Kotak Mahindra Bank Complaints & Reviews

myself kailash chand goyal, i want the statement in regular basis .
policy name :- KOTAK FLEXI PLAN - 2 ( REGULAR )
policy no. :[protected].
client ID :[protected].
email. :- [protected]@yahoo.co.in
mob. - [protected]...

I hav purchased kotak smart advantage (UIN 107L043V01) before 3 years with annual premium of Rs 15, 000/- and total amount paid is Rs 45, 000/- so please let me know what is present of value of my policy. Satish Bhatt
please let me know on my EMail [protected]@gmail.com
UserID OM 21653 Policy No.01635601...

Dear, sir / madam
I (smarti sagar) working in company Pratibha industries ltd. And my salary account in Kotak mahindra bank mumbai. And my A/c no.[protected]
from this account the bank has deducted the amount Rs-1495 dt-26.05.11against CPP with out informing me. I have never apply for CPP.

regards

Smarti Sagar
[protected]...

I am an employee of Kotak Mahindra bank. This is not my real name for obvious reasons.
The Bank management has send a mail yesterday asking employees to come to office on 15th August,2011 and treat it as a normal working day.
This is in violation of regulation which prohibits companies with non-essential services to work national holidays.
I just want to bring this to your notice so that such actions should not go...

Sir one of your person Mr Deepak had come to me for opening a current account with an assurance of over draft facility. Account was opened and after repeated complaints he gave me a offer letter of 4.00 lakh dt 26/05/11 and in return had taken signature from me in many forms. Cheques of more than 5.00 lakhs has also been taken by them as security as it was written on the offer letter. But till today neither any amount has come to me nor they...

my mobile no noted is incorrect.correct no is [protected].adviser is not contacting me,i need switch over....

I had a Car Loan with Kotak Car Finance - CF 1857857 which was closed last year after payment of all dues.

My account is closed now but they did not update the CIBIL records, so I was having a lot of trouble. When I requested for a duplicate NOC, they asked me to pay some 1000 bucks, visit a branch (they have only 1 branch in NCR which is about 50km from my house) and sign an indemnity after printing it on stamp paper to get...

Dear,
I have registered my Number in DND befor 7-8 Months.
and from the last so many days i am receiveing so many SMS and Calls from the Marketing company.
today (30/7/11) i Have received Call from kotak for Saving account Schemes.

I just have asked that "From where you get my number as this number is registered in DND." so they have replied me "We have Govt. approved contact list" so...

This is the worst service given by Kotak mahindra Banking.charges for all online transactions is more. the customer support is so bad we need to call 1000 times. and there is no response....

Plz go thorugh the below mails, I am facing lot of problems from the beginning, when I visit sector-14, branch gurgaon and request for opening a saving account. its almost 15-20 days I havn;t received my pin no. yet, not any executive call me regarding. I wrote lot of mail but nobody help met out regarding this. I have't face this kind of problem from any bank till now. Kindly help me out.

Rajesh Kumar
[protected]br...

My self bhadresh champaklal sheth and I also join with kotak life insurance as advisor agent befor three years. Kotal life insurance company has provied me a ZERO BALANCE A/C in kotak bank so In kotak bank I have opened a saving bank a/c number [protected] in sept 2008. Till today i working with kotak life and my last comm credited in a/c on 13/4/2011.
Kotak bank has debited in my a/c Rs 827.25 on 1st july 2011 for non maintenance...

Very much disappointed with Kotak Bank service, to active a beneficiary we have to call more than 10 times to the customer serivce. Earlier they had a smooth system but now the system they have for beneficiary activation is very bad. We are in to travel and tour business it is very difficult to wait more time for getting the benificiary activation.

Several times we tried using phone banking system to activate beneficiary but...

Ref: Kotak Opportunities- Growth Mutual Fund Folio No.1849706/58.

I had requested for redemption of my above mentioned SIP on 22.06.11. On 25.06.11 I received a mobile alert from TD-Kotak stating that the said SIP has been redeemed and the proceeds has been directly credited to my account. But the amount was transferred through NEFT only on 05.07.11 after 10 days. But the transaction got rejected and the funds were returned...

Dear Sir,

I am having saving bank account with ICICI Bank. I withdrew money from Kotak Mahindra Bank ATM ( Which is at Living Style Mall, Jasola Vihar, New Delhi)on 24th June 2011 around 9.45pm -10pm and less cash was disbursed.

There were 2 transactions:

1) I withdrew 10K and 7.5 K was disbursed. I usually don't count money so I kept this money.
2) I withdrew 6K and 1 K ( 2 Notes...

Kotak Mahindra Bank


Non Maintainance of Account balance
Hi,

It has been over 6 months when i opened an account with Kotak Mahindra Bank. My CRN is 35611580. While opening an account (Last week of Jan’11) I was told by the bank executive Tarun Arora, that “as I have opted for the TRINITY account so as per the offer of the bank I’ll have to maintain zero balance in my account”....

Car Finance loan account no 5471430 EMI payment of Rs 20555 was due on 10-JUN-11. THIS WAS INTIMATED TO ME THRU MAIL ON[protected], FOR WHICH YOU COLLECTION EXECUTIVE CALLED ON 16TH OF JUNE 2011 FROM KAROL BAGH OFFICE. WE TOLD HIM TO COLLECT THE CHEQUE FROM OUR HOUSE I.E A-228,MEERA BAGH PASCHIM VIHAR, NEW DELHI-110087. PH:[protected].

AFTER REPEATEDLY CALLING THE SAME PERSON FOR COLLECTION OF CHEQUE THE REASON FOR NON COLLECTION...

I had applied for car loan from Kotak Mahindra Prime Ltd for an amount of about 13.25 L for the part payment for a new car (Volkswagan New Passat). The balance 13.5 L was being funded by me directly. The car was booked on 5/5/11. Due to the waiting period of the vehicle the the car has yet not been delivered. However to my surprise the EMI of my car is being regularly deducted. Till date i have paid three EMIs of loan against a car which...

Dear Kotak Team,

I travel a lot from one city to another by several Atm's but i get many but i insist my Holdings in "Kotak Manhindra Bank" but while shopping/emergency i did'nt get any ATM's near "TollGate", i got much irritated by this any did'nt find proper ATM's so i request the Whole "Kotak Team" to provide as much ATM's as you can especially in Shivajinagar,...

To,


Shri M.S.Pratap

Insurance Ombudsman Office of the Insurance Ombudsman
Jeevan Bhawan, Phase 2, 6 th floor,
Nawal Kishore Rd. Hazratganj,
LUCKNOW – 226 001
Tel.:[protected]
Fax:[protected]
E-mail: [protected]@sancharnet.in



The Grievance Redressal Officer,
8th Floor, Godrej Coliseum,
Behind Everard Nagar,
Sion...

Sir, I had invested in Kotak Mutual Fund in a Scheme whose details are given below:
KOTAK INDO WORLD INFRASTRUCTURE FUND (3Years` Close-ended Fund)
Investor : MD. WASAY ZAFAR
Account No. : 1169321/42
Units : 1000.00 as on January 25, 2008
Option : Growth
I have not received the account statement for a long period though the scheme was to be matured on January 25, 2011. I want to know the present...