Kotak Silk Inspire Credit Card Review 2024: Benefits, Fees & Charges, Eligibility, How to apply

Kotak Silk Inspire Credit Card Review 2023:

Women do not like discrimination. Feminist propaganda is being seen everywhere. Keeping this trend in mind, Kotak Mahindra Bank has come out with a card especially for women. A card that gives you tons of cashback on apparel purchases. By the way, this card is only for the person who wants to earn cashback by shopping for clothes, irrespective of the category.This card is created for you, for your needs with a beautiful, unique and stylish look.

Kotak Silk Inspire Credit Card Review

Let’s know what is special in this card and for whom? A beautiful credit card for every special lady.

Kotak Silk Inspire Credit Card:

Bank nameKotak Mahindra Bank
Full nameKotak Silk inspire credit card
Special forWomen and clothes

Benefits of silk inspire credit card:-

Enjoy special benefits with silk inspire credit card.

Kotak Silk Inspire Credit Card Review
  • Avail attractive discounts on a wide range of expenses like Dining, Travelling, Shopping and Entertainment.
  •  Get 5X Rewards Points on every Rs.100 spent on apparel purchases.
  • Get 1 Rewards Point on any purchase above Rs.200.
  • Fuel surcharge waived:- Get a 2.5% instant discount on using your Silk Inspire Credit Card at petrol pumps across India.
  • Insurance shield :- The bank gives you insurance of up to 75,000 in case of theft of the card, due to fraud.
  • Entertainment offer:- You get 8 movie tickets of the year so that you or your loved ones can enjoy it.
Benefits and privilegesDetails
Welcome offerNo
Entertainment offer8 tickets per year
Fuel surcharge2.5% waiver
Free lounge accessNo

Fees and charges of Kotak Silk Inspire Credit Card:-

Joining Fees599
Annual fees599
Dulipate card100
Interest charges35%
Foreign currency markupUpto 35%

Eligibility for Kotak Silk Inspire Credit Card:-

By the way, this card is specially for women and students who buy clothes from time to time. The bank wants to see your eligibility which is something like this.

  • If you are a resident of India.
  • Your age should be from 17 years to 75 years.
  • You live in Chennai, Mumbai, Navi Mumbai, Kolkata, Pune, Delhi Chandigarh, Bangalore Hyderabad and Ahmedabad in India.
  • If you have a deposit of up to 50,000.

Documentation for Kotak Silk Inspire Credit Card:-

I.Documents accepted as proof of identity:-

  • Aadhar card,
  • passport ,
  • PAN card,
  • voter ID card and others(Government document which has your photo)

II. Residence certificate:-

  • Driving Licence,
  • Electricity  Bill and
  • Water Bill

III. Income certificate Eligibility:-

  •  Employment status of 3 months,
  • Pay Slip,
  • Bank Details, and
  • Form 16 and income tax return statement.

How to apply for silk inspire credit card?:-

Silk Inspire Credit Card is a credit card launched by Kotak Mahindra,which we can easily find on its website. If you want to apply for this credit card, then apply by visiting its official website. It is very easy to apply.For more information click on the link given below.

Step 1 :- Login to www.kotak.com

Step 2:-Click on  “Net Banking”.

Step 3:- Enter CRN in User ID

Step 4:- Click on “Get Net Banking Password Online”.

Step 5:- Click on the Credit Card Tab.

Step 6:- Click on Service Requests.

Step 7:- Choose “Register for eStatement”.

Disadvantages of silk inspire credit card:-

By the way, this card gives many benefits. But there are two sides of the coin, if there is something good then there must be bad too and so far we have got only selective bad in this card.

Kotak Silk Inspire Credit Card Review
  • This card does not give us free lounge access at the airport.
  • Like other cards, we do not get any other welcome offer while taking this card.
  • No golf privileges are being given..

Comparison of silk inspire credit card with other Kotak credit card:-

After knowing so much, a question arises in our mind: “why should we choose this card?”

Does Kotak Mahindra give us other cards with similar benefits? We will know the answers to all these questions here by comparing Kotak Mahindra’s Silk Inspire Credit Card and other credit cards of Kotak Mahindra Bank.

Credit cardJoining feesAnnual feesWelcome offerInsurance offer
Silk inspire credit card599599NoYes
811 credit card500500500 bonus  reward pointCover upto 50,000
Urbane gold credit card0199NoUrbane sheild
Veer Platinum credit card0299500 reward points in the first 30 days.Cover upto 1,25,000
Infinite credit card00800 reward pointsNo
League Platinum credit card499499500 rupees voucherCover upto 1,25,000
Mojo platinum Credit card10001000YesNo

FAQ about Silk Inspire Credit Card:-

1.What is this silk card generally suitable for?

-This card is specially for those people who shop, especially for clothes.Use this card to save while you shop.If you want cash back at the end of day-to-day spends, then this card is for you.

2.Which class does this card attract?

-This card offers special benefits to its women customers.

3.Can this card give us the benefits of golf?

-No, we have not seen any such benefits.

4.Where do we contact for problems related to this card?

-If you want to contact a credit card or any related problem, you can call its toll free number anytime. Kotak Mahindra Bank’s most talented and always ready service team is here to help you. Contact on the number given below.

Toll free no- 1800 102 6022

5. Can free movie tickets expire, if so what is the time limit?

-Yes, it can expire within 3 months.

In today’s era, hundreds of credit cards come in the market every day and claim to fulfil the needs of the customer, now it is to see which card suits you. So it is a matter of work that if you are fond of shopping and like to buy clothes, then come and take advantage of Kotak Mahindra’s excellent credit card once.