Kotak Mahindra Mobile Banking

Updated: 29-05-2024 06:42:12 AM

Kotak Mahindra Mobile offers numerous banking features and benefits that customers can avail to easily check account balance, transfer funds, manage bills and much more. While accessing your Kotak Mobile Banking app, you can avail various services, such as banking, shopping, travelling, shopping, payment, investment and much more. In order to avail this facility, it is required that your mobile number should be registered with the respective Kotak bank account. Let us read in detail about the steps to register for mobile banking and Kotak Mahindra bank mobile banking services, types, features, benefits and much more. 

Steps to Register for Kotak Mahindra Mobile Banking

Follow the steps mentioned below to activate Kotak Mahindra Mobile Banking services:

Step 1: You need to download Kotak Mahindra’s official mobile banking app from the app store
Step 2: You have to launch the app and enter Customer Relation Number (CRN)
Step 3: Once you have entered the CRN, you can either use your debit/credit card numbers or your net banking credentials to authenticate your account
Step 4: Now, you need to set a 6-digit MPIN
Step 5: Once the MPIN is set, you will get a verification code on your registered mobile number
Step 6: You need to enter the code to activate the mobile banking services

Note: To register for Kotak Mahindra’s mobile banking services, it is important to register your mobile number with the bank. 

Services offered under Kotak Mahindra Mobile Banking

Following are the services offered by Kotak Mahindra Mobile Banking:

• Check balance of savings & current accounts
• View past transactions
• Account overview
• Request for account statement
• Open Term Deposit
• Open Recurring Deposit
• View Term & Recurring Deposits
• e-statement
• Positive pay
• Term Deposit Calculator
• View Term Deposit Rates
• Premature Withdrawal of FD/RD
• View MMID
• Modify MMID

Types of Kotak Mahindra Mobile Banking Apps

Kotak811

• Access to Account Details
• Instant UPI Payments
• FD in 3 simple steps
• Access Active Money
• Image Debit Cards

Kotak ‘fyn’ (For Your Need)

• Corporate Banking
• Digital Funds Transferring
• Loans, Payment & Account Services
• Collections and Payments Services
• Trade/Forex

Kotak AllPAY

• Payment Solutions for Merchants
• White-labelled Wallet
• E-invoicing
• Scan & Pay
• For Aggregators

Kotak BHIM

• UPI Payments
• Scan & Pay
• Instant and secure money transfers
• Exclusive offers

Benefits of Kotak Mahindra Mobile Banking

Following are the benefits of Kotak Mahindra Mobile Banking :

• Convenient: Kotak Mahindra Mobile Banking is a convenient source which saves a lot of time. Customers need not visit the bank for queries since everything can be managed using your mobile phone device.
• 24×7 Availability: This service informs the customers about their respective accounts on a 24×7 basis
• No Charges: This mobile banking option doesn’t charge anything. You can count on it as an economical facility that tracks your bank account
• Fund Transfer: One of the useful aspects of this service is the facility to transfer funds instantly
• Safe and Secure: Kotak Mobile Banking stays protected since it involves encrypted technology for managing transactions. It is important to mark that no information is saved on the customer’s SIM card or phone
• Others Benefits: With mobile banking, you receive alerts related to pending bills

How to Login to Kotak Mahindra Mobile Banking App

Follow the steps mentioned below to login to Kotak Mahindra Mobile Banking App:

Step 1: You need to download the mobile banking app from the app store
Step 2: You have to launch the app and then click on the ‘Login’ button
Step 3: A new page will appear on the screen where you have to enter the CRN
Step 4:  In case you are a first-time user, you will have to go through the authentication process by entering debit/credit card details or net banking credentials
Step 5: If you  have already registered with the mobile banking services, you can login with your user ID and MPIN

Fund Transfer Facility with Kotak Mahindra Mobile Banking

Following are the fund transfer facilities with Kotak Mahindra Mobile Banking:

• NEFT – It is an electronic payment system that was launched in India to improve the banking experience. NEFT permits customers to transfer funds in a digital format in very less time. In order to process a Kotak NEFT transfer, it is required to download the Kotak Mahindra mobile banking app on your smartphone. The next step involves registering yourself using login credentials of net banking. You will have to feed in the details of your desired beneficiaries. Some of the necessary details related to adding a beneficiary include beneficiary’s name, account number, phone number, bank branch and IFSC code. After this step, the bank would take around thirty minutes to confirm the addition.
• RTGS: It is a preferred fund transferring method. The mobile banking facility allows access to this service using which you can transfer a minimum amount of Rs. 2 lakh. Adding a beneficiary is a must before the fund transfer action is processed.
• IMPS- IMPS service offered by Kotak Mahindra allows you to immediately send money to a beneficiary in a swift manner 24×7. Kotak Mahindra mobile banking app is the one-stop platform that offers all these fund transfer options.

Kotak Mahindra WhatsApp Banking

Kotak Mahindra Bank has launched its WhatsApp Banking service to help its accountholders receive updates or avail services through WhatsApp messaging.

• Give a missed call on 9718566655 from your registered mobile number
• You need to add ‘022-6600-6022’ to your contact list and send ‘help’ as a message to ‘022-6600-6022’ to know the list of services available

FAQs

Q. Where can I find my Customer Relation Number?

Ans. It is available on the bottom left corner of your credit/debit card. You can also know your CRN by sending a SMS ‘CRN’ to 9971056767 from your registered mobile number.

Q. Can I change my 6-digit Kotak Mahindra MPIN through mobile banking?

Ans. Yes, you can change your 6-digit Kotak Mahindra MPIN through mobile banking by launching the Kotak Mahindra mobile banking app and clicking on the ‘Forgot MPIN’ option. You will be required to authenticate your account by providing your debit card details/ net banking credentials and then you can set your new MPIN.

Q. Does Kotak Mahindra Mobile Banking App provides a fund transfer facility?

Ans. Yes, Kotak Mahindra Mobile Banking App provides the facility of transferring funds such as NEFT, RTGS and IMPS.

Q. Is it mandatory to have a debit card in order to register for Kotak Mahindra Bank mobile banking?

Ans. You need a debit card for successful activation of the Kotak Mahindra Mobile Banking app. It is suggested not to activate the app if the debit card is blocked or deactivated as it could lead to unwanted complications and delays.