Kotak Mahindra Bank launched the Metro Kotak Credit Card in collaboration with Metro Cash and Carry Indian. Kotak has taken the strategic step to partner with India’s leading organized wholesaler and food specialist to serve the 3 million registered Metro India customers. The primary function of a credit card is to serve the retail market. As the retailers buy in bulk and then stock it in their retail shops. So, however, to fulfill their credit needs the Kotak Metro Card comes in handy.
It will consequently help the Indian retail economy which is the backbone of our country. Furthermore, it will result in significant time and cost savings. In addition, encourage doorstep shipping within 24 hours. The Kotak Metro Card is a perfect example of modernization through the advancement of digitalization to meet demands. The article below provides a summary of what the Kotak Metro Card is, what services it will provide, and its benefits and expectations.
What is the Kotak Metro Credit Card?
The Kotak Metro Card is available under the Rupay Network. As per the official statement of Kotak Mahindra Bank the customers who are eligible to reap the benefits are Kirana owners, MSMEs, small restaurants, Hotels, Restaurants, Caterers, Offices, Companies, Institutions, and Self-employed Professionals.
Following that, the Kotak Metro Credit Card comes with a 48-day interest-free period, a welcome benefit, and a credit limit range of up to INR 25,000. Meanwhile, the credit limit range is determined by the customer’s Metro purchase history. In addition, you will receive a cashback of up to Rs 10,000 per month. You can apply for the Kotak Metro Credit Card even if you do not have a Kotak Mahindra Bank account.
Advantages of the Metro Kotak Credit Card
Based on the realized statement these are the following advantages you will get from this credit card:
- Repayment System: You can repay the EMI in flexible installments.
- Documentation: The document requirement is kept minimal so that everyone can access it.
- Credit Facility: To cater to the B2B segment the Metro Card gives you Interest-free Credit Facility for up to 48 days.
- No Joining Fees: The card is entirely free. So, you didn’t have to pay any joining or annual fees.
Kotak Mahindra Bank is a top-tier financial services firm. The all-new Metro Card was introduced to help local businesses. Furthermore, the bank intends to empower Metro customers. Metro Card is created to increase the profitability and success of retail businesses. To accomplish this, the bank has partnered with Carry India and Metro Cash. Kotak Mahindra Bank is a firm believer in modernization, which is why it is constantly upgrading its financial services to meet market demands.
Nevertheless, the card’s agenda is to become a voice for small retailers, kiranas, MSMEs, and others who serve as the backbone of the Indian retail economic growth. Aside from that, the Kotak Metro Card will provide you with a hassle-free journey, the convenience of purchasing a diverse range of goods, attractive price ranges, and so on. They are all accessible from a single location. Hence, you can now use this Kotak Credit Card to enhance your working capital efficiency.