Our Money Guide

The Kotak NRI Royale Signature Credit Card is a fixed-deposit based credit card, hence no income proof and no credit history is required. Minimum personal fixed deposit of ₹1 lakh is required. This is credit card targeted towards NRIs, only NRIs are eligible for this card.

Kotak Royal Signature Credit Card

Brief Summary

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Best for those who like shopping on Myntra, on such shopping you get 7.50% discount. There is a cashback limit at a transaction level, of ₹750 per transaction, but no monthly card spend cap to earn these special Myntra rewards.

The card also offers 5% cashback on 5 select partners, covering a wide range of services – Swiggy Instamart (grocery) || Swiggy (food delivery) || PVR (movies) || Cleartrip (travel) || Urban Company (beauty salon services, cleaning, home repairs).

You also get complimentary airport lounge access in India – once per quarter.

The card is virtually free from the 2nd year onwards, if you spend ₹2 lakhs or more in the previous year. If you use your card on all the promotion categories on offer, it is possible to achieve this spend target, along with good discounts and cashback.

on Kotak Mahindra Bank website

Kotak NRI Royale Signature Credit Card

Special Benefits

7.50% discount on Myntra

Other Benefits

Complimentary domestic airport lounge access

Minimum Income

Not specified

Annual Fee

₹ 500

Annual Fee Offers

Welcome offer worth ₹500

Renewal fee waived at annual card spend of ₹ 2 lakhs

Pros & Cons

Benefits of using the credit card

  • Card for NRIs, especially useful when they visit India
  • No income proof and credit history in India required since the card is issued against a personal fixed deposit

Limitations and drawbacks to consider

  • Low rewards and benefits

Features & Benefits of Kotak White Reserve Credit Card

2% benefit on international card spends

You earn 2 reward point worth ₹2, on every ₹100 you spend on card purchases outside India.

1 reward point = ₹1. You can redeem your rewards points on Kotak Rewards (rewards redemption platform), for a variety of shopping e-vouchers, mobile recharges, travel, movies and more.

1% benefit on all other card spends

You earn 1 reward point worth ₹1, on every ₹100 you spend on all other card purchases.

1 reward point = ₹1. You can redeem your rewards points on Kotak Rewards (rewards redemption platform), for a variety of shopping e-vouchers, mobile recharges, travel, movies and more.

Complimentary airport lounge access in India – 2 per quarter

You get free visits to airport lounges in India, 8 times per year (maximum 2 times per quarter).

For list of lounges, please click here. This program is brought to you by Dreamfolks.

Railway surcharge waiver, upto ₹500 per year

You get surcharge waiver for railway ticket bookings–
– 1.80% surcharge waiver for transactions made on the IRCTC website
– 2.50% surcharge waiver for transactions made at Indian railway booking counters
– Maximum waiver of ₹500 per year

Fuel surcharge waiver, upto ₹3500 per year 

You get 1% fuel surcharge waiver, only on fuel transactions between ₹500 and ₹3000. And only on yearly fuel purchases upto ₹3.50 lakhs per calendar year (since the maximum waiver amount is capped at ₹3500 per year).

Kotak customer care number

Please click here to see all options on how to contact the bank.

Kotak ‘Everyday Specials

You get exclusive everyday special offers. These offers can be found on the official Kotak website and includes discounts, cashback, rewards, and other benefits across various categories such as dining, shopping, travel, and more.

Important Card Fees and Charges

Annual fee & annual fee offers

Annual feeAnnual fee offers
1st year joining fee₹1000
Renewal fee from 2nd year onwards₹1000

Foreign currency mark-up fee
3.50% of the transaction amount. This fee is charged when you use your card outside India.

Interest Charges on outstanding Balances
3.1% per month (37.2% per annum)

Important note
– GST/ other applicable taxes as per current laws, will be applicable on all fees and charges
– Please click here to view all fees & charges on this card

Eligibility Criteria

Minimum age 18 years or above
Maximum age75 years
Residency Non-Resident Indian (NRI)
Minimum income– Income not required since card is issued against individual fixed deposit, of minimum ₹1 lakh. Only NRE/NRO account holders are eligible for the credit card

The credit limit offered can be as high as 80% of your fixed deposit(FD) amount.

Application Process & Tracking Application Status

Step-by-step guide

Online application process 
The easiest way is to click here – APPLY NOW , you shall be taken to the card application page on the Kotak Mahindra Bank website. You can also visit official website of the bank and fill out the application form.

Steps –
1. Fill in basic personal information in the online application form, like personal details and contact information.
2. Once your application is received, Kotak Mahindra Bank will contact you and take the application forward.
Offline (face to face)  application processAlternatively, you can also apply for the card by visiting the nearest Kotak Mahindra Bank branch, and submitting your application along with the necessary documents. To find the branch nearest to you, please visit here.
Tracking card application statusYou can track your credit card application status by clicking here – Kotak Credit Card Application Status

Necessary documents

Required documents 
For salaried employees :
Identification proof : Aadhaar card, PAN card, driving license, voter ID card, passport (any one)
Address proof : Utility bill, ration card, passport, driving license, voter ID card (any one)
Age proof : 10th standard school certificate, birth certificate, passport, voter ID card (any one)

For self-employed professionals :
– Identification proof : Aadhaar card, PAN card, driving license, voter ID card, passport (any one)
– Address proof : Utility bill, ration card, passport, driving license, voter ID card , last two months’ bank statement (any one)
– Age proof : 10th standard school certificate, birth certificate, passport, voter ID card (any one)
Apply Now

on Kotak Mahindra Bank website

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