How to close Kotak Mahindra Bank account Online

Kotak Mahindra Bank (कोटक महिंद्रा बैंक) is a well-known Indian bank. You may have an account with such a bank. However, even if it is a reputable bank, you can close the Kotak Mahindra Bank account whenever you want. Here we will talk about ‘How to close Kotak Mahindra Bank account.’ Many individuals are looking for information about this on the internet, but there isn’t much. So, first and foremost, let me inform you that there is no online method for closing a bank account. Though you can start an account online using Aadhaar and PAN, you must visit a bank branch to close the Kotak Mahindra bank account . You can obtain the closure application form from the link provided below. 

How to close kotak mahindra bank account

We will also give application formats that will assist you in writing your application. So, read the entire post to learn more about Closing a Kotak Mahindra Bank account.

ArticleKotak Mahindra Bank Account Closing Form
BankKotak Mahindra Bank
BeneficiaryKotak Mahindra Bank Customers
LanguageEnglish
Form PDF DownloadDownload Here

Nonetheless, there could be a variety of reasons to close a bank Savings Account, including:

  • Lower rate of interest
  • Unsatisfactory Customer Service
  • Bank is not providing Online Services properly
  • Higher Fees & Charges on Financial Transactions
  • Maintenance of higher Minimum Account Balance required
  • Having Multiple Bank Accounts
  • Bad Relationship with Bank Staff

Note that at the outset that there is no such thing as closing Kotak Mahindra Bank account online. To physically close your account, you should always go to your local or the nearest bank location. Alternatively, you can use online assistance to get the forms needed to close your account.

How To Close Kotak Mahindra Bank Account Online

The process to close Kotak Mahindra bank account.

If you have decided to close Kotak account, there are some procedures you must take. First, let’s take a close look at the stages listed below:

The process to close Kotak Mahindra bank account.

Step 1: 
To close Kotak Mahindra bank account, you must submit a specified account closure form. Go to http://www.kotak.com/account-closure-form or receive it from a branch to download the form.

Step 2:
Fill the account closure form correctly: The account holder must complete the form without making a single mistake. In the closure form, you must include the following information.

  • Name of the account holder
  • The account number you’d like to close
  • Your mobile phone number
  • You must explain how you expect to obtain the remaining funds from the bank. You have the option of paying with cash, a check, a DD, or transferring the funds to another account.

Step 3:
To the account closure form, all account holders must attach a copy of KYC documents, such as a copy of PAN, which also serves as your proof of identity, and a proof of address. Account-holders may be requested to self-attest these papers as well.

  • The account holder’s signature must be on the correct place.

Step 4:
Hand over your debit card, passbook, and chequebook: The Kotak Mahindra Bank debit card, passbook, and cheque, as well as the closure form, must be surrendered.

Important Note: If your account balance is less than the minimum level required to keep your account open, you will transfer that amount. However, if the account balance falls below zero, the bank will charge a non-maintenance fee.

Step 5:
Address proof is required. You should keep an address proof in the pharmacy hand if the branch where you have your account asks for it.

If you have a good reason for closing the bank account, you may proceed. However, if there are no such grounds and you are closing it simply for the sake of ending it, you can reconsider.

Points to keep in mind before closing your Kotak Mahindra bank account

Before you close your account, there are a few things you should think about. Things to keep in mind are:

  • If you close Kotak Mahindra Bank account, you will never create another account with KMB.
  • Before the account is closed, the balance in your Kotak account must be zero.
  • You may owe money to the bank (penalties/due payments), and you must first discharge those debts. Following that, you close your Kotak Mahindra Bank account.
  • It is prudent to receive a complete bank statement before closing your account. In addition, this bank statement may be needed in the future.

How to Write Application Letter About Closing of Account

First, take an A4 sheet of white paper. First, fold 1 cm (10mm) from the top and 1 cm (10mm) on the left side of the paper. Then, as seen below, begin writing the application.

To
The Branch Manager
Kotak Mahindra Bank (Branch Name)
Bhopal, MP.

Subject: Request to Close Kotak Mahindra Bank Account No.- ____________.

Dear Sir/Madam,

Mr./Miss XYZ, residing at [address], have a bank account with Kotak Mahindra Bank with account number xxx-xxx-xxx-xxx. I’m writing today because I’d like to close the account with the account mentioned above number.

I am closing the bank account as I cannot utilize it because I have created a new account with another bank. I have already transferred all my funds from the old account to my new account, with only the minimum balance remaining.

As a result, I am willing to close this account, and I would appreciate it if you could fulfill my request and close this bank account as soon as possible.

Thanking You
Yours Faithfully,
(Name and Signature with Date)
Account No.- xxx-xxx-xxx-xxx

Note: If you have an ATM card or a cheque book, please attach them as well.
If you want to close your ICICI bank account, you can check How To Close your ICICI Bank Account Online.

How to Close Kotak 811 Account Online ?

How do I close my Kotak 811 account?
We have some good news for you if you would like to close your Kotak 811 Account. The good news is that you can close your Kotak account online rather quickly. In this article, we will cover how to close a Kotak 811 account online.
Withdraw the remaining balance from your Kotak 811 account
Ensure that you have withdrawn all funds from your Kotak 811 account before closing your account. You may also transfer your entire balance to another account via UPI, NEFT, RTGS, or IMPS.
Download the Kotak 811 Account Closer Form
You may also download a copy of the Account closure form from the official Kotak website and submit it to your local branch. For a copy of the Kotak 811 account closure form, please click here.
Fill out the Kotak 811 Account Closer Form
Visit your nearest branch after you have cleared your account balance and obtain the account closure form, filling it in with the correct details.
Please attach your KYC documents.
The Kotak 811 Account Closure Form requires account holders to attach a copy of KYC documents, such as a copy of their PAN, which serves as proof of identity as well as proof of address. These documents may also need to be self-attested by the account holder.
Submit balance checks, debit cards, and passbooks
Submit the form to the bank executive along with your debit card, your passbook, and your checkbook. It is important to bring ID proof with you since the executive may ask for it.
Collect Receipt for Kotak 811 Account Closure Request
If you submit the account closure form and the other documents required to close your bank account, you will receive a copy of the acknowledgment, and your Kotak 811 account will be closed within 10 business days.

How can I close Kotak Mahindra account online?

It is not permissible to close the Kotak Mahindra account online. You must fill out a form and submit it to the firm to close your account. There are no fees associated with closing the account. However, the account can take seven days to get close.

How to close Kotak demat account?

Demat accounts are now required for all investors who trade in the stock market. You can have up to five Demat accounts. These accounts have their annual fees and maintenance expenses. As a result, investors should close any zero balance or inactive Demat accounts they may have.

You can start a Demat account online, but closing one is an entirely separate process. Follow the process given below to close the Demat account:

  1. To begin, you will require a closing form. It is available for download online.
  2. Fill out the details in the form and submit it with your Know Your Customer KYC documentation. These include identification and address proofs. 
  3. Now submit the form with the supporting documentation to the nearest DP branch. You could also forward them to the DP’s office.

Close Kotak Mahindra Salary Account

It is easy to close Kotak Mahindra salary account, but you also have to visit the Kotak branch in this case.

1. First, download the account closure form online and take a printout.
2. In case of any dues or outstanding fees, you have to keep that amount ready.
3. Sign the form.
4. Visit the bank branch and ask the account manager or the PR person for the preceding actions.

Close Kotak Mahindra Bank Account Savings Account

To close your Savings Account, please call the bank Customer Experience Centre at 1860 266 2666 (local call rates apply) or visit your nearest Kotak Mahindra branch.

A bank account is required for various reasons, including serving as official address proof. A bank account statement is also required for a credit card or loan approval. As a result, you should rethink before closing your account. 

FAQs

Can I Close Kotak Mahindra Bank Account Online?

Currently, there is no way to close your Kotak Mahindra Bank account online. You should always go to your local bank location to close your account physically. Alternatively, you can use online assistance to get the forms needed to close your account.

How Can I Close My Kotak Bank Account?

Please follow the above guide, and if you face any issue, don’t hesitate to contact the Customer Experience Centre at 1860 266 2666 or visit your nearest branch to terminate your Savings Account.

Are There Any Charges to Close Kotak Mahindra Bank Account?

You will be charged 1200 INR if you close your Kotak Mahindra bank account after one month & before six months of account opening. Note that – All charges are subject to change with a 30-day notice to account holders.

How Can I Get/Recover the CRN Number of the Kotak 811 Account?

To get/ recover the CRN Number of the Kotak 811 account, SMS CRN to 9971056767. For example, type CRN and send it to 9971056767, and you will receive an SMS with your CRN.

How to Close My Kotak 811 Account Online?

Unfortunately, you cannot close your Kotak account online; instead, you must visit a nearby branch to complete your Kotak 811 account online.

How Many Days Does It take to Close Kotak Mahindra Bank Account?

Once you submit the closure form and the necessary documentation, The account is closed within 7–10 working days.

How Can I Know Kotak 811 Bank Account Details?

– To know the Kotak Mahindra 811 Bank account details log in to Kotak 811 app using CRN and MPIN.
– Next, click on 811.
– Now, you can get the bank account number and IFSC code.

What is Kotak 811 Lite Account Limit?

The account balance cannot exceed Rs 10,000 at any time. As a result, full KYC must be completed within 12 months after account opening.

Conclusion

So this post was about “How to Close Kotak Mahindra Bank Account.” We will explain all you need to know about closing your Kotak Bank account. However, if you have any queries about any of the points, please leave them in the comments section, and we will willingly answer them. You can also contact Kotak Bank customer service for further information.

63 thoughts on “How to close Kotak Mahindra Bank account Online

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  1. I want to close my account
    I don’t need this account so please close my account permanently

  2. Please close my account Mujhe is account ki koi jarurat nahin hai isliye Mera account please close kar dijiye

  3. I already changed my savings account to zero balance account still my maintained balance is getting deducted

  4. Iam going to other states and other account on online this mobile number active please close my account thenku

  5. I want close my zero balance account because I will go the other state so please how can apply closing account.

  6. Mere pass dusra bank account hai mai kotak mahindra bank account number close karna chahta hu

  7. Mere paas na to account ki copy hai na to credit Card hai na to ATM card hai na to debit Card hai isliye main apna account close karvata hun

  8. अकाउंट का मेरे पास कूछ पुरुफ नही हे , डेबिट कार्ड नहीं
    पास बुक ,
    भी नाही अड्रेस भी गलत है इस लिये account close करणे का है.

  9. The branch manager
    Kotak Mahindra bank 811 Account
    Saving account
    Dear sir
    I am not interested in Kotak 811 account
    Please close my account sir my account number my account number 7946700612 CRM Number 579961904
    Kindly I request close my account please sir

    Thank you

    Yours faithful
    J Vijaykumar

  10. Dear
    Sir
    I request you sir please close my kotak bank accounta/C no.5446648441 in I’m interest your bank but worngli open your bank

    sir please closed my a/C crn no
    554269143
    Thank you
    Sakirhussan

  11. Dear
    Sir
    I request you sir please close my selary a/C no.5446648441 in I’m interest your bank but worngli open your bank

    sir please argently closed my a/C crn no
    554269143
    Thank you
    Sakirhussan

  12. To
    The Branch manager
    Kotak Mahindra Bank ( Defence Colony )
    New delhi 110024
    Subject:- Request to close Kotak Mahindra Bank
    Dear, Sir/Madam
    Miss Megh Rani Residing at ( H no. 261 kaila Kailash Nagar Ghaziabad 201009
    I am closing the bank account as I As a result,I am willing to close bank account
    Thanking you
    Yours Faithfully
    Name Megha Rani
    Account No.- 2411999928

  13. Hello Kotak Mahindra Bank account online may Account close request please okay mobile number 9586519648 year please no not message Sell ok request Diactivite kare please delete kare unsubscribe unfollow kare please request prosecing kare request
    Logout kare

  14. करने के लिए
    शाखा प्रबंधक
    कोटक महिंद्रा बैंक
    विषय को बंद करने की बचत बैंक ए / सी नहीं-4746451676
    प्रिय महोदय
    उपरोक्त विषय कृपया ध्यान दें कि मैं तुम्हारे साथ एक बैंक खाता बंद कर दिया है बचत के संदर्भ में बैंक एक / सी नहीं-0000811 मोबिन अब हमें इसकी आवश्यकता नहीं है a/C

    तो कृपया इस बैंक खाते को बंद करें और उपकृत करें।

    आपको धन्यवाद
    भवदीय
    मोबिन

  15. dear
    sir
    i request you sir please close my salary a/c no-4346936382 in i am not intrest your bank but worngli open your bank .

    sir please argently closed my a/c crn no 543766239 closed my a/c

    Thanking you
    Anurag pathak

  16. То
    Вrаnсh Маnаgеr
    Коtаk Маhіndrа bаnk
    Ѕubјесt-сlоѕіng ѕаvіng bаnk А/С nо-4346936382
    Dеаr Ѕіr
    Wіth rеfеrеnсе tо thе аbоvе ѕubјесt рlеаѕе nоtе thаt І hаvе сlоѕеd а bаnk ассоunt wіth уоu ѕаvіng bаnk а/С nо- 4346936382 іn thе nаmе оf anurag pathak. Nоw wе hаvе nо lоngеr rеquіrеd fоr thіѕ а/С

    Ѕо kіndlу сlоѕе thіѕ Ваnk а/С аnd оblіgе. argentaly

    Тhаnkіng уоu
    anurag pathak

    ReplySir please my kotak mahindra bank my crn no 543766239 sir closed my a/c

    1. dear
      sir
      i request you sir please close my salary a/c no-4346936382 in i am not intrest your bank but worngli open your bank .

      sir please argently closed my a/c crn no 543766239 closed my a/c

      Thanking you
      Anurag pathak

  17. То
    Вrаnсh Маnаgеr
    Коtаk Маhіndrа bаnk
    Ѕubјесt-сlоѕіng ѕаvіng bаnk А/С nо-5345058600
    Dеаr Ѕіr
    Wіth rеfеrеnсе tо thе аbоvе ѕubјесt рlеаѕе nоtе thаt І hаvе сlоѕеd а bаnk ассоunt wіth уоu ѕаvіng bаnk а/С nо-5345058600 іn thе nаmе оf Bhupendra kumar sahu. Nоw wе hаvе nо lоngеr rеquіrеd fоr thіѕ а/С

    Ѕо kіndlу сlоѕе thіѕ Ваnk а/С аnd оblіgе.

    Тhаnkіng уоu
    Bhupendra kumar sahu

  18. To
    Branch Manager
    Kotak Mahindra bank
    Subject-closing saving bank A/C no-6313005282
    Dear Sir
    With reference to the above subject please note that I have closed a bank account with you saving bank a/C no-8767868 in the name of Aditi Jamshed Mann. Now we have no longer required for this a/C

    So kindly close this Bank a/C and oblige.

    Thanking you
    Yours sincerely
    Aditi Jamshed Mann