M16S / Kotak Mahindra Bank / Kotak Private Credit Card
super-premium · rewards
Kotak Private Credit Card
The Kotak Private Credit Card costs Rs 49,000 a year. Read from the issuer's own documents on 11 Oct 2026.
- Annual fee
- Rs 49,000+ GST
- Fee waived at
- —
- Base return
- —
- Forex markup
- —
- Interest
- 3.5%a month
What changed on this card
- Kotak Private credit card: Rs 49,000 fee, zero forex, invite only, Nov 2026
Kotak Mahindra Bank now has a public page for its invite-only Kotak Private credit card. Its terms show a Rs 49,000 annual fee, waived for eligible Kotak Private clients, and nil forex markup.
Each change is read from the bank's own notice or terms document, linked above. Every card's changes are on the change log.
Fees
| Joining fee | Free |
|---|---|
| Annual fee | Rs 49,000 |
| Fee notes | Nil joining, Rs 49,000 annual; waived for eligible Kotak Private (private banking) clients (KFS). |
Travel and perks
| Fuel surcharge waiver | 1% on Rs 400-7,500 txns, cap Rs 10,000 per anniversary year |
|---|
Charges and eligibility
| Interest per month | 3.5% |
|---|---|
| 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 | 1% of amount; cash advances interest-free within the billing cycle |
| Eligibility | Kotak Private Banking clients |
| Fine-print notes | Only the Key Fact Statement was found; no public product page, so rewards and lounge terms are not documented. No reward redemption fee, no overlimit fee. |
Questions
- What is the annual fee of the Kotak Private Credit Card?
- Rs 49,000 a year, before GST.