Kotak Mahindra Bank Complaints & Reviews

I am fade up with kotak mahindra bank since last few months, no response

Recently i faced problem with the bank i. E.

As on 20th june’16 my account balance was rs 1271/-and as on 22.06.15 balance is zero even i have not done any transaction.

Without any transaction how account balance became zero?

Why standing instruction of rs 1000/- has been failed even though the balance was there in my account?

I have sent mail to service. [protected]@kotak.com on 22nd june'16 but no one has response till date even i spoke to their representative but no answer

The bank is literally cheating

Refund amount 299 Rs. still not credited to my account. I did total 1856 Rs. payment for amazon.in from my account number[protected] using ING Vysya Debit card ending with 1009 on 23rd May 2016 with reference number[protected]. One of the order of 299 Rs. was cancelled so I am expecting refund from them which is processed by amazon.in at 31st May 2016.

I already sent approx 5-6 mails regarding the above explained but still no resolution happened.

Last response from Bank was as follows:
Dear Mr.Bharambe,

Thank you for banking with us. It is our constant endeavour to make your banking experience easy, safe and rewarding.

This has reference to your email dated June 09, 2016.

We would like to inform you that, we have raised the issue to our concerned division for having the same checked and we shall revert to you at the earliest. We request your co-operation in the interim.

The reference number for this query is 1-[protected].

For any further communication with the bank regarding this request, kindly quote this reference number.

I have a salary account in Kotak bank. Initially my billing address was company's address(Mumbai). Later I was relocated to Pune.

Then I visited local branch and submitted my companies letter pad to change my billing address from Mumbai office to Pune office the refused to do so.

When I asked the same with the People's officer they refused saying that we wont accept any letter pad as Prof.

Then how they opened my account with company address for the first time? Cheaters...

They need just an account... They wont even bother about customer...

An executive from the bank called in and said if there is 1000 bucks in your account we can immediately transfer the money..i want my money anyhow today...if not i will lodge fir
Plz help me to get my money
Is there any web rbirefundgateway.com
Kotak is misleading me every now and then
They are harassing me
This bank is a fraud...
...cheat...insane
I'm in need of money for my treatment

Hi

I am pradeep with account number [protected]. Past few months i have charged for tbms, since this is a salary and zero balance account. A complete fraud is this from kotak bank. Planning to take this issue to higher level and will try fullest to move my company's account to some other bank.

20/06/2016 chrg: cw fee/[protected]/[protected]/140516 tbms -19. 23 0.00
20/06/2016 chrg: cw fee/[protected]/[protected]/180516...

I have opened saving account with (3 in 1 account) in kotak goregaon east branh in december 2014. I have also applied for auto sweep facility during the application which is also confirmed by branch. However same is not updated in system accordingly till 4th feb 2016 when i get to know that i am receiving normal saving interest instead of term deposit interest rates. I have complained about it and it was activated around 10th feb but what about interest prior to that period.

Branch as well as customer care is not taking my complaint.

I rajesh chugh i have a ex employee of kotak life ins. Co ltd. Yamuna nagar haryana my emp. Code is om8863. I have applied pf before one year dated 05.06.2016 i sent all documents from india post vide tracking number eh[protected]in but not rec. I have recevied a massage that your case is rejected i was going kotak life insurance office yamuna nagar but the branch manger sanjeev gulati and isha gaba they told me i could not help in this matter sir you plz look after into the matter i suffer from 7 yrs i am your ex employee i want all my pf amount with intrest transfer in my bank a/c for account verification i already send the all documents balance is credited or not. So please kindly check it and reply back.

Regards,

Rajesh chugh
Cell no.[protected]

Dear team, I was reliance trends borivali west on 19th june, 2016. My card was swiped twice but the bill Is for only 1 transaxtion.
How will my money get credited into the account as per the billing counter person the first transaction failed
The reference no for both the transaction are[protected]
[protected]

The transaction was of 4400/-
Request you to look into the same ASAP

Sir,
I have been using crefit card of kotak since last 7 months this time i failed to make payments, and intrest have been added to my amount (a) auto debit failure charge, i never applied for this facility
(B) i get call from your exectutive she behaved fantastic which really shows how ethical and great kotak work with its customers
And i have blocked my card a month back and have requested for emi conversion for payment and still no action has been taken for this, but you guys are keep on adding more interest and charges to it, truely speaking i have been with other banks as well but never experienced such thrash before.
I would suggest people go for kotak card at your own risk

Hello sir,

I was withdrawing 400 rupess from kotak atm, it was told only 500 rupeed denominations are available. Then i tried to withdraw 500 rupees and i just received rs100 from the atm. And 500 rupeed was debited.
I lost 400rs

Atm location : midc knwlodge park, mumbai
Transaction ref : atw/[protected]/midc knwlg prkmummhin
Ref no.:[protected]


Please verify this...

Hello Consumer Complaints Team,

I have an account with Kotak Mahindra bank and it’s a corporate salary account. My CRN is: 69219682 and Account Number [protected].

This was opened as a salary account for the company Flexsin Technologies with the Sector 63, Noida Branch back in 2013. I am a former employee with this company. I left my company in March 2016. Presently I started working for AKS Interactive solutions Private Limited which is in Okhla Phase1, Delhi. I was being provided a checkbook with the number [protected]. Which was a wrong checkbook and I have attached the scan copy for this one. This checkbook belongs to Mr. Jitendra who also have an account with your Kotak Bank. When my current company (AKS Interactive Solutions) asked for the account details and I provided them the same account which is [protected] and they transferred amount of 27040 INR on 27th of May 2016. This amount is being received my this account not mine and that’s entirely Kotak Mahindra Bank’s fault but I am the one who is visiting your bank without any joy and there are no positive results yet for me.

The other issue is our company provided them my name and others account details so details did not match with each other and they still through the payment and I am the one who is facing loads of problems at the moment cause of this. I have attached the wrong Checkbook issued and my employment Appointment letter with AKS Interactive.

I am emailing you from the registered eMail with this account please take a quick look into it for making my life easier and I will be more than thankful to you if the issue is resolved.

Thanks

Sincerely

Dev Prakash

I am the a/c holder of kotak mahindra bank from last 3.5 years; i am having corporate salary a/c,
They have charging for cash withdrawal at non home branch under the gsfc category.
They are deducted money 3 times when i am opened this account they don't have such charges (Uplaoded image) i have visited my home branch hadapsar, magarpatta city road, pune, maharashtra. But they are not having any clear idea on charges on what...

I opened a TD on 14th June 2015 of Rs. 40, 000 @8.5% interest rate. The maturity amount of the TD was Rs. 48, 960 and was maturing on 15th June 2016.

On 15th June 2016, the TD matured normally but the maturity amount credited was only Rs. 48, 743 (Rs. 217 less than promised maturity amount). I even got a mail of Term Deposit Maturity stating that my maturity amount of Rs. 48, 960 has been credited, but actual amount credited was Rs.48, 743.

Its not a matter of Rs.200, but I have multiple FD's with this bank. And if this is going to happen to other FDs, I need to close them all and transfer it to other bank where they are more transparent to the customers.

I hope the concerned authorities can resolve this issue.

My home loan got closed in 2015 august. I went to the bank for closure, and gave a written letter, but did not get response from the bank. I also, did not check with the bank.
Later, i updated the bank that am busy and would be collecting the documents soon. But, still no confirmation.

On 2nd may 2016, i visited the home loan section in mission road, bangalore. The lady who interacts with customers told me that i will get a call within 10 days, but still not update.

Am mailing them since then, but there's no initiation of closure. And i have not yet received original documents from bank.

Dear sir i have the credit card of your bank i am paying your payment regularly.but this time i receive call from you and they misbehaved with me .she telephone me on saturday 11 06 2016 reg my payment .i told her that i make payment on monday because i was out of station then again she argued with me regarding to send executive .i told i dont required i deposit cash on bank .again i recved another call on evening on same day . i received call on monday again she ask same question i also told same thing again she ask what time you will deposit if i told i deposit monday then i have to mention time it naturally in banking time but she argued with me again she call me on near by 6 pm again she shouted with me and i also shouted . sir why your person behave like tapori i used your card i have to make your payment if i make late payment for that you charged penalty .if i promised you i will pay monday then you have to wait for monday evening why you tortuterd customer like tapori type .if you think that lady will shout i will tollerate sorry sir i cant so kindly told her that i make payment monday i paid this on monday 3pm after that your person call me for payment. before call to cutomer you have to check that party make the payment or not .sir i make deceision that i have to surrender my card to see such type of behaviour.she threatend me to cancelled my card sir i also interested in this .sir you are doing business with me no any chrity is going on so dont talk such type of language

Mr. Ganesh kantilal mathur account in kotak bank and i had to remove my fixed deposit but there is some lin problem shown from credit card dept. So bank branch not allowing to withdraw they told me to call at customer care just to remove your credit card lin i had called there at spoken with 3/4 person (Abhishek/bhagayshree/bhanuja/manoj pawar & austin) with all details its had taken 20 days gone no information coming from them. Every day says we find it clear in two days days are stretching like a chewing gum. I need money urgently and they are not helping me
Hope you co-operate me from this problem

My mail id : [protected]@gmail.com

I was issued a credit card along with a proposed salary account. KMB has some tie up with OneAssist, which is stupid and fraud service provider. My credit card was charged for Rs1299/- stating it is a secured transaction when I had not even generated the pin for transaction. On calling KMB credit card services, they did not know what this service is and asked to call a number which did not connect for 19minutes. Again called KMB and raised a complaint and they said they have raised a ticket to OneAssist and the amount will be reimbursed in 7 days but it more than 7 days and no update on refund but only a reply to contact oneassist again. How can KMB subscribe me for a service when I have not knowingly signed for it? The rep who came never mentioned about this service and post this incident I have reviewed on assist services and felt it is a fraud services. Hence it is cheating from KMB to allow auto debit on my CC account without informing me and I need refund on this transaction.

Gireesh Kumar N N

Dear Sir,

It's being 3 years of loan closed, but till date i have not received Noc for same, since the time i had been calling called parveen who had done my loan but now he is not picking call and he left kotak bank, for same i had called on customer care dated 29th apr 12.39pm Ms.Rucha and Hema 6th may 3.36 pm, but nothing happened, you are requested to please issue NOC as earliest.

Loan Account No CF - 7259102 Loan Agreement Date 08-SEP-11
CRN (Customer Relationship No) 36121263 Loan Amount Financed in Rs. 1, 89, 340.00

with Regards..

Vikas kumar
[protected]

I had opened a trading + savings + demat account in 2010 and in 2013 - i stopped doing any transaction in the particular account. I had left a min balance to be maintained + scripts worth 8-10k in the trading account. I decided to close the account in 2016 and when i went the kg marg branch in delhi (Which was the branch i had opened my account in) told me that the process of closure would be step 1 closing trading and moving the proceeds to demat/savings account and then step 2 closing the savings/demat. They informed me i should get atleast 15-17k back once i close my account. I filled out all the forms and provided the same. After 1 week, my trading account was sent for closure and rs 8200/- were credited to my savings account. I went again to the branch to close the savings account and i was informed that i have a negative balance of rs (-9000) and kg marg is no more branch and i need to take up the matter with the new branch in noida.
I have never been informed about the change in branch by kotak mahindra firstly and i am informed that amc, nmc are applicable as the co had increased the threshold limit of min balance maintenance and now instead of rs 17k that belong to me, i owe the bank rs 9k. I decided to put a complaint and i was informed that now kg marg branch cannot do anything and i need to speak to the noida branch. I have tried calling the noida branch manager multiple times and mr anurag rawat (Bm) he says he is not aware of any such issue or any complaint registered by me and cannot help. Then some bank official mentioned that i have requested for the transfer from kg marg to noida branch and i was shocked and asked for any such intimation or documents which they clearly said they dont have. The bank has not appointed in rm or i have never received any intimation from the bank that such charges are being levied on my account. The complaint no given to me by the bank is 1-[protected].
I put up a complaint and wrote multiple email with weekly reminders to the bank's service mail id and nodal officer and its been over 45 days - there has been no response or resolution from this pathetic bank - kotak mahindra. Can anybody help and get my hard earned saving bank from this reckless bank.

Kotak debit card ending with 9574 was used for a cash withdrawal of rs.1000 at +dwarka sector 7 offsite atm on[protected]:44:42
Account ending with 8814 has been debited for the same.

The transaction reference no is[protected].

Rs. 800 came out from the atm machine instead of rs. 1000.
I have made several complaints regarding the same but still waiting to get the balance back.

- tarun vidhani ([protected])