All cards / Kotak Mahindra Bank
Kotak Silk Inspire Credit Card
Visa
Kotak Silk Inspire Credit Card
Kotak's women-only card is built to be accessible rather than aspirational: it can be issued against a fixed deposit with no income proof, which makes it a realistic starting card for homemakers and first-time earners. Rewards lean toward apparel and everyday retail rather than travel or dining.
Annual fee
₹499
Joining fee
₹0
Reward type
points
Base reward rate
1%
Card network
Visa
Card tier
Entry
Who this card fits
Best suited to applicants with a credit score of roughly 650+ whose spend is concentrated in online shopping. Its annual fee waives if you can comfortably clear the spend threshold.
Rewards & benefits
- Rewards rate: 1% base rate
Benefits by category
- 🛡️ Insurance
"Silk Inspire Shield" cover against fraudulent card usage after reporting loss.
- 🛍️ Shopping
5% reward rate (capped ₹500/monthly)
- ⛽ Fuel
1% fuel surcharge waiver on transactions between ₹500 and ₹4,000.
- 🌍 Forex / international spend
3.5% forex markup on international transactions
Eligibility
- Minimum credit score: 650
- Employment: salaried, self-employed
- Age: 18–75
Fees & charges
- Spend-based waiver: Waived on annual spend of ₹30,000
- Foreign currency markup: 3.5%
- Interest rate: 3.5% p.a.
Benefits
- Complimentary PVR movie tickets on card activation.
- 1% fuel surcharge waiver on transactions between ₹500 and ₹4,000.
- "Silk Inspire Shield" cover against fraudulent card usage after reporting loss.
- 5% cashback on retail spends up to ₹7,500 a month, capped at ₹500 back per cycle.
Pros
- + No income documents required; can be secured against a fixed deposit
- + 5x-style rewards on apparel spends
- + Low, waivable annual fee
- + Fraud-misuse cover built in
Cons
- − Rewards and lounge access are thin compared to unsecured mid-tier cards
- − Best suited to smaller credit limits since it's FD-backed