Kotak Zen Signature Credit Card

Net Annual Value

Rs.8,40,000

Rs.30,675

Welcome Benefit

Rs.375

Priority Pass plus 3 Visits (Free)

Rs.13,500

Milestone Benefit (Expenditure of Rs.6 lakh)

Rs.3,750

Fuel Surcharge Waiver

Rs.3,500

Annual Fee Waiver

Rs.1,500

Rewards Benefits

Rs.8,050

Shopping Spends (2x)

Rs.1,26,000

Rs.2,100

On Other Spends (5)

Rs.7,14,000

Rs.5,959

Particulars

Amount

Joining Fees

Rs.1,500

Annual Fees

Rs.1,500

Condition for waiver of Joining Fees

NA

Condition for waiver of Annual Fees - First Year

Annual retail Spends of Rs.1.5 lakh

Condition for waiver of Annual Fees - Second Year

Annual retail Spends of Rs.1.5 lakh

Addon card Fees

Rs.299

Interest Charges on outstanding Balances

3.5% (Annualized 42%)

Minimum Amount Due (MAD) (It will reflect in statement in column of minimum amount due)

MAD can be 5% or 10% of TAD as decided by the Bank

ATM Cash Withdrawal/ Call a draft/ Fund Transfer/ Cash Advance

2.5% on the advance amount (minimum of Rs.500)

Late Payment Charges ("LPC")

1. 0 for statement below Rs.100
2. Rs.100 for statement between Rs.100 and Rs.500
3. Rs.500 for statement o/s between Rs.501 to Rs.5,000
4. Rs.600 for statement o/s between Rs.5,001 to Rs.10,000
5. Rs.800 for statement o/s between Rs.10,001 to Rs.25,000
6. Rs.1,000 for statement o/s between Rs.25,001 to Rs.50,000
7. Rs.1,200 for statement o/s above Rs.50,000

Over Limit Charge

Rs.500

Cheque Bounce Charges

2% on the bounce amount, minimum of Rs.500

Foreign Currency Mark Up

3.5%

Railway Booking Surcharge (1.8%/2.5% on transaction amount)

Waived

Fuel Surcharge (1% on transaction)

Waived

Fee for Cash payment at Bank

Rs.100

Outstation Cheque Processing Fee

Waived

Reissue/ Replacement Card (per issuance)

Rs.100

Charge Slip Request

Waived

Machine Surcharge at ATMs

Waived

Balance Enquiry Charges at Non-Parent Bank ATM

Waived

Duplicate Statement Request

Waived

Web Pay Service Fee

Waived

Income proof (For self-employed)

1. Recent ITR (Income Tax Returns)
2. Audited profit and loss statement or balance sheet

Address proof (any one)

1. Passport
2. Telephone bill
3. Aadhaar card
4. Electricity bill
5. Rental agreement
6. Ration card

Income proof (For salaried)

1. Recent salary slips
2. Salary certificate
3. Employment letter

Proof of Identity (any one)

1. Voter's ID card
2. Ration Card
3. PAN Card
4. Passport
5. Driving licence
6. Aadhaar card