SELECT `id` FROM `tbl_card` WHERE `title` = 'Kotak Mahindra Silk Inspire Credit Card' AND `card_type` = 'Credit Cards' Kotak Mahindra Silk Inspire Credit Card - Benefits, Rewards, Eligibility

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KOTAK MAHINDRA SILK INSPIRE CREDIT CARD

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 Silk Inspire Credit Card has been exclusively designed for women to derive benefits on card spends. Your lifestyle requirements and the relevant benefits have been kept in mind so that you could derive the maximum out of it. The Kotak Silk Inspire Credit Card is a VISA Chip Platinum Credit Card. Right from shopping, travelling, movies, dining to what not, this card serves multiple needs of all the women.

Kotak Mahindra Silk Inspire Credit Card Features

1. Get up to 5x reward points on every Rs.100 spent on clothing.

2. Earn 1 reward point on every Rs.200 spent on any other categories.

3. Fuel surcharge waiver of 2.5% is applicable when you use your Kotak Silk Inspire Credit Card at any petrol pump across the country.

4. Enjoy 8 free PVR tickets every year.

5. Kotak Silk Inspire Credit Card members can earn up to 5x reward points on every Rs.100 spent on apparels using the card.

6. This card tries to fulfil the needs of its women customers 

7. Right from shopping, travelling, movies, dining to what not, this card serves multiple needs of all the women.

Kotak Mahindra Silk Inspire Credit Card Benefits 

Reward type

Shopping, Travel, Dining and Movies

Silk Inspire Shield 

In case your card is stolen, you get a cover of up to Rs. 75, 000 against fraudulent transactions. 

Lifestyle benefits

Cardholders also get attractive dining, shopping, travel or entertainment offers on Kotak Mahindra Bank website. Check offers regularly and save money!

Add On Cards 

You can get add-on cards with all the primary card benefits for your loved ones at a nominal fee. You can set the spend limit on your add on card and can track the spends separately. Visit Kotak Bank website to apply for an add-on card instantly.

Reward Points 

You can earn up to 5x reward points on every Rs.100 spent on apparels using the card. 

Minimum retail shopping spends is restricted to Rs.7500 per billing cycle. 

You can also earn 1 reward point on every Rs.200 spent on other categories.

Fuel surcharge waiver 

Fuel surcharge waiver is allowed at any petrol pumps in India on transactions between Rs.500 to Rs.3,000. Women can claim a maximum waiver of Rs.3,500 in a calendar year.

Kotak Mahindra Silk Inspire Credit Card Fee and charges

To apply for a Silk Inspire 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 fees

Rs.599 one-time joining fee will be charged for the first year.

Annual fee

Annual fee of Rs.599 will be charged at the beginning of the second year. This fee can be waived if the customer has spent Rs.1, 25, 000 in the first year.

Duplicate card

Rs.100

Cheque bounce charges

Rs.500

Cash payment

Payments made by the bank will attract a Rs.75 processing fee.

Foreign currency mark-up

Up to 3.5%

Add-on card

Nil

Interest charges

3.5%

Late payment charges

Rs.100 to Rs.500 = RS.100

RS.500 to Rs.10000= Rs.500

Rs.100001 and above = Rs.700

Over limit charge

Rs.500

Kotak Mahindra Silk Inspire Credit Card Eligibility Criteria

Before applying for a Silk Inspire 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. You are between 18 to 75 years old.

2. You are located in Bangalore, Ahmedabad, Chennai, Delhi, Chandigarh, Hyderabad, Mumbai, Kolkata, Navi Mumbai or Pune.

3. If you have an individual term deposit with a minimum amount of Rs.50000.

4. You are an Indian resident

Kotak Mahindra Silk Inspire Credit Card Documents Required

Any applicant who is applying for a Silk Inspire 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”

Kotak Mahindra Bank other products

1. Kotak Mahindra Bank Car Loan

2. Kotak Mahindra Bank Home Loan 

3. Kotak Mahindra Bank Education Loan 

4. Kotak Mahindra Bank Gold Loan

How to apply for Kotak Mahindra Silk Inspire Credit Card

There are two reason to apply for Kotak Mahindra Silk Inspire Credit Card :

1. Offline Method : By visiting the nearest branch of Indusind 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 ‘Silk Inspire 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 Silk Inspire Credit Card Customer Care

Contact number : 18602662666 / 18602660811

Email id : itsecurity.bank@kotak.com

Kotak Mahindra Bank Credit Card Payment Online 

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

BUSINESS LOAN

CAR LOAN

COMMERCIAL LOAN 

EDUCATION LOAN

GOLD LOAN

HOLIDAY LOAN 

HOME LOAN 

LOAN AGAINST PROPERTIES 

LOAN AGAINST SECURITIES

PERSONAL LOAN

PROFESSIONAL LOAN

TWO WHEELER LOAN

Kotak Mahindra Silk Inspire Credit Card Frequently Asked Questions 

1. What is a Kotak Mahindra Silk Inspire Credit Card?

The Kotak Silk Inspire Credit Card has been exclusively designed for women to derive benefits on card spends. Your lifestyle requirements and the relevant benefits have been kept in mind so that you could derive the maximum out of it.

2. What is the annual fee of a Kotak Mahindra Silk Inspire Credit Card?

The annual fee is Rs.599 of a Kotak Mahindra Silk Inspire Credit Card.

3. What is the minimum and maximum age the applicant is required to get a Kotak Mahindra Silk Inspire Credit Card?

The minimum age of the applicant is 18 years and maximum age is 75 years to get a Kotak Mahindra Silk Inspire Credit Card.

4. What are the rewards points given in a Kotak Mahindra Silk Inspire Credit Card?

The rewards points are given in a Kotak Mahindra Silk Inspire Credit Card are :

  • You can earn up to 5x reward points on every Rs.100 spent on apparels using the card. 

  • Minimum retail shopping spends is restricted to Rs.7500 per billing cycle. 

  • You can also earn 1 reward point on every Rs.200 spent on other categories

5. How can I apply for a Kotak Mahindra Bank Silk Inspire Credit Card?

You can apply for a Kotak Mahindra Silk Inspire Credit Card online and offline by visiting the nearest bank branch.

6. How do I contact customer care for a Kotak Mahindra Silk Inspire Credit Card?

You can contact through customer care toll free number and also through e-mail id for a Kotak Mahindra Silk Inspire Credit Card.

7. What type of rewards are included in the Kotak Mahindra Silk Inspire Credit Card?

Shopping, Travel, Dining and Movies rewards are included in the Kotak Mahindra Silk Inspire Credit Card.

8. How much interest rate is provided by a Kotak Mahindra Silk Inspire Credit Card?

The interest rate is 3.50% per month provided by a Kotak Mahindra Silk Inspire Credit Card.

9. What are the minimum and maximum late payment charges of Kotak Mahindra Silk Inspire Credit Card?

The minimum late payment charges is 100 and maximum charges are 700 of Kotak Mahindra  Silk Inspire Credit Card.

10. What is the joining fee of a Kotak Mahindra Silk Inspire Credit Card?

The joining fee of Kotak Mahindra Silk Inspire Credit Card is Rs.599.

Last Updated on : 01/Oct/2020

Know More About CREDIT CARDS

Kotak Mahindra Silk Inspire Credit Card

You're eligible for a Kotak Mahindra Silk Inspire 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