Kotak Mahindra Bank UPI RuPay Credit Card

Experience secure and convenient payments using the Kotak UPI RuPay Credit Card. Seamlessly link it to popular UPI apps like Google Pay, PhonePe, BHIM, Slice, Paytm, and more. RuPay Credit Cards are gaining popularity in India as they allow easy integration with UPI apps for on-the-go transactions, a unique feature exclusive to RuPay Cards. This distinguishes them from other network cards, offering a user-friendly and versatile payment experience.

Key Highlights of Kotak UPI RuPay Credit Card

Unlock unparalleled benefits with the Kotak Mahindra Bank UPI RuPay Credit Card.

  1. Earn reward points on UPI transactions.
  2. Virtual credit card for online convenience.
  3. Lifetime free card, no annual fees.
  4. Get 3 Reward Points per Rs. 100 spent.

Features and Benefits of Kotak Bank UPI RuPay Credit Card

The Kotak Bank UPI RuPay Credit Card offers several features and benefits:

1. UPI Convenience:

  • Transform your phone into a dynamic payment tool.
  • Compatible with all UPI apps for hassle-free transactions.

2. Usage Benefits:

  • Easily make UPI transactions.
  • Activate and control card settings in Kotak Mobile Banking App.

3. Additional Benefits:

  • Monitor spending with instant transaction history.
  • Enjoy wallet-free payments for quick and convenient transactions.

4. Reward Benefits:

  • Earn 3 Reward Points for every ₹100 spent.
  • No cap on Reward Points per statement cycle.
  • Redeem points for cash rewards or over 10,000 products.

5. Redemption Process:

  • Redeem points for cashback or products.
  • Visit https://kotakrewards.com/ for a vast redemption selection.

Kotak Mahindra Bank UPI RuPay Credit Card Fees and Charges

Explore the fee structure for the Kotak Mahindra Bank UPI RuPay Credit Card and discover the financial advantages that come with it.

  1. Cash Advance Fee (per INR 10,000): INR 300
  2. Over Limit Penalty: INR 500
  3. Minimum Repayment: 5% or 10% of total amount due (as per bank policy)
  4. Card Replacement Fee: INR 100
  5. Late Payment Fees:
  • Less than INR 100: NA
  • INR 100 to INR 500: INR 100
  • INR 501 to INR 5000: INR 500
  • INR 5001 to INR 10,000: INR 600
  • INR 10,001 to INR 25,000: INR 800
  • INR 25,001 to INR 50,000: INR 1,000
  • More than INR 50,000: INR 1,200

Eligibility Criteria for Kotak UPI RuPay Credit Card

Here are essential criteria for applying for an Kotak UPI RuPay Credit Card:

  1. Indian citizenship required for eligibility.
  2. Age between 18 and 65 for applicants.
  3. Existing Kotak Bank customer prerequisite.

How To Apply for Kotak UPI RuPay Credit Card?

Follow these steps to apply for the Kotak Bank UPI RuPay Credit Card online or offline:

Online Application:

  1. Visit Kotak Bank’s official website.
  2. Navigate to the Credit Cards section.
  3. Select the Kotak UPI RuPay Credit Card.
  4. Fill the online application form with personal details.
  5. Upload required documents.
  6. Submit the application.

Offline Application:

  1. Visit the nearest Kotak Bank branch.
  2. Request a Kotak UPI RuPay Credit Card application form.
  3. Fill in the form with accurate information.
  4. Attach necessary documents (ID, address proof).
  5. Submit the completed form to the bank representative.
  6. Await approval and card delivery.

Frequently Asked Questions (FAQs) –

1. How can I apply for the Kotak Bank UPI RuPay Credit Card?

You can apply online through the official website or visit the nearest Kotak Bank branch for an offline application.

2. What are the eligibility criteria for the Kotak Mahindra Bank UPI RuPay Credit Card?

You must be an Indian citizen, aged between 18 and 65, and an existing Kotak Bank customer.

3. What documents are required for the application?

Typically, you need proof of identity, address, and income. Details may vary, so check the specific requirements during the application process.

4. How long does it take for the credit card to be approved and delivered?

Approval times vary, but you can track your application status online. Once approved, the card is usually delivered within a few business days.

5. Can I check my Kotak UPI RuPay Credit Card transactions online?

Yes, Kotak Bank provides online banking services where you can easily monitor and manage your credit card transactions.

6. Are there any annual fees for the Kotak Bank UPI RuPay Credit Card?

Check the terms and conditions for the specific card variant. Some may have annual fees, while others could offer waivers based on usage or spending thresholds.

7. How do I activate my Kotak UPI RuPay Credit Card?

Follow the instructions provided with the card upon delivery. Typically, you can activate it through the bank’s website or by calling the provided helpline.

8. Can I link the Kotak Mahindra Bank UPI RuPay Credit Card to multiple UPI IDs?

Refer to the card features; some may allow linking to multiple UPI IDs, providing flexibility in transactions.

9. What benefits come with the Kotak UPI RuPay Credit Card?

Enjoy benefits such as exclusive rewards, secure transactions, and financial convenience. Check the card details for specific perks.

10. How can I report a lost or stolen Kotak Bank UPI RuPay Credit Card?

Immediately contact Kotak Bank’s customer service helpline to report the loss. They will guide you through the necessary steps to secure your card.