Home location per txn 50 per txn
 Summary of benefits – Flexi v/s Trader Pro

ING Vysya is now

Parameter ING
Kotak

Free limit upto 100 times MAB

across NEFT/RTGS/DD/PO. This
RTGS Payment is a combined limit across Demand Unlimited
Draft / Pay Order/ At par
cheque/RTGS/NEFT

Free limit upto 100 times MAB

across NEFT/RTGS/DD/PO. This
NEFT payment is a combined limit across Demand Unlimited
Draft / Pay Order/ At par
cheque/RTGS/NEFT
 Summary of benefits – Flexi v/s Trader Pro

ING Vysya is now

Parameter ING
Kotak

Outward Cheque Return - 10 cheques free per month

Local Rs. 100/- per instrument
thereafter Rs. 100/- per instrument

For up to Rs. 5,000 : Rs. 25;

<10K: 50/Chq;
Outstation Cheque Btwn Rs.5K & 10K : Rs. 50;
Collection – Non Bank 10K - 1L: 25/Chq;
location Btwn Rs.10K & Rs.1 lac : Rs.100;
>1L: Free
Above Rs. 1,00,000 : Rs. 150;
Trader current account v/s Competition

Best among
competition
 Learning Objective
By the end of this session you will learn about the Kotak Current Account bouquet, its variants and various
programmes that are associated with the CA product.

Competition benchmarking

Learning Debit cards for Current accounts

Map
Other Promos

Global Trade account (GTA)

Trader Current Account

General Schedule of Features and Charges

Product
Convergence Current Account Variants
Matrix

USP of Kotak Current Account

 GTA - Global Trade Account

Give Your Business an Edge

with
Kotak - Global Trade Account
 Global Trade Account

Trade Finance & Services:

• Global Trade Account is a specially designed Current Account to cater to the

requirements of exporters & importers. Our cutting edge technology facilitates faster
flow of communication, convenience of operations, and of course, hassle free
transactions processing.

The key features of our Trade Finance & Services:

• Flat pricing across all products

• Choice of maintaining Quarterly through Put or AQB in terms of INR

• Fx Live
 Global Trade Account - GSFC
QTP USD 50K GTA QTP USD 100 K GTA QTP USD 250 K GTA
Product / Service / Particulars
Pro Elite Ace/Astra variants
Inward Remittance FREE FREE FREE
FIRC FREE FREE FREE
BRC FREE FREE FREE
Exports - Collection Bills
400 per bill 300 per bill 200 per bill
(LC/Non-LC)
Advance Export Bills 400 per bill 300 per bill 200 per bill
Non Trade Outward
400 per bill 300 per bill 200 per bill
Remittances
Advance Payments for Imports 400 per bill 300 per bill 200 per bill
Direct Import Bills 400 per bill 300 per bill 200 per bill
Import Bills for Collection
400 per bill 300 per bill 200 per bill
(LC/Non-LC)
Swift Charges FREE FREE FREE
Courier Charges FREE FREE FREE
Registered Post Charges FREE FREE FREE
Export LC Advising FREE FREE FREE
GR Release Charges 400 per bill 300 per bill 200 per bill
Charges for not routing
committed volume or not
1500 3000 5000
maintaining AQB (NMC will be
charged)
 Learning Objective
By the end of this session you will learn about the Kotak Current Account bouquet, its variants and various
programmes that are associated with the CA product.

Competition benchmarking

Learning Debit cards for Current accounts

Map
Other Promos

Global Trade account (GTA)

Trader Current Account

General Schedule of Features and Charges

Product
Convergence Current Account Variants
Matrix

USP of Kotak Current Account

Other Promo offers

50
 Promo – Value Profession

This proposition is eligible for the Current Account of Resident Individuals, Sole
Proprietor, Partnership, Limited Liability Partnership, Pvt LTD, Public LTD
Promo code VPPNMC
Eligible Customer  Chartered Accountant
 Company Secretary
 ICWAI
Product Offerings  CA - PRO
 CA – EDGE
 CA – Classic
Additional Mandatory  Certificate of Practice or Certificate of Membership
Document
Initial Funding  Initial Funding Cheque > = Product AQB
Liberty on Non  Account with NMC waiver will be offered
Maintenance Charges
(NMC) at Account Level  VPPNMC promo code to be capture at customer and account
level

51
 Promo – Invest Easy Promo

Promo code INV001

Entitlement  NMC waiver till TD of an amount greater than or equal to 10
times the Product AQB is live.
Eligible Accounts  New Current Accounts: Ace, Elite, Pro, Edge, Classic and
Neo
Mandatory  IP Cheque >= Product AQB
Points to remember  Existing TD customers can be offered a Current / Savings
Account under the offer, provided the condition of TD >= 10
times the Product AQB is satisfied.

 Nova, Classic CA – SA & CA Neo are eligible in the

selected branches only.

 No other promo can be combined with this promo.

Post Promo Maintenance  Under the Investeasy Promotion, NMC waiver is applicable till
the time TD >= 10 times the product AQB is live.

 NMC waiver will be removed for all accounts where the

condition is not being satisfied as a part of the quarterly
exercise by Operations 52
 Learning Objective
By the end of this session you will learn about the Kotak Current Account bouquet, its variants and various
programmes that are associated with the CA product.

Competition benchmarking

Learning Debit cards for Current accounts

Map
Other Promos

Global Trade account (GTA)

Trader Current Account

General Schedule of Features and Charges

Product
Convergence Current Account Variants
Matrix

USP of Kotak Current Account

 Debit card for Current Accounts

CA
Default
Classification Default Card Type Daily Limits Chip
Business Class Debit ATM - 50,000
Neo CA / Edge No
Card PoS+Ecom - 1,75,000

Business Class Debit ATM - 50,000

Pro No
Card PoS+Ecom - 1,75,000

Business Class Debit ATM - 50,000

Elite No
Card PoS+Ecom - 1,75,000

Business Platinum Debit ATM - 2,00,000

Ace Yes
Card PoS+Ecom - 2,50,000

World Debit Card (for ATM - 2,00,000

Astra all variants (CA) Yes
Astra CA) PoS+Ecom - 2,50,000
54
 Learning Objective
By the end of this session you will learn about the Kotak Current Account bouquet, its variants and various
programmes that are associated with the CA product.

Competition benchmarking

Learning Debit cards for Current accounts

Map
Other Promos

Global Trade account (GTA)

Trader Current Account

General Schedule of Features and Charges

Product
Convergence Current Account Variants
Matrix

USP of Kotak Current Account

Astra CA 10 v/s Competition

56
 Astra CA 10 v/s Competition
Features Kotak HDFC ICICI AXIS YES

Variant name Astra CA 10 Apex Elite Channel One Yes First

AQB 10 lakhs 10 lakhs 10 lakhs 10 lakhs AQB 10

lakhs
or AQT 3 cr
ActivMoney Yes No No No No

Cash deposit Free upto 8 Higher of Rs.120 1 Cr free per 1.2 cr free per 1.5 Cr per
charges times of prev lacs per month or month month month
month’s average 10 times the thereafter thereafter 3 thereafter 3
credit balance or previous month Packet: per 1000 per 1000
25 L whichever Average Monthly Rs.30/100 (Min Rs.50)
is higher Balance or 60 Notes of same
thereafter 2.5 transactions which denomination;
per 1000 ever is lower Loose Notes:
thereafter Rs.3/- Rs. 0.50/note,
per Rs.1,000/-, if in parts,, Min
minimum Rs.50/- Rs. 50/txn
per transaction

57
 Astra CA 10 v/s Competition
Features Kotak HDFC ICICI AXIS YES

Cash withdrawal Free Free Rs.50 L Free 50K per Free Rs. 60 Unlimited
(non home per month day thereafter L per month
branch – home thereafter Rs.2/1000; Min thereafter 3
city) Rs.2/1000, min Rs.50 per 1000
Rs.50/- per
transaction
Outward Cheque 10 Free per No free limit. No free No free No free
Return - Local month thereafter Rs.50 per limit.Rs.100 per limit.Rs.100 limit.Rs.100 per
Rs.100 per cheque cheque per cheque cheque
cheque
Home Banking Free unlimited No such No such No such Once a day (25
service service service txn or 75 L cash
provided provided provided p.m.) thereafter
200/Txn upto 3
Lacs,
250/Txn above 3
lacs up to 8 Lacs,
600/Txn above 8
Lacs up to 15
Lacs,
1,500/Txn above
15 Lacs
58
Astra CA 5 v/s Competition

59
 Astra CA 5 v/s Competition
Features Kotak HDFC ICICI AXIS YES INDUS IND

Variant name Astra CA 5 Max Platinum Business Business Indus

Privilege elite Prestige/Indus
Exim
Advantage
AQB 5 lakhs 5 lakhs 5 lakhs 5 lakhs AQB 5 5 lakhs
lakhs or
AQT - 2 cr
Active Money Yes No No No No No

Cash deposit Free upto 8 Higher of Rs.60 50 L free 60 L free 1 Crore 10 times of the
charges times of prev lacs per month per month per month free per previous Month
month’s or 10 times the thereafter thereafter 3 month AMB maximum
average current month 6/1000 + per 1000 thereafter of Rs. 1 cr per
credit Average Packet: 3 per 1000 Month
balance or 25 Monthly Rs.30/100 (Min thereafter 3 per
L whichever Balance or 60 Notes of Rs.50) 1000
is higher transactions same
thereafter 2.5 which ever is denominatio
per 1000 lower thereafter n; Loose
Rs.3/- per Notes: Rs.
Rs.1,000/-, 0.50/note, if
minimum in parts,,
Rs.50/- per Min Rs. 60
transaction 50/txn
 Astra CA 5 v/s Competition
Features Kotak HDFC ICICI AXIS YES INDUS IND

Cash Free upto 5 L Free Rs.50 L Free 50K Free Rs. Unlimited Unlimited
withdrawal per day per month per day 25 L per
(non home thereafter thereafter thereafter month
branch – 2/1000 min Rs.2/1000, min Rs.2/1000; thereafter 3
home city) Rs.50 per txn Rs.50/- per Min Rs.50 per 1000
transaction
Outward 10 Free per No free No free No free No free No free
Cheque month limit.Rs.50 per limit.Rs.100 limit.Rs.10 limit.Rs.100 limit.Rs.50 per
Return - thereafter cheque per cheque 0per per cheque cheque
Local Rs.100 per cheque
cheque
Home Free 1 per No such No such No such No such No such
Banking day thereafter service service service service service
Cheque/DD : provided provided provided provided provided
75 per
request
Cash < 2 L :
200 per
request
Cash 2- 5 L :
400 per
request
61
Kotak Ace v/s Competition

62
 Kotak Ace v/s Competition
Features Kotak ICICI YES

Variant name Ace Gold Plus Business Edge

AQB 2.5 lakhs 3 lakhs AQB 2 lakhs or AQT

- 80 lacs
Active Money Yes No No

Cash deposit charges Free upto 8 times of prev 30 L per month thereafter 50 L per month
month’s average credit Packet: Rs.30/100 Notes thereafter 3 per 1000
balance or 25 L whichever is of same denomination; (Min Rs.50)
higher thereafter 2.5 per 1000 Loose Notes: Rs.
0.50/note, if in parts,, Min
Rs. 50/txn
Cash withdrawal (non Free Free 50000 per day Unlimited
home branch) thereafter Rs.2/1000; Min
Rs.50
Outward Cheque 10 Free per month thereafter No free limit.Rs.100 per No free limit.Rs.100
Return - Local Rs.100 per cheque cheque per cheque
Home Banking 15 requests free per month No such service provided No such service
(Max 1 request per day) provided
thereafter
 Cheque/DD - 75/Request
 Cash - < 2L: 200/Request;
 Cash 2-5L: 400/Request 63
Kotak Elite v/s Competition

64
 Kotak Elite v/s Competition
Features Kotak HDFC ICICI AXIS INDUS IND

Variant name Elite Plus Gold Business Indus Gold+/Indus

Classic Exim Basic
AQB 1 lakh 1 lakh 1 lakh 1 lakh Metro / Urban – 1
lakh; Semi Urban
/ Rural- 50K
Active Money Yes No No No No

Cash deposit Free upto 5 Rs.10 lacs per 10 L free per 12 L free per 12 L free per
charges times of prev month or 50 month month Month thereafter 3
month’s transactions thereafter thereafter 3 per 1000
average credit which ever is 6/1000 + per 1000
balance or 10 L lower thereafter Packet:
whichever is Rs.3/- per Rs.30/100
higher Rs.1,000/-, Notes of same
thereafter 2.5 minimum Rs.50/- denomination;
per 1000 per transaction Loose Notes:
Rs. 0.50/note,
if in parts,, Min
Rs. 50/txn

65
 Kotak Elite v/s Competition
Features Kotak HDFC ICICI AXIS INDUS IND

Cash Unlimited Free Rs.1 L per Free 50K per Free Unlimited
withdrawal day thereafter day thereafter Rs.12 L
(home branch Rs.2/1000, min Rs.2/1000; per
location– home Rs.50/- per Min Rs.50 month
city) transaction thereafter
3 per
1000
Outward 5 Free per No free No free No free No free limit.Rs.50
Cheque Return - month limit.Rs.100 per limit.Rs.100 limit.Rs.1 per cheque
Local thereafter cheque per cheque 00 per
Rs.100 per cheque
cheque
Home Banking Free 12 No free requests. No such No such Chq free once a
requests per  upto 1L service service day,
month (Max :150/pickup, provided provided  Cash :- <2L: free
1/day)  1-2L :- once a day,
thereafter 200/pickup,  2-5 L : 250/call,
Cheque/DD :  2-3 L :-  5-10 L: 400/call,
75 per request 300/pickup  10-20 L 800/call,
Cash < 2 L : (CASH)  20-50 L:
200 per request 1100/call,
Cash 2- 5 L :  >50 L contact
66
400 per request Branch
Kotak Pro v/s Competition

67
 Kotak Pro v/s Competition
Features Kotak HDFC ICICI AXIS YES INDUS IND

Variant name Pro Trade Premium Business Business Indus Gold

Select Benefit
AQB 50 K 40 K 50 K 50 K AQB – 70K Metro / Urban -
or AQT - 30 50K; Semi
lacs Urban / Rural-
25K
Active Money Yes No No No No No

Cash deposit Free upto 5 Rs.5 lacs per 5 L free per '@12 times 20 L per 6 L free per
charges times of prev month or month AMB (Min month Month
month’s 40transactions thereafter Rs. 6 lac & thereafter thereafter 3 per
average which ever is 6/1000 + Max Rs. 30 3per 1000 1000
credit balance lower thereafter Packet: lacs)therea (Min Rs.50)
or 5 L Rs.3/- per Rs.30/100 fter 3 per
whichever is Rs.1,000/-, Notes of 1000
higher minimum same
thereafter 2.5 Rs.50/- per denominatio
per 1000 transaction n; Loose
Notes: Rs.
0.50/note, if
in parts,,
Min Rs.
50/txn 68
 Kotak Pro v/s Competition
Features Kotak HDFC ICICI AXIS YES INDUS IND

Cash Unlimited Free 50 K per Free 50 K Free 6 L Unlimite Unlimited

withdrawal day per day per d
(non home thereafter thereafter month
branch – Rs.2/1000, Rs.2/1000, thereaft
home city) min Rs. 50/- min Rs. er 3 per
per 50/- per 1000
transaction transaction
(Only for
incremental
amount)
Outward 3 Free per month No free No free No free No free No free limit.Rs.50
Cheque thereafter limit.Rs.100 limit.Rs.10 limit.Rs. limit.Rs. per cheque
Return - Rs.100 per per cheque 0per 100per 100per
Local cheque cheque cheque cheque
Home 8 p.m. (Max 1 upto 1L :- No such No such No such  Chq 50/call,
Banking request per 150/pickup, service service service  Cash :- <2L:
day)Cheque/DD 1-2L :- provided provided provided 150/call,
: 75 per request 200/pickup,  2-5 L : 250/call,
Cash < 2 L : 200 2-3 L :-  5-10 L: 400/call,
per request 300/pickup  10-20 L 800/call,
Cash 2- 5 L : (CASH)  20-50 L: 1100/call,
400 per request  >50 L contact
+ registration fee Branch
69
250 p .a
Kotak Edge v/s Competition

70
 Kotak Edge v/s Competition
Features Kotak HDFC ICICI AXIS YES INDUS IND

Variant name Edge Premium Classic Business Business Indus Silver

Advantage Growth
AQB 25K 25K 25K 25K AQB – 30K Metro / Urban -
or AQT - 15 25K; Semi
lacs Urban / Rural-
12.5K
Active Money Yes No No No No No

Cash deposit Free upto 5 Rs.3 lacs per 2.5 L free Free 3 L 10 L per 3 L free per
charges times of prev month or 25 per month per month month Month
month’s transactions thereafter thereafter 3 thereafter thereafter 3 per
average which ever is 6/1000 + per 1000 3 per 1000 1000
credit balance lower thereafter Packet: (Min Rs.50)
or 4 L Rs.3/- per Rs.40/100
whichever is Rs.1,000/-, Notes of
higher minimum same
thereafter 2.5 Rs.50/- per denominatio
per 1000 transaction n; Loose
Notes: Rs.
0.60/note, if
in parts,,
Min Rs.
50/txn 71
 Kotak Edge v/s Competition
Features Kotak HDFC ICICI AXIS YES INDUS IND

Cash Unlimited Free 25 K per Free 50 K Free 3 L Unlimited Unlimited

withdrawal day thereafter per day per
(home branch Rs.2/1000, thereafter month
location– min Rs. 50/- Rs.2/1000, thereafte
home city) per min Rs. r 3 per
transaction 50/- per 1000
(Only for transaction
incremental
amount)
Cash deposit Free 50K per No free limit. No free No free Combine Free 1 L per month
- At Non month 3.5/1000 limit. limit. d cash thereafter 4 per 1000
Home Branch thereafter Min 50 6/1000 + 3/1000 deposit
Location 4.5/1000 Packet: limit at
Min 50 per txn Rs.40/100 home
Notes of branch of
same 50K per
denominati month
on; Loose
Notes: Rs.
0.60/note,
if in parts,,
Min Rs.
50/txn
72
Kotak Neo v/s Competition

73
 Kotak Neo v/s Competition
Features Kotak HDFC ICICI AXIS YES INDUS IND

Variant name Neo Regular Standard Normal Business Indus Blue

Current Value
Account
AQB 10K 10K 10K 10K AQB – 10K Metro / Urban -
or AQT - 15 10K; Semi
lacs Urban / Rural-
5K
Active Money Yes No No No No No

Cash deposit Free 2 L per Rs.2 Lac p.m. 1 L free per Free 2 L 2 L per 2 L free per
charges month or 25 month per month month Month
thereafter 2.5 transactions thereafter thereafter 3 thereafter thereafter 3 per
per 1000 which ever is 6/1000 + per 1000 3 per 1000 1000
lower thereafter Packet: (Min Rs.50
Rs.3/- per Rs.40/100 per txn)
Rs.1,000/-, Notes of
minimum same
Rs.50/- per denominatio
transaction n; Loose
Notes: Rs.
0.60/note, if
in parts, Min
Rs. 50/txn 74
 Kotak Neo v/s Competition
Features Kotak HDFC ICICI AXIS YES INDUS IND

Cash 20K p.m. No free limit. No free No free Combine 1 L per month
withdrawal thereafter 3.50/1000, limit. limit. 3 d cash thereafter 4 per 1000
(non home 4.5/1000 Min 50 per 6/1000 + per1000 deposit
branch Min 50 per txn txn Packet: limit at
location) Rs.40/100 home
Notes of branch of
same 2 L per
denominati month
on; Loose
Notes: Rs.
0.60/note,
if in parts,,
Min Rs.
50/txn

75
Workbook Time

Page 17 , Learner Workbook

Thank you