Kotak Mahindra Bank Debit Card

Overview of Kotak Mahindra Bank Debit Card:

Kotak Mahindra Bank, with its headquarters in Mumbai, is the fourth biggest private sector bank in India in terms of market capitalization. This bank may be one of those that offer maximum customized and need-based debit cards to their clientele. Not only do they remove the need to take hard cash or cheques to handle funds or purchases, but they also come with several incredible perks. Let us see how in detail below.

Types of Kotak Mahindra Debit Cards:

1. Infinite Wealth Management
2. Privy League Signature
3. Privy League Platinum
4. Access India
5. Gold
6. Classic
7. Platinum
8. Jifi Platinum
9. Business Power
10. Business Class
11. RuPay

Infinite Wealth Management:

• Gain access at every mercantile and ATMs that receive VISA cards globally.
• Accessible as Chip Card only and comes with extra safety aspects.
• Enjoy three privileged access to select Indian airport lounges every calendar quarter.
• Priority Pass to gain access to over 700 plush VIP airport lounges in around 120 nations and 400 metros internationally. This is the world’s biggest airport lounge access program offered by any bank.
• Round-the-clock VISA Concierge is available and Global Customer Assistance.
• Fabulous offers and rebates at Merchant Outlets in groups like Fine Dining, Travel, Lifestyle, Health and Fitness.

Transaction limit per day: Shopping limit is INR 5 lacs and the same for withdrawing cash from ATMs is INR 4 lacs.

Insurance Cover:

Kotak Mahindra RuPay Debit Card:

• Enjoy access to every Indian ATM with a RuPay logo
• ATM money withdrawal upper limit for a day is INR 10,000
• Personal Accident Cover of INR 1 lac and it also indemnifies accidental demise and complete and permanent impairment
• SMS or email alert on your given mobile number and email id for each card transaction

Privy League Signature:

• Gain access at every mercantile and ATMs that receive VISA cards globally.
• Accessible as Chip Card only and comes with extra safety aspects.
• Enjoy two privileged access to select Indian airport lounges (Delhi, Chennai, Hyderabad & Bangalore) every calendar quarter.
• Priority Pass to gain access to over 700 plush VIP airport lounges in around 120 nations and 400 metros internationally. This is the world’s biggest airport lounge access program offered by any bank.
• Additional fuel charges will be waived off (up to 2.5%) with every fuel purchase.
• Round-the-clock VISA Concierge is available and Global Customer Assistance.
• Fabulous offers and rebates at Merchant Outlets in groups like Fine Dining, Travel, Lifestyle, Health and Fitness.
• Ceaseless VISA Global Customer Assistance Services (GCAS) to report if your card gets lost or stolen, in case of emergency debit card replacement and to raise general queries or concerns from India or abroad.

Transaction limit per day: Shopping limit is INR 4 lacs and the same for withdrawing cash from ATMs is INR 3 lacs.

Insurance Cover:

Privy League Platinum:

• Gain access at every mercantile and ATMs that receive VISA cards globally.
• Accessible as Chip Card only and comes with extra safety aspects.
• Priority Pass to gain access to over 700 plush VIP airport lounges in around 120 nations and 400 metros internationally. This is the world’s biggest airport lounge access program offered by any bank.
• Additional fuel charges will be waived off (up to 2.5 percent) with every fuel purchase.
• Round-the-clock VISA Concierge is available and Global Customer Assistance.
• Fabulous offers and rebates at Merchant Outlets in groups like Fine Dining, Travel, Lifestyle, Health and Fitness.
• Ceaseless VISA Global Customer Assistance Services (GCAS) to report if your card gets lost or stolen, in case of emergency debit card replacement and to raise general queries or concerns from India or abroad.

Transaction limit per day:

Insurance Cover:

Kotak Mahindra Access India Debit Card:

• Gain access at every mercantile and ATMs that receive VISA cards globally.
• Accessible as Magnetic Chip Card only.
• Fabulous offers and rebates at Merchant Outlets in groups like Fine Dining, Travel, Lifestyle, Health and Fitness.

Transaction limit per day: Shopping limit is INR 1.5 lacs and the same for withdrawing cash from ATMs is INR 75,000.

Insurance Cover:

Kotak Mahindra Gold Debit Card:

• Gain access at every mercantile and ATMs that receive VISA cards globally.
• Accessible as Magnetic Strip as well as Chip Card with added protection.
• Additional fuel charges will be waived off (up to 2.5 percent) with every fuel purchase.
• Fabulous offers and rebates at Merchant Outlets in groups like Fine Dining, Travel, Lifestyle, Health and Fitness.
• Ceaseless VISA Global Customer Assistance Services (GCAS) to report if your card gets lost or stolen, in case of emergency debit card replacement and to raise general queries or concerns from India or abroad.

Transaction limit per day: Shopping limit is INR 1.75 lacs and it is the same for withdrawing cash from ATMs too.

Insurance Cover:

Kotak Mahindra Classic Debit Card:

• Gain access at every mercantile and ATMs that receive VISA cards globally.
• Fabulous offers and rebates at Merchant Outlets in groups like Fine Dining, Travel, Lifestyle, Health and Fitness.
• Ceaseless VISA Global Customer Assistance Services (GCAS) to report if your card gets lost or stolen, in case of emergency debit card replacement and to raise general queries or concerns from India or abroad

Daily Fund Transaction Limit:

Insurance Cover:

Kotak Mahindra Platinum Debit Card:

• Gain access at every mercantile and ATMs that receive VISA cards globally.
• Accessible as Chip Card only and comes with extra safety aspects.
• Enjoy three privileged access to select Indian airport lounges (Delhi, Chennai, Hyderabad & Bangalore) every calendar quarter.
• Priority Pass to gain access to over 700 plush VIP airport lounges in around 120 nations and 400 metros internationally. This is the world’s biggest airport lounge access program offered by any bank.
• Additional fuel charges will be waived off (up to 2.5 percent) with every fuel purchase.
• Round-the-clock VISA Concierge is available and Global Customer Assistance.
• Fabulous offers and rebates at Merchant Outlets in groups like Fine Dining, Travel, Lifestyle, Health and Fitness.
• Ceaseless VISA Global Customer Assistance Services (GCAS) to report if your card gets lost or stolen, in case of emergency debit card replacement and to raise general queries or concerns from India or abroad.

Daily Fund Transaction Limit:

Insurance Cover:

Kotak Mahindra Jifi Platinum Debit Card:

• Gain access at every mercantile and ATMs that receive VISA cards globally.
• Accessible as Chip Card only and comes with extra safety aspects.
• Priority Pass to gain access to over 700 plush VIP airport lounges in around 120 nations and 400 metros internationally. This is the world’s biggest airport lounge access program offered by any bank.
• Round-the-clock VISA Concierge is available and Global Customer Assistance.
• Fabulous offers and rebates at Merchant Outlets in groups like Fine Dining, Travel, Lifestyle, Health and Fitness.
• Ceaseless VISA Global Customer Assistance Services (GCAS) to report if your card gets lost or stolen, in case of emergency debit card replacement and to raise general queries or concerns from India or abroad.

Transaction limit per day: Shopping limit is INR 2 lacs and it is the same for withdrawing cash from ATMs too.

Insurance Cover:

Kotak Mahindra Business Power Debit Card:

• Gain access at every mercantile and ATMs that receive VISA cards globally.
• Accessible as Chip Card only and comes with extra safety aspects.
• Priority Pass to gain access to over 700 plush VIP airport lounges in around 120 nations and 400 metros internationally. This is the world’s biggest airport lounge access program offered by any bank.
• Fabulous offers and rebates at Merchant Outlets in groups like Fine Dining, Travel, Lifestyle, Health and Fitness.
• Ceaseless VISA Global Customer Assistance Services (GCAS) to report if your card gets lost or stolen, in case of emergency debit card replacement and to raise general queries or concerns from India or abroad.

Transaction limit per day: Shopping limit is INR 2.5 lacs and the same for withdrawing cash from ATM is INR 2 lacs.

Insurance Cover:

Kotak Mahindra Business Class Debit Card:

• Gain access at every mercantile and ATMs that receive VISA cards globally.
• Accessible as Magnetic Strip as well as Chip Card with added protection.
• Fabulous offers and rebates at Merchant Outlets in groups like Fine Dining, Travel, Lifestyle, Health and Fitness.
• Ceaseless VISA Global Customer Assistance Services (GCAS) to report if your card gets lost or stolen, in case of emergency debit card replacement and to raise general queries or concerns from India or abroad.

Daily Fund Transaction Limit:

Insurance Cover:

Blocking a Kotak Mahindra Debit Card

In cases where a customer’s debit card is lost or stolen, they will have to block it to prevent any misuse. The following are the methods and steps to block a Kotak Mahindra debit card.

Internet Banking

Kotak Mahindra Bank provides its customers with the facility of blocking their debit card using their internet banking website. The option is available on the website’s home page and customers can report and block their debit card online.

Email

An email can be sent to the customer support desk to make a written request to block the customer’s debit card. The bank will send a confirmation email when the card has been blocked.

Customer Care Number

Customers can also call the Kotak Mahindra Bank toll free number to block their debit card. The customer will have to provide details such as their account number, card CVV number, date of birth, and most recent transaction details.

Visiting the Nearest Bank Branch

If the above-mentioned options are not feasible, customers can visit the nearest Kotak Mahindra Bank branch and request for their debit card to be blocked.

Kotak Mahindra Debit Card Offers:

• Every Kotak Mahindra Debit Card offers unique discounts on special days such as Mother’s Day, National Holidays, Raksha Bandha and more.
• You also get great rebates and incredible offers from partner companies like Goibibo, pepperfry, agoda.com, Big Basket, YepMe, MakeMyTrip and more.

Kotak Mahindra Bank Debit Card

Kotak World Debit Card

• Customers can receive special MasterCard rates or privileged access to some of the best golf courses.
• Kotak World Debit Card holders also have access to airport lounges across the country.
• When customers purchase fuel at all stations across India, they save more with the Fuel Surcharge waiver offered by the card. A fuel surcharge waiver of 2.5% is given on purchases that amount to Rs.20,000 in a month. It should be noted that the fuel surcharge will be levied when the fuel is bought, but will be refunded during the following month.
• Customers can use the card to make online payments. Additional security features of the card include a One-Time Authorisation Code (OTAC) that is sent for every transaction to the registered mobile number and email ID of the customer.
• The Kotak World Debit Card also offers special discounts and deals at various retail outlets.
• This is a chip card, providing increased transaction security. All debit cards that are chip-enabled can be used internationally as well.

Daily Fund Transaction Limit:

Insurance Cover:

* All items bought with the Kotak World Debit Card are protected against fire, housebreaking, and burglary for up to 60 days from the purchase date.

Classic One Debit Card

• The Classic One Debit Card provides customers access to great discounts and deals at various retail stores and for online purchases.
• Customers can also benefit from SMS alerts on their mobile phones for all transactions that were done using the card.
• The Classic One Debit Card can only be used in India.

Daily Fund Transaction Limit:

FAQs:

1. Can I use my Kotak Mahindra Debit Card for global transactions?

All Chip Debit Cards are by norm designed for national as well as overseas use. Every (Non Chip) Debit Cards distributed prior to 1st December 2013 are made for global use and those fashioned after that cannot be utilized outside India.

2. In case I forget my PIN, how do I regenerate it?

You can restore your 6-digit Debit Card PIN by 2 simple means:

• Log in to internet banking at www.kotak.com or log in to Kotak Mobile Banking App
• Call their 24 hours Customer Service Centre and they will guide you on regenerating the PIN.

3. What is the eligibility benchmark to get Personal Accident Cover on my RuPay Debit Card?

The claim as per the Accidental Demise and/ or Permanent Disability must be owed only if the RuPay card user has performed at least one effective purchase (Point of Sale) at a mercantile or at ATM.

4. What can I do if I mislay my Kotak Debit Card abroad?

To notify bank the loss of your Kotak Debit Card, you can call the given numbers below and block the card.

5. How can I use the Temporary Block facility?

In case you misplace your Kotak debit card at home, office, or anywhere else that you think you can easily find it from, then you can use the Temporary Block facility on the bank’s Net Banking portal. This feature works in real time and allows you to block the card temporarily. When you find your card, you can unblock it, as per your convenience. If you are unable to retrieve your card, you can contact the bank and permanently block the debit card.

6. What is a Chip card?

A Kotak debit card with a microchip embedded on the plastic is called a Chip card. This type of card is difficult to tamper with, and it provides increased security to your transactions. You can request for a Chip Kotak debit card through any of the following routes:

• Log in to Kotak Net Banking facility. Click on ‘Banking’. Select ‘Debit Cards’, and click on ‘New Debit Card’.
• Call the 24 hour Customer Care Centre of the bank at 1860 266 2666.
• Visit the nearest branch of Kotak Mahindra Bank.

7. Is it possible for me to change the daily ATM withdrawal and purchase limits of my Kotak debit card?

Yes, this is possible. You should call the 24 hour Customer Care Centre at 1860 266 2666 for modifying the limits, so that it reflects the default limits. In order to increase the default limits, you should visit the nearest branch of Kotak Mahindra Bank.

8. What is the transaction fee for swiping my Kotak debit card at fuel pumps and for booking railway tickets?

When you use your Kotak debit card, the following transaction charges are applicable:

• At fuel stations - Rs.10 or 2.5% of the transaction amount, whichever is greater.
• Railway ticket booking at IRCTC - Up to 1.8% Payment Gateway charges.

9. When does the fuel surcharge waiver take effect?

For qualifying transactions done in a calendar month using eligible Kotak debit cards, the fuel surcharge is reimbursed by the 12th of the next month.

10. My Kotak debit card has been stolen. What are the next steps?

In case your Kotak debit card is stolen, lost, or damaged, you should immediately get it blocked in any of the following ways:

• Log in to the Net Banking portal and request for the card to be blocked.
• Call the 24 hour Customer Contact Centre of the bank at 1860 266 2666 and raise a request.
• Using the SMS facility, SMS DCBLOCK XXXX, where XXXX is the last four digits of your Kotak debit card number.
• Visit the nearest branch of Kotak Mahindra Bank and place a request.