Cheque & Demand Draft

1860 266 2666

Local call rates apply

Deposit your foreign Currency cheques & demand draft into Kotak Mahindra Banck Account.

  1. Deposit a cheque or demand draft favouring your Kotak Mahindra Bank Account
  2. Enclose your pay-in-slip (with the name of beneficiary and account number)
  3. Send via first class mail / regular mail only1 to any of our branches and we will have your funds collected


Kotak Mahindra Bank will not be responsible for any postal delays, or a delay caused due to incorrect address and any other such error.

Remember! Check if the demand draft is valid and not endorsed

1Cheques sent by courier will not be accepted.

CurrencyTurn Around Time for Transfer to beneficiary Account1
USD6 working 2 days for USD instruments drawn on banks in New York City.
14 working 2 days otherwise.
Euro10 working 2 days
GBP10 working 2 days
SGD21 working 2 days


1From the date of credit to Kotak Mahindra Bank's nostro account.
2 Excluding Saturdays, Sundays and Public Holidays
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