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Kotak Mahindra BankSavings account

Kotak Mahindra Bank Junior Savings Account

Kotak's resident-minor Junior Savings Account with a personalised debit card for eligible older minors, variant-based AMB treatment and a ₹5,000 child debit-card limit.

First-party evidencePublished researchReviewed September 9, 2026Active
Open primary bank source ↗Bank dossierCompare alternatives
Balance / relationshipAMB requirement follows the Savings Account variant selected for Junior; qualifying RD/SIP standing-instruction conditions can affect maintenance-charge treatment under current terms.
Cost / chargesAverage Monthly Balance is determined by the selected underlying Savings Account variant; current Junior material also describes RD/SIP-based maintenance-charge waiver conditions.
Limits / allowancesFor juniors above 10, Kotak currently states a ₹5,000 limit for both ATM and POS on the Junior Savings Account debit card.
Ongoing relationship ruleKotak identifies a personalised Junior debit card but does not identify a sufficiently exact standalone named card variant on the reviewed page, so no named-card edge is invented.
Research processPublished by bankingreference.info

Structured from first-party bank/issuer evidence. This page does not claim personal hands-on product use unless that experience is explicitly stated.

1 first-party source
Last checkedSeptember 9, 2026

Recorded source review date, not a claim that the product changed that day.

Maintenance stateWithin scheduled review window

Target recheck: January 7, 2027.

Critical decision facts

Start with the ongoing account relationship, then price the access layer.

Balance or salary conditions, charges, allowances and downgrade rules can matter more than a promotional benefit.

01 · Balance / relationshipAMB requirement follows the Savings Account variant selected for Junior; qualifying RD/SIP standing-instruction conditions can affect maintenance-charge treatment under current terms.
02 · Cost / chargesAverage Monthly Balance is determined by the selected underlying Savings Account variant; current Junior material also describes RD/SIP-based maintenance-charge waiver conditions.
03 · Limits / allowancesFor juniors above 10, Kotak currently states a ₹5,000 limit for both ATM and POS on the Junior Savings Account debit card.
04 · Ongoing relationship ruleKotak identifies a personalised Junior debit card but does not identify a sufficiently exact standalone named card variant on the reviewed page, so no named-card edge is invented.
Maintained terms

Fees, balances, benefits, limits and eligibility without a single-score shortcut.

These six fields are the cross-product layer. The specialist section above controls whenever a type-specific field is more precise.

Cost / chargesAverage Monthly Balance is determined by the selected underlying Savings Account variant; current Junior material also describes RD/SIP-based maintenance-charge waiver conditions.
Balance / relationshipAMB requirement follows the Savings Account variant selected for Junior; qualifying RD/SIP standing-instruction conditions can affect maintenance-charge treatment under current terms.
Core benefitsPersonalised debit card, cheque book, junior offers/events and recurring-investment/savings options under the current Junior proposition.
Limits / allowancesFor juniors above 10, Kotak currently states a ₹5,000 limit for both ATM and POS on the Junior Savings Account debit card.
EligibilityChild below 18, resident minor; guardian may be resident or NRI under current Kotak Junior eligibility.
Ongoing relationship ruleKotak identifies a personalised Junior debit card but does not identify a sufficiently exact standalone named card variant on the reviewed page, so no named-card edge is invented.
Fit & cautions

Who this record appears designed for—and what can break the fit.

Best-fit wording summarizes the published proposition. It is not individualized financial advice or an approval prediction.

Potential fit

Families that want a Kotak minor account and can evaluate the underlying savings-account variant and any RD/SIP-linked fee-waiver conditions rather than assuming one universal zero-balance structure.

Verify before relying
  • Junior is not one universal zero-balance proposition because AMB follows the chosen savings variant.
  • RD/SIP-based waiver economics depend on the standing instruction remaining eligible/active.
  • The ₹5,000 card limit applies to eligible juniors above 10.
Maintained comparisons

Compare this product only where the pair is deliberately maintained.

Both sides keep independent review dates, exact conditions and first-party evidence. No winner score is generated.

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First-party source ledger

Complete evidence set for this maintained profile.

Each source remains independent. A product page, tariff, KFS/MITC, rate schedule or programme document is not silently treated as interchangeable evidence.

01
Primary product / service sourcewww.kotak.com
Open source ↗
Current-use rule

When the bank changes a term after the recorded review, the current agreement, tariff, KFS/MITC or effective rate table controls.

Research boundary

This page organizes dated public evidence; it does not guarantee eligibility, availability, approval, service quality or future pricing.