Kotak Corporate Gold Credit Card

The common attractive features and credit card benefits provided on both the Kotak Corporate Gold Credit Card variants are listed below:

Comfort to Employee- Employees of the company need not worry about late payment charges and dues to be paid. They can swipe this credit card for the expenses related to business, like exhibitions, conferences, business and executive meetings, sales meet and so on.

Global Acceptance- This card can be used at around 10 million merchants worldwide. Digital currency can be given to consumer, corporate, banks and governments.

Reward Points- Cardholder earns high reward points. These points can be redeemed every quarter. Accumulated cash rebate is given through demand draft.

Fuel Surcharge Waiver- The cardholder is entitled to a waiver of up to Rs. 3,500 in a calendar year on the fuel transactions between Rs. 500 and Rs. 3,000.

Manage Expenses- Expense management facility is offered to the users:

• Company can budget expenses based on the expenses made on corporate cards
• Bank provides statistical data to analyse expenses
• Company can analyse how much amount is spent by each employee
• Company can collect the data to see which employee has spent how much and where
• The expenses of the employees on each supplier or vendor can be tracked

Personalized Services- All cardholders are provided with customized services. Cardholders can obtain quick information on card details, card limit, lost/stolen, etc.

The following fees and charges are associated with this card:

Kotak Credit Card Charges	Fee Amount
Joining Fee	Nil
Annual Fee	On Corporate Basic: Nil On Corporate Classic: Rs. 1,000
Interest on Outstanding Balance	3.30% p.m. (39.6% p.a.)
Over-limit Charges	Nil
Foreign Currency Mark-up Fee	3.5%
Late Payment Charges	On outstanding balance- Up to Rs. 500: Rs. 100 From 500.01 to Rs. 10,000: Rs. 500 More than Rs. 10,000: Rs. 700
Fuel Surcharge	On Corporate Basic: Applicable On Corporate Classic: Waived off

The applicant needs to be an Indian citizen and more than 18 years old with clean credit history to apply for Kotak Bank Corporate Gold credit cards. After the submission of the online application, key documents, like income proofs, residence proofs, and identity proofs are required to be submitted to Kotak Mahindra Bank for verification.

The list of the documents that are usually required is as follows:

Proof of Identity	PAN Card, Aadhaar card, Driver’s License, Passport, Voter’s ID, Overseas Citizen of India Card, Person of Indian Origin Card, Job card issued by NREGA, Letters issued by the UIDAI
Proof of Address	Aadhaar card, Driver’s License, Passport, Utility Bill not more than 3 month’s old, Ration Card, Property Registration Document, Person of Indian Origin Card, Job card issued by NREGA, Bank Account Statement
Proof of Income	Latest one or 2 salary slips (not more than 3 months old), Latest Form 16, Last 3 months’ bank statement

One of the following things can be done to apply for Kotak Corporate Gold Credit Card:

• Visit any nearby Kotak Mahindra Bank branch and apply for this credit card.
• Call customer care and submit your request.
• Apply online via Kotak Mahindra Bank’s official website.

The bank will guide the interested candidate regarding the required documents to be submitted and the application form filling.

Where can I get the Kotak Corporate Gold Credit Card application form? Where to apply?
In order to apply for this card, you should contact the bank through mail at service.corporatecards@kotak.com with the following details and their Sales Representative will get back soon:

• Name of the Company
• Name of the contact person
• Card number
• Contact details

Should Kotak Bank Corporate Gold card only be used for office expenses?
This card has been designed specifically for official purpose. However, the use of this card for personal expenses totally depends on the policy of the company who has taken advantage of the Corporate Card option. The consolidated bill generated will include all personal expenses made by you and the payment of those expenses depends on you and your company’s settlement.

If Kotak Corporate Gold card is lost or stolen, what should be done?
You can call and report the loss of the card to the bank’s 24-Hour Customer Contact Centre and place a request for the replacement of the card. Cardholder should also give a report of the lost/stolen card to the respective Program Administrator of the company through a written message.

Is the Kotak Corporate cardholder entitled to add-on card?
Add on cards are not available on Kotak Corporate Gold Credit Cards.