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 SignatureShopping & Rewards CardsLast Verified: 2026-09-28

Kotak Zen Signature Credit Card

कोटक ज़ेन सिग्नेचर क्रेडिट कार्ड

Lifestyle card offering 15 Zen points per ₹150 on apparel and international spends, 8 domestic lounge visits, and 22,500 milestone bonus points.

Annual Fee₹1,500 + GST (Renewal: ₹1,500 + GST)

Reward Rate15 Zen Points per ₹150 spent on apparel, lifestyle, department stores, and international spends (effective 2.50% reward rate). 5 Zen Points per ₹150 on all other regular 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 Zen Signature Credit Card is an apparel and lifestyle rewards card engineered for corporate managers and fashion spenders. It provides 15 Zen points per ₹150 on apparel and international checkouts, 8 domestic airport lounge visits, and up to 22,500 bonus milestone reward points.

Key Benefits (Official MITC Sourced)

💳Annual Fee & Joining Fee

₹1,500 + GST (Renewal: ₹1,500 + GST)

Fee Waiver: Spend ₹1,50,000 or more in each preceding anniversary year to get the annual renewal fee of ₹1,500 waived.

🎁Welcome Benefit

1,500 bonus Zen Points (worth ₹375) credited upon payment of the joining fee and first retail transaction.

⚡Reward Points Structure

15 Zen Points per ₹150 spent on apparel, lifestyle, department stores, and international spends (effective 2.50% reward rate). 5 Zen Points per ₹150 on all other regular retail purchases.

Redemption Value: 1 Zen Point = ₹0.25 redeemable against cash statement balance, air miles, or retail vouchers.

🛫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 ₹50 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 7,500 bonus Zen Points on reaching ₹3 Lakhs annual spend; earn an additional 15,000 bonus Zen Points on reaching ₹6 Lakhs annual spend. Annual fee waiver on ₹1.5 Lakhs 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

Base retail earn rate on non-apparel domestic spends is modest at 0.83%. No international airport lounge visits are included on Zen Signature. 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 ExpiryZen 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 ₹40,000. Self-employed individuals aged 21 to 65 with annual ITR exceeding ₹4,80,000.

Age Requirement21 to 65 Years

Minimum Income₹40,000/month (Salaried) / ₹4,80,000/year ITR (Self-Employed)

CIBIL Score NoteA credit score of 730+ 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 Banking app.

2Enter PAN and mobile number for soft credit eligibility check.

3Select Kotak Zen 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 Zen 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 Zen 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 Zen 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 Zen Point = ₹0.25 redeemable against cash statement balance, air miles, or retail vouchers. Please note: Zen Points expire 2 years (24 months) from the date of accrual.

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

The interest-free period on Kotak Zen 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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