Kotak Mahindra Bank Complaints & Reviews

I have bought grand i10 from samara hyundai-janakpuri in october, 2016. The loan has been arranged by samara with kotak prime for 3.5lakh. The kotak prime executive mr. Harsh committed that no extra charges/interests or any other fees will be in case of prepayment.

He had opened saving account for this in kotak mahindra bank and confirmed again that no charges will be taken in case of prepayment after 18 months.

Now, i called kotak prime and they are forcing me to pay around 5%+ gst on principal amount. I am planning to do prepayment of 60000 inr.

I have paid every installment on time but no importance is given to me by the kotak team. They are not replying me for this concern.

This is a "cheat" that kotak mahindra prime is doing right now with me. Kotak mahindra prime is playing double standard game with me.

Please help me on this case and waive off my charged for prepayment.

Regards,
Anil
Cf13525074

Recently i've applied for a kotak 811 bank account and the company people made me to complete the full kyc and then the ank person advised me to deposit an amount of 2000 in order not to my account freezed. After sometime i've received an sms from kotak with a link stating to deposit money in my account. I followed the link and payed 2000 through my sbi debit card. Money was deducted from my card but not credited in kotak account. Transaction id inv36a1a0784a71

Hi kotak team,

Please convert my salary account to savings account.
I no longer work in india. I'm getting continous mails regarding some service charges. Would appreciate if your team could check on this and convert my account to savings.
Please deactivate my demat account, will i get my last deducted amount for demat? If yes please tell after how many days of deactivation, i will receive the amount.

Regards,
Vijitendra kumar

My credit limit is 33k, from that i used 32300 rs. But remaining amount is there like 500rs to 600rs, but kotak bank has charged over limit fee:500 on 16th april, then didn't use my card but they are charging gst and interest day by day..
Then i paid before three days then y should kotak bank has to charge auto debit failure fees.. Please deactivate that auto debit option to me. My account number is [protected]

Regards,
Pavan

I send money kotak bank to other bank using upi but other bank not credited money i transfer 100 rs two time. When money not come other bank i complain to kotak bank for it. After the complain 100 is credited return in kotak bank but 100 rs not come to bank in kotak or not credited other transferred bank i send transaction number or reference no.[protected]

Today at 12.08 pm 1233.4 rs got debited from my card without my knowledge. I called customer care and got to know that my card details were shared in website name river digital and thats how it got debited. I never did that and filed a complaint. Please refund the same amount to my account. It is a fraud

Trasaction reference no[protected]
Date - 3/6/2018
Time - 12:08 pm

I didn't utilise my total limit on my credit card still remain there will be 500 to 600 amount, at the end of the month that goes to -1500 cause of overe credit limit. And that too i paid minimum then also they will charge auto debit failure charges. Bloody services my account number is [protected]... And please deactivate that autodebit.
Regards,
Pavan kumar. K

I had received call from you recovery agent mr devaraj,
He refers himself to be advocate but the way he spoke seems gunda or rowdy, when i asked details of the loan (Citicorp) which he said i bought in 2008, he started abusing me and threatening me that there is arrest warrant and says who dont have any right to ask question and he say wait for a week and say save your # and hide whereever you want i will come and pick you. I dont...

Hi,

Myself megha r koshy, having a policy with kotak no is.02789386, (Park street branch) which i have been continuing this policy from past 4years and since i no longer stay in india so much would like to discontinue this policy and also due to lot of other issues faced with kotak.

Even after several followups the best part is no customer care even bothers to revert or entertain because they dont find it important, incase if it is related to a new policy or payment oh yes then you are entertained to great extent, anyways am sorry to say that i have to take this to consumer forum because it no longer works this way.

Kindly request you to revert back with a solution to the above mentioned issue.

And also suggest me someones contact number where i can speak and explain the problem properly.

Thanks & regards,

Megha r koshy

[protected]

My bank account in your model town delhi branch has created a dummy charge in mca for rs 100 lacs on my company.

The said charge for rs 100 lacs was never availed by us but on checking during a new loan being taken by us it was found that this charge is standing in our company name.

We met the branch incharge and he wants 15 days time, we cannot afford and request closure of lien today. Sincere request it is sos urgency pls.

Our company name is rdc steels and allied services and old a/c no. Is[protected].

10 emi regular 1 to 10 date and your agent payment let. 11 to 20 date. And not regular rcevie payment and you are panlti to costomer your agent folt and payment customer received. What is this

It is shere my all friends and all family by whatsapp and facebook twitter all sociaal media. Is screen short.
Your agent neme anirudhshingh. Halvad

I am a kotak credit card user and this call was regarding the kotak credit card bill payment. I got a message from kotak when the statement was generated yesterday (30th may 2018) in which the due date was mentioned as 15th june. Today i got a call from a kotak executive and he was forcing me to make the minimum payment by tomorrow ie. By 1st june. When asked why, he started talking rudely. His name is suraj singh, [protected]. He is a total goon. His junior pedro dias [protected] uses languages such as "*my name* ko utha le jaunga". I have a proof of his dirty abusive messages.

Unfortunately, kotak has hired goons and gundas of the world in the recovery department. This kind of a behaviour is not at all tolerated. Please suggest, as i am planning to take a legal action on this.

It almost 3 4 month of opening 811 account and applied for debit card. They have charged me for debit card but yet nothing is received they are saying the delivery person is unable to find my house but how that is possible when amazon flipkart postman every one can find my house but how is that possible if 811 is unable to deliver my debit card then close my 811 account asap

Hi team,

With respect to my above stated car loan had recently applied for a top up loan with kotak. For which a new crn ie., *3810 received a credit of rs. 412752 on 28th may 2018.

Interest rate towards my car loan was confirmed as 9% during sanctioning of the loan however, when the welcome kit was received it is bought to my notice that the loan disbursed was a collateral loan with 15% interest rate which was never my requirement.
Also, it was then brought to my understanding that the emi of inr 14800 will be deducted from kotak saving account plus the inr 12000.00 emi will be deducted from my standard chartered salary account.
This came in as a big surprise to me since the conversation that i had with executive was totally different to what it was presented.

This was clearly a miscommunication on the product. Since, the executive did not understand my requirement and proceeded with loan approval.

Am really not sure how the cts calculation was done by the bank during the processing of this loan that this eligibility was derived since, my income per month is 66000.00 and i have a personal loan of 13801 + joint homeloan with emi 34100 + car loan 12000.

I am really frustrated as well as disappointed with the way the process of this loan has taken place which has put me into a financial crisis which will lead to defaults registration under my cibil history.

Hence would request you to cancel the loan that is been approved and retrive the amount from the kotak saving account with above crn.

Would request you to kindly take this email as a written confirmation on cancellation of the above loan.

I am happy to walk up to a branch to get this sorted and if needed i would lodge a complaint in consumer court since its my financial obligation.

Hope i will get a better solution for my complaint.

Regards,
Museeb syed

Dear sir,

I'm holding salary account with kotak mahindra bank for the past 7 years and maintaining good service with them. For the past 4 years kotak mahindra bank is debiting 330rs+12 rs on may month stating that it's for prime minister insurance scheme, where as i've not at all opted for this bloody scheme.

I don't know how they are debiting my hard earned money without my signature on standing instructions. When i called customer care for the past 3 years they didn't give proper response and yesterday i've approached parry's branch, they also not giving proper response as they don't have records that i've opted this scheme.

How come you debit my money without my confirmation. I want the money back (Last 4 years) which was debited to credit back to my account.

My bank account number is [protected]

Regards,

Yuvaraj.

I am suresh, i've joined kotak probationary officer program in 2013 at manipal, at the time of joining i did submit my original academic certificates (10th, intermediate and engineering). Latterly, i've cleared my kotak personal loan which i borrowed 4 years ago. All my colleagues who have joined with me had received their original documents already two years ago however i'm the only one still wondering who to contact to get my certificates back. Please, could someone help me in this regard.

Regards,

Suresh

Hi
This is inform to that my account Ballance not update kotak bank side and also complaint registered but no buddy response
[protected] amazon refund my Ballance but no any update bank side
I am contact kotak bank helpline but hi is not found any update bank side so what I am doning because my Ballance is invisible
Please any busy help bank is unnesserry charger account and no confirmation customer no received any msg this is very poor policy is kotak bank.
Please help me
My account[protected]

As i'm no longer employee of previous employer. The salary will not credit to my account. Request you to please close my account contact me on [protected].
It was previous companies responsibility to deactivate the salary account as i am not associate with them for long time. Even i had requested the same. If i am not associated with them then how can i maintain the balance. So requesting kotak team to close my account.

You can contact me on - [protected]@gmail.com

Mere closing letter dene ke bad bhi paisa cut huaa or bank ki galti hone per bhi refund nhi aaya jo ki 23.60 rs tha. Same day 1062 cut huaa uska koi resoan nhi bataya gya so me aapko complain aage government ko ker rha hu. So aap ya to mera paise return deve ya me aapki complain court me submit kera deta hu or aapka bank se me account close ker deta hu

Sir,

My name is preetham reddy took a loan with worst and filled with criminal bank kotak. I get nearly 30 to 40 calls a day from kotak speaking to in bad language, threatening and mentally harassing me am unable to work in my office. Loan account number spln59659611. Please help me out to file a legal complaint against this bank. I never expected this kind of rowdies are running this kotak bank.