The Kotak Silk Platinum Debit Card has been designed keeping in mind the needs of the new age Woman. It comes with a host of offers on brands across categories, reward points on debit card spends and features that will ensure utmost convenience.
Enjoy daily purchase limit of Rs. 2,00,000
Get domestic daily ATM withdrawal limit of Rs. 40,000 and international daily ATM withdrawal limit of Rs. 50,000
Experience Kotak Rewards feature where you can earn up to 1500 Kotak Reward Points on purchases carried out through your Silk Platinum Debit Card and redeem points across categories like groceries, apparel, jewellery, hotel, dining etc.
Rewards details on Silk Platinum Debit Card spends are listed below
Below are the details of Reward Points:
Minimum Spends per month
Reward Points per month
1 Kotak Reward point=Rs 0.25
Rs. 7,500 - Rs. 15,000
Rs. 15,001 - Rs. 25,000
Rs. 25,001 & above
Rewards are subject to meeting of minimum spends criteria and maintaining average monthly balance . Spends should be on domestic merchant transactions using Debit Card. The reward points will be credited every month for the previous calendar month in your Kotak Rewards account. Validity of reward points will be 1 year from the date of credit. Details of the same will be communicated through email on registered email id and SMS on registered number. ATM cash withdrawals are not eligible for Rewards. Accrued Reward Points for the last month’s spends will be available in Kotak Rewards Portal latest by 5th of the subsequent month.
Liability of lost card- Up to Rs. 3.5 Lakhs
Purchase Protection Limit- Up to Rs. 1 Lakh
Personal Accidental Death Cover-Up to Rs. 15 Lakhs
W.e.f. Jun 13, 2022, daily balances in Savings Account above Rs. 50 lakhs will earn 4% interest p.a. Daily balances in Savings Account up to Rs. 50 lakhs will continue to earn 3.50% interest p.a. These interest rates are applicable for Resident Accounts only.
*The Two Wheeler loan is provided by KMPL
Year is defined as period of 12 months from 1st January to 31st December for cheque book issuance charges