Kotak Fortune Gold Credit Card
Kotak Mahindra Bank
Last updated: Nov 17, 2025
₹0
₹0
3.5%
No lounge access
Contents
Kotak Fortune Gold Credit Card is a lifetime free business credit card from Kotak Mahindra Bank, built for enterprising businessmen who need higher cash limits and flexible liquidity. It offers interest-free cash withdrawals for up to 48 days, making it useful for short-term working capital needs. Cardholders also enjoy a 1% fuel surcharge waiver and milestone benefits in the form of free PVR movie tickets or cashback. Although the product is now discontinued for new sourcing, it continues to serve existing customers with its cash-focused benefits and fee waivers.
Features of Kotak Fortune Gold Credit Card which makes it unique
Higher Cash Limit for Business Needs
Access up to 50% of your credit limit as cash to manage short-term business working capital.
Gives businessmen more flexibility to handle urgent cash requirements without taking a separate loan.
Higher cash limit than many standard gold credit cards.
Interest-Free Cash Period
Enjoy interest-free cash withdrawals for up to 48 days when full dues are paid on time.
Effectively reduces the cost of cash withdrawals if used for short-term funding and repaid within the grace period.
Most cards charge finance charges on cash from the transaction date without such a long interest-free window.
Lifetime Free Primary Card
No joining or annual fee is charged on the primary Fortune Gold Credit Card.
Long-term cost of card ownership stays low even if you do not hit any spend-based milestones.
Many business cards charge annual fees that can increase the total cost of credit.
Rewards Structure of Kotak Fortune Gold Credit Card
Milestone Benefit
baseAnnual retail spends of ₹1,50,000 in a card anniversary year
Cardholder can choose between four free PVR movie tickets or ₹750 cashback; benefit must be claimed within 3 months from the end of the program period.
Fuel Surcharge Waiver
baseFuel purchases between ₹500 and ₹3,000 per transaction
Effective savings work like cashback on eligible fuel transactions, over and above the card being lifetime free.
Interest-Free Cash Withdrawal
baseCash withdrawals within the interest-free period and within 50% of the credit limit
Standard cash advance fee of ₹199 per ₹10,000 or part thereof applies; no finance charges if dues are cleared within the interest-free period.
Milestones of Kotak Fortune Gold Credit Card
Annual Milestone Benefit
₹1,50,000 : Choice of 4 free PVR movie tickets or ₹750 cashback
Fees & Charges of Kotak Fortune Gold Credit Card
| Fee & Amount | Fee Value |
|---|---|
| Joining Fee | 0 |
| Annual Fee | 0 |
| Forex Markup Fee | 3.5% |
| Cash Advance Fee | 1.99% |
| Late Payment Fee | ₹700 |
| Over Limit Fee | ₹500 |
| Returned Payment Fee | ₹500 |
| Cash Withdrawal Fee | 2% |
Renewal Conditions:Lifetime free primary card with no annual or renewal fee.
Fee Explanation Fees and charges follow the official Kotak Fortune Gold Credit Card schedule; GST is applicable on all interest and fees.
Insurance Coverage with Kotak Fortune Gold Credit Card
Credit Shield (Fortune Shield)
Coverage for outstanding card dues as per Fortune Shield termsProtects against liabilities on the card in specific events such as accidental death or permanent disability, as per Kotak Fortune Shield insurance policy.
Additional Features of Kotak Fortune Gold Credit Card
Easy Cash Access
Withdraw cash from Kotak and other Visa ATMs, request demand drafts and transfer funds using your card.
Cash limit up to 50% of your assigned credit limit.
Balance Transfer
Transfer outstanding balances from other bank credit cards to your Kotak Fortune Gold Credit Card.
Processing fee of ₹349 per ₹10,000 or part thereof; interest charges apply as per BT offer.
Add-on Cards
Provide family members with add-on cards linked to the same account.
₹299 fee per add-on card; primary cardholder can set spend limits and track usage separately.
Welcome Bonus with Kotak Fortune Gold Credit Card
Welcome Bonus: Lifetime free card
Bonus Conditions: No separate welcome offer; benefits are available to eligible existing Kotak Fortune Gold Credit Card holders only.
Application Process for Kotak Fortune Gold Credit Card
Processing Time
Card setup for eligible customers is typically completed within 7–10 working days.
Online Application
Not Available
Instant Approval
Not Available
Step-by-Step Process
Visit the official Kotak Mahindra Bank credit card section and search for business credit card options.
Check updated communication from Kotak to confirm that Fortune Gold Card is not open for new sourcing and review suggested alternative cards.
For existing Fortune Gold customers, use Kotak Net Banking, mobile banking or branch channels to manage the card, request add-on cards or access related services.
Complete any required KYC updates or documentation if requested by the bank to continue enjoying card benefits.
Required Documents for Kotak Fortune Gold Credit Card
ID Proof
allAccepted documents:
Address Proof
allAccepted documents:
Income Proof
self-employed / businessmenAccepted documents:
Business Proof
self-employed / businessmenAccepted documents:
Kotak Fortune Gold Credit Card Merchant Acceptance Network
Domestic Acceptance
Widely accepted at Visa-enabled POS terminals and online merchants across India.
International Acceptance
Valid internationally at merchants and ATMs that accept Visa cards, subject to a 3.5% foreign currency mark-up.
Online Acceptance
Can be used for online payments on Indian and international websites that support Visa.
Payment Technologies
Mobile Wallet Support:
Excluded Merchants
Eligibility Criteria for Kotak Fortune Gold Credit Card
Quick Eligibility Check
Minimum Age
21+
Credit Score
700+
Citizenship
Indian resident only
Income Requirements
Salaried Applicants
₹25,000
Minimum annual income
Self-Employed Applicants
₹25,000
Minimum annual income
Who Can Apply
Important Conditions
- Designed primarily for businessmen; minimum annual income of ₹3,00,000; applicant should reside in select cities such as Mumbai, Delhi NCR, Bengaluru, Chennai, Hyderabad, Kolkata, Ahmedabad, Pune, Chandigarh and Navi Mumbai.
How Approval Is Decided
- Primary cardholder should be between 21 and 65 years of age.
- Applicant should be a resident of India and located in eligible cities such as Mumbai, Delhi NCR, Bengaluru, Chennai, Hyderabad, Kolkata, Ahmedabad, Pune, Chandigarh or Navi Mumbai.
- Minimum annual income of ₹3,00,000 and stable business profile as assessed by Kotak.
- Clean credit history and a healthy credit score, typically 700 or above, with no major recent defaults.
Pros of Kotak Fortune Gold Credit Card
- Lifetime free card for the primary holder, reducing long-term costs.
- Higher cash limit and interest-free period useful for business cash-flow gaps.
- Fuel surcharge waiver that directly reduces fuel costs.
- Simple milestone program with a choice between movie tickets and cashback.
Cons of Kotak Fortune Gold Credit Card
- Designed mainly for businessmen, so salaried users may not fit the target profile.
- No modern reward points programme on everyday spends.
- Product is discontinued for new customers; only existing cardholders can enjoy these benefits.
Frequently Asked Questions about Kotak Fortune Gold Credit Card
Is Kotak Fortune Gold Credit Card lifetime free?
Yes, the Kotak Fortune Gold Credit Card is a lifetime free card for the primary cardholder, with no joining fee and no annual fee charged as per the official fees and charges schedule.
Who is the Kotak Fortune Gold Credit Card designed for?
The card is specifically designed for enterprising businessmen who need higher cash limits, flexible short-term funding and value from fuel surcharge waivers, and who meet the minimum income and city eligibility criteria.
What is the cash limit and interest-free period on this card?
You can use up to 50% of your total credit limit as cash, and you get up to 48 days of interest-free period on both retail spends and cash withdrawals if you pay your total outstanding by the due date.
Is Kotak Fortune Gold Credit Card still available for new applications?
Kotak Mahindra Bank has discontinued sourcing new Fortune Gold Credit Cards; the product is now only available and displayed for existing cardholders, so new customers will need to choose from other Kotak credit cards.
What are the fuel surcharge waiver benefits on Kotak Fortune Gold Credit Card?
You get a 1% fuel surcharge waiver on fuel transactions between ₹500 and ₹3,000, subject to a maximum fuel surcharge waiver of ₹3,500 in a calendar year, which effectively works like cashback on fuel spends.
Does Kotak Fortune Gold Credit Card offer reward points or cashback on everyday purchases?
The primary benefits of this card come from milestone rewards, fuel surcharge waivers and interest-free cash, rather than a conventional reward points programme; the main milestone benefit is 4 free PVR tickets or ₹750 cashback on annual spends of ₹1,50,000.
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