|Fees & Charges|
|Fee & other Parameters||Urbane|
|Annual Fees||Rs. 199|
|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|
|ATM Cash Withdrawal/ Call a draft/ Fund Transfer/ Cash Advance per Rs. 10,000 or part thereof||Rs. 300|
|Late Payment Charges ("LPC")||Nil for statement o/s less than ₹ 100.|
|₹ 100 for statement o/s between ₹ 100 to ₹ 500|
|₹ 500 for statement o/s between ₹ 501 to ₹ 1,000|
|₹ 500 for statement o/s between ₹ 1,001 to ₹ 5000|
|₹ 600 for statement o/s between ₹ 5,001 to ₹ 10,000|
|₹ 800 for statement o/s between ₹ 10,001 to ₹ 25,000|
|₹ 1,000 for statement o/s between ₹ 25,001 to ₹ 50,000|
|₹ 1200 for statement o/s greater than ₹ 50,000|
|Over Limit Charge||Rs. 500|
|Cheque Bounce Charges||Rs. 500|
|Foreign Currency Mark Up||0.035|
|Railway Booking Surcharge Waiver||Not Applicable|
|Fuel Surcharge Waiver||Not Applicable|
|Fee for Cash payment at Bank||Rs. 100|
|Outstation Cheque Processing Fee||Waived|
|Reissue/ Replacement Card (per issunace)||Rs. 100|
|Charge Slip Request||Waived|
|Machine Surcharge at ATMs||Waived|
|Balance Enquiry Charges at Non Parent Bank ATM||Waived|
|Duplicate Statement Request||Waived|
|Web Pay Service Fee||Waived|
|GST/Applicable taxes, would be charged as per the rates approved in the Finance Act each year on all interest & fees and other charges levied on your Credit Card|
Credit card balance transfer is the process of transferring owed balance from one credit card account to another. Upon carrying out this process, the debt is owed to the new card issuer as opposed to the original card issuer.
Kotak Credit Cards symbolize the following guiding principles:
Kotak Credit Cards are simple to understand and use. We have taken special care to make them hassle free so that you can spend time on more important things in life that require your attention.
Kotak Credit Cards are transparent in communicating upfront what the Card offers and what you would have to spend for it, if at all. We have taken care that there will be no hidden charges associated with this Card.
Kotak Credit Cards have understood what you need the most from your credit Card, and have been designed to give you only those benefits that are most relevant for you.
This promise from Kotak ensures that you only get the best from your credit Card!
The Kotak Urbane Credit Card gives you accelerated reward points and the freedom to redeem these points across any shopping that you do.
Yes, you enjoy an interest free period on retail transactions of up to 48 days.