Kotak Biz Credit Card

Apply for the best credit card of Kotak Mahindra Bank

Kotak Biz Credit Card
  • Best suitable for: Business
  • Joining Fee: ₹ 299+ GST + GST
  • Annual Fee: ₹ 499+ GST + GST
  • Welcome Benefits: -
card image

Description

Welcome Benefits:

-

Best Suited For:

Business

Spend Based Waiver:

Not Applicable for this card

Add-on Card facility:

NIL

Late Payment Fee:

Total Amount Due/Statement BalanceLate Payment Charges
Less than or equal to 100NIL
Above 100/- and up to 500100
Above 500/- and up to 5000500
Above 5000/- and up to 10,000600
Above 10,000/- and up to 25,000800
Above 25,000/- and up to 50,0001000
Above 50,000/-1200

Minimum Repayment Amount:

5% of Total outstanding amount (Min. Rs. 100) + all applicable charges/fees/taxes + EMI or 10% of TAD as decided by the Bank.

Interest Rates:

3.5% per month (42.0% annually)

Rewards Redemption Fee:

-

Over Limit Penalty:

500 per instance

Conditions for Fee Waiver:

Not Applicable for this card