https://www.taxtmi.com/news?id=38374 Kotak811's app provides digital onboarding for a zero-balance savings account with biometric and encryption security and supports transactional services. The ActivMoney auto-sweep facility automatically transfers funds above a preset threshold into term deposits for a defined tenure, operates subject to minimum thresholds and denomination requirements, applies the savings-account nomination to created term deposits, precludes linking standalone fixed deposits to enrolled accounts, and remains subject to the bank's discretion to suspend services and to applicable fixed-deposit terms and conditions. en-us Mon, 24 Mar 2025 17:46:03 +0530 Mon, 24 Mar 2025 17:46:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=38374 Kotak811's app provides digital onboarding for a zero-balance savings account with biometric and encryption security and supports transactional services. The ActivMoney auto-sweep facility automatically transfers funds above a preset threshold into term deposits for a defined tenure, operates subject to minimum thresholds and denomination requirements, applies the savings-account nomination to created term deposits, precludes linking standalone fixed deposits to enrolled accounts, and remains subject to the bank's discretion to suspend services and to applicable fixed-deposit terms and conditions. News - Mon, 24 Mar 2025 17:46:03 +0530 https://www.taxtmi.com/news?id=38374