Kotak Mahindra Bank SMS Charge: Kotak Mahindra Bank customers are going to be shocked from 1 December 2025. From next month , customers will have to pay more for SMS .
Kotak Mahindra Bank customers will have to pay an extra 15 paise per SMS after a certain limit . However, this charge will be applicable only to those customers who do not maintain the minimum balance in their account. The bank says that this step has been taken to meet the operational cost and to continue providing timely transaction updates to the customers.
How much and when will SMS charges be applicable?
According to the bank, the first 30 transaction alert SMSes per month will now be free. If more than 30 alerts are sent from a customer’s account, a charge of ₹0.15 will be levied for each additional SMS . These alerts are sent for UPI transactions, ATM withdrawals, cash deposits, check deposits, or card spending, among other things.
Which customers will not have to pay the charge?
Customers maintaining an average monthly balance of ₹10,000 or more in their savings or salary accounts will not incur any SMS charges. For Kotak 811 account holders, this limit is ₹5,000. Similarly, accounts with regular salary payments or term deposits will also be exempt from this charge.
Debit card fees also changed
The bank has already revised the annual fees for some debit cards, effective November 1, 2025. The annual fee for the Privy League Black Metal Debit Card has been reduced from ₹5,000 to ₹1,500. The fee for the Privy League LED Debit Card has also been reduced from ₹2,500 to ₹ 1,500 .
