Paisabazaar app Today!
Get instant access to loans, credit cards, and financial tools — all in one place
Our Advisors are available 7 days a week, 9:30 am - 6:30 pm to assist you with the best offers or help resolve any queries.
Get instant access to loans, credit cards, and financial tools — all in one place
Scan to download on
Kotak Mahindra Bank offers a Corporate Wealth Signature Credit Card especially formulated for managing corporate expenses. This corporate card eases accounting, budgeting and predicting the expense patterns of the employees of the company. It not only aids in managing expenditure procedures but also offers a grand spending power to the company.
| Go to: |
Note: Kotak Mahindra Bank is not taking new credit card applications. Content on this page is for information purpose only.
This corporate credit card comes with the following features:
Reward Points & Easy Redemption- The Corporate Credit Card provided by Kotak offers reward points for all business-related transactions. The users can redeem their reward points quarterly and a cash return will be added in their next statement cycle.
Ease of Usage- The employees can make hassle-free spending through credit cards. Be it a sales meeting, conference, association meets or any other business-related meeting, the card can be used everywhere. As it is a corporate-liability credit card, the user need not worry about the late payment charge or the outstanding dues; the organization will be responsible for clearing the dues.
Higher Earnings- Customers can earn cashback when they make transactions through their corporate card.
Fuel Surcharge Waiver– Users are eligible for this waiver only if they make a transaction between Rs. 500 and Rs. 3,000. A waiver of a maximum of Rs. 3,500 per calendar year is allowed.
Access to Airport Lounges- By using the VISA Airport Lounge offers, cardholders can access the lounges of domestic airports, twice in a quarter.
Addition to the Company’s Potential- This credit card aids budgeting and savings together with the privilege of the decreased cost of the company, elevated control over expenses and other monitored expense patterns.
Railway Surcharge Waiver- If you make transactions through www.irctc.co.in or from the booking counters of Indian Railways, then you can earn railway surcharge waivers. A maximum of Rs. 500 is allowed annually as a waiver.
Management of Expenses- The customers can maintain a budget of their expenses as per the vendor-based tracking of the employees. Using the Kotak Visa Intellilink, they can track the expenses of every employee of their company using statistical data.
Other Benefits- Some miscellaneous benefits of the card include the following:
The table given below shows the fees and charges associated with this credit card:
| Fee/Charge | Amount/Rate |
| Joining Fee | Nil |
| Annual Fee | Nil |
| Interest charged on Outstanding Balance | 3.10% on the outstanding amount. |
| Over Limit Charges | Rs. 500 for amount exceeding the credit limit on the card. |
| Cheque Bounce Charges | Rs. 500 |
| Foreign Currency Mark up | 3.5% |
| Cash Payment Fee | Rs. 100 |
| Credit Information Report(CIBIL) copy | Rs. 50 |
| Late Payment Fee | Rs. 100 for amount up to Rs. 500 Rs. 500 for amount between Rs. 500.01 and Rs. 10,000 Rs. 700 for amount above Rs. 10,000 |
Documents Required to apply for this credit card:
| 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 slip (not more than 3 months old), Latest Form 16, Last 3 months’ bank statement |
Interested candidates can apply for a Kotak Corporate Wealth Signature Credit Card either online or offline.
Offline
To apply via offline mode, the applicant can visit the nearest branch of Kotak Mahindra Bank and their respective executive will assist you there.
Online
For applying online, the applicant should visit the official website of Kotak Mahindra Bank. Select the card and enter the detailed as asked. Once the form is submitted, an executive from the bank will call to guide the applicant through the process.
After I have applied for the Kotak Corporate Wealth Signature Credit Card, by when can I expect to receive it?
After receiving your application, within a minimum of 15 days Kotak Mahindra Bank will process your request for the Kotak Corporate Wealth Signature Credit Card.
Can I avail for an add-on card?
No, Kotak Corporate Wealth Signature Credit Card doesn’t facilitate add-on cards.