Kotak Mahindra Bank Complaints & Reviews

Hello,


I would like to state that I have the Kotak policy no. 01479255 which is a ULIP policy from Kotak Life Insurance in Feb-2008 wtih Kotak Smart Advantage plan. Every month money gets dedcuted from my account through ECF, and every month some of the representative call me to inform that from Kotak they going to deduct the money as installment. I agree and I keep on informing those representatives that i havent...

My name is Nityananda Prabhu Have Kotak card. I have Request for Reebok Strolly order no 69103 product cade 1684. order dated 29/08/2009. till date I have not received item . And called many time for order cancellation but no response from them( Gift360). Requesting to cancel the product and In the credit card the finance charges debited for the same. many times requested thru. mail provide banking ombudspersons no or his mail id for...

Sir,
Ref:Agreement No:4023877
I am writing to let you know that I have grievance relating to your Collection Manager Mr. Sathyapalan, Kotak Mahindra Calicut Branch and I would like this matter to be fully investigated.

The main issues to be investigated are as follows:

1. EMI collected by collection manager and not remitted to the credit of my personal Loan.
br...

I am holding ICICI bank accout on 7th of Oct 2009 (7.12pm) , tried to withdraw Rs. 3000/- from Kotak bank vashi ATM (Sector 17) But I got error message because 2nd time while PIN verification was done insted of Pin No. I entered amount and did not get my amount or any receipt. So I used IDBI bank ATM next to KOTAK Atm and I got Amount. when I checked my A/C on 14th oct Oct my account was debited twice so I immeditely made a complint in ICICI...

Hi...Let me brief one issue with Great calculation by poor(Mathematically) Kotak Credit card people...
I have an Outstanding of 24000 as per my monthly statement.I droped cheque for 2000 and the cheque is cleared from my bank account.
Do you know what is my current outstanding it is 28000=24000+2000+2000
Here how it is
26/10/2009 09999999981026000230131 PAYMENT REVERSAL CHEQUE- 166022 INR 2000.00 (Dr)
26/10/2009...

Myself Rajib Sur Siliguri Business Loan as Sales executive. I have resign the job on 08/05/2009.Till date I have not received my pending Salary.I need your help. I had talk to Mr Kaushik Dutta (Known as Branch Manager) several time and he give me assurance several time that I will receive my salary within a day/week/month, and etc. Till the date its I haven't received. That means Mr. Kaushik Dutta given me some misleading information...

I have issued a cheque # 93300 (SBI, HPS Branch) for Rs 297.90 as payment towards my credit card dt 06/10/2009 & dropped it in Kotak ATM located at Begumpet, Hyderabad on 06/10/2009. However, I received a call from Kotak Cards call centre that the payment is outstanding. The debit of the referred cheque from my SBI account updated. I request you to kindly sort out the issue at the earliest...

More than 3 months no duplicate key issued.
Had a car loan from Kotak mahindra group (Kochi) in November 2008; closed the loan amount in June 2009. They didn't return the Duplicate key till date. Very busy and inaccessible car loan enquiry counters (by phone) Palarivattom kochi. No timely follow up on the issue, calls back once in a while after multiple enquiry attempts with some monotonous foolish excuses. It seems they had lost...

1) The complainant, Amarjit Batta,CRNO 18320670, had opened 3In1 Account ie Bank Account, Demat and Trading.
2) This Account has been opened by Mr. Rakesh and Sunil Rana and told complainant that this Bank Account is Zero Bank Account for life time.
3) However, the complainant never intimated by the Bank in written, to maintain minimum balance of Rs. 10,000.
4) The complainant, when checked the Account Rs. 827 was deducted...

Dear Sir,

As I had not satisfied from the policy, I have surrendered policy 01641051 on 11/08/09 and was told by your concerned staff that I shall received refund within 7 to 10days and moreover I have visited many times at your Mall Road, Ludhiana branch but no response

You are requested to please let me know the reasons for the delay and refund my amount alongwith interest upto date immediately on or before...

Sir,

I was working for Aviva Life Insurance Co. and was having a EPF Account No. DL/25803/2452.

I left this company in 2006 and joined Kotak Mahindra Bank Limited. My New EPF NO. is MH/35415/9750.

I had requested my prev. Co. for Transfer of EPF funds into this account.

The company has reverted that the Transfer formalities are lying pending at :
The Regional Provident Fund...

Without my notice a Sum of Rs.825 has been debited in my account, since there was total transaction of Rs.23200.00 has been done for the period 1-jul-09 to 30-Sep-09, But surprisingly it was debited. Today i have emailed them to reverse. Cheating of People like these charges, the private banks are the No - 1 in India.... Making the citizen life miserable.....

To whom it may cocern:
My name is Ravi Singh, working with Pharma MNC Company. I have salary account with kotak Mahindra bank as well as I am holding life insurance policy and demat account of the same bank.

I was getting repeated irritating call form bank applying for credit card, finally I have applied for credit card with all required documents applicable including my salary slips.
Before applying for the card...

I haven't seen such a shameless organization like Kotak Mahindra. Is there any law by which we can drag these company to court? These people do cold calling on land line number (if it's a mobile number, one can understand), where the concerned person might not be available and his family members are unnecessarily disturbed. In spite of telling them that we are not interested in any offers or investment schemes and we do not want...

Dear Sir
I am vikas Agarwal from Hyderabad holding pro current account no [protected] with customer relation number 25960976, when ever I am vesting the nampally branch to withdraw the cash I am not receiving proper service from the branch manager he is saying that he is having problem with our account, the service manages is talking very rashly with us when ever we need some help, I[censored] people not able to give a service to the customer...

I have closed down my personal loan in July 2009 and the collection department promised that I will receive my PDC's and the NOC of loan closure within 15 working days before I handed over the DD to the bank. But till now I have not received the same. I have also complained to the customer care many times but they are telling to contact the collection department. I have tried calling lots of time to the person who was following my loan...

There were some FRAUDULENT ONLINE TRANSACTIONS on my Kotak Mahindra Bank credit card on November 10, 2008. 6 fraudulent online transactions were conducted on my Kotak Bank credit card number 4166-****-****-5717. The details of the fraudulent transactions are given below:
10/11/2008 VT083160049000150000101 VISABILLPAY-REL ENERGY MUM IN INR 2000.00 (Dr)
10/11/2008 VT083160049000150000100 VISABILLPAY-REL ENERGY MUM IN INR...

I had ordered a adorn card in the month of November 08, Before I recieve the card I got the statement on 22nd Dec08. Immidiately I spoke to the Customer Care Executive from my mobile and complained that how can you charge me before providing me the product I have orderd. Finally He convinced me to pay the adorn card charges and wait for the adorn card. I paid the charges and stil now even after complainig 6 to 7 times to the customer care...

Dear Sir,

I am writing this with great hope that you will seriously take action for resolution of the below mentioned issue and and will bring back my trust on Kotak mahindra.



On 23rd of August 2008, an employee of Kotak Mahindra Bank Mr. Basavraj Ghodake working with East Street pune branch approached me and sold a Unit Linked Life insurance policy bearing policy no. 01184941 under plan Kotak...

I had taken one credit card from Kotak Mahindra bank. One time there was outstanding amount of
INR 13000/- approximately for balance transfer. I had paid that amount. Before paid once I had submitted INR 500/- cheque for minimum payment in a month. Any how that time the cheque was bounced and they send me the bill with something 375/- RS fine. I paid all outstanding amount with the fine amount and requested to customer care for reverse...