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INDEPENDENT PUBLIC DIRECTORY: Eligo does not issue credit cards, collect customer applications, or earn affiliate referral commissions. All terms, fees, and interest charges below are sourced directly from the official kotak.com (Kotak Mahindra Bank) Most Important Terms and Conditions (MITC).
🏛️Kotak Mahindra Bank Ltd.Network: Visa PlatinumShopping & Rewards CardsLast Verified: 2026-09-28

Kotak Mojo Platinum Credit Card

कोटक मोजो प्लेटिनम क्रेडिट कार्ड

Digital-first card offering 2.5 Mojo points per ₹100 online, 8 domestic airport lounge visits, and 2,500 quarterly milestone bonus points.

Annual Fee₹1,000 + GST (Renewal: ₹1,000 + GST)
Reward Rate2.5 Mojo points per ₹100 spent on all online retail transactions (effective 1.00% return). 1 Mojo point per ₹100 on all offline retail spends.
Airport Lounge8 complimentary domestic airport lounge visits per calendar year (2 visits per calendar quarter) at partner airport lounges across India.
Forex Markup3.50% + GST on foreign currency transactions.
01

What Is This Card

Kotak Mojo Platinum Credit Card is a digital-first card designed for online shoppers and frequent domestic travelers. It offers 2.5 Mojo points per ₹100 on e-commerce, 8 domestic airport lounge visits, quarterly milestone bonus points, and spend-based annual fee waivers.

02

Key Benefits (Official MITC Sourced)

💳Annual Fee & Joining Fee

₹1,000 + GST (Renewal: ₹1,000 + GST)

Fee Waiver: Spend ₹1,00,000 or more in each preceding anniversary year to get the annual renewal fee of ₹1,000 waived.

🎁Welcome Benefit

1,000 Mojo points (worth ₹400) credited upon spending ₹5,000 within the first 45 days of card issuance.

⚡Reward Points Structure

2.5 Mojo points per ₹100 spent on all online retail transactions (effective 1.00% return). 1 Mojo point per ₹100 on all offline retail spends.

Redemption Value: 1 Mojo Point = ₹0.40 against flight/hotel bookings or statement balance cash credit.

🛫Airport & Railway Lounge Access

8 complimentary domestic airport lounge visits per calendar year (2 visits per calendar quarter) at partner airport lounges across India.

🛡️Insurance & Fuel Surcharge Waiver

Insurance Cover: Personal air accident cover of ₹25 Lakhs. Lost card liability cover up to credit limit.

Fuel Surcharge: 1% fuel surcharge waiver across all fuel stations in India on transaction amounts between ₹500 and ₹3,000 (maximum waiver of ₹3,500 annually).

🎯Milestone Spends & Grace Period

Milestones: Earn 2,500 bonus Mojo points on reaching ₹1 Lakh spend in a quarter. Annual fee reversal on ₹1 Lakh annual spend.

Interest-Free Period: Up to 48 days of interest-free credit from transaction date.

03

What's Missing (Eligo's Honest Disclosures)

!

Fine-Print Exclusions & Realistic Costs

Offline spend earn rate is 0.40%. No international lounge visits are included on Mojo Platinum. Forex markup is 3.50%.

Forex Markup Fee3.50% + GST on foreign currency transactions.
Cash Advance Fee₹300 flat per ATM cash withdrawal + 3.50% monthly finance charges.
Finance Charges (Interest)3.50% per month (42.00% per annum) on revolving balances.
Late Payment SlabsNil for outstanding up to ₹500; ₹500 for ₹501–₹1,000; ₹600 for ₹1,001–₹5,000; ₹700 for ₹5,001–₹10,000; ₹800 for ₹10,001–₹25,000; ₹1,000 for ₹25,001–₹50,000; ₹1,200 for above ₹50,000 (+ GST).
Reward Points ExpiryMojo points expire 2 years (24 months) from the date of accrual.
Categories Earning ZERO Rewards (Standard MITC Exclusion):Fuel transactions, wallet top-ups, rent payments, educational institutional fees, and government tax payments.
04

Eligibility Criteria

Salaried Indian individuals aged 21 to 65 with monthly salary exceeding ₹30,000. Self-employed individuals aged 21 to 65 with annual ITR exceeding ₹4,00,000.

Age Requirement21 to 65 Years
Minimum Income₹30,000/month (Salaried) / ₹4,00,000/year ITR (Self-Employed)
CIBIL Score NoteA credit score of 720+ is standard.
SBI RelationshipNot mandatory. Open to all qualifying Indian citizens.
05

How to Apply (Official Procedure)

Online Digital Application Flow

1Visit kotak.com/cards or open Kotak Mobile app.
2Enter PAN and mobile number for instant eligibility check.
3Select Kotak Mojo Platinum Credit Card.
4Enter employer details and monthly salary.
5Complete online Video KYC session with bank official.
6Card is approved and dispatched via courier within 3 to 5 business days.

Branch Application for Offline Applicants

Apply at any Kotak Mahindra Bank branch by submitting self-attested copies of PAN, Aadhaar, salary slip, and a passport-size photo.

Visit Official Card Page (kotak.com)Download Official MITC (PDF)
06

Documents Required

1. PAN Card (statutory requirement)
2. Proof of Identity & Residence: Aadhaar Card, Passport, or Voter ID
3. Proof of Income: Last 3 months' salary slips with bank statement OR Latest ITR with Computation Sheet
4. Passport-size photograph.
07

Frequently Asked Questions (Official MITC)

What happens if I miss the minimum payment due on Kotak Mojo Platinum Credit Card?
If you do not pay at least the Minimum Amount Due (MAD) on or before the due date, late payment penalties will be charged according to the issuer's tariff: Nil for outstanding up to ₹500; ₹500 for ₹501–₹1,000; ₹600 for ₹1,001–₹5,000; ₹700 for ₹5,001–₹10,000; ₹800 for ₹10,001–₹25,000; ₹1,000 for ₹25,001–₹50,000; ₹1,200 for above ₹50,000 (+ GST).. In addition, revolving finance charges at 3.50% per month (42.00% per annum) on revolving balances. will be calculated from the original transaction dates on all outstanding balances and fresh purchases. You will lose the interest-free grace window, and the overdue record will be transmitted to credit bureaus (CIBIL, Experian, CRIF High Mark), adversely impacting your credit score.
Can I convert transactions on Kotak Mojo Platinum Credit Card into EMI?
Yes, Kotak Mahindra Bank Ltd. provides merchant EMI and post-purchase in-app EMI conversion options for eligible transactions (typically above ₹1,500 to ₹2,500). Cardholders can configure repayment schedules from 3 to 24 months via the bank's mobile application, net banking dashboard, or SMS prompt. Conversion is subject to a nominal one-time processing fee (usually 1% to 2% + 18% GST) and tenure-based interest charges.
How do I track and redeem reward points or cashback on Kotak Mojo Platinum Credit Card?
You can monitor accrued reward points or cashback by accessing your monthly e-statements or logging into Kotak Mahindra Bank Ltd.'s official mobile banking application or web portal. 1 Mojo Point = ₹0.40 against flight/hotel bookings or statement balance cash credit. Please note: Mojo points expire 2 years (24 months) from the date of accrual.
What is the interest-free grace period on Kotak Mojo Platinum Credit Card and how does it work?
The interest-free period on Kotak Mojo Platinum Credit Card is Up to 48 days of interest-free credit from transaction date.. This benefit is applicable strictly when the full Total Amount Due from the previous billing cycle was cleared by the payment due date. If any residual balance is carried forward, all purchases immediately incur daily finance charges (3.50% per month (42.00% per annum) on revolving balances.) with zero grace period. ATM cash withdrawals never receive a grace period and incur interest and cash advance fees from the withdrawal timestamp.
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