Connected Banking
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Connected Banking

Unlock smarter financial management by integrating your Kotak Current Account with leading third-party accounting and ERP platforms. Enjoy seamless banking and enhanced efficiency—right at your fingertips.

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Benefits in store

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Real-time onboarding

Register in real-time and get started instantly, without delays

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Live balance updates

Keep track of your account balance – anytime, anywhere

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One dashboard for greater control

Get your statements whenever you need them, view all your linked accounts in one place, and much more

Who can apply

  • Customers with a Current Account or an Overdraft Facility
  • Customers who are already registered on Kotak Internet Banking

Kickstart your Connected Banking experience

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Activate Internet Banking through Kotak Bank

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Log in, select ‘Kotak’ as your preferred bank

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Verify with your Password & OTP

Need a Current Account?

Collect payments easily, anytime, anywhere with kotak.biz app

Frequently Asked Questions

What is Connected Banking?

Connected Banking is a platform that enables customers to access their banking services directly through integrated third-party platforms such as accounting software, ERP systems, and fintech applications. It enables seamless connectivity between the bank account and business solutions for smarter financial management.

What are the benefits of Connected Banking?

Connected Banking offers multiple advantages, including:

  • Automated reconciliation within accounting platforms
  • Real-time access to account balance and statements
  • Simple, secure payments (available for select partners)
  • Seamless integration with business tools
  • Improves efficiency and saves time
  • Enhanced visibility over financial transactions

What features are available on Kotak Connected Banking?

Key features include:

  • Easy registration & de-registration of Connected Banking.
  • Automatic reconciliation support.
  • Real-time balance enquiry.
  • Hassle-free access to account statements.
  • Quick access to multiple accounts linked to a CRN*.
  • Simple, secure payments (available for select partners).

    *Customer Relationship Number.

Which partners are live on Kotak Connected Banking?

Kotak Connected Banking is currently integrated with:

  • Easy registration & de-registration of Connected Banking.
  • Tally Prime (version 6.0 and above).
  • Zoho Books.
  • Open Money.

Are there any charges for enabling Connected Banking?

There are no charges for enabling Connected Banking if you already have an active licence or subscription with the respective partner platform.

For customers who do not have an active licence or subscription, applicable charges for purchasing or renewing the partner’s licence/subscription will apply as per the partner’s pricing.

What is the validity of my Kotak Connected Banking session?

Connected Banking access is subject to a validity period of 30 days and requires periodic re-authentication to ensure security. Once the validity period expires, the customer must re-authenticate on the partner platform to continue using the services

What happens when my Kotak Connected Banking session expires?

When the session expires:

  • Access to Connected Banking services is temporarily disabled.
  • The user needs to re-authenticate via partner platform using Internet Banking credentials and One-time password.
  • Services resume once authentication is successfully completed.

What types of accounts are supported on Kotak Connected Banking?

Currently supported account types include:

  • Current Accounts
  • Overdraft Accounts.

Is the balance and statement shown in Connected Banking real-time?

Yes, Connected Banking supports:

  • Real-time balance enquiry.
  • Real-time account statement access (as fetched from the bank system).

Which partners are enabled for making transactions via Kotak Connected Banking?

Transaction capabilities (such as payments) are available only on select partner integrations. Currently Tally Prime Release 7.0 is enabled for supporting transactions.
 

Who can make transactions through Kotak Connected Banking?

Transactions can be performed by:
 

  • Users who have complete transaction rights on their bank account.
  • Users who are able to make transactions via Kotak Internet Banking.

Note: Currently we do not support Maker-Checker payments via Kotak Connected Banking.

 

Disclaimer (Things you should know):
For loans: Credit at the sole discretion of the Bank and subject to guidelines issued by RBI from time to time. Bank may engage the services of marketing agents for the purpose of sourcing loan assets.

Page also available in: हिन्दी - Hindi
 

 

Kotak Mahindra Bank and any of its directors, employees and personnel shall not be liable for any loss, damage of any nature including but not limited to direct, indirect, punitive, special, exemplary, consequential as also any loss of profit in any way arising from the use of the services offered by TallyPrime, Zoho Books, and OpenMoney. The recipient shall be solely and fully responsible/ liable for any consequence arising as a result of availing the services and agrees not to hold the Bank liable for any loss or damage upon utilizing the services of TallyPrime, Zoho Books, and OpenMoney. The Bank shall not be responsible in any way for the advice given by TallyPrime, Zoho Books, and OpenMoney, its employees, representatives, agents and consultants.