Getting a credit card is now easier and quicker. Apply for your card online without any documentation while we set up your Kotak811 savings account. During the 811 account opening journey, give consent to check your CIBIL score and continue your account opening journey and we will check your eligibility for the card. Basis eligibility, on the Thank you page, you can complete the credit card application by submitting your employment details.
A credit card issued against a fixed deposit is a secured credit card. It is ideal for people who are new to credit or have a low CIBIL score.
In case, your credit score doesn't match the eligibility criteria to issue an unsecured credit card, you can still get a credit card by opening a refundable fixed deposit account with us.
Don’t worry, you can still get a Kotak 811#DreamDifferent credit card which is a card against the fixed deposit. You can open this account online without income proof or a salary slip. You can complete your credit card application online without any documentation. This card is against fixed deposit and you get a 90% credit limit. Why go for a Credit card against a fixed deposit? Get this card and use it at a regular frequency and pay your dues on time. It helps you to build your CIBIL score and improve your CIBIL score. A good CIBIL score helps you get unsecured credit cards and Loans. Enjoy the benefits of interest free cash withdrawals, rewards on all purchases, a credit limit of up to 80% of your fixed deposit amount and a free Credit Card for life - all with the Kotak811 #DreamDifferent Credit Card.
Kotak Bank Registered Address: 27BKC, C 27, G Block, Bandra Kurla Complex, Bandra (East), Mumbai, Maharashtra, 400051
A zero balance savings account is a type of savings account where account holders do not have to maintain any average monthly balance (AMB).
Aadhaar Disclaimer:
Providing Aadhaar is voluntary. Scan and Pay through your Kotak Mobile Banking App at select in-store outlets.
ActivMoney Disclaimer:
Liquidated Dep2 for ₹25, 000 and liquidated in part for ₹15,000 from Dep1 to honour the cheque of ₹40, 000 as breaking of FD is done in multiples of ₹5,000. Dep2 will earn interest for 15 days at the applicable rate without penalty (on LIFO basis) as it exceeds 7 days which is minimum period required to be eligible for interest and ₹15,000 liquidated from Dep1 would earn eligible interest for 16 days.
Applicable for Resident Indian Individuals only w.e.f. Jun 13, 2022, daily balances in Savings Account above Rs. 50 lakhs will earn 4% interest p.a. Daily balances in Savings Account up to Rs. 50 lakhs will continue to earn 3.50% interest p.a. These interest rates are applicable for Resident Accounts only. Issuance of credit cards is at the sole discretion of Kotak Mahindra Bank Limited. All features and benefits are subject to Credit Card Terms and Conditions. Please read the Credit Card terms and conditions carefully provided on the bank website https://www.kotak.com/en/home.html