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Kotak Securities Complaints & Reviews

3.1
Last updated Dec 20, 2023
Complaints 384
Resolved
227
Unresolved
157
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Kotak Securities Phone Numbers

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1-800-2099191
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1-800-222299
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+91 6652 9191
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+91 6621 6666
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Kotak Securities Website

Kotak Securities Head Office Address

27 BKC, C 27, G Block, Bandra Kurla Complex, Bandra (E)
Mumbai
Mumbai City District
Maharashtra
India
400051

Kotak Securities reviews & complaints page 9

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Address:South Goa, Goa, 403504
Website:Bank

Dear sir,
I had opened zero balance trinity account with kotak securities in the name of amit kumar singh with account number [protected] at madgao branch in goa.

Since last few months, an amount is abeing debited in my account with reason due to insufficient fund. I had complain several times to my rm in last six month through email and phone. Still i have not received any satisfactory response.

Request...
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G
GT1
from Bengaluru, Karnataka
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data integrity and extremely poor customer support

Website:www.kotaksecurities.com

There were consistent mismatch between the statement provided by kotak securities and the online view in three mutual funds in my account. The numbers o[censored]nits kept changing.
When it was brought to their notice, they sent the mutual fund statement for one of the funds and thereafter the numbers matched, even though the final numbers o[censored]nits reflecting in my account were lower than what was reflecting earlier.
For the other...
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Druva Dn Gowda
from Bengaluru, Karnataka
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worst broker in india

Guys don't ever open account in kotak bunch of loosers they are hiring worst customer care service they have got
Highest brokerage guys they tell u 0.04 percentage brokerage but minimum is 21rs and always brokerage higher then 200rs and one time they placed order unauthorised by me and when asked them to resolve the bunch of loosers tell different story every time
At last they crossed every limit their app had a glitch and...
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Address:712258
Website:[email protected]

Sir,
My client id wy-246,
I had a share trading a/c with your co. Which i have closed last year in november -2017.
Now, i want to submit my i. T. Return for ass. Year 2018-19 for which i need
I. Profit & loss statement[protected] to[protected]
Ii. Statement of holdings on[protected]
Iii. Statement of brokerage paid on trading.
Iv. Statement of tax deducted
V. Any other relevant...
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S
Sagar Jobalia
from Pune, Maharashtra
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sale my shares without my consent

Address:411037

Hi, i have kotak demat account and last week i got sms that few of my shares sold by kotak securities without my consent, when i enquired thay told me that my account has debit balance that's why they did. But after i checked i have not use this account since last few years and will not get any intimation from bank regarding same. But no one take this responsibility of this transaction. And bank is also not gave me satisfactory answer for...
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S
Subhsharma10
from Muzaffarpur, Bihar
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money deducted without information

Address:Jodhpur, Rajasthan, 342001

I am having a demate account in kotak securities at jodhpur. I have received a call from shidharth mehta for reducing rate and restart work with him. I told him i don't have much experience so unable to do but he told our dealer suresh ji will suggest you perfectly then i told for mail confirmation of rate (2p-20p) but same is not received he told me that mail will come please belive on us and start work with us.
I have started work...
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N
Nishad Chitrasen
from Mumbai, Maharashtra
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kotak securities account closure

Address:400101

Hi,

Since you are my service relationship manager. I have trading account in kotak securities my account number 7wkj2. My
Current outstanding amount is rs. 3386. My last use of kotak
Securities account is 9th feb 2015. After that i haven't use this
Account for trading why this much outstanding amount i have to
Pay i put on 11 aug 2017 to you guys for closer of this account.
Also i put the...
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J
jagkp18
from Mumbai, Maharashtra
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settlement funds transfer

Website:www.kotaksecurities.com

Funds transferred to bank account as per sebi settlement transfer not reflecting in bank account even after 5 working days.

No support or details available for transaction reference number.

Seems kotak is utilizing the funds for another purpose.

Very poor handling of such monetary matters, given the fact when there is a delay on margin funding, the interest is charged without asking, whereas no...
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R
Rpvt5
from Arakkonam, Tamil Nadu
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non compliance of sebi rules reg credit of shares in dmat a/c

Even after my repeated complaints and chat with you over phone my grievance has not been redressed yet. I have every right to approach sebi for non credit of 82 shares of sundaram finance a/c holdings in my dmat. My complaint may be taken seriously and necessary action taken may be informed to me at the earliest else i may seek the intervention of sebi to redress my grievance....
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G
gpandit1964
from Ahmedabad, Gujarat
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closed trading accounts

Address:Ahmedabad, Gujarat, 382424
Website:[email protected]

We had three trading accounts as per following trading codes
Ic8ko / nvy50 / itm10 for which the closure forms were given along with closure forms of linked saving accounts. With details of account amount to transfer one month ago. Now saving accounts got closed early and there is still some balance in these trading accounts. How to get this money?...
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A
Anjan2mon
from Delhi, Delhi
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demat account opened and now charges are added

Address:781313

Hi,

I am facing charges issue with a demat account of kotak securities. A salary account was opened with which kotak had open a demat account. Demat a/c no. 19889071. Now they are putting some charges against it sms charge and said some a/c maintenance charge, i had repeatedly asked to close the account but it was not closed. Now i get msg that kotak securities reported your fund balance -345/- i called the customer care team...
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Address:Chennai, Tamil Nadu, 600097
Website:www.kotaksecurities.com

I have created a Kotak demat account in the month of January from Kotak bank Velachery branch after Saravanan R (Assistant Manager - CVM) the from the branch met me in person and explained me about all the fees structure and details of Kotak Securities Demat account.

Saravanan R has clearly stated that I only need to pay Rs. 780/- as demat account opening charge and there after there will not be any additional charge or anything...
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Address:Ahmedabad, Gujarat
Website:www.kotak.com/j1001mp/netapp/MainPage.jsp

It has been 4 months, i have kept registering complaints but the bank staff is non supportive and not adressing to my query. They have kept delaying the process of opening my demat account with all the baseless queries.

Nov 1st week i applied for an nr demat account and today we are in the 2nd week of feb, 2018 still nothing has happened. They are simply finding queries and delaying the process, ideally the account opens in...
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D
DWARKABHAI PATEL
from Ahmedabad, Gujarat
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non submission of ipo application to registrar

I & my other relatives, friends filed applications under ipo: amber enterprise ltd vide application no.23498200 to 23498208 total no 9 through your unjha dist mahesana n. Gujarat. Office. While checking on web. The reason found : pan not found / application not found & dp/id not found. Pl. Confirm where the matter stand? & what steps to be taken? For injustice cause to us. The major lots of form kept aside....
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S
sharad revankar
from Chennai, Tamil Nadu
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trading without information

Address:Mumbai City, Maharashtra, 400067

My dealer, Sneha on[protected], did Multiple trades from my A/c without my knowledge .When I asked she was very harsh and rude .

When asked for the solution she did not give me any satisfactory answer. It may cause me financial loss and mental disturbance. She has messed with my Trading A/C for which
Respected Sir,

I Sharad Revankar am holding the above mentioned account of Kotak Securities . On[protected]...
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Address:500017

I am an old investor of essar oil, from public offer time. Unfortunately my investments in essar steel and essar oil put me to losses. My dp account was maintained earlier by state bank of hyderabad and later by kotaksecurities.
The delisting offers have not reached to the postal address furnished my dp holder.

Till recently, my share transaction is through kotaksecurities dealers. I have no intimation from kotaksecurities...
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S
sambasiva Reddy Morthala
from Hyderabad, Telangana
Resolved
The complaint is marked as resolved when a company has responded to the complainant, addressed his or her dissatisfaction, and came to an agreement where both parties agreed that the complaint is indeed resolved. However, a complaint can be automatically marked as resolved if a complainant isn't responding or updating a complaint for 30 days after the company has tried to reach the complainant.
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Resolved
The complaint is marked as resolved when a company has responded to the complainant, addressed his or her dissatisfaction, and came to an agreement where both parties agreed that the complaint is indeed resolved. However, a complaint can be automatically marked as resolved if a complainant isn't responding or updating a complaint for 30 days after the company has tried to reach the complainant.

not closing demat account in spite of reminders

Address:500082
Website:[email protected]

I have a dmat account with kotak securities bearing
Client code:19069473.
This is not in operation eversince it was opened in 2016.
We requested them to close this account on nov21, 2017 and again in december 12, 2017.
We have paid the dues of rs 602. To their kotak bank, narimanpoint current ac:[protected] on 11/12/2017
Through icici/neft ref:[protected]....
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B
Biswadeep Mallick
from Kolkata, West Bengal
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complaining against kotak mahindra life insurance

Address:Howrah, West Bengal, 711203
Website:insurance.kotak.com

Sir/madam, i regret to inform you that i am receiving a huge phone calls form kotak mahindra group, kolkata (Ac market shakespeare sarani kolkata) for job purpose for the post of sales or recruitment and development. I am a job seeker but i do not do a job at kotak mahindra life insurance and they are calling me regularly and calling me 4 times in a day. When i am saying that i am not interest they are being misbehave with me. They are irritating...
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Priti@Indian
from Chandigarh, Chandigarh
Resolved
The complaint is marked as resolved when a company has responded to the complainant, addressed his or her dissatisfaction, and came to an agreement where both parties agreed that the complaint is indeed resolved. However, a complaint can be automatically marked as resolved if a complainant isn't responding or updating a complaint for 30 days after the company has tried to reach the complainant.
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Resolved
The complaint is marked as resolved when a company has responded to the complainant, addressed his or her dissatisfaction, and came to an agreement where both parties agreed that the complaint is indeed resolved. However, a complaint can be automatically marked as resolved if a complainant isn't responding or updating a complaint for 30 days after the company has tried to reach the complainant.

customer care abominably poor

Website:Kotak Securities.com

Fwd head of branch kotak securities:
Pl courier to residence a filled in form mr vivek as discussed.
You are my kotak relationship manager. Kotak cannot have a runner visit after 18days of phonecalls and requests.
Branch head mr monga s pa has assured call back multiple times, but he ignores landline and official mobile requests for help in linking adhaar. I am receiving from a major accident, post 2 plastic surgeries...
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K
Kiran Koshy
from Mumbai, Maharashtra
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demo not provided yet

Address:Pune

Its been almost 4 weeks i have opened an account with kotak securities and since then i am following up with customer care and the kotak executive who helped me in opening and account to help me with the demo of your application on web and app but they are least bothered. I am really disappointed with all the false promise and the kindly of service provided by kotak even though paying more then what other banks were asking to open an account....
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