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For Kotak Bank Customers
For Kotak811 Customers
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Surviving borrower/co-borrower of LAS account need to submit request for security released through register Email ID or at branch by submitting intimation letter of demise along with death certificate.
In case of nominee /legal heir of deceased can submit request for security released through branch by submitting intimation letter of demise along with death certificate & identity proof of nominee /legal heir.
Further release of security will be processed basis account utilization status.
Yes. You can avail of limits by pledging the single scrip, if it is part of our approved list of scrips.
Your portfolio is valued periodically, and your overdraft limit varies, depending on the market rate of the shares you have pledged. You may at any time choose to increase your overdraft limit by pledging more shares, or decrease it by withdrawing them (within the permissible limits).
We revalue your portfolio on a weekly basis. Additionally, in the event of a sharp fall in the market prices, we conduct an interim revaluation.
