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 Urbane Credit Card gives you accelerated reward points and the freedom to redeem these points across any shopping that you do. With Urbane the cardholders earn 3 reward points for every Rs.100 spent. Kotak Urbane Gold Credit Card is well-suited to the needs of frequent shoppers as it rewards them for all purchases. Kotak Mahindra bank offers their customers a variety of credit cards ranging everything from lifestyle cards to corporate cards.
1. Earn 3X Reward Points per Rs.100 spent across all categories
2. Pay with Reward Points at select merchant outlets
3. Get up to 4 PVR Tickets on spending Rs.1 Lakh or more in a year
4. Get 10,000 bonus Reward Points under the Milestone Privilege
5. Credit Shield of up to Rs.50,000 in case of card loss
6. Add-on cards with option to set spending limit
7. Get an add-on card issued on your Urbane Gold Credit Card and extend the benefits to your family members.
|
Reward type |
Lifestyle |
|
Reward points |
Earn 3X reward every time you spend Rs.100 on retail transactions. When you earn 1000 reward points, its redeemable worth will be Rs.75. You must have a minimum of 1000 reward points for redemption |
|
Multiple redemption |
|
|
Milestone benefits |
The milestone feature lets you win 4 free PVR tickets or 10,000 reward points when you spend Rs.1 lakh in a year. |
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Urban Shield |
Enjoy a coverage of Rs.50,000 for fraudulent usage of your card up to a maximum period of 7 days if you report it in advance when your card is stolen. |
To apply for a urbane 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 Fees |
Nil |
|
Annual Fees |
Rs. 199 |
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Condition for waiver of Annual Fees - First Year |
Minimum retail spends of Rs.15000 each year |
|
Condition for waiver of Annual Fees - Second Year |
Minimum retail spends of Rs.15000 each year |
|
Addon card Fees |
Nil |
|
Interest Charges on outstanding Balances |
3.50% (Annualized 42%) |
|
Minimum Amount Due (MAD) (It will reflect in statement in column of minimum amount due) |
MAD can be 5% or 10% of TAD as decided by the Bank |
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ATM Cash Withdrawal/ Call a draft/ Fund Transfer/ Cash Advance per Rs. 10,000 or part thereof |
Rs. 300 |
|
Late Payment Charges ("LPC") |
Rs. 100 for statement o/s less than or equal to Rs. 500. Rs. 500 for statement o/s between Rs. 500.01 to Rs. 10,000. Rs. 700 for statement o/s greater than Rs. 10,000) |
|
Over Limit Charge |
Rs. 500 |
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Cheque Bounce Charges |
Rs. 500 |
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Foreign Currency Mark Up |
3.5% |
|
Railway Booking Surcharge (1.8%/2.5% on transaction amount) |
Applicable |
|
Fuel Surcharge (1% on transaction or INR 10 whichever is higher) |
Applicable |
|
Fee for Cash payment at Bank |
Rs. 100 |
|
Outstation Cheque Processing Fee |
Waived |
|
Reissue/ Replacement Card (per issuance) |
Rs. 100 |
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Charge Slip Request |
Waived |
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Machine Surcharge at ATMs |
Waived |
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Balance Enquiry Charges at Non Parent Bank ATM |
Waived |
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Duplicate Statement Request |
Waived |
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Web Pay Service Fee |
Waived |
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Furnishing a copy of Credit Information Report (CIBIL) |
Waived |
Before applying for a urbane 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. You should be aged 21 and above but not more than 65 years to be a primary cardholder. The Add-on cardholder should be aged 18 and above.
2. Customers must be located at any of the following cities to be eligible for the card: Delhi (including Noida and Gurgaon), Chennai, Kolkata, Ahmedabad, Bangalore, Hyderabad, Mumbai, Navi Mumbai and Pune.
3. Must have a minimum annual income of Rs.3 lakh and above.
4. Must be an Indian resident.
Any applicant who is applying for a urbane 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”
Kotak Mahindra Bank other products
There are two reason to apply for Kotak Mahindra Bank Urbane Gold 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 ‘Urbane 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 Urbane 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 Kotak Urbane Credit Card gives you accelerated reward points and the freedom to redeem these points across any shopping that you do. With Urbane the cardholders earn 3 reward points for every Rs.100 spent.
The annual fee is Rs.199 of a Kotak Mahindra Urbane Gold Credit Card.
The minimum age of the applicant is 21 years and maximum age is 65 years to get a Kotak Mahindra Urbane Gold Credit Card.
The regards points are given in a Kotak Mahindra Urbane Gold Credit Card are :
Earn 3X reward every time you spend Rs.100 on retail transactions.
When you earn 1000 reward points, its redeemable worth will be Rs.75.
You must have a minimum of 1000 reward points for redemption
You can apply for a Kotak Mahindra Urbane 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 Urbane Gold Credit Card.
Lifestyle rewards are included in the Kotak Mahindra Urbane Gold Credit Card.
The interest rate is 3.50% per month provided by a Kotak Mahindra Urbane Gold Credit Card.
The minimum late payment charges is 100 and maximum charges are 700 of Kotak Mahindra Urbane Gold Credit Card.
The joining fee of Kotak Mahindra Bank Urbane Gold Credit Card is NIL.
Last Updated on : 01/Oct/2020Know More About CREDIT CARDS
You're eligible for a Kotak Mahindra Urbane 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