Transaction Failure Fees

Kotak Ace Saving Account-Wealth

New account opening for this variant is only applicable under Private Banking

Basic Service Fees
Transaction Fees
Transaction Failure Fees
Other Fees

Basic Service Fees

Fee type	Details	Kotak Ace Savings Account-wealth
AMB (Average Monthly Balance)	Average Monthly Balance (AMB)	INR 50,000
Non Maintenance Fee	Fee for non maintenance of minimum monthly average balance	6% of the shortfall in required AMB per month (Max upto INR 600/-)
Family Banking	NA	NA
Cheque Book	FCY - DD/ TT / Cheque Collection / Revalidation / Cancellation / FCY Cheque Deposited and Return	INR 500 / instance
Cheque Book	At-par Cheque Book Fee	Free up to 100 Cheque Ieaves per year thereafter INR 3/ cheque leaf
Debit Card / ATM Usage Fee	Kotak Bank‘s ATM - Cash Withdrawal / Non Financial Transactions	Nil Charges upto 30 transactions per month (Financial + Non-Financial on Kotak ATM + other Bank ATM), thereafter INR 23 per Financial txn and INR 10 per Non-Financial txn
	Other Domestic ATMs - Cash Withdrawal / Non Financial Transactions ##
	Transactions declined at merchant outlet / websites / ATMs, due to insufficient balance <>	INR 25 / Transaction at Non-Kotak ATM
	Cash Withdrawal / Non-Financial Transactions at International ATMs +	INR 150 per cash withdrawal transaction & INR 25 per non-financial transaction
	Cardless cash withdrawal (IMT)	Nil up to 1 transaction per month and subsequent transactions will be charged INR 10/- per transaction
	Dynamic Currency Conversion (DCC)	Mark-up fee of 1% plus GST will be applicable on your Kotak Bank Debit Card for transactions done in Indian currency (INR) at international locations or transactions done in Indian currency (INR) with merchants located in India but registered in an international locations. DCC mark-up fee will be applicable on all ATM, POS/In-store or Online transactions.
Other Debit Card Related fee	Replacement of Lost /Stolen Debit Card	NIL
Other Debit Card Related fee	Image Debit Card Issuance fee	Image Debit Card - INR 199

Transaction Fees

Fee type	Fee type	Kotak Ace Savings Account- Wealth
Fund Transfers	NEFT / RTGS / Fund Transfer (Through Netbanking / Mobile Banking)	Nil
	NEFT / RTGS - Applicable only if done in Branch	Nil
	IMPS	Nil
Cash Transactions Fee	Cash Transaction at Branch / CDM (Cash Dispensing Machine) (Deposit or withdrawal)	Nil upto 5 transactions or 5 lac / month whichever is earlier. Post free limits, charged at INR 5 / 1000 with minimum INR 150
Debit Card Annual Fee/ Issuance Fee	Pay Shop More Debit Card	Nil
	Silk Debit Card	Nil
	Visa Platinum / My World Debit Card	Nil
	Kotak PVR Debit Card	499.0
	EveryDay Debit Card	INR 259*
	Visa Signature Pro Debit Card	750.0
	Privy League Platinum Card	750.0
	Privy League Signature Card	750.0
	Privy league Business Card	750.0
	Privy League Neon Debit Card	1500.0
	Privy league LED Debit Card	2500.0
	Privy League Black Metal Debit card	5000.0
	Private Banking Infinite Debit Card	1500.0
	Goqii Wearable Payment	Issuance fee — INR 3499 & Annual fee — INR 259 from 2nd year onwards
	Default Card	Visa Platinum Debit Card
Branch Request	Duplicate Ad-hoc statement, Duplicate Passbook, TDS Certificate Through Branch or any other Record Retrieval, Stop Payment - Single / Ranpe of cheque through branch; DD Revalidation; PO / BC Revalidation / Cancellation (INR); Annual Combined 5latement-Physical; Monthly Physical Statement;	NIL
	Foreign Inward Remittance Certificate	Nil
	Regeneration of PIN (sent through courier)	Nil
Other Fee	Temporary Over Draft	TOD: INR 500;

Transaction Failure Fees

Fee type	Details	Kotak Ace Savings Account- Wealth
Failure Fee	ECS / Cheque Issued & Returned (due to non availability of funds)	INR 500 / instance
	ECS Mandate Verification	Nil
	SI Failure	INR 100 / instance
	Cheque deposited and returned (INR)	INR 200 / instance
	Cheque Issued and Returned for Non-Financial Reason	INR 50 / instance

Other Fees

Fee type	Details	Kotak Ace Savings Account- Wealth
Home Banking	Cash / Instrument - Pick Up / Delivery	NIL
Complimentary Services	Passbook (in lieu of Account Statement) Current Year Balance and interest statement Signature Verification Cenificate Photo Attestation Address Confirmation, Balance & interest Statement, Regeneration of PIN of Net Banking / Phone Banking / Debit Card courier), Account Closure, Cash / Instrument Pick up / Delivery / KYC Pick Up	Nil
Statements & Alerts	statements	Email Statement (Monthly): Nil Physical Statement (Quarterly): Nil
Statements & Alerts	Balances Value added alerts (Daily / Weekly)	50p. per SMS (Daily ) & Weekly-Nil
Forex Card	Issuance Fee	Rs 250 (exclusive of GST)
Forex Card	Reload Fee	Rs 75 ( exclusive of GST)
Foreign Exchange Services (FES) - Outward Remittances - Individual Fee	Telegraphic Transfer Fees (other than payment for imports)	NA
	Correspondent Bank Fees (Outward remittance wherein the foreign bank Fees are paid by remitter)	NA
	Issue of FCY DD's	NA
	Commission in lieu of exchange (in case of debit from EEFC/RFC/SFC account)	NA
GST on Foreign Currency Conversion Fee (FCY) ~	Value of purchase or sale of Foreign Currency	NA
	Up to INR 1,00,000	NA
	Above INR1,00,000/- to INR10,00,000/-	NA
	Above INR 10,00,000/-	NA

Explore Savings Account Fees & Charges across multiple products

Other Savings Account Fees & Charges for existing Kotak Bank customers (Please note these account variants are no longer available for new account opening)

Kotak Ace Saving Account-Wealth

Basic Service Fees

Transaction Fees

Transaction Failure Fees

Other Fees