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Frequently Asked Questions

What is BHIM Kotakpay?

BHIM Kotakpay is Kotak Mahindra Bank's UPI (Unified Payment Interface) app. This is a bank agnostic payment app wherein you can link all your Bank accounts (UPI enabled) and send or receive money without revealing your bank account details in a secure manner.

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How fast is a transaction over BHIM Kotakpay?

Transactions over BHIM Kotakpay takes place - instantly and are completed within seconds. The entire process works on the newly launched UPI platform.

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What types of transactions can I do using BHIM Kotakpay?

BHIM Kotakpay currently supports various financial & non-financial transactions:

  • You can send money to your contacts and account numbers
  • You can request for money from your contacts
  • You can check your balance

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What are the transaction limits in BHIM Kotakpay?

BHIM Kotakpay limit is same as UPI limit. This is currently set at Rs. 1 Lakh per transaction and will be modified basis regulatory requirement from time to time.

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What are the working hours for money transfers on BHIM Kotakpay?

BHIM Kotakpay is riding on UPI platform and money transfer using the same can be done 24x7 instantly and is not dependent on banking hours.

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