Kotak upi charges

From 1st May 2019, first 30 UPI fund transfers in a month will continue to be free and any subsequent UPI transactions will be charged as
Below or equal to  1,000₹,  2.50₹ per transaction
Above  1,000₹,  5.00₹ per transaction
18% gst applicable*
Terms & Conditions: •Merchant payments, online shopping, bill payments etc done via UPI will continue to be free and will not be considered under UPI fund transfers
•Every month, for each bank account, first 30 UPI fund transfers will continue to be free
•Above mentioned charges (as per the table) will be applicable for all fund transfers done via UPI using Kotak Bank account irrespective of the Apps used eg. Google Pay, PhonePe, Paytm etc. 
 •Money transfer to any bank account using a/c no & IFSC code will also be considered within those 30 UPI funds transfers & same charges will be applicable (as mentioned in the above table)
•In future, Kotak Bank has the right to revise the above mentioned charges and the same shall be communicated to customers 30 days prior to the effective date.