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 Kotak League Platinum Card is a basic credit card that truly understands and compliments the lifestyle requirements of high net worth people and offers benefits perfectly catered to them. With this Kotak Mahindra Bank League Platinum Credit Card you will earn exciting cashbacks on lifestyle and entertainment spends. This credit card is accepted globally and cardholders can make credit purchases at any merchant outlet store worldwide.
1. Kotak League Platinum credit card is accepted globally and cardholders can make credit purchases at any merchant outlet store worldwide.
2. Kotak will assist you in making booking and reservations when it comes to travel. Stay and more.
3. Assistance in less than 2 hours, cardholders just have to send a SMS.
4. EMI Payments at no extra cost when you make costly purchases
5. You can withdraw up to 50% of your credit limit at no interest in any ATM.
6. Pay substantially less when you use the card for road and rail travel.
7. Fuel surcharge waivers for transactions between Rs.500 and Rs.3000.
8. Railway surcharge waiver of 1.8% for online transaction on IRCTC portal and maximum 2.5% surcharge waiver for tickets booked on counters.
9. For every Rs.100 spent using your card, you will gain 1 reward point.
|
Reward type |
Lifestyle and Entertainment |
|
Welcome benefits |
All new credit card members are welcomed into the Kotak family with a movie voucher worth Rs.500. The same is sent to the customers (via mail and mobile) once they have paid the joining fee. |
|
Reward points |
For every Rs.100 spent using your card, you will gain 1 reward point. Get up to 8x reward points for every Rs.150 spent |
|
Fuel Surcharge Waiver |
Patrons are also rewarded with fuel surcharge waiver for transactions in the range of Rs.500 and Rs.3000. The maximum waiver allowed in a year is Rs.3500. Reward points are not earned on such transactions. |
|
Railway Surcharge Waiver |
For transactions done on the Indian Railways online portal (irctc.co.in) or through the booking counters, cardholders save on the surcharge amount, subject to a maximum amount of Rs.500 in a calendar year. No reward points are earned on such transactions. |
|
League Shield |
Cardholders get a cover of Rs.75,000 against fraudulent use if the card is stolen for up to 7 days prior to reporting. |
|
Movie Tickets |
Customers can get a maximum of 8 complimentary PVR tickets in a year and the same need to be claimed within three months of the program period getting over. |
|
Kaya Skin Clinic Voucher |
Customers get lifetime free skin consultation at Kaya Skin Clinic with the card. Also, as an additional compliment, Kaya Skin Clinic glow facial voucher worth Rs.2000 is offered. |
|
Golf Club Membership and Priority Access |
As a Kotak League Platinum cardholder, you can choose between a golf fee card which will allow you to play golf at over 24 Indian golf courses with up to 50% reduced green fee or a priority pass which will give you access to over 600 premium airport lounges worldwide. |
To apply for a league platinum 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.499 |
|
Annual Fee |
Rs.499. Annual fee will be waived off on minimum retail spends of Rs.50,000 on first year and also from second year onwards. |
|
Late Payment Charges |
Varies from Rs.100 to Rs.700 depending on balance amount |
|
Cheque Bounce Payment |
Rs.500 |
|
Overlimit charge |
Rs.500 |
|
Cash withdrawal/fund transfer/call a draft for Rs.10,000 or a part thereof |
Rs.300 |
|
Interest Charges |
3.40% |
|
Foreign currency mark up |
3.50% |
|
Add-on Card |
Complimentary |
|
Late Payment Fee |
For outstanding balance less than Rs.500 = Rs.100 For outstanding balance between Rs.500 and Rs.10000 = Rs.500 For outstanding balance greater than Rs.10,000 = Rs.700 |
|
Cash Payment at Branch |
Rs.75 |
|
Card Replacement Charges |
Rs.100 |
|
Balance enquiry at other ATM and machine surcharge at ATMs |
Nil |
|
Charges for duplicate statement issuance and charge slip retrieval charge |
Nil |
Before applying for a league platinum 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 applicant should be in the age bracket of 21- 65 years
2. The add-on cardholder should be an adult (18 years or above)
3. The applicant should be an Indian resident.
4. Annual Income should be minimum Rs.5,00,000
5. Location – Ahmedabad, Bangalore, Chandigarh, Delhi NCR, Hyderabad, Mumbai, Navi Mumbai and Pune
Any applicant who is applying for a league platinum 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 League Platinum 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 ‘League Platinum 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 League Platinum 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 Kotak League Platinum Card is a basic credit card that truly understands and compliments the lifestyle requirements of high net worth people and offers benefits perfectly catered to them. With this Kotak Mahindra Bank League Platinum Credit Card you will earn exciting cashbacks on lifestyle and entertainment spends
The annual fee is Rs.499 of a Kotak Mahindra League Platinum Credit Card.
The minimum age of the applicant is 21 years and maximum age is 65 years to get a Kotak Mahindra League Platinum Credit Card.
The regards points are given in a Kotak Mahindra League Platinum Credit Card are :
For every Rs.100 spent using your card, you will gain 1 reward point.
Get up to 8x reward points for every Rs.150 spent
You can apply for a Kotak Mahindra League Platinum 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 League Platinum Credit Card.
Lifestyle and Entertainment rewards are included in the Kotak Mahindra League Platinum Credit Card.
The interest rate is 3.40% per month provided by a Kotak Mahindra League Platinum Credit Card.
The minimum late payment charges is 100 and maximum charges are 700 of Kotak Mahindra League Platinum Credit Card.
The joining fee of Kotak Mahindra League Platinum Credit Card is Rs.499.
Last Updated on : 02/Oct/2020Know More About CREDIT CARDS
You're eligible for a Kotak Mahindra League Platinum 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