Will my account get debited in case for DC EMI transaction?
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  • Will my account get debited in case for DC EMI transaction?

Your bank account may get debited with Re.1/- only for authorization, at some merchants. The loan amount, however, will be charged from the pre-approved limit assigned to you by Kotak Bank. You need to pay monthly instalments to Kotak Bank as per the EMI tenure selected by you.
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