Is Kotak 811 physical debit card free?
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Is Kotak 811 physical debit card free?
The physical Debit Card can be availed at a charge of Rs. Kotak 811 #DreamDifferent physical Debit Card is not given to 811 Lite customers. Kotak 811 Lite customers are issued a Virtual Prepaid Card. Once the Full KYC for the account is completed, physical debit card can be availed.
How much does Kotak charge for debit card?
Note: All domestic / international Non Kotak ATM transactions will be chargeable for Easy Pay Debit Card (Rs. 20 per domestic financial transaction, Rs. 8.5 per non-financial domestic transaction, Rs….Fees and Charges.
| Fee Types | Fees |
|---|---|
| Annual Fees | Rs 250 per annum + GST |
| Reissuance / Replacement Fees | Rs 200 per card + GST |
Since Kotak bank and Kotak 811 does not have any hidden charges or terms and conditions, this bank makes a perfect choice when it comes to opening an account even on a low balance.
What is physical debit card?
A physical debit card is a regular debit card offered by banks to their customers. Customers can withdraw cash from ATMs, carry out transactions at point-of-sale (PoS) terminals and online transactions. In case of offline transactions, cardholders need to key in their PIN to carry out the transactions.
What is hold balance charges?
Your account balance might be on hold fully or partially, due to: Overdue loan account or credit card payment, Towards recovery of outstanding charges pertaining to your account like non maintenance of average monthly balance, ECS bounce charges ,IPO applied for investment etc.
How many transactions are free in Kotak 811 ATM?
financial & non-financial) in a month with a cap of maximum 3 transactions (incl. financial & non-financial) @ nil charges in top 6 cities (Mumbai, New Delhi, Chennai, Kolkata, Bengaluru and Hyderabad), thereafter Financial Transaction – Rs. 20 / transaction and Non-Financial Transaction – Rs. 8.50 / transaction.
Does Kotak charge for virtual debit card?
Just login into the Kotak Mobile Banking App and navigate to 811 section -> virtual debit card -> Get one now. The physical Debit Card will be charged at Rs. 199 + taxes per year. You’ll need to have sufficient balance in your account to order one.
How can I deactivate my Kotak 811 physical debit card?
You can deregister physical statement by following few simple steps:
- On Mobile Banking. Login to Mobile Banking. Go to Service Request -> Account Related. Select Deregistration of Printed Statement.
- On Net Banking. Login to Net Banking. Select Service Requests under Services.
- By visiting this link.
What is difference between online card and Physical card payment?
Cash Withdrawal While online transactions are gaining traction in our country. Cash is still preferred and widely accepted as a means of transaction. Physical debit cardholders can withdraw cash from ATMs. You need a physical card if you carry out multiple cash transactions.