Inter Bank Mobile Payment Service

Mobile Money Identifier (MMID) is a 7 digit code issued by the bank to the customer for availing IMPS service. MMID is issued to only those customers whose preferred mobile number is registered with the bank. A customer will have different MMIDs for different accounts and all these can be linked to a single mobile number.

Send money using IMPS

• Login to the Kotak Mobile Banking application
• Select Banking > Payments > Other Banks - Instant (IMPS)
• Select your bank account from which the amount is to be debited and enter the following:
  1. 10 digit mobile number of the beneficiary
  2. 7 Digit MMID of the beneficiary
  3. Amount you wish to transfer
• Verify entered details and proceed with the transaction
• Receive SMS and email alerts for all IMPS transactions

Receive Money using IMPS

• Register your preferred mobile number with the bank
• Get the MMID for your account by:
  1. Sending "K MMID B" as an SMS to 9971056767 or 5676788 from your preferred mobile number registered with the bank. Here 'B' is the last 4 digits of your account number. The MMID for the account will be sent to you via SMS and email alerts
  2. Calling our 24-hour Customer Contact Centre or visiting the nearest Kotak Mahindra Bank branch
• Share your mobile number and the MMID with the sender

Please note: Transfer of funds via IMPS can be done between banks participating in IMPS.

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