Starting December 2025, Kotak Mahindra Bank will begin levying nominal charges for SMS alerts related to transactions on Savings and Salary accounts. According to the bank, customers will be charged Rs 0.15 per SMS, with the first 30 alerts each month remaining free. The charges will apply once the free limit is exceeded. These SMS alerts typically notify customers about key account activities, including UPI, NEFT, RTGS, and IMPS transfers, ATM withdrawals, cash deposits, cheque clearances, and debit or credit card transactions. However, there is a waiver for accounts maintaining balances of Rs 10,000 (Rs 5,000 for 811 accounts). While Kotak Mahindra Bank has clarified that the fee is nominal, the decision could impact users who rely heavily on text-based alerts rather than mobile ap

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