Kotak Mahindra Bank Complaints & Reviews

On 18th of MARCH, 2017 i received a call from kotak bank for some zero balance account. i applied to KOTAK, like zero balance account on[protected] and i Transfer 5000 INR to bank then and there for same i have got receipt from then. i received cheq book on[protected] but didnt received debit card yet i complaint on customer care for this and they registered my complain and after 2 days kotak call me and say that sir we dont have knowledge for this debit card kindly visit to your branch ..I mean Really...
i called a man who opened my account he said that sir sorry u have to apply for another debit card he said im on holidays for 8 days when i come ill apply for u i mean what the **** is this ...and THE BEST and main part is the ****ing kotak bank cut 350 rupees from my balance as a annual debit card fees that i havent received yet i didnt receive card ... account open man said u have to apply for another card and bank deduct 350 rupees for debit card...i want complain that kotak bank is frauder do not open account...and i need my money back or debit card asap
VERY DISPAPPOINTED FROM YOUR SERVICES, DIDN'T EXPECT THIS KIND OF BEHAVIOR FROM YOU PEOPLE.

Name: Mr. Bilal Rehmani
Transaction Date: [protected]
Funding Amount: 00005000.00
Registered Mobile NO: +91 [protected]

TBMS charges are applied in my account without any information and they deduct my balace without any massage and don't received any debit massage I was charged three time 517.50 and 690 and 17.50 Rs twice for month of sept, oct and march This is my 0 balance salary account please solve this matter.
Regards
Sunny
M.[protected]
[protected]@gmail.com

On 24th of MARCH, 2017 i saw a mail stating some account facility given by KOTAK bank on same day have applied to KOTAK, like zero balance account have Transfer 5000 INR to bank then and there for same i have got receipt from then.
Till then there is no response from bank side have called them several times a day but there is no response, even i have registered a complaint against this.
today is 10th of APRIL, Nothing has been given by bank to me as of now.
they are keep on saying that the need more time there is no response from back end, i wanted to know if you cant deliver some thing why you highlight that,
VERY DISPAPPOINTED FROM YOUR SERVICES, DIDN'T EXPECT THIS KIND OF BEHAVIOR FROM YOU PEOPLE.

Name: Mr. Rahul bahri
Transaction ID: 207030
Tracking Number: JS02414060
Transaction Date: [protected]
Funding Amount: 00005000.00
Registered Mobile NO: +91 [protected]

Can anyone help me telling how can any bank charge service tax and interest for Rs.1000 due in someone's credit card for 4 times on same date?
For 1000 rupees due, they have charged Rs. 669 as interest and service tax. That too, the payment was made well before the last payment date.
KOTAK Bank...You are great.
I need help from consumer forum. These people charges service tax and interests as many times as they want.they always charges some amount without our notice.previously also they have charged wrongly.this time it came to my notice as i have checked the transaction history.
Please help me in this regards.

Document Submitted on 31/01/2017

Documents rejected with query stating LLP agreement does not contain incorporation date in it on 10/04/2017.

it took more than 2 months to them to realize it?
and Incorporation date and status could be verified online very easily. and our PM would like to promote Digital India with this kind of slow runners?

Also, A BANK, would you believe does not have SSL Certificate. Image attached.

This is what PUSHES India Back.

Hi,

This is venkata nagarjuna,

This is regarding my payment deposit of rs. 2000/-.

I opened kotak811 and deposited 2000/- through link i. E (Dear thiruveedula nagarjuna, go to http://t.payu.in/fiMFaz to deposit money and complete the account opening process). While kyc activation time. The same still not yet posted in my account. I got payment confirmation the same has been attached for your reference.
My crn number.[protected]
Please reply as soon as possible.

Transaction id inv54ff99120

Kotak Mahindra Bank — Personal loan High Preclosure charges


I took Kotak Mahindra Personal Loan one Year back.My Loan Account number is 59768596. I was told there will be zero preclosure charges after one year. I am a EX staff of KOTAK MAHINDR BANK Now when it try to preclose the Loan, I was Told it is 5% of Principal Amount.
This is a Very unfair and unethical of Kotak to lure people to get Loans saying zero preclosure charges and then asking them to pay a hefty 5% .
This Very bad experience has left me shocked and i am looking for further
coarse of action. I being a ex staff i prefer this high charges to be waiver off. None of the bank will charge for the preclosure charges. it will be 0% every where. I am not doing balance transfer or something like that i am closing the loan by paying cheque. M G road Customer care staff Ms Lohitha doesnt have the basic courtesy to tell that we will look into this when its been told to waive off. I have been writing this to the bank officials to take necessary approvals to waive off the same as its our hard earned money how can they charge so much. We are paying interest for the loan we have availed why this much charges to be lured by the customers.
I am looking for further course of action on this immediately.
Regards,
Anitha

I have opened my salary account in June 2015. My CRN is 95111623. I want to close it as I am no more associated with that company. And kotak executive asked me to go to my home branch for closing account which is not posible for me. Also, I have received an email maintioning that I need to pay Non Maintenance Charges. Please close my account aa soon as possible.

Dear Sir / Madam,

Namasthe,

This is regarding my personal loan (SPLN[protected]. In July, 2016 month their is no sufficient balance in my account so that the reason my emi was bounced. Than I spoken to some customer care person and paid my emi with bouncing charges to MUMBAI KALINA kotak branch. So Later on I am paying manually to Mumbai Kalina brach. After July month I never maintained low balance in my account. But now some customer care people called me and saying that their is a penalty charges in the month of Dec, 2016.

Could you please confirm me what was the charges and why I need to pay it? and I have the bank statement for proof.

I am not getting the time to meet somajiguda banch people and get activate my ECS.

FYI: Starting of taking loan I activated ECS eventhough they are not deducting my emi.

Please email Me: [protected]@gmail.com
Contact No: [protected]
Hyderabad.

Thank and Regards,
G Ramakrishna.

Worst services i have seen in my life ...i need to generate a new netbanking password but you are blocking my account .u need to put money on my account but you are not unblocking my account and charging me lot in phones call..i will report in forums and update in facebook for your worst services .please i request don't go for this service and don't become fool .

Dear Sir,

My EFT account from Amazon.com could not be credited till date.

EFT No =[protected]
Party - Amazon.com
Status - Paid
Paid Date - Mar 31, 2017
Type - EFT
Amount in $ - USD 25.77
Rate - 65.26
Amount - INR 1, 681.77

As per the above particulars the amount was paid to the Bank but not credited in my account No [protected].

Pl look into the matter and resolve soon.

Thanking you

Krishna Kumar Singh
+[protected]

First of all, Highly disappointed that there is no clear email or phone number to contact regarding the issue.
Kotak Mahindra is my tenant for ATM at Korattur, Chennai
Agreement formed with the Bank for rent of Rs.15000(excluding service tax) from 01/04/13 to 31/3/16, and Rs.17250(excluding service tax) from 01/04/2016 to 31/03/2019
we have reached 2017 but still i haven't received escalation of rent and i am receiving only 15000, 2250 escalation amount not received for 1 year now.
If Banks don't pay their rent correctly according to the made agreement then who else will?
Legal notice to follow if not resloved.
Vijay([protected])

That I am holder of A/C No.[protected], Branch At Saket, E-Block, New Delhi,
That I beg to say that I was gone to withdrawn balance a sum of Rs. 6, 000/- on dated 07/03/2016 around 6:03 PM at Axis bank ATM, Near Mehrauli Bus Stand New Delhi, but that time when I tried to get a above said amount, I have puted my ATM card in above said Axis ATM, also with ATM Pin, then ATM machine was counted my above said Amount but above said Amount cant withdrawn by above said ATM, and I have get Blank Receipt, even I have told this information to the guard of above said ATM, he said this ATM machines server has already down since morning, after that I had gone another ATM where I withdrawn a sum of Rs. 6, 000/- after some minuts, I have received that my balance Rs. 6, 000/- is already withdrawn from my account, after that I have gone again that Axis ATM, I have told the information to the ATM Guard he said no balance is withdrawn after your gone, that after on dated 8/03/2017 I have gone my Branch at Saket, I was told all information to Mr. Pankaj as a service Manager, he told me, you first register your information to customer care of No [protected], after that You come, so I have given all information to customer care, they said me your balance will come within 10 days, I was wait, but when my above said Deducation balance not come, I have again gone to branch and told Mr. Pankaj, then hel said again for wait, one week, I have waited, but finanly balance not come, I have gone again he said me you give me FIR, I have given, he said again, this prosejor will completed within 4 days, I have waited after that I have again branch Mr. Pankaj said again, that Axis bank said me, that we have trying to get CCTV Photos, I said how much time you will get to done it, he said I don't know, .
so I want to say, if my work will done within this week, I will go to consumer court, becoz I have tried so many times for own balance, they are not do my work fast, they has taken so many times, ,

I have enclosed FIR pls check it,
from Lucky Patel

Hi,
I've downloaded 811 app. App concept is very good but in terms o[censored]se it is pathetic. Full page advert stated that bank account can be opened in 5 mins, i being existing credit card customer could not open even after 8 days of aadhar verification. Wrote an email 7 days back but no response till date.

When opened the app, it gave 2 options new registration or log in using crn. I used crn as i am credit card. Customer.br...

Acct no 4040cd00003595 with bajaj finance (India) limited, was purchased by kotak mahindra (Acct no bf3c023368). The pending amt for this acct was paid by me and the acct was finally closed by kotak mahindra in aug 2016.

The noc was fwd to me by kotak that this acct stands closed with a promise that cibil will also be informed simultaneously so that my cibil report can be accordingly rectified.

However my cibil report never got rectified and on raising dispute with cibil i was informed that kotak has not intimated the closure of acct.

On my fwd the noc, issued by kotak, to cibil i was informed that the dispute raised has been sent to kotak and this acct will be closed only once intimation is recd from kotak to cibil against the rised dispute. Cibil has already sent five to six reminders since feb 17 to kotak but in vain.

I have also spoken to kotak customer care and fwd the request via email for taking necessary action for info the cibil to close this acct. I have been given false promises by kotak that action has been taken but the reply recd from cibil on 07 apr clearly indicates that the acct has not been closed by kotak till date.

Pl do the needful to avoid unnecessary harassment being caused to me since last three months.

I have been attempting to get a NOC from the bank for a personal loan that was closed in Oct -16 and so far haven't been successful. Several emails have been sent with their standard blurb they will get back to me in 5 - 7 days. Is banking a joke or dealing with such bankers an issue. Can this be reported to RBI or consumer forum

Loan Account Number : ISPL190655.

Dear kotak team,

I am ready to pay the emi. But you are not ready to resolve my simple problem.

Am trying to call you have mentioned the contact no. 67175837 in the email but no use.

And also I have taken acknowledgement copy for submitted complaint in the bank. Next I ll go ahead with consumer court.

Acknowledgement copy attached in the mail. Find it.

I did not seen this type of cheating, beggers, rascals in your service. I have spent and spoke with your customer care executives and bank officers nearly more than 35 times. My correct the date by date payment taking but not reasonable to extra amount debiting Rs 16500 (Jan 2017 to April) to continue debited but your team not respancibal persons

Dear Sir,
over of 1.5 crore we are enjoying bank service
for last 7 to 8 years.
1. Patel Industries A/c No. [protected]
2. Poonam Industries A/c No. [protected]
3. Hiten Industries A/c No. [protected]
4. Poonam Plast A/c No. [protected]
5. Pavan Enterprise A/c No. [protected]
please increase the time in TDS and othe Etax.

COMPLAINT LETTER
To whom so ever it may concern
I ordered a phone from www.amazon.in on date 31st March 2017. Order was confirmed immediately.
The payment was done through Kotak Mahindra Credit Card for Rs. 31998.
Few hours later I received a message from Amazon that the order is declined as payment has not been received.
I made a query with Kotak Mahindra Bank and as per them the payment was done.
I again enquired with Amazon regarding the same, as per them they did not receive any payment from the Kotak Mahindra bank.
From 31st march till 5th of April I am continuously in touch with Customer care of both Amazon and Kotak Mahindra. Order is still on the stage of Declination. No proper assistance received from any side neither Amazon nor Kotak Mahindra, despite of calling them for hours and hours.
On 6th of April I received one more text message from Kotak Mahindra Bank which read as “ We are pleased to inform you that your request of conversion from transaction of Rs 31998 to EMI has been successful.’’ ?
What am I paying EMI for when I have nothing in hand? What is Kotak Mahindra pleased for ? For charging EMIs for free ? Insane.
This Kind of service is Unbelievable from Kotak Mahindra Bank. I am wasting my time on this
small matter since 31st March. This should have been sorted by now being called the most prestigious bank of the nation. Instead of looking into the matter properly you guys have now started my EMIs over this.
I am not going to pay a single penny against interest and basic amount 31998/- until I get this matter sorted.
It has been 7 days I have no time to invest in this matter when I am not at fault. I am a full time working employee I expect your serious concern regarding this. You have whole teams running for these matters; I don’t get what they do in real. I may have to take this matter to the Consumer forum If I see this matter being dragged more. I have been fooled by both Amazon and Kotak Mahindra. I wont entertain this anymore as a responsible customer.
Do take required Action ASAP!!!
Abhishek Rawat [protected]

Dear concern,

I paid Rs.5, 000 on[protected] for opening of new Zero balance account.

Tracking ID: JS02396987

Its almost 15 days, till now account not activated and did not receive any update from your bank personal.

Kindly do needful for account activation or Refund the paid amount at earliest. your bank doesn't have a Email ID & There is no web link to check application status. I am not at all satisfied with your bank service.

Thanks & Regards.

A.Sandeep Reddy
+[protected]