[Resolved]  Kotak Mahindra Bank Ltd — NEFT Charges without notice

Address:North 24 Parganas, West Bengal

Hi Kotak Bank Customer Service

I am holding a corporate salary account with kotak bank . Initially the bank promised a whole lot of endorsements like better interests, free transactions , etc. I believe the motto has now changed and I believe now kotak bank doesn't understand the service that should be given to a corporate account holder , that they promise while opening the account.

I noticed that there was a charge deducted from account for an neft , I called the customer care and to my disappointment the customer service officer told that there are charges applicable for neft ,cash withdrawal, annual card charges etc that has been incorporated since october 1 ,2012 , without notifying the corporate customers in any mode(neither call nor email).

I called the customer service which went in vain .I have been facing issues since opening the account .

I need more clarifications on the same and need proper assistance from kotak side ,else I have to close this account with immediate effect .

Thank you
sanjib dey

I went through the url i.e. www.Kotak.Com , and found the following :

free electronic fund transfer

transfer funds to third party accounts in other banks, without drawing a demand draft or a cheque, by using our electronic fund transfer facility. With this facility you can save on demand draft making/Couriering charges and also transfer funds faster!
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Aug 13, 2020
Complaint marked as Resolved 
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NEFT — charges for NEFT

pls let me know why have u charged for NEFT. u have charged Rs.16/-? as per the service its supposed to be free.
account number[protected].
account holder- prabhakaran.b

regards
prabhakaran
[protected]
Very tricky Endorsements by Kotak Bank to fool people .I am going to the RBI ombudsman with all details
Dear Mr. Dey,

We appreciate your kind concern in intimating us about problems faced. We request you to refer our website http://www.kotak.com/bank/common/pdf/GSC-CorporateSalary.pdf for the General Schedule of Features and Charges for Corporate Salary Account.
We also request you to kindly provide your contact # / Account # to solutions.[protected]@kotak.com enabling our Bank official to investigate the matter and action accordingly.

Assuring you of our best services at all times.

^Kotak Support Team.
Thanks for the Quick response kotak team

I have already submitted the request to your service.[protected]@kotak.com, where people hardly manage to be able to respond with proper reason .

Anyway I have already gone through your norms and conditions, the bottom line is you wont be able to delight customers as you guys don't know how to deal with Corporate accounts .

Anyway thanks a lot for the Best of Services, for which I dont want to continue anymore .
Can you please tell me how much hour NEFT Transaction Tell me in hour Not days

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