Kotak Mahindra Bank Complaints & Reviews

Hi, My name is Juzer Zoeb Motorwala savings account number ******9528. We had opened this account through an agent named ANAND contact number - +[protected] in November 2014. At the time of opening of account the agent told us that the account number would be[protected]which is my dawoodi bohra ejamaat number). Which eventually never happened. Also we were promised that the account would be 0 balance account which I see is not...

So I have faced the worst experience with Kotak Car Loan department. I have a current car loan with these guys for about 2.5 years now. I have been regularly paying all my installments well in time since the beginning. It is very disheartening to know every now and then they come up with some or the other additional charges due from my side. The best part is that even my loan account statement is forged in a way that it shows outstanding...

Dear Sir/Madam I Arjun Kumar holding a credit card of kotak Bank and since member last 6 years i am facing problem last 4 months back related to address change i have already submitted the all document 3 times but still my address is not updated and mail confirmation from kotak bank updated city name wrongly. so i want solution for this matter and kotak bank executive demand every time address proof i have already submitted.bank executive...

I am receiving continues calls from 0 [protected] claiming that they have unsettled dues of ABN AMRO bank which is now being taken over by Kotak bank. Somehow they accessed my Facebook and also calling my associates when I denied to settle this over phone. I have the issue happening for past 10 days.. and don't know how to get rid of them. Please help...

I worked with this NGO for couple of years. They were into senseless activities. Their primary goal was money laundering They are owning Kotak Mahindra Bank, Mutual Funds etc and were just rerouting their black money through this NGO. Their paper work is very well done and neat clean. Its hard to find any discrepancies in their documents. But they are not genuine NGO( which NGO is). Most of the staff they have appointed are well...

I would like to share the bitter experience that I have had from Kotak Mahindra Bank.After changing my salary account from Kotak to Citibank in the month of March 2014, without any prior notification or intimation, continuosly an amount of Rs 842.70 has been deducted from Aug 2014- Oct 2014 per month and an amount of Rs 561.80 from Nov 2014- Feb 2015 monthly as non maintenance charges.I have faced a total loss of Rs. 4775.30 which is...

Hi, I have a complaint for Kotak Mahindra Bank. I have an account in Kotak Bank. One day they called me for giving a credit card(which I have not applied for) for which I refused and asked them to cancel it. Then they said "Ok sir we will cancel it". And then within 5-6 days credit card was delivered to my address. And then they activated cpp plan on the credit card and sent me a bill of 1400rs. I don't know why the bank is doing such...

To, The Grievance Officer/BankManager, Kotak Mahindra Bank, Madhapur Branch, Hyderabad. Sub:- Imposing of varioussurcharges(TBMS etc) on my account. CRN 34402997 Sir, This is to bring to your notice abou textra charges levied on my account number [protected]. This is a salary account that I have opted to take about 3 years ago. 6 months ago I have changed my company from IBM to TCS. I would have...

Some goondas claiming that they are the employees of Phoenix ARC a subsidiary of Kotak Mahindra Bank were assigned to collect dues from defaulters of ABN Amro Bank. Even though my credit card account was closed and the remaining balance waived off, the said persons threatening me over phone to settle the alleged dues immediately. During the year 2005 the said ABN Amro Bank voluntarily through its executives approached general public and...

I, Mr. Pankaj Tiwary, like to inform all that kotak mahindra life insurance ( AC Market Branch, Shakespear Sarani) I joined last year. The team of Mr. Subhankar Banerjee (DM) & Sayani Das (CAP) under Sayani Das. She told me to bring policy of amount Rs. 2, 50.000 lac & I have to recruit 5 candidate under me this is my training sassion. After my training period I will get salary of 10, 000/- after 6 month my salary will be 20000/-...

Dear Sir, My name is D.Senthil Kumar from Chennai, my self and the bank Kotak Mahindra have no relationship in any course of banking activity and also I don't have any account or loan or credit card with your bank.But today i got a call from Swetha claiming herself from centralize department and was infomred that the call was in regards to an outstanding loan taken by James Jude Fraser and he is not giving proper response when he is contacted.i...

I regret being Kotak customer.Such a horrible bank.I had credit card and company salary account with Kotak.Credit card settlement done verbally. no one gave settlement letter. after all the settlement funds are paid. buggers are asking for more funds. Such a bunch of cheats.on top of that they ceased 12k from my salary account without any intimation. Can someone help me bringing them down to their knees.i'm ready to spend as much as required....

Kotak Mahindra Bank cheated in all possible way. First of all my request of cheque change was never processed inspite of submitting application for the same. Then inspite of clearing all payments, their collection team misbehaved with my family and now the have levied collection and bouncing charges of Rs 65, 000/-, which is not justified in any way. I wanted to settle this amount but no one from Kotak Mahindra Bank is taking up this issue....

Dear Concern, This mail is in reference to the Account, I want to close the account as i have been cheated by the bank .. when the account was opened it was told to me that it was my Salary account and No Min balance needs to be maintained . But Your bank has unnecessarily charged some penalty and that too no of times. No update as why this amount is being deducted No update on deduction though i have taken the paid service for...

I have an account with Kotak Mahindra Bank Ltd. as a Silk Savings. I have been entitled to free PVR Movie Tickets and other privileges being a Silk Customer on minimum balance maintenance and minimum spends through the car. after subscribing to this account i never had an issue, but suddenly July 2014 onwards after a new account apart from this account was opened with KOTAK, since then all my privileges and movies tickets etc....

I had applied for Kotak Credit card when i got a call from their representative that they can get my card delivered within 7-8 working days. I required to transfer balance from other card to a new card and I gave all my papers the same day. I called the same representative several times to check my status, but he didn't pick the phone. Then during the verification call i recieved, i told them I dont want the card as they were delivering...

I made a IMPS of Rs 6510 from KMBL to Axis bank (Ref:[protected], the amount was debited from my KMBL a/c and is not credited to Axis a/c. I was told it will be reversed shortly but I don't know when it will reach my account. It's not fair to hold the customers amount for the banks transaction failure. So please do the needful....

Sir, Kotak has been unconditionally deducting the amount (Rs 561) in the name of maintenance charges (TBMS). Whenever complained about the same, they says it is a valid deduction without even bothering to check for the request. After forcing them to do so, will apologize and promises to refund it back to the account and this has been happening for 3 months in a row.They deliberately delay the reversal so that it is again deducted...

Hi my name is Arvind Vishwakarma my CRN is 47107112. I use to have Kotak credit card which I have used for more than 1 1/2 year where they was no delay in my payment. Due to some financial crises for 3 month I was unable to make payment so in fourth month they had put a block on my salary acc. When my salary came to my acc 16000 was blocked, now my credit limit was only 10000. Where my principle usage of the card was 9800. Still I thought...

Respected Sir, My Credit card is approved on 14th february 2015, but still now i didn't get my card. i check the status of courier it shows consignee address is incorrect, i contacted the courier service they said that please inform to the shipper to change consignee address.my actual address is M.srujan h.no:8-3-615/1/B habeeb bagh, yellareddy guda, ameerpet, Hyderabad. PIN:500016...