Do you want to apply for Kotak Mahindra NRI Royale Signature Credit Card?. Then you are on the right page. In the previous article, we have given complete details about Kotak Mahindra Feast Gold Credit Card. In this article, we have given you all the information for the Kotak Mahindra NRI Royale Signature Credit Card details like its benefits, eligibility, annual fee & joining fee, etc., People who are interested to apply for the NRI Royale Signature Credit Card has to check the offers like welcome gifts, reward points, cashback offers, movie offers and shopping offers given by this card. Also, know how to apply for the Kotak Mahindra NRI Royale Signature Credit Card.
Content in this Page
About Kotak Mahindra NRI Royale Signature Credit Card
Kotak Mahindra NRI Royale Signature Credit Card is one of the best credit cards with special benefits and suitable for all your financial needs and luxuries also, maximizes your saving transactions. This Kotak NRI Royale Signature Credit Card gives you your biggest return as an NRI. With a host of customized features, you can also enjoy the benefits that are tailor-made for Indians abroad. Some other benefits like reward points on international spends, freedom to purchase and pay in INR, fuel & railway surcharge wavier, NRI royale shield and add-on card benefits.
|Card Name||Kotak Mahindra NRI Royale Signature Credit Card|
|Card Type||Credit Card|
|Credit Usage Limit||up to 2 lakhs|
|Cash Usage Limit||10,000 daily|
|Annual Charges||1000 Rs|
|Reward Points||Earn edge rewards on every transaction.|
|Official Website||Click here|
Features and Benefits of Kotak Mahindra NRI Royale Signature Credit Card
- Get 2x Reward points on International Spends.
- Freedom to Purchase and pay in Indian rupees.
- Fuel Surcharge Waiver is applicable to transactions between 500 /- and 3000/-.
- Railway Surcharge Waiver for the transactions at www.irctc.co.in for transactions.
- If your Credit Card is lost or stolen by somebody, you get a cover of 2,50,000/- against fraudulent usage up to seven days pre-reporting.
- Add-on card benefits set your spend limit according to your interest.
Fee & Charges
Kotak Mahindra NRI Royale Signature Credit Card Fees and Charges as follows.
|Fee & other Parameters||NRI Card|
|Annual Fees||Rs. 1000|
|Addon Card Fees||Rs. 599 per Add on card|
|Waiver of Annual Fees for First Year||NA|
|Waiver of Annual Fees for Second Year||NA|
|ATM Cash Withdrawal/ Call a draft/ Fund Transfer/ Cash Advance per Rs. 10,000 or part thereof||Rs. 300|
|Interest Charges on outstanding Balances||3.10% (Annualized 37.2%)|
|Minimum Amount Due (MAD) (It will reflect in a statement in a column of the minimum amount due)||MAD can be 5% or 10% of TAD as decided by the Bank|
|Over Limit Charge||Rs. 500|
|Cheque Bounce Charges||Rs. 500|
|Foreign Currency Mark Up||3.5%|
|Fuel Surcharge (1% on the transaction)||Waived|
|Railway Booking Surcharge (1.8%/2.5% on transaction amount)*||Waived|
|Fee for Cash payment at Bank||Rs. 100|
|Outstation Cheque Processing Fee||Waived|
|Reissue/ Replacement Card (per issuance)||100|
|Machine Surcharge at ATMs||Waived|
|Balance Enquiry Charges at Non-Parent Bank ATM||Waived|
|Charge Slip Request||Waived|
|Duplicate Statement Request||Waived|
|Web Pay Service Fee||Waived|
|Furnishing a copy of Credit Information Report (CIBIL)||Rs. 50|
Kotak Mahindra NRI Royale Signature Credit Card Eligibility
- For Kotak Mahindra NRI Royale Signature Credit Card you must be a primary cardholder and should be at the age of 21 – 65 years.
- For add-on cardholder, the minimum age should be 18 years and above
- NRE/NRO account holders are eligible for the Credit Card
- The credit limit offered can be as high as 80% of your Fixed Deposit amount
- Minimum Fixed Deposit Amount must be Rs. 1 lakh
- Only Individual Fixed Deposits are allowed.
- Should be an NRI having an Indian residential address.
Cashback & Reward points
- Get two complimentary access to Airport Lounges in India.
- Earn 2 rewards points for every 200/- spent outside India.
- Earn 1 reward point for every Rs. 200/- spent within India.
- You can also accumulate your reward points and redeem them across a host of redemption options like Air tickets, Movie tickets, Air miles, cash and more.
- 1 Reward Point = Re 1/-
- The maximum fuel surcharge waiver allowed in a calendar year is 3,500 Rs.
- The maximum railway surcharge waiver allowed in a calendar year is Rs. 500/-.
How to Apply for Kotak Mahindra NRI Royale Signature Credit Card – Application Process
To apply for the Kotak Mahindra NRI Royale Signature Credit Card just follow the below instructions.
- First, you have to visit the Kotak Mahindra bank.com
- Next, you have to click on Kotak Mahindra NRI Royale Signature Credit Card there you find the Apply Now button click on it.
- Then an application form is opened in that you have to fill the details like your name, mobile no, customer-id given by the Kotak Mahindra Bank.
- Next, you have to click on Proceed and submit the form.
- If you have any doubts regarding the card just contact your nearest branch for more details.
Ram – Chennai
I am having the credit card with KOTAK MAHINDRA BANK where it is a basic card it has a good credit limit and also it is a user-friendly card to use. The card has a good card also it is comfortable to use. The application is easy and user-friendly to use.
Prakash – New Delhi
I have Kotak Mahindra Bank credit card which was taken through the bank directly. I am using this credit card for the past 2 to 3 years and this is a chargeable card. The credit limit was really average according to me, the agent gave a clear picture of the card process. Customer service was also good as well.
Customer care: 1860-266-2666 or, 1860-266-0811
Kotak Mahindra NRI Royale Signature Credit Card is one of the best credit Card special designed for NRI Indians with benefits of cashback offers and reward points. Also, know about the Kotak Mahindra NRI Royale Signature Credit Card details like its features, eligibility and how to apply for the card. Still, if you have any queries regarding this card comment below. Don’t forget to share this article with your friends.