Fees
Annual feeINR 499 + GST (waived on INR 1,00,000 annual spend)
Joining feeINR 299 + GST
Renewal feeINR 499 + GST (waived on INR 1,00,000 annual spend)
Fee waiverAnnual spend of INR 1,00,000 in preceding anniversary year
Spend waiverINR 1,00,000 in anniversary year
Interest rate3.50% per month (42% per annum)
Late paymentINR 100-INR 1,300 (based on amount due)
Forex markup3.5% on all foreign currency transactions
Cash advance2.5% of amount withdrawn or INR 500 (whichever is higher)
Eligibility
Min income (salaried)N/A - Business card
Min income (self-emp.)Annual ITR above INR 4.8 lakh
Income requirementAnnual ITR above INR 4.8 lakh; self-employed Indian resident
Credit score750+ (CIBIL)
Age range21-65 years
Employment typeSelf-employed
Resident typeIndian Resident
Rewards & cashback
Accelerated rate4 Reward Points per INR 100 on Travel & Tour Operators, Domestic Airlines, Direct Marketing/Advertising services, Supermarkets, Hotels/Motels/Resorts
Redemption optionsKotak Rewards Portal (cashback, vouchers, merchandise)
Points expiry3 years
Bonus categoriesTravel & Tour Operators; Domestic Airlines; Direct Marketing/Advertising services; Supermarkets; Hotels, Motels and Resorts
Travel & lounge
Domestic lounge1 complimentary domestic airport lounge visit per calendar quarter (Visa lounges in Indian airports)
International loungeNot included
Lounge conditionsNo minimum spend condition for quarterly lounge visit
Travel insuranceAir accident insurance; credit liability cover INR 50,000 on lost/stolen card misuse
Insurance coverageAir accident insurance cover
Lifestyle
Fuel surcharge1% fuel surcharge waiver on fuel transactions
Additional1.8% railway surcharge waiver on IRCTC bookings (www.irctc.co.in); MakeMyTrip offers on domestic hotel and flight bookings; up to 48-day interest-free credit period on retail transactions; valid internationally (Visa acceptance worldwide). Designed for self-employed proprietors and partners in partnership firms.
Insurance & protection
Other insuranceCredit liability cover: INR 50,000 against lost/stolen card misuse
Digital & security
Contactlesstrue
Virtual cardtrue
Zero liabilityZero liability on timely fraud reporting to bank; claim documents within 60 days of intimation
WhatsApp supporttrue