Kotak NRI Royale Signature Credit Card

Checked against Kotak Mahindra Bank's 4 documents for this card on 02 Nov 2026

COFFER Safety Stars3 of 5See the five checks

Rated 09 Nov 2026 after reading every document the bank publishes for this card. Not a recommendation. How we rate

Open to new applications · Earns reward point

First-year fee

Joining fees: NIL

Annual fee

₹1,000 a year.

What it gives back

1 reward point per ₹200 · everyday spends

Read from 4 Kotak Mahindra Bank documents, last checked 8 Nov 2026.

How it compares

Compared with the cards we have read

₹1,000 annual fee: of the 447 other open cards whose annual fee we have read, 283 state a lower one, 24 state the same and 140 state a higher one.

3.5% forex markup: of the 480 other open cards whose forex markup we have read, 162 state a lower one and 318 state the same.

Fees

Rewards

Reward rate
1 reward point per ₹200 · everyday spends1 reward point for every ₹200.
Reward exclusions
No Rewards/ Cashback on Wallet Load, Fuel, Rent, Online Skill-Based Gaming.
Reward caps
No Rewards/ Cashback on cumulative spends exceeding: Utility ₹50,000; Education ₹70,000; Govt. institutions ₹40,000; Insurance ₹70,000 (per statement cycle)
Catalogue redemption
Revised cashback redemption value: 70 paise per point, effective 1st June, 2025; minimum cashback redemption 2000
Point expiry
Reward points if not redeemed will expire after 2 years from the date on which they are earned.

Card benefits

Domestic lounge access
Airport Lounge Access: 2 complimentary visits every quarter to select lounges in India.
Minimum spend rules
Points earned on transaction amounts in integer multiples of ₹200; Transactions below ₹200 or residual amounts will not earn points.

Also included

Fuel surcharge waiver
Fuel surcharge waiver (revised): Fuel transaction between ₹500 to ₹5,000; Maximum Waiver in an anniversary year is ₹3,500
Surcharge on railway tickets
Railway surcharge waiver for transactions on www.irctc.co.in and Indian Railways Booking Counters; maximum railway surcharge waiver allowed in a calendar year is ₹500
Add-on card eligibility
Add-on card to your spouse, parents or children (above 18 years); issued irrespective of location or citizenship status.
Balance transfer terms
Balance Transfer requests will not be processed for amounts less than ₹2,500/ - & greater than 75% of the Credit Limit.

Charges

Forex markup
3.5% on foreign currency transactions.
Cash advance fee
2.5% on advance amount, minimum ₹500
Interest on unpaid balance
3.75% a month (45.00% a year)
Interest-free period
Up to 51 days
Late payment fee
₹0 to ₹1,300 by outstanding balance.
Payment return or dishonour fee
Cheque Return Fee 2.0% on bounce amount, subject to minimum of ₹500
Minimum amount due
Note: If you spend ₹1,000 and you pay back exactly the Minimum Amount Due ("MAD") every month, then it may result in repayment stretching over 14 months (calculation done with MAD as 1% subject to minimum

Eligibility

Ways to redeem your points

Cashback against your bill
“Revised Cashback Redemption value” Proof
Flight bookings
“* Accumulate your reward points and redeem them across a host of redemption options like Movie tickets, Air tickets, cash and more.” Proof
Products from the rewards catalogue
“Cashback redemption value on select products:” Proof
Movies, events and experiences
“* Accumulate your reward points and redeem them across a host of redemption options like Movie tickets, Air tickets, cash and more.” Proof

How we know - 4 documents from Kotak Mahindra Bank, checked 8 Nov 2026

4 documents from Kotak Mahindra Bank, checked 8 Nov 2026.

₹1,000 a year

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