New Delhi, July 25 -- If you have a crore in the bank, congratulations-you're an affluent Indian. That's the benchmark Kotak Mahindra Bank uses to determine eligibility for its new Solitaire program. For salaried individuals, the threshold is a little lower at Rs.75 lakh.

Other types of financial relationships also count toward eligibility-such as mutual funds invested through Kotak, or having a loan or demat account-though some adjustments may apply. Once you qualify, the bank is ready to roll out a red carpet of benefits. But are these perks compelling enough to justify locking in such a large sum?

Here's a deep dive.

At the heart of the program is a pre-approved loan of up to 3x the size of your banking relationship, capped at Rs.7....