Kotak Mahindra Bank — force closure charges

Address:Aurangabad, Maharashtra, 431001
Website:www.gstradingcompany.com

I am holding a personel loan account no.[protected] with the kotak mahindra bank ltd since aug 2015 and i had paid regularly our installment through ecs now today only 5 installment has balanced and i want to force closed my loan before march. But the management said we have to pay 5% force closure charges with 18% gst. I cant believe that i had paid 36 installment regularly and bank said give them such charges.
Was this information helpful?
No (0)
Yes (0)
Kotak Mahindra Bank customer support has been notified about the posted complaint.
Complaint comments 

Post your Comment

    I want to submit Complaint Positive Review Neutral Comment
    code
    By clicking Submit you agree to our Terms of Use
    Submit
    Kotak Mahindra Bank
    customer care contact
    Customer satisfaction rating Customer satisfaction rating is a complex algorithm that helps our users determine how good a company is at responding and resolving complaints by granting from 1 to 5 stars for each complaint and then ultimately combining them all for an overall score.
    Read more
    29%
    Complaints
    4806
    Pending
    0
    Resolved
    1326
    Kotak Mahindra Bank Address
    27 BKC, C 27, G Block, Bandra Kurla Complex, Bandra (E), Mumbai, Maharashtra, India - 400051
    View all Kotak Mahindra Bank contact information