Kotak Mahindra NRI Royale Signature Credit Card Review

Kotak Mahindra NRI Royale Signature Credit Card is a special credit card specially designed for non-resident Indians to give them freedom from currency exchange, it is issued against a fixed deposit account so that you can get this card very easily. This card offers several benefits to its users like reward benefits, fuel surcharge waiver, lounge access, lost card liability coverage, etc. more information about this card is given below. 

Eligibility Criteria:

  • Resident Type: Indian. 
  • For salaried person:
    • Age: 18 to 75 yrs. 
    • Income: This card can be issued against a fixed deposit account. 
  • For self-employed person:
    • Age: 18 to 75 yrs. 
    • Income: This card can be issued against a fixed deposit account.
  • Minimum fixed deposit amount ₹1 lakh. 
  • NRE/NRO accounts are eligible for this card. 
  • The NRI Applicant should have a residential address in India. 

Required Documents:

  • Photocopy of ID Proof (any 1)
    • Aadhar card
    • Voter Card
    • Passport
    • PAN Card
  • Photocopy of Address proof (any 1) 
    • Last 6 months bank account Statement
    • Aadhar Card 
    • Driving License 
    • Passport
    • Utility bill
  • One recent passport-sized photographs
  • Proof of income statement:
    • Salaried Person (any 1)
      • Latest salary slip, (3 months) 
      • ITR
    • Self-employed person
      • Latest Income tax return. 
      • Proof of business
      • Recent audited financial report. 


  • Joining Fee: None
  • Annual Fee: ₹1,000 + GST


  • Reward benefit:

This card offers 2X reward points on every ₹ 200 spend internationally, and you will get 1 reward point on every ₹ 200 to spend in India.

You can redeem your reward points against movie tickets, flight booking, mobile recharge, and lots more.

1 reward point is equal to ₹1 

  • Lounge access:

This card offers up complimentary access to some selected domestic lounges, you will get a maximum of 2 free accesses per quarter. 

You can also enjoy comfortable sittings, newspapers, free WIFI, Meals and lots more.

  • Fuel surcharge waiver:

This card offers an annual savings of ₹35,000 on fuel surcharge, the transaction amount should be between ₹500 to ₹3,000 to avail a waiver on fuel surcharge. 

  • Lost card liability coverage:

This card comes with a lost card liability coverage of ₹2,50,000. To avail most of the benefits of the coverage you have to report the loss as soon as you notice it. 

  • Credit limit:

This card offers a credit limit of up to 80% of your term deposit amount. 

  • Freedom to pay:

With this card, you can enjoy the freedom of payment while traveling to India. You can enjoy big benefits on travel, dining, hotel booking, and your purchases. You can also avoid the hassle of currency exchange.

  • Railway surcharge waiver:

If you book your rail tickets from www.irctc.com you will get a ₹500 waiver on railway surcharge, annually. 

  • Add on card:

You can add your loved ones with your card as an add-on member, and they can also enjoy the benefits of having a credit card. The add-on member should be at least 18 years old.

  • Real-time alert:

You will be updated at all-time, Kotak Mahindra sends you an SMS to update you regarding your account from time to time.


  • Cash Withdrawal Charge: ₹300 
  • Finance Charge: 3.10% monthly. 
  • Foreign currency transaction: 3.5% against the transacted amount. 

Contact Details:

Call: 1800-266-2666

Mail: [email protected]

100xGain Ratings:


Final Opinion:

If you are a non-resident Indian, and you what a credit card to use during your India trip, then this card is best for you, it gives you freedom from currency exchange, you can also earn some serious benefits with this card like reward points. 2 free lounge access per quarter, fuel surcharge waiver, lost card liability, add on facility and lots more. 

But if you are a permanent resident of India or you are returning to India permanently then I would suggest you not go for this card, instead, you can go for ICICI Amazon Pay Card, this card is great for everyday uses, also if you want a premium credit card, then you can go for Axis Magnus Credit Card.  

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