Kotak Mahindra Bank Complaints & Reviews

policy no. 02366830 of KOTAK ( Term Plan ) . Purchased the term plan last year . Due date of premium 20.09.2012 . I have received call regarding the renewal but i was not knowing that they are going to deduct the renewal premium directly from my bank . The bank detail was known because the last year premium was paid by cheque . The ECS was not signed by me . When last year i received the booklet for the policy confirmation the...

Hello Kotak,

Based on the below email initiated Phone call to Bhavani, but there is no proper response.

Meet me in the my office between 09 AM-5 PM with prior confirmation on exact timing for further discussion on the below issue

As I already mentioned on repayment, provide your terms and conditions properly (Last Request)

With this note, henceforth don’t assign any customer relationship...

I had taken a loan from the Kotak Mahindra Prime with Agreement number CF5576646 for a Maruti Ritz VXi in 2009.
My loan tenure has been completed and I have emailed the team to complete the closure procedure clearly asking to return the security cheques that were submitted as part of procuring the loan.
Kotak Mahindra Prime is somehow ignoring my request to send the security cheques back and I perceive this a threat and a possibility...

Respected sir
This is Sandesh Kumar I have Kotak Mahindra bank credit card and credit card number [protected] I had used 15000/-on 14/10/2012 from my card the amount is debited and for merchant it has not been credited I called up customer care they told it has been debited from your credit card there telling to wait for 15days . I asked them are paying any interest for 15days there said no if we make one day late there charge...

dear sir,
I had taken Kotak Smart Advantage Plan (Policy No. : 01754827 Name Mahesh arora) by seeing Brand Name of Kotak Group by investing monthly 1,000/- since 27/10/2009. But, we are totally frustrated with the behavior and approach of Kotak Life Insurance Company which we have been never seen in our whole life, this kind of responsibilities and irregularities. They are trying to cheat us since 27, Oct 2009 when I purchased this...

Submitted by: Sourav Mukherjee
Category: Banking
Complaint against: Kotak Mahindra Bank
Complaint Number: 98812
Amount loss/claim: Rs. 5,589
Support Sourav Mukherjee Click:

Account number : crn no:[protected]savings bank account no#: [protected])
debit /Credit card number (in case of complaint against debit or credit card) : cr card no: [protected]
amount involved in the...

Dear Sir/Madam,
On the 24th sep 2012 at 7.06 pm I have tried to withdraw money from New India Co-Op bank ATM located in Andheri East, Mumbai No.400069 using the ATM address: Andheri East, Mumbai No.400069 . I have used my debit card of Kotak Mahindra Bank Debit card No. [protected]. I used the card to withdraw an amount of Rs. 800/- (eight hundred only) two times Rs.400/- each at 7:05pm and 7:06 pm The machine failed to disburse...

Dear sir,

I have recd a call from [protected] claiming to be from IRDA and from insurance verification department, the person calling was Mr. Manish kapoor, he was saying that he wanted to pay me Rs.108321/- being bonus on account of policy purchased by my father, he further told me to pay a sum of Rs.31000/- for the above bonus. Although I am cautious regarding such calls, but please take care that no one becomes a trap...

sir, i have recived mass form bank that your pin no. dispatched vide awbm78833160 thru DTDC Courier on 05/09/2012 but i have not recived bankers told me that your packet has been delived on 07/09/2012 my add is Mukesh kumar Sharma S/o Shri Lal Chand Sharma holi upper Mahal Chowak Road Alwar (Rajasthan) so kindly delived my courier as soon as possible...

Policy No 1727333

Miss selling complaints complaints was submitted to Kotak Mahindra Old Mutal Life Insurance Grievance Redressal officer Mumbai on 16/09/10.In this regards the agent Mr Devinder approached me on 27/09/10 and assured me that after 3 years definitely I will get min 10% appreciation ie Minimum Rs 5,10,000/- and asked me to withdraw the complaint. I said that I will withdraw it Conditionally.He said sir you...

I am Veejay, opened an account in Kotak Mahindra Bank with home branch Preet Vihar (New Delhi) in 14/12/2009. My account type is saving account. At the time of account opening bank's customer representatives told me it is zero balance account and you will get welcome kit at free of cost. Due to some personnel problem I did not deposit money in my account from long past time. I have Rs. 4441.97 on 20/08/2012 as per bank's email alert...

Full of agony and severe pain I am writing to you as I have been incurred false demat charges for last 3 years. Though I have submitted my documents twice. Last time I have submitted on 2nd july 2011 at Sakinaka, Mumbai branch(some lady Miss/Mrs Mandal was manager). I got calls from the bank assuring me the refunds. But nothing happened yet. Now I doubt whether I believe on Kotak bank or I should rely on some other banks. Pls check your system,...

myself gaurav goel residing at muzaffarnagar in uttar pradesh.i had applied for marksheet loan of amount Rs.5lac on 06/09/2012in kotak mahindraa finance one day danik jagran newspaper me add aaya sa loan ke liye mene usme diye number par call kiya number was [protected].he.asked me to submit amount of rs.-2550 charge of documents create by lawyer..i deposited in Mr vikram singh a/c no.-[protected] of punjab national bank.a/c on 7/09/2012....

Dear Sir,
policy no.00301325
Sub: Fraud and change proposal form
I am very disappointed to receive unjustified report for above issue. I want to draw your Kind attention for below mention points to justify my view.
1) I am senior citizen and applied a single term policy on dt .21/12/2004 for Rs 1,00,000/- to insure my life and against that i has issued a cheque drawn on uco bank but for some reason my cheque was...

Have purchased Kotak Smart Advantage Policy ( Proposal No. 01672080 / Clent ID No.[protected] with a condition of one time payment of premium.

now, have recd a letter with a cheque of Rs. 4000/- (against my premium of Rs. 40,000/-) stating that policy has been terminated for non renewal of policy.

infact i am eligible for refund of Rs. 40000/- with a intrest from the date of policy till to-day.

Request...

Deduction of amount without notice.

Sir/Ma'am,

I had a 'salary' account with Kotak Mahindra Bank. I left the company services around February and withdrew major portion of my account. Only a few hundreds were remaining in my account with Kotak Mahindra Bank.

Few days ago, I received an SMS that my account has been deducted with those few hundred rupees. On inquiring I learnt that...

someone named Sajid called me at my residence number[protected] on 28th August 2012 around 4 pm and misbehaved first to my wife and then me...they often call me on this number as we have told them that we dont want any kind of your service. He very rudely behaved and often called between 4 pm to 4:30, so please help us and do the legal process and check our phone details.
Kaushik bhagvanjibhai Modi, [protected] Jamnagar (gujarat)...

Sir,
At the time of loan executive who was doing loan said if I want loan at low interest rate I.e 12.5% (which was confirmed earlier), you have to pay one advance EMI. After disbursement of loan when I called their customer care they told me that there is no advance EMI updated. But from my HDFC BANK A/C two EMI's already deducted one on KMPL Name & one on another person name by cheques of same amount as of loan EMI &...

Hi,
This is my Kotak account number :Account No. [protected] & CRN No.[protected]BRANCH -ANNA NAGAR),this account is in my previous salary account but recently i switched to other company without communiaction they are deducted INR 529 for AQB Maintenance from my account now its zero balance.but that time i didnt maintain the amount even i having Zero balance they wont deduct anything.so kindly take this high priority issues...

Dear Sir,

I have a account with Kotak Mahindra Bank Nagpur, my CRN number: 12368317, Account number: [protected].

Kotak bank charged me around Rs. 3000 without any notice or details. I have requested them and they told me that it is non maintenance charges. Still without any extra details I paid around 3100 in account and requested for account closure on 10th August 2012 (Service Request Number: SR#1-[protected])....