Bank SMS Charges: Big news for bank customers! This bank will now charge this much for SMS alerts; check SMS charges here
Bank SMS charges: Kotak Mahindra Bank will now charge for SMS alerts. The bank stated that this move will cover operational expenses. It remains committed to providing timely account information to customers. Bank SMS charges: Kotak Mahindra Bank will now charge for SMS alerts. The bank stated that this move will cover operational expenses. It remains committed to providing timely account information to customers. The bank will charge ₹0.15 for each SMS. According to a notification issued by Kotak Mahindra Bank, 30 SMS alerts per month will be free for customers. However, if customers receive more SMS than this, they will be charged a fee of ₹0.15 per SMS. This means that any new SMS received after 30 SMS will be charged ₹0.15. That means, if you are a Kotak Mahindra Bank customer and you make UPI, NEFT, RTGC and IMPS transfers, ATM withdrawals, cash transactions, cheque deposits, use of debit or credit cards, this SMS alert fee will be applicable. These customers will not ...