Kotak Mahindra Bank Complaints & Reviews

hi ,

Kotak bank has made my DEMAT account chargeable without informing me. While opening of that account their executive said its a free account for the salary account people.Although they didnt sent id password for the same. After an year they charged me 400 Rs. for the same demat account which i didnt used (without asking me weather i need the same). Iasked their executive so many times for the id password but it got unheard....

Mr. Amitabh Sinha, Manager – sales (Licence No.[protected] collected renewal premium of Rs. 50000/- on 05/05/2009 with respect to policy No. 00936895 of my ward Master Piyush Chaturvedi residing at 414, Gali Peera Panch, Mathura, (Date of Birth : 22/06/1989 & Client ID No.[protected]. As yet money has not been accounted for in/by the company....

HI, I m from bathinda, since last one month i m receiving calls from kotak mahindra life insurance company's guys. After so many denials lastly after so much frustration i attended their insurance familirisation plan with pre condition that i will not take any policy. AT that time the staff was very sweet that Sir, pls attend the plan after that its your wish whether to join or no. we will not pressurise u. I attended the plan and as...

Dear Respected Consumer Court,
I want to highlight how kotak Credit Card company is looting innocent n sincere clients by misleading information and unlawful and cheating calculations.

I am having Kotak Mahindra Bank Fortune card No-[protected] from last almost an year. I am very particular & very much regular about my credit card bills payment, all these months i have always paid all the bills very well withing...

Hi,
I took a car loan from kotak mahindra at tht time the kotak mahindxra people took sum blank cheques from me on signing thier documents they sd thy r just as a security deposit.... i was repaying their instalments monthly on this basis they offered me a personal loan in addition to my car loan which i accepted but due to additional burden sumtimes i waz delayed to pay thm but i made sure to pay thm...one day their men came in...

For last 6 months me and wife is getting harrasment calls from Kotak car finance for no reason. They are troubling us by threatening us with harsh and bad words and asking us to pay the car loan emi which is registered in the name of Mr.David Emmanuel. We do not have any idea about this person. We have contacted Kotak customer service many a times but they have not updated their records (as our numbers are registered in David's account).br...

Iam having a policy no:00741461 and id 50876870

No ajent is giving any response
i dont knoe how many units iam having since 3 years

please provide me present NAV

and benifit details...

Ref Pf Claim No. MH/47242/13214.

Applicat Name : Sachin Sharma

Co. : Kotak Mahindra Bank Ltd.



The above claim sent to PF OFFICE, BANDRA BRANCH, MUMBAI on 7.8.2009

But till now my pf amount is not got credited to my a/c.

Kindly check and do the needful at the earliest....

Plan name: Kotak Retirement Income Plan

Proposal number: 00064719

[protected][protected][protected][protected][protected][protected]
I had deposited the premium of this year on[protected] with following details

Premium: Rs. 10650/-
Cheque number : 706794
Bank Name:...

I hold a Savings account as well as Investment account with KMBL (Kotak Mahindra Bank Limited).
The service they provide is horrible.
When I Logged-in to the NetBanking site, it did not work. It says "You are logged in on a different computer" - And I'm not.
To find a resolution, I called up the Kotak Customer Care.
The Executive asked all the questions of authentication and he says he cannot help.br...

I Vikas Kumar (PAN - AMTPK7185P) having DSA of Kotak Mahindra Prime Ltd. have not received the TDS certificates of commission received from Bank for the financial year 2008-09
Total Commission Received of Rs. 246803/-
TDS Certificat Received of Rs. 97770/-
Balance Certificates are still Pending....

DEAR SIR/MAM

I AM AN AGENT OF KOTAK LIFE INSURANCE COMPANY. WHEN I BECAME THE AGENT I WAS NOT TOLD ABOUT ANY BUSINESS COMMITMENT. I JUST BECAME AN ADVISOR. AFTER SOME DAYS I GAVE A POLICY, AND THEN I THOUGHT THAT I WILL NOT GIVE ANY POLICY TILL MY FIRST COMMISSION CHEQUE COMES. I WAS TOLD THAT MY COMMISSION CHEQUE WAS NOT ISSUED BECAUSE MY BANK DETAILS ARE NOT UPDATED IN THEIR ACCOUNTS. BUT AT THE TIME OF SIGNING FOR ADVISOR,...

dear,

I applied for kotak tax saver fund by their broker bank of india greater noida branch.i applied on 31 july 2008 for tax saving.but till now i did not received a single communication by the kotak as well as their broker bank of india.i sent lot of mail through regrister letter to their chennai office but they did not reply a single complaint. i given 25000 rs tax saving but did not get any certificate.wat...

DURING MY VISIT TO KOTAK BANK IN SECTOR 9 CHANDIGARH FOR GETTING THE ADDRESS CHANGED OF MY BANK ACCOUNT AND ALSO THE DEMAT/TRADING ACCOUNT WITH THEM LAST YEAR AFTER MY RETIREMENT THE STAFF M/S MISS SONAT AND SHARMA CONVINCED TO GET A KOTAK LIFE POLICY IN MY NAME WITH COVER AND ALL THE DATA WERE PROVIDED TO THEM BY GIVING A COPY OF TATA AIG POLICY IN DEC 08 WE HAD CATEGORICALY TOLD THEM THAT WE ARE LEAVING FOR MUMBAI AND WOULD BE RETURNING...

On being received several phone calls from employees of Kotak Mahindra Insurance Co.,I was convinced by them to take "Insurance Policy". Quoting two names one Miss Pooja from telephone no.[protected] and other Mr Anurag.Mr Anurag Collected documents and a Cheque no 657346
dated 11th July 2009,for Rs 36000/-(thirty six thousand only) as first yearly premium and it was told
that the receipt will be sent within...

Dear sir/madam
I have given request for free look cancellation for my policy no 01396455.I have already given request for feelook cancellation policy.I am not givening request for the policy terminated. but the letter was wrongly interputed by your staff and my policy got terminated in the system .please kindly accept my this request and cancel my policy please note this policy docs before send with letter...

I had finance santo Xing from kotak mahindra prime on 23 april 2005. i paid all my EMI on time,but there is problem in system in kotak mahindra cheque clearance,In jan 2007 they told me that my EMI cheque was bounce, iask for bounce cheque details becauce i pass book not shown any cheque bounce entry or any penalty agaist cheque bounce,they told me that all details about(xerox of bounce cheque) will be send shortly by post you pay EMI +...

Hi I work with a big organization at a Managerial position. I have been receiving SALES calls from Kotak Mahindra from number [protected]. The guy calls up and asks for my name and other details and tries to sell insurance policies and Personal loans, when asked not to call up my number, they start using abusive language. It is really frustrating they call from the same number and it is really frustrating can some one help?...

When I open my saving account with kotak Bank, offer me to enjoy my account without maintaining minimum balance in my account and bank never charge for the facility. But regrate, after 1 1/2 years
pass, Bank simply diduct a sum of Rs: 827.25. (Charges for six month-not maintaining minimum balance in my account) Bank not informe me for any changes of ruls not to care when I approch regarding this matter. Simply told me our H.O. Mumbai...

sir,

THIS BANK HAD DELIBRATELY REJECTED MY ECS EVEN I HAD REPEATEDLY GET IN TOUCH TO CLEAR IN ADVANCE. MY TRACK RECORD OF LOAN IS SPOILED BY THIS BANK

I am holding Kotak Credit card bearing card No. [protected] and also savings account with them. In Aug month i had taken a balance transfer of Rs.30, 100/- with all procesing fees and intrest amounted to Rs.2000/- with other amount out standing Rs.34000/-....