Kotak Mahindra Bank Complaints & Reviews

regarding valuation fee and not co-operation of your employee
Sir,
I am working with you as a valuer/surveyor in Hardwar (Uttrakhand), On dated[protected] i sent a valuation report of vehicle no. HR38K-7801 (recovery vehicle) with my own bill, but despite of many verbal reminders till date my valuation fee is not sent by you, in this regard when i contacted on telephone to Mr. Dilbag Singh (mobile no.- [protected]) he gave me...

To,
The Branch Manager,
Kotak Bank,
Greater Kailash
New Delhi


Subject:- Bank statement (A/C No. [protected])


Dear Sir,

This is to request you to kindly release my A/C statement to November 26, 2008

to 30 June, 2009.My A/C No. is [protected].

You are kindly requested to release the A/C statement.
br...

AM ATTACHING BANK DETAIL
Savings Account No.: [protected], JALNA, MAHARASHTRA [ Select Another Account / Period ] << Previous Page 12 of 1 Next>>
Closing Balance: INR 38581.08

Date Narration Cheque/Ref. No. Value Date Withdrawal Deposit Closing Balance
08 Jul 2009 Chq Paid-MICR INW CL-KOTAK LIFE INSU[protected] Jul[protected].00 38581.08
Savings Account No.: [protected],...

R/SIR

DUE TO SOME MISUNDERSTANDING BETWEEN ME AND UR AGENT MR. PRATTEK CHOWHSI, HE HAS SUBMITTED THE CHEQUE NO. 0133139 OF HDFC, JALNA Rs 30000 /- AND CHEQUE ALREADY PASSED, WHICH I NOT TOLD HIM TO DO SO.

U R REQUESTED TO PL REFUND MY AMOUNT OF Rs 30000 WHICH I WAS PLAN FOR INSURANCE KOTAK/SMART ADVANTAGE INSURANCE.,

PL NOTE THAT I HAVE NOT FILLED THE FORM .

UR EARLY ACTION WILL...

Dear Sir/madam,
I am Madhukar, I have created Kotak mahindra bank trio account (Demat + Zero balance saving account) 3 years back in Chennai, At the time of opening account they told that it is a Zero balance saving account (ie. No need to maintain average balance). From the past 2.5 years they didn’t charge any thing, now they charged (on July 1, 2009) 827.25 as Non maintenance charges without prior intimation. We spoke with...

I have given cheque for kotak mahindra for the due date 07/06/2009, but they have sent me the July statement stating that I have not pay for the last due of June and given late fee of Rs. 500. My June month balance is Rs. 800 and i have given cheque for that, but they are asking Rs. 500 as penalty. This is the worst case of kotak mahindra. Their service is not good. They dont have online facility and their customer care is very worst compared...

Hi

I was making a transaction of 1000 rupees on 9 may 2009 from Union bank

ATM, Located in Hapur(UP)-245101.I was using the Kotak Mahindra Debit
Card for the transaction.
After entering all the details like PIN and the Amount machine was

ready to give the money and was making noise but suddenly machine goes

off and i did not get any money from the ATM, But 1000 rupees...

Dear All,

As per subjuct, I, Ashish Mody, Opened zero balance trinity (now they call it 3 in 1 a/c) with kotak mahindra bank, the account opening time Kotak reperntative told me that, this account will be zero balance account for lifetime.
But now bank has sent me sms to charged me if my quarterly minimum balance goes below 5000rs.This is bad practise, My usual balance is always quite more then what they require...

i am a icici bank customer i have went to kotak mahindra atm for cash withdrawl .when i start using the atm of kotak mahindra atm got switced off . when i contacted security guard he says that to save diesel company told us that use UPS of the ATM .

when i contacted customer care they are more than they talk to me like i am their slave .

now, icici bank deducted 225 rs from my account i want this money back...

Dear Team,

I have a INR 21 Lac Home Loan with Kotak Mahindra Bank which is 2 years old. Despite the Home Loans rate dropped by most of the banks to 8% to 9%, bank has kept my Rate of Interest ROI @ 11.75%.

Brench of MRTPC Act :
Kotak is giving low rate (<11.75%) to new Home Loans customer but not giving the same benefit to existing Home Loans holders. Also to top it up, have kept the Loan Prepayment...

Recently i started to use Kotak credit card

I am using other credit cards from last 6 years...

I have started using of Kotak credit card from last march2009

Kotak credit card billing system is only for take money from the customer

Just example i have made two transations of 50000, 40000 thousand on my card

if have not converted 50000 in EMI that was good for me..as...

Dear Sir/Madam,

As I have taken one policy from kotak life Insurance Co of Rs.5000/-(Rs.Five Thousand Only) in quarterly mode.The policy no is 1576810.I don’t have any source of income and will not be able to take the policy .So I put a freelook cancellation request to the company within 15 days[protected]. Please find attachment of acknowledgment for the same showing the cancellation date as 05-05-09. I talked to the...

Sir,
I have registered my M.T.N.L. landline telephone number[protected] for M.T.N.L.'s do-not disturb service, but still I receive unwanted telemarketing calls. The main problem is from Kotak Mahindra, these guys call every alternative day and even on refusing to here them or any of their plans they keep on calling.
This is very annoying, kindly look into this matter also.

Regards
Anubhav Saini...

Holder of folio 172407/80. Online purchase was done at their website on 4.06.09 and transaction was accepted successfully with debit of rs 10000 in bank account. But the allotment was not done stating that the amount is less than minimum value. The company so far has not bothered to refund the money and complaint has been lodged. The service is very bad in that the customer care is asking bank statement etc when it is for the AMC to verify...

After some scanning and study o[censored]LIPs in the market, I took "kotak smart advantage policy" in Feb'08 directly from the company thru their corporate office.
The Policy docs was delivered to me in november '08 after much complaints and followups. Subsequently, I found that the policy was booked for 20 year term without the Limited Premium Payment Option (LPP) which is for minimum 3 years as per the discussion I had...

I am working with Kotak Mahindra Bank Ltd.The salary structure which was told to me and the one which is credited in our a/c is totally different.In the offer letter gratuity amount is shown as the part of our salary which actually is the company's contribution which is different from salary.And the PF is deducted twice, once from the gross amt and other from the net amt.when i asked them for explanation they said that this is how everyones...

The Kotak Mahindra representatives randomly pick up any number from their hacked phone directory and keep disturbing people by calling them and try to sell their stupid policies. Daily I receive at least two call from them and the first question asked is “Is this a local number? I would like to give you some information about an offer” Here are few Kotak Mahindra blacklisted numbers from where the calls originates. Please do not...

Respected Sir / Madam,


My name is MANAV M SHAH, i am from CHENNAI. I have obtained a personal loan from KOTAK MAHINDRA BANK functioning operatations in CEEBROS CENTER, EGMORE, CHENNAI. My loan A/C # CSG 1849711. It was disbursed on[protected] with instrument no. 054918 for Amt: 344598.

During the year 2008 i suffered financial losses and had to close down my business. Right form the date from which...

I have opened Savings bank account with Kotak dated 19/09/2008 while opening Kotak assured me that for first 12 months I do not need to maintain minimum balance in my savings account there after I need to maintain 10k. When I received my bank statement I was shocked finding bank charged me twice for non-maintenance of minimum balance.

20/01/2009 Non Maintenance Charges for Oct-Dec 08 750
22/04/2009 Non-Maintenance...

Housing Loan Account No. 406178 AGAINST KOTAK MAHINDRA BANK
Customer ID No.18126723
Loan Amount sanctioned : 21, 88, 977/-
Amount Disbursed : 11, 46, 440/-

1. I had availed Home Loan from M/s. Kotak Mahindra Bank, Bangalore, as against the Flat Booked with M/s. Radiant Enclave for Rs.24, 00, 000/-.
2. Since the flat was under construction, I had availed only 11, 46, 440/- and was paying pre-emi...