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Kotak Mahindra Bank Complaints & Reviews

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Last updated Apr 17, 2024
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Kotak Mahindra Bank reviews & complaints page 4

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V
Vasavi MS
from Bengaluru, Karnataka
Jul 14, 2023
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Deducted extra one month EMI

Deducted one month extra emi amount from my account without any information... kindly refund my amount 🙏 As early as possible...
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A
ankur.kathuria
Jul 10, 2023
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Insurance policy 9550845

Hi

I had bought Kotak Life Insurance Policy 9550845 in 2016. I have been paying Rs 50, 000 premium p.a (on a monthly basis). After having paid close to Rs 3.25 lakhs, the fund value has only reached Rs 467, 000.

Given that it is the market linked plan and markets have grown so much in last 6-7 years, the returns shown are not commensurate with how the markets have grown.

Kindly look into the matter....
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R
rajbhar1989
Jul 9, 2023
Jul 10, 2023
This thread was updated on Jul 10, 2023
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Formal Complaint Against Abusive Calls from Kotak Mahindra Credit Card Department

I am writing to bring to your attention a matter of great concern and utter disappointment regarding the recent experiences I have had with the credit card department of Kotak Mahindra. Specifically, I have been receiving abusive calls from a phone number associated with your organization: [protected]. This behavior is completely inappropriate, unprofessional, and unacceptable.

I would like to emphasize that I have been a...
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C
Chakravarthy Golla
Jul 3, 2023
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Credit card Annual charges

I have created a salary account with kotak mahindra bank without knowing to me they have issues credit card and that is also not reached to me.

Now they issued credit card statement with Annual charges of 588 and asking me to pay. Where as i dont even have a credit card with them.

Please clear these charges otherwise i would like to close my account with Kotak bank as this is really frustrating.

Please...
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R
Jul 1, 2023
Jul 3, 2023
This thread was updated on Jul 3, 2023
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Ecs return charge two times on lower middle class peoples

Address:Mg road bangalore
Website:KOTAK mahindra bank

I have sallery account on KOTAK MAHINDRA BANK and i have bought some electronics on the ZEST MONEY app and I made all payment on time on tht app they or debited amount of 1770/-rs TWO TIMES i asked for costomer care executive they are fraud on me and I have paid all the payment before due i need refund it's not my fault I made payment may 5th and June 5th
Please make sure refund to me
It's my humble request RAKSHITH C...
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R
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Ecs return charge

Address:Mg road bangalore

I have sallery account with kotak bank and i purchased some electronics with 'Zest money'
App i paid all amount before due on time
But they debited 1770rupees 2 times on my kotak account they are not responding properly
Costomer care people fraud on me please i need refund...
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N
NeehaWaseem
from Mumbai, Maharashtra
Jun 25, 2023
Jun 26, 2023
This thread was updated on Jun 26, 2023
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TMBS transaction without information on Zero balance account

Hi
I would like to complain about kotak mahindra bank
My account no [protected]
I got some unexpected deduction last night without prior notification in the name of TMBS transaction. Kindly look into the matter and do the needful...
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K
Khandelwal Chirag
Jun 25, 2023
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Haven't received relieving letter

Address:Jaipur

Dear,
I am a former employee of kotak mahindra bank, Chirag Khandelwal, Jaipur. I was under notice period from 18/08/2018 to 17/10/2018.
My last working day was 17th October, 2018. It has been more than four and half years since i have resigned from the bank, still i haven't got any intimation regarding my relieving letter. I have already call to the hr regarding the same and still the issue is not resolved. This is just not...
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Someone has used my wife mobile number 9654746xxx and give it as referencealternative number now she is getting daily so many calls asking to contact that person.How would we contact that person as we dont know that person.
We are getting daily calls from unknown numbers to re-pay the loancredit card payment. Those guys are talking very rudely in abusive manner. Can you please take action on my request immediately on priority basis...
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Someone has used my wife mobile number [protected] and give it as reference or alternative number now she is getting daily so many calls asking to contact that person. How would we contact that person as we dont know that person.
We are getting daily calls from unknown numbers to re-pay the loan\credit card payment. Those guys are talking very rudely in abusive manner. Can you please take action on my request immediately on priority...
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P
Pankaj rwt
from Gurugram, Haryana
Jun 17, 2023
Jun 20, 2023
This thread was updated on Jun 20, 2023
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Lien amount charges refund

Address:Kanhai Gaon Market Sector 45

I never got any message from Kotak saying i will be charged for every failed ECS transaction.I found this when i accidentally checked my account summary which i never usually do.I never got any information regarding this charges. Being a reputed bank, Kotak must try to be transparent, atleast to its customers. They are deducting lots of hidden charges. I just want my lien amount refund.I expect a refund from Kotak for being a customer for...
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N
Naveennarati
from HYDERABAD, Andhra Pradesh
Jun 15, 2023
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Status showing active

Address:Khairathabad

Dera Team,

Previously i have kotak mahendra bank credit card and i settled total amount three years back and they are provided settlement letter also by bank.
Credit card number [protected]
But still it was showing in active i complained so many times to kotak bank but no one can respond.
Mobile:[protected]
Mail: [protected]@gmail.com
Kindly check the attachment of settlement letter by...
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R
rijasali9
Jun 13, 2023
Jun 14, 2023
This thread was updated on Jun 14, 2023
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Multiple deduction of money from my account.

I took a payday loan of amount 9613/- from Kotak Mahindra Bank. When my salary got credited on 09/06/2023 they deducted the amount and my balance was 17548. The same amount got auto debited on 13/06/2023 again. My account had a balance of 2300 and it got debited and the remaining amount is showing as -7300. I tried to contact them but no response. I need my money back...
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Dibyendu84
from Kolkata, West Bengal
Jun 7, 2023
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Remove the agent code of Kotak Mahindra Life Insurance Company Ltd. from IRDA PAN portal.

Dear Sir/Madam,

I Dibyendu Kundu is requesting you to remove the agent code of Kotak Mahindra Life Insurance Company Ltd. from IRDA PAN portal.

I have mentioned the details, given below.

Name : DIBYENDU KUNDU
Agent code : 60207618
Company : Kotak Mahindra Life Insurance Company Ltd.
Pan Number: BVWPK4468A

Kindly please remove my Agent code and Pan ID number...
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P
Pashupathinath Thodupunuri
Jun 7, 2023
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Charges on overdraft

My overdraft account number is [protected]

when this overdraft account was offered to me, they said there would not be any no-utilization charges. all of a sudden, in May 2023, non-utilization charges of 2627 rupees were charged

i went to the manikonda branch and they just sent a mail to the relationship manager. i gave them a written complaint but they not even raised the complaint but just sent a mail saying...
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J
Jaya Kumar S
Jun 5, 2023
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Emi complaint

Address:Tondirapet

Dear Team,
Good day,
Please find attached my payment details for your reference,

Customer Name; Ms VijithraLoan No CFB17092477.Dealer Name: Vasanth & CO Place: Royapuram
Note:
Today I received a call from arepresentative of Kotak Bank regarding pending dues for the past three months. The person who called me provided their mobile number as [protected] and thecall took place at 18:15. When I...
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S
Swathi Chandrashekar
from Bengaluru, Karnataka
Jun 3, 2023
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Auto debit without information

Address:Bangalore

Since from so many days am getting auto debited from my credit card account to savings account which i have not maintained balance without any information.Kindly refund my deducted amount as soon as possible and close my savings account....
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Address:Pune

This is to bring to your notice that I have never in my life applied for any credit card from Kotak Mahindra Bank Ltd and to my surprise today I have received a call from your collection manager Mr. Sachin Rathod – [protected] from Solapur branch that there is an outstanding of Rs.2, 80, 623.31/- on my name.

This is a case of fraud wherein my documents have been wrongly used for issuing a credit card on my name. The registered...
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P
pasamy
from Bengaluru, Karnataka
May 29, 2023
Resolved
The complaint is marked as resolved when a company has responded to the complainant, addressed his or her dissatisfaction, and came to an agreement where both parties agreed that the complaint is indeed resolved. However, a complaint can be automatically marked as resolved if a complainant isn't responding or updating a complaint for 30 days after the company has tried to reach the complainant.
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Resolved
The complaint is marked as resolved when a company has responded to the complainant, addressed his or her dissatisfaction, and came to an agreement where both parties agreed that the complaint is indeed resolved. However, a complaint can be automatically marked as resolved if a complainant isn't responding or updating a complaint for 30 days after the company has tried to reach the complainant.

Sub.: Reg. Request for NOC for Credit card and CIBIL updation

Dear Team,

My ABN amro card no. is [protected]

I have paid the amount Rs. 14399/- in the year of 2015 itself and no dues are pending. But it shows in CIBIL record that card is alive with PHONEIX ARC with Written OFF status

Kindly close this credit card and update CIBIL report too....
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S
Suryashekhar Das
from Kolkata, West Bengal
May 27, 2023
Sep 25, 2023
This thread was updated on Sep 25, 2023
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(Important) Multiple Unauthorized Transactions On Statement - Kotak Mahindra Bank

Address:India

Good Day Team,
Trust you are well -

To bring it to your notice, It has been observed there have been multiple unauthorized transactions on the bank statement starting from the financial year 2020 until 2023.

Team, to reiterate the transactions shared here are neither approved by myself nor was intimated to me.

Upon scrubbing through the statements, It was found a sum of INR 220.50 was...
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