The Purchase credit card offered by the Kotak Bank is designed to streamline a company or organisation’s everyday miscellaneous expenses. This credit card is issued in the company’s name and is ideal for managing excise duty transactions, centralising vendor payments, and enhancing overall purchasing efficiency.
The company can apply for a Kotak Purchase credit card through the official website or through the nearest Kotak Bank branch. Offered at a zero joining fee, this credit card is a perfect choice for improving financial control of the organisation and management of day-to-day business expenses. Read on to know more about the Kotak Purchase credit card.
The features and benefits of the Kotak Purchase Credit Card are as listed below:
The documents required to apply for a Kotak Purchase Credit Card are as listed below:
Note: The above-listed documents are in general, and additional documents may be requested by the bank as per the requirements.
The fees and charges for Kotak Purchase Credit Card are as listed below:
Category | Charges |
Joining Fee | Nil |
Annual Fee | Nil |
Add-on Card Fee | Not Applicable |
Rate of Interest Charged on Outstanding Balance | 3.30% or 39.6% p.a. |
Minimum Amount Due | Up to 100% |
Late Payment Fee | Below or up to Rs.500: Rs.100 For Rs.500.01 to Rs.10,000: Rs.500 For greater than Rs.10,000: Rs.700 |
Card Replacement Fee | Waived |
Cash Payment at Branch Fee | Rs.100 |

You can apply for this credit card online through Kotak Bank’s official website or offline by visiting the nearest Kotak Bank branch.
The Kotak Purchase credit card is offered at a zero joining fee.
No, you will not be charged a card replacement fee for the Kotak Purchase credit card.
You will be charged Rs. 100 for making a cash payment at the branch for the Kotak Bank Purchase credit card.
The Kotak Bank Purchase credit card offers an interest-free credit period of 48 days.

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