Kotak Corporate Credit Card
Kotak Mahindra Bank
Last updated: Feb 03, 2026
₹999
₹0
3.5%
8 visits/yr
Contents
Kotak Corporate Credit Card is designed for businesses that want to simplify employee expense management, travel payments and corporate purchases. The card offers consolidated billing at the company level, detailed tracking of spends and flexible control over individual employee limits. With Visa-powered global acceptance, fuel surcharge waivers, airport lounge access and higher reward points on business spending, it supports frequent corporate travellers as well as everyday operational expenses. This makes it a strong choice for organisations looking to streamline payments while earning value back on every eligible transaction.
Features of Kotak Corporate Credit Card which makes it unique
Centralised Corporate Control
The company controls limits, card issuance, and policy adherence for all employee cards from a central dashboard.
Improves compliance with travel and expense policies while reducing misuse.
Stronger central control compared to standard business credit cards.
Comprehensive Spend Analytics
Detailed analysis across vendors, employees, cost centres and categories on monthly statements and MIS reports.
Helps finance teams identify saving opportunities and negotiate better vendor terms.
Designed specifically for enterprise-level reporting and cost optimisation.
Rewards Structure of Kotak Corporate Credit Card
Base Business Spends
baseAll eligible domestic business and operational spends made on the corporate card
Reward points are typically consolidated at the company level and can be redeemed for cash rebates or statement credits as per Kotak’s corporate rewards policy.
International Business Spends
acceleratedEligible international business transactions like hotel, airline, and overseas vendor payments
Designed for organisations with frequent international travel and cross-border business expenses.
Travel and Hospitality Spends
acceleratedAirline tickets, travel portals, hotel bookings, car rentals and conference-related spends
Helps corporates optimise travel budgets while employees enjoy smoother travel payments.
Milestones of Kotak Corporate Credit Card
Annual Company Spend Milestone
Custom annual spend threshold as agreed with Kotak : Preferential pricing, enhanced rewards or fee waivers based on overall corporate relationship
Travel Volume Milestone
High annual spend on travel and hospitality categories : Potential for better lounge access, higher reward point accrual or tailored programme benefits
Fees & Charges of Kotak Corporate Credit Card
| Fee & Amount | Fee Value |
|---|---|
| Joining Fee | 0 |
| Annual Fee | ₹999 |
| Forex Markup Fee | 3.5% |
| Cash Advance Fee | 0 |
| Late Payment Fee | ₹700 |
| Over Limit Fee | ₹500 |
| Returned Payment Fee | ₹500 |
| Cash Withdrawal Fee | 0% |
Renewal Conditions:Annual fee of ₹999 is typically applicable from the second year onwards; any waiver or discount is based on the corporate’s agreement with Kotak Bank.
Fee Explanation Joining fee is currently NIL for most Kotak Corporate Credit Card variants. An annual fee of around ₹999 may apply on select paid variants. A foreign currency mark-up of about 3.5% is typically charged on international transactions. Overlimit charges are usually ₹500 if spends exceed the assigned limit, and returned payment or cheque bounce charges are commonly around ₹500. Cash withdrawal is generally not permitted on corporate variants, so cash advance fees and ATM withdrawal charges are not applicable. Exact fees and slabs are governed by Kotak’s latest schedule of charges and the corporate’s specific program with the bank.
Detailed Explanation of Kotak Corporate Credit Card Fees
Joining Fee: ₹0 (one-time)
Most Kotak Corporate Credit Card variants are issued with NIL joining fee; the exact fee is defined in the corporate agreement.
Annual Fee: ₹999 (yearly)
Annual fee is typically applicable on paid variants; some corporate programs may have NIL annual fee based on overall relationship and spends.
Foreign Currency Mark-up: 3.5% (per international transaction)
Applied on the INR value of international transactions as per the latest schedule of charges.
Overlimit Charge: ₹500 (per billing cycle)
Charged when consolidated outstanding exceeds the assigned limit for the corporate account.
Returned Payment / Cheque Bounce Fee: ₹500 (per instance)
Applicable when a payment made towards the corporate card account is returned or dishonoured.
Late Payment Fee: up to ₹700 (per billing cycle)
Late payment charges are levied if the billed amount is not paid by the due date, as per slab defined in Kotak’s MITC for corporate cards.
Lounge Access Benefits with Kotak Corporate Credit Card
domestic Lounges
silverVisits per year: 8
Guest access: No
Complimentary domestic airport lounge access for the primary cardholder, typically 2 visits per calendar quarter at participating Visa lounges; usage and list of lounges as per current Visa and Kotak programme.
Insurance Coverage with Kotak Corporate Credit Card
Lost Card Liability Protection
As per Kotak’s corporate card policyProtects the corporate against unauthorised transactions post reporting the card as lost or stolen, subject to the bank’s terms and timely reporting.
Additional Features of Kotak Corporate Credit Card
Consolidated Company Billing
Single consolidated payment for all employee corporate cards under the company.
Employer is responsible for paying the total outstanding; no individual payments by employees.
Expense Management and Reporting
Vendor-wise and employee-wise tracking of spends with detailed statements and analytics.
Reports and file formats can be customised as per agreement with Kotak.
Decide Your Own Limits
Corporates can set different credit limits for each employee card based on role and travel needs.
Overall company limit is sanctioned by Kotak; internal allocation is managed by the corporate.
Interest-Free Credit Period
Up to 48 days of interest-free credit on eligible purchases.
Interest-free period is subject to the statement cycle and full payment by the due date.
Email Statements
Monthly statements are sent by email with clear breakup of employee and vendor spends.
Format and delivery mode can be configured based on corporate preference.
Welcome Bonus with Kotak Corporate Credit Card
Welcome Bonus: No welcome bonus currently offered on this card.
Bonus Conditions: Currently, Kotak Corporate Credit Card variants do not advertise a specific welcome bonus; benefits focus on ongoing rewards, lounge access, fuel surcharge and expense management features as per corporate agreement.
Application Process for Kotak Corporate Credit Card
Processing Time
10–15 working days after submission of complete documentation
Online Application
Available
Instant Approval
Not Available
Step-by-Step Process
Corporate expresses interest through Kotak’s corporate credit card page, relationship manager or business banking channel.
Kotak reviews the company profile, financials and requirements, and proposes a suitable corporate card programme.
Company submits required KYC, financial documents and board resolutions or authorisation letters.
Eligible employees are nominated for cards and individual limits are defined by the company within the sanctioned overall limit.
Kotak processes the application, performs internal credit checks and issues cards to approved employees, which are then dispatched to the registered office or employee addresses.
Cards are activated as per the bank’s process, and the company starts receiving consolidated statements and MIS reports.
Required Documents for Kotak Corporate Credit Card
Company Documents
corporateAccepted documents:
Authorised Signatory Documents
corporateAccepted documents:
Employee KYC
all cardholdersAccepted documents:
Financial Statements
corporateAccepted documents:
Kotak Corporate Credit Card Merchant Acceptance Network
Domestic Acceptance
Widely accepted at merchant establishments and online payment gateways across India that support Visa credit cards, including travel, hospitality, fuel, telecom and vendor payments.
International Acceptance
International corporate credit card with acceptance at millions of Visa merchants and ATMs across the globe for eligible corporate spends.
Online Acceptance
Yes
Payment Technologies
Mobile Wallet Support:
Excluded Merchants
Eligibility Criteria for Kotak Corporate Credit Card
Quick Eligibility Check
Minimum Age
21+
Credit Score
0+
Citizenship
Indian residents only
Income Requirements
Salaried Applicants
₹0
Minimum annual income
Self-Employed Applicants
₹0
Minimum annual income
Who Can Apply
Important Conditions
- Issued only to employees of approved corporates and business entities maintaining a banking relationship with Kotak Mahindra Bank. Eligibility, limits and documentation are assessed at the company level rather than individual income. Standard KYC with PAN and Aadhaar, corporate documents, and internal credit norms of Kotak apply.
How Approval Is Decided
- Company must meet Kotak’s internal credit and risk policies for corporate cards.
- Satisfactory financial performance and banking relationship with Kotak, or willingness to establish one.
- Completion of all KYC and documentation requirements for the company, authorised signatories and employees.
- Compliance with RBI and regulatory guidelines applicable to corporate credit cards.
Pros of Kotak Corporate Credit Card
- Strong corporate-focused features such as consolidated billing, expense tracking and flexible employee limits.
- Fuel and railway surcharge waivers that help reduce regular business travel costs.
- Complimentary domestic airport lounge access on eligible Visa variants for frequent travellers.
- Interest-free credit period of up to 48 days, supporting company cash flow.
- Reward points on business spends, redeemable for cash rebates or statement credits as per corporate programme.
Cons of Kotak Corporate Credit Card
- Card is available only through eligible corporates; not open for individual retail applications.
- Reward structure and benefits are programme-based and may vary across companies, making it less transparent than standard retail cards.
- Foreign currency mark-up of around 3.5% can add to the cost of international transactions.
- Cash withdrawal facility is generally not available on corporate variants.
- Annual fee terms and limits may change based on the corporate’s negotiated agreement with Kotak.
Frequently Asked Questions about Kotak Corporate Credit Card
Who can apply for the Kotak Corporate Credit Card?
Kotak Corporate Credit Card is issued to employees of eligible companies and business entities that have a corporate programme with Kotak Mahindra Bank. Individuals cannot apply directly; the card is routed through the organisation’s finance or HR team.
Is there a joining or annual fee on the Kotak Corporate Credit Card?
Most Kotak Corporate Credit Card variants come with NIL joining fee. Selected paid variants may have an annual fee of around ₹999 or as agreed with the corporate, and some programmes may be completely fee-free based on overall relationship and spends.
Does the Kotak Corporate Credit Card offer airport lounge access?
Yes, eligible Visa variants of the Kotak Corporate Credit Card typically provide complimentary domestic airport lounge access, often up to 2 visits per quarter for the primary cardholder at participating lounges under the Visa airport lounge programme.
Is cash withdrawal allowed on the Kotak Corporate Credit Card?
In general, cash withdrawal functionality is not enabled on most Kotak Corporate Credit Card variants. The card is intended strictly for business-related purchases and payments, improving control over company spends.
What fuel surcharge and railway surcharge benefits are available?
On eligible variants, you usually get a 2.5% fuel surcharge waiver on transactions between about ₹500 and ₹3,000, with an annual cap, plus a railway surcharge waiver on IRCTC and railway counter bookings up to a predefined yearly limit.
How are payments and billing handled for the Kotak Corporate Credit Card?
Billing is consolidated at the company level. The bank raises a single statement covering all employee cards, and the employer is responsible for making payment by the due date. Employees typically do not make direct payments to the bank.
How can a company apply for the Kotak Corporate Credit Card?
Businesses can express interest through the Kotak Corporate Platinum or Corporate Credit Card page, contact their Kotak relationship manager, or connect via the bank’s corporate sales team. After documentation and credit evaluation, cards are issued to approved employees.
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