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Kotak Mahindra Bank Complaints & Reviews

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Updated: Nov 7, 2025
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S
swati biswas
from Palghat, Kerala
Feb 14, 2011
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Address: West Bengal

Dera Sir,

This is to inform you that i have opened a Trinity account from Kotak Mahindra Bank Brabourne Road Branch in the month of November by depositing Rs. 5750/- in the account. But till date I have not received any welcome kit from your side. I went in person and clarified all the questions in the month of December but no steps in this regard has yet been taken. Kindly do the needful so that either i can use the account or I can get my money back.

Regards

Swati Biswas
Aug 13, 2020
Complaint marked as Resolved 
Dear Ms. Biswas,

We apologize for the delay in dispatching your welcome kit. However, our team is currently looking into this issue and will ensure it is dispatched to your registered mailing address at the earliest.

To be able to assist you better, we request you to write to us at solutions.[protected]@kotak.com. Our team representative will then contact you and provide detailed information on the status.

Regards, Kotak Support Team
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    Ricky89
    from Hyderabad, Telangana
    Feb 13, 2011
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    Address: Gurgaon, Haryana

    I submitted a form to close my investment account at Sector 14, Gurgaon Branch on 02, Feb, 2011 and I was told that it will be closed within 4 working days. I asked for acknowledgement but I was not given any acknowledgement, as the request form does not have one. On 08, Feb 2010, I called Kotak Customer Service to know the status. However, it was still not closed and I was given the service request number stating that the branch would contact within 24 to 48 hours. As I expected, I did not receive any call from the branch within the stipulated time (turn-around time). Therefore, I called on 11 Feb 2010 (12:00 noon) to know the status, the account was still not closed, which infuriated me. Therefore, I insisted to speak to a Supervisor but no supervisor was available on the phone. Either they must be relaxing or they have too many complaints from the customers to handle. I was promised that a Supervisor would call me within 2 HOURS. As a gesture of bad business, I did not receive a call. Eventually, I called the same day at 8:00 PM and I got the same response; a/c not closed. Additionally, I was told that the branch tried to contact me and they have no request for closure of account at branch. In their words, for some unknown reasons I was lying. Customers always lie according to the Kotak bank. However, it is to be noted that my phone was ON and whole day I received calls and messages from other people. A big lie from the branch. All are habitual liars; the Customer service Rep, the Manager, the branch. The next day the Branch Manager, Neha, called me and gave me the same story; no request received at branch. She requested me to submit another request an this time they would give me a receiving. I was not convinced and rejected her request since I had done my part of Job. I do not have time visit these liars and see there faces. They could have taken an exception and closed the account after so much chaos. However, she bluntly told me that she could not go ahead and oblige by my request to close a/c. The worst customer service I have experienced in my life. I vow to never do business with them. I have forwarded request to their Nodal Officer and do not expect much. However, i will not spare these guys and write to Banking Ombudsman soon.
    Aug 13, 2020
    Complaint marked as Resolved 
    Dear customer,

    We apologize for the inconvenience caused due to the delay in your account closure request. However, we would need a few additional details from you to follow-up on this matter. Request you to write to solutions.[protected]@kotak.com with your investment account number and the scanned acknowledgment copy of your request. Once we receive this information, a bank representative shall contact you and give you an update on the same.

    Regards, Kotak Support Team
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      R
      raokln
      from Bengaluru, Karnataka
      Feb 9, 2011
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      Address: Andhra Pradesh

      This is regarding Car Loan account no. CF501318 that I availed loan from Kotak Mahindra Prime Ltd. in the year 2008. Since then I have not received any a/c statement on my account. I have called customer care asked them about the correspondence of my loan account statement that which every bank follows( Infact, i have availed education loan from HDFC, personal loan from Axis and house loan from RBS and I get promptly my account statement frequently). Surprisingly they have informed me that I need to pay some amount to get my account statement. They have charged me huge interest compare to other banks and it was ridiculous to hear this kind of answer as a customer. Thank god I have neither any loan accounts nor salary account. I have to pay at least one managers salary every year to get the statements. Do you anyone knows how much cost it could be to provide a soft copy to customer!....Only Kotak Mahindra prime has to answer to this question in the world. Good service to customers! Hats off!!!!!!!!!!!!!!!!!!!!!!!!!!!!

      Banking is a business that attracts customer to deposit the amount or take the loan. If there is no trust then no business. I don’t know when they get to know the business.
      Aug 13, 2020
      Complaint marked as Resolved 
      Dear customer,

      We were unable to trace your records based on the loan number mentioned in your post. We therefore request you to write to support.[protected]@kotak.com with your correct account number, so that we can revert back to you.

      Regards, Kotak Support Team
      Dear Sir,

      This is inform to you that Some reson by my EMI not present this month in kotak mahindra bank so Pls. you collect check in my office My office address is shop No.2, Hansram Singh Market, Sector-18, Gurgaon. My Car Loan Account Number CF5033842 Amt. 21659/- in the Favour of Karan Cab Services Pvt. Ltd.
      If any clarification my Mobile NUmber is [protected]


      Thanks

      Kulawinder Singh
      (Karan Cab Services Pvt. Ltd.)
      (Director)
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        D
        dhi973
        from Mumbai, Maharashtra
        Feb 8, 2011
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        Address: West Delhi, Delhi

        Respected Sir,

        I had submitted an application for partial withdrawal from my ULIP policy No 00454350 on 14 Jan 11 at Kotak Life Insurance, Bhikaji Kama Place, New Delhi. I was told that money would be credited into my bank a/c within 07 working days but till date I have not received any money in my a/c. I had been given a toll free customer care no[protected] to enquire about the money. I called up to customer care also but no fruitful action has been taken till date.

        I, therefore, request you to kindly look into the matter so that I could get the money as early as possible. I shall be obliged to you for the same.

        Thank You,


        Your faithfully
        Dhirendra Kumar
        Accounts Sqn, 13 BRD AF, Palam, New Delhi - 110010
        E-mail ID - [protected]@yahoo.com
        Contact No - [protected]
        Aug 13, 2020
        Complaint marked as Resolved 
        Dear Mr. Kumar,

        At the outset, please accept our apologies for the aberration in our service standards that you have faced.

        With reference to your query, we would like to confirm that the partial withdrawal has been duly processed and the amount will be credited by 10.02.2011.

        We apologize for the inconvenience caused to you.

        For further queries please feel free to write to us or contact our Client Service Desk on[protected]Toll Free)

        Regards, Kotak Support Team
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          A
          amitkeshari
          from Mumbai, Maharashtra
          Feb 6, 2011
          Resolved
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          Address: Gautam Buddha Nagar, Uttar Pradesh

          Hello Sir,

          Kotak mahindra bank, sec-18, noida
          A/c No: [protected]

          I am an employee of Milestone Ecommerce Ltd Gurgaon. I am getting my salary transfer from uk. My salary per month is 25,000/- inr and in december 2010, i receive just 22,036. When i ask my employer he told me that he send Rs 25000/-. When i ask my bank kotak mahindra, noida sec-18 branch, they told me that he send only 22,036. I went 3 times to branch and they(Harsha pandey, Deepak) guided me that the money send from there is 22,036. I asked to bankers a copy regarding this transaction they have given me below details. I am not getting where my remaining amount is. Please help me for this as from last 2 months i am following this case with my employer and also bankers.

          20: Sender's Reference

          FTS[protected]

          23B: Bank Operation Code

          CRED

          23E: Instruction Code

          SDVA

          32A: Val Dte/Curr/Interbnk Settld Amt

          Date : 14 December 2010

          Currency : USD (US DOLLAR)

          Amount : #489.88#

          33B: Currency/Instructed Amount

          Currency : INR (INDIAN RUPEE)

          Amount : #25,000.#

          36: Exchange Rate

          0,020395

          50K: Ordering Customer-Name & Address

          3111C136336

          MILESTONE ECOMMERCE LTD

          18

          CURZON STREET ST5 0PD

          52A: Ordering Institution - FI BIC

          MIDLGB22

          HSBC BANK PLC

          (ALL U.K. OFFICES)

          LONDON GB

          59: Beneficiary Customer-Name & Addr

          /[protected]

          AMIT KESHARI

          70: Remittance Information

          B/O MILESTONE ECOMMERCE LTDIFSC CO

          DE KKBK0000181 MICR CODE[protected]

          SALARY SALARY /REC/INR25000.00X0.02

          0395

          71A: Details of Charges

          SHA

          72: Sender to Receiver Information

          /OCMT/INR25000.0 0.020395

          //LESSINR0.0LESSINR0.0LESSUSD20.0



          Block 5:

          {CHK:C2437E23731E}


          http://www.consumercourtforum.in/f33/kotak-mahindra-bank-sector-18-noida-37267/#...
          Aug 13, 2020
          Complaint marked as Resolved 
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            A
            ashton
            from Noida, Uttar Pradesh
            Feb 5, 2011
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            Arbitration Notice

            Address: Mumbai Suburban, Maharashtra

            I am from Mumbai and I have some unpaid dues on my Kotak Credit Card.

            I received a notice from an advocate from Mumbai on behalf of Kotak Credit Cards, asking to pay entire dues in 7 days. Then 15 days after that, another letter is received from the same advocate, addressed to another advocate in Mumbai with subject "Appointment of Arbitrator Under Section 11 of Arbitration & Conciliation Act-1996, appointing him...
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            D
            deepak ahuja
            from Bangalore, Karnataka
            Feb 4, 2011
            Resolved
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            Address: West Delhi, Delhi

            Even I fully 100% agree that Kotak life insurance is full of all cheats and crooks agents and staff. They tell lies left-right and center,

            And Even we were victims of falsely selling the policy, as we were informed and verbally promised by the KLI kotak insurance Managers, branch mangers alongwith agents that I need to invest in this for the first 3 years only,

            They told me that you have to pay the premium for the 3 years only and there will be no deduction of the charges and all you will receive your money after 3 years according to the fund value. on the basis of the same I purchased the insurance and paid the first half yearly installment of 10000.

            I fully agree that Kotak Life insurance is Making false promises and selling the policy without informing the customer of its full and transparent implication. I want that wide publicity should be given to such fraudulent sale of policy and IRDA should take strong acction against Kotak and force them to refund the first year premium paid without any deduction.They should also pay for damages .

            I have already intiated a legal case i.e sued KLI in consumer forum, and complained to IRDA helpline: 155255, AND we are waiting for the right judgement and let the righteous and honesty prevail, and justice delayed is justice denied.
            Aug 13, 2020
            Complaint marked as Resolved 
            Kotak Mahindra Bank customer support has been notified about the posted complaint.

            Kotak Life Insurance — incorrect information

            TO,THE SENIOR MANANGER
            CENTRAL PROCESSING CENTRE
            KOTAK MAHINDRA OLD MUTUAL LIFE INSURANCE LTD.

            we have recieved your document and wanted you to correct information regarding me about the following things in your records...

            Tel phone number-[protected] is incorrect....my no. is [protected] and[protected]..

            ADDRESS- 579-C,SECTOR15-1, GURGAON

            DATE OF BIRTH-07.12.1965
            I REQUEST YOU TO CORRECT THE ABOVE GIVEN INFORMATION IN YOUR RECORDS.
            THANK YOU
            YOURS SINCERELY
            VINAY MANGLA
            Dear Mr. Ahuja,

            We would request you to coordinate with us on kli.[protected]@kotak.com, so that we can have this issue resolved at the earliest.

            For further queries please feel free to write to us or contact our Client Service Desk on[protected]Toll Free).

            Regards, Kotak Support Team
            Hi,
            I totally agree with this.
            I am also one of the person cheated by KLI
            for the same plan.
            I also wants to complaint to IRDA regarding this.
            Can u please help me on this?
            What is the process for it.

            At least we should get our first year premium without any benifit if we surrender the policy.

            Kotak Life Insurance — Cheats - Give incorrect information/charge exorbitantly/staff knows nothing

            Hello,

            I have a query on my policy No 01974726.

            This policy has critical illness rider - How will this rider benefit me. If i am diagnosed with a critical illness - How will this policy work for me?

            Page no 6 of this policy states if i suffer from cirical illness the benefit amount given to me is 200000 Rs.Is this paid to the nominee after my death? Or Is this paid to me when i intimate you about the illness and post verification you confirm the illness and pay that amount to me.

            I was told by your agent that this amount will be paid to me post confirmation of illness however your representative Ram from the Contact Center informed me otherwise. He has informed me if i am dead because of one the of the critical illness mentioned in the document,my nominee gets paid.

            Your policy document does not mention that only in the event of death in case of critical illness will the nominee be paid.

            I NEED CLARIFICATION ON THIS YOUR STAFF DOES NOT SEEM TO KNOW WHAT YOU SELL.I AM TERRIBLY DISSAPOINTED AND THIS IS DEFINETLY BAD CUSTOMER EXPERIENCE. YOUR SALES AGENT YOGESH STATED SOMETHING ELSE,POLICY STATEMENT DOES NOT UNDERLINE THE WORD DEATH DUE TO CRITICAL ILLNESS AND THE REPRESENTATIVE ON THE PHONE - RAM SHARES RATHER DISSAPOINTING INFORMATION.HE WAS RUDE AND AND NO SENSE OF CUSTOMER SERVICES. YOUR STAFF NEEDS TO KNOW HOW TO TALK TO CUSTOMERS AND ALSO BE TRAINED AND KNOWLEDGEABLE OF THE PRODUCTS YOU SELL.

            I will take this to court and media as your service is appaling and utterly disgusting.

            PLEASE REVERT WITH CLARIFICATION.
            Dear Mr. Punnapulli,

            We apologize for your disappointment with our customer support staff, and would like to assure you that we would be more than happy to help you with your queries.

            We have arranged for our representative to contact you and take you through your policy terms and conditions. They would also be happy to answer any specific queries you may have with respect to the critical illness clause.

            For further queries, please feel free to write to us at [protected]@kotak.com or contact our Client Service Desk on[protected]Toll Free).

            Regards, Kotak Support Team
            Hi,
            I am also facing the same Issue. I am having Account with Kotak from last 2.5 years and really trusted their service. And they were good on Customer Service but in case of Life Insurance i am also feeling Cheated. Very Disappointed. What kind of employees they have for customer care. They don't know how to talk and they talk like they doing us a a big favor talking to us. So many lies just to sell the policy.
            If they are really good we will definately come. At least dont't lie.
            My Policy : Kotak Smart Advantage Regular (UIN-107L043V01)

            Regards,
            Puneet

            [protected]@gmail.com
            Hi Deepak,
            I too agree with you. I was also misguided by Kotak Employee in the same policy.
            As per IRDA regulation 2009-10, Insunrance companies can not lock the amount invested for more than 3 years..

            Can you suggest me how to proceed further? I also wish to lodge legal complain against Kotak Life Insurance with IRDA

            My email ID is [protected]@gmail.com
            Please guide me on this as well.. Kotak has cheated me also...
            IT IS THE MOST UGLY INSURANCE COMPANY IN INDIA...BAD LOAN..BAD INSURANCE AND MOST CROOKED ORGANISATION..

            TELL ME IF I CAN ALSO HELP YOU IN THIS LEGAL CASE AND JOIN MY CASE AS WELL WITH YOU

            TELL ME HOW CAN I TAKE ANY ACTION AGAINST KOTAK. CAN IRDA HELP?

            REGARDS
            AMIT
            hi Amit,
            You can drop an e-mail, at [protected]@irda.gov.in
            They wil take some time to reply.
            Hi Amit,
            I am also misguided by the agent. And I have paid 3 years premium, 20, 000/Per Year.
            I was not informed that they will withhold the first year premium...and cheated in the same way...
            and they have very worst customer care service. Plz let me know where can I lodge compliant againt
            kotak for cheating.

            Regards
            Bhanu
            Hi,
            I totally agree with this.
            I am also one of the person cheated by KLI
            for the same plan.
            I also wants to complaint to IRDA regarding this.
            Can u please help me on this?
            What is the process for it.
            Hi,
            Same is the case with me, I feel like i am trapped, the tone of the sales executive later on sounded very irresponcible, i was told that i don't have option to withdraw atleast for next 15 years, or else they will take the entire 1 years premium.

            Please guide what can be done now, I don't want to loose my 3 premiums i have paid and i also dont want to continue with this plan.

            Regards
            Amit
            hi...
            I am also a victim of this.The agent of kotak life insurance as well as their concern person CHEAT me by telling false.They told me that you have to pay the premium for the 3 years only and there will be no deduction of the charges and all you will receive your money after 3 years according to the fund value.

            PLEASE HELP ME WHAT SHOULD I DO...???


            MONIKA
            Same is the case with me.. My 25000 is blocked..they are saying I have to remain invested for the next 20 years to get that amount. On top of that what they are paying is 43750 that is just 18750 as interest after 20 long years. Even with nominal 9 % fixed deposit one would be able to make 100000 in 16 years i.e 75000 interest amount with principal 25000 seperate. How could IRDA allow this policy to be sold?

            Has anyone taken any step towards the same in the light of IRDA regulation 2009-10?

            Prabhas
            I have also same complaint against KOTAK regarding 'KOTAK SMART ADVANTAGE PLAN"

            I am also touch with IRDA and KOTAK regarding fraud of this Plan.

            This plan is very fraud, one side Agent saying that Locking Period is 3 years and Customer will get 33% benefits and another side Company cannot invest our 1st year premium in the MARKET.

            I THINK THAT COMPANY CANNOT BOUND CUSTOMER AFTER LOCKING PERIOD OF 3 YEARS and IF CUSTOMER WANTS TO WITHDRAW THE SAME AFTER LOCKING PERIOD, COMPANY CAN BE BOUNDED TO RETURN HIS 1st premium with interest + VALUE OF FUND.

            IRDA AND KOTAK ARE REQUESTED TO CHANGE THE RULE AND DO NOT BOUND HIS CUSTOMER.

            HOW COMPANY CAN SAY THAT 'CUSTOMER IS GOD'

            SATISH KUMAR
            [protected]
            I too totally agree with the above complaints, Kotak Life insurance is the biggest cheater. We should together fight against this, the agent never disclosed about the 1st year premium being not invested in market. KLI is pathetic.Inspite of so many complaints above, Kotak support has hardly responded, This shows the truth of their customer service team.

            Narmada.
            I also agree that Kotak Life insurance is Making false promises and selling the policy without informing the customer of its full and transparent implication
            My policy number is 01483313, there are so many phone calls about bonus add karne ke liye company ka aadmi bhej reahe hai, abhi jawab do nahi to bonus hata denge " Is policy me agent ka commission kata hai, aik aadmi bhej rahe hai Ab company seedhe policy de rahi hai! and so much ! i am fed up with this ... and about surrender the same "pehle seal ka premium katega"
            i was an employee at koatk jorhat branch even when i am being cheat by the branch manager what about you public /clients .
            as an employee i know the poor intergrity of the hr and low profile managers .

            afsana begum
            no insurance gives profit to any body as an insurance person i tell only tax benifits .one can only belief in LIC .please re think on investment .agents mangers they lie for their salaries or else manager will not pay the salary .
            I also agree and I am also victim of KLI and this time the company at its own illegally without my consent and authorization withdraw the premium amount from my saving account from which I was paying the premium for the last three years by illegally activating the ECS and when I called on the helpline no. they were unable to give proper reply and when i filed the complaint and asked the copies of the papers for the ECS, on the email address of customer care, they are making one or the other excuse. Soon I am going to file a police complaint for cheating and forgery, and another complaints in the consumer courts and Judicial Courts, if I will not get the reply within 48 hours. NAVDEEP GUPTA from Patiala (Punjab)

            To know about reason for deduction

            In my account, I have got message as TIPS/SCHGS/EXH/INDIAN RAILWAYB CATE/ -280 that is 280 Rs deducted so assist me to the reason for above message
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              kunaldua
              from Kolkata, West Bengal
              Jan 31, 2011
              Resolved
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              Address: Faridabad, Haryana

              need to know the status of application IOOC746108
              as it was approved long time back...Received email that card will be delivered in 10 working days but nothing else after that..What about the card shippment?
              Aug 13, 2020
              Complaint marked as Resolved 
              Aug 26, 2014
              satyendra k singh's response
              Application Reference No:[protected] Application status: Not Approved As your residence address is not covered within our serviceable area. We were unable to verify/ contact you at the office address as provided by you in the application. We request you to kindly call our Customer Contact Centre to provide any landmark or additional information regarding the address. Details of your residence, as provided by you; on your Kotak Credit Card application could not be verified. We regret to inform that your application has not been approved. Please note that this is no way a reflection of your credit worthiness. MY ADD. IS HNO.F4/243 GROUND FLOOR,SECOR-16 ROHINI-DELHI-110089 NEAR JAIN BHARTI PUBLIC SCHOOL OFF.ADD. E15/151,152 SEC.8,ROHINI BRAND(RUDRAKSHI)NEAR HITAISHI HOSPITAL OFF ADD.880/804B MAIN MARKET RANIBAGH NEAR SBI BANK DELHI-110034 PH NO.[protected],[protected] PLZ SOLVE THE PROBLEM THANX & REGARDS. SATYENDRA KUMAR SINGH

              n/a — I did not find my status of application

              Hi Sir/Madam,
              I applied for passport on 17th sep 2008 in Guntur.Enquiry also completed.But, when i am checking my application status it is giving error(information not available).When it will update.Could you please suggest me, What i have to do in this case.

              My application number is Z510038
              key no [protected]
              Yours FaithFully,
              Shankar Vejalla.

              Kotakcreditcard — not yet received

              my airwaybill no is AWB[protected] this is belongs to EXPRESSIT courier service.those people are very worst to deliver the cards.when i have given complaint to the kotak card, they are also behaving like this only.tghis expressit service is world 1st worst service.somany people are giving complaints against expressit, but kotak bank still continue with the expressit only.kotak bank will loose somany things with expressit.

              Kotak Credit Card — not delivered

              i have not received my kotak credit card once hte courier boy came to my home address i was not there so again he did not came to my office address and my AWB no is [protected].

              Kotak Card — NOT RECEIVED ANY CARD

              I am recievied a SMS MY PHONE,
              WE HAVE RECIVED YOUR KOTAKDARD APPLICATION NO;[protected],PLS GIVE US 21 DAYS TO PROCESS YOUR APP.STATUS AVAILABLE ONLINEwww.kotakcards.com 25/07/2010

              But till nobody not contact me,tell me is true or fraud

              k.senthil
              Dear customer,

              We request you to write to service.[protected]@kotak.com with your application details. Once we receive this information, our team will assist you further.

              Regards, Kotak Support Team
              hi i want to know my applicatin status, i unfortunately deleted the application number kindly provide me
              my mobile no-[protected]. i didn't get my credit card. i applied it on 30th July.
              my mobile no-[protected]. i didn't get my credit card. i applied it on 30th July, he didn't give me application number, i have only form number which is KC0189775. please give me my response fast.
              hello sir mujhe yanha se koi bhi feedback nhi mila my application number is[protected]. plz solve my prblm
              plz sir contact me nd solve my prblm
              i have deposited my kmb card cheque amt 21, 215 drown frm icicibank chque no is 725666, on dated 22nd of oct, 2012 at amboli atm mumbai, bt still nt receive any clarification frm ur end, r u receive or cheque or nt, i was call in call center, yesterday ur executive said wait another two days, ur system still not showing my cheque, just i want to confirm know kindly, update where my cheque gone on ur atm. ur executive told send ur account statement.on mail
              so im sendin my a/c statement as peer ur ready reference,
              my kmb credit card no, is [protected]

              kindly reply as early as possible
              anwar shaikh
              [protected]
              Account statement
              ________________________________________________________________________________...
              Statement Criteria
              ________________________________________________________________________________...
              Account Number :[protected]
              Branch Name : 0267
              Bank ID : ICI
              Date ranging from 20/10/2012 to 28/10/2012

              ________________________________________________________________________________...
              No Tran ID Value Date Txn Date Cheque No. Description Cr/Dr Amount Available Balance
              ________________________________________________________________________________...
              1 SB257238 20/10/2012 20/10/2012 ATM/CASH WDL/20-10-12/18:47:04/0 Dr 700 17, 629.10
              2 SB4790682 24/10/2012 24/10/2012 ATM/CASH WDL/24-10-12/17:36:27/0 Dr 800 16, 829.10
              3 M356814 25/10/2012 25/10/2012 BY CASH - ANDHERI BRANCH Cr 6, 000.00 22, 829.10
              4 SB9199583 27/10/2012 27/10/2012 ATM/CASH WDL/27-10-12/20:33:09/0 Dr 400 22, 429.10


              Note:
              1. Transaction date: The date when the transaction in the account is entered.
              Dear Sir / Madam

              Subject: Credit card bill

              Please request to issue of Credit card bill. yet no received of credit
              card bill month October 2012. & no received of credit card bill is
              hard copy.& no response of customer care.

              Payment related
              no received of credit card bill. already complain is 3 time. ignore

              please immediately issue of my credit card bill.

              Please contact urgently

              my cell no. - +91 [protected]



              Anita Mali
              I need to know the status of my credit card upgrade credit limit Ref no 1-[protected].
              my mobile no-[protected].My Name is R.Lalitha Prasad i didn't get my credit card. i applied a bow 3 weeks.exquisite is given application From and application number is 5676788, and Form number is MA01306153 But Online status is not Respond and whats the problem please give me my response fast.
              sir,
              this is parthasarathy fro chennai i have applied for credit card 2 weeks back all the verification over and i have got the reffernce number also bot it is stating that it is not approved pls provied clear information its the fault of the executive who came and filled the application pls response fast.

              my app no is 01273744

              my reff no is[protected]

              my mobile no is [protected].
              I am Ramneek Kaur Walia my credit card no is [protected] r/o AE 24 IInd floor AE block Tagore garden near metro station. your department sanction me rs.43000 but I am not receiving the amount of rs.43, 000/-.kindly give the reason why you are decline my request om this e-mail id [protected]@rediffmail.com.
              iam gopinath. i applied credit cardon 06th dec 2012. he didnot given applivation number.
              i have only pan no CFUPK4178N.
              MY MOBILE NO IS. [protected]
              My mail id: [protected]@gmail.com
              pls give me my responce fast.
              Dear sir/mem,


              I would have applied credit card Wednesday one person will come to my home for address verification. after that i check my card status it was shown not approved. whats the reason i dont know. so could u send me message for what reason it was happened? my mobile no is [protected] and my mail id is prasant.[protected]@rediffmail.com. Application Reference No:[protected].

              Thank You.
              sir,
              this is p.harikrishna achari fro hyderadad i have applied for credit card 2 weeks back all the verification over and i have no reffernce number i have application no MA01361606 but it is approved. pls provied clear information OF MY CREDIT CARD states and coriyar details.
              my appli no: ma01361606
              pan no: AVBPP1691C
              ph no: [protected]
              k.loganatan tup myapplicationrejet pleasetell any resan no;[protected],[protected]
              I have applied for a new Kotak credit card on 24 May. Till today I did not receive any call from you or any application no so that I can not track my application. This is my third trial, pl. tell me immediately.
              Apply no ETC1320006, mobile no [protected] kotak card apply 3 times but reject credit card.what problam how many reject.so me my card reason no approvel.thanks you.
              Good services offered by KOTAK Mahindra Bank...

              :-)
              Madam/Sir,
              On the advice of bank i applied for credit card. Representative of bank who visited my residence with application form conveyed that an Add On card will also be issed in your spouse name (ie in the name of Mrs Kiran singh). I received to cards but those or in the name of my wife Kiran Singh & my daughter Tanu priya. Tanu priya singh never applied for any card sofar. It is mater of my utmost surprise that no card was isued to me who applied for card instead it is isued to one who never applied for any card.
              Please correct it immediatly & isue card in my name ie Om prakash singh. My a/c no is [protected] & [protected]. Tanupriya's card no-[protected].
              Please respond & comply.
              Thanking you in anticipation

              yours very truly

              omprakash singh
              Sir/Madam,
              While acceping complains why password of E-Mail ID is being asked. It is personal secet code which no else should know.
              Please comment.

              omprakash singh
              Dear sir,


              My name ARUN PANDEY and CRN no 82739066 have an kotak salaried account and kotak credit card . Due to some personal problem I would not pay the credit card bill but when recived the payment I paid full and final payment of my credit card bill .. I promise u in future don't delay any credit card bill .Kindly request u to plz Re- activate my credit card

              Thank you
              Arun Pandey
              [protected]
              Hi sir or medam

              I have aply for Credit card refrence No Is[protected] I cl to they my application is diclain plz can u give details I gave all documents what they have required


              THANK UU

              VISHAKA BABU
              [protected]
              My name is Radamchui kamei i apply credit card its been almost three week but no sign still status is same, card is being process .Application Reference No[protected].


              Therefore i wanna to know the status of my card it approve or decline ??
              you can contact [protected] .email ID [protected]@yahoo.com
              Hi, Apologies for the inconvenience caused to you. We request you to kindly provide your Customer relationship number / Account Number/ Contact number to us at solutions.[protected]@kotak.com enabling us to investigate the matter and assist you further. ^Kotak Team

              Debit card charges Saving a/c no 01830120008497

              In my Kotak bank saving account no [protected], Rs 171.75 was debited on 5th April'16 for debit card annual fee charges. pls reverse the same on priority

              as I am following through phone, but query still unresolved.

              Regards
              sir,
              This is D.Manikandan from Chennai i have applied for credit card 1 weeks back all the verification over and i have no reffernce number i have application no MA12736369 but it is approved. pls provied clear information OF MY CREDIT CARD states and coriyar details.
              my appli no: MA12736369
              pan no: BASPM8807J
              ph no: [protected]
              Kotak Mahindra Bank Customer Care's response, Jul 8, 2016
              Verified Support
              Dear Mr Manikandan, we have forwarded your complaint to our relevant team and shall get in touch with you at the earliest. ^Kotak Team
              My name is Vignesh. I have applied for kotak credit credit card through a kota bank credit card executive . I have submitted my PAN card, Address proof and income proof ( IT returns). I got a message from Kotak regarding application number. On same day, when I checked for status, its shows not approved.
              I need to know the exact reason why card has not been approved. Because none contacted me till now for the verification. For kind info.. My cibil score is also above 750.
              Kindly resolve my issue as soon as possible.

              My application no:[protected]
              Email address: [protected]@gmail.com
              Mobile no: [protected]
              i have not received my kotak credit card once hte courier boy came to my home address i was not there so again he did not came to my office address and my AWB no is [protected].
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                Nirat
                from Pune, Maharashtra
                Jan 28, 2011
                Resolved
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                Address: Gautam Buddha Nagar, Uttar Pradesh

                Hi,
                This is regarding Car Loan account no. CF6184814 which I have taken from KMPL, laxmi Nagar Branch, Delhi.
                I am sorry to say but they took more then 6 month to process my file (instead they should have told me that my loan can not be processed).
                After loan got approved with so many hiccups (in July 2010 I took the delivery of the vehicle)...now come the other problems.
                I have opted for ECS and gave my mandate from HDFC bank duely signed and stamped by HDFC Bank (3 copies). Right the month (August 2010) my first ECS was returned from the HDFC Bank saying "No such account" (this is what conveyed by the KMPL). I gave the cheque of the same HDFC Bank and it got passed with the same account which I mentioned in ECS mandate form. I requested KMPL to re-validate the mandate by getting it again authorised by the HDFC Bank. but till now I am paying by cheques only and getting a letter from KMPL saying that since my ECS are getting bounced so I have to a penalty. Every month they come and collect the cheque and make promises to resolve the problem.
                They also asked to hand over all the cheques or open an account with KMBL. Is this the KOTAK's policy to get more account win????

                Please resolve this ASAP to let live me in peace of mind.

                Regards
                Nirat Kumar
                Aug 13, 2020
                Complaint marked as Resolved 
                Dear Mr Kumar,

                The error with the ECS was the result of the wrong account number being mentioned on the ECS mandate form; we wish to confirm that this has now been rectified. The ECS due on Feb 10, 2011 will be banked with the correct account number.

                Incase of any further queries kindly mail us back on service.[protected]@kotak.com or call us on our toll free no #[protected] and we would be happy to assist you.

                Regards, Kotak Support Team
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                  Rabindrakumarsingh
                  from Delhi, Delhi
                  Jan 27, 2011
                  Resolved
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                  I am Rabindra kumar singh, Policy No 00303845, kotak flexi plan comenced fron 02/02/2005, want statement of account. please send it to my E-Mail rks.[protected]@Gmail.com
                  Aug 13, 2020
                  Complaint marked as Resolved 
                  Dear Mr. Singh,

                  We would like to confirm that the statement of account for your policy has been sent through email. We will also send the same through courier to your mailing address.

                  For further queries please feel free to write to us at [protected]@kotak.com or contact our Client Service Desk on[protected]Toll Free)|

                  It will be our pleasure to serve you, protect you and be with you... Assuring you of our best services at all times.

                  Regards, Kotak Support Team
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                    A
                    Amit1897
                    from Mumbai, Maharashtra
                    Jan 24, 2011
                    Resolved
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                    Address: Pune, Maharashtra

                    1> Company does not gives regular week offs,i.e Sunday.We all employees work at least 29 days a month and some times even 30 or 31 days, if asked question the owner says that its client requirment,our client whos process is hired and for we are working is Kotak life Insurance.
                    if an holiday is given on an 26th Jan or a 15th Aug,it then calls us to work on our decided week off i.e. Sunday.

                    2> Shift hours are exceeded beyond 8hours.

                    3> Our company name is 24o7,and our client is Kotak.We are asked to call customers on Sundays as well which i think is illegal to do for a Telemarketing company.
                    Kindly help us and kindly do not disclose my name

                    Regards,
                    Amit
                    Aug 13, 2020
                    Complaint marked as Resolved 
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                      D
                      DEVENDRAKUMAR TRIPATHI
                      from Mumbai, Maharashtra
                      Jan 24, 2011
                      Resolved
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                      Address: Maharashtra

                      I applied for personal loan with Kotak Mahindra Bank on 12/01/2011 as this loan amount needed for my sister's marriage. I submitted all my documents including Loan Application Form, PAN, Ration Card Copy, Electricity Bill, Salary Slip for latest three months, Bank Statement (I have my Salary Account with Kotak Bank itself) & One photograph. The bank officials visited my residence twice one on 14/01/2011 and second on 17/01/2011. They said that this is our rutine verification. the person who visited our residence demanded Rs. 20000 for providing loan which I refused to pay. The officer who involed in this one named Mr. Shailesh Mangal(Mob No. [protected]) & Mr. Shetkar ([protected]), Mr. shailesh told me on phone sir don't worry your loan will be processed before 20/01/2011.On thursday Called to Mr. Sailesh he adviced me to Contact Mr. Shetkar after calling to shetkar he inform me that your loan application is rejected without mentioning the reason for that. I requested him to explain me the reason of rejection, he told that as per our policy we are not informing the reason of rejection to the applicant. I also done the mail to Mr. Shailesh for providing me the reason of rejection and return all my documents at my Company address but till today(24/01/2011) they not returned me all my documents. Today I received call from Kotak Bank about My Request for loan. After dicussing with me the person who called me inform me that We can not provide loan to the person who has the salary less than Rs.10000 pm.and they are not giving loan below Rs. 200000/-. After this incident I called to said Mr. Shetkar about the returm of all my Documents including my Photograph, He inform me that we done the courier on 21/01/2011 at the address you requested. when I told him to provide me the POD Number and the name of the courier Comany, he refused with request that he will give me in five minutes which he not given me at all.

                      As after visiting the site of the Bank I got the information as follows
                      1) Min Loan Rs.50000 & Max. Rs. 50 Lakhs
                      2) Loan Tenure 12 to 60 months for salaried Persons
                      3) must be working with public ltd. Co/ mnc/pvt ltd.
                      4) Age limit 23 to 58 (Indian Resident)
                      5) Income net monthly salary of Rs 10000 with no loan
                      6) Qualification Graduate
                      7) residence Telephone - Required
                      8) Year in City - 1 Year
                      9) Total work experience - Min 1 year

                      As I fulfil all the above reqirement but also they not given the loan to me and giving me mental harrassment from 13/01/2011 till now by making calls and misguiding me on different issued and requirement. I want to file a case on this advice me what to do and how. please help me in this regards.

                      Devendrakumar Tripathi
                      Aug 13, 2020
                      Complaint marked as Resolved 

                      Kotak Mahindra — personal loan

                      am bought 50, 000 loan from kothak mahindra, am paying my amount through our ICICI bank ECS clearing. but the bank say's my outstanding amount is nearly 70, 000.00 and pay imediately, what shall i do...
                      yttr

                      kOTAK BANK -Personal Loan — Harassment for Loan

                      Here I made a requested to " Kotak Bank ,personal loan dept ( Kalina Branch -Santacruz East ). mail dated 23 Nov 10 , That due to unfortunate & circumstances I met with an Accident & My Father's sad demise in same month of "June 10" .


                      That My salary will be deduct for few months due to leave without pay.
                      And I wont be able to pay the Emi for the month of Nov Dec , Jan .

                      But inspite of requesting several time on phone, their representative , they are torturing and harassing me and my family .

                      Also they discontinued my loan account / terminated .without intimation and asking me to bare all the charges .( letter dated 06 Jan 11 )

                      Please help me to get some time /month from the bank to repay all my dues and EMI’s , as I don’t want any ones money . I took I paid some of it .Just want a time to repay all .

                      As my condition is not good right now. .

                      Please Help me..,

                      Below are the loan details
                      I took this loan on 27 Nov 07.,and paid moist of the EMI's only 1 year is left for full payment /to complete the loan tenure
                      Total -Loan Amount Financed in Rs. 3,02,583.00
                      Loan Tenure in Months 48
                      Loan Emi Start Date 05-JAN-08
                      Loan Maturity Date 05-DEC-11
                      Loan Principal O/s in Rs. 86,778.57
                      Total Payable as on Date Due date: 1,05,782.31
                      Dear Mr. Tripathi,

                      Please accept our apologies for the inconvenience caused to you. We wish to confirm that we are looking into the said matter and shall revert to you shortly.

                      For any clarifications, kindly contact us on our customer care nos. at [protected] /66006022 or alternatively mail us at solutions.[protected]@kotak.com / mumbai.[protected]@kotak.com and we would be glad to assist you.

                      Regards, Kotak Support Team
                      Hello, I have applied for personal loan @ kotak mahindra bangalore submitted all reqd documents by 9th july2014 but till now no reply and no responce for the calls from kotak representatives. Mr.ram [protected] mr srinivas [protected] & receptionist [protected] & mr.manjunath [protected] are the representatives of kotak. nobady are responding to the calls.
                      As I received phone call regarding loan based on life insurance on December month from kotak mahindra bank adyar branch. They telling all benefits interest %is very less, no processing charge and main thing no need of cibil score checking. I told to that person sandhya ([protected]) I am having very low cibil score she told me that you have buy a life insurance in any insurance company. You can be eligible for Rs. 400000 loan for the insurance policy value of Rs. 30000. Based on the information provided by the kotak bank person ( sandhya) I have purchased a insurance policy in Reliance nippon life insurance.

                      Before the insurance policy they have verified and received all my documents like

                      1. Pan card

                      2. Aadhar card

                      3. 3 month bank statement

                      4. 1 cancelled Cheque leaf

                      After verification they confirmed with you are eligible for 4lac at interest rate of 5.5% for the period of 5years. Monthly Emi of Rs 8765.

                      On January 18th I have send the insurance policy number & first four pages of insurance policy document to the kotak mahindra bank person sandhya. After that they told you will receive loan on January 29th but I am not received.

                      In February month again I received call from kotak mahindra bank credit department regarding that loan verification. They give another date for the loan amount. I have asked for the application number or acknowledgement number to the sandhya as well as credit department person they said this loan process is done only through online so there is no need of application or acknowledgement number. The loan amount will get credited at February 26th. That day also I am not received.

                      Again they said the same reason. On march 16th I received call from the kotak mahindra bank credit department regarding 3rd verification and I given the proper response to the credit department person and she given the date on March 25th. On 25th also I am not received the loan amount.

                      After that they are not picking the phone call if I call from some other number they pick tell that I am in meeting. I will check the status & tell you like that.

                      Regarding the loan follow up I am very much frustrated & get worst service from the kotak mahindra bank. Suppose the loan amount has not approved tell me with the commitment from your side I also given commitment.

                      These are the phone numbers I have received

                      1. Sandhya [protected]

                      2. Raja [protected]

                      3. Sandhya [protected]

                      Credit department numbers

                      [protected]

                      [protected]

                      [protected].

                      With these numbers you can follow up the loan. Then only I will take the next step. Whether I have to give a complaint in the local police station or in the banking ombudsman. Anything you have to update me kindly reply to my mail. If you want any proof regarding the loan I having it voice recordings also I am having it.

                      Kindly do the needful.
                      Murugan Gan's reply, Apr 30, 2019
                      There is no response from kotak mahindra bank official mail and customer care number.
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                        kishoredivvela
                        from Mumbai, Maharashtra
                        Jan 15, 2011
                        Resolved
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                        Address: Bangalore, Karnataka

                        This is Kishore having account with Kotak ([protected]), I have used my Debit card to withdraw 10000/-Rs in SBI ATM near koramangala, Bangalore. I haven't received any money from ATM but money has been deducted from account. This transaction happend 1st Oct 2010 and informed to koramangala kotak branch with in 15 mins.

                        Kotak people from lavelle road branch responded me after two months of complaint and they said transaction is sucessful as per SBI Bank. I have been asking kotak to get CCTV clips from SBI. It is really shameful of Kotak as they unable to get proper response from SBI. When ever i call Kotak people they say that SBI is not responding properly. Recently one guy Naren called me told that SBI has confirmed from CCTV clips and he insisted me to go to SBI to get the CCTV clips.

                        Few days ago i went to SBI PBB , Koramangala branch, It is really unfortunate SBI don't have any CCTV clips for that day, and without enquiring any details Kotak people forced me to go to SBI. This is another example of shamefulness of Kotak as they don't follow any details properly.

                        I have been contacting / following up with many people Lavelle road branch. ( Names are ANU, Harsha, Bijayalakshmi, Naren.. etc... ) No one is able to get this transaction money back.


                        i need my money back. Please do something to get this.
                        Aug 13, 2020
                        Complaint marked as Resolved 
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                          R
                          rrnarayan
                          Jan 10, 2011
                          Resolved
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                          Resolved

                          Address: Mumbai City, Maharashtra

                          I have an investment account with Kotak since 2007 through which I made my mutual fund transactions.
                          Lately since some time I am not able to login to my account and when I try to generate a new password it says that there are not enough details with the bank.
                          On calling the customer care I learnt that since I do nothave any other account like a credit card or savings account with the bank I wont be able to generate the password online.
                          I informed the fellow that there was nothing such mentioned when I had actually opened the account.

                          Now to get a new password I am running back and forth so that i am able to see my investments.
                          Also even though directed by Sebi I am not getting my quarterly statements.

                          The bank has such bad and pathetic customer service that it really makes me think how long it can sustain in the market. The BM/RM do not seem to bebothered about this.

                          I am also registering a complalint with Sebi about this case.
                          Aug 13, 2020
                          Complaint marked as Resolved 
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                            R
                            ravi.dutt
                            from Mumbai, Maharashtra
                            Jan 8, 2011
                            Resolved
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                            Resolved

                            Address: Mumbai City, Maharashtra

                            Customer going for a Ride!
                            Story of a loyal customer of Kotak Bank, who was duped for crores


                            In a shocking incident, a high net-worth client of Kotak Mahindra Bank was hustled into buying a dud product for a whopping sum of Rs2.27 crore, with the bank pocketing a cool profit of Rs1 crore in the process. The wealth management arm of the bank allegedly misled the investor into putting the money in its India Growth Fund, based on bogus claims regarding its worth and taking undue advantage of the brand name to influence the buyer. The investor's repeated pleas to rectify the damage have fallen on deaf ears as Kotak officials refuse to budge.

                            For full story click on this link http://moneylife.in/article/4/12944.html
                            Aug 13, 2020
                            Complaint marked as Resolved 
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                              S
                              suraj_k45
                              from Noida, Uttar Pradesh
                              Jan 5, 2011
                              Resolved
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                              Resolved

                              Address: South West Delhi, Delhi

                              Dear Sir,
                              My name is suraj kumar. I am taking this up on behalf of my father regarding investment on kotak mutual fund (kotak indo world infrastruce fund-growth) which lead a big loss in principal amount instead of expected return. 5Lac had been invested dt. 25 Jan 2008 by one of our LIC MF agent in neighbourhood who assured the best return but its not worked out and our hard earned money in loss of 1.2 Lac right now. I am unable to understand who is responsible for this loss. Is that LIC MF agent is responsible or is this responsibility of company to take care the investor’s money who gives the faith? We are really depressed for this loss and writing in respect of getting a positive response on this. Also requesting for taking action against who has played irresponsibility in this regard.

                              Regards,
                              Suraj Kumar
                              [protected]
                              Aug 13, 2020
                              Complaint marked as Resolved 

                              Kotak Mutual Fund — DELAY IN GETTING MONEY

                              My account no. 1565284/15, Kotak Opportunities growth fund was submitted for redemption on 25 th March 2011 but still the payment has not been recieved. It was an SIP registered in Centurian Bank of Punjab during 2008. I have changed the bank account details after merger of COP Bank in HDFC, which is again confirmed by CAMs vide dated: 3rd Oct'2009. But after 15 days till on 10th April'2011 M/S KOTAK has not issued any chequ against my redemption. The stated that since COP Bank is registered for your account, which is now closed. Hence you have not been issued cheque. Where as i have confirmation letter with me regarding change of bank. So now I request you for helping me to get the money with the latest NAV in my regisered account.

                              Thank you
                              Reply not yet received
                              Dear Investor,

                              We would like to apologize for the inconvenience caused to you on account of delay in receipt of your redemption cheque.

                              However, we would like to inform you that your redemption cheque has been dispatched to your registered address on April 8, 2011. Request you to write to us at solutions.[protected]@kotak.com for further information. Our team will be glad to assist you.

                              Thanking you & assuring you of our best service at all times.

                              Regards, Kotak Support Team
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                                pmf0203
                                from Delhi, Delhi
                                Jan 4, 2011
                                Resolved
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                                Resolved

                                Address: Gautam Buddha Nagar, Uttar Pradesh

                                I was an account in Kotak.I was not using it, it got closed by bank but recently I opened an account in Kotak, they asked me to update previous one, but they opened new account and didn't provide me cheque book neither welcome kit nor anything else only pins...

                                When I checked the ATM Card I got an error Message "Invalid Card" I asked to CCE of bank he told me to make a transaction through kotak ATM even card was deactive they didn't check, When I got my salary in the account I was trying to transact then again I got same error mesage it was really an extreme emergency then in the evening I got info by CCE that your card is deactive we cant do any thing

                                And you can not withdraw by slip if you are first time I ruined my whole day but they didn't help me.

                                It was really a bad experience on that day I decided to close the Account in kotak.

                                But I am only waiting for my cheque book to withdraw my salary from there.
                                Aug 13, 2020
                                Complaint marked as Resolved 
                                It is I thin ka universal problem with Kotak Mahindra Bank, My debit card hasnt worked since day1 of opening the account and its been 3 years, I have finally decided to close the account for which they have asked me to pay Rs. 750, I don't know for what.

                                I will never recdommend this bank to any one. How come a new debit card be deactivated is hard to understand.
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                                  A
                                  axis.pradeep
                                  from indirapuram, Uttar Pradesh
                                  Jan 3, 2011
                                  Resolved
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                                  Address: Uttar Pradesh

                                  While joining with Wipro technologies, Greather Noida. on 18th nov. i opened a salary account with kotak mahindra bank , noida sector 18 branch . while doing so i was given the list of the offerings given by the bank to the corporate customer, in while credit card facility was also mentioned. this was the only product which had made kotak mahindra bank different from other bank present.

                                  Deputy manager of the Bank had promised me that i will be given all the facilites which had been mentioned. after 20days of opening of account i enquired about the credit card quary for which they replied that two kits had been issued to me and they had been dispatched to my communication address( as appended in the attachment). upon regular follow up with the concern department they have made a remark that presentely they cannot provide the facility of credit card as my office area doesn't fall in their service category!! where as twp kits which had been issued to me are no where in the line.

                                  This remark purely contardict the previous statement of the renowed Financial institution like Kotak. More over its a concern of total Mis-selling . where in the emphasis is given on sourcing of account only .. kindly help.

                                  regards
                                  Pradeep Negi
                                  Business Analyst
                                  Wipro Technologies
                                  Greater Noida, up
                                  [protected]
                                  Aug 13, 2020
                                  Complaint marked as Resolved 
                                  Dear Mr Negi,

                                  We apologize for the inconvenience you have been caused about the credit card, and would like to thank you for bringing this issue to our notice.

                                  We request you to write to solutions.[protected]@kotak.com with your CRN/Account number, so we may check the case in detail.

                                  Assuring you of best services.

                                  Regards, Kotak Support Team
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                                    energymahesh
                                    from Virudunagar, Tamil Nadu
                                    Dec 28, 2010
                                    Resolved
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                                    Resolved

                                    Address: Tamil Nadu

                                    The NOC after loan completion was not delivered to me. I had to visit their office to collect it. Further, the NOC was not valid by the time I received it. For revalidating the same, they are charging me Rs. 828. They also charged me 2000 extra without my permission during loan sanction for an insurance that I did not need. Totally, a useless and pathetic service.
                                    Aug 13, 2020
                                    Complaint marked as Resolved 
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                                      namaskar tradelink
                                      from Pipar, Rajasthan
                                      Dec 26, 2010
                                      Resolved
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                                      Resolved

                                      Address: Jodhpur, Rajasthan

                                      I LALIT JAIN would like to ask KOTAK MAHINDRA BANK that on which legal grounds my 2 cheques of rupees 12,93,000 was stopped on saying of PLATINUM DISTRIBUTIONS PVT. LTD . Mumbai. I m very ashamed to tell you that your management and banking staff supports FRAUDULENCE & ECONOMIC CRIME ACTIVITIES performed by platinum distributions pvt. ltd. Maintaining a/c's of FRAUD company like PLATINUM DISTRIBUTIONS PVT. LTD. - is this your banking policy ??

                                      As per my information and research this fraud company PLATINUM DISTRIBUTIONS PVT. LTD. firstl deals with genuine person/dealers with the intention of doing fraud by giving them cheque and then mostly cheques of this company are STOPPED for no reason. AND, management & banking staff of KOTAK MAHINDRA BANK is also supporting this hobby of platinum distributions pvt. ltd. TO SUPPORT ECONOMIC CRIME ACTIVITIES .

                                      This proves that bank staff , managers are also having involvement or special interest in giving birth to FRAUD and ECONONMIC CRIME ACTIVITIES.

                                      Therefore, somehow KOTAK MAHINDRA BANK is also initializing steps towards ECONOMIC CRIME.

                                      IN INTERRUPTING FINANCIAL TRANSACTIONS - KOTAK BANK IS ALSO LEGALLY RESPONSIBLE

                                      I m providing you details of bounced cheques , letters of party
                                      • party name---- platinum distributions pvt. ltd.
                                      • party's bank a/c no--- [protected]
                                      • kotak mahindra bank
                                      • branch adress & phone no--- Ground Floor, Neel Rekha Bldg. L T Road, Borivali (W) Mumbai[protected]/28010743
                                      • cheque no & cheque amount[protected] of rupees 10,00,000 (ten lacs) & 001299 of rupees 2,93,000 (two lac ninety three thousand)
                                      • dated--- 20 december 2010

                                      rest details and letters of company are attached with this .

                                      I WANT IMMEDIATE ACTION !!

                                      FROM,

                                      LALIT JAIN

                                      NAMASKAR TRADE LINK
                                      27-C KOTHARI COMPLEX
                                      OPPOSITE DIESEL SHED
                                      INDUSTRIAL ESTATE
                                      JODHPUR (RAJ)

                                      CELL NO[protected] & [protected]
                                      Aug 13, 2020
                                      Complaint marked as Resolved 
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