Kotak Mahindra Bank is charging Rs 0.15/sms if you fail to maintain this minimum balance in your account

Kotak Mahindra Bank will implement an SMS fee of Rs 0.15 per transaction alert starting December 1, 2025, with a free limit of 30 alerts monthly. This charge applies to various account activities like UPI transfers and ATM withdrawals. However, customers maintaining a minimum balance of Rs 10,000 (or Rs 5,000 for 811 accounts) will be exempt from this fee.