Kotak Bank Corporate Platinum Credit Card

Kotak Mahindra bank offers their customers a wide range of credit card products that fits everyone's lifestyles. They include Shopping, Dining, Entertainment, cards for NRI and Corporate cards, to name a few. The Kotak Corporate Platinum Card is specially designed for corporate use so you earn more rewards on every time you spend.

Kotak Corporate Platinum Card Benefits

1. Easy Redemption:
   • Simply call the customer service desk to redeem your reward points
   • Redeem your reward points every quarter
   • Get cash rebate as demand draft
2. Railway Surcharge Waiver:
   • Book railway tickets at the railway counter or online at www.irctc.co.in to get 1.8% or 2.5% railway surcharge waiver.
   • In a calendar year, you can get a maximum waiver of Rs. 500/-
   • Note: This Feature is valid only on Paid Annual Fee Variant.
3. Ease to Employees:
   • No late payment fees, dues to be paid
   • Use your corporate card for official purposes and your corporate will pay for you.
4. Fuel Surcharge Waiver:
   • Get 2.5% fuel surcharge waiver across all petrol pumps in India
   • Receive waiver when you spend between Rs. 500/- to Rs. 3000/-
   • Maximum waiver of Rs. 3500/- in a calendar year
   • Note: This Feature is valid only on Paid Annual Fee Variant.
5. Airport Lounge Offer:
   • Get access to over 600 airport lounges around India with the VISA airport lounge offer
   • Primary cardholders can get two accesses per calendar quarter
6. Interest Free Funds:
   • Utilization of funds interest free
   • Up to 48 days interest free credit period
   • This feature is much like overdraft facility on credit cards
7. Power to Company:
   • Use Kotak Corporate Platinum Card to reduce company costs
   • Monitor the spending patterns of employees easily
   • Gain complete control over employee's spends
   • The best opportunities for budgeting and savings as well.
8. International Credit Card:
   • Accepted by 10 million merchants around the globe
   • Stop carrying cash. Do transactions digitally. Use digital currency with the government, consumers, businesses and banks.

Kotak Corporate Platinum Card Features

1. Decide your Own Limits:
   • The corporate One company limit is assigned to the corporate
   • Corporates decide the card limit for employees
   • It can vary from hierarchy, designation or by employee's will
2. Ease of Expense:
   • Swipe Kotak Corporate Card at various business related spend opportunities
   • Exhibitions & conferences, business & executive meetings, sales meet, receptions and reunions, association meetings
3. Consolidated Payment:
   • Only one payment for all the employee cards under the company
   • No individual payment to be done by employee
   • Employer has the power of payment
4. Email Statement:
   • Monthly employee statements are sent for reference
   • Option to choose email statements
5. Expense Management:
   • Vendor-wise tracking on the spends done by the employees
   • Budget your expenses according to the spends done on corporate cards
   • Statistical data provided for analysis on the expenses
   • Analyze the amount spent by each employee
   • Data can be retrieved to see which employee has spent where and how much
6. Travel Adherence:
   • Travel or expense policies will be adhered by the employees
   • No fraud claims can be done by employees
   • Prevents slippages while claiming or reimbursing
   • Provides insights if the employees are spending on the registered vendor
7. Hassle-free spends:
   • Eliminate cash advances as company pays off employee's spends
   • Hassle free spending without carrying forex.
   • No records to be maintained by the employees viz. vouchers, travel tickets, etc.
8. Dedicated Service Manager:
   • Personalized service to all corporate card members
   • Quick information on card details, card limits, card lost/stolen. etc.
9. Program Administrator:
   • Program Admin acts as middleman between Kotak and Company
   • Any queries related to your payment due date, total due, damaged card, lost card can be done through single contact
10. Real Time Alerts:
    • Get free SMS alerts on every transaction so you are kept in the loop
    • Also get complimentary email alerts on every transaction
11. Free Card Replacement:
    • In case your card is damaged, lost or stolen, simply call the customer service to get a free replacement.
    • This service can be done anytime

FAQs on Kotak Corporate Platinum Credit Card

1. Is the cash withdrawal feature active on the card?

   No. The Cash withdrawal feature is not active on the card.

2. Once i apply for the card, how long will it take to receive the Kotak Corporate Credit Card?

   Once application form and the required documents are received by Kotak, a minimum of 15 days if need for the precessing.

3. Can i get an Add on card with this card?

   No, its not possible to get an add on card with the Kotak Corporate Credit Card.

4. What should I do if the Card is stolen/lost?

   You must first contact the 24-Hour Customer Contact Centre to report the loss/theft and should request for a card replacement. You should also contact the Program Administrator through a written communication and report the loss/ theft.

5. What should I do if my address/personal details have changed?

   In case there is any change in your address/ personal detail, you must email your Program Administrator with the change. It will take 4 working days for the changes to be reflected in the system. If you have any other relationship with Kotak Mahindra Bank, like Loan relation, Savings Account, Current Account, etc., it is best to visit the branch to make get the changes done.