Business Expenses
Joining Fee₹0
Renewal Fee₹500
NetworkVisa
Best for: Government undertakings, public sector employees, and corporate expense tracking
Rewards: N/A
Last verified 3 Oct 2026
4.0/5 Editorial Score
Kotak Corporate Platinum Credit Card
Streamlined Corporate Expense Control & Commercial Travel Rewards
Best Suited For
Enterprise employee travel, client entertainment, and procurement
Joining Fee
Free
One-time upfrontAnnual Fee
Free
Lifetime Free — no renewal feeBase Rewards
2 RP per Rs 100 on travel & entertainment, 1 RP on other commercial spends
On eligible spendsAirport Lounge
8 Domestic visits/year
Complimentary visitsLast verified 3 Oct 2026
Why Consider This Card?
Objective editorial assessment, ideal spender profile, and primary trade-offs
Editorial Verdict
4.0/5 Editorial Score
The Kotak Corporate Platinum Credit Card is an enterprise commercial payment tool engineered for organizations seeking granular fiscal oversight over employee business outlays and official travel. Its core strength lies in institutional controls: finance administrators can configure dynamic spending limits across merchant categories, restrict cash advances, and generate automated GST tax-compliance data directly through Kotak's corporate card portal. Cardholders earn 2 Kotak reward points per ₹100 spent on commercial airlines, hotels, and dining, alongside 2 complimentary domestic airport lounge visits per calendar quarter (8 annually). Weaknesses include joint or corporate liability risk, strict underwriting requiring institutional balance sheets, and standard 3.50% foreign exchange markup on international itineraries. For medium-to-large businesses seeking to replace petty cash vouchers with automated, auditable digital corporate cards, it provides enterprise-grade efficiency.
Ideal For:Enterprise employee travel, client entertainment, and procurement
Card Strengths
- 8 Domestic Lounge Visits: Enjoy 2 complimentary domestic airport lounge visits per calendar quarter across India.
- Automated GST Invoicing: Centralized MIS and electronic invoicing for seamless input tax credit claims.
- 2X Travel & Dining Rewards: Earn double reward points on official airline bookings, corporate hotels, and dining.
- Granular Spend Controls: Set customized daily, transaction, and merchant-category spend caps per employee card.
- Contractual Zero Annual Fee: Nil recurring card maintenance fees under standard institutional corporate tie-ups.
Things to Keep in Mind
- Corporate Institutional Tie-Up: Applications require formal corporate onboarding and corporate legal documentation.
- No International Lounges: Complimentary lounge privileges do not extend to international airport terminals.
- Standard 3.50% Forex Markup: Overseas travel and cross-border currency spends incur standard foreign exchange fees.
- Corporate Billing Cycles: Billing dates and payment cycles are dictated by the master corporate master agreement.
Additional Cardholder Privileges
Lounge
Domestic Airport Lounge Access
2 complimentary domestic airport lounge visits per calendar quarter under Set B participating lounges.
Rewards & Cashback Structure
Base earning rates, partner merchant acceleration, redemption options, and exclusions
- Reward Program Name
- Kotak Corporate Platinum Rewards
- Reward Currency
- Reward Points
- Base Earn Rate
- 2 RP per Rs 100 on travel & entertainment, 1 RP on other commercial spends
- Point Value (INR)
- ₹0.2000 per point
- Redemption Channels
- Redeem for corporate travel or vouchers per corporate mandate.
- Reward Point Expiry
- Points valid for 24 months.
Category Accelerated Earn RatesPublished Terms
| Spend Category | Earn Rate | Reward Cap | Conditions |
|---|---|---|---|
| Corporate Travel & Entertainment | 2 Reward Points per Rs 100 spent on corporate travel and entertainment | No Cap | Standard terms apply |
| All Other Commercial Spends | 1 Reward Point per Rs 100 spent on other commercial retail transactions | No Cap | Standard terms apply |
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Estimate Your Custom Monthly Rewards
Calculate estimated net cashback and points across your actual spending pattern.
Reward Exclusions: Fuel transactions, wallet loading, cash withdrawals, rent payments, educational payments, and government services are generally excluded from base and accelerated reward point accrual across all Indian card issuers.
Reward Calculator
Estimate Your Annual Rewards
Estimate your rewards using the card's current reward rates, monthly caps and applicable fee-waiver rules.
Verified Rates & Caps
Quick Select:
Total Monthly Spend:₹30,000 / month
₹5,000 / mo₹1 lakh / mo₹2 lakh / mo
Category Spend Allocation
Customize monthly spend in each category. Category amounts sum directly to your monthly spend.
Corporate Travel & Entertainment0.40%
No published cap
₹
All Other Commercial Spends0.20%
No published cap
₹
Excluded / Non-Reward Spends0%
Fuel, rent, wallet, govt, cash
₹
| Category / Reward Bucket | Monthly Spend | Rate | Effective Rate | Cap Period | Eligible Reward | Cap Status |
|---|---|---|---|---|---|---|
| Corporate Travel & Entertainment | ₹12,000 | 2 Reward Points per Rs 100 spent on corporate travel and entertainment | — | None | Calculating... | Under cap |
| All Other Commercial Spends | ₹18,000 | 1 Reward Point per Rs 100 spent on other commercial retail transactions | — | None | Calculating... | Under cap |
| Total Monthly Cashback | ₹30,000 | - | — | - | ₹0 / mo | Zero cap loss |
Annual Spends
₹3.6 lakh
12 billing cyclesAnnual Capped Rewards
₹0
0% blended returnEffective Fee
₹0
Standard renewalNet Annual Value
+₹0 / yr
Rewards - Fee*Calculation based on verified card reward rates, applicable monthly caps, and fee-waiver thresholds (fee waived).
Multi-card comparatorAirport Lounge Access
Domestic and international lounge privileges, spend hurdles, and participating terminals
Domestic Lounge Access
Airports within India- Complimentary Visits
- 8 complimentary visits per year
- Spend Requirement
- No spend requirement
2 complimentary domestic lounge visits per calendar quarter (8/year) across India.
International Lounge Access
Global airports outside India- Complimentary Visits
- Not available
- Spend Requirement
- Unavailable
- Access Type
- International Lounge Program
Planning an upcoming departure?
Verify this card against live departure gates and specific terminal lounges across India.
Terminal 4, Terminal 1
Participating Lounges
Terminal 2, Terminal 1C
Participating Lounges
Terminal 1, Terminal 3, Terminal 2
Participating Lounges
Terminal 1
Participating Lounges
T2
Participating Lounges
Terminal 1
Participating Lounges
Where can I use this card for airport lounge access?
This card includes complimentary admission across verified Indian airport terminals. Check individual terminal lounges and spend criteria before you travel.
Domestic Allowance8 Domestic visits/year
Airport Coverage40+ Major Indian Airports
Lounge DirectoryView All Lounge Coverage
Representative Major Airport Lounges:
Fees & Charges
Complete breakdown of joining, renewal, forex, financing APR, and transaction charges
1. Card Membership Fees
- Joining Fee (1st Year)
- Free
- Annual / Renewal Fee (2nd Year Onwards)
- Free
- Annual Spend Fee Waiver
- Lifetime Free — no renewal fee
- Fee Terms Notes
- Corporate institutional agreement: Rs 0 joining fee, Rs 0 annual renewal fee.
2. International Spends
- Foreign Currency Markup (Forex)
- 3.50% + GST
- Dynamic Currency Conversion (DCC)
- Standard 1% mark-up on cross-currency INR transactions where applicable
3. Borrowing & Financing
- Monthly Interest Rate (Finance Charges)
- 3.00% per month
- Annualized Interest Rate (APR)
- 36.00% p.a.
- Cash Advance / ATM Withdrawal Fee
- Refer to official schedule of charges
- Interest-Free Period
- Up to 50 Days
4. Other Charges & Taxes
- Late Payment Charges
- Refer to official schedule of charges
Regulatory Tax Notice: Goods and Services Tax (GST) of 18% is applicable on all card fees, interest charges, and milestone fees as mandated by the Government of India.
Verified Terms & Exclusions Summary
Key Terms & Conditions for Kotak Corporate Platinum Credit Card: • Corporate Agreement & Fees: ₹0 joining and annual charges subject to commercial master service agreements and billing terms with Kotak Mahindra Bank. • Liability Architecture: Issued under Corporate Liability, Joint & Several Liability, or Individual Liability as contracted during enterprise onboarding. • Travel & Airport Lounge Access: 2 complimentary domestic airport lounge visits per calendar quarter (8 annually) at participating Indian terminals. • Reward Accrual: Earn 2 reward points per ₹100 spent on airlines, hotels, travel aggregators, and corporate dining; 1 point per ₹100 on general business procurement. • Fuel Surcharge Relief: 1% fuel surcharge waiver for transactions between ₹500 and ₹3,000 across domestic petrol pumps. • Finance Charges: Standard corporate commercial finance rate of 3.00% per month (36.0% annualized) on revolving balances.
Is the Annual Fee Worth It?
Evaluate whether this card's perks and waiver threshold justify its Free renewal fee.
Eligibility & Application Requirements
Income criteria, minimum age, CIBIL score benchmark, and verification checklist
- Age Requirement
- 21 – 65 years
- Employment Status
- Corporate Employee
- Recommended Credit Score (CIBIL)
- Not specified
- Residency
- Resident Indian
- Special Eligibility Notes
- Issued to employees of corporate entities with an active corporate card agreement.
Mandatory Verification Documents
1. Identity ProofPAN Card (Mandatory), Aadhaar Card, Passport, or Voter ID.
2. Address ProofAadhaar (DigiLocker), Utility Bill (Electricity/Piped Gas), or Rental Agreement.
3. Income ProofLatest 3 months salary slips, Form 16, or latest 2 years ITR computation.
Frequently Asked Questions
Common questions regarding Kotak Corporate Platinum Credit Card application, fees, reward redemption, and eligibility
Who is eligible for the Kotak Corporate Platinum Credit Card?
Employees of registered corporate entities, multinational companies, and authorized business establishments that maintain an enterprise corporate card agreement with Kotak Bank are eligible.
How many airport lounge visits are included?
The card offers 2 complimentary domestic airport lounge visits per calendar quarter (up to 8 visits annually) across major Indian airports.
What is the annual fee for this corporate card?
Annual fees are typically ₹0 under negotiated commercial contracts between the corporate employer and Kotak Mahindra Bank.
Can employers set custom limits on employee cards?
Yes, corporate administrators can define category-level spend caps, daily limits, and disable international or ATM cash withdrawal features online.
What is the joining and annual renewal fee for Kotak Corporate Platinum Credit Card?
The joining fee for Kotak Corporate Platinum Credit Card is Free (one-time), and the annual renewal fee is Free from the second year onwards. GST of 18% is applicable on all fee charges.
Can the annual fee on Kotak Corporate Platinum Credit Card be waived?
Kotak Corporate Platinum Credit Card is a Lifetime Free credit card with no annual renewal fee, so no spend-based waiver is required.
What are the primary rewards and cashback earn rates on Kotak Corporate Platinum Credit Card?
Kotak Corporate Platinum Credit Card offers 2 RP per Rs 100 on travel & entertainment, 1 RP on other commercial spends. Cardholders also enjoy accelerated reward rates on partner merchants and selected digital spend categories.
Does Kotak Corporate Platinum Credit Card offer complimentary airport lounge access?
Yes, Kotak Corporate Platinum Credit Card provides 8 Domestic visits/year.
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DIRECT BANK APPLICATION
Ready to Apply for Kotak Corporate Platinum Credit Card?
Direct online application on the official Kotak Mahindra Bank portal with paperless verification.