PVR INOX Kotak Credit Card

Kotak Bank introduces its latest movie-centric credit card, the PVR INOX Kotak Credit Card, following the previous PVR Kotak Gold Credit Card. Specifically tailored for movie enthusiasts, this card stands out by offering a complimentary movie ticket upon reaching a monthly spending milestone of Rs. 10,000. The unique feature allows cardholders to accumulate unlimited movie tickets by consistently making spends at or above this threshold.

This co-branded credit card is a result of collaboration between PVR INOX and Kotak Bank, emphasizing its commitment to enhancing the movie-watching experience for its users. With a concentrated focus on cinema-related benefits, this credit card emerges as an ideal choice for those who frequently indulge in the cinematic world. As the landscape of credit cards continues to evolve, the PVR INOX Kotak Credit Card stands as a testament to the growing trend of specialized cards catering to specific lifestyle preferences.

Key Highlights of PVR INOX Kotak Credit Card

  1. Tailored for movie enthusiasts, this card offers exclusive benefits.
  2. Earn one complimentary movie ticket for every Rs. 10,000 spent in a monthly billing cycle.
  3. Enjoy a generous 20% discount on Food and Beverage purchases at the cinema.
  4. Avail a 5% discount when booking movie tickets at PVR or INOX theaters using the card.

Features and Benefits of PVR INOX Kotak Credit Card

The PVR INOX Kotak Credit Card offers several features and benefits:

  1. Obtain 1 PVR INOX movie ticket for every monthly billing cycle on spending Rs. 10,000, making your movie experience more rewarding.
  2. Earn tickets worth Rs. 300 each for achieving every spending milestone of Rs. 10,000, excluding rent payments and wallet funding.
  3. Enjoy unlimited movie tickets with your PVR INOX Kotak Credit Card.
  4. Avail a 20% discount on food and beverages every time you visit PVR INOX theaters or use the PVR INOX App/Website.
  5. Receive a 5% discount on movie tickets for every visit to PVR INOX theaters or using the PVR INOX App/Website.
  6. Access premium PVR INOX lounges with your credit card, allowing you to bask in the glitz and glamour at no additional entry cost (additional lounge purchases borne by the cardholder).
  7. Benefit from zero joining fees, making it hassle-free to become a PVR INOX Kotak Credit Card holder.
  8. Enhance your movie-watching experience with a comprehensive companion that not only provides ample movie tickets but also offers discounted food and beverages at cinemas.

PVR INOX Kotak Credit Card Fees and Charges

Explore the fee structure for the PVR INOX Kotak Credit Card and discover the financial advantages that come with it.

  1. Joining Fee: Nil
  2. Annual Fees: ₹499
  3. Condition for waiver of Annual Fees (First Year): No Fee Waiver
  4. Interest Charges on outstanding Balances: 3.5% (Annualized 42%)
  5. Add On Card Fees: ₹299
  6. Minimum Amount Due (MAD) (It will reflect in statement in the column of minimum amount due): 10%
  7. ATM Cash Withdrawal/ Call a draft/ Fund Transfer/ Cash Advance per INR 10,000 or part thereof: Max of (2.5% on advance amount and ₹500)
  8. Late Payment Charges (“LPC”):
  • ₹0 – ₹100: ₹0
  • ₹100.01 – ₹500: ₹100
  • ₹500.01 – ₹1,000: ₹500
  • ₹1,000.01 – ₹5,000: ₹500
  • ₹5,000.01 – ₹10,000: ₹600
  • ₹10,000.01 – ₹25,000: ₹800
  • ₹25,000.01 – ₹50,000: ₹1,000
  • ₹50,000+: ₹1,200

Eligibility Criteria for PVR INOX Kotak Credit Card

Here are essential criteria for applying for an PVR INOX Kotak Credit Card:

  1. The main credit cardholder must fall within the age range of 18 to 65 years.
  2. Add-on cardholders must be at least 18 years old.
  3. Both primary and add-on cardholders should be residents of India.

Documents Required for PVR INOX Kotak Credit Card

To apply for the PVR INOX Kotak Credit Card, you will typically need to provide the following documents:

1. Identity Proof:

  • Passport
  • Voter ID
  • Aadhar Card
  • Driver’s License

2. Address Proof:

  • Passport
  • Utility bills (electricity, water, gas)
  • Rental agreement
  • Aadhar Card

3. Income Proof:

  • Salary slips (for salaried individuals)
  • Income Tax Returns (ITR)
  • Form 16
  • Bank statements

4. Passport-sized Photographs:

  • Recent passport-sized color photographs

5. Credit Score:

  • While it might not be a document, a good credit score is crucial for credit card approval. Ensure that your credit history is in good standing.

6. Application Form:

  • Complete the credit card application form with accurate information.

How To Apply for PVR INOX Kotak Credit Card?

Follow these steps to apply for the PVR INOX Kotak Credit Card online:

  1. Visit the Kotak Mahindra Bank Website:
    Go to the official website of Kotak Mahindra Bank. Look for the ‘Credit Cards’ section or search for the PVR INOX Kotak Credit Card specifically.
  2. Explore the PVR INOX Kotak Credit Card Details:
    Understand the features, benefits, and terms and conditions associated with the PVR INOX Kotak Credit Card. This information is usually available on the bank’s website.
  3. Check Eligibility:
    Verify that you meet the eligibility criteria for the PVR INOX Kotak Credit Card. This might include factors such as age, income, and credit score.
  4. Online Application:
    Complete the online application form. You may need to provide personal details, contact information, employment details, income details, and other relevant information.
  5. Upload Documents:
    Upload the necessary documents such as identity proof, address proof, income proof, and photographs. The specific documents required can be found on the bank’s website or communicated during the application process.
  6. Review Application:
    Before submitting the application, review all the information provided to ensure accuracy.
  7. Submit Application:
    Submit the online application. After submission, you may receive an application reference number, which you can use for tracking the status of your application.
  8. Verification and Approval:
    The bank will review your application, and if you meet the criteria, your application may be approved. The bank might contact you for further verification if needed.
  9. Card Delivery:
    If your application is successful, the PVR INOX Kotak Credit Card will be delivered to your registered address.

Frequently Asked Questions (FAQs) –

1. What is the PVR INOX Kotak Credit Card?

The PVR INOX Kotak Credit Card is a credit card offered by Kotak Mahindra Bank in collaboration with PVR and INOX cinemas. It provides various benefits related to movie experiences, discounts, and privileges.

2. How can I apply for the PVR INOX Kotak Credit Card?

To apply for the PVR INOX Kotak Credit Card, visit the official Kotak Mahindra Bank website, navigate to the ‘Credit Cards’ section, and follow the application process outlined there.

3. What are the key features of the PVR INOX Kotak Credit Card?

The card offers benefits such as movie ticket rewards, discounts on food and beverages, access to premium lounges, and no joining fees. Check the specific features on the official website for the most up-to-date information.

4. Are there any eligibility criteria for obtaining this credit card?

Yes, eligibility criteria usually include factors like age, income, and credit score. Refer to the bank’s website for the latest information on eligibility requirements.

5. What documents are required for the PVR INOX Kotak Credit Card application?

Typically, you may need identity proof, address proof, income proof, and passport-sized photographs. Refer to the bank’s website for the specific list of required documents.

6. How do I check the status of my PVR INOX Kotak Credit Card application?

After applying, you can check the status of your application using the reference number provided during the application process. Contact to Kotak credit card customer care for assistance.

7. What are the rewards for using the PVR INOX Kotak Credit Card?

Cardholders can earn movie tickets for every monthly billing cycle and enjoy discounts on food, beverages, and movie tickets at PVR and INOX cinemas.

8. Is there an annual fee for the PVR INOX Kotak Credit Card?

As of the last available information, the card offers zero joining fees. However, it’s advisable to check for any changes in fees or charges on the bank’s website.

9. How do I access the premium lounges with the PVR INOX Kotak Credit Card?

Use your credit card to enter the In-Cinema Lounges at PVR INOX theaters at no additional entry cost. Any purchases within the lounge will be borne by the cardholder.

10. What should I do if my PVR INOX Kotak Credit Card is lost or stolen?

Immediately contact Kotak Mahindra Bank’s customer service to report the loss. The bank will guide you through the process of blocking the card and issuing a replacement.