Kotak Mahindra Bank RTGS Form 2024 | Kotak Mahindra Bank NEFT Form 2024. Kotak bank RTGS NEFT transaction Form, timings, charges. www.kotak.com
Hello folks, Today we are going to download Kotak Mahindra RTGS NEFT Form PDF with just one click. How to fill the Kotak NEFT RTGS Form. Know Kotak Mahindra bank RTGS NEFT transaction timings and service charges. Now without any delay, let us get into the topic.
Kotak Mahindra Bank RTGS Form
First, download and take a printout of the form. In form, Mainly there are two sections. That customers should enter the details. The sections and fields to fill in the form are below.
Remitter Section:
- Account Number of the remitter
- Name of the Bank Branch
- Cheque number
- Amount in number and words
- Type of transaction (NEFT / RTGS)
- Purpose Code (This is mandatory for RTGS transaction)
Beneficiary Section:
- Beneficiary account type
- Full name of the beneficiary
- Beneficiary account number and IFSC code
- Name of the beneficiary bank
- Beneficiary bank branch address
Kotak Mahindra Bank NEFT Charges
Customers can make free RTGS transactions online. But, need to pay service charges for the transaction made in a bank branch. The Below table gives you details about Kotak Mahindra Bank RTGS charges.
| RTGS Amount (Rs) | Transactions service charge (Rs) |
| 2 Lakh to 5 Lakh | Rs. 25/- + Taxes |
| Above 5 Lakh | Rs. 50/- + Taxes |
Kotak Mahindra Bank NEFT Charges
NEFT transaction charges are applicable. Only if the transaction was made in the KM bank branch. All Nation Electronic Fund Transfer made online are free. Customers should pay charges based on the amount to transfer. This amount should add to the amount to transfer in Kotak Mahindra Bank NEFT form. The below table gives the transaction service charges for Kotak NEFT.
| RTGS Amount (Rs) | Transactions service charge (Rs) |
| Up to 10,000/- | Rs. 2.5/- (Exclusive of Taxes) |
| 10,000/- to 1,00,000/- | Rs. 5/- (Exclusive of taxes) |
| 1,00,000/- to 2,00,000/- | RS. 15/- (Exclusive of taxes) |
| Above 2,00,000/- | Rs. 50/- (Exclusive of taxes) |
Kotak Bank NEFT Timings
Online NEFT transactions can be initiated 24×7. Anyway, the Bank branch NEFT transaction has followed some timing. Below are approx timings for Kotak Mahindra bank NEFT in a bank branch.
| Banking Days | Timings |
| KM NEFT on working weekdays (From Monday to Friday) | 08:00 AM to 6:15 PM |
| KM NEFT on working Saturdays | Branch working hours |
| NEFT on Sundays and National Holidays | Transactions are not allowed |
Kotak Mahindra bank has a transaction limit based on time. The transaction limit for NEFT varies. Based on the time of transaction. The Timings and transaction limit for Kotak Mahindra bank are below.
| Transaction Time | Transaction Amount Limit |
| 00:30 to 18:30 | NEFT Existing limits |
| 18:30 to 23:30 | Customers can transfer up to 3 lakhs |
| 23:30 to 00:30 am | No transactions |
Kotak Bank RTGS Timings
Customers can make RTGS transactions online 24×7. But the transaction will process during RBI working hours. Kotak Mahindra RTGS transactions made on holidays. These transactions will process on the next RBI working day. Timings for Kotak Mahindra RTGS are below.
| Banking Days | Timings |
| RTGS on working weekdays (From Monday to Friday) | Before 5:45 PM |
| RTGS on working Saturdays | Before 1:00 PM |
| RTGS on Sundays and National Holidays | Transactions are not allowed |
How to Download Kotak Mahindra Bank NEFT Form | RTGS Form PDF
Folks, You are just one click away from the Kotak RTGS / NEFT form. Yes, You can just click on the below button. To download Kotak Mahindra Bank RTGS NEFT pdf form. It will open another page showing form. Click on the link.
Useful Links for Kotak Mahindra NEFT & RTGS Transactions
For more information. You can visit the Kotak Mahindra bank website link given below.
Kotak NEFT: https://www.kotak.com/content/kotakcl/en/digital-banking/insta-services/money-transfer/neft.html
Kotak RTGS: https://www.kotak.com/content/kotakcl/en/digital-banking/insta-services/money-transfer/rtgs.html
Frequently Asked Questions:
Is NEFT Free in Kotak?
Yes, But NEFT transactions made online are free. Anyway, the Customer should pay some amount of service charges for transactions made in a bank branch.
How can I do an RTGS transfer in Kotak Mahindra Bank?
Customers should download Kotak Mahindra Bank RTGS / NEFT form. Enter details in the RTGS form. Submit the filled form and a cheque to a bank branch.
What is the difference between Kotak NEFT and RTGS Form?
The same application form is used for both Kotak Mahindra NEFT and RTGS transactions.