"As we approach the first anniversary of 8th November 2016, we are launching a campaign to celebrate a generation of Indians across various walks of life who aspire to #DreamDifferent, live fearlessly and expand their horizons beyond the conventional and established norms. 811 changed the way Indians bank by making the process to open a bank account seamless and simple," said Ambuj Chandna, senior EVP & head-retail liabilities, investment and payment products at Kotak Mahindra Bank.
"811 has revolutionised the process of opening a bank account by reducing the time taken to under 5 minutes. We are seeing 811 accounts being opened across all hours of the day, including past midnight. What's more, customers earn up to 6 per cent p.a. interest rate on their savings account balances, which is 2.5 per cent p.a. more than what most other banks offer," Mr Chandna further said.
The virtual debit card that comes free upon opening an 811 account will also embody the same design, according to Kotak Mahindra Bank.
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