Kotak IOCL Rupay Credit Card: Save 5% on Fuel, 2% on Dining & Grocery

The Kotak IOCL Rupay Credit Card is a fuel credit card that offers users a variety of benefits, including 5% fuel savings at IndianOil petrol pumps, 2% dining and grocery rewards, and a welcome benefit of 1,500 reward points. The card also offers an annual fee waiver and fuel surcharge waiver.

This card is a great option for people who want to save money on fuel and earn rewards for their everyday spending. It is also a good option for people who frequently travel, as the card offers a number of travel benefits.

Here is a table that summarizes the key benefits of the Kotak IOCL Rupay Credit Card:

Benefit	Description
5% fuel savings at IndianOil petrol pumps	Save 5% on every rupee you spend on fuel at IndianOil petrol pumps.
2% dining and grocery rewards	Earn 2% reward points on every rupee you spend on dining and grocery purchases. These points can be redeemed for cashback, merchandise, or travel.
Welcome benefit of 1,500 reward points	Earn a welcome benefit of 1,500 reward points when you sign up for the card. These points can be redeemed for cashback, merchandise, or travel.
Annual fee waiver	The card does not have an annual fee.
Fuel surcharge waiver	You will not be charged a fuel surcharge when you use the card to purchase fuel at IndianOil petrol pumps.
Personal accident insurance	The card comes with personal accident insurance. This insurance covers you in the event of an accident, up to a maximum of INR 10 lakh.
Concierge services	The card also offers concierge services. This means that you can get help with things like travel planning, event planning, and gift delivery.

Benefits of Kotak IOCL Rupay Credit Card

The Kotak IOCL Rupay Credit Card offers a variety of benefits, including:

• 5% fuel savings at IndianOil petrol pumps. This is one of the most attractive benefits of the card. You can save 5% on every rupee you spend on fuel at IndianOil petrol pumps.
• 2% dining and grocery rewards. You will also earn 2% reward points on every rupee you spend on dining and grocery purchases. These points can be redeemed for cashback, merchandise, or travel.
• Welcome benefit of 1,500 reward points. When you sign up for the Kotak IOCL Rupay Credit Card, you will earn a welcome benefit of 1,500 reward points. These points can be redeemed for cashback, merchandise, or travel.
• Annual fee waiver. The Kotak IOCL Rupay Credit Card does not have an annual fee. This is a great benefit, as many fuel credit cards charge an annual fee.
• Fuel surcharge waiver. You will not be charged a fuel surcharge when you use your Kotak IOCL Rupay Credit Card to purchase fuel at IndianOil petrol pumps. This can save you a significant amount of money over time.
• Personal accident insurance. The Kotak IOCL Rupay Credit Card comes with personal accident insurance. This insurance covers you in the event of an accident, up to a maximum of INR 10 lakh.
• Concierge services. The Kotak IOCL Rupay Credit Card also offers concierge services. This means that you can get help with things like travel planning, event planning, and gift delivery.

Eligibility for Kotak IOCL Rupay Credit Card

To be eligible for the Kotak IOCL Rupay Credit Card, you must meet the following requirements:

• You must be a resident of India.
• You must be at least 21 years old.
• You must have a minimum annual income of INR 30,000.
• You must have a good credit history.

If you meet these requirements, you can apply for the card online or by calling the customer care number. You will need to provide your personal information, such as your name, address, and income. You will also need to provide your PAN card number and a recent photograph.

The Kotak IOCL Rupay Credit Card is a great option for people who want to save money on fuel and earn rewards for their everyday spending. If you meet the eligibility requirements, I encourage you to apply for the card today.

Application Process for Kotak IOCL Rupay Credit Card

To apply for the Kotak IOCL Rupay Credit Card, you can follow these steps:

1. Visit the Kotak Mahindra Bank website or call the customer care number.
2. Provide your personal information, such as your name, address, and income.
3. Provide your PAN card number and a recent photograph.
4. Submit your application.

The bank will review your application and let you know if you are approved. If you are approved, you will receive your card in the mail within a few weeks.

Here are some additional details about the application process:

• You can apply for the card online or by calling the customer care number.
• The application process is quick and easy.
• You will need to provide your personal information, such as your name, address, and income.
• You will also need to provide your PAN card number and a recent photograph.
• The bank will review your application and let you know if you are approved.
• If you are approved, you will receive your card in the mail within a few weeks.

Other Considerations

In addition to the benefits listed above, there are a few other things to consider before applying for the Kotak IOCL Rupay Credit Card:

• Credit limit: The card has a credit limit of up to INR 1 lakh. This means that you can only spend up to INR 1 lakh on the card before you need to pay it off.
• Processing fee: There is a processing fee of 3.5% when you apply for the card. This fee is charged by the bank and is not refundable.
• Late payment fee: If you miss a payment on the card, you will be charged a late payment fee of INR 500. This fee is charged by the bank and is not refundable.

It is important to be aware of these other considerations before applying for the card. If you are comfortable with the credit limit, processing fee, and late payment fee, then the Kotak IOCL Rupay Credit Card could be a good option for you.

Frequently Asked Questions (FAQs) About Kotak IOCL Rupay Credit Card

Conclusion

The Kotak IOCL Rupay Credit Card is a great option for people who want to save money on fuel and earn rewards for their everyday spending. The card offers a variety of benefits, including:

• 5% fuel savings at IndianOil petrol pumps. This is one of the most attractive benefits of the card. You can save 5% on every rupee you spend on fuel at IndianOil petrol pumps.
• 2% dining and grocery rewards. You will also earn 2% reward points on every rupee you spend on dining and grocery purchases. These points can be redeemed for cashback, merchandise, or travel.
• Welcome benefit of 1,500 reward points. When you sign up for the Kotak IOCL Rupay Credit Card, you will earn a welcome benefit of 1,500 reward points. These points can be redeemed for cashback, merchandise, or travel.
• Annual fee waiver. The Kotak IOCL Rupay Credit Card does not have an annual fee. This is a great benefit, as many fuel credit cards charge an annual fee.
• Fuel surcharge waiver. You will not be charged a fuel surcharge when you use your Kotak IOCL Rupay Credit Card to purchase fuel at IndianOil petrol pumps. This can save you a significant amount of money over time.

The card also offers concierge services, which means that you can get help with things like travel planning, event planning, and gift delivery.

If you are looking for a fuel credit card that offers a variety of benefits and does not have an annual fee, then the Kotak IOCL Rupay Credit Card is a great option.

Read More About:- Credit Card, Banks, Kotak Mahindra Bank