Rupee Times Answers | Glossary

Home

News & Advice

Compare

Calculators

Credit Cards   Auto Loans   Home Loans   Personal Loan         Fixed Deposits   Savings Accounts   Education Loans   Auto Insurance     CREDIT CARD DETAIL Kotak NRI Royale Signature Credit Card Card Highlights Card Class Platinum/Titanium (Issued against Fixed Deposit) Card Type Signature Card Issuer Kotak Mahindra Bank Offered Type Visa Rewards Main Features Choice on Rewards Auto redemption of rewards: You can choose to have your reward points automatically encashed to your Kotak NRI Credit Card statement every three months or Airmiles: Convert your reward points to Airmiles from our Airline partners Kingfisher, Jet and Air-India. Freedom to purchase & pay in INR: While traveling to India, save the mark up fee charged on your credit card issued outside India or the hassles of currency exchange and Enjoy the benefit of paying for your purchases, travel and dining in Indian Rupees 2.5% Fuel surcharge waiver Gift your loved ones with an add on card, free of charge. Railway Surcharge Waiver In case your Credit Card is stolen, you get a cover of Rs. 2,50,000 against fraudulent usage upto 7 days pre-reporting. NRI Credit Card can be applied for against an NRE/NRO Term Deposit of Rs.1 lac or above.  Card Rates   Card Rates Purchases: Intro Interest Rate 0% per month Introductory Period 0 month Interest Rate 3.1% per month Balance Transfers: Intro Interest Rate 0% per month Introductory Period 0 month Interest Rate 0% per month  Fees & charges   Fees & charges Joining Fee Nil Annual Fee Rs 1000 Add On Card Fee Onetime fee of Rs 599 per card. Cash Advance Limit 90% Penalty Interest Rate The interest rate applicable on these cards is 3.1% per month. Late Payment Min.: Rs 550 Free Credit Period Max.: 50 days Limited Lost Card Liability On the Kotak Credit Card the insurance cover is for Lost/stolen card /fraudulent charges provided by HDFC ERGO General Insurance Company. Over Limit Charges Customers will be charged a flat over limit fee of Rs 500 in each billing cycle that you are over limit. Cheque Bounce Fee Min.: Rs 500 Railway Booking Surcharge (Online) 1.8% Air/Railway Booking Comment *On purchasing of rail tickets online the customer levied a 1.8% surcharge. Kotak NRI Signature Card offers you a Railway Surcharge Waiver on this. *You can earn up to Rs 500 annually as Railway Surcharge waiver. *2.5% surcharge waiver is applicable at booking counters as well if you use your Kotak NRI Royale card to buy the tickets. * Fuel Surcharge 2.5% Foreign Currency Transaction Charges 3.5% Service Tax 10.3%  Rewards & Benefits   Rewards & Benefits *Earn 2X rewards on international spends; i.e. earn 2 rewards points for every Rs. 200 spent *Earn 1 reward point for every Rs. 200 spent within India *Auto encashment of reward points every 3 months *1 Reward Point = Re 1/- or 1 Airmile For more info. Click Here  Services & Features   Services & Features General Features: Photo Option No Add On Card Yes Internet Web Based Access Yes Coverage International Concierge Service Yes Invitation to Special Events No Road Assistance Yes Forex & Travel Cheque Services Yes Access to 24-Hour Customer Care Centre Yes Personal Loan Facility No EMI on Call Facility No Dial a Draft Facility No Rewards Programme Yes Global Emergency Assistance Service Yes  Special Offers   Special Offers Offers  Eligibility Criteria   Eligibility Criteria *Only NRE/NRO a/c holders are eligible for the card *Only Individual TDs are allowed *Should be a Non Resident Indian with an Indian Residential Address. *Add-on Card holder should be 18 years and above  Terms & Conditions   Terms & Conditions Most Important Terms and Conditions Show All Credit Cards CARDS BY ISSUERS ABN AMRO American Express Andhra Bank Andhra Pradesh Mahesh Co-Op Urban Bank Ltd. AXIS BANK Bank of Baroda Bank of India Bank of Maharashtra Barclays Bhartiya Mahila Bank Canara Bank Central Bank of India Centurion Bank of Punjab Citi Bank Corporation Bank Deutsche Bank Development Credit Bank Ltd. Dhanlaxmi Bank Federal Bank HDFC Bank HSBC Bank ICICI Bank IDBI Bank Indian Bank Indian Overseas Bank IndusInd Bank ING Vysya Bank Jammu & Kashmir Bank Karnataka bank Karur Vysya Bank Kotak Mahindra Bank Oriental Bank of Commerce Punjab & Sind Bank Punjab National Bank Reliance Capital Ltd. Royal Bank of Scotland Standard Chartered Bank State Bank of India Syndicate Bank Tamilnad Mercantile Bank Ltd The Lakshmi Vilas Bank Limited The Ratnakar Bank Ltd. The Saraswat Coop Bank Ltd UCO bank Union Bank of India United Bank of India Vijaya Bank YES Bank COMPARE QUICKLY  Select a product: Credit Cards Car Loans Home Loans Personal Loan Fixed Deposits Savings Accounts Education Loans Auto Insurance   CALCULATE QUICKLY  Select a product: Credit Cards Car Loans Home Loans Personal Loan Fixed Deposits Savings Accounts Education Loans Auto Insurance   EDITORS' PICKS TIPS FOR ASPIRING CAR BUYERS AND OWNERS If the interest rate is same, how do you... LAP or personal loan: Which one to choose? Know about corporate fixed deposits Credit profile and its effect on loan...

Privacy Policy | Terms & Conditions | About Us | Advertise with us | Resources | Site Map Personal Loan | Home Loans | Car Loan | Education Loan | Credit Cards © 2010. All Rights Reserved. | Follow @RupeeTimes on Twitter