Kotak Mahindra Bank Complaints & Reviews

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...

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....

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...

Hi,
Last November 10/11/2010 I did a Policy Known as Kotak Midcap FUND , I submitted an ICICI BAN Cheque of amount 2000 bearing number 369248,
As per my Bank Record the amount is debited from my account and there is no signature mismatch , but when I call to the customer care for status of my Mutual fund that time I came to know that the KOTAK MIDCAO FUND is cancelled because of Signature mismatch , but ICICI bank is telling...

This is Jaiprakash Madnani. I am working with Infosys Pune. I have applied for Credit card with HDFC bank and Citi Bank and my application was declined. I was shocked and reason was credit Bureau. I thought I a have home loan which I have been paying from last 5 years without a single delay. Using 3 Credit cards, used for more than 4 Lakhs in last 3 years without a single late payment, never paid interest. So How come it is possible?
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I want the letter showing tax exemption for the current year. Customer care executives are not responding on phone....

i have open policy (kotak smart advantage plan) in month may-june 2009. Still date i have not recieved any document or any premium paid recipt.
Please do the needful.
Prafulla Ingale...

. One of the representative of kotak-mahindra bank told me that there will be interest rate of 9.5% and 2.5 lac loan amout will conclude 8125 Rs. per month as installment for 36 months, i signed the blank documents....

I dont know how to calculate the interest of 8125 Rs. results in how much interest rate???

I am planning to go to customer suraksa kendra.. what should i do????
My email id. [protected]@rediffmail.com...

Hi,

I am having savings account with Kotak Bank and they have deducted NMC to the tune as shoen below. At the time of opening the bank acc no information about any kind of charges was given to me and since then i have been levied NMC charges every quarter. Details of the same are given below. In case you need any more information please let me know.


Details of charges:
1-Apr-10 Non Maintenance...

Hello,
My name is Amit Shende, i am intending to buy term insurance policy from a insurance company ie. Kotak life insurance at Nagpur Maharashtra, for that i come in contact with Mr. Abheejet sales manager / executive of Kotak life insurance company at Nagpur Maharashtra.He gives all the information regarding the policy and take complete details of my, he also collect a cheque of Rs.10096/- from me and said that he give me the receipt...

Dear Team,

I applied for P.F withdrawl in sept'10 and company received my p.f form on sept,4th'2010 and still they not process for p.f withdrawl. Kindly do the needfull.

Regards
Ashish Khandelwal
P.F acc. No MH/45187/15355
Mail I.D [protected]@rediffmail.com
Mob. No. [protected]...

iam having a saving a/c in kotak bank a/c no [protected] since last 4 year

they offered zero balance saving a/c with kotak securities trading a/c now from last 2 year
they are charging non maintenance charges that also double even first time i seen cash dep charges
phone banking charges all unnecessary charges debited how the bank is not commitment on their word
how they charges like this is very ridiculous...

Dear Sir/Mam,

This is to bring to your notice that policy #01962458 was sold to me based on fake information and projection of the amount growth by Apoorva Insurance Brokers Pvt. Ltd.

I was provided with some documents and an excel sheet (in email) having the calculation of the projected amount which I’ll get at the time of maturity (Annexure 1, page 1 to 5 attached). Premium allocation charges were not communicated...

my Easy Day Card document subment two time to Easy day Show Room At Majitha Road Amritsar.But No.issue me By kotak mohindra card for shoping card.Something.My Mobile No.[protected].
55.Phase 2,Rishivihar,Majitha road Amritsar.143001.
Please Tel me Reason of De cosider me. My E.Mail: [protected]@yahoo.com
Mobile No.[protected].& [protected]...

Mr. Suresh Chowdhary Mobile no.-[protected], on behalf of kotak company came to my house and sold me a ‘Surakshit Jeevan’ plan. In the policy details, he told that I will get 14.71% return in the existing Flexi Plan in Dec 2010, If i invest in Surakshit Jeevan policy.

Since, Flexi plan was in loss, I had no interest in investing in any of the kotak products. I had already stopped the premium payment of Flexi plan after 3...

Sir/Mam,

Myself is Himadri B Mohapatra having a policy no:[protected]Kotak smart advantage) & i have taken this policy almost 4 years back.But till now never i get any sorts o[censored]pdated policy status.Really it is hopeless.

Therefore requesting you to send the toatal policy value of my Policy: 00886773 in my Email Ids which are mentioned below.

[protected]@yahoo.com
himadri.[protected]@seml.co.in...

my self NITIN KUMAR GUPTA, i was taken a kotak life policy in the month of june the payment was also duly made through cheque of state bank of india, i recd. a bond which is not as per the terms & conditions told to me. after that i'll approach to Kotak life for new bond & sign my new bond as on 28/09/2010 but till now i'll not receive any bond and the management of kotaklife is mis-behave with me. so, kindly give priority...

Hi,
A few days ago i received a letter from kotak mahindra bank(dated -12th aug 2010) about the CRN:7053970 .That letter had sumone else's name ( Mr ShivKumar Sanmukh Nadar) but had my address .
Since the address was mine, the postman delivered it at my address, it is a statement of account of sumone who has taken a loan . i have tried contacting customer service dept, got no help even after running from pillar to post,br...

My Name is P.Rajitha taken car Loan from Kotac Mahindra Prime Ltd.

Cheated On 24/11
Amount Financed : 688000:00


Balance :555694:00 As there shown for Foreclosuer

The Bank branch been taken care MR.Anukur

Mr. anukur Manager and the agency both planed and cheted us by taking amount and not given the Reciept missused my amount and later they Cesed my vechile
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TO
KOTAK MAHINDRA CREDIT CARD

I SYED SUHEL HUSAIN IS A RFPUTED CUSTOMER INDEED
IAM USING KOTAK CREDIT CARD NUMBER [protected]
I HAD DEPOSITE A CHECK OF 38300.00 ON 23 OCTOBER 2010
NOW I RECEIVED MY KOTAK STATEMENT WHERE I FOUND A PENALTY /CHARGES TTHE MANAGER
HERE
THIS IS MY HUMBLE REQUEST TO YOU PLEASE REMOVE THEASE KIND OF CHARGES
AS SOO AS POSSIBLE.

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