Who can apply for the Kotak 811 #DreamDifferent Credit Card?
Any resident Indian above 18 with a PAN and Aadhaar who opens an 811 savings account with Kotak and places a fixed deposit in it. The bank’s published information sets no income, employment or credit score requirement, because the deposit secures the card.
Issuance still depends on the bank’s checks: KYC must be complete and the account must have no regulatory restriction. Existing Kotak customers can create the FD and apply directly in the app or through net banking.
Required documents
✔️ PAN card and an Aadhaar-linked mobile number (for the 811 account and video KYC)
✔️ Funds for the fixed deposit, at least the minimum set by the bank, transferred to the 811 account by UPI or net banking
✔️ A phone with a camera and a good connection for video KYC, plus a blank sheet of paper and a pen for the signature
✔️ No income proof and no credit report needed
What are the fees and charges?
The bank describes the card as lifetime free: joining and annual fee ₹0. Finance charges on any unpaid balance are about 3.5% per month (42% a year) as published, applicable only when the total amount due is not paid by the due date. Cash withdrawals carry a per-transaction fee plus interest from day one, late payments a slab-based fee, and foreign transactions a mark-up. Breaking the FD before maturity follows the bank’s FD rules. GST applies to all fees; check the current schedule on the bank’s website.
A word of advice for you!
Keep the FD as small as the limit you actually need. To build a credit history, a regular ₹5,000 to ₹10,000 of monthly spending paid in full is enough; a large limit is not.
Put the full bill on auto-debit. A default on a secured card hurts twice: your score falls and you may lose the deposit.
After twelve months of clean history, check your free credit report; once the score is above 700, apply for an unsecured card and only then close this one and release the FD.
How to apply for the Kotak 811 #DreamDifferent Credit Card?
Download the Kotak app and open an 811 savings account (PAN, Aadhaar OTP and video KYC). Fund the account, create the FD and select the #DreamDifferent card in the credit card section; if eligible, the virtual card is issued immediately and the physical card is sent by post. Existing customers can also apply through net banking.
PAN and Aadhaar at hand? Use the button below to go to Kotak’s official website.
Kredua is neither a bank nor a financial institution, and it does not lend money or issue cards. We analyse products offered in India so that you can decide with more information; every application is made directly with the institution, which alone evaluates and approves it.
