Kotak 811 : Change in debit card related charge...

Kotak 811 : Change in debit card related charges w.e.f Apr 2019

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Dear Customer,

There are revisions in Debit Card related charges which will be effective from 1st April, 2019.

• A charge of 25 + GST will be applicable if any transaction is declined due to insufficient funds in your account. These charges will be applicable on transactions done at a ATMs/merchant outlet/websites.

• A charge of 1% on the transaction amount + GST will be applicable on Cash withdrawal transactions from merchant outlets ([email protected] PoS).
Please refer to your account GSFC for complete details. Visit www.kotak.com/en/gsf...ml

This will be applicable to transactions via physical as well as Virtual debit card.

Thank you for banking with us!

Warm regards,
Kotak Mahindra Bank

Source: Email notification

2 Comments  |  
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Me too got this email

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Thank god didnot used the account seriously.

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