How To Transfer Money From Kotak 811 To Other Bank

       

How To Transfer Money From Kotak 811 To Other Bank

Are you Looking for how to transfer money from your Kotak 811 Bank Account to any other bank account? If your answer is yes you are at the right place.  here we are going to see how to transfer money from your Kotak 811 bank account to other bank accounts. It is very simple and no special skill is required for this purpose.  There are a few steps you need to follow and at the end, you will successfully transfer funds from your Kotak 811 account to any other bank account. 

    As we all know that Kotak 811 is a mobile banking application that allows users to transfer money from one account to another. In order to transfer money from Kotak 811 to another bank, follow the steps below:

How To Transfer Money From Kotak 811 To Other Bank

1) By using Kotak 811 App -

To beneficiary - 

You can transfer money from your bank account to your beneficiaries. But to transfer money from your bank account to your beneficiary Bank Account, first, you need to add them to your Kotak 811 app, after the successful addition of Beneficiary, you can transfer money from your Kotak Bank to your beneficiary Bank Account. 

Read >>> How to add beneficiary to Kotak 811 account. 

  If you transfer money frequently to the same contact then it is good to add those Contact as beneficiaries to your Kotak 811 account, if not you can use the one-time transfer feature which exists in Kotak 811 App.

One Time Transfer - 

The one-time transfer feature is the best feature available in Kotak 811 Account which provides you three methods to transfer money from your Kotak 811 account to another bank account.

1) Using Bank Account Details - 

If you have bank details of the Receivers bank account in which you have to transfer the money you can simply transfer the amount using this Simple method.

First Step -

To Transfer money using bank details first open your Kotak 811 mobile application and go to 'Pay and Transfer' Section in your App.

Second Step -

Now you will see there is a very first option "Transfer money". Simply click on it and another app page will open on your mobile screen. There are also several options click on the first option send money now you can see there are also plenty of options in front of you...

Tap on One Time Transfer - after clicking on one-time transfer you will see the following three options on your mobile screen

  1. Account number
  2. UPI Transfer and
  3. Repeat transaction -

Third Step -

Simply tap on the 'Account number', and Now a new Page will open on your Mobile Screen, here at this stage you have to enter the receiver's bank account details. First, it will ask you to select the receiver's Bank.

Second, after selecting Bank you have to enter the IFSC code.

Third, enter the receivers Bank account number, again you have to confirm the account number.

Now you need to select an account type such as savings, current, overdraft, loan account, etc.

Now enter the beneficiary name to whom you have to transfer money and Now enter transfer details such as the amount and remark, Remark is optional, You can add information such as for what purpose you are transferring your money.

Fourth Step -

After successful entry of required credentials hit that continue button. It will ask you to confirm the details. Hit Confirm Button and You will receive OTP on your mobile phone. Enter that OTP and hit that submit button. Congratulation this way you can transfer your Kotak 811 money e to another bank account.

2) Unified Payment Interface (UPI) -

There is another option available which is the unified payment interface UPI. If you know the receiver's UPI ID you can choose this option.

To Transfer Money through UPI tap on Unified Payment Interface (UPI). Now enter your mobile number or UPA ID.

If you enter your mobile number you will see a list of apps through which you can transfer your money to another bank account. There are apps to transfer money such as PhonePe, Bhim, Google Pay, Paytm, etc. You can also enter your UPI ID for example bankboi@kotak UPI id. you can enter the valid UPI ID of receivers and confirm.

After confirmation of UPI ID, You need to enter the desired amount to transfer. And then hit that continue button. It will send you OTP enter that OTP and hit that submit button. This way you can transfer your money to another bank account.

3) Repeat Transactions

Other Methods to Transfer Kotak 811 Money to any other Bank Account

Scan and Pay (QR) - To transfer money from one Bank account to another bank account, You can scan and pay through a QR code. It is a very simple method available for everyone. If you have the receiver's QR code to transfer money then you can simply scan it and send the desired amount.

Through Phonepe / Paytm / Google Pay -

You can also transfer money from your Kotak 811 account to any other bank account with the help of PhonePe/Paytm Google pay etc. for this purpose you need a verified Phonepe / Paytm or Google Pay account.

Transfer Limit - 

1) Payment Gateway transaction limit is up to 10 lakh per day/per transaction. 2) Own account fund transfer — No limit (up to the available balance in the debit account). 3) IMPS to the registered beneficiary - up to Rs 5 Lakh per day/per transaction. 4) NEFT to registered beneficiary per day - up to Rs.10 lakh./per transaction - up to Rs 5 lakh. (Newly added beneficiary — less than 24 hours old — the limit is Rs 25,000).


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