Online Outward Remittances

1860 266 2666

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Online Outward remittances / Sending money abroad online


Now transfer money to anywhere in the world with Kotak Mahindra Bank's convenient outward remittance services.

All one needs to transfer money is an Aadhaar number, photo of one's PAN Card and details of the sender and beneficiary bank.

If one has the documents handy, the form is concise and one should be able to initiate the request quickly.


Click here to Remit

  • Service available for customers as well as non-customers of Kotak Mahindra Bank (not necessary to have a bank account with Kotak Mahindra Bank)
  • One time simple registration process
  • Remittances 24X7, Place transfer request anytime anywhere
  • Remittances can be made in 15 currencies
  • Available for resident individuals holding a savings account with any bank in India
  • Real time tracking of remittance request
 
  • AED - UAE Dirhams
  • AUD - Australian Dollars
  • CAD - Canadian Dollars
  • CHF - Swiss Franc
  • DKK - Danish Krone
  • EUR - Euro
  • GBP - UK Pounds
  • HKD - Hong Kong Dollars
  • JPY - Japanese Yen
  • NZD - New Zealand Dollars
  • SAR - Saudi Arabian Riyal
  • SEK - Swedish Krone
  • SGD - Singapore Dollars
  • USD - US Dollars
  • ZAR - South African Rand
  • Only resident individuals who have a savings bank account can apply for the services
  • Foreign Exchange proposed to be remitted can be for the following purposes only (basis RBI guidelines) -
    • Maintenance of close relative abroad
    • Education
    • Emigration
    • Going abroad for employment
    • Medical treatment abroad
    • Travel for education
    • Travel for medical treatment
  • The transaction details which are specifically mentioned in the application, should not cross the limit for the financial year or any other limit prescribed by RBI under FEMA, 1999 for the said purpose
  • For Non Kotak Bank Account Holders the registration process to be completed using Aadhaar OTP and maximum amount of remittances allowed is $10,000 per financial year.
  • For Existing Account Holder a maximum of $25,000 per financial year will be allowed to be remitted through the online platform.
  • Total amount of foreign exchange purchased from or remitted through, all sources in India during this financial year including this proposed remittance should be within USD 250,000 (USD Two Hundred and Fifty Thousand Only) the limit prescribed by Reserve Bank of India for the said purpose under FEMA, 1999.

Non Customer

  • Click here to complete a one-time registration process
  • Add your bank details (Funding Bank Details)
  • Add Receiver / Beneficiary Details
  • Initiate your remittance request within the prescribed limits

Existing Account Holder

  • Login using your Kotak Net Banking credentials
  • Add your bank details (Funding Bank Details)
  • Add Receiver / Beneficiary Details
  • Initiate your remittance request within the prescribed limits
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