Kotak Fortune Gold Credit Card

You can enjoy several attractive feature and benefits with the Kotak Fortune Gold Credit Card such as:

• Easy Access to Cash: You can withdraw cash anytime you need at all Kotak ATMs. In addition to this, you have the option of fund transfers at the nearest Kotak branch or online. The cash withdrawal limit is up to 50% of your current credit card limit.
• Fuel Surcharge Waiver: For any fuel purchases made between Rs.500 and Rs.3,000, you can get a fuel surcharge waiver. This is subject to a maximum amount of Rs.3,500.
• Easy Balance Transfer Options: You can transfer balances from any other card to your Kotak Fortune Gold Credit Card with just one phone call. You can still enjoy the interest-free period on retail purchases after transferring your balance to your Kotak Card.
• Milestone Program: The revised milestone program allows you to get 1 free Indigo ticket or 4 free PVR tickets.
• Fortune Shield: You can stay protected against any fraudulent use of your card. You get insurance of up to Rs.50,000 for up to 7 days before reporting a lost or stolen card.
• Get Add-on Card: Even your loved ones can enjoy the benefits offered on Kotak Fortune Gold Credit Card with an add-on card. You can get an add on card with the same limit as the primary card for your spouse, children or even parents provided the individual is above 18 years of age.
• Cashback offers: Based on spending in the previous year, you can get great cash back offers on your card that you can claim within 3 months of this period getting completed. No cashback will be offered on utility, education, wallet load, fuel, rent, Govt., insurance & online gaming spends.

Note: A 1% transaction fee is applicable on select categories exceeding monthly spend thresholds – wallet loading & online gaming exceeding cumulative spends of Rs. 10,000; utility spends exceeding Rs. 35,000 and  fuel spends exceeding Rs. 25,000.

The basic fee and charges of this card are as follows:

Fee/Charge	Amount
Annual Fee	Nil
Add-on Card Fee	Nil
Finance Charges (Interest Rate)	3.75% p.m. (45% p.a.)
ATM Cash Withdrawal Charges	Rs.199
Late Payment Fee	For outstanding balance less than Rs.500- Rs.100 For outstanding balance between Rs.500 and Rs.10,000- Rs.500 For outstanding balance greater than Rs.10,000- Rs.700
Overlimit Fee	Rs.500
Cheque Bounce Charges	Rs.500
Foreign Currency Markup	3.5%
Cash Payment Charges	Rs.100
Card Reissue/Replacement Charges	Rs.100

To avail a Kotak Fortune Gold Credit Card, you are required to fulfil certain eligibility criteria as mentioned below:

• The primary cardholder should be between 21 and 65 years of age. The add-on cardholder should be 18 years of age or above.
• You must be located in Ahmedabad, Chennai, Chandigarh, Bangalore, Chennai, Delhi ( Noida and Gurgaon included), Mumbai, Hyderabad, Navi Mumbai, Kolkata or Pune.
• Your income per annum should be Rs.3 Lakh or more.
• This card is only for businessmen.

Documents Required to apply for Kotak Fortune Gold 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 and eligible candidates can get this credit card by visiting the nearest branch of Kotak Mahindra Bank. However, online application is an easier and quicker way. Here’s how you can apply online for this credit card:

• Visit the official website of Kotak Mahindra Bank.
• Go to the credit card section and find the Kotak Fortune Gold credit card.
• Click on ‘Apply Now’ and enter the required details.
• If eligible, you can fill the detailed application form.

An executive of the bank will give you a call about document collection. Once you submit the documents, the bank will check the documents and validate the information provided by you. If everything goes right, you will get the card within 7-10 business days.

What is the maximum credit limit that is allowed on this credit card?

You can withdraw maximum of Rs.25000 per day.

How much is the cash withdrawal fee on this credit card?

The cash withdrawal fee on this credit card is Rs.199 per Rs.10,000 withdrawn from any ATM.

What is the Add-on card fee?

The Add-on card fee is a one time fee which is Rs.299.

Please Note: Kotak Mahindra Bank is not a Paisabazaar partner. Offers would be from partner Banks/NBFCs only.