Credit Card Eligibility & Documentation
Eligibility Requirement for your KOTAK Bank Credit Card application:
- Applicant's age should be between 21 and 65.
- Applicant should have a stable monthly income.
- Applicant should belong to credit cards sourcing cities/locations of the Bank.
- All applications are subject to credit and other policy checks of the Bank.
Document Requirement for your KOTAK Bank Credit Card application:
- Identity Proof (Any One of the following Photo cards): Passport, PAN Card, Voter Id Card, Govt ID, etc
- Address Proof (Any One of the following documents with current residence address): Passport, Driving License, Phone bill, Electricity / Other Utility bill, Rental agreement, Latest Other Bank / Credit Card statement
- 1 recent passport-sized Photograph
- Financial Documents:
- Salaried: Latest one month salary slip
- Self Employed Businessmen: Latest IT Returns with computation of income /Certified Financials, Last Business Continuity proof
- Self Employed Professionals: Latest IT Returns, Business Continuity proof.
- OR
You can also apply on Basis:
- Other bank credit card
- Life insurance policy
Payment Options
Online Modes
Bill Desk Bill Desk: Now make your Credit Card payments anytime, anywhere and from any bank in a secure and convenient manner.
Online Banking If you are registered for KOTAK Bank's online banking facility, you can transfer the Credit Card bill amount from your Savings or Current account to the Credit Card account online.
Visa Credit Card payment An innovative service that allows transfer of funds from your Bank account to any other Visa Credit Card issued in India
Offline Modes
Cheque Payment You can drop a cheque, favoring KOTAK Bank Credit Card A/c mentioning your 16-digit Card number, at any one of our drop boxes located in ATMs, Skypack drop boxes and branches in your city.
Cash Payment You can deposit cash towards your credit card at any of the KOTAK Bank Branches.
Phone Banking Contact KOTAK Bank Customer Service; in the menu option select the Banking Option and place a request with the executive to transfer the amount from your KOTAK Bank Savings or Current account to your KOTAK Bank Credit Card account.
Auto Debit If you have an account with KOTAK Bank, you can instruct us to automatically debit your bank account with either the Minimum Amount Due or Total Amount Due of your monthly outstanding on your Credit Card. Your account should be a sole account or a joint account with an 'any' or 'either' signing mandate
KOTAK Bank introduces ECS (Electronic Clearing System), an innovative facility for busy people. With this facility, your Credit Card bill amount gets debited from your registered savings bank account at your request, so that you don't ever have to worry about the last minute payment rush.
Since this entire process happens through the Reserve Bank of India's electronic clearing mechanism, you can enjoy the advantages of ECS, no matter which bank you have your Savings Account with.
Personal Loan How do I save Rs. 30,000*
By applying Online for a Personal Loan of Rs 30 lakh*, you are eligible for a discount of 50% on 2% processing fees. Please note these rates are indicative & depends entirely on the loan eligibility..
