Kotak Mahindra Bank Complaints & Reviews

I have taken Auto Sweep Facility, in which bank told me that:
In case of withdrawal, my "Last Created Fixed Deposit will be First Broken"

I created my First FD on 6 Nov 2008, and on 12 Jan-2009 for 181 days.
on 6 the April 2009, My first FD get renewed as new Fixed deposit created on 6-Apr-09
I withdraw Fund on 7th April 09,
But instead of breaking my 6th April FD, they broken my 12 Jan...

Dear Sir,

My CRN No with the bank is : 15811422

I have a Credit card with the Bank issued to me in Dec08 with 60K odd Limit. Being an Avid user of Cards consumed more than 70% of limit in the first month. Higher Nos of Transactions were with IRCTC which got cancelled the same month had one 20K electronic purchase transaction converted to EMI and used BT of another 20K. Due to my frantic use they seem to have...

Dear sir,
Myself, Nand Lal Gupta, I am Kotak Life Insurance Policy Holder. My Policy No. is 00404452. Plan name "Kotak Flexi Plan". Please send my all policy statement in my e-mail address....

Dear sir,
It is pathetic to note that letters addressed to us by various companies during the past SIX months did not reach me.Many of the cheques send to me were not delivered at the my address. This has resulted in unwarranted anxiety and tensions over & above correspondence to the companies.On taking up with the companies, they could prove the despatch of the letters to my correct address.Since none of such letter were delivered...

03/05/09
Dear Sir / Madam,

I am a customer of Kotak Mahindra Bank having a Personal Loan with you (Agreement No. SPL - 218764 DATED 24/01/08). My EMI amount was set as Rs. 7642/-. I made the EMI payment upto Jan, 2009. But then suddenly there was a big loss in my business & I could not arrange the said EMI amount regularly. That's why I visited one of their office in the month of February, 2009 at Apejay House,...

I have take one policy from kotak, but company not sending me any detail about my policy till now. I pay my premium on time my three year locking perioud is finish but i dont know about my policy status pls short out my problem. policy no. is[protected]...

Please find as below:
1. I have approached HDFC Bank Limited ATM at Bistupur, Jamshedpur(Near IndusInd Bank) on 25th March 2009 to withdraw cash using mu Kotak Mahindra Bank's ATM Card.
2.I swiped the card to withdraw Rs.20000/- cash, however the cash was not dispensed from the ATM but Rs.20000/- was debited from my account, which I learnt while checking my account statement online.
3.I swiped the card again to withdraw...

i pankaj kumar someone might have misuse my doc and made the credit card of hdfc bank and he is using this card since december 2007 date of issue the card. but i don't get any card of hdfc bank. Since 10 days recovery person calling me he has to force/theartining me to pay the due amount which is pending but when the card has made i was not working in any company kindly suggest me wht should i do it create a problem in my personal life...

I Rahul Dev Sharma have worked with this company from the month of october2008 - till 25th jan 2009 as a corporate advisor (CA1454) . i resigned from the company on 25th jan 2009 my dues of salary which includes basic salary, comission, incentives, and conveynce for the month of jan 2009 are not still paid.
As talking to the seniors again and again they are saying that ur salary is going in negative and the company has no payments...

I have closed down my personal loan number SPL212716 on 11th Feb 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...

I have taken a Car loan From Kotak mahindra Prime Jan 06 for 5 years thru till I am paying every month, I came back to India on July since that day I was telling to the people that swap my cheques from citi bank to Axis bank but no one there to give any response keep on postponding this Issue to next month but that next month never come till now??
Another thing, after that all on october 08 requested them to close the account I got...

Please note that my card no.[protected], In my last month statement you are charged rs. 200 odd for my add on card but i have not received till to day . 199+20.50 service charges dr. to my account i am already paid total amount by 24/03/2009.But till to day i am not received add on card applied for my spouse mrs. Bhagyalaxmi . Please do the needful and oblige,


with regards,
yours
ashok anigantibr...

Some o[censored]s have taken home loans from Kotak. Considering their interest charges are higher compared to others, we want to transfer the same to other Banks. We were surprised to note that we need to pay 2.21% foreclosure charges on approved loan and NOT availed/outstanding!
We are paying Pre EMI as the home is under construction and about 50% loan is only disbursed so far!
Am not sure of other Banks but certainly Kotak has been...

I have taken car loan from Kotak Mahindra bank and from the beginning it has been very bad experience as the representative quoted some rate of interest and it was 2% more when the agreement was sent to me. The representative got the agreement papers signed without filling any information about rate of interest that will be effective and after getting signed by me whatever he told before signing was different from after getting the agreement...

i have availed a home finance loan from kotak mahindra almost 3 months back, i have still not recd the home loan kit . i have tried to call kotak infinite times ( on following nos : 66782307, 66782320, 21 ) these are answered only by coincidence . i have also availeda home loan protection plan which was foorced on to me ( they said it is compulsory otherwise loan will not be sanctioned, which is a restrictive trade practice ) and paid a premium...

Dear Concern,

This is regarding my loan account number 138429 with your company.

I want to bring in your kind notice about my financial position. I have taken a loan of Rs. 1, 50, 000 from your company for 36 installments and already paid an amount of 15 installments. Due to big financial loss in my business I would not been able to continue my loan account.

I had a conversation with Mr. Mohit...

I want my salary details but the no. which is note on the check book not work so please give me the customer care no. bank addres is REGENT SQUARE MEHROULI ROAD GURGAON HARYANA....

I got a zero balance account along with the Kotak insurance policy that I had taken. On Dec 2008 Rs 800 were duducted from my account stating NMC (non maintainance charges). They said this was since I did not pay my insurance premium THROUGH THAT SPECIFIC ACCOUNT. I pay my insurance premiums online through my salary account. Why is is compulsorarily required to pay it through that specific account. Had a long conversation regarding this but...

Dear Sir,

I have kotak mahindra gold credit card. The company has provided the offer that you will get cash back of 10% on amount spent on restaurent. The company has no where provided the condition that the spent amount should be less than Rs. 4000 in single swipe. The condition was not mentioned in offer advertisement in official web site of bank. When i have contacted the customer care, now they are claiming that we provided...

Sir,
I have been issued credit card no.[protected] from Kotak mahindra bank. But I have not received my monthly statement till date. I also contacted customer care but due to limited talking time, my complaint could not be completed. Please update my billing address i.e. house no. 1379, sector 21, Panchkula - 134109. my mobile no. is [protected]. Please expedite the matter

Regards,
Bhartesh Garg...