What is the minimum & maximum amount for Kotak Mahindra Bank Credit Card Balance Transfer?

The minimum amount for the Kotak Mahindra Bank Credit Card Balance Transfer is Rs.2,500. The maximum amount for the Kotak Mahindra Bank Credit Card Balance Transfer goes up to 75% of the total credit card balance available on the card.

Can I cancel the Balance Transfer facility post booking?

No, Kotak Mahindra Bank does not allow you to cancel the Credit Card Balance Transfer facility once you have booked it.

I have applied for Kotak Mahindra Bank balance transfer but did not receive the amount?

You can directly get in touch with the bank in this regard and raise your concern. You can use the complaint section under the Net Banking portal, Mobile Banking application, or even through the customer care of the bank.

How can I transfer my Kotak Mahindra Bank credit card balance?

If you have a credit card which is issued by some other bank, you can check if you are eligible for a credit card balance transfer to that card. In general, banks offer the facility to selected credit cards in their line-up. If your credit card is eligible for the same, you can transfer your Kotak Mahindra Bank credit card balance.

Is it smart to do a balance transfer on a Kotak credit card?

Considering the fact that Kotak Mahindra Bank offers the facility to transfer balance and not charge any interest on the same, it is a smart decision to opt for the balance transfer. However, it should be kept in mind that the interest will not be charged on the balance transfer amount only if it is paid off within 90 days from the date of transfer. In case the full payment is not made within the stipulated time bracket, interest will be charged on the payable amount.

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Kotak Mahindra Credit Card Balance Transfer

Updated On - 26 Sep 2025

Kotak Mahindra Bank offers its customers the unique opportunity to transfer all their other Bank Credit Card outstanding amount to the Kotak Credit Card account at low rate of interest through its Balance Transfer Facility.

Features and Benefits of the Kotak Mahindra Bank Credit Card Balance Transfer

Once the Balance Transfer is completed, Kotak Mahindra Bank does not charge interest on any subsequent purchases made. However, the customer has to make sure that the amount of credit used for the purchases is repaid in full by the due date.
The processing fee that is levied per Rs.10,000 is Rs.349.
Additional charges applicable are education cess and service tax that will be levied based on the statutory regulations related to the interest and other charges on the credit card.
The minimum amount that qualifies for a Balance transfer is Rs.2500 and the maximum amount that can be transferred to your Kotak Mahindra Bank Credit Card account is up to 75% of the credit limit allotted to you by the Bank.
Kotak Mahindra Bank offers credit card balance transfer facility only to those cardholders who have been holding the credit card for more than 6 months.

Other Bank's Credit Card Balance Transfer

Transaction Fee and Charges

Kotak Mahindra Bank charges a processing fee of Rs.349 (plus applicable taxes) for every Rs.10,000 for the Credit Card Balance Transfer facility.

Eligibility and Documents Required for Kotak Mahindra Bank Credit Card Balance Transfer

The eligibility criteria for the Kotak Mahindra Bank Credit Card Balance Transfer is a service offered by the bank to its credit card customers. The following criteria have to be met in order to avail the facility:

The minimum amount for the balance transfer should be at least Rs.2,500.
The maximum amount for the balance transfer cannot be more than 75% of the total credit limit available on your Kotak Mahindra Bank Credit Card.
Your Kotak Mahindra Bank Credit Card must have been issued to you and should be active for more than 6 months.
Eligibility for the balance transfer will be subject to the credit and bureau checks.

Kotak Mahindra Bank does not require you to provide any special documentation for the process of the credit card balance transfer.

How to Apply for the Kotak Mahindra Bank Credit Card Balance Transfer Facility

Customers can avail the Balance Transfer Facility by way of Net Banking, SMS or by contacting the Kotak Mahindra Bank customer care.

Net Banking

In order to avail the balance transfer facility via Net Banking, follow the steps given below:

Log in to your Net Banking profile by entering your Customer ID and password
Click on the 'Credit Card' option
Choose the option for 'Balance Transfer on EMI' from the menu and enter the relevant details.

Mobile Banking

You can also download the Kotak Mobile Banking application from the Google Play Store (for Android users) or the App Store (For iOS users) and use the same to avail this facility. The steps are mentioned below:

Log in to the app using your Customer ID and password
Click on the 'Credit Card' option
Choose the option for 'Balance Transfer on EMI' from the menu and enter the relevant details.

SMS

You can avail the balance transfer facility via SMS as well. In order to do so, send an SMS to 5676788 with the text BT. The Bank will contact you with details for processing the Balance Transfer.

Customer Care

You can also contact the Kotak Mahindra Bank customer care that is available around the clock, at 1860 266 2666 in order to place a Balance Transfer request. They will assist you with the same.

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FAQs on Kotak Mahindra Credit Card Balance Transfer

What is the minimum & maximum amount for Kotak Mahindra Bank Credit Card Balance Transfer?
The minimum amount for the Kotak Mahindra Bank Credit Card Balance Transfer is Rs.2,500. The maximum amount for the Kotak Mahindra Bank Credit Card Balance Transfer goes up to 75% of the total credit card balance available on the card.
Can I cancel the Balance Transfer facility post booking?
No, Kotak Mahindra Bank does not allow you to cancel the Credit Card Balance Transfer facility once you have booked it.
I have applied for Kotak Mahindra Bank balance transfer but did not receive the amount?
You can directly get in touch with the bank in this regard and raise your concern. You can use the complaint section under the Net Banking portal, Mobile Banking application, or even through the customer care of the bank.
How can I transfer my Kotak Mahindra Bank credit card balance?
If you have a credit card which is issued by some other bank, you can check if you are eligible for a credit card balance transfer to that card. In general, banks offer the facility to selected credit cards in their line-up. If your credit card is eligible for the same, you can transfer your Kotak Mahindra Bank credit card balance.
Is it smart to do a balance transfer on a Kotak credit card?
Considering the fact that Kotak Mahindra Bank offers the facility to transfer balance and not charge any interest on the same, it is a smart decision to opt for the balance transfer. However, it should be kept in mind that the interest will not be charged on the balance transfer amount only if it is paid off within 90 days from the date of transfer. In case the full payment is not made within the stipulated time bracket, interest will be charged on the payable amount.
How can I transfer money from my Kotak credit card without any charges?
You will be required to pay a processing fee of Rs.349 (plus applicable taxes) for every Rs.10,000 for the Credit Card Balance Transfer facility offered by Kotak Mahindra Bank.

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