Banking Accounts

Saving and Current Accounts:

• View account details , account activity
• Account details will be available to the customer like joint holder if any, account opening date, status of account (e.g- Active, blocked, dormant etc), mode of operation, account currency and account type.
• You can set a nickname for your account number
• Nominee details can be viewed only, if requested to be displayed.
• Customer can view a mini statement of the last 5 txns
• Lien Inquiry - You can view the lien (funds which are currently on hold) details and Lien summary.
• Cashless Deposits - View the details and status of cheques / Instruments deposited.
• View / Stop Cheque - You can view the status of the cheques like Paid, Unused and Stopped. You also have the option to stop single / Multiple Cheques.
• Temporary Overdraft (TOD) Inquiry - You can view Temporary Overdraft (TOD) details, if any. Details like Status of TOD, Grant date, expiry date of TOD, TOD amount, Interest rate and also the penal interest rate.

 

Term Deposit Accounts:

• Book your Term Deposit Online.
• You can now also do a pre mature withdrawal and also request for change in maturity instructions online.
• A Deposit calculator is now available which will help you work out how your deposit is growing grows for a specified time period based on the type of deposit and deposit amount.
• You can view your deposit details like primary deposit details- type of deposit, nominee name( If any), other details like maturity instructions, interest rate etc. You can also view the schedule of credit of interest in your account excluding TDS.
• View details of pool accounts created (multiple accounts linked), if any.
• Simulate Term Deposit Pre-closure- This is a calculator which will help you determine the withdrawal amount with interest details as per the date of closure and withdrawal amount. This is only an indicative amount, actual amounts may vary.

 

Fund Transfers:

• Within your Kotak Accounts - Move money between your Kotak accounts
• To someone else's Account in Kotak Move money to another person's account in Kotak
• To another Bank (NEFT) - Move money to an account in another bank via RBI's National Electronic Fund Transfer system. This is usually used for transfer amount of Rs 2 lakh and less.
• To another Bank (RTGS) - Move money to an account in another bank via RBI's Real Time Gross Settlement. This is a faster way to transfer money for Rs 2 lakhs and above.
• Demand Draft - Send money to someone using a Demand Draft. Demand Draft can be sent to beneficiary address or your correspondence address registered with the bank.
• You have the option to choose when to make the payment or you can save the transaction and make the payment when desired.
  • Pay Now: The payment will made instantly.
  • Pay Later: You can pick a date as to when you wish to make the payment. The transaction will be scheduled and processed on the date of payment chosen by you. You can edit/ Stop this transaction from 'Pending Transfers'.
  • Schedule Regular Payments: You can schedule regular payments by choosing this option. You need to enter the start date, frequency and till when you wish to make your payments till. For standing instruction set up for payments, you can even Stop / Edit the Standing Instruction details.
  • You can view all your past transactions under 'Completed Transfers' with the Status of the transaction. You even have the option to use the 'Copy Transfers' facility, in case you wish to make the same transaction without entering the required transaction details again.

 

Add / Manage Beneficiaries:

• You can view and manage your beneficiaries online.
• You can add a beneficiary and also activate or inactivate the same online.
• Beneficiaries added at other channels like branch too, will be available for the customer on Net Banking to make a transfer to.
• Multiple accounts can be mapped for a beneficiary for Transfer Type. ( e.g- NEFT / RTGS etc)
• You can now change the Beneficiary limits on Net Banking. The same can be decreased from the bank default limit for Net Banking. To increase the same, you need to visit the nearest Bank branch.

 

Service Requests:

You now have a wide range of service requests that are available to you online. You can place a service request and even view your service request details.

Service Requests are as below:

Savings and Current Account Service Request

• Request for Cheque Book
• Stop Cheque(s)
• Request for Account Statement - You can request for an account statement either via post to your correspondence address or get it mailed to your preferred email ID.
• Request for Balance Certificate- Balance Certificate will be issued as per the date selected by you.
• Request for Interest Certificate- Interest Certificate will be issued for the previous financial year (April to March)

 

Deposit Service Requests:

• Open Term Deposit
• Link a Term Deposit to Saving /Current Account
• Pre-mature Withdrawal of Term Deposit
• Change Maturity Instruction for Term Deposit
• Request for Account Statement

 

Home Banking Service Requests:

• Cash Pick Up Request
• Cash Delivery Request
• Cheque Pick Up Request
• Demand Draft Delivery Request

 

Debit / Prepaid Card Related Request:

• Report Lost / Stolen Debit Card
• Debit Card Activation for use at Merchant Establishments
• Request for Debit Card
• Request for a New PIN for your Debit Card
• Change Primary Account for Debit Card
• De-link Account(s) from Debit Card
• Block / Unblock Debit Card
• Purchase of Best Compliments Card ( Prepaid Card)

 

Payment Gateway Related Request:

• Register for Payment Gateway
• Modify Payment Gateway Registration
• Client ID Registration for Online Trading

 

Demat Accounts

Demat:

• This section provides access to view your Demat account details. You can also trade online in these securities by opening a trading account with Kotak Securities Ltd.

Account Services:

• View account activity, billing details, holding details
• Inquire transaction status, Demat status of securities

Requests:

• Place an online request for account statement, Share holding details or billing
• Place a request for Pledge Forms or Client Master Details

Additional Features:

• In case you want to convert your existing shares into Demat format, you can view securities available for Demat
• You can view the details of your transactions including settlement date, pay in date, pay out date using the View Settlement calendar option

 

Investments

Investments:

• This section enables you to view and purchase/redeem Mutual Funds online and other details of your investments with us.

Account Services:

• Keep track of your investments online - view account details, transaction details and current NAV, percentage gain/loss and IRR
• Get details of investments by Asset Class or Fund Name

Transaction Services:

• Purchase/redeem Mutual Funds online
• Place Standing Instruction for auto debit of your account and investments in the selected fund

Requests:

• Check status of your Buy/Sell requests

Other Features:

• Get the latest NAVs
• Get advisory services and industry updates on a continuous basis

 

Kotak Netc@rd

Kotak Netc@rd:

• This is a one time use virtual card which enables you to shop online in a secure way on any website that accepts VISA cards, in a secure way.

Kotak Netc@rd usage:

• Generate your Kotak Netc@rd by either logging onto Net Banking or using small software application - Kotak Netc@rd QuickPay - installed on your computer.
• Cancel cards if you do not wish to use them

Transaction Services:

• View card details including the status of the card, card amount, create date, expiry date
• View Transaction details including the card number, merchant name where the card was used and settlement amount

 

Kotak BillPay

Kotak BillPay is an Electronic Bill Presentment and Payment Service. A secure and hassle free way to pay your bills!!

• Kotak BillPay is a simple, convenient and secure way of managing your bill payments from anywhere, anytime
• You can pay your utility bills (telephone, electricity, mobile, etc.), insurance premia, Recharge Prepaid Mobile Phone and DTH account, ,subscribe to magazines, pay taxes or make donations
• Kotak BillPay offers you the flexibility of making regular payments by registering the biller or making one time / ad hoc payments using the 'Instant Pay' option
• For registered billers, you will be able to view the bill amount and due date
• You can pay your domestic Visa Credit Cards bills with Kotak BillPay.
• Kotak BillPay offers you "AutoPay" wherein you can register for automatic payments from your account. Payments will be scheduled and processed 4 days prior to the due date/Payment date specified by the customer.
• With Recharge, you can top up your Prepaid Mobile Phone and DTH account instantly. On successful recharge you will even get confirmation SMS from your mobile/ DTH operator.
• You can even pay your Direct Tax through Kotak BillPay
• You can even view your Bill and Payment History
• Additionally, you will also receive Alerts via Email/SMS for any biller addition/deletion, receipt of new bill and status of bill payments and even AutoPay alerts.
• To avail of Kotak BillPay, simply login to Net Banking and click on the BillPay option or call up our 24-hour Customer Contact Center or walk into your nearest Kotak Mahindra Branch. You can also make payments to your registered billers through Kotak Mobile Banking
• This service is Free of Charge.

  Biller Name	Offer
  Reliance Energy	0.5% discount on bill amount, subject to a maximum discount of Rs. 250 per bill
  Mahanagar Gas	1% discount of the bill amount
  MTNL	1% discount subject to a maximum discount of Rs. 250 per bill

• For more details on Billers, Click Here

 

Get Money

Receive funds from any non Kotak Bank Account to your Kotak Bank account using RBI's ECS facility absolutely FREE.

• Registration to be done on Net Banking or at our nearest bank branch to avail Get Money service.
• Debit Bank account details (ECS Debit Mandate Form) need to be verified by Debit Bank. This verification / lodgment process takes up to a maximum of 25 days from date of submission of ECS Mandate Form to our nearest bank branch.
• You can either receive funds on Ad-hoc basis (one-time) or can set up a Standing Instruction (SI) to receive funds on regular basis, post successful activation of Get Money registration. You also have the option to modify or delete the Standing Instruction.
• Get Money funds transfer requests can be given on Net Banking, 24 hour Customer Contact Center or our nearest bank branch.
• You will receive Email and SMS alerts on the registered email ID and Mobile number with the bank for all the events on Get Money.
• You can even view details of your pending transfer requests and transfer history post logging into Net Banking.
• You can register multiple Bank accounts as debit bank accounts under the Get Money service.

 

Requests

• Access Code Registration and De-registration-Access Code is an additional password required to log in to Kotak Net Banking / Payment Gateway. You can register or de-register for this service.
• Do Not Contact request - Register yourself under this section to discontinue receiving marketing related calls from the bank.

 

ASBA

You can now apply for IPO/FPO/Rights Issue through Kotak Net Banking without any paper-work and from the convenience of your home / office.

• ASBA stands for Application Supported by Blocked Amount.
• Customers can apply for IPO/FPO/Rights Issue online using ASBA by authorizing the bank to block an amount equivalent to the application amount in the relevant bank account.
• The application amount would be retained in the customer's bank account, and are blocked towards the IPO/FPO/Rights Issue application. The funds remain blocked till the completion of the allotment process.
• On intimation of allotment, amount to the extent required will be debited to the bank account. In the case of partial / no allotment, an amount for the unalloted portion will be released.
• Since the amount is blocked and not debited until allotment, you will continue to earn interest on the application amount (as applicable).

 

Statement

You can view and download your previous months' statements including your Annual Combined Statement for the previous financial year. Also you can request for your preferred statement delivery option by clicking on Statement Registration.

 

Profile

Profile has your contact details, like correspondence address, preferred email ID and mobile number. For enhanced security, modification of preferred Email ID or Mobile Number is not possible online. To make any changes to your preferred Email ID or Mobile Number please visit your nearest branch and submit a signed request along with an acceptable proof of identity. To change your correspondence please submit a signed request along with an acceptable proof of address

 

Mail

This section provides you a secure mail service to contact the bank with your complaints/suggestions. You can also place your "Home Banking" requests in this section