The Easy Pay debit card is offered by Kotak Mahindra Bank to help individuals keep track of their business-related expenses in a hassle-free manner.
With this debit card, you and your business partners can avail of enhanced banking experiences. In addition to secure transactions, the Easy Pay debit card offers a variety of benefits.
The Easy Pay debit card comes with the following features:
The eligibility condition to apply for the Easy Pay debit card is you must hold a Current Account with Kotak Mahindra Bank.
The fees and charges of the Easy Pay debit card are mentioned in the table below:
Type of charge | Fee |
Annual fee | Rs.250 plus GST |
Reissuance/Replacement fee | Rs.200 plus GST |
The documents required to apply for the Easy Pay debit card are as follows:
The annual fee of the Easy Pay debit card is Rs.250 plus GST.
You can open any number of Easy Pay accounts with a Kotak Mahindra Bank Current Account.
No. Only domestic transactions are allowed on the Easy Pay debit card.
The maximum amount you can transfer to an Easy Pay account is Rs.50,000 per transaction.
No. It is mandatory to hold a Current Account to apply for the Easy Pay debit card.
No. The cheque book facility is not offered to Easy Pay account holders.
Kotak Mahindra Bank customers who hold a Current Account, and have daily business expenses that are handled by their partners or employees should apply for the Easy Pay debit card.
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