Is there a joining or annual fee for the Kotak Metro Credit Card?

No. The Metro variant is offered as a lifetime-free card with no joining or annual fee for eligible applicants.

What is the welcome benefit?

Flat ₹500 cashback after spending ₹10,000 within the first 30 days of card issuance (subject to terms).

How does the cashback scheme work?

Cashback is tiered by monthly aggregated spending — lower slabs earn ~0.25% and very high slabs can earn up to 1% (capped per cycle).

Is the card contactless?

Yes — it supports RuPay contactless payments for quick tap-and-go transactions within the prescribed limit.

Can I use this card internationally?

This is a RuPay card primarily for domestic use. International acceptance and forex benefits are limited; check Kotak’s terms for specific variants.

Credit Cards/Kotak Mahindra Bank/Kotak Metro Credit Card

Kotak Metro Credit Card

Kotak Mahindra Bank

Last updated: Feb 03, 2026

wholesale grocery restaurants hotels e-commerce

Annual Fee

₹0

Joining Fee

₹0

Forex Fee

Free

Lounge Access

No lounge access

A lifetime-free RuPay contactless card issued by Kotak Mahindra Bank for Metro/merchant users and small businesses. It offers tiered cashback on monthly spends, a modest welcome benefit, and contactless convenience — ideal for regular retail and wholesale purchases.

Features of Kotak Metro Credit Card which makes it unique

Tiered Cashback Model

Cashback rates increase with higher monthly spends

Better returns for high-volume business/merchant spends

More attractive for wholesale/merchant users than standard single-rate cards

Rewards Structure of Kotak Metro Credit Card

Base Cashback

base

Monthly aggregated spends

Reward Rate:0.25%–1% cashback depending on monthly spend slab

Monthly Cap:Max ₹10,000 cashback per statement cycle

Tiered cashback increases with higher monthly spends (slabs detailed below).

Milestones of Kotak Metro Credit Card

Monthly Cashback Tiers

Varies by slab : Higher cashback percentage for higher monthly spend slabs

Fees & Charges of Kotak Metro Credit Card

Fee & Amount	Fee Value
Joining Fee	0
Annual Fee	0
Forex Markup Fee	0
Cash Advance Fee	0
Late Payment Fee	0%
Over Limit Fee	₹500
Returned Payment Fee	₹350
Cash Withdrawal Fee	0%

Renewal Conditions:No renewal fee. Card is offered as a lifetime-free variant for eligible customers.

Fee Explanation Standard Kotak Mahindra Bank credit-card charges apply; refer to the card fee schedule for complete details. | Late payment fee details: ₹100 (≤₹500) / ₹500 (₹500.01–₹10,000) / ₹700 (>₹10,000)

Detailed Explanation of Kotak Metro Credit Card Fees

Joining Fee: 0 (one-time)

Lifetime free variant; subject to offer terms

Annual Fee: 0 (yearly)

Lifetime-free card; check variant-specific terms

Late Payment Fee: Varies (per event)

₹100 (≤₹500); ₹500 (₹500.01–₹10,000); ₹700 (>₹10,000)

Cash Advance Fee: 2.5% (transaction)

Minimum ₹300 per withdrawal

Additional Features of Kotak Metro Credit Card

RuPay Contactless

Tap-to-pay up to prescribed contactless limit without PIN

As per RuPay and bank limits

Add-on Cards

Add-on cards available (subject to bank policy)

Additional documentation may be required

Welcome Bonus with Kotak Metro Credit Card

Welcome Bonus: ₹500 cashback
Bonus Conditions: Welcome cashback subject to card activation and spending ₹10,000 within 30 days of issuance; only for new cardholders. See bank T&Cs.

Application Process for Kotak Metro Credit Card

Processing Time

7 business days

Online Application

Available

Instant Approval

Not Available

Step-by-Step Process

Apply online via Kotak Bank or partner portal

Submit KYC and business documentation (if required)

Undergo verification and credit assessment

Card dispatched within 7 business days after approval

Required Documents for Kotak Metro Credit Card

ID Proof

all

Accepted documents:

PAN Aadhaar Passport

Address Proof

all

Accepted documents:

Passport Utility Bill

Income Proof

business / merchant applicants

Accepted documents:

Business registration GST filings bank statements