All cards / Kotak Mahindra Bank
Kotak Purchase Credit Card
Axis-style commercial purchase card equivalent from Kotak, built for companies to centralise recurring vendor payments, utility bills, and subscriptions on one corporate-liability card. Comes with a dedicated relationship manager rather than consumer-style perks.
Annual fee
₹0
Joining fee
₹0
Reward type
cashback
Base reward rate
0.5%
Card network
Visa
Card tier
Mid
Who this card fits
Best suited to self-employed applicants who clear the standard eligibility bar whose spend is concentrated in utilities. It's a lifetime-free card with no fee to track.
Rewards & benefits
- Rewards rate: 0.5% base rate
Benefits by category
- 🧾 Utilities
1% reward rate
- 🌍 Forex / international spend
3.5% forex markup on international transactions
Eligibility
- Employment: self-employed
- Age: 21–65
Fees & charges
- Foreign currency markup: 3.5%
Benefits
- Up to 48 days interest-free period for centralised payment of admin expenses, utilities, and IT costs.
- Monthly incentives and rewards on recurring vendor/utility spends.
Pros
- + Lifetime free with no personal liability
- + Good for consolidating recurring B2B and utility payments
- + Dedicated relationship manager support
Cons
- − Not available to individual retail applicants
- − Reward rate trails consumer cashback cards