Click aboe figure to know the details of Closing Kotak Credit card

Close Kotak credit Card

How to close Kotak Credit card? This question starts coming into our minds once we decided to cancel the credit card. This blog illustrated the topics- Close Kotak Mahindra credit card online;Close kotak credit card temporarily;Close Kotak credit card permanently;Cancel Kotak credit card online in India;Customer care number.

There are different methods to close down the Kotak Credit card. In this blog, you will get complete information related to the closure of Kotak credit Card.

Proper closure of the Kotak Mahindra credit card process is an important issue because many of the Kotak credit cards are mainly meant for taking specific kinds of loans. If the closure of the Kotak credit card is not been processed properly then there are chances of loss in SBIL points and one can miss important financial sanctions by the bank at the time of need.  

Our research team has tried to address all the related probable questions related to the closure of the Kotak credit card. Our team has mainly focused on mandatory checking before closure application, how to close by the Kotak credit card online without any hassle, and a few other related general queries, we have shared the answer to these questions one by one in the below lines, you are requested to spare 2-3 minutes of your valuable time.

  • Essential check before closure of kotak credit card
  • Close Kotak Mahindra credit card online
  • Close kotak credit card temporarily
  • Close Kotak credit card permanently
  • Cancel Kotak credit card online in India
  • Customer care number
  • Pros and Cons
  • Conclusion
  • Frequently asked question

Essential check before the closure of Kotak credit card

It is essential to complete a few essential criteria fixed by Kotak Mahindra Bank before moving towards the closure application of credit cards.

  • There must not any outstanding amount against the credit card. All should be cleared. You have to check the zero outstanding amount in the name of the Kotak Mahindra Credit card. You can check it by simply logging in to the credit card online system and check it out.
  • In case there is any amount then immediately you have to pay and make the way clear for closure.
  • If there is any attached ongoing loan then obviously, Bank will not process your closure application. You have to pay the complete loan amount with pre-closure of loan charges. Every sanctioned loan has an already determined number of EMI, if you are paying it in advance then the bank will charge a lump sum amount as the pre-closure charges, this charge is around 3 percent of the outstanding amount.
  • To know the exact amount that you need to pay before the closure of the card, you can contact the customer care executive of Kotak Mahindra Bank. The customer care number is provided on the back side of the credit card itself.
  • When the customer care executive will know your intention that you want to discontinue the credit card facility, then quite naturally, he or she tries to change your mind. After all their salary comes from the customers. How does anyone want to lose customers? A customer care executive may offer you service related to your problem’s solution on a priority basis.
  • Customer care executives may offer you a few lucrative offers such as upgradation of your card such that you will be entitled to enhanced facility or sanction of low-interest rate loan against the credit card, etc. Now, it will be on you to accept the offer and continue the facility or you may be rigid with your decision.
  •  The customer care executive will finally let you know the exact amount of money that you have to pay if you want to close it permanently.    

Close Kotak Mahindra credit card online

In this era of the internet, when we all want to perform our essential work in our free or leisure time, the online process to close Kotak Mahindra Credit card is the favorite of all age groups of the people.

The process of online closure of Kotak Credit card requires a few simple steps-

  • Go to the log-in page of Kotak Mahindra bank by clicking the following link-

https://www.kotak.com/en/digital-banking/ways-to-bank/net-banking.html

  • Select the credit card option available on the left side column undercard.
  • Browse down the credit card option, and select your card number.
  • A credit card cannot be closed instantly, hence no bank provide online instant closure.
  • Select the option of deactivation of your credit card. If you will not deactivate your credit card then the closure process will have the problem of counting the day for any interest etc.
  • Once the card is deactivated after putting confirmation OTP formalities; the move on inbox option is present in the right corner upside of the monitor screen.
  • Open the inbox and start typing a mail to the customer care Manager and request him to close the such and such credit card as you have paid the entire outstanding amount and you have deactivated the credit card also.
  • In four to five working day closure notice will come to your registered mail.
  • Many of us think that now we have received the closure notice thus all are over and let us forget the bank process and relax. But, our research team likes to suggest you check your CIBIL report and re-verify that the closure of the Kotak credit card is over properly.
  • Many times it has been observed that due to some human mistakes, a few amounts related to your loan or some other card expenses still reflect as dues. In this case, you have to again take the pain and correspond to a bank official to correct it.

Close Kotak credit card temporarily

Sometimes we feel necessary to close down the Kotak Mahindra Credit card for some time. Kotak Mahindra Bank provides the facility for a temporary closure of the credit card. Following are the steps that one can take for the temporary closure of the Kotak credit card –

  • Go to the online banking system of Kotak Credit Card, log in to the system and select the credit card option and choose the option of temporary close. A one-time password will go to your registered mobile and entering that and selecting the option of temporary closure will close your credit card.
  •  Temporary closure of credit cards can also be done with help of customer care services. The contact number of customer care is provided on your credit card itself. Select the option of credit card and select the temporary closure under the option the credit card.

Close Kotak credit card permanently

Permanent Kotak credit card closure requires clearing the entire outstanding amount first. Then one can use customer care services or an online banking facility to close the Kotak credit card permanently. You can contact the bank by taking help of the link – https://www.kotak.com/en/personal-banking/cards/credit-cards.html

Cancel Kotak credit card online in India

When a person moves out of the country and or has a Kotak Credit Card issued in India and if he or she wants to close down the card then this column is helpful.

Kotak Mahindra provides helpline numbers for a different countries, these numbers can be used to cancel Kotak Credit Card; however, cancelation process can be done by an online banking facility. Following are contact numbers-  

USA: 1855 365 676, Australia: 001180044990000, Hong Kong: 00180044990000, U.K.:008004499000, Canada:18557684020, Singapore:8001013054

This link gives all the necessary information https://cards.kotak.com/?channelCode=SF96&utm_source=CCWebsite&utm_medium=BannerAllCards&utm_campaign=Trevor

Kotak credit card customer care number

Kotak Bank provides customer care number for any query of the customers. Kotak credit card status customer care number is 1860 266 0811.

Customer care number is functional from Monday to Saturday from 9:30 AM to 6:30 PM