Kotak Mahindra Bank — Kotak payday loan scam

I needed some money so availed of Kotak payday loan. I got almost 78000 Rs. on 23rd Nov and amount about of Rs. 81000 was debited on 27th Nov. Why would I take a loan only for 4 days to pay them almost Rs. 2000?
This is unfair and a scam.
Was this information helpful?
No (0)
Yes (0)
Kotak Mahindra Bank customer support has been notified about the posted complaint.
Complaint comments 

Comments

Hi! We request you to kindly send us the mail at Social.[protected]@kotak.com along with the registered number or CRN for enabling us to assist you further. ^Team Kotak
The same happend with me, gave 96000 and debited 100000 in four days. Now they are still asking me to pay over due charges and late payment charges. Sad part is they don’t provide any customer support for this product or scheme. I say that’s a scam not a scheme

Post your Comment

    I want to submit Complaint Positive Review Neutral Comment
    code
    By clicking Submit you agree to our Terms of Use
    Submit
    Kotak Mahindra Bank
    customer care contact
    Customer satisfaction rating Customer satisfaction rating is a complex algorithm that helps our users determine how good a company is at responding and resolving complaints by granting from 1 to 5 stars for each complaint and then ultimately combining them all for an overall score.
    Read more
    29%
    Complaints
    4806
    Pending
    0
    Resolved
    1326
    Kotak Mahindra Bank Address
    27 BKC, C 27, G Block, Bandra Kurla Complex, Bandra (E), Mumbai, Maharashtra, India - 400051
    View all Kotak Mahindra Bank contact information