How much amount can I transfer without adding a beneficiary?
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You can now complete a One-Time Fund Transfer without adding a beneficiary. To complete the transaction through Net Banking, you will be required to enter a One Time Password (OTP) which will be sent to your registered mobile number.  On the Kotak Bank App, you will need to validate every transfer with your MPIN. The One‑Time Fund Transfer limit per day without adding a beneficiary is Rs. 1,00,000 on Mobile Banking and Rs. 50,000 on Net Banking.

If you activate the Kotak Bank App on a new device or re-install it on the same device, or if a secondary CRN has been added in your existing App, the 'One Time Transfer' limit will be reduced to Rs. 5,000 per day for the next 7 days on the newly registered device.

 

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