Credit card payments must be made on time. This not just helps avoid late charges but also helps buildup on the CIBIL score. To enhance customer convenience and credit card use experience, Kotak Mahindra credit card payment can be made through several channels. Read through to know more about the online and offline modes available for Kotak credit card payment
Kotak Mahindra Bank is preferred for its product lineup. Kotak Mahindra Bank credit cards not just offer unmatched features but are backed by robust technical support and customer care support. This makes Kotak Mahindra credit card use a worthy experience.
Kotak Mahindra credit card payments can be made online and offline channels for added customer convenience. Read through to learn more about the methods offered and a step-by-step procedure to make your Kotak Mahindra credit card payment.
Kotak Mahindra Bank offers several channels through which Kotak Mahindra bank credit card payment is possible online. These are:
Let’s understand the step-by-step mechanism for every mode.
Kotak Mahindra credit card customers who also have a savings or current account with Kotak Mahindra Bank can pay their credit card through net banking by following these steps:
The amount will be debited from the Kotak Mahindra Bank account and instantly credited to the credit card account. You will receive a successful debit and credit notification on the registered mobile number.
Option to make Kotak Mahindra credit card payment through mobile banking is available to cardholders who also either have a savings or a current account with the bank. Follow the steps to pay bills:
The amount will get debited from the savings or current account, and you will receive instant credit in your credit card account.
Non-Kotak Mahindra Bank account holders can make the Kotak credit card payment online either through NEFT, IMPS, or RTGS option by providing the IFSC Code. The steps involved are:
The Kotak credit card payment IFSC code is KKBK0000958. Other details are<
Once the credit card account is added as a beneficiary simply select Kotak Mahindra credit card from the list of beneficiaries, enter the credit card payment amount and make payment.
Non-Kotak Mahindra Bank account holders can make the Kotak Mahindra credit card payment online easily through BillDesk (also called WebPAY in Kotak Mahindra Bank terminology). The steps involved are:
You will receive an OTP from your paying bank to authorize the payment. Enter the OPT to complete the transaction. The Kotak Mahindra credit card payment made through BillDesk or WebPAY usually takes up to 3 business days to reflect in the credit card account.
NACH or National Automated Clearing House is a centralized system that sets an auto debit facility in a bank account. The one-time mandate authorization thus allows the auto-withdrawal of payment on the decided date without any additional effort.
Kotak Mahindra bank account holders can set standing instructions on their savings/current account through net banking or Kotak Credit Card Customer Care.
Non-Kotak Mahindra Bank customers can set standing instructions on other banks' savings/current accounts by submitting an Auto-Debit Authorization Form. The form can be downloaded from https://www.kotak.com/content/dam/Kotak/credit-card-services/auto-debit-authorization-form.pdf
Duly filled and signed form must be mailed to:
Manager – Customer Correspondence Centre
Kotak Mahindra Bank
Attn: Customer Correspondence Unit – Credit Cards
Neptune Element, 3rd Floor, Road No. 22, Wagle Estate,
Thane (W) 400604
Kotak Credit Card bill payment can be made by transferring funds from your VISA Debit Card. To make payment through Visa Payment, the steps involved are:
UPI or the Unified Payments Interface is a new method to clear off credit card bills. Kotak Mahindra credit cardholders can pay dues either using the UPI ID or Account number along with IFSC Code.
The UPI registration process is as follows:
The UPI payment process
Additional Info: Latest update by RBI on Credit Card Bill Payment Due Date Check Now!!
In addition to online channels, Kotak Mahindra Bank credit card bill payments can also be made through offline channels. These include:
Kotak credit card bill payment can be done through cash at the nearest Kotak Mahindra bank branch. Provide your Kotak Mahindra 16-digit credit card number at the payment counter. The bank will charge Rs. 100 + GST as cash handling charges.
Kotak Mahindra credit cardholders can issue a cheque in favor of Kotak Mahindra Bank Credit Card Account and clear the outstanding dues.
The cheque will be payable to Kotak Mahindra Bank Card A/C XXXX XXXX XXXX XXXX (16-digit Kotak Mahindra credit card number)
Kotak Mahindra credit card customers who also have a savings or current account with the bank can make Kotak credit card bill payment by calling the customer care helpline of the bank. The Kotak Credit Card Customer Care Number is 1860 266 2666. Choose the ‘Banking Option’ from the IVR and subsequently instruct the customer service executive to initiate the amount transfer from your bank account to your credit card account.
The Kotak Mahindra bank credit card payment can be made through various modes. Each mode has a different processing time i.e. the time taken before the payment reflects in the credit card account varies. Therefore, it is important to be aware of the processing time for every channel because a delayed credit entry after the bill payment due date will attract late payment charges.
The time taken by different bill payment methods via which Kotak Mahindra Credit Card Payment is made is given below:
Bill Payment Method
Credit Turnaround Time
|Net Banking||24 hours|
|Bill Desk (WebPAY)||3 working days excluding weekends and holidays|
|NEFT||30 minutes – 3 days|
|VISA Payment||3 working days|
|RTGS||3 working days|
|Auto Debit||Executed four days before bill payment due date and credited within 24 hours|
|Phone Banking||24 hours|
|Cash deposit at bank branch||24 hours|
TheKotak credit card payment IFSC codeis KKBK0000958. Other details are:
No, Kotak Mahindra Bank's credit card outstanding amount cannot be cleared off using another bank’s credit card
Yes, you can request a change in the billing cycle of your Kotak Mahindra credit card.
MakingKotak Mahindra credit card payments after the due date will attract a late payment charge. Also, interest is levied on the outstanding amount. These will reflect in the next credit card statement. Also, every delay in credit card payment lowers the CIBIL score.
Kotak Mahindra credit card payment can be made by cheque. In case a Kotak bank account cheque is issued, the payment will reflect in 24 hours. For non-Kotak cheques, the payment credit will reflect in 5 days.