Kotak Net Banking: Kotak Mahindra Bank offers Net Banking services to both retail and corporate customers, providing a convenient way to manage banking transactions online. With Kotak Net Banking, account holders can perform various tasks such as fund transfers, bill payments, applying for debit/credit cards, opening FD/RD accounts, and booking tickets without any additional charges. By registering for Kotak Net Banking and having an internet connection, customers can conduct financial transactions from the comfort of their homes or offices.

Benefits of Kotak Net Banking:

• Convenience: Access banking services 24×7 from anywhere with internet connectivity.
• Account Management: View account balance, activity, details, un-cleared funds, cheque status, and exchange rates.
• Fund Transfers: Transfer funds between own accounts, third-party accounts within Kotak Mahindra Bank, or with other banks participating in NEFT/RTGS/IMPS schemes. Open term/recurring deposits and set up standing instructions for fund transfers.
• Financial Services: E-file taxes, request cheque books, download account statements, and inquire about TDS information on deposits.
• Additional Services: Register and manage Kotak life insurance policies, apply for National Pension System (NPS), pay utility bills, credit card bills, and recharge prepaid mobile/DTH services through Kotak BillPay.

Kotak Net Banking provides convenient access to your accounts anytime, anywhere, 24×7, allowing you to manage your daily transactions online from the comfort of your own space. With Kotak Net Banking, you can perform various tasks and access a wide range of services:

Services: Kotak Net Banking

• Fund Transfers: Transfer funds online between your accounts with Kotak Mahindra Bank, or to any other bank account via NEFT, RTGS, or IMPS.
• Deposit Management: Book fixed deposits, recurring deposits, and perform premature withdrawals online.
• Profile Management: View and update your profile details such as email ID, PAN Card, Aadhaar Number, FATCA Declaration, etc., instantly online.
• Account Management: View account balance, account activity, and check cheque status.
• Bill Payments: Pay utility bills, credit card bills, and recharge prepaid mobile/DTH accounts using Kotak BillPay.
• Online Shopping: Recharge prepaid mobile and DTH accounts, book air and bus tickets, and make hotel bookings online.
• Cheque Book Requests: Place requests for a cheque book, Payment Gateway registration, and various other transaction services.
• Credit Card Services: Re-generate credit card PIN, activate/deactivate credit card, activate/deactivate credit card for international usage, and link accounts.
• Credit Card Applications: Apply for new credit cards, upgrade credit cards, apply for Image credit cards, apply for Priority Pass, and apply for Card Protection Plan.
• Statements and Securities: Download digitally signed statements, view securities available for Demat Accounts.
• Safe Online Shopping: Use Kotak Netc@rd for safe online shopping at over 8500 websites.
• Mutual Fund Transactions: Invest/redeem in mutual funds online and view current Mutual Fund portfolio.
• Insurance Services: View Kotak life insurance policy, switch funds, pay premium online, and apply online for a new Kotak life insurance policy.
• Investment Applications: Apply for IPO/FPO/Rights Issue without any paperwork using ASBA facility from the convenience of your home/office.

What do you need to use Kotak Online Banking service?

Requirements:

• A computer with an Internet connection.
• For Windows Operating System (O/S) Users: Internet Explorer 8.0 and above (recommended for full compatibility with our system).
• Screen resolution: 1024 x 768 (800 x 600 resolution users can still view all content, but may need to use vertical and horizontal scroll bars).

How to Log in to Kotak Net Banking?

• Step 1: Visit the Kotak Net Banking login page at https://www.kotak.com/en.html.
• Step 2: Enter your User ID or CRN and Net Banking Password that you have received.
• Step 3: After entering the Password, click on ‘Secure Login’.
• Step 4: You will be prompted to enter a One-Time Password (OTP) on the next page.
• Step 5: The OTP is auto-generated and sent to your registered mobile number and email ID.
• Step 6: Upon successful authentication, you will gain access to your Net Banking homepage and can begin your banking transactions.

How to register for Kotak Net Banking?

If you haven’t already registered for Kotak Net Banking, here are the steps to do so:

• If you possess a login ID/user ID but are accessing Internet Banking for the first time:
• Click on the “First Time User” option.
• Ensure you have your Customer ID, account number, registered mobile number, and your debit card with you.
• Please input the Customer ID, account number, and registered mobile number, then click ‘Proceed’.
• Enter the 16-digit debit card number, the ATM PIN, and the expiry date.
• In the card currency, select the Indian rupee (INR) option.
• Agree to the terms and conditions and click ‘Proceed’.
• Choose a login password of your choice, following the guidelines, and re-enter it to verify.
• An OTP will be sent to the registered mobile number.
• Enter the received OTP code and click ‘Submit’.
• The registration process is complete, and you can now log in using the login ID and password.

How to register for Kotak Net Banking through Phone Banking?

• Dial the Kotak customer care Phone Banking number for your city: 18602662666.
• Provide your Customer ID and Telephone number (TIN) or debit card and PIN.
• The customer care executive will assist you with your Net Banking registration request.
• The Bank will courier the IPIN (Internet Personal Identification Number) to your address within 5 working days.

How to register for Kotak Net Banking at a bank branch?

• Visit the Kotak bank branch and request a Net Banking registration form (individual or corporate).
• Fill out the form and submit it to the Kotak Bank branch official.
• The bank will deliver the IPIN to your registered address via courier.

How to reset/change Kotak Net Banking password (IPIN)?

You can instantly reset your Kotak Net Banking password (IPIN) by following the steps below:

• Open the official website of Kotak Bank or the app.
• Enter your Customer ID.
• Choose one of the two authentication methods for the transaction:
• OTP on registered mobile number and debit card details (PIN and expiry date).
• OTP has been sent to your registered mobile number and email ID.
• Enter the requested details.
• Set your new password/IPIN.
• Log in to Kotak Net Banking using your customer ID and the newly set IPIN.

How to Check Kotak Account Balance using Net Banking?

• Log in to your Kotak Net Banking account.
• Click on the ‘Accounts Summary’ option under the ‘Accounts’ tab.
• A list of all your accounts will appear on the screen.
• Select the account for which you want to check the balance.
• The account balance and other details will be displayed.

How to change/update address through Kotak Net Banking?

• Open the official website or app of Kotak Bank and log in.
• Enter your customer ID and IPIN to access NetBanking.
• Click on the ‘Update Contact Details’ option from the top menu, then select ‘Update Address’.
• You will encounter a list of acceptable address proof documents.
• Select one from the list and scan a self-attested copy for uploading online.
• Click on Continue.
• You will be directed to a page to add and upload the address proof document.
• Verify the details entered, upload the address proof document, and submit.
• Your new address will be updated within 7 working days after verification of the document.

What are the channels through which I can initiate an NEFT Fund Transfer in Kotak?

• Kotak Internet Banking – Transfer funds to your chosen beneficiary from your desktop or laptop.
• Kotak Mobile Banking – Transfer funds through your Kotak Mobile Banking app.
• Kotak Branch – Visit your nearest Kotak Bank Branch and fill out the NEFT form to perform an NEFT transaction.
• Kotak Enet – Net banking facility for Corporates.

What are the steps for conducting a NEFT transaction through Kotak Net Banking/MobileBanking?

To initiate an NEFT transaction, you need to start by adding a beneficiary. Then proceed to make a funds transfer or credit card payment.

To conduct online transactions, ensure that both NetBanking and Third Party Funds Transfer facilities are enabled. If you’re not yet registered, simply fill out the form at your nearest Kotak Bank branch.

Steps to add a beneficiary for NEFT: 

Addition of Kotak Bank Beneficiary:

• Go to the PAYMENTS section and click on Transfer Funds.
• Select the option “Other Kotak Bank Account.”
• Click on “Register New Beneficiary.”
• Enter the Beneficiary Nickname and Account Number/Mobile Number. Click on Get Account Details. Verify the displayed beneficiary name.
• Enter the Netsecure code to complete registration.
• Your beneficiary is now successfully registered.

Addition of Other Bank Beneficiary:

• Go to the PAYMENTS section and click on Transfer Funds.
• Select the option “Other Bank Account.”
• Click on “Register New Beneficiary.”
• Enter the Beneficiary Nickname and Account Number. Click on Get Account Details. Verify the displayed beneficiary name.
• Enter the Netsecure code to complete registration.
• Your beneficiary is now successfully registered.

Steps to initiate your NEFT funds transfer:

• Step 1: Go to the Fund Transfer tab and select ‘Transfer to other bank (NEFT).’
• Step 2: Select the account, beneficiary, and input the relevant details.
• Step 3: Accept the Terms and Conditions.
• Step 4: Review the details, and if everything is correct, proceed to complete the process.

Note: Kotak Net Banking

• The beneficiary will be activated after 30 minutes (for security reasons) and can be viewed in the “View Beneficiary” option of the Enquire Section.
• After activation, a maximum of Rs. 50,000 (in full or parts) can be transferred within the first 24 hours.
• A beneficiary to whom no funds have been transferred for more than 24 months will be treated as a new beneficiary in all respects.
• A maximum of seven beneficiaries can be added, modified, or deleted within a period of 24 hours.

Information required for an NEFT transaction:

To initiate an NEFT remittance, the remitter needs to provide the following details:

• Amount to be remitted
• Remitting customer’s account number to be debited
• Name of the beneficiary bank
• Name of the beneficiary
• Account number of the beneficiary
• Sender to receiver information, if any
• IFSC code of the destination bank branch

How to initiate credit card payments via NEFT:

Credit card payments can be easily done through Kotak Bank’s NEFT service via NetBanking. Here are a few key points to keep in mind:

• Ensure that you have enabled NetBanking and Third Party Funds Transfer facilities. If not registered yet, visit the nearest Kotak Bank branch and fill out the form.
• The credit card issuing bank must be enabled to receive payments via NEFT.
• Obtain the correct IFSC from the credit card issuing bank (without the correct IFSC, the transaction will be rejected).

Steps to make your credit card payment:

• Go to the Fund Transfer tab and click on Transfer to other bank.
• Choose the account, beneficiary, and input the relevant information.
• Accept the Terms and Conditions.
• Review the details, and if everything is correct, proceed to complete the process.

What is a Kotak Bank Customer ID?

A Customer ID is a 9-digit number that uniquely identifies your relationship with Kotak Bank. Typically, your customer ID serves as your login ID for accessing Internet Banking. It’s important to mention this ID in all your communications with Kotak Bank.

What should I do if I’ve forgotten my Kotak Internet Banking password?

If you’ve forgotten your Kotak Internet Banking password, you can generate a new one online. You’ll need your 16-digit ATM/debit card number and ATM PIN. If you don’t have a debit card, please request a PIN at the call center or your nearest branch. To generate your password online, visit the relevant section on the website.

What is the daily transaction limit for Kotak Internet Banking?

The default daily transaction limit is Rs. 5 lakh. There’s no maximum limit for Funds Transfer. You can increase your daily limit up to Rs. 50 lakhs through Internet Banking. If you need to increase the limit beyond Rs. 50 lakhs, you can request it, and it will be processed on a case-by-case basis.

What types of fund transfers can I do through Kotak Net banking?

You can perform the following types of fund transfers:

• Transfer between your own accounts
• Transfer to another Kotak Bank account
• Transfer to Other Bank’s Account (NEFT/RTGS/IMPS)
• Visa Card Payment
• Instant Money Transfer

Who is eligible for Kotak Internet Banking?

Kotak Internet Banking service is available to all individual Savings and Current account holders, as well as credit card and loan customers. This applies to both domestic and NRI customers. In all cases, the customer must have full authority to operate the account.

How to obtain Kotak Bank Internet Banking Login ID?

You can retrieve your AxiLogin/customer ID by sending an SMS containing “CUSTID” to 5676782 from your registered mobile number. NRI customers can also get their customer ID by sending the same SMS to +919717000002. Your login ID is the same as the Customer ID mentioned in your welcome letter and cheque book sent to you after opening the account.

What are the considerations when creating a Kotak Net banking Password?

When setting your passwords, remember the following:

• The password cannot contain all the characters found in your Username. For example, if your Username is “Bob”, your password cannot be “Bobby”.
• The password must contain both digits, letters, and special characters.
• Certain special characters such as ( ) [ ] @ , : ; \” are not allowed in the password.
• Spaces are not permitted within the password.
• The password must have a minimum of 8 characters and a maximum of 28 characters.
• Your new password cannot be the same as any of your previous three passwords.

How to register for Kotak Net Banking Online?

If you have a debit card, you can immediately log in to Internet Banking using the card credentials without any additional registration process.

Conclusion:

Kotak Mahindra Bank Net Banking service offers a convenient and secure platform for managing banking transactions online. With a range of features and services, customers can easily perform fund transfers, bill payments, and other banking activities from the comfort of their homes or offices. Whether you’re an individual or a corporate customer, Kotak Net Banking provides a seamless banking experience tailored to your needs.

FAQs about Kotak Net Banking

Who is eligible for Kotak Internet Banking?

Kotak Internet Banking service is available to all individual Savings and Current account holders, credit card, and loan customers, including both domestic and NRI customers.

How can I obtain my Kotak Bank Internet Banking Login ID?

To get your AxiLogin/customer ID, simply text “CUSTID” to 5676782 from your registered mobile number. NRI customers can also get their customer ID by sending the same SMS to +919717000002.

What should I do if I’ve forgotten my Kotak Internet Banking password?

If you’ve forgotten your password, you can generate a new one online using your 16-digit ATM/debit card number and ATM PIN. Alternatively, you can request a PIN at the call center or your nearest branch.

What is the daily transaction limit for Kotak Internet Banking?

The default daily transaction limit is Rs. 5 lakh, with no maximum limit for Funds Transfer. You can increase your daily limit up to Rs. 50 lakhs through Internet Banking, with further increases processed on a case-by-case basis.

What types of fund transfers can I do through Kotak Net banking?

You can perform various fund transfers, including transfers between your own accounts, to other Kotak Bank accounts, to Other Bank’s Accounts (NEFT/RTGS/IMPS), Visa Card Payments, and Instant Money Transfers.