Kotak Mahindra Debit Card PIN Debit Card

With a Kotak debit card, make your life easy and happy. Enjoy access to the offers and discounts with your Kotak debit card.

Advantages of Kotak debit card

Kotak debit card comes with several exciting offers on your shopping, dining, entertainment, etc.
Safe and secure Kotak debit cards and all Chip Kotak debit cards are enabled for international use
24/7 customer care facility for card assistance
Customize your cards with more than 70 plus designs.
Kotak debit cards are widely accepted across India that are powered by VISA
Insurance for card lost liability
VIP airport lounge access in more than 120 countries.

A debit card is a payment instrument linked to your bank account that deducts money from the linked account. It is easy hassle-free and convenient to use a debit card. Debit cards are multi-functional interns of utility. You can conduct all sorts of transactions with your debit card such as paying bills, buying goods, online shopping, etc. You can also withdraw cash from the automated Teller Machine.

Benefits of debit card

Debit cards have almost removed the requirement of carrying cash. It is the most preferred plastic money due to the convenience of all kinds of transactions. Debit cards are widely accepted from the local market to high-end outlets. There are several benefits such as

simple to use

Allows you to withdraw money from ATM

Shop conveniently and reasonably

Enjoy cashback offers

Protected by a four-digit personal identification number

Easily available to anyone having a bank account

Widely acceptable for all type of transactions

Types of debit card

Banks in India has tied up with special payment system like, Visa, Rupay, Master, etc. that makes transaction possible with your debit card. Indian banks offer various type of debit card like

Visa Debit Card

Mastercard Debit Card

Maestro Debit Card

EMV Debit Card

Platinum Debit Card

Best debit card providing banks

ICICI debit card

Axis debit card

HDFC debit card

SBI debit card

Yes Bank debit card

HSBC debit card

Debit cards have become an essential part of our life. Many options are there in the market, so it extremely important to select the debit card best suitable to your needs.

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FAQs

Q. What is the difference between ATM Card or a debit card?

Ans. The sole function of the ATM card is to withdraw money from your account. You just need a unique personal identification number linked to your bank account and you withdraw cash from your account. With the debit card, you can perform several functions like paying for your purchases, paying bills, online shopping, etc. along with withdrawing cash. ?

Q. What is an EMV debit card ?

Ans. EMV stands for Europay, Mastercard, Visa, which are the latest chip-based cards. It is a global standard card used for making card payments across the globe

Q. What is the usage of a debit card?

Ans. You can conduct all sorts of transactions with your debit card such as paying bills, buying goods, online shopping, etc. You can also withdraw cash from the automated Teller Machine. ?

Q. What is a contactless debit card?

Ans. Contactless debit cards use red frequency identification technology. With a contactless debit card, you don’t have to swipe the cards, only you have to wave near the point of sale terminal to make the transactions.

Q. Is a Visa debit card good?

Ans. Visa Debit Card is acceptable across the globe and used in more than 200 nations. With this card, you can make international transactions along with Indian transactions.

Q. Is there any charge on debit cards?

Ans. Banks charge some annual fees for the maintenance of the debit card. You also have to bear replacement charges for your debit card.

Q. What is the difference between credit and debit cards?

Ans. A debit card is a payment instrument directly linked to your bank account. If you use a debit card, the amount is deducted from your account and pay for the transaction. With a credit card, you can buy anything within your credit limit and pay later.

Q. Are debit cards only provided by banks?

Ans.Ans. Yes, Debit cards are only provided by banks.

Q. what is the annual fee/charges of Kotak Easy pay debit card?

Ans. The annual fee/charges of Kotak Easy pay debit card is Rs.250+GST.

Q. What is a chip-based debit card?

Ans.Ans. chip-based debit cards are designed to prevent the malpractices like cloning. The microchip is embedded with the magnetic strip to provide an extra layer of security. ?

Q. What are the different types of debit cards?

Ans. Banks in India has tied up with special payment system like, Visa, Rupay, Master, etc. that makes transaction possible with your debit card. Indian banks offer various type of debit card like Visa Debit Card Mastercard Debit Card Maestro Debit Card EMV Debit Card Platinum Debit Card