Charges for non maintenance of minimum quarterly average balance |
With Cheque facility
Rs 750
without Cheque facility
NA |
Overdraft interest |
Rs 250 |
Cash Transaction |
Transaction Charge for Partner banks - Free |
Cash Transaction Withdrawal |
Cash withdrawal at Kotak Bank ATMs - Free
Transaction Charge for Non-Partner banks (International Transactions - additional input from the Bank) - Rs.90 |
Debit Card Fees |
Membership fee - Free
Annual Fee - Free for Life |
Balance inquiry at Other banks |
Transaction Charge for Non-Partner banks (International Transactions - additional input from the Bank)
Domestic - Free
International - Rs.15 |
Debit card renewal charges |
Renewal Charges(issue of new plastic after the expiry of the original plastic) - Free |
Replacement of Debit Card |
Damaged Card: Free Lost Card: Rs.100 |
Issue of DD drawn on base Bank/banks branch by cheque/transfer |
Free upto Rs.5 lakhs per annum Rs.2.50 per 1,000 (Min.Rs.50 & Max.Rs.5,000) above the free limit
Note:The per annum free amount is an overall limit for both DDs & BCs on branch & non-branch locations
DD-Duplicate
DD Cancellation Chgs + DD Issuance charges
Through other bank
Free upto Rs.5 lakhs per annum Rs.2.50 per 1,000 (Min.Rs.50 & Max.Rs.5,000) above the free limit
DD-Duplicate
DD Cancellation Chgs + DD Issuance charges |
DD cancellation/Revalidation |
DD-Cancellation - Rs.100
DD-Revalidation - Rs.100
Through other bank
DD-Cancellation - Rs.100
DD-Revalidation - Revalidation is not done, fresh DD is issued subject to issuance charges |
Statement/Duplicate Account Statement |
Issue of duplicate statement:
Branch/Phone Banking: Rs.100 for 90 days ATM/Internet: Rs.50
Frequency of Account Statement - Monthly
Issue of Account Statement on adhoc basis:
Branch Banking: Rs. 100 for 90 days ATM Rs. 50 for 90 days; Weekly Statement: 300 per qaurter; Daily Statement: Rs. 1500 per quarter |
Cheque Books |
Issue of loose cheque leaves NA |
Pass Book |
Issue of duplicate pass book - Rs 250 |
Outstation cheque collection |
Outstation through own bank - Free
Outstation through another bank - Correspondent bank charges |
Return of Cheque |
Bouncing of cheques- Local:
Deposited & Returned - Rs.300** Issued & Returned - Rs.300
Bouncing of cheques- outstation- through own bank Rs.300
Bouncing of cheques- outstation- through another bank Rs.300 |
Stop Payment for individual cheque or a range of cheques |
Rs.100 |
Closure of Account |
Rs.600 if closed within 6 months. Else no charges |
Interest Certificate |
Current Year: Free
Previous Year: Rs.100 |
Balance Certificate |
Current Year: Free
Previous Year: Rs.100 |