Kotak Mahindra Bank Complaints & Reviews

Hi.
I have taken a car loan from kotak mahindra bank limited. On 2017 (5 years tenure). All my monthly payments are correctly done till lockdown starts in india. When lockdown starts my income is stopped and i opt for moratorium for my car loan and informed the bank. But the bank still put my ecs check on my bank several times in month and it’s bounced due to insufficient balance. All the time i have to pay bounce charge and other bank penalties. The kotak mahindra bank always doing this type of cheating against their customers for taking extra charges. I have taken moratorium from april to june and then exetend it to june & july. But bank still presenting my check to my bank and increasing my financial burden. Please take necessary action against this bank as soon as possible. Due to this cheating i have to pay a big amount as charges itself. This fraud bank doing this cheating against their customers and increasing financial burden in this lockdown period. Please take necessary action against the bank. Yours faithfully.

Dear sir,

I have a current account in kotak mahindra bank in delhi, i have no atm, i used net banking. But in lock down i came to my native place and my sim is not working but it is post paid connection so sim can be only replace at mobile service centre. Right now due to unavailable register mobile no. With you i am not able to use net banking due to dynamic otp.

Can i use net banking without dynamic otp. I can access if otp sent to me at my registered email.

Please help me.

With regards,
Customer

Hello everyone, this is a testimonial to how i got my loan, i've been cheated on by so many companies that claim to be real lenders, but all my efforts were in vain, i lost $600, 000 to a company and yet i still did not give up until my friend introduced me to a company that changed my life forever, i met this company and they gave me loans with 2% interest rate, my life has a change for good and also i would like this opportunity to introduce you to swift payday loan companies, go there and i assure you that you will find what you are looking for, here is the company mail: [protected]@gmail.com
Apply now and change your credit scores like mine.

God bless you

In my june statement you have added rs.742 and gst of 45 extra for hote earl grey same amount mentioned in may-20, i never asked to convert my amount into emi and paid full amount. So kindly waive off these amount and credit in my account

Hi, i received a message from my kotak bank that my kotak bank credit card transaction without otp it debit rs 999 via 'amazon standing instru' i have never opted that. So kindly refund my money as soon as possible.

Hi, i have personal loan with kotak. I applied for moratorium on 8th june and they rejected this by 27th june.in between bank presented ecs 4 times in my bank and ecs bounch charges mu bank taken. I need these charges back. Why bank presented ecs 4 times.

Hi,

First week of June, I received an SMS for morotorium request for 3 months as due to COVID i am getting only 50% of my salary. After filling and submitting an online form on my android phone, i got a pop up that THANK YOU FOR YOUR REQUEST.

Surprisingly, after few days a received an SMS for morotorium, i filled the online form again.

On 10th June, by my surprice the KOTAK BANK tried to collect my EMI through ECS which got bounce, and i was charged 600 rupees for it. I called call center and they stated that I NEVER REQUESTED FOR MOROTORIUM, the call center exec took my request of morotorium on phone and I got a sms confirmation of request.

After few days, KOTAK tried to take ECS again and got bounce, i went on twitter that if the request is in process how can you take EMI, i cant bare charges of 600 again and again.

I also have an email confirmation from KOTAK that 3 months morotorium request is under review, email attached

On 25 June, KOTAK tried ECS again, i got fed up with them and paid my EMI 16800 on 26th June, but the unthical KOTAK tried to ECS again on 29th June even after paying my EMI which is ridiculous.

I demand all my 4 ECS charges of 2400 should be returned and an official email or letter be sent to me for the unethical practice and mental torture i faced form KOTAK.

I may also SUE them for their illegal practice.

Email and Twitter screen shot has been attached.

Regards,
Dilip Tekwani
Comman Man

The only bank that is rejecting moratorium request despite of writing email about the loss of income & job due to covid 19. They say my card is not eligible for deferment regardless of making payments on time so far. What eligibility would a bank look for? when the whole world is in pandemic situation?
we are struggling hard to survive but the bank seem to be worried about its payments.

email Ref#1-[protected]

Hi All

My Bank Account with Kotak Mahindra Bank has been closed by them without giving any communication to me and there is amount that is there in bank and nobody is responding over the same, and moreover at this time when there is so much need of money these peoples aare doing this please atleast give a confirmation so that we can assure what needs to be done for same .. and bank will dothese things it is not acceptable

Bank Details
Account Name Kotak Bank 811
Account No [protected]
CRN No.[protected]
Name Anil deswal
Mobile No [protected]

Please Speak to me and resolve my issue it very much urgent as we are sort of money at this time

Regards
Anil
[protected]
CRN No.

I had applied for extended moratorium for credit card dues in the month of june 2020 but my salary account of kotak bank kept on hold. I am in emergency and not able to withdraw my money.
I already paid dues in february and march 2020 but when i contacted customer care they informed me this salary account will be on hold. I would like to know if you are not willing to give moratorium benefits why you put that option in website and why you people informed to apply for moratorium?
Please do the needful and kindly concern my request as i am in medical emergency. This is not the right way as you people giving troubles. I have visited all branches of your bank and no solution has been found.

Hi,

Please note the issue is still not resolved.

I tried sending an email to social kotak email address but it’s incorrect
Please connect with me at [protected] to resolve the issue at the earliest
Iam really not happy with the service

Thanks
Akash sachdev

I have been shifted to UAE from India and initially for 5 months everything was ok, However from the month of June kotak is charging me some "TBMS" fee that too without even any notice. This fraud banker charged me 10 times in a month for an Amnt of rs 177 which comes upto Rs 1770. Due to this Lockdown situation I am not able to tell neone to go in the branch and complaint abt it. I think they dont have a proper process in which they have to "INTIMATE" customers before taking their money. Kotak is really being disgusting day by day and so KEYA.

My mobile banking not working fine

divya Dinu
Fri, Jun 26, 7:28 PM (3 days ago)
to care, ceo, bina.chandarana, service.securities, clientservicedesk, service.carfinance, customerfirst, service.cards, md

Dear Team,

I visited the branch office bank in velachery due to my account not working. & they have told me that KYC was not updated so that the account was closed.
But i didn't receive any msg .mail.or call for this when opening the new account we receiving many mail call & msg .without any information my account was closed & i have mai balance RS 2000/- & plus - so when i visited to mobile banking that time it was not operating now due to covide19 we are in emergency situation i have 6 month baby also i want to go hospital.& some personal reason but still now there is no response for my money . & i have given the letter my id proof & check leaf to return my money back to another account of mine in the velachery brand .So please check my issue & need immediately solution.

On Wed, Jun 17, 2020 at 12:51 PM divya Dinu wrote:
Please need status.

On Tue, Jun 16, 2020, 7:52 PM divya Dinu wrote:
Dear Team.

I have a issue in my Mobil banking account

Account number : [protected]
IFSC code : KKBK0000473
CRN :[protected]

I opened this account in online I don't visit branch & I tried many times to customer care but there is no response

I have 2000/- in my account and now I'm in emergancy situation i didn't have debit card

Please check & need immediate assistance

Thanks & Regards
Divya

I have applied for moratoriuom due to salary cutoff in my company.
The moratorium was extended and i also applied for that. And it was alo approved i geven got the approval mail and the re schedule mail. But still the are sending people to my house and asking me to pay my emi. I am even getting harresment call from the for payment. I don't understand why there are sending people to my house during these pandemic when there is spreading of virus which can be easily spread through them as the keep on roaming

Name sameer
Kotak bank
Loan acct numb:- spln61816456

Dear concern,

Today i withdraw rs.500/- from atm and amount debited from my account but not dispatched from atm machine. Transaction detail is below.
Dear customer,

Thank you for using your kotak debit card xx9534 for a cash withdrawal of rs.500.00 at rj1r205u atm on[protected]:25:03

Account xx5907 has been debited for the same.

My account details are-

Name - mukesh kumar khatri

Account no - [protected]

Kindly do the needful and credit back my amount rs.500/-.

Thanks,

Mukesh kumar khatri

Dear sir/ madam,
This is kiran kumar p, i was opened a kotak 811 account online, and i kept 1000+ money in that account as well,
But by their kotak side they won't allow me to use my account as well, they blocked my account without any intimation mail or messages,

I spoke to customer care they are also told like that, we are sorry your account has been blocked on 17th july

I was done my manual kyc while opening the account, and they displayed the days are left to comply kyc in bank,
I am damn sure about that days left to complete kyc was greater than 150,
But bank did wrong for me without intimate me

Kindly resolve this problem for me as soon as possible

You can contact me for more details

This is the crn for kotak 811:
[protected]
Registered mobile: [protected]

Thanks and regards
Kiran kumar p
[protected]
[protected]

Hi,

This is to bring your attention that we are very unhappy with kotak bank services that are being offered to customer level being such a reputation in market, i wouldn’t recommend anyone to opt this bank for any financial activities..!!

There was following charges that has been made on my account without informing,

1st charge

- 1500rs - stating as zero balance account.

When we called bank customer care why the above charges has been made they said manage 10, 000rs in account for 2 months we will waive off all the charges, trusting as part of bank we kept that balance, all sudden we got 5146rs has been debited, again we had called bank now for what these charges has been made, they said overall charges from start till end non maintenance balance.

Without informing the employee the amount has been deducted.

Please reverse the balance in order to avoid issues, request you to give us a call to discuss further... Else i will take other actions!

Awaiting your prompt response

Name akash sachdev
Acc no[protected]

885 amount deducted from! Kotak savings account as debit card charges.

I make a transaction of rupees 650 but the amount deduct in my bank account but the receiving status not confirmed. So please can you tell me status of my transaction and solution. I attached my bank statement

Even though i have applied for emi moratorium i’m getting multiple calls everyday to pay the emi. I have to say the same thing again and again that i have already applied for the moratorium. I have an email confirmation about same.