How to Register, Login and Use Kotak Net Banking Online? | News click

In this era of technology, discover how to utilize Kotak Net Banking, from registration to getting started, all with the help of Netbanking360 under one platform.

Kotak Net Banking

Kotak Mahindra Bank is a prominent banking institution in India, offering comprehensive Net Banking or Internet Banking services to both its retail and corporate customers. Recognized by deasilex as one of the top mobile banking apps in 2021, Kotak Mahindra’s Net Banking empowers account holders with a range of convenient features. With an internet connection and a registered mobile number, customers can access various services such as fund transfers, bill payments, debit/credit card applications, opening FD/RD accounts, ticket bookings, and more without incurring additional charges.

Advantages of Kotak Net Banking:

Kotak Mahindra Net Banking offers a hassle-free banking experience, allowing users to manage their finances conveniently from the comfort of their homes or offices, 24×7. Here are some key benefits:

Account Management: Access your account balance, activity, details, un-cleared fund status, cheque status, and current exchange rates anytime.
Fund Transfers: Easily transfer funds between your own accounts, to third-party accounts within Kotak Mahindra Bank, or to accounts in other banks participating in RBI NEFT/RTGS/IMPS schemes. You can also open Term/Recurring deposits, check rates, and set up standing instructions for transfers.
Tax Filing: Seamlessly e-file your taxes through the platform.
Cheque Services: Request a cheque book, stop cheque payments, and perform other related services online.
Account Statements: Download account statements for financial or civil years, specific months, or chosen periods.
TDS Information: Inquire about Tax Deducted at Source (TDS) information on your deposits for the current and previous fiscal years.
Insurance and Pension: Register and manage your Kotak life insurance policies, as well as apply for the National Pension System (NPS).
Bill Payments: Pay utility bills, credit card bills, and recharge prepaid mobile/DTH services conveniently through Kotak BillPay.

Kotak Net Banking provides a comprehensive suite of services, empowering customers to manage their finances efficiently and securely.

Services Available Through Kotak Net Banking:

Kotak Net Banking provides convenient access to your accounts round the clock, from anywhere, empowering you to manage your daily transactions effortlessly. Here are the services you can access:

Fund Transfers: Transfer funds online between your accounts with Kotak Mahindra Bank, or to any other bank account via NEFT, RTGS, or IMPS.
Deposit Management: Book Fixed or Recurring Deposits and perform premature withdrawals online.
Profile Management: View and update your profile details such as email ID, PAN Card, Aadhaar Number, FATCA Declaration, etc., instantly.
Account Management: Check your account balance, account activity, and track cheque statuses.
Bill Payments: Pay utility bills, credit card bills, and recharge prepaid mobile/DTH accounts using Kotak BillPay.
Online Shopping: Recharge prepaid mobile and DTH accounts, and make online purchases for air/bus tickets and hotel bookings.
Transaction Requests: Place requests for cheque books, Payment Gateway registration, and various other transaction services.
Card Management: Regenerate debit card PINs, activate/deactivate debit cards, activate/deactivate international usage, and link accounts. You can also apply for new debit cards, upgrade existing ones, apply for Image debit cards, Priority Pass, and Card Protection Plan.
Statements and Securities: Download digitally signed statements, view securities available for Demat Accounts, and ensure secure online shopping with Kotak Netc@rd at over 8500 websites.
Mutual Fund Management: Invest/redeem in mutual funds online and review your current Mutual Fund portfolio.
Insurance Services: Apply for IPO/FPO/Rights Issue seamlessly using the ASBA facility, view Kotak life insurance policies, switch funds, and pay premiums online. You can also apply online for new Kotak life insurance policies.

Kotak Net Banking offers a comprehensive suite of services, allowing you to manage your finances efficiently and securely from the comfort of your home or office.

What do you need to use Kotak Online Banking service?

A computer with an internet connection.

For Windows Operating Software (O/S) Users: Internet Explorer 8.0 and above is recommended for full compatibility.
Screen resolution of 1024 x 768 (800 x 600 resolution users may still access content but might require vertical and horizontal scroll bars).

Steps to Login to Kotak Net Banking

Visit the Kotak Net Banking login page: https://www.kotak.com/en.html
Enter your User ID or CRN and the Net Banking Password provided to you.
Click on ‘Secure Login’.
You’ll be prompted to enter a One-Time Password (OTP) on the next page.
The OTP is auto-generated and sent to your registered mobile number and email ID.
Upon successful authentication, you’ll gain access to your Net Banking homepage and can begin your banking activities.

Steps to Register for Kotak Net Banking:

If you have a login ID/user ID but are accessing Internet Banking for the first time:

Click on the “First Time User” option.
Ensure you have your Customer ID, account number, registered mobile number, and debit card handy.
Enter the Customer ID, account number, and registered mobile number, then click ‘Proceed’.
Input the 16-digit debit card number, the ATM Pin, and the expiry date.
Choose the Indian rupee (INR) option in the card currency.
Please agree to the terms and conditions and then click ‘Proceed’.
Set a login password adhering to the specified rules and verify it.
You will be sent an OTP to the mobile number you have registered.
Enter the received OTP code and click ‘Submit’.
The registration process is complete, and you can now log in using the provided login ID and password.

How to register for Kotak Net Banking via Phone Banking?

Dial the Kotak customer care Phone Banking number specific to your city: 18602662666.
Provide your Customer ID and Telephone number (TIN) or debit card and PIN.
The customer care executive will assist you in initiating your Net Banking registration request.
The Bank will dispatch the IPIN (Internet Personal Identification Number) to your address within 5 working days.

How to register for Kotak Net Banking at a bank branch?

Visit the nearest Kotak bank branch and request a Net Banking registration form (individual or corporate).
Fill out the form and submit it to the Kotak Bank branch official.
The Bank will dispatch the IPIN to your registered address.

How to reset/change Kotak Net Banking password (IPIN)?

Resetting your Kotak Net Banking password (IPIN) is a breeze with these steps:

Open the official website of Kotak Bank or the mobile app.
Enter your Customer ID.
Choose one of the two methods for authenticating the transaction:

OTP (One-Time Password) on your registered mobile number and debit card details (PIN and expiry date).
The OTP has been sent to the mobile number and email address you provided during registration.

Enter the required details.
Set your new password/IPIN.
Please sign in to Kotak NetBanking using your Customer ID and the newly created IPIN.

How to Check Kotak Account Balance using Net Banking?

Log in to your Kotak Net Banking account.
Click on the ‘Accounts’ tab and then select ‘Accounts Summary’.
A list containing all your accounts will be presented.
Choose the account for which you want to check the balance.
The account balance and other relevant details will be shown on the screen.

How to update your address via Kotak Net Banking?

Visit the official website or app of Kotak Bank and log in using your customer ID and IPIN.
Once logged in, navigate to the ‘Update Contact Details’ option in the main menu, then select ‘Update Address.’
You will be presented with a list of acceptable address proof documents.
Choose one from the list and scan a self-attested copy of it for online upload.
Click on ‘Continue’ to proceed.
You will be redirected to a page where you can add and upload your address proof document.
Verify the details entered, upload the document, and click on ‘Submit.’
Your new address will be updated within 7 business days following document verification.

Channels for initiating NEFT Fund Transfer in Kotak:

Kotak Internet Banking: Transfer funds to your chosen beneficiary using your desktop or laptop.
Kotak Mobile Banking: Send money through the Kotak Mobile Banking app.
Kotak Branch: Visit your nearest Kotak Bank Branch and fill out the NEFT form to initiate a transaction.
Kotak Enet: Net banking facility specifically for Corporates.

Transaction Steps for NEFT through Kotak Net Banking/Mobile Banking:

To initiate an NEFT transaction through Kotak NetBanking or Mobile Banking, you first need to add a beneficiary. Subsequently, you can proceed to make a funds transfer or credit card payment.

For online transactions, ensure that both the NetBanking and Third-Party Funds Transfer facilities are enabled. If not registered yet, you can do so by filling out the form at your nearest Kotak Bank branch.

Steps to Add a Beneficiary for NEFT:

Adding a Kotak Bank Beneficiary:

Navigate to the PAYMENTS section and select Transfer Funds.
Choose “Other Kotak Bank Account.”
Click on “Register New Beneficiary.”
Provide the Beneficiary Nickname and Account Number/Mobile Number. Click on Get Account Details. Verify the displayed beneficiary name.
Enter the Netsecure code to complete the registration process.
Your beneficiary is now successfully registered.

Adding an Other Bank Beneficiary:

Go to PAYMENTS and select Transfer Funds.
Choose “Other Bank Account.”
Click on “Register New Beneficiary.”
Enter the Beneficiary Nickname and Account Number. Click on Get Account Details. Verify the displayed beneficiary name.
Enter the Netsecure code to complete the registration.
Your beneficiary is now registered.

Steps to Perform NEFT Funds Transfer:

Step 1: Navigate to the Fund Transfer tab and select ‘Transfer to other bank(NEFT).’

Step 2: Choose the account, beneficiary, and enter the relevant details.

Step 3: Accept the Terms and Conditions.

Step 4: Review the details, and if correct, proceed to complete the process.

Note:

The beneficiary will be activated after 30 minutes for security reasons. You can view the beneficiary in the “View Beneficiary” option under the Enquire Section.
After activation, up to Rs. 50,000 can be transferred within the first 24 hours.
An added beneficiary, with no transactions for more than 24 months, is considered a new beneficiary in all respects.
A maximum of seven beneficiaries can be added, modified, or deleted within a 24-hour period.

What information is needed for an NEFT transaction?

To initiate an NEFT remittance, the sender must provide the following details:

Amount to be remitted
Remitting customer’s account number to be debited
Name of the beneficiary bank
Name of the beneficiary
Account number of the beneficiary
Sender to receiver information, if any
IFSC code of the destination bank branch

How to make credit card payments through NEFT?

Credit card payments can be conveniently made through Kotak Bank’s NEFT service via NetBanking. Here are the steps:

Please activate both Net Banking and Third-Party Funds Transfer capabilities.
Confirm that the credit card issuing bank accepts payments via NEFT.
Obtain the correct IFSC from the credit card issuing bank.
Proceed to the Fund Transfer tab, select Transfer to other bank.
Choose the account, beneficiary, and enter the necessary details.
Accept the Terms and Conditions.
Review the details, and if accurate, confirm to complete the transaction.

What is a Kotak Bank Customer ID?

A Customer ID is a unique 9-digit number that identifies your relationship with Kotak Bank. It typically serves as your login ID for Internet Banking. Ensure to include your Customer ID in all communications with Kotak Bank.

What should I do if I’ve forgotten my Kotak Internet Banking password?

If you’ve forgotten your Kotak Internet Banking password, you can generate it online. You’ll need your 16-digit ATM/debit card number and ATM PIN. If you don’t have a debit card, request a PIN from the call center or your nearest branch. Follow the online process to retrieve your password.

What is the maximum daily transaction limit for Kotak Internet Banking?

The default daily transaction limit is Rs. 5 lakh. There’s no maximum limit for Funds Transfer. You can increase your daily limit up to Rs. 50 lakhs via Internet Banking. For limits beyond Rs. 50 lakhs, submit a request, which will be processed on a case-by-case basis.

What kinds of fund transfers are possible using Kotak Netbanking?

You can perform the following fund transfers:

Transfer between your own accounts.
Transfer to another Kotak Bank account.
Transfer to accounts in other banks via NEFT/RTGS/IMPS.
Visa Card Payment.
Instant Money Transfer.

Who is eligible for Kotak Internet Banking?

Kotak Internet Banking services are available to all individual Savings and Current account holders, as well as to credit card and loan customers. This eligibility extends to both domestic and NRI customers, provided they have full authority to operate the account.

How to obtain Kotak Bank Internet Banking Login ID?

You can obtain your AxiLogin/customer ID by sending an SMS “CUSTID” to 5676782 from your registered mobile number. NRI customers can also receive their customer ID by sending the same SMS to +919717000002. Your login ID is the same as the Customer ID mentioned in your welcome letter and in the cheque book sent to you after opening the account.

What are the considerations for creating Kotak Netbanking Password?

When setting your password, remember the following points:

Please ensure that your password does not only include characters from your username. For example, if your username is “Bob”, your password cannot be “Bobby”.
The password must include both digits and letters, as well as special characters.
Special characters such as ( ), [, ], @, ,, :, ;, \ are not allowed in the password.
There should be no spaces within the password.
The password must consist of 8 to 28 characters.
Your new password cannot be the same as any of your previous three passwords.

How to register for Kotak NetBanking Online?

If you have a debit card, you can immediately log in to Internet Banking using the card credentials without any additional registration process.