Kotak Bank Statement is a monthly statement of an account containing the records of all the banking transactions happening over a period of time. For example, one could choose to see all the transactions in his/her account for the last 3 months or for the last 1 year, whatever the requirement is.
What is the format of Kotak Bank Statement?
Kotak Bank Statement is divided into 3 sections namely:
- Account holder’s details
- Account details
- Transaction details
| Account holder’s details | Account details | Transaction details |
| At the top of the page, there is a section containing the details of the account holder. These details include the account holder’s name, registered mobile number, and residential address. | Followed by account holder details, there is a section containing the account summary, which includes: Kotak Mahindra Bank account number, type of account, total account balance & much more. | The last section holds the transaction details recorded (both debit and credit) with date, amount, and the description of the payee or payer. The closing balance after every transaction is also mentioned. |
How to get Kotak Account Statement?
There are 2 ways to get a bank statement of Kotak Mahindra Bank:
| Online mode
Kotak Mahindra Bank statement can be accessed through digital banking platforms without visiting the bank branch. |
Offline mode
Kotak Mahindra Bank statement can be accessed only by visiting the bank branch. |
How to get Kotak Bank Statement Online?
One can get Kotak Mahindra Bank statement online via Netbanking, Mobile banking. An account holder can also opt for e-Statements.
| Kotak Bank Net Banking | Kotak Mahindra Bank Mobile Banking |
| Kotak Netbanking is an online banking platform using which customers can carry out a variety of financial as well as non-financial transactions. | In order to provide convenience to all its account holders, the bank introduced Kotak Mahindra Bank Mobile Banking facility for all its account holders. |
| Customers will only be required to carry out Kotak Mahindra net banking registration and then login with their credentials to avail the account statement. | Customers are required to download and then register for Kotak Mahindra mobile banking and get the account statement under the “Account Summary” section. |
| Here are the steps to avail the Kotak Bank account statement:
Login to Netbanking > Banking > Service Request > New Service Request > Choose Savings or Current Account > Account Statement. |
Here are the steps to avail the Kotak Bank account statement:
Log in to the Kotak Mobile Banking app > Banking > Statement Request. |
Kotak Bank e-Statement
Kotak Bank provides bank statements via mail to its customers which are known as e-Statement. One needs to register for e-Statement in order to avail this facility.
Opting to receive statements via email benefits a customer in number of ways. Some of the benefits are as under:
- Helps in keeping a check on the account
- Helps in preventing fraudulent activities or theft
- Free of cost, hence economical
- Can be accessed from the comfort of office or home
- Environmental friendly
How to get Kotak Bank Statement Offline?
One can visit any Kotak Mahindra Bank branch and ask for an account statement of the desired time period. A customer needs to choose the statement period according to his/her requirement and collect the same from the bank branch.
In cases like filing a tax return, the customer needs to get the certified bank statement, which acts as a proof of financial standing. Thus, an account holder needs to visit the nearby Indian Bank branch to avail certified bank statements.
Therefore, under such situations it becomes essential for the account holders to visit the bank branch and get bank statements offline.
For any queries or issues regarding the same, one can get in touch with Kotak Mahindra Bank Customer Care.
What are the benefits of Kotak Bank Account Statement?
Kotak Mahindra Bank statement details each transaction and serves as a key tool in managing one’s account. Here are some the benefits of Kotak bank statement:
| Tracking fees/penalties | Receivables Tracking | Transaction Status Updates |
| Identify frauds | Interest Tracking | Balancing the account |
| Managing finance | E-statements | Verify the bill payments |
FAQs
Q: What are the perks of Kotak Bank Statement?
A: Kotak Bank statement is a great tool to help account holders to keep a track of their funds. This helps account holders to track their finances, identify errors, and recognize spending habits.
With Kotak Bank statement, one can verify bill payments and debit card charges which were debited from the bank account.
Q: How to get Kotak Bank account statement online?
A: Kotak Bank offers the facility of net banking and mobile banking using which the customers can get their account statements online.
About Kotak Mahindra Bank
Kotak Mahindra Bank is one of the leading banks and financial services groups in India. Headquartered in Mumbai, the bank has 1500 branches and 2,352 ATMs across India as on 31st May 2019. It offers a wide range of banking and financial services including investment banking, personal banking, general insurance, life insurance, and wealth management.