Kotak Mahindra Bank is one the most trusted banks for home loans. It is an Indian private sector bank and its headquarters at Mumbai. Kotak Mahindra Bank offers banking and financial services for corporate and retail customers.There are so many banks and non-banking financial companies in India that provide various financial products to the customers. These can be banking, insurance, loans or credit cards. Kotak Mahindra Finance Ltd. was established in 1985. The same got converted into a bank- Kotak Mahindra Bank Ltd. in March 2003. Kotak Mahindra Bank has presence in commercial vehicles, Retail finance, Corporate Banking, Treasury and Housing Finance.
The Aqua Gold Credit Card from Kotak is an exclusive card designed to help you save money in the form of interest free cash withdrawals, fuel surcharge waivers and the card comes free for life with no annual fees, which implies more savings. Maximum waiver allowed upto Rs.3,500 for fuel transactions and Rs.500 for booking railway tickets in a calendar year.
1. Credit limit is set as 80% of the term deposit amount
2. Maximum credit limit available is Rs.12 lakhs.
3. Interest-free cash withdrawal facility available upto 48 days each year.
4. Cash limit is 90% of the credit limit sanctioned.
5. Fuel surcharge waiver permissible on transactions worth Rs.500-3,000.
6. Maximum waiver allowed upto Rs.3,500 for fuel transactions and Rs.500 for booking railway tickets in a calendar year.
7. Balance transfer is easy with a simple call to the bank.
|
Reward type |
Fuel |
|
Milestone rewards |
Get 4 free PVR tickets or cashback up to Rs. 750 on spending Rs. 1.50 lakh in a year. |
|
Add on card |
Get free add-on cards to share the benefits of this credit card with immediate family members. |
|
Security |
Cardholders get up to Rs. 50,000 as insurance against fraudulent transactions done up to 7 days before the day of reporting. |
|
Balance transfer facility |
Users can transfer the outstanding balance of other credit cards to this one and avail interest-free period at the same time. They will have to pay a nominal processing fee of Rs. 349 per Rs. 10,000 only. |
|
Reward point |
Fuel Surcharge Waiver Railway Surcharge Waiver Aqua Shield |
|
Railway Surcharge waiver |
If you are a frequent traveller and use Indian Railways often, Aqua Gold card holders get a waiver of 1.8% Railway Surcharge when the booking is made on irctc.co.in and 2.5% for transactions made at Booking Counters. |
|
Fuel surcharge waiver |
2.5% on the purchase amount. With the Aqua Gold Card, get a surcharge waiver on transactions between Rs.500 to Rs.3,000. The cardholder can get waiver benefits of upto Rs.3,500 in a calendar year which again, helps you in saving money. |
To apply for an Aqua Gold credit card, you have to pay fees and charges applied by the Kotak Mahindra Bank. It covers all charges and fees made by a bank to their customers.The following charges are taken from Kotak Mahindra Bank i.e joining fee, annual fee, interest rate, late payments charges etc.
|
TYPE |
CHARGES |
|
Joining Fee |
Rs. 1,499 |
|
Annual Fee |
Nil |
|
Late Payment Charges |
Rs.100 to 700, depending on the O.S balance |
|
Overlimit Fee |
Rs.500 |
|
Cash Withdrawal Fee |
Rs.300 for every Rs.10,000 withdrawn |
|
Add On card |
Nil |
Before applying for a Aqua Gold credit card from Kotak Mahindra Bank, you should fulfil all basic eligibility criteria as prescribed by the bank. You will get your credit card very soon if you meet all the required eligibility criteria once the documentation is done.
1. The primary applicant should be at least 18 years old with an upper cap of 75 years.
2. The applicant should be a resident of India.
Any applicant who is applying for an Aqua Gold credit card from Kotak Mahindra Bank must have to submit the following documents. These documents are the requirements for the lenders who are providing you the credit card.
1. KYC Documents = PAN, address proof and ID proof
2. Coloured photograph
3. Income Proof = Last 3 month salary slip
4. Last 3 months bank statement
5. ITR or Form 16
Kotak Mahindra Bank Credit Card Login
Cardholders of Kotak Mahindra Bank Credit Card can log in to their credit card account through following steps :
1. Login to www.kotak.com
2. Click on the “Net Banking” option
3. Enter CRN in User ID
4. Enter password or click on "Get Net Banking Password Online"
5. Click on the Credit Card Tab
6. Click on Service Requests
7. Choose “Register for eStatement”
1. Kotak Mahindra Bank Car Loan
2. Kotak Mahindra Bank Home Loan
3. Kotak Mahindra Bank Education Loan
4. Kotak Mahindra Bank Gold Loan
There are two reason to apply for Kotak Mahindra Aqua Gold Credit Card :
1. Offline Method : By visiting the nearest branch of Kotak Mahindra Bank
2. Online Method
Go to kotak.com and click on Explore Products > Cards > Credit Cards. A page listing all the credit cards will appear
Scroll down to ‘Aqua Gold Credit Card’ and click on ‘Apply Now’
An application form will appear where you have to fill personal details including the PAN Card Number and monthly income. Once you have filled the details, click on ‘Submit’
Verify your mobile number by entering the 6-digit OTP sent to your phone
After the verification, a representative from the bank will call you and guide you through the remaining process
Kotak Mahindra Aqua Gold Credit Card Customer Care
Contact number : 18602662666 / 18602660811
Email id : itsecurity.bank@kotak.com
Credit cards have become a very useful tool for people to complete their daily transactions like paying utility bills, paying mobile bills, buying groceries etc. Gone are the days when credit cards were only used for buying airline tickets or similar large transactions.
1. Login to Kotak Net Banking
2. Select ‘Credit Card’ option from the Home Page
3. Select ‘Payments”
4. Click on ‘Make Payment’ Option
Bank offered Financials products
The Aqua Gold Credit Card from Kotak is an exclusive card designed to help you save money in the form of interest free cash withdrawals, fuel surcharge waivers and the card comes free for life with no annual fees, which implies more savings.
The annual fee is NIL of a Kotak Mahindra Aqua Gold Credit Card.
The minimum age of the applicant is 18 years and maximum age is 75 years to get a Kotak Mahindra Aqua Gold Credit Card.
The rewards points are given in a Kotak Mahindra Aqua Gold Credit Card are :
Fuel Surcharge Waiver Railway Surcharge Waiver Aqua Shield
You can apply for a Kotak Mahindra Aqua Gold Credit Card online and offline by visiting the nearest bank branch.
You can contact through customer care toll free number and also through e-mail id for a Kotak Mahindra Aqua Gold Credit Card.
Fuel rewards are included in the Kotak Mahindra Aqua Gold Credit Card.
The interest rate is 2.99% per month provided by a Kotak Mahindra Aqua Gold Credit Card.
The minimum late payment charges is 100 and maximum charges are 700 of Kotak Mahindra Aqua Gold Credit Card.
The joining fee of Kotak Mahindra Aqua Gold Credit Card is Rs.1499.
Last Updated on : 02/Oct/2020Know More About CREDIT CARDS
You're eligible for a Kotak Mahindra Aqua Gold Credit Card if you:
Are legally adult enough to handle it
Have still got it
Get a regular pay check
Make more than a basic buck
Your eligibility depends on:
Earn more than minimum income required
Maximum allowed Credit Cards is Rs. 10K to Rs. 45 lakhs
EMIs of other loans loweryour eligibility
Boost your eligibility by:
Pay off your credit card bills
Choose longer tenure loan up to 5 years
Nothing gets done without that paperwork (which we'll happily carry over to the bank for you, no sweat). Here's what you'll need:
- 1. Photo ID and age proof
- 2. Signed application form with photograph
- 3. Residence proof
- 4. Last 6 months bank statement
- 5. Documentation for salaried applicants:
- Last 3 months salary - slips
- Form 16 or Income Tax Returns
- 6. Documentation for self-employed applicants:
- Last 3 years Income Tax Returns with computation of Income
- Last 3 years CA Certified / Audited Balance Sheet and Profit & Loss Account