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Kotak Launches Invite-Only Solitaire Banking Programme for India’s Affluent

Delivering a family-inclusive package of banking, investment, lifestyle benefits with pre-approved credit lines up to Rs 8 crore, the programme is now inviting its first cohort of affluent clients.

Overview

  • Invitations are being extended to clients with a total relationship value of at least Rs 75 lakh for salaried individuals and Rs 1 crore for self-employed customers.
  • The programme allows invitees to include up to 14 family members under a single banking and lifestyle umbrella.
  • Members receive pre-approved credit lines of up to Rs 8 crore, a zero-fee premium credit card with unlimited lounge access, 10% travel rewards and zero forex markup.
  • Kotak has deployed dedicated relationship and service managers along with advanced risk-management tools and customer profiling to oversee the high-value credit offerings.
  • The bank aims to grow its four per cent share of India’s affluent segment expected to double in size over the next three years.