Kotak Bank 811 #DreamDifferent Credit Card | Fees, Status

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Kotak Bank 811 #DreamDifferent Credit Card

Kotak 811#DreamDifferent Credit Card Eligibility Criteria

Given beneath is the eligibility criteria you should satisfy to apply for Kotak 811#DreamDifferent Credit Card:

• The least and greatest age of eligibility is 18 years and 75 years individually. Extra cardholders ought to be 18 years of age or more.

• The cardholder ought to be a resident of India.

• Minimum TD measure of Rs.15,000.

• Only individual TDs are permitted to apply for the card.

Fees and Charges

Type of Charge Amount
Joining Fees N/A
Annual Fees NIL
Condition for waiver of annual fees for the first year N/A
Condition for waiver of annual fees for the second year N/A
Add-on card fees NIL
Rate of interest charged on outstanding balances 2.99% of the total balance due (Annual interest – 35.88%)
Minimum Amount Due (MAD) Ranging between 5% to 10% of the total amount due as per the decision taken 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
  • Rs.100 for statement less than or equal to Rs.500
  • Rs.500 for statements ranging between Rs.500.01 and Rs.10,000
  • Rs.700 for statement above Rs.10,000
Over Limit charge Rs.500
Charges for cheque bounce Rs.500
Foreign Currency Mark Up 3.5%
Railway Booking Surcharge (1.8%/2.5% on transaction amount)* Waived off
Fuel Surcharge (1% on transaction)** Waived off
Cash payment fee at bank Rs.100
Processing fee for outstation cheque Waived off
Reissue/ Replacement Card charges (for every issuance) Rs.100
Request for charge slip Waived off
Machine Surcharge at ATMs Waived off
Balance Enquiry Charges at non-parent bank ATM Waived off
Request for duplicate statement Waived off
Web Pay service fee Waived off in effect from 10the January 2014
Furnishing a copy of Credit Information Report (CIBIL) Rs.50

 

Documents Required to Apply for the Kotak 811#DreamDifferent Credit Card

Income proof (For self-employed)
  • Recent ITR (Income Tax Returns)
  • Audited profit and loss statement or balance sheet
Address proof (any one)
  • Passport
  • Telephone bill
  • Aadhaar card
  • Electricity bill
  • Rental agreement
  • Ration card
Income proof (For salaried)
  • Recent salary slips
  • Salary certificate
  • Employment letter
Proof of Identity (any one)
  • Voter’s ID card
  • Ration Card
  • PAN Card
  • Passport
  • Driving license
  • Aadhaar card

 

How to Apply for the Kotak 811#DreamDifferent Credit Card?

Assuming you need to get this card, you can visit the closest Kotak Mahindra Bank office or apply on the web. Here’s how you can apply on the web-

  • Visit the official website of Kotak Mahindra Bank.
  • Go to the credit card area and discover the Mojo Platinum Credit Card.
  • Click on ‘Apply Now’ and enter the necessary subtleties.
  • If qualified, you can fill the nitty-gritty application structure.

A manager of the bank will call you about the report assortment. When you present the records, the bank will check the reports and approve the data given by you. In the case everything goes right, you will get the card within 7-10 workdays.

Features of Kotak 811#DreamDifferent Credit Card

A portion of the features of 811#DreamDifferent Credit Card are:

• You are not needed to pay any joining or yearly charges.

• You will be qualified to procure 500 reward points once your card gets enacted and on the off chance that you go through Rs.5,000 within 45 days of its issuance.

• You can acquire reward points on every day spends. For instance, you will acquire 2 award points for each Rs.100 spent by you on the web, and 1 prize point for each Rs.100 spent for other exchanges.

• You can get a cashback of Rs.750, or acquire 4 PVR tickets free of charge in the event that you go through Rs.75,000 in one year utilizing your card.

• You will likewise get a fuel and overcharge waiver.

Benefits of utilizing Kotak 811#DreamDifferent Credit Card

A portion of the benefits of utilizing 811#DreamDifferent Credit Card are given underneath:

• Interest-free money withdrawal

• You can pull out up to 90% of your absolute credit limit without paying any charges at all.

• You should pay a preparing expense of Rs.300 for a withdrawal of each Rs.10,000.

• The initial 48 days on loan will be without interest.

• Balance Transfer

• A handling expense of Rs.349 is chargeable for each Rs.10,000 moved.

• There will be no interest charged in the event that you utilize your card for making new retail buys.

• You can call the bank or Kotak Mahindra Bank Credit Card Customer Care to move your other credit card adjusts in a flash.

• 811 #DreamDifferent Shield

• You will get a cover of up to Rs.50,000 in case of loss of your card and gave you illuminate the bank inside 7 days from the date on which it got lost or taken.

• In request to enlist a case with the insurance organization, you should illuminate the bank quickly by calling the Customer Contact Center – 1860 266 2666 and get your card impeded or deactivated.

• Add-On Cards

• Your Add-on credit cards will have similar benefits as on your 811#DreamDifferent Credit Card.

• You can follow the spending made through every one of your Add-On Cards independently.

• You can draw the credit line for your Add-On card according to your prerequisites.

• Fuel and Railway Surcharge Waiver

• For each exchange across all petroleum siphons in India running somewhere in the range of Rs.500 and Rs.3,000 you will get a waiver of 1%, subject to a limit of Rs.3,500 yearly.

• You will get a waiver of 1.8% for exchanges made on the IRCTC site and 2.5% for booking tickets on the rail route counters. Subject to a most extreme waiver of Rs.500 yearly.

Note: This new award structure has been basically from the fifteenth of June 2020 and will be pertinent just on the 811#DreamDifferent Credit Cards given on or after 15 June 2020.

Note: Aqua Gold Credit Card has been rebranded to 811 #DreamDifferent Credit Card by the bank basically from fifteenth July 2020.

Milestone Program

Aside from the prizes, you will acquire on making exchanges utilizing your811#DreamDifferent Credit Card, you will likewise be qualified for extra offers on the off chance that you burn through Rs.75,000 utilizing your card in a commemoration year. There are two choices under this program under which you should choose just one. The milestone program choices are as per the following:

• Redemption Option – Get a cashback of Rs.750

• You have the choice of asserting your cashback of Rs.750 once the commemoration year is over.

• If you guarantee the cashback, it will reflect in your next charging cycle.

• Redemption Option – Get 4 PVR tickets for nothing

• You can guarantee your 4 PVR tickets for nothing inside the 3 months of the finish of your commemoration year.

• Your free PVR tickets can be utilized for any show quickly and are adaptable.

• You will be given a Star Pass Code which can be redeemed in case you are reserving movie tickets online through the PVR Cinema site.

 

Also Read: IDFC FIRST Select Credit Card Details, Credit Limit, Reward Points

HOW TO CHECK YOUR KOTAK CREDIT CARD APPLICATION STATUS ONLINE

At the point when you apply for a credit card with Kotak Mahindra, the bank sends you an SMS. The SMS acknowledges your credit card application and gives both of you things: an interesting reference and the application structure number. Kotak Bank’s website permits you to check your credit card application status utilizing these particulars. The whole cycle is without bothering and simple. Follow these straightforward advances and you are through:

  1. Visit the official website of the bank.
  2. Select the alternative ‘explore products’ and snap on the dropdown menu.
  3. Pick the choice ‘cards’ and select ‘credit card administrations’.
  4. Look down till you discover the choice ‘application status’.
  5. Click on ‘know more’, which will divert you to the page ‘check your card application status’.
  6. Pick ‘select product’ and hit on the ‘credit card’ button.
  7. Punch in your unique reference number or the application structure number and snap the ‘check status’ choice.

Customer Care Number

Customer Contact Center 1860 266 2666 (nearby call rates apply).

811#DreamDifferent Credit Card FAQs

1. I detailed the deficiency of my Kotak 811#DreamDifferent Credit Card to the bank however I discovered it. Would I be able to utilize the card?

No, don’t utilize the card. Annihilate the card by cutting it including the attractive strips and illuminate the bank about something very similar.

2. I dropped my rail line tickets. Will I actually get the extra charge waiver?

No, you won’t get the waiver. It will be naturally switched on the abrogation of the tickets.

3. What sort of card is 811#DreamDifferent Credit Card?

811#DreamDifferent is a Visa Gold Card.

4. Can I utilize the card abroad?

Indeed, you can utilize the card abroad.

5. What are the ID proofs I should submit while applying for this card?

The proof of ID that you can submit to apply for this credit card is Passport, PAN Card, driving permit, Voter ID card, and so on

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