Kotak Mahindra Bank Complaints & Reviews

Hi,

This is to inform you that I hold a Savings Account with Kotak Bank, account number: [protected].
I see that an amount of Rs. 827.25 has been debited from my account, with the narration 'Non-Maintenance charges' on 01/04/2010.
Now I have a Linked Deposit account [protected] for Rs.13000 and hence my Combined Total Balance had always been above Rs.10000 which is the minimum balance for the...

Dear Sir
I have a complaint against Kotak Life Insurance Company Ludhiana Branch Some months back i took two policies one Single Investment for Rs.1, 50,000/- and another against Money Back policy for Rs.50,000/-After some time I received policies but to my astonishment the policies were issued but were totally wrong, the policy Rs.50,000/-was in single investment and Rs.1,50,000/-in Money Back, immediately I informed the company...

had applied for a Kotak Credit card after a lot of bugging from the customer care of the bank. I submitted my Pan card xerox along with with a passport photo to the bank executive.

From the date of submission of documents I started checking the status online and it always showed "Being Processed". After two weeks I called up the bank's customer care onyl to know that my application has been rejected.
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This is regarding false promises made to corporate salary account holders by Kotak bank officials. We were promised a lot of facilities on my account during account opening. Later I discovered that Kotak had not created the right kind of account and the facilities I was promised like petro card, gold card etc were not activated on my account.

After a endless calls to call centre, customer support I am still not able to get...

Kotak after receiving the foreclosure amount against agreement no. STL-250041 subsequently further realised three EMIs from the concerned a/c through ECS. They are very reluctant to response and/or reply a series of letters furnished from this end. Only once I got a verbal assurance from the concerned personel Mr. Tapan Ojha after that it was very difficult to cross their office reception desk....

I had made a very big mistake by trusting Mr.Sunil (Territory Manager ) from Kotak life who had come to me throu some reference. I had purchased a life insurance policy throu him .At the time of issuing the policy i was told that as there is no collection centre of the company in our city they will provide me the facility and will collect the premium on due dates from my place but now as i have already paid 3 premiums (quarterly) they are...

From V.JAYARAMAN
5/1090.B.D.O.VAIRAVANATHAN STREET
SENTHIL NAGAR
COLLECTORATE POST
DHARMAPURI-636705
Mobile: [protected]
TO
Complaints against Life Insurance Companies:
Mr. T Venkateswara Rao, Deputy Director
Insurance Regulatory and Development Authority
Consumer Affairs Department
United India Tower, 9th floor, 3-5-817/818,
Basheerbagh, Hyderabad – 500...

I had opened (unfortunately) Kotak ULIP on 9-Jan-2009. My Policy Number is 01460451.
During opening of the policy, One of the kotak representative Ms. Poonam Rohra([protected], poonam.[protected]@kotak.com) told me during opening of the policy that locking period is 3 years and after that amount can be with drawn at any point of time. But after 3 years I came to know that First premium can not be withdrawn as policy term is 3 years.
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Customer Details.

Name : Sameer T I
Account Type : Salary Account - Tata Consultancy Services
Bank : Kotak Mahindra Bank
Customer ID : 31407939.
Account No : [protected].

Issue :

1. Had requested for Debit card PIN for both the debit cards in the month of Jan. Till date I haven't received.

Steps Taken : Have contacted Customer Service via phone,...

ITS A COPY OF MAIL WRITTEN TO KOTAK BANK AND BROKER:

DEAR CUSTOMER SERVICE MANAGER ,KOTAK BANK
I HAVE AN ADVICE FOR YOU THAT YOU PLEASE CHANGE YOUR ADVERTISEMENT WHICH CLAIM THAT YOU ARE THE BEST BANKER AND BROKER IN INDIA, YOU ARE THE WORST BANKER AND BROKER IN INDIA, YOU ARE TOO BAD THAT NOBODY CAN BEAT YOU IN INDIA AS WELL AS THE WORST SERVICES ARE CONCERNED FEW POINTS HAVE BEEN GIVEN BELOW TO TELL YOU HOW GOOD YOU...

I AM HOLDING POLICY NO 02093090 DTD 21/08/2010 OF MONTHLY E.M.I. RS 5000.00. AFTER OPENING POLICY I AM NOT RECEIVED ANY STATEMENT OF ACCOUNT OR PAYMENT RECEIPT. IT CLEARLY SHOWS THAT PRIVATE COMPANIES ATTRACTS COSTUMER AND NOT GIVING ANY SERVICE AFTER SALES. MY REQUEST IS ATLIST STATEMENT OF ACCOUNT AND MONTHLY PAYMENT RECEIPT...

Sir,I am holding a a policy (Policy No[protected], Kotak Smart Advantage)from Kotak Mahindra Old mutual life insurance Ltdand about to complete 3 years in AUG 11. I have requested many times for account statement but no action has been taken. Being a defence personnel my corresspondance address keep change. Presently i am posted to such a place where there is no nearby branch of KLI. Thus i am not able to contact nearest branch for changing...

Respected Sir,

With respect and sincere regards, I would like to submit to your kindself that I, Gaurav Kumar Sharma, resident of Sector 30, Faridabad, Haryana had a Policy (Policy No.[protected] of Kotak Mahindra Life Insurance (Kotak Mahindra Bank) for the last three years. I have been paying my premium regularly every year. This year in February, 2011 (dates between 05.02.2011 to 08.02.2011), I got telephonic calls from...

I have invested 10000/- in KOTAK ELSS FUND, i have given redemtion in Oct.2010 through CAMS, but due to my old address i have not received the cheque.I again tried to get my cheque on new address so that i had submit my new address application, pan card detail and bank details. After a long communication i have received the cheque today i.e on 9th march 2011 with dated 8th Oct. on cheque.

I just want to know what is my fault?br...

my home loan no is - HF- 6926126...with kotak mahindra bank..

i was never told about the life insurance that i was wrongly sold..at the end the disbursement cheque had a deducted amount of 93000 towards the insurance premium.. kindly note thet i have repeatedly told them to discontinue the insurance,, but no action at all...

ashwani sagar

[protected]...

Kotak has successfully disappointed me once again. I have gone through the trauma of reaching their unprofessional customer care and bank staffs. I am sure, like me, many of you would have experiences the horror of trying to reach kotak customer care by email or phone.

I had serious trouble with getting my home loan from Kotak in spite of all paper work being clear...and its still not solved. It seems no one in Kotak is really...

Dear
Sir/Madem

My Complain Number Is 02116347 Dt.[protected],Against My Policy No.[protected] & 00961983,I Allready Fill All The Forms (Declaration for issue of Duplicate Policy & All Marge Form) & Submited To Your Company Executive Mr. Atin Kapoor.But Your Company & Your Executive No Response My Police Documents.So Please Take Immediate Action Regarding This Matter.
Your'sbr...

I m getting calls from Kotak Mahindra telecallers every day. I just want them to stop it and let me live in peace. I have asked them to delete my number from their database. I got a call even today morning. If this continues, i will never ever invest in KMB even if i have handful of idle cash in future. This irritates me so much. The number changes every day. Today's number is[protected]....

Mail trail with Kotak Life pls read from below.

Mr.Kotak/Mr.Gupta – Sorry to bother you again, refer the fraud which has happen by your company pls don’t let the brand name of Kotak be ruined - just because of your direct sale team target pressure. It is obnoxious which has happened with my parents and due course of grievance redressal is required on an immediate basis.





Mr.Rathod,br...

sir i want to inform you that i have complain agest. your executives {atin kapoor & ashutosh anand & tejender singh working in karol bage branch mein arya samaz road delhi} they frod us by making new policy of rs. 30000/- for there commission.inspit of that this amount {rs. thirty thousand} will be deposited in my old policy{policy number is 00962000 & 00961983,name by sushil kumar jain} but stil they making fool and misguide...