Kotak Mahindra Bank --> Business Credit Card -->

Interest-free period

• Standard 18 days after statement generation to pay.
• Interest free period from start of billing cycle date not exceeding 48 days (55 days for Biz Edge).
• Payment Due Date ranges 07 to 18 days (25 days for Biz Edge) after Statement Date.
• Free credit period 07 to 55 days.
• Shorter billing cycle product variant of Purchase Card: 7/15 days.

Verified · Most Important Terms & Conditions (MITC) - Kotak Commercial/Corporate Credit Card · 2026-07-30 · source

Charge

• Charges (per MITC dated 13-Mar-2026): Finance charges/interest monthly rate by variant - Solitaire Business 1.99% (23.88% APR).
• Biz Edge 3.75% (45% APR).
• Travel Agent 1.49% (17.88% APR).
• Basic/Classic/Corporate Platinum CCCL/CCJ&SL/Central Travel/Purchase 3.30% (39.60% APR).
• Privy League Platinum & Wealth Signature 3.10% (37.20% APR).
• Corporate Platinum CCIL 3.50% (42% APR) with ATM cash withdrawal/cash advance fee ₹300 per 10,000 (42% APR).
• Cash withdrawal not applicable/NA on other variants.
• Late Payment Charges: <₹100 = ₹0.
• ₹100-500 = ₹100.
• ₹500.01-5000 = ₹500.
• ₹5000.01-10000 = ₹500.
• ₹10000+ = ₹700.
• Returned Cheque ₹500.
• Auto debit return fee ₹500.
• Foreign Transaction Mark up up to 3.50%.
• Cash Payment at Branch Fee ₹100 (not applicable for Purchase Card).
• Air India Transaction Fee (w.e.f 31st March 2026) 0.90% of transaction amount + GST (applicable to select TMCs & OTAs).
• Utility bill/insurance transaction fees (Visa): Water/Electricity/Piped Gas Bills 1.1%, Insurance 1.1%, Post office/Education 0.7%.
• Card Replacement Fee (Lost & Damaged Cards) Waived.
• For Solitaire Business/Biz Edge: Reissue/Replacement Card ₹100 (Solitaire) / Waived (Biz Edge).
• Cheque Bounce Charges 2% subject to min ₹500.
• Auto debit return/Standard Instruction failure fee 2% subject to min ₹450 and max ₹5,000.
• LPC slabs up to ₹1,200 for >₹50,000.
• ATM cash withdrawal Not Allowed.
• Over Limit Charges Not Applicable.
• MAD 5% of transactions & 100% of EMI/Finance Charges/Fees/Tax subject to min ₹100.

Verified · Most Important Terms & Conditions (MITC) - Kotak Commercial/Corporate Credit Card · 2026-07-30 · source

Fuel surcharge waiver

• Fuel Surcharge waiver (subject to a minimum of ₹10) waived only for transactions between ₹500 - ₹3,000.
• Maximum fuel surcharge waiver of ₹3,500 in a calendar year.
• For Solitaire Business Credit Card: 1% Fuel Surcharge Waiver across all petrol pumps in India, on transactions between ₹500 - ₹5,000 (excluding taxes), maximum ₹5,000 in an anniversary year.

Verified · Most Important Terms & Conditions (MITC) - Kotak Commercial/Corporate Credit Card · 2026-07-30 · source

Milestone benefit

Milestone offer - Spend ₹1,50,000 in a year and get 4 PVR tickets.

Verified · --> Business Credit Card --> product page · 2026-07-30 · source

Reward cap

• Reward points, if not redeemed, will expire after 2 years from the date on which they are earned.
• No prior intimation of expiry is sent, but business cards customers receive SMS notification 5 days prior to the expiry of the reward points.

Verified · Most Important Terms & Conditions (MITC) - Kotak Commercial/Corporate Credit Card · 2026-07-30 · source

Travel benefit

• Travel covers (valid for Corporate T&E variants & Solitaire Business Card): Flight Delay (Deductible - 6 Hours) ₹10,000.
• Carrier Cancellation ₹10,000.

Verified · Most Important Terms & Conditions (MITC) - Kotak Commercial/Corporate Credit Card · 2026-07-30 · source

Insurance

• Insurance (valid for Corporate T&E variants & Solitaire Business Card): Card Liability Cover (Lost Card Liability, Counterfeit/Skimming/Phishing and Online Fraud Protection) ₹50,000.
• Loss of Checked in Baggage ₹10,000.
• Delay of Checked in Baggage ₹10,000.
• Valuable Documents Cover ₹10,000.
• Missing of Connecting International Flight During Transit ₹10,000.
• Only primary card holders covered.
• Active card clause applies (one transaction in last 90 days).
• Claim documents within 60 days to Zurich Kotak General Insurance.

Verified · Most Important Terms & Conditions (MITC) - Kotak Commercial/Corporate Credit Card · 2026-07-30 · source

Eligibility

• Usage of corporate credit card is limited only to corporate and business expenses/purpose.
• Solitaire Business Customer: Self Employed Individual/Business owners/Proprietors/Partners maintaining Relationship Value of ₹1 Crore and above.
• Biz Edge Credit Card Customer: Self Employed individual/Business Owners/Sole Proprietors maintaining Relationship Value of ₹10L and above.

Verified · Most Important Terms & Conditions (MITC) - Kotak Commercial/Corporate Credit Card · 2026-07-30 · source