Kotak Mahindra Bank — Foreclosure charges on Working Capital | |||
We are charged foreclosure charges on working capital. We had approached Kotak Bank for enhancing of our working capital. But they did not take our request seriously. We kept giving reminders, but no response from our relationship manager (Ms. Seema Singh & her team). We even warned them that we are exploring other banks but still they did not respond. Finally different bank give us a better deal with the same collateral. Now instead of smoothly lettings us transfer our account, they are creating hurdles with foreclosure charges. In the first place, they themselves did not want to give enhancement, now we got enhancement with better interest rates they are creating hurdles & giving us stress. Was this information helpful? | |||
Kotak Mahindra Bank customer support has been notified about the posted complaint. | |||
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27 BKC, C 27, G Block, Bandra Kurla Complex, Bandra (E), Mumbai, Maharashtra, India - 400051
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