kotak mahindra bank Archives – बैंक India

What is the Lien amount in Kotak Mahindra Bank?

Jul 7, 2024 Suraj Tandon 0

As a user of Kotak Mahindra Bank, if you’re unable to withdraw or transfer a certain amount from your account, your account might be marked with a lien. A lien, or a lock is put by the bank to keep your money on hold. Typically, bank officials prevent this amount from being spent. It will stay in your account, but you cannot withdraw or transfer it to any other account. The lien amount will be blocked until the bank decides to release the lock on your account. There is no set limit for the locked amount, as bank officials have complete authority to hold the entire bank balance and convert it into a lien amount. But, why?k Why Kotak Mahindra Bank is Charging a Lien Amount? There can be multiple reasons to mark an account with a lien. Here are the most common ones: A lien may be put in place to guarantee repayment of a bank loan if any EMIs are missed or are paid after the due date. The lien’s amount would cover the debt’s remaining balance. The bank has the right to place a lien for the full amount of overdue credit card bills on the account. […]

How to Check Kotak Mahindra Bank Account Number Online

Oct 27, 2023 Suraj Tandon 1

People need to have a bank account that contains their hard-earned money. It’s nothing but a financial account maintained by banks for its customers. A bank account works for the customer to assist the financial transactions between the bank and the account holder. Usually, the bank records all the transactions between the account holder and the bank. The bank can offer various types of bank accounts that come with a different set of terms and conditions. Today’s discussion is all about Kotak Mahindra Bank and its account number. Customers of the Kotak Mahindra Bank are satisfied with its services and pleased to the extent. But here we are to explain how Kotak Mahindra’s customers can check their bank account numbers online. Steps to Check Kotak Mahindra Bank Account Number online A bank account number is for identifying an individual customer’s bank data and profile. It is how a bank account is recognised in the bank’s database. Every account number is unique, and banks have different codes at the beginning of the number to identify the particular bank. Usually, a bank account number consists of 11-16 digits. Here, we are to bring out the eye on Kotak Mahindra Bank and its […]

How To See Virtual Debit Card In Kotak App

Sep 27, 2023 Suraj Tandon 0

Kotak Mahindra Bank has launched India’s first zero-contact, video KYC savings bank account, Kotak 811, which offers you various customer-friendly banking facilities and services on your smartphone, such as online shopping, paying bills, to recharge or use ‘Scan & Pay‘ facility at merchant outlets. However, a Virtual Debit Card is given inside your Kotak mobile banking app to quickly cater to all your banking/investment needs anytime and from anywhere. Kotak 811 is a zero-balance digital savings bank account that can be opened online through the Aadhaar OTP verification process. Once your Kotak 811 bank account is opened, a virtual debit card will be available to you instantly from your mobile banking app, which can be used to perform various online transactions. If you are a new user and your Kotak 811 Virtual Debit card not showing, then in this article post, we have discussed how you can see the virtual debit card in the Kotak app. So, without wasting any time, let’s start walking through this article for more information on the above subject, but first, know what a Virtual Debit Card is and its benefits. Features And Benefits Of Virtual Debit Cards Virtual Debit Cards have some exciting features […]

How To Reset Kotak Mahindra Bank Forgot MPIN Online

Sep 25, 2023 Suraj Tandon 0

Through Kotak Mahindra Bank Application, you can manage your bank account online. To log in to this application, you need a CRN number (Customer Relationship Number), which is your net banking username, and an MPIN, which is a unique passcode essentially required to be entered to authenticate the identity of a mobile banking app user, before initiating any transaction in a bank account. You can not log in to the mobile banking app if you have forgotten any of them. MPIN is an acronym for Mobile Personal Identification Number. In the Kotak Mahindra Bank Application, there is a 6-digit MPIN code you need to enter before making a transaction through this app. More importantly, by entering an MPIN, you do not need to remember your bank details, like your bank account number, IFSC code, or other personal information, for your verification during transactions. In this blog post, you will get detailed information on what an MPIN is, its uses and benefits to users, and how to reset your forgotten MPIN in Kotak Mahindra Bank Application online. So, without wasting any time, we should quickly delve deeper into the information provided here. Steps To Reset Kotak Mahindra Bank Forgot MPIN Online […]

3 Ways To Check Kotak Mahindra Bank FASTag Balance Online

Feb 14, 2023 Suraj Tandon 0

Kotak Mahindra Bank Fastag device is a Radio Frequency Identification (RFID) technology that is used for contactless toll collection. This device enables you to drive through toll plazas on national highways in India without stopping for cash transactions. The Fastag is a small rechargeable card allowing automatic toll deduction from your bank account linked to the FASTag sticker on your vehicle. The validity of the FASTag is five years, and it needs to be Recharged or Top-up as per your transaction requirement. The Kotak Mahindra Bank FASTag online service allows you to check your FASTag balance online. If you are using the Fastag device, then you should know the methods to check the Kotak Bank Fastag balance. Let us get started! Checking Kotak Mahindra Bank Fastag Balance Suppose while using the Kotak Mahindra Bank Fastag device, you need to know your Fastag wallet balance, but for some reason, you are confused and need clarification. In such a case, you should read the following information and follow the below-mentioned simple and easy steps, such as: You should know that you can check your Kotak FASTag balance in 3 different ways, such as: 1. By logging in to the Kotak Bank Fastag […]

Kotak Mahindra Bank Locker Rent Charges 2024

May 11, 2022 Suraj Tandon 0

Kotak Mahindra Bank Limited is a private-sector bank that started in Mumbai in 1985. It has 1600 branches and 2519 ATMs across India. People as a customer of Kotak Mahindra Bank get faster and growing facilities. Its official website has the facilities like mutual fund investment, digital savings account openings in zero balance, Kotak fixed deposit investments, and many more. Kotak Mahindra Bank’s website makes the banking process easier for its customers while sitting in their own space. People can do banking according to their time and convenience with the official website just at their fingertips. Currently, Kotak Mahindra Bank has almost 2.7 million customers account. It caters to the financial needs of both single and corporate institutions. Kotak Mahindra Bank Locker Kotak Mahindra Bank gives customers of safe deposit locker facilities to avail the safety of their valuables. Customers can keep their important documents like property papers, jewelry, loan documents, gold bars, savings bonds, etc. People usually come to the bank for their earned money to secure them and to invest it for the future. Also, the bank always helps keep the savings and makes insurance out of them. This safe deposit locker system is for keeping the treasure […]

Latest Kotak Mahindra Bank Account Closing Charges 2024

Mar 27, 2022 Suraj Tandon 10

All the banks allow their account holders to close their respective bank accounts as and when they desire. But when the account holders shut down their bank accounts, the bank deducts account closing charges for the same. Usually, during the opening of any bank account, the banks incur some costs to provide the account holders with their account opening kit, a Chequebook, and a debit card. For this reason, banks charge an account closure fee to the account holders. If you are wondering about the Kotak Bank Account Closing Charges, then you must know that, similar to other banks, Kotak Bank, too, charges its account holders a closing fee for opting to close their bank accounts. Reasons to Close a Kotak Bank Account An account holder may choose to close his Kotak Bank bank account for any reason. A few such reasons are listed below. High account maintenance charges and transaction charges Poor customer service and the bank is providing a lower rate of interest. If the account holder is not able to maintain the minimum account balance that a bank requires the account holder to maintain in its bank, In the event of the death of the account holder, […]

Block or Unblock Kotak Mahindra Bank Debit Card online

How to Block/Unblock Kotak Mahindra Bank Debit Card online

Mar 19, 2021 Suraj Tandon 25

The prominent growth and interest in the cybersecurity industry are closely related to the rise of online banking services. Digitization provides improved security, better delivery on bank facilities, and benefits the environment. Debit cards revolutionized how we interact with our bank accounts. Withdrawing and depositing cash takes minutes and saves us from a trip to the nearest branch every time we need pocket money. Despite being equipped with improved authentication procedures and online systems, we are susceptible to financial fraud and cybercrimes. We may even misplace our card. It is critical to block our debit cards in case our bank accounts are vulnerable. Moreover, treat it as a preventive measure to secure our money from falling into the wrong hands. Kotak Mahindra Bank offers both online and offline procedures to block and unblock debit cards. Now, customers may not have easy access to a branch immediately or have the time to wait until the next day for actions. Alternate methods using a personal computer or cell phone ensure the process takes place directly. You require an internet connection on any device or a mobile phone with the registered number in it. With a Kotak Bank debit card, there are multiple […]

How to Open Kotak Bank Statement PDF Password

Mar 13, 2021 Suraj Tandon 19

With the digital age and environment-friendly measures taking over our daily life, banks are shifting legacy systems to modern web-based platforms. The transitions include replacing the necessity of passbooks with digital account statements. Moreover, internet banking services also ensure remote access for customers to their bank account and reports and manage transactions without a chequebook. Account statement contains the details of all transactions (credit and debit) taking place out of an individual account. It can be regarding credit cards or savings accounts. Online banking systems use email or the mobile bank app to deliver a digital copy of the account statement to the customer. Hence, they save themselves from the hassle of going to their branch physically or filling out any forms. Kotak Bank has pioneered internet banking systems to ensure their customers can avail of digital services anytime and securely. The bank provides each account statement with a specific password, which is unique and offers protection from unauthorized access to the reports. Here you will learn to retrieve and view your Kotak Bank Statement using the PDF password. Steps to Open Kotak Mahindra Bank Statement PDF Password The pre-requisites for knowing your Kotak Bank statement PDF password are – […]

How to Raise Complaint in Kotak Mahindra bank Online

Feb 8, 2021 Suraj Tandon 14

In Kotak Mahindra Bank, there are different levels at which you can raise complaint online. Of course, you have to start in level 1 and move upwards depending upon your requirement. Generally, people go on to level 2 and onwards when their problem is not solved or do not respond. The procedures for all the levels to register the complaint in Kotak Mahindra bank Level 1 This is the first level, where do you need to complain. No matter how small your issue is, you can file a complaint to Kotak Mahindra Bank about it to get it fixed. This bank is known for its amazing customer service, so do not hesitate to redressal. There are many ways you can complain at level 1. Filling the online complaint form is not only the quickest but also the fastest method. All the various ways you can complain are as follows: Go to the official Kotak Mahindra Bank website and click on the portal option specially designed so that people can lodge their complaints. There will be a search option where you can type it out or just go to the menu where you will be able to spot it easily. You […]