Kotak Mahindra Bank Credit Card Eligibility

Headquartered in Mumbai, Kotak Mahindra Bank is one of the leading private sector banks in India. For over a decade, the bank has been offering excellent financial services. The banking products offered by the bank offers a wide range of benefits to the customers. Kotak Mahindra credit cards are known for their reward program. Every card is exclusively designed to cater to the needs of the cardholder. These cards offer great discounts on dining, movie, travel, lifestyle, and shopping bills.

To get a Kotak Mahindra Bank credit card, you will have to meet the eligibility criteria set by the bank. The requirements differ from card to card. Therefore, it is very important to check the eligibility criteria before you apply for a credit card.

General Eligibility Criteria To Apply For A Kotak Mahindra Bank Credit Card


For all Kotak Mahindra Bank credit cards

Minimum age of the applicant for a primary card

21 years

Maximum age of the applicant for a primary card

65 years

Age of the applicant for an add-on card

18 years and above

Employment status

Self-employed/ Businessmen/ Salaried individuals/ Professionals


A Resident of India

Income criteria

From Rs.3 lakh to Rs.24 lakh per annum*

*The income criteria differs from card to card. Kotak Mahindra Bank offers credit cards for those who earn a minimum of Rs.3 lakh per annum. However, the income requirement depends on the type of card you want to apply for.

Factors That Affect Your Kotak Mahindra Bank Credit Card Eligibility

There are many factors that affect your Kotak Mahindra Bank credit card eligibility criteria. Some of the factors are as follows:

  • Age of the applicant: As mentioned in the table, for primary credit cards, the minimum age of the applicant should be 21 years and the maximum age should not exceed 65 years. For an add-on credit card, the minimum age of the applicant should be at least 18 years. If you do not meet the age limit set by Kotak, your credit card application may be rejected.
  • Total income: Your income has a direct impact on your credit card application. The type of credit card you get will be decided after considering your income.
  • Debt-to-Income Ratio (DTI): Credit card providers calculate the Debt-to-Income Ratio when you apply for a card. The DTI Ratio is calculated by dividing your gross monthly debt by your monthly income. The chances of your credit card application getting rejected will be high if you have a high DTI Ratio.
  • Credit score: The credit bureaus in India, namely Experian, TransUnion, and Equifax assign your credit score based on your credit history. A credit score can range from 300 to 800. Your credit card application may be rejected if you have a low credit score. A high credit score will help you get better credit card deals.
  • Lack of credit history: If you do not have a credit history, lenders will not be able to assess your repayment capacity. If you have not availed any lines of credit before, your credit card provider will not be able to judge if you are a responsible borrower. Consider building a positive credit history before applying for a credit card.
  • A high outstanding amount on your existing credit cards: If you have an existing credit card, the bank will check the outstanding due amount and your payment history on the card. If you are not a prompt payer and if have defaulted on your credit card bill, your application may be rejected.
  • Settled accounts: In the past, if you worked out a settlement with your credit card provider, it will appear in your credit report. This remark will have a negative impact on your credit card.

Some other factors that can affect your credit card eligibility are:

  • Multiple credit inquiries
  • Number of credit cards you own
  • Recent delinquency on your credit report
  • “Charge-off” or “Settled” remark on your credit report
  • Job stability

How To Improve Your Kotak Mahindra Bank Credit Card Eligibility

If your credit card application is rejected, you can apply again after improving your eligibility. Some of the ways you can improve your credit card eligibility are:

  • Check your credit score and improve it if it is low. You can increase your credit score in many ways. Reducing your total debt, paying your bills on time, and maintaining a good credit utilisation rate can help you boost your credit score.
  • Avoid making multiple hard enquiries for credit cards or any other lines of credit.
  • Maintain a good Debt-to-Income Ratio.
  • Avoid cheque bounces, late fees, and penalties on all your active lines of credit.

Top Kotak Mahindra Bank Credit Cards

Some of the most popular credit cards offered by Kotak Mahindra Bank are:

  • Urbane Gold Credit Card
  • Royale Signature Credit Card
  • League Platinum Credit Card
  • Aqua Gold Credit Card
  • PVR Gold Credit Card
  • Wealth Management Infinite Credit Card
  • Essentia Platinum Credit Card
  • Best Price Credit Card
  • Delight Platinum Credit Card
  • Corporate Platinum Credit Card

If you are planning to apply for a Kotak Mahindra Bank credit card, you can talk to one of the bank’s executives by dialing 1-860- 266-2666 or 1-860- 266-0811. If you are an existing customer, you can apply for a Kotak Mahindra Bank credit card through your netbanking account. Alternatively, you can apply for a credit card online on the Kotak Mahindra Bank official website or you can visit a bank branch in person.

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