Kotak NRI Royale Signature Credit Card
Best for nRIs wanting an INR card backed by NRE/NRO FD. 2 reward points per Rs 200 on spends outside India; 1 point per Rs 200 in India; 1 point = Re 1 (per Kotak)
Terms as of 2026-09-28 · Checked 28 September 2026Kotak NRI Royale Signature Credit Card at a glance
Who it suits: NRIs wanting an INR card backed by NRE/NRO FD
Rewards & cashback
| Details | |
|---|---|
| How you earn | 2 reward points per Rs 200 on spends outside India; 1 point per Rs 200 in India; 1 point = Re 1 (per Kotak) |
Yearly reward value at base rate
| Spend | Rewards (base rate) | Net of annual fee + GST |
|---|---|---|
| ₹1,20,000 / year | ₹600 | -₹580 |
| ₹3,00,000 / year | ₹1,500 | ₹320 |
| ₹6,00,000 / year | ₹3,000 | ₹1,820 |
| ₹12,00,000 / year | ₹6,000 | ₹4,820 |
Base rate only; accelerated categories raise the value, caps and excluded categories (rent, fuel, wallet, utilities etc. on many cards) lower it.
Travel, lounge & fuel benefits
| Benefit | Details |
|---|---|
| Airport lounge | 2 complimentary domestic lounge visits per quarter |
| Fuel surcharge | 1% waiver on Rs 500-3,000 transactions, max Rs 3,500/year |
Fees & charges
| Charge | Amount |
|---|---|
| Joining fee | Free + GST |
| Annual / renewal fee | ₹1,000 + GST |
| Fee waiver | — |
| Finance charge | Typically about 3.5%–3.75% per month on revolved balances (lower on some premium and secured cards) — see MITC |
| Cash withdrawal | Usually 2.5% (min ₹500) + interest from day one |
| Late payment | Slab-based, only if unpaid more than 3 days past due |
| GST | 18% on all fees and interest |
Is it worth it for you?
Eligibility & documents
| Criterion | Details |
|---|---|
| Income / criteria | NRIs holding NRE/NRO term deposit with Kotak |
| Age | 21-65 (add-on 18+) |
| Credit score | 750+ improves approval chances |
Similar cards
| Card | Issuer | Joining / annual fee | Reward rate | Best for |
|---|---|---|---|---|
| SBI Card Unnati | SBI Card | Free / Free | See card page | Students and new-to-credit users |
| ICICI Bank Instant Platinum Credit Card (against FD) | ICICI Bank | Free / Free | See card page | Students/first-time users building credit against an FD |
| Kotak 811 Dream Different | Kotak Mahindra Bank | Free / Free | See card page | Credit-building for new-to-credit users |
| BOI Swadhan RuPay Platinum | Bank of India | Free / Free | See card page | Secured card against term deposit |
| IDBI Bank Imperium Platinum | IDBI Bank | ₹499 / ₹499 | See card page | Secured card against FD (min Rs 20,000; limit up to 85% of FD) |
| ICICI Bank NRI Coral | ICICI Bank | ₹1,000 / ₹500 | See card page | NRIs wanting an everyday INR card |
Frequently asked questions
What is the annual fee of the Kotak NRI Royale Signature Credit Card?
Joining fee Free and annual fee ₹1,000 (plus 18% GST).
What rewards does it offer?
2 reward points per Rs 200 on spends outside India; 1 point per Rs 200 in India; 1 point = Re 1 (per Kotak)
Does it give airport lounge access?
2 complimentary domestic lounge visits per quarter
Who is eligible?
NRIs holding NRE/NRO term deposit with Kotak. A CIBIL score of 750+ improves approval chances.
Is the Kotak NRI Royale Signature Credit Card good for me?
Best for: NRIs wanting an INR card backed by NRE/NRO FD. Compare the net value after fees with how and where you actually spend — the calculator on this page helps.
Source: www.kotak.bank.in, 2026-09-28. Card benefits change frequently — confirm the latest Most Important Terms & Conditions (MITC) on Kotak Mahindra Bank’s website before applying. FinancePortal is not affiliated with the issuer.