00:00To deactivate or close your Kotak Mahindra bank account, you must submit a physical account
00:04closure form at your nearest Kotak Mahindra bank branch, as the bank does not support a
00:08fully online closure process. Step-by-step closure process, clear pending dues, and stop standing
00:14instructions. Withdraw or transfer any remaining balance out of your account.
00:18Consult or redirect all active EMIs, SIPs, ECS, UPI IDs, and autodevits linked to the
00:25account to avoid balance charges or failed payments. Download or collect the closure form.
00:30Download the official Kotak Mahindra bank account closure form from the website,
00:34or pick one up directly from your nearest Kotak branch. Fill out the required details.
00:38Enter your account number, account holder name, contact details, and the reason for closure.
00:44Specify how you want to receive any remaining balance by cash, demand draft, or transfer to
00:49another account. Sign the form. All joint account holders must sign if it is a joint account.
00:53And gather. Supporting documents and account items. Identity proof, original, and a photocopy of your
01:00paying card, out of hard card, passport, or driving license. Debit card. Return your physical debit card,
01:06cut it into pieces diagonally. Checkbook. Return any unused check leaves. Passbook. Return the physical
01:13passbook if applicable. Submit at the branch. Visit your home branch or any nearest Kotak Mahindra bank branch
01:20and submit the completed form, documents, and card check items. Select an acknowledgement receipt
01:25from the bank executive before leaving. The bank will process the request and send a confirmation via
01:30SMS or register email within 7 to 10 working days. Timeline-based charges. Within 30 days of opening,
01:38usually free of account closure charges. Between 31 and 80 days. Subject to an account closure fee,
01:45around 600 plus GST, depending on the account variant. Below. After 180 days, 6 months, no account
01:53closure charges apply. No immediate reopening. After closing a Kotak account, you may face a cooling
01:58period of 30 to 60 days before you can open a new account with the same bank. And that's the
02:04full picture.
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