M16S / Kotak Mahindra Bank / Kotak NRI Royale Signature Credit Card
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Kotak NRI Royale Signature Credit Card
The Kotak NRI Royale Signature Credit Card costs Rs 1,000 a year. Accelerated earn: 2 reward points on spends outside India (unit not stated on listing). The forex markup is 3.5%. Read from the issuer's own documents on 31 Oct 2026.
- Annual fee
- Rs 1,000+ GST
- Fee waived at
- —
- Base return
- —
- Forex markup
- 3.5%
- Interest
- 3.75%a month
Apply on kotak.bank.inOpens the bank’s own page.
Fees
| Joining fee | Free |
|---|---|
| Annual fee | Rs 1,000 |
| Fee notes | Nil joining, Rs 1,000 annual, no waiver. Add-on Rs 599. |
Rewards
| Reward currency | Reward Points |
|---|---|
| Point value | 1 point = Rs 1 (issuer listing) |
| Accelerated earnunverified | 2 reward points on spends outside India (unit not stated on listing) |
| Spends that earn nothing | No rewards on wallet loads, fuel, rent or online skill-based gaming; per statement cycle, utility earns up to Rs 50,000, education up to Rs 70,000, government up to Rs 40,000, insurance up to Rs 70,000 |
Travel and perks
| Forex markup | 3.5% |
|---|---|
| Fuel surcharge waiver | 1% on Rs 500-5,000 txns, cap Rs 3,500; railway waiver up to Rs 500 |
Charges and eligibility
| Interest per month | 3.75% |
|---|---|
| Late payment fee | By outstanding balance: <=100 nil; 100-500 Rs 100; 500-1,000 Rs 500; 1,000-5,000 Rs 600; 5,000-10,000 Rs 750; 10,000-25,000 Rs 900; 25,000-50,000 Rs 1,100; >50,000 Rs 1,300 |
| Cash advance fee | 2.5% min Rs 500 |
| Eligibility | NRI customers; bill paid in INR |
| Fine-print notes | Listed on Kotak's page without a discontinued tag; details thin. MITC surcharges: 1% on utility spend above Rs 50,000/cycle, fuel above Rs 35,000/cycle, wallet loads above Rs 10,000/cycle, online gaming above Rs 10,000/cycle, education via third-party apps; rent 1% + GST. |
Questions
- What is the annual fee of the Kotak NRI Royale Signature Credit Card?
- Rs 1,000 a year, before GST.
- What is the forex markup on the Kotak NRI Royale Signature Credit Card?
- 3.5% of each foreign-currency transaction, before GST.
- Which spends earn no rewards on the Kotak NRI Royale Signature Credit Card?
- No rewards on wallet loads, fuel, rent or online skill-based gaming; per statement cycle, utility earns up to Rs 50,000, education up to Rs 70,000, government up to Rs 40,000, insurance up to Rs 70,000