1. Build your Credit Score
2. Reduce your Current Borrowing / EMI Costs
5 Free transactions per month
Rs.20 + GST charged per financial transactions after the first 5 free ones
Rs.8.50 + GST charged per non-financial transaction after the first 5 free ones.
In Kotak Mahindra Bank, debit card charges are subjected to salary credit. If salary is not credited for three consecutive months, the accounts that usually have more than five free transactions at self and other bank ATMs are stripped off the extra perks and will be entitled to only 5 free transactions at self ATMs, irrespective of any corporate offering.
5 Free transactions per month
Rs.20 + GST charged per financial transactions after the first 5 free ones
Rs.8.50 + GST charged per non-financial transaction after the first 5 free ones.
A total of 3 more transactions are allowed after the first 5 free ones.
A charge of ?25 + applicable taxes must be borne by the customer if there is a transaction decline due to insufficient balance.
Rs.150 per transaction is charged for international cash withdrawal.
Rs. 25 per transaction is charged for international balance enquiry.
Free for up to 1 transaction in a month
Subsequent transactions are charged at Rs. 10/- per transaction
The bank charges cross-currency mark-up of 3.5% on foreign currency transactions carried out on Kotak Bank Debit Cards. The exchange rates vary as per the terms and conditions of Visa and MasterCard, prevailing at the time of purchase.
Note:
Financial Transactions are Cash Withdrawal.
Non-financial transactions include Balance Enquiry, Mini Statement and PIN Change.