Now you can transfer money to anyone through just an email via Kotak Net Banking
Please refer the followings:
Yes, you can do the same by using the 'Cancel Transaction' option. The transfer request can be cancelled till the time the funds are not debited from your account.
Log in to Net Banking --> Banking --> Transfers and Payments -->Mail Money. See below for further details:
Enter the beneficiary details like name, email ID, mobile number and payment amount. 2 OTPs will be generated and shared through SMS - one will be sent to you and the other to the beneficiary. The beneficiary will receive a mail from Kotak Mahindra Bank with the redemption link. Beneficiary needs to enter both the OTPs and then enter his/her account details to receive the amount.
OTP will expire 7 days from the payment date.
Following are the limits: