Kotak Mahindra Bank I Startup Current Account

Introducing the
Kotak Startup Current Account
custom designed for budding entrepreneurs.
Needs/Requirements of Startups

Returns on
funding

Find optimum
solution
Payment CA / Taxation
Solutions services

Salary Advisory
Accounts Start-up services
for Co. registration
employees Needs & Paper work

Office Payroll
Space Processing

Accounting
Software
Target Segments

• Example : Marketplace like

flipkart,bigbasket etc.
• Netmeds (Pharma) , Ola / Uber
(Aggregator) , Pickol (Logistics /
ITES (All sector / Industries Transportation)
intending to involve
IT as a platform)

Manufacturing

Other Product / service

industry which are
not IT enabled
Opportunity of Product

Govt of India focus

on Startup’s

Startup ecosystem
developing rapidly
in India

High end Incubators

helping to generate
tomorrow’s Unicorns
Startup Variants

success

IDEA strategy

STARTUP REGULAR STARTUP PREMIUM

Scheme code : CASTR Scheme code : CASTP

• AQB : 50k • AQB : 1 L

• ActivMoney threshold : 5 Lacs • ActivMoney threshold : 10 Lacs

• NIL Charges on 8 Home Banking • NIL Charges on 24 Home Banking

On-call request On-call request

• NIL charges* on CMS Payment

NetIT Module subject to standard
transaction charges
*Applicable only if the customer is maintaining AQB
Features/Benefit

Account level features : Value added services :

No Balance commitment for First 12 Months

Higher monthly Home Banking limit

Customized payment & collection solutions to

suit your business model

Salary solutions for employees

Special Forex pricing

Unique Payment services & POS/QR

 Unique Salient Proposition – Value Added Services

Brings you a host of value added services through empanelled agencies of the Bank as listed
below

End to End Business Workplace Solutions Tax Matters Travel Services

Solutions

Digital Media Solutions Media Solutions Advisory Services*

*Business Setup & Registration | Assistance in relation to accounting requirements | Income Tax returns | Tax audit etc.
Note : These services are provided by the empanelled agencies / consultants / service providers and not offered by the Bank
directly. Services will be provided to only Kotak Current Account customers and the charges related to the same should be
paid directly to the agencies / service providers / consultants empanelled by the Bank
Requirements

Mandatory Requirements for Product

• Startup Product cannot be offered to the

firm / company having more than 2 years old
registration date.
• 2 Years will be considered on the Month of
account opening.
• IP will be as per product variant

Eligible Customers

• Sole Proprietorship Firm

• Partnership Firm
• Limited Liability Partnership Firm
• Pvt LTD / LTD Companies