Kotak Royale Signature [Discontinued]
MidKotak Mahindra Bank
Where it ranks · across all 71 cards
#51 Online shopping0.5%direct#55 Dining out0.5%direct#48 Flights0.5%direct
Devaluation history
- 2025-06-01 - Point value cut ₹0.25 to ₹0.20; min 2,000 pts to redeem.
- 2026-01-01 - Discontinued for new applications (bank site, Aug 2026).
Reward rules
Points valued at ₹0.2/pt - conservative, what rankings use
Base rate - everything not covered below
2 pts / ₹150= 1.3 pts per ₹100
0.27%
conservative value
4 pts / ₹150 on accelerated categories
4 pts / ₹150= 2.7 pts per ₹100
0.53%
conservative value
Source: Kotak Royale Signature value chart (bank site, verified Aug 2026) · 2026-08-21
Base rate, but capped - these categories earn normally up to a monthly ceiling
Milestones
₹4,00,000 / year
10,000 pts at ₹4L OR 30,000 pts at ₹8L (one tier, end-of-year)
worth ≈ ₹2,000
Earns nothing on
- ⊘ Wallet loads excluded from rewards/milestones. Bank notes the list is not exhaustive - all network MCCs in the category count.6540bank MCC list→ use SC Ultimate here (3.3%)
- ⊘ Rent excluded from rewards/milestones. Bank notes the list is not exhaustive - all network MCCs in the category count.6513bank MCC list→ use Axis Burgundy Private here (4.5%)
- ⊘ Fuel MCCs excluded from rewards/milestones. Bank notes the list is not exhaustive - all network MCCs in the category count.5172554155425983bank MCC list→ use MakeMyTrip ICICI here (1.0%)
- ⊘ Online skill-based gaming excluded from rewards/milestones. Bank notes the list is not exhaustive - all network MCCs in the category count.5816bank MCC list→ use Axis Magnus for Burgundy here (10.5%)
- ⊘ EMI transactions excluded from rewards and milestone spends (MITC).