Now the banking goes social with Kotak Jifi. sign up using facebook

                                        

Kotak Mahindra Bank has launched Jifi, a fully-integrated social bank account with youth as the target segment. Jifi transcends digital banking by seamlessly incorporating social networking platforms such as Twitter and Facebook with mainstream banking, the bank said.

Jifi is a zero-interest current account with no minimum balance conditions, and can be opened with an initial payment of Rs 5,000. All balances over Rs 25,000 automatically move into term deposits at applicable interest rates.


Jifi is a new age digital account that offers unparalleled convenience. Easy & anytime access, hassle-free transactions and numerous benefits, that is what Jifi is all about. What’s more, banking is now social with it as you receive banking account updates through Twitter, gain reward points for transacting online and adding friends to your Jifi network.

                                          

Features and Benefits

1. No minimum balance, non interest bearing current account
2. Auto Term deposit creation once the average balance crosses Rs. 25,000/-
3. Tweet to bank - Account updates, cheque book request and many more account activities just a tweet away
4. Refer friends to Jifi and get rewarded
5. Loyalty Club - Social or Transaction get rewarded for both
6. Free Jifi Platinum Chip Debit Card for first year
7. Keep track of your expenses with a Kotak MoneyWatch platinum subscription for one year
8. Access to our Mobile Banking & Offers app, to bank on the go
9. Free NEFT through Net Banking

                        

Eligibility

To apply for Kotak Jifi account you need to be :

• Resident Indian (sole or joint account)
• Age - 18 years and above

Documentation checklist for resident individuals except foreign nationals

Document	Identity Proof	Residence Proof	Signature Proof
Passport
Driving License  Valid licence
PAN Card  (also refer notes below)
Voter's Identity Card (Election Card)
Ration Card
Valid ID Documents Card with Photo issued by Govt. Org, PSU, Statutory/ Regulatory Authority, Scheduled Commercial Banks, Public Financial Institutions & Professional Bodies like ICAI, ICWAI, ICSI, Bar Council, etc. to their Members.	(If photo included)	(If address included)	(If signature included)
College ID Card  Existing and valid card issued by colleges affiliated to universities. Applicable only if a/c with parent/guardian as Joint Holder.	(If photo included)	(If address included)	(If signature included)
Marriage Certificate  for married women (irrespective of primary or joint or single holder) and not acceptable for husband.	(If photo included)	(If address included) (Not to be accepted as address proof of a woman if the account is held singly by her)	(If signature included)
Introductory Reference  Customer's Banker except Cooperative Bank - to be obtained by KMBL - IP cheque mandatory from the same account.	(If photo verified)	(If address verified)	(If signature verified)
Utility Bill  Electricity / Telephone / Mobile / Piped Gas / Water bill / Broadband bill - Not more than 3 months old.
Letter from Housing Society  Only for owners with latest 2 months Maintenance bill.
Registered Leave & License Agreement  For Tenants
Bank Statement Active Account - signed & stamped or with logo / printed by Bank (internet downloads not accepted).
Bank Statement  Bank statement with watermark logo of the issuing bank without the stamp and signature of the authorised bank official, can be accepted if the bank branch address mentioned on the statement and the Self Signed Initial Payment cheque is same. Branch address on the statement preferably to be a printed one. In case of handwritten branch address, same to be signed and stamped by authorised bank official of the issuing bank.
Bank Account Passbook  Active accounts of schedule commercial banks only along with the bank seal/ stamp and signature of the bank official. (updated and not more than 3 months old)	(If photo verified by the issuing bank branch then Initial Payment mandatory from the same bank account)	(If address verified)
Sale Deed
Self-signed Cheque or Product AMB  (in case the cheque is from a co-operative bank a six month bank statement would also be required)
Wealth/ Income/ Sales/ Service Tax Assessment Order  Not more than 6 months old
Introductory reference from existing Kotak Bank customer For a No Frills Accounts, existing customer for more than 6 months - a/c conduct satisfactory & introducer knows new customer for 1 year or more
Postal Certificate	(If photo included)	(If address included)	(If signature included)

Please note the Documents are subject to change as per RBI Guidelines

Helpful Tips:

Points to note for a smooth account opening process at the branch:

1. Photocopies need to be self-attested by the applicant
2. Original document required for each photocopy submitted
3. Site verification report will be required for opening account
4. Form to be filled in CAPITAL LETTERS and BLACK ink only
5. Countersign any overwriting / alteration
6. Hint boxes give tips and highlight important points across the form, please read the same carefully
7. Appropriate boxes need to be ticked
8. Name needs to be written as it appears in the applicant's support documents
9. Address needs to be specified along with city, state & PIN code
10. Nomination facility is available
11. Cash not accepted as initial payment for account opening
12. Introductory reference from existing Kotak Bank customer of more than 6 months - account conduct satisfactory & introducer knows new customer for one year or more