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Kotak Bank Easy Pay Debit Card

Kotak Bank Easy Pay Debit Card Details

Last Updated 13th Apr 2021

  • Kotak Bank Easy Pay Debit Card can be used both offline and online.
  • Kotak Bank charges a fee of ₹ 250 as card issuance fee for issuing the Kotak Bank Easy Pay Debit Card signature card.
  • The card can be attained via net banking, written request to the bank or by contacting the bank’s customer care.
  • With Kotak Bank Easy Pay Debit Card, you can withdraw cash without any limit.
  • In addition to that, there is no purchase limit on Kotak Bank Easy Pay Debit Card.
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Kotak Bank Easy Pay Debit Card Overview

Kotak Bank Easy Pay Debit Card is a Visa card and is amongst the various customer-oriented and beneficial debit cards offered by Kotak Bank. The card can be attained from the bank through both offline and online mediums such as net banking, written application or by contacting the bank’s customer care. It can be used to withdraw cash, for balance enquires, to deposit funds and for making online and offline payments.

Features
  • The card enables tracking of day-to-day real-time expenses.
  • Cardholders can receive monthly e-statements for transactions made with this debit card.
  • This debit card can be availed by current account holders.

How does Kotak Bank Easy Pay Debit Card Works?

Kotak Bank Easy Pay Debit Card can be used both offline and online for a different purpose. For offline payments, the card can be used through a card machine. The debit card works offline as and when the merchant inputs the transaction amount on the card machine. After this, the card user is required to enter the debit card PIN to complete the transaction. As the PIN is entered, a request is made to the bank as per which the required amount is deducted from the account linked to the debit card.

In addition to that, Kotak Bank Easy Pay Debit Card also works online. This requires one to enter details like the 16 digit the card number, expiry date, and the three-digit CVV number-mentioned don the reverse of the card. As and when the details are entered, an OTP is sent to the registered mobile number of the debit card user. The OTP needs to be entered for completion of the transaction after which the amount is deducted from the linked current or savings account.

Features of Kotak Bank Easy Pay Debit Card in India

Kotak Bank Easy Pay Debit Card functions similar to all debit cards such as for cash withdrawal and online and offline purchases amongst others. However, the card features vary from each other on the basis of various parameters. Kotak Bank Easy Pay Debit Card features are listed in the table below:

Maximum Cash withdrawal No Limit
Maximum Purchase limit No Limit
Annual maintenance charge ₹ 250
Card replacement charge ₹ 200
Issuance Charge ₹ 250

Kotak Bank Easy Pay Debit Card Benefits

Some of the benefits offered by Kotak Bank Easy Pay Debit Card signature card as listed as follows:

  • Kotak Bank Easy Pay Debit Card can be obtained easily, as it involves minimum eligibility and documentation.
  • Kotak Bank Easy Pay Debit Card signature card can be used to withdraw cash.
  • Kotak Bank Easy Pay Debit Card offers the security of funds even when the card is stolen. This is because the card can be blocked immediately, and thus debit cards are safer for funds than physical cash.
  • Another benefit offered by Kotak Bank Easy Pay Debit Card is that the card can be used across all points of sales whether offline or online and allows hassle-free transactions.
  • Also, debit cards are way more beneficial than a credit card in terms of debt management. While a credit card allows one to make purchases more than one’s account ability, a debit card allows purchasing as per the availability of funds.
  • Apart from the best utilization of one’s funds, Kotak Bank Easy Pay Debit Card provides the additional benefit of rewards such as cashback offers and reward points.

Kotak Bank Easy Pay Debit Card Eligibility

To avail a Kotak Bank Easy Pay Debit Card, one needs to meet the below-mentioned eligibility criteria:

  • The minimum age requirement to attain Kotak Bank Easy Pay Debit Card is 18 years.
  • Parents and guardians can attain a debit card on behalf of the minors.
  • One needs to have Government approved identity and address proofs such as Aadhar card, PAN card, passport, driving license or Voter ID card.
  • One needs to have a savings or current account with a bank to attain a debit card

FAQs

What is the limit of Kotak Bank Easy Pay Debit Card ?

The maximum limit offered by Kotak Bank Easy Pay Debit Card is ₹ 2 Lakh for withdrawals and is ₹ 25,000 for making purchases at Point of sales.

What are the annual maintenance charges on Kotak Bank Easy Pay Debit Card ?

The annual maintenance charges on Kotak Bank Easy Pay Debit Card are ₹ 250.

Which is the best debit card of Kotak Bank?

Kotak Bank offers different cards that are tailor-made to suit the needs of different debit card users. For instance, Kotak Bank Privy League Signature Debit Card offers the highest withdrawal limit of ₹ 2 Lakh, while Kotak Bank Privy League Signature Debit Card offers the highest purchase limit of ₹ 4 Lakh. In addition to that, Kotak Bank Platinum Debit Card, Kotak Bank PayShopMore Debit card, Kotak Bank Easy Pay Debit Card, Kotak Bank Privy League Signature Debit Card, Kotak Bank Classic One Debit Card, Kotak Bank Privy League Platinum Debit Card, Kotak Bank RuPay Debit Card, Kotak Bank Silk Platinum Debit Card, Kotak Bank Gold Debit Card is the best card at the lowest annual fee of ₹ 250. Thus, based on one’s requirement, one can choose the best card amongst a number of them offered by Kotak.

Can Kotak Bank Easy Pay Debit Card be used internationally?

No, Kotak Bank Easy Pay Debit Card cannot be used internationally.


Kotak Debit/ ATM Card News - May 2021
  • 2020-10-20 : Kotak launched 2020 Edition of Khushi Ka Season
    Kotak Bank introduced 2020 edition of Khushi Ka Season. The bank is offering attractive loan rates, loan processing fee waivers and quick online loan approvals on a range of retail and Agri loan segments. Further, customers can avail special offers on banking products including savings accounts, debit & credit cards and no-cost EMI payments
  • 2020-10-16 : Kotak Mahindra Bank launches festive offers
    Kotak Bank introduced festive offers to lure customers. Individuals can avail special offers on other banking products including savings accounts, debit & credit cards and no-cost EMI payments. Festive offers include home loans starting at 7% p.a plus savings of up to Rs. 20 lakh on Balance Transfer cases. Further, the bank is offering 50% waiver on Processing Fee on Car Loans, Two-wheeler Loans, Agri-Business, Commercial Vehicle and Construction Equipment.
  • 2020-09-25 : Kotak partnered Delhi Capitals, Mumbai Indians and launched MyTeam Card
    Kotak Mahindra Bank launched a specially designed range of Debit and Credit Cards with Delhi capitals and Mumbai Indians. The Kotak Cricket edition range of Debit and Credit Cards feature team visuals of the players, the logo & watermark, and the official team colours for the fans.
  • 2020-05-06 : Kotak launches ATM on Wheels for Delhi-NCR
    Kotak Mahindra bank launched ATM on Wheels for Delhi-NCR. The mobile ATM will bring cash withdrawal facility to the neighbourhood. It is aiming to provide convenient and easy access to cash withdrawal services amid the COVID-19.
  • 2019-02-22 : Kotak Mahindra Bank launches image debit cards with artworks by Seema Kohli
    Kotak Mahindra Bank has introduced a range of debit cards featuring exclusive artworks by Seema Kohli. The special edition debit cards with artworks by Seema Kohli, curated by Trinity Arts, have been designed especially for the Kotak Silk customers which is a special savings bank account for women to meet their financial requirement.
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