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For Kotak Bank Customers
For Kotak811 Customers
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If you pay the minimum amount due (or make a part pyment of your bill) for the current bill, then in your next Credit Card bill you will not be charged late payment fee if you make your payment before the due date.
However, Interest will be charged on all unpaid transactions till the date the part payment is received by us and then on the balance amount till the next statement date.
Interest is also levied on all fees, charges and GST.
In case of part payment received towards the previous outstanding, interest will be applicable even on the fresh transactions incurred on the card account.
Interest rate will vary depending on the type of credit you hold with us. Click here and select your card to check the interest rate applicable.
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