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 SignatureTravel & Aviation CardsLast Verified: 2026-09-28

Kotak Royale Signature Credit Card

कोटक रॉयल सिग्नेचर क्रेडिट कार्ड

Travel and dining card offering 4X points on restaurants, hotels, and air tickets, 8 domestic lounge visits, and ₹1 Lakh spend fee waiver.

Annual Fee₹999 + GST (Renewal: ₹999 + GST)

Reward Rate4X Reward Points (4 points per ₹150 spent) on dining, hotels, restaurants, books, and international travel bookings (capped at 4,000 points per cycle). 2 Reward Points per ₹150 on other retail purchases.

Airport Lounge2 complimentary domestic airport lounge visits per calendar quarter (up to 8 visits annually) at participating DreamFolks lounges in India.

Forex Markup3.50% + GST on foreign currency transactions.

What Is This Card

Kotak Royale Signature Credit Card is a mid-tier travel and dining card designed for upwardly mobile executives. It provides 4X reward points on hotels, restaurants, air travel, and book purchases, paired with 8 domestic airport lounge visits and an accessible ₹1 Lakh spend waiver.

Key Benefits (Official MITC Sourced)

💳Annual Fee & Joining Fee

₹999 + GST (Renewal: ₹999 + GST)

Fee Waiver: Spend ₹1,00,000 or more in each preceding anniversary year to get the annual renewal fee of ₹999 waived.

🎁Welcome Benefit

Bonus Reward Points credited upon fee payment and first card swipe within 30 days.

⚡Reward Points Structure

4X Reward Points (4 points per ₹150 spent) on dining, hotels, restaurants, books, and international travel bookings (capped at 4,000 points per cycle). 2 Reward Points per ₹150 on other retail purchases.

Redemption Value: 1 Reward Point = ₹0.25 against air tickets, merchandise, or cash statement credit.

🛫Airport & Railway Lounge Access

2 complimentary domestic airport lounge visits per calendar quarter (up to 8 visits annually) at participating DreamFolks lounges in India.

🛡️Insurance & Fuel Surcharge Waiver

Insurance Cover: Personal air accident cover of ₹35 Lakhs. Lost card liability cover up to ₹2.5 Lakhs.

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 10,000 bonus reward points on reaching ₹4 Lakhs annual spend; earn an additional 20,000 bonus points on reaching ₹8 Lakhs annual spend. Annual fee waiver on ₹1 Lakh spend.

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

What's Missing (Eligo's Honest Disclosures)

Fine-Print Exclusions & Realistic Costs

4X accelerated points are capped at 4,000 points per billing cycle. No international lounge visits are included on Royale Signature. Forex markup is standard 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 ExpiryReward 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.

Eligibility Criteria

Salaried Indian individuals aged 21 to 65 with monthly salary exceeding ₹25,000. Self-employed individuals aged 21 to 65 with annual ITR exceeding ₹3,60,000.

Age Requirement21 to 65 Years

Minimum Income₹25,000/month (Salaried) / ₹3,60,000/year ITR (Self-Employed)

CIBIL Score NoteA credit score of 720+ is standard.

SBI RelationshipNot mandatory. Open to all qualifying Indian citizens.

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 Royale Signature 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)

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.

Frequently Asked Questions (Official MITC)

What happens if I miss the minimum payment due on Kotak Royale Signature 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 Royale Signature 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 Royale Signature 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 Reward Point = ₹0.25 against air tickets, merchandise, or cash statement credit. Please note: Reward points expire 2 years (24 months) from the date of accrual.

What is the interest-free grace period on Kotak Royale Signature Credit Card and how does it work?

The interest-free period on Kotak Royale Signature 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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