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 & more rewarding as you can receive banking account updates through Twitter, do Free Funds transfer through NEFT/IMPS online and adding friends to your Jifi network.
|Particulars||Jifi Neo||Jifi Saver||Jifi Pro||Jifi|
|Minimum Balance Requirement||No Minimum Balance||INR 10,000||INR 20,000||No Minimum Balance|
|Interest rates offered||Earn up to 6% p.a. interest on savings account balance over Rs. 1 lakh and up to Rs. 5 crs. Earn 5% p.a. interest on savings account balance up toRs. 1 lakh and 5.5% p.a. interest on savings account balance above Rs. 5 crs.||Earn up to 6% p.a. interest on savings account balance over Rs. 1 lakh and up to Rs. 5 crs. Earn 5% p.a. interest on savings account balance up toRs. 1 lakh and 5.5% p.a. interest on savings account balance above Rs. 5 crs.||Earn up to 6% p.a. interest on savings account balance over Rs. 1 lakh and up to Rs. 5 crs. Earn 5% p.a. interest on savings account balance up toRs. 1 lakh and 5.5% p.a. interest on savings account balance above Rs. 5 crs.||NIL|
|Eligibility||Resident Indian Individuals||Resident Indian Individuals||Resident Indian Individuals||Resident Indian Individuals|
JIFI Neo:JIFI Neo account does not require any minimum balance to be maintained. However, as a part of the activation and the verification process, funding the account with minimum amount of Rs.5, 000 is required, which you can later utilize for online transactions or any other banking needs.
JIFI Saver :It comes with a minimum balance requirement of Rs. 10,000. The balances you maintain earn you up to 6% p.a. interest on balance over Rs. 1 lakh and up to Rs. 5 crs. Earn 5% p.a. interest on balance up to Rs. 1 lakh and 5.5% p.a. interest on balance above Rs. 5 crs.
JIFI Pro : It comes with a minimum balance requirement of Rs. 20,000. The balances you maintain earn you up to 6% p.a. interest on balance over Rs. 1 lakh and up to Rs. 5 crs. Earn 5% p.a. interest on balance up to Rs. 1 lakh and 5.5% p.a. interest on balance above Rs. 5 crs.
JIFI : JIFI account does not require any minimum balance to be maintained. However, as a part of the activation and the verification process, funding the account with minimum amount of Rs.10, 000 is required, which you can later utilize for online transactions or any other banking needs.
To know about the complete charges click here
It surely is an effortless process. You can fund your account online through Net Banking or a Debit Card transaction from your other bank account(s) or handover a cheque to our executive at the time of account opening.
As a part of the activation and the verification process, funding the account with minimum amount, which you can later utilize for online transactions or any other banking needs.Below are the product vise minimum amount to be funded: Jifi Neo: Rs 5,000 Jifi: NIL
JIFI Neo/Saver/Pro Yes, these accounts offer you interest on the daily balances maintained in the account. The rate of interest offered is
Yes. These accounts do offer both online and offline funds transfer facility through NEFT/IMPS/RTGS Funds transfer online using NEFT/IMPS/RTGS is absolutely free of cost. For offline charges you can refer the fees and charges (link)
To know about the complete charges and fees related to all the JIFI account variants click here
Simply sign-up with your email from the option available on the home page for each Jifi Variant and complete the online application process to get started.
Once you have filled the online application form, our representative would visit you for completion of documentation formalities. Once that is done, your account would get active within the next 7-10 working days.
You need to submit two set of documents.
The Jifi Transaction rewards program is currently available for the following Jifi Variants:Jifi Pro and Jifi
Hashtag Banking lets you enjoy instant updates of your bank account through your personalised Twitter handle.
Rest assured, every tweet request you send will access your Jifi account details that are safely stored on a highly secured virtual location. After getting the respective information, you will receive a DM (direct message) on your personalised Twitter handle (and not the public domain) with the requested details. In case you have any concern, we are just a tweet, call or post away.
Response is sent from the @kotaksync handle which is automated, with no manual intervention.
Rest assured, no one can see your transaction details on Twitter. We send you the requested details via a DM (direct message) on your personalised Twitter handle which is visible to you only.
After activating your Jifi/Jifi Saverbank account, you need to connect your Twitter account through the Jifi dashboard. (Login to www.kotakjifi.com with your credentials and click on the “Hashtag banking” tab. Once, your Twitter account is authenticated, you can tweet to get your bank account details from anywhere, anytime.
Alternatively, you can log visit the Kotak Bank website
Any Jifi/Jifi Saver account holder who has a Twitter account is eligible.
It's easy, just tweet to '@KotakBank Ltd' with the corresponding hashtag for your request (Click here for a list of all available hashtags) and we (@kotaksync) will almost immediately send you a DM (Direct Message) to your personalised twitter handle. Don't forget to follow @kotaksync to enable this feature.
There’s a plethora of things you can do with this. A tweet is all it takes to get an instant and secure update on your account balance, transaction history, cheque book request, Net Banking PIN request and many more account activities.
What’s more, a tweet is all to takes to recharge your mobile or DTH balance.
Don’t panic, login to www.kotakjifi.com go to Hashtag banking section and deregister your Twitter account.
You will find all your hashtags here.
Tweet the following to @KotakBankLtd to enable recharge:
Click here for details on mobile & DTH operator codes.
You can easily refer your friends through Facebook or by sharing a unique email link. All you need to do is send them an invite by clicking on the ‘Refer Friends’ button on your Jifi dashboard.
The referral rewards start from the time you refer your friends to Jifi, till their account is opened. In case your friend does not open the JIFI account, you are still eligible to redeem the social points earned.
Each successful referral who opens a Jifi account would be eligible for 1,000 transaction points, capped to a maximum of 25 such successful referrals in a year.
If your friend uses the Email link from you to get her Jifi account, only then you will get reward points for the successful referral. So make sure your friend uses your invitation.
Too bad, if your friend decides to invite herself without using your referral link, then you will not receive any social or transaction points.
We appreciate that you have invited your friend to Jifi network. But if you are unable to find him in your list then it is possible that your friend may have not used the referral link provided by you, to invite herself to Jifi. Do share the details of your reference with us and we will get back to you.
It’s simple, the person whose email referral link is clicked to get a Jifi account, will get the reward points.
Loyalty Rewards entitle you to earn social and transaction points, which can then be redeemed for a host of lifestyle, shopping and dining offers.
Apart from inviting your friends to your Jifi Circle, your social activities are also rewarded, which includes liking and commenting on Kotak Jifi and Kotak Bank Facebook pages.
Every transaction point is worth Rs. 0.25. Several of these once accumulated can be redeemed for a host of exciting offers available on the KotakJifi dashboard (after logging). You can earn these points by the following ways:
Once you have accumulated social points, you can redeem them for a host of discount vouchers on lifestyle products & services, movies and more, which you check out on the ‘redeem tab’ on your Jifi dashboard.
All your accumulated transaction points can be redeemed for exciting gift vouchers of equivalent cash value.
All you need to do is log in to your Jifi dashboard and navigate to the redemption page to avail them.
Totally depends on how social you are. The more number of friends you add, or the more you interact with us on Facebook, the more social points you earn.
Yes, the comments that you post on Facebook needs to be atleast of 20 characters without any tags and just one comment per post will be considered for reward points.
Simply select the "Savings account" option to withdraw cash from an ATM in case of a Jifi Pro or Jifi Saver account and the “Current account” option in case of the Jifi Account.
With the privileged Platinum Chip Debit Card you can withdraw a maximum of Rs.50,000 at an ATM, daily.
Go on a shopping spree with a daily purchase limit of Rs.2 Lakhs.
No, you can’t, as JIFI comes with its exclusive Platinum Debit card which is not linked to any other Kotak bank account. Similarly, your Jifi Platinum Chip Card can be used for transactions on Jifi accounts only (Jifi & Jifi Saver variants). The card cannot be linked to any other Kotak account.
Opt for one of the following ways:
The Bank will charge cross currency markup of 3.5% on foreign currency transactions carried out on Debit Cards. The exchange rate used will be the VISA wholesale exchange rate prevailing at the time of transaction.
If you happen to lose your Kotak Platinum Debit Card, don’t panic, simply call Visa Global Customer Assistance (GCAS); this service is available to our Kotak Platinum Debit Card customers almost anywhere in the world. For a nominal cost, you can request a new card which can be delivered to you at the earliest. To know Visa GCAS numbers, visitwww.visa.com
All you need to do is use your card with your ATM PIN to shop on online shopping portals.
To signup, inviteFacebook or Email