Kotak Mahindra Bank Complaints & Reviews

I had submitted for cancellation of my Kotak NRE / NRO account for my CRN # 26827450 in dubai during last week of Feb 2013 and i had also submitted for cancellation of Kotak gold ETF and Franklin templeton investments .
According to protocol the investments should be cancelled first then the bank accounts but the the lady incharge did otherwise for which i have lost time and money. And till today the incharge in representative...

In Jan 2012 kotak mahindra had asked me to open my salary account with them.But i stated that i already had a salary account with another banl and i was satisfied wit thei services.I categorically told them that salry would not be credited in their account even if i had opened the account.But Kotak mahindra bank insisted that i opened an account with them stating that this was a zero balance account. After that salary had not been credited...

I have Kotak Bank Credit Card and an Add On Card. The reason for taking this card was to get 2 Free PVR M Coupons if you spend INR 7500 or more in a billing cycle.

The following are the reasons for our complaints.

1. Every month there is some technical issue because of which there is a delay in getting the Free PVR M Coupons on time. The delay causes mental agony and by the time they are issued the desired movie...

AGGREEMENT NO. CF8184320


TO WHOMSOVER IT MAY CONCERN

MY NAME IS ANU JAIN AND I HAVE BEEN ASSOCIATED WITH KOTAK MAHINDRA BANK FOR ALMOST 8 YEARS DUE TO CAR LOAN. I HAD A SMOOTH RUNNING TILL LAST YEAR BUT I WAS REPEATEDLY GETTING OFFERS OF ANOTHER LOAN AGAINST MY CAR LOAN. WHEN I ENQUIRED ABOUT THIS SECOND LOAN I HAD ALMOST 5-6 CALLS A DAY TO TAKE THIS LOAN. I WAS PROMISED MANY THINGS BY THE ASSOCIATE LIKE...

Hi All,

Am holding SB account(Debit Card) in kotak mahindra bank and this is Professional A/C so they said no minimum balance for this. Few days back INR 150 debited from my A/C. When I spoke with customer care officer, they said, it is for non-maintaining charge(Month of Feb 2013), I have to maintain minimum balance or need to withdraw more than 10000 from ATM.

After few days again they debited INR 246, when...

In NetBanking Term Calculator When I use Term Calculator for a scheme less then 181 days.
I had selected 1 month and 0 days.
It gives me a illogical error, some silly mistake in a BANKING SOFTWARE WEBSITE saying "Entered Number of months is more than Max months for the scheme[83312]"

If the scheme says 181 days why should I get error for exceeding maximum months if I have entered 1 month and 0 days....

I open Saving Account & De-mat account Before 6 month And there is no Interaction regarding demat account while they provide me all kit & code but they didn't suggest how to operate it after telling 5-6 times.I am very upset behalf of bank. either they closed my both account or refund my amount with interest which is in demat account which have no interest,they misguide me behalf of bank .please give me a favor and solve my problem.I...

Dear sir,
Your recovery agents nos are 43503609,45453023 not following rbi guidelines teach them rbi guidelines word by word.
regards
happy holi...

Dear sir,
Please give them RBI guidelines follow law of land.your recovery agent nos are i think these are land line nos[protected],45453023.
regards
happy holi...

Hi,

My name is Dipti Mehan & I took a PL of Rs. 2,50,000 from Barclay Bank in 2007 Dec. I

paid my EMI's regularly for 1 year, after which circumstances were such that I could not

pay. This portfolio has been bought over by Kotak Mahindra bank now & they have been in

contact with me since 2012. I kept on telling them that I'm willing to pay but in small
br...

Dear sir

I have deposited in Kotak gold fund ETF in may'2011 while i was residing in chennai,But due to job relocation i came to hosur.I have to close my account with the Indian Bank(Ambattur branch).When i approached the Kotak office for refund of my mutual fund amount,i was told that i have to send the statement of my closed SB account since i have issued cheque to Kotak mutual fund from that account.So i have send...

i applied for kotak bank saving account on 4 feb 2013 . and gave a check of rupees twenty five thousand rupees to bank representative. i tracked my account for 10 days and found nil balance ,after complaining to bank i found out that my check has been lost somewhere by bank !!! but it was just beginning!!!
after apology by bank i gave them second check of rupees 25000 (SBI)and it was cleared in 2 days (to my great relief )but than...

Agent has informed that policy holder can withdraw the amount after payment of three premium,but on inquiry I came to know that Insurance company not paid full amount with bonus.I am required to pay one more years premium.Now,I want to know how much amount with bonus receivable by me on closure of policy....

I got a threatening call from your company ([protected]) at approx. 12:25 afternoon regarding my outstanding of Rs.4000 which I don’t know also where & when it was due. I am so disappointed from Kotaka Mahindra Prime Ltd which is a responsible firm is involve in such illegal activity for which I will be forced to pull you in front of media & police.

Regards,
Viral Gandhi...

Hello,

I want to file a complaint against kotak car loan.
I have had enough from Kotak. Enough of harassment and unfair charges.

I have already sent them my concern 3 times now, because of their lack of attention they closed my account - they helped with a car loan and opened a bank account with them, which wasn't ever opened. They did not have my correct address on file, even though we provided them...

I have recharged to My Mobile on the morning of 15th mar 2013 through kotak Mahindra netbanking Interface. The amount of 100 Rs. has been deducted from my balance but the Recharge is not credited to my mobile No.

Details
Mobile E Top Up of Rs.100
Mobile Operator - Vergin Mobile
Mobile - [protected]
Txn Ref No. [protected]
CRN 57699948...

Kotak Mahindra Life Insurance says that they cater only to HNI Clients and charge premium for the same so that only HNI Client can be their major customer.While taking the policy their marketing team run pillar to post at the client end to convince him to take the policy but their return under the ULIP Plan is currently not up to the mark as they promise to the client and when the client desires for the surrender of the policy they ask each...

i receive bill of rs 1746 in the name of c.p.p. whenever i have not used the credit card since more than one year . I also not given consent for continuation for membership to any company . I have also asked by the authorties of kotak mahindra bank that if I had not used the card for six months the card will automatically deactivated....

Please send us account statement every month in my E-mail ID

E Mail ID - [protected]@rediffmail.com

Plan - Kotak Smart Advantage Regular (UIN-107L043V01)

Policy no.[protected]

Cust. ID[protected]...

The transaction was not processed Rs.2000/- twice which later amounted of Rs.4000/- on the 7th of March, at 8:38 PM & 8:39 PM from the B Cabin Road, Navre Nagar Branch from the Customer Relationship ID[protected]. Inspite, of the failure in the transaction, the cash was deducted as I received a message in a short span. Kindly see to it that the amount mentioned above, should be credited as soon as possible....