Kotak Credit Card Bill Payment

Missing a credit card payment can lead to extra charges, higher interest rates, and a decrease in your credit score. To avoid these problems, it’s essential to pay your bill on time. Kotak Mahindra Bank offers various online and offline payment methods to make sure you never miss a payment.

Different Methods to Pay Your Kotak Credit Card Bill

Kotak Credit Card offers several payment options for your convenience, including:

  • UPI
  • Net Banking
  • Mobile Banking
  • RTGS
  • BillDesk
  • NEFT/IMPS
  • Cheque
  • Auto Debit
  • VISA Bill Payment
  • Phone Banking
  • Cash

Kotak Mahindra Credit Card Payment Methods and Their Processing Times

Here’s the payment processing time for various payment methods when making a Kotak Mahindra Credit Card payment:

  • WebPay: Payment is processed within 3 working days.
  • NEFT/IMPS:
    • NEFT: Payment may take between 30 minutes and 3 days.
    • IMPS: Payment is processed instantly.
  • Net Banking: Payment takes up to 24 hours.
  • Mobile Banking: Payment is processed instantly.
  • Auto Debit: The payment is made 4 days before the due date, and the amount is credited within 24 hours.
  • Cheque Payment:
    • Kotak Cheque: Payment is processed within 1 working day.
    • Non-Kotak Cheque: Payment can take up to 5 working days.
  • Over the Branch Counter: Payment is processed within 24 hours.
  • Visa Payment: Payment takes 3 working days.
  • Phone Banking: Payment is processed within 24 hours.
  • RTGS: Payment can take up to 3 working days.

Apply for Top Kotak Bank Credit Cards with MybankingTips

Apply Now

Ways to Pay Your Kotak Mahindra Credit Card Bill Offline

If you don’t want to pay your Kotak Mahindra credit card bill online, there are simple offline methods available:

  1. Phone Banking
    Phone banking is a convenient option for payments. Call Kotak’s customer service at 1860 266 2666, available 24/7. Follow the instructions to transfer money from your Kotak savings or current account to your credit card account.
  2. Auto Debit
    For easy payments, auto debit allows the bank to automatically deduct your bill payment from your bank account each month. To set it up, download the Auto Debit form from Kotak’s website, fill it out, and send the signed form to their Customer Correspondence Centre or submit it at any Kotak branch. You can choose whether you want to pay the full bill or just the minimum payment each month.
  3. Cheque
    If you don't want to use cash, you can pay with a cheque. Write the cheque to "Kotak Mahindra Bank Card A/C" and include your credit card number. You can drop the cheque at an ATM drop box or at any Kotak branch. To find a branch, visit Kotak’s website or send an SMS 'K DROPBOX <6-Digit PIN Code>' to 5676788.
  4. Branch Counter
    If you prefer paying in person, visit your nearest Kotak Mahindra Bank branch. You can simply deposit cash to pay your bill. To find the nearest branch, check the Kotak website or send an SMS with 'K Branch <6-digit PIN Code>' to 9971056767 or 5676788.

How to Pay Your Kotak Mahindra Credit Card Bill

Here are different ways you can pay your Kotak Mahindra credit card bill:

1. Pay through Mobile Banking

  • Download the Kotak Mobile app from the Google Play Store.
  • Log in to the app with your credentials.
  • Go to the 'Home Page' and select 'Credit Card.'
  • Choose 'CC Payments' and follow the instructions to complete the transaction.

2. Pay through Net Banking

  • Log in to Kotak Mahindra’s Net Banking Portal using your Customer ID and Password.
  • Go to the ‘Credit Cards’ section and select ‘Payments.’
  • Choose the payment amount (total due, minimum due, or custom).
  • Click on ‘Make Payment.’
  • After authorization, the amount will be deducted from your account and credited to your credit card within 24 hours.

3. Pay via VISA Payment Facility

  • Kotak credit cardholders can pay through a VISA debit card.
  • Log in to your bank’s net banking portal, go to the ‘VISA Credit Card Payment’ option, and register your Kotak card.
  • After registration, you can easily make payments, which will be credited within 2-3 working days.

4. Pay via NEFT/IMPS Using the IFSC Code

  • If you don’t have a Kotak account, use NEFT or IMPS for payments.
  • Log in to your bank’s net banking portal, go to ‘Fund Transfers,’ and select NEFT/IMPS.
  • Register Kotak’s credit card as a beneficiary using these details:
    • Beneficiary Name: Kotak Cardholder’s Name (16-digit card number)
    • IFSC: KKBK0000958
  • Once added, select the card, enter the payment amount, and transfer the money.

5. Pay via UPI Using Account Number & IFSC Code

  • You can use UPI to pay your credit card bill by registering your Kotak credit card details.
  • Download a UPI app, set up your account, and enter the Kotak credit card IFSC code and bank details.
  • Log in to the UPI app, select ‘Send Money,’ enter the payment details, and confirm the transaction.

6. Pay via RTGS Using IFSC Code

  • For credit card bills over Rs. 2 lakh, you can use RTGS.
  • Follow the same steps as in NEFT, but select RTGS instead.
  • Ensure the Kotak credit card IFSC code is KKBK0000958.
  • Enter the amount and confirm the payment.

These methods provide flexible options to pay your Kotak credit card bills in a way that suits you best.

Apply for Top Kotak Bank Credit Cards with MybankingTips

Apply Now

How to Set Auto Debit Instructions for Kotak Credit Card Bill Payment

You can set up standing instructions on your Kotak Savings/Current Account to automatically pay your credit card bill each month. This way, the due amount will be debited automatically when it's time to pay. Here's how to set it up:

  • Using Net Banking:
    • Log in to your Kotak Net Banking account.
    • Go to the payments section and select 'Auto Debit Instructions' for credit card bills.
    • Enter the required details and set the due date for automatic payments.
  • Using Customer Care:
    • Call Kotak Credit Card Customer Care and request them to set up auto debit instructions for your card payments.
Kotak Credit Cards

FAQs Kotak Credit Card Bill Payment

You can pay online using methods like Net Banking, Mobile Banking, BillDesk, NEFT/IMPS, RTGS, UPI, or the VISA Bill Payment facility. Each method has specific steps, and payments can take anywhere from instantly to a few days to process.

Offline methods include visiting a branch, paying through Phone Banking, setting up Auto Debit, or dropping off a cheque at a Kotak branch or ATM. You can even pay in cash at the branch, though this might incur additional charges.

You can set up Auto Debit using Kotak Net Banking or by calling customer care. Auto Debit ensures that your bill amount is automatically deducted from your bank account on the due date.

Yes, you can use UPI or NEFT to pay your bill. For UPI, use your credit card number and Kotak’s IFSC code (KKBK0000958) to make the payment. Similarly, for NEFT, register your credit card as a beneficiary in your bank’s portal and transfer funds.

Processing time depends on the method. Mobile Banking, UPI, and IMPS are instant. Net Banking, Phone Banking, and branch payments take up to 24 hours, while cheques and RTGS can take a few days.

Apply for Top Kotak Bank Credit Cards with MybankingTips

Apply Now

Here are some of the links that will help you manage your Kotak Credit Card, you can click on them as per your requirements:

Kotak Mahindra Bank Credit Cards

Credit Card by Banks

Related Articles

Best Credit Cards For