What is the annual fee of the Kotak Royale Signature Credit Card?

Rs 999 a year, before GST. It is waived if you spend Rs 1,00,000 in a year.

Does the Kotak Royale Signature Credit Card give airport lounge access?

Yes. In India: 2 per quarter (issuer listing). Outside India: none listed.

What is the forex markup on the Kotak Royale Signature Credit Card?

3.5% of each foreign-currency transaction, before GST.

M16S / Kotak Mahindra Bank / Kotak Royale Signature Credit Card

mid · rewards

Kotak Royale Signature Credit Card

Kotak Mahindra BankVisaLast checked 11 Oct 2026closed to new applicants

The Kotak Royale Signature Credit Card costs Rs 999 a year, waived if you spend Rs 1,00,000 in a year. It earns 2 points per Rs 150 (aggregator). Accelerated earn: 4 points per Rs 150 on hotels, restaurants, airlines, travel agencies, international (aggregator). The forex markup is 3.5%. Lounge visits in India: 2 per quarter (issuer listing). Read from the issuer's documents and an aggregator on 11 Oct 2026.

Annual fee: Rs 999+ GST
Fee waived at: Rs 1,00,000annual spend
Base return: —
Forex markup: 3.5%
Interest: 3.75%a month

Fees

Joining fee	Free
Annual fee	Rs 999
Annual spend that waives the fee	Rs 1,00,000
Fee notes	MITC: joining Rs 1,499 or nil by variant; annual Rs 999 waived on Rs 1 lakh retail spend.

Rewards

Reward currency	Reward Points
Base earnunverified	2 points per Rs 150 (aggregator)
Accelerated earnunverified	4 points per Rs 150 on hotels, restaurants, airlines, travel agencies, international (aggregator)
Spends that earn nothingunverified	Fuel, railway (aggregator)
Milestone benefits	Up to 30,000 bonus points at Rs 8 lakh annual spend (issuer listing); 10,000 at Rs 4 lakh (aggregator)

Travel and perks

Domestic lounge	2 per quarter (issuer listing)
International lounge	None
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
Fine-print notes	Discontinued for new applications per Kotak's listing page. Point value not confirmed. 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 Royale Signature Credit Card?: Rs 999 a year, before GST. It is waived if you spend Rs 1,00,000 in a year.
Does the Kotak Royale Signature Credit Card give airport lounge access?: Yes. In India: 2 per quarter (issuer listing). Outside India: none listed.
What is the forex markup on the Kotak Royale Signature Credit Card?: 3.5% of each foreign-currency transaction, before GST.
Which spends earn no rewards on the Kotak Royale Signature Credit Card?: Fuel, railway (aggregator)