Verified — 16/16 categories
Kotak
IndianOil Kotak Credit Card
Best forFuel & Groceries
Earns4% effective (24 RP/₹150) on fuel — only at IndianOil outlets
1st Year / Joining Fee
₹449 + taxes
Renewal Fee
Not recorded
Fee waiver
₹50,000
annual spend
Network
Not recorded
Kotak
IndianOil Kotak Credit Card
Why this card may suit you
Based on the card's verified terms.
- Best suited to spending on fuel and groceries, where it earns 4% effective (24 RP/₹150) (only at IndianOil outlets)
- Annual fee is waived at ₹50,000 yearly spend
How you earn
Reward rates at a glance — exactly as recorded for this card.
FuelOnly at IndianOil outlets4% effective (24 RP/₹150)
Groceries2% effective (12 RP/₹150)
Dining2% reward points
Shopping0.5% effective (3 RP/₹150)
All 16 reward categories · 16 of 16 categories verified
| Category | Rate | Cap | Condition |
|---|---|---|---|
| Rent | No reward | — | —Details
|
| Education | — | — | Standard card reward rate appliesDetails
|
| Insurance | — | — | Standard card insurance reward rate appliesDetails
|
| Utilities | — | — | Standard utility rate appliesDetails
|
| Fuel | 4% effective (24 RP/₹150) | 1,200 RP per month | Only at IndianOil outletsDetails
|
| Groceries | 2% effective (12 RP/₹150) | 800 RP per month | 2% reward points (12 RP/₹150) on grocery & dining (capped 800 RP/statement)Details
|
| Dining | 2% reward points | — | 2% reward points (12 RP/₹150) on dining & grocery (capped 800 RP/statement)Details
|
| Food Delivery | — | — | Standard retail reward rate for IndianOil Kotak Credit Card on Food DeliveryDetails
|
| Shopping | 0.5% effective (3 RP/₹150) | — | Standard retail reward rate for IndianOil Kotak Credit Card on ShoppingDetails
|
| Travel | — | — | Standard retail reward rate for IndianOil Kotak Credit Card on TravelDetails
|
| Government | — | — | Standard card reward rate appliesDetails
|
| Wallet | No reward | — | —Details
|
| Railways | — | — | Standard verified reward rate for IndianOil Kotak Credit Card on RailwaysDetails
|
| FASTag | — | — | Standard verified reward rate for IndianOil Kotak Credit Card on FASTagDetails
|
| Jewellery | — | — | Standard verified reward rate for IndianOil Kotak Credit Card on JewelleryDetails
|
| Telecom | — | — | Standard verified reward rate for IndianOil Kotak Credit Card on TelecomDetails
|
“—” means not established. “Research pending” is not zero: it means DhanChakshu has not finished verifying that category, so it is not counted.
Cost & caps
What it costs to hold, and where rewards stop.
1st Year / Joining Fee
₹449 + taxes
Renewal Fee
Not recorded
Fee waiver
₹50,000
annual spend
Reward caps
- Fuel — 1,200 RP / month (per category — Fuel)
- Groceries — 800 RP / month (shared cap — Groceries)
Spending thresholds
- Spend ₹50,000 per card year → annual fee waived
Key benefits
Rewards
4% effective (24 RP/₹150) on fuel (only at IndianOil outlets)
Fuel surcharge waiver
4% IOCL fuel, 2% groceries/dining, 1% fuel surcharge waiver
Fee waiver
Annual fee waived on ₹50,000 annual spend
Important to know
Limits and exclusions that change what you earn.
- Fuel reward (4% effective (24 RP/₹150)) applies only at IndianOil outlets — not to all fuel spends
- Fuel rewards are capped at 1,200 RP / month (per category — Fuel)
- Groceries rewards are capped at 800 RP / month (shared cap — Groceries)
- No reward on: Rent, Wallet
- Spend ₹50,000 per card year → annual fee waived
Who should consider this card
✓ Good fit if
- Your spending is concentrated in fuel, groceries, dining
- You regularly spend only at IndianOil outlets
- You can reach the ₹50,000 annual spend that waives the fee
△ Less useful if
- Much of your spending is in rent, wallet, which earn nothing
- Your spending is not only at IndianOil outlets
- You cannot reach the fee-waiver spend and would pay the annual fee
Full details
Everything else, expanded on demand.
Caps & exclusions · 2 caps · 2 no-reward categories
Caps
- Fuel — 1,200 RP / month (per category — Fuel)
- Groceries — 800 RP / month (shared cap — Groceries)
Categories with no reward or not eligible
- Rent — No reward.
- Wallet — No reward.
Milestones · 1 recorded
- Spend ₹50,000 per card year → benefit worth ₹449 — Annual fee waiver at ₹50,000 annual retail spend.
Eligibility
Subject to Kotak's underwriting and eligibility criteria. See the issuer's terms for current requirements.
Specifications
- Payment network: Not recorded
- Airport lounge: Not recorded by DhanChakshu — check the issuer terms
- Fuel surcharge waiver: 4% IOCL fuel, 2% groceries/dining, 1% fuel surcharge waiver
- Foreign-currency markup: Not recorded by DhanChakshu — check the issuer terms
What DhanChakshu couldn't fully verify · 3 areas
3 areas need further verification. None of these are counted as zero.
- • Lounge benefit — not recorded; check the issuer terms
- • Foreign-currency markup — not recorded; check the issuer terms
- • Payment network — not recorded
Sources & verification
Verification & sources · last checked 2026-09-23
Verification coverage: All 16 categories verified
Card record last checked: 2026-09-23
Documents used