Say hello to more ease, more comfort, and a world of hassle-free services with Subscriptions/ Recurring Payments!
Instantly set up regular payments on your Credit/Debit card to enjoy uninterrupted services across platforms like Netflix, Amazon Prime, Facebook, Google and more.
How do I register?
Simply register your Kotak Bank Credit/Debit Card on the merchant’s website/app for your Subscriptions/ Recurring Payments.
To see the list of compliant merchants currently live with Kotak Mahindra Bank for Subscriptions/ Recurring Payments on your Credit/Debit Cards, Click here
Click here to view your registered subscriptions/ recurring payments. You can also cancel or modify the existing Subscriptions/ Recurring Payments at any stage.
Subscription or Recurring Payment mandates have to be registered with the respective merchant only.
The merchant list shown in the above link is limited only to domestic merchant subscriptions/ recurring payments.
Subscriptions/ Recurring Payments is a payment method by which you can choose to register your Kotak Bank Credit/ Debit card on the merchant’s website/ App for paying your subscriptions or payments which are required to be made on a recurring basis(monthly/quarterly or annually)
Below notifications will be sent for your recurring transactions:
Please Note: If the amount of any subscription/ recurring payment is above Rs. 5000 you are required to approve the transaction with an OTP.
Subscriptions/ Recurring Payments User Guide :
Click here to view.
You will receive a notification SMS/ Email from Bank 24 hours prior to the debit of the amount. You may click on the link received in the SMS/ Email & modify the amount, end date or cancel the subscription as per your requirement.
After registration via OTP, you can set standing instruction for a fixed value or a variable value. Although automatic debit up to a maximum of ₹ 15000 will not require OTP.
You will receive a notification SMS/ Email from Bank 24 hours prior to the debit of the amount.
There is no limitation on maximum number of merchants that can be added. Multiple subscriptions/ Recurring Payments can be made from your Credit/ Debit Card up to the availability of Credit/ Debit limit.
In case you do not have sufficient balance in your account/ available limit on your Credit Card, the transaction will be declined & services will be stopped for the current month.