Kotak Mahindra Bank Complaints & Reviews

I m very sad to write that I have got very Bad Experience from the representatives of bank.. I had taken agriculture finance from KMBL 2 years ago.... before 2 months ago i foreclosed my account and paid all dues against me.... and i got no dues certificate and original documents after one month of foreclosing of my loan account.....it is shown in our account i found that one emi is excess given by bank.... now last one month i am asking...

It has been more that one month that I am awaiting the Kotak Mahindra Prime Ltd people to refund my the EMIs that they had deducted for the Car Loan that I had taken. The reason why I should get the money back is because I had got the car Loan cancelled because they did not process the loan on time and hence I could not get the car on time.

In spite of all this, I had been patient with them and am following up with them since...

Hello
I have taken Kotak ULIP Insurance product in 2008. even after registration in Donot Disturb, I get almost daily call from Kotak Call center from[protected]. Now its become non tolerable, i feel i hv made a mistake by taking Kotak Indurance, hwy do they share by database with call centre.
Pls rectify this asap.

Regards
Manish...

To,
Kotak Mahindra old Mutual Life Insurance Limited.
Mumbai.

Sub: Complaint and Clarification Regarding Policy No.01863300

Sir/Madam,
This for your kind information that last month I had received call from your Delhi Head office and one girl introduced herself self as branch manager of kotak life insurance company and explain me regarding a Plan Kotak Super Advantage...

Dear Sir,
I'm a bonafied user of Kotak Credit Card using the same and used to pay their dues always within due dates.
As per stmnt dt: 20-NOV-09 I was supposed to pay Rs.431.00 within 7thDec2009. I paid the amount Rs.431.00 vide cheque no. 801387 dt 30-11-09 on Axis Bank, Kankurgachi Br. Kol-54. But unfortunately there was a clerical mistake as the amount was written as " Four hundred thirty only". I got an sms...

Hi Sir,

"I had taken 2 BT one is on Aug 25 and other is in OCT 21 and for the repay I was paying according to the balance transfer I had taken.I had completed the 1 BT in less than 3 months but they are saying that your 1st balance transfer has not yet closed,where they had adjusted the exceeded amount in the second BT. and they are charging the Interest fee on me.If I ask any queries to the customer care people they simple...

Dear Sir,

I have not received my Physical Credit Card Statements from November 2009 to till date. When we called your customer care officer he said that they have already delivered at my address but till now I have not received any statements of credit card. My Address is H.No. 1-5-891/1, Plot No 17, Om Sri Sai nagar Colony,
Road No 3, Meenakshi Nivas, Ist Floor, Old Alwal, Secunderabad - 500010.
and my Office...

Dear Sir,

I have not recieved my Kotak Mahindra Credit Card statements Consignment No's AWB[protected] & AWB[protected] Dated 28.01.2010 from Mumbai, till now when we called the bank they said that they have already despatched your courier the first one on December 2009 & second one on January 2010. When we called your phones Nos their is no response. Please do the the needful immediately.

Thanks...

M/S Kotak Mahindra Old Mutual Life Ins. Ltd.

(i[protected] a/c Vineet Kumar ID 51654715 Premium 1,30,000/=

(ii[protected] a/c Vineet Kumar Premium 1,50,000/=

(iii[protected] a/c Manisha ID 51654181 Premium 20,000/=

(iv[protected] a/c Manisha Premium 20,000/=

(v[protected]...

personal loan

Dear Concern,

please note my father is having a personal loan with Kotak mohindra prime ltd. we are living in jalandhar punjab. our loan amount included interest may be near about 3lac which we have to pay in 36 instalments - out of which we had already paid 28 instalments. now we have 3 instalments bounce but we want to settle our account in three Shots settlements. but banks recovery agents said...

dear
this complaint against kotak mahindra bank.
i have opened a account in kotak bank in c.p. branch that time 2 bank officials promised me about good services such as there is no penalty of check bounce,no charge for outstation cheques,and we will pay FDR interest in ur kotak PRO ACCOUNT but still now i have not received any interest also i m facing too much bouncing charges in my account when i told about manager he refuses...

Dear Sir,

I had invested 5000/- in Kotak Global emerging market fund on the name of my doughter Janhvi, that time my daughter was 2 years old. On 31st Dec-09 we had applied for redemption. After sixteen days we have received a message from Kotak Mutual fund that your redemption in Follio 947542 has been received and cheque will be dispatched to your address.
When we have called to Kotak AMC office they told me that...

Hello
I am owning a Kotak Demat account sincxe last six month and I was promised a Brokerage of rate of .6 Rs Deliverable and 3 paisa intraday.
I was also promised that my 750 Rs account opening charges will also be reverted.
But as usual all this turned out as fake, I constantly followed them but all in vaid.
Now its more that 4 months and they hav'nt reveretd back. My current brokerage is 1 Rs for Deliverable...

I did a kotak smart advantage policy[protected] of 15000/ per year. On Dated:30-12-09,at chandigarh, I signed on application no. 887033 through Mr Akshay/Mr. Janki. I had acknowledgement also. I policy payment terms was 3 year. but when i got document frm kotak, it was having application no. 332491 & strange thing is it was mentioned that payment terms are 20 years and it was also having my signature. whereas I did not sign on this application...

Dear Friends



I have a kotak credit card. I had a due payment of Rs. 280( two hundered eighty onlly).I have droped cheque for its payment @ its drop box five days before the due date.but they didnot colleced the cheque or misplaced it,so after ten days and informed the bank about the matter. And they said that they wil check the matter.



After few days i got the message...

I have requested Kotak Mahindra Bank for regeneration of Debit PIN on 31st Dec 2009, through an application, as I have lost my earlier PIN. This is my new salary account in this bank. The new PIN was supposed to reach me in seven days through post. But even after 12 days of raising request, I have not got my issue resolved. In the meanwhile, I even visited bank twice and got the response that as soon as they will get some response, they will...

I had applied for kotak credit card. The reference number sent to SMS is[protected]. When i applied they collected my confidential documents like pay slips, pan card details etc.

The whole process was painful as they called me many times for verification. The address verification took lot of time.

After all these suddenly they say that they cant give me card. When i ask to return my documents back. They say...

I had opened saving bank no. [protected] two years back with Kotak Bank under their VCS scheme where they had given me in writing that I will not be required to maintain any minimum balance in this account for LIFE TIME. The exact language of the offer is given below:

"We are offering the opportunity to open a saving account with no stipulation of average quarterly balance for life time".

Now after...

I have been receiving unnecessary calls from Kotak Mahindra Life Insurance, Delhi Branch regarding Life Insurance. I have received 20-40 calls in last month. I have told them not to call me again but these people keep disturbing and they have no respect for other person.It would be great help if you could take action against them. Here is their phone number:
[protected]
[protected]
[protected]
[protected]br...

Dear Sir/Mam,

I am chetan sain and i was investment in your company (Kotak Mutual Fund) in sep, 2008 and given request to close my account (mutual fund) on or before july, 2009 but my account is still running in progress. Please tell me why? and now i want to completely close my account, then give me suggestion what i am doing for the same and whenever close my account. Reply must immediately. I am still...