Kotak Mahindra Bank Indigo Kotak Premium Credit Card

Interest-free period

• Interest free period can range up to 51 days depending on the Payment Due Date.
• Payment Due Date can be between 18 and 21 days after the Statement Date.
• Depending on the Payment Due Date, credit free period can range from 18-48 days or 21-51 days.
• Not applicable if Total Amount Due is not paid in full.

Verified · Key Fact Statement (KFS) - IndiGo Kotak XL (Premium) Credit Card · 2026-07-30 · source

Charge

• Finance/Interest Charges: 3.75% per month (45.00% APR).
• Cash Advance Fee: 2.5% on advance amount, subject to minimum of ₹500.
• Late Payment Charges (by outstanding balance): <=₹100 = ₹0.
• >₹100-₹500 = ₹100.
• >₹500-₹1000 = ₹500.
• >₹1000-₹5000 = ₹600.
• >₹5,000-₹10,000 = ₹750.
• >₹10,000-₹25,000 = ₹900.
• >₹25,000-₹50,000 = ₹1,100.
• >₹50,000 = ₹1,300.
• Standing Instruction Failure / Auto-debit return fee (NACH, ECS, Auto Debit): 2% on bounce amount, min ₹450, max ₹5000.
• Cheque Return Fee: 2% on bounce amount, min ₹500.
• Fee for Cash Payment at branches: ₹100.
• Over Limit Charges: ₹500 (if over limit amount is equal to or greater than ₹500).
• Dynamic Currency Conversion Fee: 3.50%.
• Foreign Currency Transaction Markup fee: 3.50%.
• Fee on Wallet Loading: 1% on cumulative wallet loading spends exceeding ₹10,000 per statement cycle.
• Credit Limit Increase Processing Fees: ₹100.
• Fee on Fuel Transactions: 1% on cumulative fuel spends exceeding ₹50,000 per statement cycle.
• Fee on Online Skill-Based Gaming: 1% on cumulative online skill-based gaming spends exceeding ₹10,000 per statement cycle.
• Fee on Education Payment: 1% transaction fee on all education payments made via third-party apps.
• Fee on Utility Spends: 1% on cumulative utility spends exceeding ₹75,000 per statement cycle.
• Fee on Rent Payments: 1% on transaction amount.
• Card Replacement Fees (Lost & Damaged Cards): ₹100.
• Railway Booking Surcharge: charged at applicable rates.
• GST applicable on all fees and charges at current rate.
• (Version KFSIKXL12032026).

Verified · Key Fact Statement (KFS) - IndiGo Kotak XL (Premium) Credit Card · 2026-07-30 · source

Fuel surcharge waiver

• Fuel Surcharge charged at applicable rate subject to minimum of ₹10 (GST on fuel surcharge as per standard rate applicable and borne by customer).
• A 1% fee applies on cumulative fuel spends exceeding ₹50,000 per statement cycle.

Verified · Key Fact Statement (KFS) - IndiGo Kotak XL (Premium) Credit Card · 2026-07-30 · source

Reward exclusion

Verified · harvested from product page · 2026-07-30 · source

Official terms

https://www.kotak.bank.in/en/personal-banking/cards/credit-cards/indigo-xl-credit-card.html.

Verified · Indigo Kotak Premium Credit Card product page · 2026-07-30 · source