Kotak Mahindra 811 #DreamDifferent Credit Card: Go Cashless without Income Proof!

Updated on: 27 Jul 2023 // 4 min read // #mmm news
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Taking digital fulfilment of banking products and services to an all together a different dimension, Kotak Mahindra Bank has launched 811 #DreamDifferent Credit Card for the first-time users. There is no joining fee or annual charge and the card can be obtained entirely digitally. The bank targets students, home makers and senior citizens through this new launch.

The eligibility criteria are easy to fulfil as it doesn’t even require an income proof or credit score to obtain this card. Amid COVID Times, when there is an unprecedented surge in e-transactions the card comes as a gift for Kotak Mahindra 811 Account Holders.

The Kotak customers can apply for this Credit Card without Income Proof through the mobile banking app. New customers can also avail this Credit Card by opening an 811 account.

The only requirement for this lifetime free credit card is a Fixed Deposit of at least Rs.15,000. It essentially is one of the best & low-maintenance first Credit Cards for those who do not have any credit history.

811 #DreamDifferent Credit Card: Highlights-

Basically the Kotak Aqua Gold Credit Card is rebranded as 811 #DreamDifferent Credit Card from 15th July 2020 onwards. Here are the features & benefits of this newly launched Kotak Mahindra Credit Card:

  • Reward points: You earn rewards on each spend. You get 2X reward points per Rs. 100 spent online and 1 reward point per Rs. 100 spent offline.
  • Cash back: Enjoy Rs 750 cash back each year on spends of Rs 75000.
  • Credit limit: 80% of the Fixed Deposit is offered as credit limit. The Credit Limit can vary from Rs 12000 to 12 Lakhs. So, the card targets a widely diversified customer base.
  • Welcome Gift: As a bonus reward earn 500 reward points as you activate the card and spend Rs. 5000 in the first 45 days.
  • Interest free cash withdrawal: The card allows you to withdraw up to 90% of the total credit limit without any interest cost. A nominal processing fee of Rs. 300 per Rs. 10,000 is however applicable on the cash withdrawal. You can enjoy 48 days of free interest period on cash advance.
  • Balance Transfer: You can transfer your Credit Card Balance & opt for 811 #DreamDifferent Credit Card. A processing fee of Rs. 349 per Rs. 10,000 is applied. The benefit of interest free period on retail purchases will continue.
  • Easy & Instant: It is almost instant to transfer your balance and get this card. You just need to call for balance transfer facility.
  • 811 #DreamDifferent Shield: Your card also comes with a cover of Rs. 50,000 against theft or fraudulent use for up to 7 days of reporting. On any suspicious activity, you can call Customer Support at 1860 266 2666 and block the card and also put a claim to Insurance Company.
  • Add-on Cards: You can apply for add-on cards and each card will enjoy similar benefits as the primary card. You can set spend limit and track spends separately for each add-on card.
  • Fuel & Railway Surcharge waiver: You also get 1% surcharge waiver across all petrol pumps in India on transactions ranging between Rs. 500 to Rs. 3000. The benefit can be availed for the maximum of Rs. 3500 per year though fuel waiver.

Likewise, enjoy 1.8% of waiver for transactions on irctc.co.in. On bookings at Indian Railways counters get 2.5% waiver. The max benefit limit is set at Rs. 500 each year.

Eligibility requirements for the 811 #DreamDifferent Credit Card

  • You need to be Kotak 811 customer. New customers can also open 811 account & instantly apply for this Kotak Credit Card.
  • A Fixed Deposit of at least Rs 15000 is required.
  • The credit limit is 80% of the fixed deposit and varies from Rs 12000 to Rs 12 Lakh.
  • No income proof is needed and thus it is a good choice for students, housewives and senior citizens.
  • No credit score threshold is set to ease the cashless journey for Non Credit Card user-base in the country.


✅ What is the annual charge on 811 #DreamDifferent Credit Card?

There is no annual charge or renewal fee applicable on Kotak Mahindra 811 #DreamDifferent Credit Card. It is a lifetime-free Credit Card, which requires a minimum of Rs 15000 FD with the bank for issuance. The credit limit is 80% of the Fixed Deposit.

✅ What are eligibility requirement for 811 #DreamDifferent Credit Card?

The only eligibility requirement for 811 #DreamDifferent Credit Card is an 811 Account with Kotak Bank. You do not require a credit score, income proof or annual charge for this card.

✅ How can I apply for 811 #DreamDifferent Credit Card?

The card application is completely online. You can apply through Kotak mobile app.

✅ What is the maximum and minimum credit limit offered on 811 #DreamDifferent Credit Card?

The credit limit for 811 #DreamDifferent Credit Card is capped at 80% of the Fixed Deposit. The minimum limit is Rs 12000 and the maximum credit limit is Rs 12 Lakhs.

✅ What are contact details for Kotak Credit Card customer care?

You can contact Kotak Mahindra Bank Credit Card Customer Care at 1860 266 2666* between 9:00 AM to 7:00 PM on all 7 days of the week. For any fraudulent or unauthorized transaction contact on 1800 209 0000 between 9:00 AM to 7:00 PM on all days.

✅ How do I report fraudulent transaction and block Kotak Credit Card?

Your Kotak Mahindra 811 #DreamDifferent Credit Card protects you for a minimum sum of Rs. 50,000 against theft or fraudulent use. You get 7 days time to report the transaction. Call Customer Support at 1860 266 2666 and block the card. You can thereby also apply for a claim from Insurance Company.