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Kotak Solitaire: Invite-Only Programme for Affluent Clients

24 July 20251 min read
BANKING & FINANCEKotak Solitaire:Invite-OnlyProgramme forAffluent Clients24 July 2025safalsetu.com

Why in the news

Kotak introduced an exclusive programme to deepen ties with wealthy clients.

Key facts

FeatureDetail
Entry: salaried₹75 lakh relationship value
Entry: self-employed₹1 crore
Credit₹8 crore pre-approved lines (home, personal, cards)
Card perksNo annual fee, unlimited lounge access, zero forex markup
  • A dedicated relationship manager serves each client.
  • Aim: grow the affluent base and exceed a 4% segment share.

Exam angle

  • Programme: Solitaire; thresholds ₹75 lakh and ₹1 crore.

Test yourself

1. What relationship value must a salaried individual have to join Kotak's Solitaire programme?

Salaried customers need ₹75 lakh; self-employed need ₹1 crore.

2. What pre-approved credit line amount does Kotak's Solitaire offer?

The notes state ₹8 crore pre-approved lines across loans and cards.

3. What share of business do affluent customers contribute to Kotak, per these notes?

Affluent clients are under 1% of customers but contribute over 35% of business.

This topic is part of Daily Current Affairs 24 July 2025 (16 topics).

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