IN
Kotak Mahindra
Kotak Royale Signature
VISA
🇮🇳 India · Kotak Mahindra

Kotak Royale Signature

Mid-tier shopping/dining card with solid fee waiver economics.

4 / 5
Joining fee
₹999
Annual fee
₹999
Top reward
4%
Min income
₹300,000

External link to Kotak Mahindra. We may earn a referral commission, at no cost to you.

5-year value calculator

How much Kotak Royale Signature actually pays you over time, net of annual fees.

50,000

Includes 40% in this card's boost category, 60% general spend.

Annual rewards13,200
Annual fee0 (waived ✓)
Welcome bonus (year 1 only)+500
Cumulative net value
+66,500
over 5 years
Year 1
13,700
+13,700/yr
Year 2
26,900
+13,200/yr
Year 3
40,100
+13,200/yr
Year 4
53,300
+13,200/yr
Year 5
66,500
+13,200/yr
Year 1 (with bonus)
13,700
Year 2+ (steady state)
13,200/yr

Estimates use the card's published rates and a 40/60 boost-vs-general split. Real returns vary with how tightly your spend matches each card's boost categories.

Reward rates

What you earn back, by category.

shopping
4%
📈
Everything else
1%
📈
🎁
Welcome bonus

2,000 reward points worth ₹500 + Pizza Hut voucher

What you get

  • 4 reward points per ₹150 on shopping + dining
  • 1 reward point per ₹150 on other spends
  • 2 complimentary domestic lounge visits per quarter
  • Buy-1-get-1 movie ticket at PVR (Tuesdays)
  • 1% fuel surcharge waiver

Eligibility

These are guidelines, not hard cutoffs. Banks frequently approve below the listed income if your credit is healthy.

Min annual income
₹300,000
Min credit score
740+
Self-employed
Eligible