Send money to a beneficiary

Cardless cash withdrawal via Instant Money Transfer (IMT)

Want to send money to a friend but the friend doesn’t have a bank account? Looking to help a family member with cash but you are too far away? Or is it one of those days when you have forgotten your wallet at home? No problem! Now you or your beneficiary can withdraw cash in a safe and convenient way WITHOUT a card. All you need is your mobile phone! 

The Cardless Cash facility allows you to send cash to anyone you choose to send it to, or to yourself, for withdrawal at a Kotak ATM. The receiver can withdraw cash without using a debit card. Yes, that's right! To withdraw cash, simply enter the details received via SMS on your mobile.