- 1 Eligibility Criteria for Kotak Corporate Platinum Credit Card
- 2 Fees and Charges of the Kotak Bank League Platinum Credit Card
- 3 Documents Required to Apply for the Kotak Bank League Platinum Credit Card
Eligibility Criteria for Kotak Corporate Platinum Credit Card
Here are the criteria to obtain a Kotak Bank League Platinum Credit Card
- Working professionals are eligible to apply for Kotak Corporate Platinum Credit Card.
- Should be a resident of India
Fees and Charges of the Kotak Bank League Platinum Credit Card
The basic fee and charges of this credit card are:
|Joining Fee||Rs. 500/Nil|
|Annual Fee||Rs. 499|
|Add-on Card Fee||Nil|
|Finance Charges (Interest Rate)||3.50% pm|
|ATM Cash Withdrawal Charges||Rs. 300|
|Late Payment Fee||For outstanding balance less than Rs. 500 – Rs. 100
For outstanding balance between Rs.500 and Rs. 10,000 – Rs. 500
For outstanding balance greater than Rs. 10,000 – Rs. 700
|Overlimit Fee||Rs. 500|
|Cheque Bounce Charges||Rs. 500|
|Foreign Currency Markup||3.50% of the amount|
|Cash Payment Charges||Rs. 100|
|Card Reissue/Replacement Charges||Rs. 100|
|CIBIL Report Copy||Rs. 50|
Documents Required to Apply for the Kotak Bank League Platinum Credit Card
Income proof (For self-employed)
- Recent ITR (Income Tax Returns)
- Audited profit and loss statement or balance sheet
Address proof (anyone)
- Telephone bill
- Aadhaar card
- Electricity bill
- Rental agreement
- Ration card
Income proof (For salaried)
- Recent salary slips
- Salary certificate
- Employment letter
Proof of Identity (anyone)
- Voter’s ID card
- Ration Card
- PAN Card
- Driving license
- Aadhaar card
How to Apply for Kotak Corporate Platinum 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:
• Just visit the official website of Kotak Mahindra Bank.
• Go to the credit card area and discover the Corporate Platinum
• Click on ‘Apply Now’ and enter the necessary subtleties.
• If qualified, you can fill the nitty-gritty application structure.
A representative from 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.
Benefits of the Kotak Corporate Platinum Credit Card
1. Easy Redemption:
• Simply call the customer administration work area to reclaim your reward points
• Redeem your reward points each quarter
• Get cash discount as request draft
2. Railway Surcharge Waiver:
• Book railroad tickets at the rail line counter or online at www.irctc.co.in to get 1.8% or 2.5% rail line surcharge waiver.
• In a scheduled year, you can get the greatest waiver of Rs. 500/ –
• Note: This Feature is substantial just on Paid Annual Fee Variant.
3. Ease to Employees:
• No late payment expenses, contribution to be paid
• Use your corporate card for official purposes and your corporate will pay for you.
4. Fuel Surcharge Waiver:
• Get 2.5% fuel surcharge waiver across all petroleum siphons in India
• Receive waiver when you spend between Rs. 500/ – to Rs. 3000/ –
• Maximum waiver of Rs. 3500/ – in a scheduled year
• Note: This Feature is substantial just on Paid Annual Fee Variant.
5. Airport Lounge Offer:
• Get admittance to more than 600 air terminal lounges around India with the VISA air terminal lounge offer
• Primary cardholders can get two gets to per schedule quarter
• Offer substantial until 30th September 2015
6. Interest-Free Funds:
• Utilization of funds interest-free
• Up to 48 days interest-free credit period
• This highlight is similar to overdraft office on credit cards
7. Power to Company:
• Use Kotak Corporate Platinum Card to lessen organization costs
• Monitor the spending examples of representatives without any problem
• Gain full oversight over worker’s spends
• The best freedoms for planning and investment funds also.
8. International Credit Card:
• Accepted by 10 million vendors all throughout the planet
• Stop conveying cash. Do exchanges carefully. Utilize computerized money with the public authority, buyers, organizations, and banks.
Kotak Corporate Platinum Card Features:
1. Decide your Own Limits:
• The corporate One organization limit is appointed to the corporate
• Corporates choose the card limit for representatives
• It can shift from pecking order, assignment or by representative’s will
2. Ease of Expense:
• Swipe Kotak Corporate Card at different business-related spend openings
• Exhibitions and gatherings, business and chief gatherings, deals meet, gatherings and reunions, affiliation gatherings
3. Consolidated Payment:
• Only one payment for all the representative cards under the organization
• No singular payment to be finished by the representative
• Employer has the force of payment
4. Email Statement:
• Monthly representative statements are sent for reference
• Option to pick email statements
5. Expense Management:
• Vendor-wise following on the burns through done by the workers
• Budget your expenses as per the burns through done on corporate cards
• Statistical information given to examination on the expenses
• Analyze the sum spent by every worker
• Data can be recovered to see which worker has spent where and how much
6. Travel Adherence:
• Travel or expense strategies will be followed by the representatives
• No extortion cases should be possible by representatives
• Prevents slippages while asserting or repaying
• Provides bits of knowledge whether the workers are spending on the enlisted seller
7. Without hassle spends:
• Eliminate loans as the organization takes care of worker’s spends
• Hassle free-spending without conveying forex.
• No records to be kept up with by the workers viz. vouchers, travel tickets, and so on
8. Dedicated Service Manager:
• Personalized service to all corporate card individuals
• Quick data on card subtleties, card limits, card lost/taken. and so on
9. Program Administrator:
• Program Admin goes about as agent among Kotak and Company
• Any inquiries identified with your payment due date, all-out due, damaged card, a lost card should be possible through a single contact
10. Real-Time Alerts:
• Get free SMS alerts on each exchange so you are kept on top of it
• Also get free email alerts on each exchange
11. Free Card Replacement:
• In case your card is damaged, lost, or taken, basically call customer service to get a free replacement.
• This service should be possible anytime
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).
Is the Kotak Corporate Platinum Credit Card substantial to be utilized for individual expenses?
The Kotak Corporate Platinum Card is exclusively for corporate use which suggests official expenses as it were. Be that as it may, it is at the carefulness of the organization to allow the worker to utilize the card for individual expenses which would then be able to be settled among them.
Does the Kotak Corporate Credit Card have an extra component?
The extra component isn’t relevant on the Corporate Credit Card as it is exclusively for official purposes.
What is the line of activity in case of surpassing the credit limit of the Kotak Corporate Platinum Credit Card?
The usage of the Kotak Corporate Platinum Credit Card is limited to the degree of the credit limit allowed. Surpassing the limit is obligated to bring about the decay of the exchange. There is an arrangement to upgrade the credit limit on the card which can be advanced by your Program Administrator.
Is the Kotak Corporate Platinum Credit Card acknowledged worldwide?
Indeed, the Corporate Platinum Card is a worldwide card satisfactory the whole way across the globe. The essential goal of the card is to give advanced money to corporate purchasers on all edges of the world.