Welcome Benefit: Customers will get 500 reward points on activation and spending INR 5000 in the first 45 days.
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Kotak 811 Credit Card
Rewards & Benefits
Welcome Benefits
Welcome Benefit: Customers will get 500 reward points on activation and spending INR 5000 in the first 45 days.
Milestone Benefits
None.
Cashback Rate
Customers will get 2 reward points per INR 100 on online spending and 1 reward point per INR 100 on offline spending.
1 RP = INR 0.25.
Online Cashback Rate: 0.5%,
General Cashback Rate: 0.25%.
Movie Benefits
None.
Dining Benefits
None.
Other Benefits
Lost card cover worth Rs 50,000 is applicable 7 days prior to reporting the loss of the card.
Lounge Access
None.
Rewards & Benefits
Welcome Benefits
Welcome Benefit: Customers will get 500 reward points on activation and spending INR 5000 in the first 45 days.
Milestone Benefits
None.
Cashback Rate
Customers will get 2 reward points per INR 100 on online spending and 1 reward point per INR 100 on offline spending.
1 RP = INR 0.25.
Online Cashback Rate: 0.5%,
General Cashback Rate: 0.25%.
Movie Benefits
None.
Dining Benefits
None.
Other Benefits
Lost card cover worth Rs 50,000 is applicable 7 days prior to reporting the loss of the card.
Lounge Access
None.
Fees & Charges
Joining Fee
Rs. 500 |
Annual Fee
Annual Fees: Rs. 500 Condition for waiver of Joining Fees NA Condition for waiver of Annual Fees Rs. 50,000.A
Cash Advance Fee
Rs. 300 per Rs. 10,000 withdrawn.�
Interest rate
3.5% (Annualized 42%) .
Late Payment Fee
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.
Foreign Currency Transactions Fee
Foreign Currency Mark Up 3.5%.
Other Fees
Interest Charges on outstanding Balances 3.5% (Annualized 42%) . | Cash Advance Charges: Rs. 300 per Rs. 10,000 withdrawn.
Fees & Charges
Joining Fee
Rs. 500 |
Annual Fee
Annual Fees: Rs. 500 Condition for waiver of Joining Fees NA Condition for waiver of Annual Fees Rs. 50,000.A
Cash Advance Fee
2.5% or ?500 whichever is higher
Interest rate
3.5% (Annualized 42%) .
Late Payment Fee
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.
Foreign Currency Transactions Fee
Foreign Currency Mark Up 3.5%.
Other Fees
Interest Charges on outstanding Balances 3.5% (Annualized 42%) . | Cash Advance Charges: Rs. 300 per Rs. 10,000 withdrawn.
Special Features
Eligibility Criteria
Primary Credit Card holders should be in the age bracket of 18 years to 65 years. Add-on Card holder should be 18 years and above
Location - Ahmedabad, Bangalore, Chandigarh, Chennai, Delhi (including Gurgaon and Noida), Hyderabad, Kolkata, Mumbai and Pune
Should be a resident of India
Speical Feature, Eligibility and Benefits
How to apply for Credit Card?
To apply for the Kotak Mahindra Bank's 811 Credit Card, you can follow these steps:
Login to your Kotak 811 account.
Click on the "Apply Now" button for the 811 Credit Card.
Enter your personal and financial information, including your income and employment status.
Select your credit limit.
Submit your application.
You will receive a decision on your application within a few days.
If your application is approved, you will receive your credit card within 7-10 working days.
Contact Details
1860 266 2666
Account Opening and Procedure
This card is a good option if you're a beginner with limited credit history and want a no-frills, lifetime-free card with basic benefits. However, the card provides a very low reward rate and charges high processing fees. Also, being an entry-level card it provides very limited features and offers.
This card is a good option if you're a beginner with limited credit history and want a no-frills, lifetime-free card with basic benefits. However, the card provides a very low reward rate and charges high processing fees. Also, being an entry-level card it provides very limited features and offers.
Abhijeet Saxena
Abhijeet Saxena
Nalsar University of Law
Ex- Senior Associate, Shardul Amarchand Mangaldas, Delhi
Ex - Khaitan & Co. Bengaluru,
Ex - National Stock Exchange, Mumbai,
Ex - Argus Partners, Mumbai