How can Offline Clients transfer funds? (Clients who place order through Dealers) / Can I make a payment to the beneficiary bank account via an offline transaction?

bank and fill out an RTGS form, or a NEFT challan with the beneficiary details provided by Kotak Securities and initiate a transfer from your account. This must only be done with a linked bank account otherwise the transaction would not be successful. You cannot deposit cash into the beneficiary bank account, you can only make transfers using NEFT, RTGS, or IMPS.

They can transfer Funds through NEFT / RTGS / IMPS and through a cheque - given below is the process in detail:

NEFT / RTGS / IMPS

  1.  Log in to your linked net banking account
    
  2.  Add ‘Kotak Securities Ltd’ as a beneficiary
    
  3.  Transfer the desired amount via NEFT/ RTGS/     IMPS
    
  4.  You will receive the credit in your trading account within 30 minutes to maximum 2 hours
    
  5.  In case, you have not received the fund credit in more than 2 hours, please share a screen shot (image) of the transfer activity on email with your RM/ Dealer/ Back Office or service.securities@kotak.com for further processing.
    

Here's our Bank (Beneficiary) account details:

Beneficiary Name: Kotak Securities Ltd Account Type: Current
Account Number: 09582000000777
IFSC Code: KKBK0000958
Bank Name: Kotak Mahindra Bank Limited
Bank Branch: Nariman Point, Mumbai
Beneficiary Details: NSE/BSE (Equity, F&O, Currency, Commodities)

Cheque

  1. Draw a cheque in favour of ‘Kotak Securities Ltd’ (from your linked bank account only)

  2. Deposit the cheque directly into our bank account

  3. Alternatively, drop the cheque to your nearest Kotak Securities branch

  4. You will receive the credit in your trading account within 3-4 working days

  5. Share snap (image) of your cheque on email with your RM/ Dealer/ Back Office and/or at service.securities@kotak.com for further processing

Here's our Bank (Beneficiary) account details:

Beneficiary Name: Kotak Securities Ltd Account Type: Current
Account Number: 09582000000777
IFSC Code: KKBK0000958
Bank Name: Kotak Mahindra Bank Limited
Bank Branch: Nariman Point, Mumbai
Beneficiary Details: NSE/BSE (Equity, F&O, Currency, Commodities)