Kotak Mahindra Bank Complaints & Reviews

I have taken floating interest rate home loan from Kotak .
I have been noticing that interest rate charged on my loan is always more than the prevailing rates in market. When I had taken loan from Kotak two years back, rate of interest quoted was the lowest compare to HDFC, ICICI and other banks. They offer me 9% floating rate on 20/09/2006 compare to 9.5% offered by other banks. I fell into trap and took loan from Kotak. Since then...

I have applied the credit card with Kotak Mahindra bank on 24 Dec 2008.My App No:[protected].. I produced all documents.Still now i didn't get any information from your side. What is the present status of my application.can you send......

My Credit Card appliation is being rejected and I am not sure about the reason.
I want to know the exact reason why my credit card is being rejected.
Bank is reluctant to give me the detail when I contact them.
Application No.[protected]...

Its over a year now and i have still not received the agreement copy & the sanction letter till now.
When ever you call the same wording you will hear "its will reach you in 15 days" or "the courier services returned as no one was available at home". When you ask for the Courier Service Name & Docket # their is no response.
Kinly Advice me as what can be done or Shall i stop the ECS debit for them....

sir, i had made a systematic investment plan in Kotak Mahindra Mutual Funds. The amount of Rs. 3000/- used to get debited every month directly from my ICICI bank account. Its been 6 months since the time i invested, but till now i've not received the investment documents. Also, after 3 months from start date, they stopped debiting the amont from my bank. Numerous calls to the customer care centers of both ICICI & Kotak mahindra were...

i was terminetted from service,
iam a DRA of stpl collections hyedrabad division
sir now iam out of kotak mahindera prime ltd now i dont have fear,
i want to tell you some importents things about kmpl.
mr. b. rajashekar reddy who is maneger of stpl collections hyd.
emp id, 1327
he was useing his powers in wronge way,
like every month he was claiming the salarys by adding incentives to exe...

Dear Sir

I have availed Home loan from Kotak Mahindra Bank in Sep, 2007. Initially they charged 11.75% as interest rate and then within two months it was raised to 12.75% from October 2008 on wards it was raised to 13.75%. Looking the jet raise in the Rate of interest, i have decided to shift the home loan to State Bank of India. I have approached them and got green signal for take over. But the Kotak mahindra bank has refused...

sir,
many of times i make complaints against kotak mahindera prime ltd. iam a dra of stpl collections hyedrabad branch from last 2 years iam working with kmpl and my performence is also good on dec2008 suddenly they are terminated me from service iam vary poor person.
right now i dont have a job, i dont know what to do, i request higher athourities to look into matter do the needful to me...
i want to know what is the...

Hi
I have taken a home loan from Kotak Mahindra Bank 1 yr ago.
It was 11.25% floating which they have increased to 13.5% ...
Can u Imagine !!!
They have increased this 2 time without inecreasing the tenure and without notifying me. (my tenure is 20 yrs)
Is it true that tenure can't be increase beyond 20 yrs?
now they are telling me that i have outstanding amount... which i need to pay ......

sir,
we are a collection exe of kotak mahindera prime ltd hyedra division, stpl department,
we are working from last 2 years. and our performence is also good. suddenly on dec 2008. my maneger has termenetted us.
one maneger named is b. rajashekar reddy employee id no is 1327, and another is shiva shankar who is friend of rajashekar he was joined recently as a team leader,
the both are doing froud like every...

Dear sir/mem,

i having taken before 28 month kotak loan rs.225000...after 24 emi clear no any bounce. bank given me good offer rate and amount increase.

but after 5 month process...they only given 130000. and same amount loan with rate increase...

on aug-2008...onword my business shut down and i was big lost amount on share market. after on sep-2008 i was meet on SURAT OFFICER KOTAK BANK LTD....

sir,
many of times i make complants agenst kotak mahindera prime ltd .
iam a dra of stpl collections hyedrabad branch
from last 2 years iam working with kmpl
my performence is also good
on dec2008 suddenly they have termenetted me from service
iam vary poor person . know iam helpess
many of times i try to contact with higher official but iam not geting any datils .
i really worked...

i applied for the credit card last month till know one called me and without reason they rejected .totally waste of time to apply kotak credit card, you simply wasted my time.this my mystake i applied kotak credit card.

without genuine reason rejected.

bye bye...

Regards
Rahul.K...

Hi

Kotak mahindra recovery people they are thinking they can do what ever they want with customer if
They can use any type of words to the people one basstered is name adithaya he think that he is he
King and onower the bank he is not born for one i think he born every one in this worlod he
He using all 3 grade words on the people i dont no how this people allowed to work from rbi
And....

Hi,

I got courier till now i didn't receive any docs..i got sms from kotak bank like card sent on 28-Nov-2008 by ExpressIT Courier AWB [protected], till date(06-Nov-08) am not got that courier pls review that, do need full .


Regards,
M.Bakkiyaraj
Asst.Manager-Commercial Banking, Chennai
[protected]@hsbc.co.in...

I had a carloan from them in 2003 Appl No[protected] and the last installment was cleared on 2nd Aug 2008 after that inspite of submitting the relevant documents for the release of NOC they have not yet send it to me . Everytime repeated calls to them has been a harassment for me as they transfer it from one person to another and all they say is you will get it in 7days and like that 2 months have passed . Even calling their national Customer...

Dear,

Few days ago I have applied for credit cards from kotak cards,
I want status of my application,
Please update me on my mobile ASAP.([protected])...

Dear Sir/Madam,
am surya, applied for pan card on 11th nov 2008, but till now i don't receive my pan card. currently working with kotak mahindra bank ltd at coimbatore.now they are asking for pan card proof. so please immediatly action for my request.
Below My Details.

1.Pan card Application serial no :
[protected]
2.coupon No:[protected]
3.Mobile no :[protected]...

Dear Sir/ Madam, I have been following with Kotak Bank for an amount which has been debited to me on my credit card against late payment charges since 2nd Aug 2008 and till now I have not got what I am seeking for, I will sir just brief the whole episode. I had applied for a credit card being an employee I got the same.
My first bill which was sent to me was paid in full at one go.
The second bill was not recvd and as It was...

Respected sir,
I am mahesveri prasad rai from ghazipur city(u.p) .i am a on line client of Angel broking ltd. branch ghazipur. I was, on line registered in march 2008 and start my online trading from a cyber café, my code is vrns/blu080 and D/mat-Acc no.is[protected]. last time I have traded on 5th may 2008, and bought the 50 share of Kotak mahindra bank @880with full assurance that I have only this much for delivery,...