The new METRO Kotak Credit Card is a credit card launched by Kotak Mahindra Bank Limited jointly with METRO Cash & Carry to offer a hassle-free, affordable credit service to their customers. METRO Cash & Carry has over 3 million registered customers who can avail a facility of interest-free credit for up to 48 days.
This card is available on RuPay network. Moreover, the main beneficiaries of this credit card would be the existing customers of METRO Cash & Carry. To learn more about its benefits and features, please keep reading.
Features and Benefits of METRO Kotak Credit Card
The top 7 features and benefits of this new credit card include the following:
Cashback: You can earn up to Rs. 1000 Card cashback every month. The rewards rate is 1% on purchases over Rs. 10,000. Therefore, your total earnings will depend on the purchase you make at METRO.
Welcome benefits: Kotak METRO Card offers you Rs. 500 as a welcome gift when you make a purchase of Rs. 10,000.
Interest-free credit: This card offers credit fully free of interest for up to 48 hours, which can help customers of the B2B section as they purchase products in bulk.
Repayment method flexibility: You can repay your credit card bill through online transfer or cash at your convenience.
Minimum documentation required: You require a very few documents to apply, with zero annual or joining fees.
Credit card limit: The range of credit cards starts from Rs. 25,000 and goes up depending on your expense pattern at METRO Cash & Carry.
No bank account required: If you are a METRO business customer, then you can apply for this card even if you do not have a bank account.
The METRO Kotak Card uses the RuPay contactless payment method for a faster and easier way to pay. Moreover, these transactions are secured with just one tap, without having to enter your PIN code. Using this method, you can pay up to Rs. 5000.
The benefits of contactless payment include:
Secure transactions without the hassle of PIN code entry.
Quicker transactions with just one tap.
You do not have to hand over your credit card, reducing the risk of theft or germ transmission.
The risk of fraudulent transactions is lower as this card is bolstered with multiple security layers.
Fees & Charges for METRO Kotak Credit Card
Type Of Charges
Amount/Percent
Joining Fees
NIL
Annual Fees
NIL
Add-on Card Fees
NIL
Minimum Amount Due (MAD)
10%
Interest Charges for Unpaid Bill
3.5% (Annualized 42%)
ATM Withdrawal Fund Transfer or Cash Advance Charge for Every Rs. 10,000
Rs. 300
Late Payment Charges or LPC
Rs. 100 if the due is less than or equal to Rs. 500.Rs. 500 if the due is between Rs. 500.01 to Rs. 10,000Rs.700 if the due is more than Rs. 10,000
Fuel Surcharge
NIL
Charges for Cash payment at Bank
Rs. 100
Charges for Re-issuing or Replacement of the Card
Rs. 100 (per issuance)
Exceeding Limit Charge
Rs. 500
Bounced Cheque Charges
Rs. 500
How to Apply for METRO Kotak Credit Card
To apply for a METRO Kotak Credit Card online, you can follow these five simple steps:
Step 1: Go to the official website of Kotak Mahindra Bank
Step 2: Click on the “Explore Products” section, followed by “Cards”, followed by “Credit Cards”
Step 3: Under the credit cards section, you will see the “METRO Kotak Credit Card” option. Click on it.
Step 4: Click on “Apply Now”.
Step 5: In the redirected page, enter all necessary information and details and submit.
Step 6: Wait for confirmation from the bank’s professionals. They will get in touch soon.
Eligibility Criteria and Requirements for METRO Kotak Credit Card
Before you apply for the Kotak Credit Card, you must know where you stand in terms of eligibility. The following are the criteria you need to meet:
Age: To be the primary cardholder, your age must range between 18 years and 65 years
Residency: You must be an Indian resident
Employment: You must either be self-employed or owner or partners at any partnership firms
Membership: You must a member of METRO Cash & Carry India with a valid membership card
Others: These may include the financial status of your business, credit score, etc.
Documents andother necessities include:
Proof of Identity: It may include your Aadhaar card, Voter Id, PAN card, etc.
Valid METRO membership card
Proof of Business: The registration certificate of your business, along with the address and income proof of your business.
Kotak Mahindra is one of the top financial Institutions in India, whereas METRO Cash and Carry is a prominent organised wholesaler and food specialist. The new co-branded credit card, known as the METRO Kotak Credit Card is an initiative that offers you a hassle-free experience when you are shopping in bulk quantities. For instance, their no-interest credit repayment policy can significantly reduce your repayment burden. In this article, the prime benefits and features of this card have been discussed, so that you can avail the most out of shopping at METRO Cash and Carry.
The Zora, Delhi Convention Center, located near Jawaharlal Nehru Stadium in Delhi, was inaugurated in August 2024. This convention center is specifically designed to cater to global event needs.
Spanning over 2 lakh square feet, The Zora features impressive architectural elements, including 38-foot high ceilings and two pre-designed halls, crafted by the esteemed designer Walid Baz, founder of Baz Events. It serves as an exquisite venue for weddings, festivals, corporate gatherings, and a variety of other events.
In an exclusive interview with APN News, Jyoti Kalash, Chief Administrative Officer (CAO) and retired IAS officer stated, “The design of this event center is striking. Upon entering the main hall, guests will feel transported to another realm, as there is a glass floor beneath them that can easily support over 1,000 people.”
“The Zora stands out due to its nature-inspired design and outstanding craftsmanship, which was accomplished in just 80 days by an international team, establishing a new benchmark for luxury in India,” the former IAS officer emphasised.
Dhananjay Kumar, CEO of The Zora – Delhi Convention Center, also spoke with APN News, stating, “We are offering not just a venue, but a destination for unique, unforgettable experiences. This luxurious and stunning space was completed within an impressive timeframe of only 80 days.”
Know what is special in ‘The Zora’
Prime location on Lodhi Road, convenient location for all.
Parking facility for more than 2000 vehicles.
Designed by award-winning architectural designer Walid Baz, bringing world-class expertise to Delhi.
Completed within a time period of just 80 days.
Spread over 2 lakh sq ft with two pre-designed halls and spacious customisable areas.
The Zora’s design is inspired by nature, offering guests an ambiance of beauty and tranquility.
750 tonnes of iron has been used for strength.
700 intelligent lights have been used with over 20 modes to match the mood of the ceremony.
Another large dining area is separate from the Grand Ballroom.
The interiors look beautiful and are adorned with intricate handmade designs.
The International Institute of Mass Communication (IIMM) Delhi continues to solidify its reputation as a premier institution for media and communication studies by achieving 100% placement for its Post Graduate Diploma in Advertising and Public Relations (PGD ADPR) course for the third consecutive year. This remarkable achievement underscores the institution’s commitment to academic excellence and its pivotal role in shaping future leaders of the media industry.
A Legacy of Excellence
Ms. Simrat Gulati, an IIMC Alumna and Advertising veteran, who heads this program at IIMM Delhi said, “ADPR is one of IIMM Delhi’s oldest and most prestigious programs. Established with the vision of providing comprehensive education and training in the fields of advertising and public relations, this course has evolved to meet the dynamic demands of the industry. The curriculum is meticulously designed to combine theoretical knowledge with practical skills, ensuring that students are well-prepared for the challenges of the professional world.”
Industry Recognition
Industry experts and media professionals also hold IIMM Delhi’s ADPR program in high regard. Vivek Satya Mitram, a renowned Brand Strategist and co-founder at Bharat Dialogues said, “I have interacted with IIMM Students in workshops & events, the rigorous training included in their ADPR course and exposure to real-world scenarios are indeed a benchmark in media education. We at Bharat Dialogues regularly hire interns from IIMM Delhi for their creativity, strategic thinking, and ability to adapt to the rapidly changing media landscape.”
Several key factors contribute to the consistent placement success of the ADPR program at IIMM Delhi added their Academic Director Pooja Priyamvada. “We at IIMM Delhi have fostered strong relationships with leading companies in the advertising and PR sectors. These partnerships provide students with ample internship opportunities, live projects, and exposure to industry practices. We are privileged to have a highly qualified and experienced line up of faculty members & Guest lecturers who bring a wealth of industry knowledge and academic expertise.”
The industry-readiness of any curriculum requires that it is regularly updated to reflect the latest trends and technologies in the media industry. This ensures that students are equipped with relevant skills and knowledge that make them highly employable. As per many ex-students that is what set them apart from the crowd in the highly competitive media industry. Through mock interviews, resume building workshops, and career counseling sessions, the placement cell ensures that students are well-prepared to enter the job market.
The 100% placement record over the past three years is a testament to IIMM Delhi’s unwavering commitment to excellence. As the media industry continues to evolve, the institute remains dedicated to providing exemplary education and training that empowers students to become leaders in their field.
Established in 1999, the International Institute of Mass Media (IIMM) Delhi is a premier institution dedicated to providing high-quality education in mass media and communication. With a focus on practical training, industry exposure, and academic excellence, IIMM Delhi offers a range of undergraduate, postgraduate, and diploma programs designed to prepare students for successful careers in media and communication.
For more information about IIMM Delhi and its programs, please visit www.iimmdelhi.com
Nima Sulaiman joins HiLITE Group Board, her father gifts her a Porsche
Nima expressed her gratitude for the opportunity and her eagerness to contribute to the group’s success.
Published
8 months ago
on
April 19, 2024
By
In a move signalling a generational shift in leadership and a commitment to empowering women in the business world, Nima Sulaiman, the daughter of HiLITE Group Chairman P. Sulaiman, has been welcomed onto the board of directors with a stunning gesture—a Porsche worth Rs 3 crore.
At just 18, Nima began her journey with HiLITE Group as a customer service trainee at Hug a Mug Cafe. From there, she transitioned to management roles, showcasing her talent and dedication. With a B.Sc in Economics from the University of London in Singapore, Nima brings a unique blend of academic prowess and practical experience to her new position.
As the Director of HiLITE Urban, a subsidiary of HiLITE Group, Nima is poised to continue the company’s legacy of excellence in construction and development. With a focus on providing quality living spaces and international standards in India, HiLITE Group has been instrumental in transforming Kozhikode city with its innovative projects that include premium residential buildings, ultra modern business parks, state-of-the-art malls and world-class entertainment theaters.
Group Chairman P. Sulaiman expressed his sentiments regarding his daughter’s recent appointment within the Group. He said, “I am immensely proud of Nima’s accomplishments and firmly believe that she is capable to take on greater responsiblities. HiLITE Group has always shed light on the significance of acknowledging and empowering women in leadership positions.” He further emphasised, “The emotional intelligence that women bring to the table is pivotal for fostering effective leadership and establishing trust.”
Nima, in turn, expressed her gratitude for the opportunity and her eagerness to contribute to the group’s success. “Inspired by my experiences visiting renowned malls worldwide, I strive to enrich the atmosphere of HiLITE malls and other projects, infusing them with vibrancy and youthfulness,” she said.
The appointment of Nima Sulaiman to the board of directors represents a significant milestone for HiLITE Group and a testament to the company’s commitment to innovation and inclusivity in the business world. As Nima takes on her new role, she stands as a beacon of inspiration for young women entrepreneurs in South India and beyond.
APN News is today the most watched and the most credible and respected news channel in India. APN has been at the forefront of every single news revolution. The channel is being recognized for its in-depth, analytical reportage and hard hitting discussions on burning issues; without any bias or vested interests.