General Schedule of Features & Charges (GSFC)

For Retail Current Accounts & Current Accounts with OD/CC facility (w.e.f. 1st September, 2023)
Standard Charges Product Level NIL Charges
Particulars (in Rs.) Limits & Charges (in Rs.)
Product Name Neo## Edge Pro Elite Ace Astra 5 Astra 15
Average Quarterly Balance (AQB) in Rs. 10,000 25,000 50,000 100,000 250,000 500,000 1,500,000
Remittances / Payments:
NIL Charges up to NIL Charges up to NIL Charges up to
Payable at Branch 1 / 1000 15 DD / BC p.m.; 30 DD / BC p.m.; 50 DD / BC p.m.;
* * NIL Charges NIL Charges
Demand Draft / Locations (Min 50 Max 5000) thereafter Std Chrgs thereafter Std Chrgs thereafter Std Chrgs
Banker's Cheque NIL Charges NIL Charges
Payable at Non- 2 / 1000 upto 10L p.m.; upto 30L p.m.;
(Min 50 Max 5000) * * * NIL Charges NIL Charges
branch Locations thereafter thereafter
Std Chrgs Std Chrgs
Applicable only if 2 - 5 L: 20 / txn; NIL Charges NIL Charges NIL Charges NIL Charges
RTGS * * *
done in Branch > 5 L: 40 / txn
Applicable only if Upto 10k: 2/txn; >10K to NIL Charges NIL Charges NIL Charges NIL Charges
NEFT** done in Branch 2L: 4/txn >2 L: 24/txn * * *
Upto 100000: 5 / txn NIL Charges NIL Charges NIL Charges NIL Charges
IMPS Above 100000 : 15 / txn * * *
Upto 500 leaves / NIL Charges for NIL Charges NIL Charges NIL Charges
Default Cheque
p.m. - 2 / leaf; 1st Chq Book upto 50 cheque upto 200 cheque upto 300 cheque
Book is Payable NIL Charges NIL Charges NIL Charges
Cheque Book Above 500 leaves / (25 leaves); then leaves p.m.; then leaves p.m., then leaves p.m., then
At-par Only
p.m. - 3 / leaf Std Charges Std Charges Std Charges Std Charges
Receipts / Collections:
Drawn at <10K: 50 / Chq;
Out-station Cheque Kotak Branch 10K - 1L: 100 / Chq; * * NIL Charges NIL Charges NIL Charges NIL Charges NIL Charges
(Cheques drawn on Locations >1L: 150 / Chq
non-speed clearing Drawn at <10K: 50 / Chq; <10K: 50 / Chq; <10K: 50 / Chq; <10K: 50 / Chq; <10K: 50 / Chq; <10K: 50 / Chq;
branches) Kotak Non-branch 10K - 1L: 100 / Chq; * * 10K - 1L: 25 / Chq; 10K - 1L: 25 / Chq; 10K - 1L: 25 / Chq; 10K - 1L: 25 / Chq; 10K - 1L: 25 / Chq;
Locations >1L: 150 / Chq >1L: NIL Charges >1L: NIL Charges >1L: NIL Charges >1L: NIL Charges >1L: NIL Charges
Home Banking:
Upto 2 lacs: 875/-
2 lacs to 6 lacs: 1,475/-
6.01 lacs to 10 lacs: 2,475/-
Cash Pick-up or 10.01 Lac to
Delivery^ 20 Lacs: 4,075/- * * * * * * *
20.01 Lacs to
On Call Requests 100.00 Lacs: 6,675/-
per request
Nil charges up to Nil charges up to Nil charges up to
Cheque Pick-up/DD 75/- per 3 req per month 5 req per month 7 req per month
* * * NIL Charges
Delivery request there after there after there after
Std Charges Std Charges Std charges
 Standard Charges Product Level NIL Charges
Particulars (in Rs.) Limits & Charges (in Rs.)
Product Name Neo## Edge Pro Elite Ace Astra 5 Astra 15
Average Quarterly Balance (AQB) in Rs. 10,000 25,000 50,000 100,000 250,000 500,000 1,500,000
Up to 1.00 Lac:
2.75/1000
1.01 Lacs to 6.00
Beat Service Cash Pickup Lacs: 1.75/1000 * * * * * * *
6.01 Lacs to
100.00 Lacs:
1.5/1000 Per Month
Cheque Pick-up 500 p.m. 300 p.m. 300 p.m. 300 p.m. NIL Charges NIL Charges NIL Charges NIL Charges
Cash Deposit & Withdrawal:
NIL Charges upto NIL Charges upto NIL Charges upto
10 times of prev 10 times of prev 12 times of prev
NIL Charges NIL Charges NIL Charges NIL Charges month's avg credit month's avg credit month's avg credit
At Home Branch &
3.5 / 1000 Min upto 2L p.m.; upto 4L p.m. ; upto 6L p.m.; upto 10L p.m.; balance or 25 L p.m balance or 60 L p.m balance or 120 L p.m
Cash Deposits non Home Branch
50 per txn thereafter thereafter thereafter thereafter Std whichever is higher; whichever is higher; whichever is higher;
Location@
Std charges Std charges Std charges charges thereafter Std thereafter Std thereafter Std
charges charges charges
NIL Charges NIL Charges NIL Charges NIL Charges NIL Charges NIL Charges NIL Charges
For Non - home 2 / 1000 Min upto 10K per day; upto 25K per day; upto 50K per day; upto 1L per day; upto 2.5L per day; upto 5L per day; upto 7.5L per day;
Cash Withdrawal 50 per txn thereafter thereafter thereafter thereafter std thereafter std thereafter std thereafter std
Branch Location
std charges std charges std charges charges charges charges charges
Automated Teller Machine (ATM): Kotak ATM Txn - Nil Charges upto 5 Transaction
Nil Charges upto
Non Financial Txn 8.50 per txn 3 txns (In Top 6
Cities#+) & 5 Txn
VISA ATMs - Domestic * * NIL Charges NIL Charges NIL Charges NIL Charges
(Non-Top Cities);
Cash Withdrawal 21 per txn thereafter
std charges
VISA ATMs - Non Financial Txn 25 per txn * * * * * * *
International Cash Withdrawal 150 per txn * * * * * * *
Transactions declined
at merchant outlets / 25 per txn
Insufficient Funds * * * * * * *
websites / ATM, due to
insufficient balance^^
Debit Card:
NIL Charges NIL Charges NIL Charges
for 1st Year for 1st Year for 1st Year
Debit Card Charges Annual Fee 259 p.a. * * * * thereafter thereafter thereafter
259 p.a. 259 p.a. 259 p.a.
Card Replacement Lost / Stolen Card 200 * * * * * * *
 Standard Charges Product Level NIL Charges
Particulars (in Rs.) Limits & Charges (in Rs.)
Product Name Neo## Edge Pro Elite Ace Astra 5 Astra 15
Average Quarterly Balance (AQB) in Rs. 10,000 25,000 50,000 100,000 250,000 500,000 1,500,000
Other Charges:
Account Related
If AQB < 50% of
the required 1200 1500 2500 5000 7000 8000 8000
AQB Non - Non maintenance Product AQB
maintenance <> charges per quarter If AQB >=50% but
< 100% of the required 750 900 1500 3000 4000 5000 5000
Product AQB
<30 Days or <30 Days or <30 Days or <30 Days or <30 Days or <30 Days or <30 Days or
Customer > 181 Days: > 181 Days: > 181 Days: > 181 Days: > 181 Days: > 181 Days: > 181 Days:
Account Closure Charges
Indused Closure Nil; 31 - 181 Nil; 31 - 181 Nil; 31 - 181 Nil; 31 - 181 Nil; 31 - 181 Nil; 31 - 181 Nil; 31 - 181
Days: 600 Days: 600 Days: 600 Days: 600 Days: 600 Days: 600 Days: 600
Cheque Returns <>
Nil charges upto Nil charges upto Nil charges upto Nil charges upto Nil charges upto
Cheques Deposited &
Local & Out-station 100 per Cheque * * 5 p.m.; thereafter 7 p.m.; thereafter 10 p.m.; thereafter 10 p.m.; thereafter 10 p.m.; thereafter
Returned (Outward) Std Charges Std Charges Std Charges Std Charges Std Charges
Cheques Issued and
Returned (Inward) & Financial Reasons 500 / instance * * * * * * *
ECS returns
SMS Alerts & Updates
SMS - 0.50 50% Discount
Balance (Daily / Weekly), Txn & per SMS on Std. charges NIL Charges NIL Charges NIL Charges
Value Added Alerts * * *
Email - Nil charges (0.25 per SMS)
Charges Common for All Products
Account Statements (Through Email -Nil charges)
Weekly Physical 300 per Quarter * * * * * * *
Annual Combined
Through Branch & Phone Banking : 100 * * * * * * *
Statement (Physical)
Ad- hoc Statements At Branch / <=365 Days:100 * * * * * * *
Request Phone Banking >365 Days: 200 * * * * * * *
On Net Banking / ATM 50 * * * * * * *
Foreign Currency Payments & Collections
DD Issuance / DD Cancellation /
DD Revalidation / Cheque Collection 500 * * * * * * *
 Standard Charges Product Level NIL Charges
Particulars (in Rs.) Limits & Charges (in Rs.)
Product Name Neo## Edge Pro Elite Ace Astra 5 Astra 15
Average Quarterly Balance (AQB) in Rs. 10,000 25,000 50,000 100,000 250,000 500,000 1,500,000
Corr Bank Chrgs
Borne by Beneficiary 250 * * * * * * *
TT Transfer ~
Corr Bank Chrgs Not
Borne by Beneficiary 1000 * * * * * * *
Cheque Deposited and Returned ~ /
Cheque Issued and Returned ~ <> 1000 * * * * * * *
(Financial Reasons)
Miscellaneous Charges
ATM / Net Banking
PIN Regeneration (only if sent 50 * * * * * * Nil charges
through courier)
Fund Transfer Return Financial Reasons 300 * * * * * * *
Cheque Purchase Charges 0.5 / 1000 / Day * * * * * * *
Travelers Cheque Encashment ~ 1% of TC Amount * * * * * * *
Mandate Registration Charges 50 / Instance * * * * Nil charges Nil charges Nil charges
Set-up & Failure 100 * * * * * * *
Standing Instruction
Amendment 25 * * * * * * *
TDS Certificate(Duplicate only) 200 / Request * * * * * * *
Interest Statement (Duplicate only) / Stop
payment / DD / BC Cancellation &
Revalidation / Signature Verification /
100 / Request * * * * * * Nil charges
Address Confirmation / Balance Statement
(Other than 31st March) / Record retrieval
charges / Photo Attestation
Solvency Certificate 10000 * * * * * * *
Confidential Report / Credit Confirmation / 500
TOD Charges * * * * * * *

GST on Foreign Currency Conversion Charges (FCY) ~

Value of purchase or sale of Foreign Currency Value on which GST rate will be applicable
Up to 1,00,000/- 1% of the gross amount of currency exchanges
or minimum of Rs. 250/-
Above Rs.1,00,000/- to Rs.10,00,000/- 1000 + 0.50% of the gross amount of currency exchanged
less 1,00,000.
Above Rs.10,00,000/- Rs. 5500/- + 0.10% of the gross amount of currency exchanges
less 10,00,000 subject to maximum of Rs. 60,000/-
 Please Note:
1
Classic Card will not be available to customers whose Current Account has been opened with Kotak Bank post 20th Dec, 2011. Charges against Classic Card will be same as that of Business Gold
Coin Deposit charges: "Nil Charges" upto deposit value of Rs. 50 ; Beyond Rs. 50 per instance, 5% on entire amount of coins deposited will be charged. Low Denomination Charges: 0.5% of the value above Rs. 5000 deposit per instance ; Only Rs. 10 and Rs. 20 notes will be considered.
SMS Alerts & Updates : - Mandatory Alerts will not be charged
Under Home Banking cash pick up services (On Call & Beat), lower denomination (value equal to or less than Rs. 50 ) notes and coins will not be accepted.
Beat Cash Service charges will be charged as per agreed Contractual Slab on a monhtly basis
Home Banking (On Call & Beat Service) - Maximum slab avaliable for cash pick up is up to 100 lacs only (Adhoc / daily)
Non financial Txn under debit card section includes Balance enquiry , Mini Statement & PIN Change.
Debit Card Transaction eligibilty Five free transactions (inclusive of financial and non-financial transactions) every month from own bank ATMs. From other bank ATMs (inclusive of financial and non-financial transactions) free three transactions per month in metro centres and five transactions in non-metro centres.
Top 6 Cities#+ Mumbai, New Delhi, Chennai, Kolkata, Bengaluru and Hyderabad
* Indicates Standard Charges are Applicable
Abbreviations Used: For all value figures L=Lakhs & K=Thousand; Chq = Cheque; Std = Standard; Chrg = Charge; Txn=Transaction; p.m.=per month; p.a.=per annum; Avg=Average; FCY= Foreign Currency; FT=Fund Transfer; Corr=Correspondent; TOD=Temporary Overdraft; w/o= without
"NIL Charges" are not applicable for Current Accounts Maintaining Less than 75% of the Required Product AQB:
Product wise limits offered on various transactions and services with "NIL Charges" shall be applicable only if the Average Quarterly Balance (AQB) maintained in the account in that quarter is atleast 75% of the product AQB; else standard charges shall apply as per the GSFC in effect. Additionally, AQB non-maintenance
charge will also be applicable as mentioned in GSFC.
**Indo - Nepal Remittance Scheme (NEFT Charges):
If beneficiary maintains an account with Nepal SBI Bank Ltd (NSBL): Rs. 25 per txn (incl all taxes)
If beneficiary does not maintain an account with Nepal SBI Bank Ltd (NSBL): Upto Rs. 5000 - Rs. 75 per txn & beyond Rs. 5000 - Rs. 100 per txn (incl all taxes)
# Applicable for all transactions which involve foreign currency conversion. This charge is applicable from May 16, 2008 as per the CBDT Circular
~ Any purchase / sale of foreign exchange will attract GST on the gross amount of currency exchanged as per GST on Foreign Currency Conversion Charges (FCY) table above
Please note any rejections in applications made through ASBA mode due to insufficient funds will attract charges of Rs. 300/- per rejection.
## Neo Current Account is available in select locations only.
@ Nil charges Cash Deposit Limits & Cash Handling Charges for OD Accounts:
Nil charges at Home Branch Location Only: Home branch location is defined as all the branches belonging to the same clearing zone in which the account is opened.
For CA with ODAGR (Agri Finance Overdraft Account) - 1 times of previous month’s Avg OD Utilization or Avg Debit Balance and 5 times of the previous month's Avg Credit Balance.
Charges applicable :
Rs. 3.5 / 1000 of cash deposited and part thereof + GST as applicable.
*Nil charges on Transaction and Value added SMSalerts to the customers who have subscribed for Daily/Weekly balance alert facility.
*Alerts that have been mandated by RBI as well as alerts which are deemed appropriate by the Bank, will be sent without any charges, even if Daily/Weekly Balance SMS alerts facility has not been subscribed.
Service Charges to Account Holders in Rural / Semi-urban locations:
Classic Current Account is available in Rural / Semi-urban branches with reduced AQB requirement of Rs 10,000. The features offered and charges applicable shall be the same as Pro Current Account (except for Home Banking Service which is offered only at select locations).
Applicable GSFC : - CAPPA - Ace Current Account ; CABPR - Elite Current Account ; CHLOD - Elite Current Account ; CAOTH - Neo Current Account ; CASOD - Pro Current Account ; ODPBB - Pro Current Account ; ODPER - Pro Current Account ; ODINS - Pro Current Account ; CAPLT - Astra 5 Current Account ; Edge 2.0
(MREDG) - Edge Current Account, Classic 2.0 (MRCLA) - Classic Current Account; CAAMR - Ace Current Account; CAAMP - Astra 5 Current Account ; ODRFD - Elite Current Account ; CAAML - Elite Current Account
GTA Pro, GTA Elite and GTA ACE products would follow the transaction banking related features and charges of the underlying generic products namely Pro, Elite and ACE.
For more details related to Trade Service charges refer the Trade GSFC respectively.
Trader Classic would follow Classic GSFC; General CA would follow CA Neo GSFC; Comfort CA would follow CA Edge GSFC; Advantage CA, Flexi CA, Pro Plus & Trader Pro would follow CA Pro GSFC; Orange CA & Elite Plus would follow Elite GSFC; Ace Plus would follow Ace GSF; Platina 5, Platina 10 & Astra 10 would follow
Astra 5 GSFC; and Platina 25, Platina 50 & Astra 25 will follow Astra 15 GSFC, effective 1st November'17
Kotak Synergy Current Account is available to customers of other businesses within the group, same features & charges as EDGE (CAEDG) Current Account are applicable at a reduced AQB of Rs 10,000. Features & charges as ELITE (CAELT) Current Account are offered at NIL AQB for all below mentioned accounts, except
ODRET (Retail Overdraft Account) where charges as PRO Current Account are offered at NIL AQB.

Product Name (Product Code) Business Group Product Name (Product Code) Business Group Product Name (Product Code) Business Group
Retail Overdraft Account (ODRET) Business Banking Group Business Finance Current Account (CABFA) Business Banking Group Business Plus Current Account (CAPPV) Home Finance Division
Kotak Logistics Overdraft Account (ODLOG) Commercial Vehicles Finance Division Agri Finance Overdraft Account (ODAGR) Agri Finance Division Business Current Account (CABUS) Personal Loan Divison
The Bank will charge cross-currency mark-up of 3.5% on foreign currency transactions carried out on Debit Cards. The exchange rate used will be the VISA/Master Card wholesale exchange rate prevailing at the time of transaction.
<> Indicates penalty charges
Charges are exclusive of the Goods and Service Tax (GST). With effect from July 1, 2017 the effective Goods and Service tax rate will be 18% on taxable value. The GST rate is subject to change from time to time.
"State Government taxes / Cess as applicable shall be charged”

W.e.f 1st July,2020; threshold as well as Rate of TDS applicable for CASH withdrawal will dependent on submission of proof of Income Tax Return filed. Revised TDS rates will be as under :

Aggregate Cash Withdrawals in all accounts in a Income tax Return copy Income tax Return copy NOT
Financial Year Submitted to Bank Submitted to Bank

Upto Rs. 20 Lakhs Nil Nil

Rs.20 lakhs to Rs. 1 crore Nil 2%@

In Excess of Rs. 1 crore 2%@ 5%@

@If PAN is not updated in the account then the TDS deduction at the rate 20% as per section 206AA of the Income Tax Act will apply. For foreign companies, foreign partnership firms, Non-residents additional surcharge and
health & education cess will be applicable as per Income Tax law.
All charges are subject to revision with an intimation of 30 days to account holders. Closure of account due to revision of charges will not be subject to account closure charges.