Amazon Pay and Kotak Mahindra Bank have announced a co-branded credit card designed for sole proprietors and small business owners. The Amazon Pay Kotak Business Credit Card is available to registered users of Amazon Business, the digital procurement platform, and offers cashback rewards and an extended interest-free credit period, helping entrepreneurs manage business purchases more efficiently while preserving working capital.
“Amazon Pay has made credit accessible to millions of Indian consumers. Now we’re doing the same for small business owners. The Amazon Pay Kotak Business Credit Card extends that commitment to sole proprietors and small business owners who make up 70% of Amazon Business’ customer base. We built this card listening to what these small business owners need – transparent rewards on purchases made on Amazon business and access to credit. By partnering with Kotak Mahindra Bank, we’re combining Amazon’s reach across millions of businesses with Kotak’s expertise in SME lending to create a compelling proposition for entrepreneurs across India,” says Mayank Jain, Director, Credit & Lending, Amazon Pay.
India's MSME sector, comprising over 94 million enterprises registered on the Udyam portal, contribute over 30% of the country’s GDP. Yet many small business owners lack access to formal credit products designed specifically for their business needs. As entrepreneurs increasingly adopt digital procurement, GST-compliant record keeping and structured financial processes, there is a growing demand for solutions that help them manage spending, cash flows and business operations more efficiently.
The Amazon Pay Kotak Business Credit Card is purpose-built to bridge this gap, combining cashback rewards, GST-compliant invoicing, and working-capital flexibility into a single, digitally accessible solution tailored for sole proprietors across India.
“Small businesses are the engine of the Indian economy. They supply the goods, create the jobs and keep commerce moving in every town and city, often with modest teams and remarkable resourcefulness. What stands out is how enterprising they are. That confidence deserves the right tools. This card will offer benefits around how these businesses actually operate, with an interest-free credit period that eases cash flow, No Cost EMI for larger purchases, and cashback on the spending they are already doing to grow. With Amazon Pay, we can bring this to businesses across India on a platform they already trust,” says Frederick Dsouza, Head - Credit Cards, Kotak Mahindra Bank.
What the Amazon Pay Kotak Business Credit Card offers
- 5% cashback on eligible Amazon Business purchases and flight and hotel bookings for Prime members and 3% cashback for non-Prime members (capped at 5% of the monthly credit limit)
- 2% cashback on bills and recharges through Amazon Pay and 1% cashback on all other spends
- Up to 48 days interest-free credit period and three-month No Cost EMIs on eligible purchases
- Nil joining fee and annual fee of ₹499 plus taxes, waived on eligible annual spends of ₹3 lakh on Off-Amazon purchases
- Offers for small businesses on AWS credits for AI services, cloud computing & data storage
Amazon Business enables Indian businesses to buy smarter and reduce procurement costs through a single, compliant digital experience. With sole proprietors making up 70% of its small-business customer base, the Amazon Pay Kotak Business Credit Card extends this value further—rewarding the purchases they are already making while giving them greater control over cash flow and compliance.Amazon Business customers continue enjoying up to 18% GST benefits on eligible transactions.
How to apply for the Amazon Pay Kotak Business Credit Card
Small business owners registered on Amazon Business can apply for the Amazon Pay Kotak Business Credit Card through Amazon Business. The application process is fully digital, requires minimal documentation and eligible applicants can receive a credit decision within minutes. To express interest, click here.
