Unlike most of the private banks in India, the Kotak Mahindra Bank is a bit different, it offers internet banking service a bit more advanced than others. If you check most of the private or other banks, the steps involved in registering the internet banking service is commonly by visiting the bank directly and submitting the application. However, when it comes to Kotak Mahindra Bank, the entire process could be done online and the allocation of account and login ID would be done within a maximum of 1-2 days.
The Kotak Mahindra Bank is the fourth largest private bank in India in terms of the market capitalization. According to the latest reports, the bank has almost 1370 branches spread in the country and 2160 ATMs.
Kotak Mahindra Bank as you know acquired the license from the Reserve Bank of India in February 2003. The bank through its internet banking offers different services like
- Fund transfer
- Mini statement
- Balance inquiry
- Update pan card and Aadhaar card details
- Book fixed or recurring deposits
- Set nickname to the account number
- Demand draft
- Mail money
- RTGS, IMPS, NEFT options and many other services
Kotak Online Net Banking Registration
The internet banking service on a Kotak Mahindra account does not come activated in default; the user should apply to get an internet banking account and then activate the account. Here is how to do it.
Step 1: Open your web browser
Step 2: Navigate to the official Kotak bank website or click here to go directly to the page https://www.kotak.com/OPR/fpass/ForgotPass.jsp
Step 3: On the page that appears on the screen, you will find a fill up form with fields requesting to enter the account details.
Step 4: The first field will be to enter the CRN number, unless you are thorough with the banking sector, you might find it confusing. The CRN number is the number noted below the name on your debit card. Enter this number and then enter the nick name. Now, agree to the terms and conditions and click the “Continue” button.
Step 5: In the next page, fill in the fields with all the requested data’s. Remember to enter the registered mobile number and email ID into the fields as most of the further communication would be through any one of these methods. Click the “Continue” button
Step 6: Now, on the next page you will be asked to select any one method from a list of 4 to generate the password, all you have to do is select a method and then proceed. Here I am selecting the method “Debit card details” a new fill up form with the fields to enter the Debit card details will appear on the screen. Enter all the details as requested and click “Continue” button.
Step 7: In the new page, you will be prompted to enter the password, enter a password and then click the continue button
Kotak Bank Net Banking First Time Login
Once, this process is completed, within 2-5 hour you will be delivered a 6 character password to the registered mobile number. Save this password and here is how to login to you internet banking account.
Step 1: To login to your internet banking account, visit the official website of Kotak Mahindra internet banking or click here to go directly to the page https://www.kotak.com/j1001mp/netapp/MainPage.jsp
Step 2: In the page, enter the CNR number as requested, PS: CNR number is the number on the debit card below the cardholder’s name. Enter the CNR number
Step 3: After entering the CNR number, you will have to enter the password. The password you enter should be in such a way that first 6 word the password you set and then the next 6 words the password that was delivered to your registered mobile number. So the password will have a total of 12 words.
Step 4: Click the “Secure Login” button and you will be logged into your Kotak Mahindra internet banking account.
Once you are logged-in to your account, you could consider changing the password to a new password.
Follow the procedures mentioned above to register and log into your Kotak Mahindra internet banking account.