From December 2025, Kotak Mahindra Bank will charge ₹0.15 per SMS beyond 30 free monthly transaction alerts. Customers maintaining balances of ₹10,000 or ₹5,000 will be exempt. The bank also slashed debit card fees, reducing the Privy League Black Metal and LED Card annual charges to ₹1,500, effective November 1, 2025.