Kotak Mahindra Bank offers an array of credit card to suit the needs of different people. Along with the variety of cards, it also provides a host of payment methods which you can use according to your own convenience. Choose between 5 online methods and 4 offline methods.
The modes of payment have quick turnarounds and can be reflected in your credit card account within 24 hours to 5 working days. Never miss a payment with these convenient modes of credit card payment .
WebPAY:Using WebPAY you can make payments on your credit card from the comfort of your own home or office. The payment can be made from any non-Kotak Mahindra Bank savings account. More than 30 major banks are listed for this service.
To make the payment, follow these simple steps.
|Kotak Mahindra Credit Card Bill Payment - Online 2018|
The amount will be credited within 3 working days.
IMPS: This service can be used through the mobile banking application. Download the app and generate an MPIN to activate the app. Follow these simple steps to make the payment.
Once this is done, you will receive the transaction details and an SMS confirmation. This mode can take up to 24 hours to be processed.
Net Banking - Register for the Net Banking facility provided by Kotak Mahindra Bank. You can make payments easily through the online portal from your Kotak Mahindra Bank savings or current account. On the home page, select the credit card option, then go to Payments and choose the “Make Payment” option. This mode can take up to 24 hours to be processed.
Make Credit Card Bill through NEFT - Through the National Electronic Funds Transfer, you can make payments on your credit card from any other bank account. Login to your bank’s online banking portal and select Funds Transfer. Opt for NEFT and add Kotak Credit Card to your registered Payee List.
You can then enter the details for the transfer as follows:
This payment will reflect in your account within 2 to 3 working days.
VISA Payment - Login to your online banking account and register your Kotak credit card for VISA Payment. This mode of payment is easy and convenient. It takes up to 2 to 3 working days to be processed. Simply enter the amount you want to pay towards your credit card bill
Over the Counter - Visit any Kotak Mahindra Bank Branch to make payments in cash. It will take 24 hours to reflect in your account. This service is provided at a fee of Rs. 75 + service tax.
Drop boxes - If you choose to pay by cheque, you can drop it off at any of the boxes available at ATMs and bank branches. The cheque should be in favour of “Kotak Mahindra Bank Card A/c followed by your 16-digit Card number.” Only local cheques are accepted. This mode of payment can take up to 5 working days for it to be processed.
Auto debit - Kotak Mahindra account holders can place an instruction with the bank to automatically pay your credit card bill every month. You can choose to pay the minimum due or the total amount from your bank account.
This way you will never have to worry about payment due dates and late payment charges. You need to download the Auto Debit Form and send a signed copy by courier or fax to Kotak Mahindra Bank. You can also submit the form at a branch.
Your bank account should be a single account or a joint account with an 'any' or 'either' signing mandate.
Phone Banking - You can call the Kotak Credit Card Customer Service and select the option of Banking. Speak to a customer care executive and request a transfer to your Kotak Credit Card account. This mode of payment can be made only from your Kotak savings or current account. It will take up to 24 hours to reflect in your credit card account.
Your credit card statement will contain all details relating to your Kotak Mahindra Bank Credit Card. You will receive a statement monthly via post or email.
This statement will detail your credit limit available, credit limit used, the transactions and charges on your card, the interest rate, the total amount payable, minimum due, payment due date and more.
This is a complete document with the information you need on your credit card. The statement is generated on the billing date and is sent to you. It is important to check your statement to ensure all charges are correct.
What Are The Charges For Late Payment: In case you miss the payment due date, you will be charged according to your outstanding balance.
|Up to Rs. 500||Rs. 100|
|Rs. 500.01 to Rs. 5,000||Rs. 400|
|Rs 5,000.01 to Rs. 10,000||Rs. 500|
|Above Rs. 10,000||Rs. 700|
You can make a cash payment at any Kotak Mahindra Bank Branch during the working hours of the bank. Each branch’s timings vary. Please visit the Kotak Mahindra website to locate a branch near you and view its working hours.
Use the IFSC Code is KKBK0000958 to initiate a NEFT transaction. The bank branch is “Main Branch Mumbai”.
You can pay cash at any Kotak Mahindra Bank Branch. You can also use the options of cheque, IMPS, NEFT, WebPAY and VISA Credit Card Payments to clear your credit card dues from any other bank account.
Check Other Credit Card Bill Payment Online 2018
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