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How to convert a Kotak Mahindra credit card purchase to EMI?

Aryan Meyor

Asked 3 May 2026

4

I just made a big purchase on my Kotak Mahindra credit card. What is the exact process to convert it into EMI? Are there any processing fees?

3 Answers

Accepted
13
Mary D'Souza·18 Apr 2026

Two things nobody tells you: (1) GST is charged on the annual fee, so a ₹1,000 fee becomes ₹1,180. (2) Reward points usually have an expiry of 2-3 years. Set a calendar reminder to redeem before they lapse.

17
Sai Pallavi Pillai·15 May 2026

I've held this card for 3 years. Quick reality check: the welcome benefit is good, the first-year fee waiver is easy, but from year 2 onwards you really have to work for the milestone benefits. Don't keep it if your monthly spend drops below the milestone threshold.

14
Urmi Malhotra·30 May 2026

I've held this card for 3 years. Quick reality check: the welcome benefit is good, the first-year fee waiver is easy, but from year 2 onwards you really have to work for the milestone benefits. Don't keep it if your monthly spend drops below the milestone threshold.

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