[Resolved] Kotak Securities — Worest Experience With Kotak Securites

kiranmac123

from Nellore, Andhra Pradesh

Address:

Hyderabad, Andhra Pradesh

Hi We had very worst experience with kotak securites. Company 'Kotak Securites' to us for placing sharing into there demat account. Due to serverial interaction with executives we place around 50 lakhs valuable assest into kotak securites. After some months, we found they are trading with our account selling and buying some share which are not into my demat account. when ask the executive they said its wrongly added into your account we will correct it. (This has been found with statement unknown company trade). This as been continued since we are busy with other work unable to concentrate on demate acount, Finally deccided to close account with kotak securites from 50 lakhs it came to 5 lakhs. (this is what my experience with Kotak securite) 50 lakhs to 5 lakhs. 45 lakhs is not small amount for a trader. Its a life hole family. Pease take care when you trading with those kind of securites. there are many other companys like this, I find kotak is one of them.

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Complaint marked as Resolved

Kotak Securities customer support has been notified about the posted complaint.

Verified Support

Feb 24, 2015

Kotak Securities Customer Care's response Hi Kiran,

We regret the inconvenience caused. We would like to connect with you to resolve the matters you have highlighted in the post. Request you to share your client ID and contact details with us at ks.[protected]@kotak.com for us to get in touch with you at the earliest.

Regards,
Team Kotak Securities