The Kotak Essentia Platinum Credit Card is great for you if you tend to shop at departmental stores and grocery stores very often. This Kotak Credit Card is designed to facilitate 10% savings each time it is used at grocery stores or departmental stores. As a holder of this credit card, you can also enjoy several other benefits like card insurance and quality customer assistance.
Type of fee |
Amount |
Joining fee |
₹1,499 |
Annual fee |
₹749 |
Interest charges on outstanding balances |
3.50% per month |
Cash withdrawal fee per Rs.10,000 or part thereof |
₹300 |
Late payment charges |
If the outstanding amount is:
|
Over limit fee |
₹500 |
Call a draft or funds transfer fee |
₹300 for every ₹10,000 withdrawn/transaction |
Add on card charges |
₹299 per card |
Furnishing a copy of CIBIL |
₹50 |
Fee for cash payment at a branch of the bank |
₹100 |
Reissue or replacement of the card |
₹100 (per issuance) |
Disclaimer: The aforementioned fees and charges are subject to change at the issuer's discretion. Please refer to the issuer's MITC document for more details.
The following are the eligibility requirements for the Kotak Essentia Platinum Credit Card:
Minimum Age: 21 years
Maximum Age: 65 years
Add-on Credit Card Age Limit: 18 years
Nationality: Indian Resident
The documents required to apply for this credit card are:
Proof of address documents like Aadhaar card, passport, voter ID, driving licence, ration card, rent agreement, utility bills
Proof of identity documents such as PAN card, Aadhaar Card, voter ID, passport, ration card and driving licence
This Credit Card is not currently available on the Bajaj Markets website. Those interested in applying for the card can do so either on the Kotak Mahindra Bank's official website or at a branch near them.
Every billing cycle in which you are over the limit, a flat over-limit fee of ₹500 will be applied if the total transaction value exceeds 100% of the credit limit..
There are no additional savings points available for add-on cardholders. For the primary and add-on cards combined, the monthly saving point limit (500) has been set. As a result, the add-on cardholder will not receive any additional savings points.
Call 1860-266-2666 to speak with a Kotak Mahindra Bank credit card customer service agent.
If the card is lost or stolen, the insurance will repay you for any unauthorised or fraudulent usage. This coverage is valid for both primary and supplementary cards for up to 7 days before the reporting date.
This is a VISA chip card from Kotak Mahindra Bank.
The Kotak Bank Essentia Platinum Credit Card is accepted worldwide.
Yes, you'll enjoy a 48-day interest-free period on purchases made with the card.
This credit card has a monthly interest rate of 3.50%.
Yes, an add-on card is available. A one-time fee of ₹299 per card will be charged.
The Kotak Essentia Platinum Credit Card is an internationally accepted credit card powered by VISA.
Yes, the Kotak Bank Essentia Platinum Credit Card is valid across the world.