Kotak Mahindra Bank to Adjust Debit Card, Transaction, and Third-Party Fees Starting April 1

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Kotak Mahindra Bank Hikes Fees: Debit Cards, Transactions Cost More From April 1

Kotak Mahindra Bank Hikes Fees: Debit Cards, Transactions Cost More From April 1

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CNBC TV18•04-03-2026, 07:39

Kotak Mahindra Bank Hikes Fees: Debit Cards, Transactions Cost More From April 1

•Kotak Mahindra Bank will revise various account fees and charges, effective April 1.
•ECS/NACH transaction failure fee: ₹500 for the first failure, ₹550 for subsequent ones.
•Debit card issuance and annual fees are increasing for EveryDay and Pay Shop More cards.
•Monthly cash transaction limits for programme customers: 3 free transactions or ₹1,00,000 combined value.
•New third-party cash transaction fee: ₹25,000 monthly free limit, then ₹5 per ₹1,000 (minimum ₹150).

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