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Kotak Mahindra Bank Complaints & Reviews

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Updated: Apr 6, 2025
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Kotak Mahindra Bank reviews & complaints page 241

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A
ashish gupta
from Lucknow, Uttar Pradesh
Aug 3, 2008
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Stopped cheque cleared

Regarding the customer reference no. 15663572, please see the following mail from your account manager, who confirmed that all cheques from no. 1 to 30 are stopped except the cheque no. 18 and 5, still i went ahead and stopped the cheques 5 and 18. After all this, cheque no. 11 was cleared today. WHY? Why was i not made aware of the same? Its not my fault. Its the fault of your Manager.
I need the explaination or else i shall take...
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H
Hemant
from Mumbai, Maharashtra
Aug 1, 2008
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return of courier

I was supposed to get courier from Kotak Mahindra Bank (Kotak Card).

It was posted on 28th July 2008.

EXPRESS IT Courier vide airway bill no: [protected].
The express courier guy had come to my home for delivery, But instead of delivery he asked my wife that she want that Kotak card (He pronounced Kodak Card), because of misunderstanding my wife refuse to accept the courier and sent it return.
Shall...
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M
manoj
from Chennai, Tamil Nadu
Jul 23, 2008
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debit card

i quit the job before i got my debit card from the company.nw i want it since i will be doing lots of transations & i want my internet banking details as well...
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A
Anish kuamr
from Kolkata, West Bengal
Jul 14, 2008
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NOT RECEIVED MY KIT DUE TO MISGUIDANCE OF AN EMPLOYEE OF KOTAK NAMED ASHISH

Sir/Mam,

This mail is in accordance to a misguidance and false commitment which is being done to me for the past one week.

I am having a salary account with your bank and my account is with Saket, New Delhi branch
I am an employee of DELHI MERTO RAIL CORPORATION in New Delhi
This is a new salary account opened on the 12th of June 2008 as per my sms alert. I received my debit card pin on the 14th...
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S
Sachin Kumar Singh
from Bareilly, Uttar Pradesh
Jul 14, 2008
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Reimbursement of loan Surrender Charges

Dear Sir/Madam

This is to make you in notice of the wrong practices happening in Agra Branch of yours.
I applied for a Four wheeler loan from kotak Prime in Feb'08 with the agreement number 4444852 in the name of Sachin Kumar, r/o 4, Master Plan Road, New Lajpat Kunj, Khandari, Agra for the purchase of Maruti Swift Vdi from Kavisha Motors, Agra.
The loan was sanctioned in Jan'08. Kotak Prime,...
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I
Indra Deo Ram
from Delhi, Delhi
Jul 14, 2008
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Mis Selling and hassel & loss of 50000/-

To,
IRDA (Insurance Regulatory Development Authority)
CC:, J.Hari Narayan (MD IRDA), Gaurang Shah (Managing Director kotak Mahindra old mutual life insurance)
(Sub – Application for Reduction of Premium or Withdrawal of Policy with whole Sum.)
Sir/Madam,
I Inder Deo ram a policy holder of kotak Mahindra old mutual life insurance, policy no.[protected] & client ID – 50353901. Like to...
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M
mahesveri prasad rai
from Jaipur, Rajasthan
Jul 10, 2008
Nov 23, 2022
This thread was updated on Nov 23, 2022
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fake trading by angel broking

dear sir,
i am giving this mail because my problem is not solved. last time they are saying for the settlement but now they are saying that i have to pay that much amount.as i have got the information from angel main office that if you inform at the same time then we can solve and setteled your problem, all ready i am giving information to their sub broker 'mr.ajay singh' from 8th may 2008 and they make me fool by saying...
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K
KUMAR AJAY G
from Mumbai, Maharashtra
Jun 28, 2008
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telecaller

mr.deepak/mr.dilip...may be false name calls from no.[protected]..today called on my no.[protected] at11.28am, dated 21st june 2008..very adamant person called again after warning after 1 minute again at 11.29 am.

pls issue a notice on my behalf.

rds,

kumar ajay
[protected]...
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S
sujit kumar yadav
from Mumbai, Maharashtra
Jun 18, 2008
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fraud

I had applied for a loan which was i Supose was not clear than suddenly an EMI for Rs/-7425 was deducted from my acct then I contacted Kotak Bank, they said the loan was cleared howevre the Chq was lying with there Ececutive and they said in order to close the acct I need to pay Rs/ 2000, then they will return my cheque other wise they will keep changing the EMI .I did that as well, Still they did not close the acct and now I am getting...
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T
T V RAGHUNATH REDDY
from Chennai, Tamil Nadu
May 19, 2008
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HIGH END HARASSMENT BY KOTAK RECOVERY AGENT OVER PHONE, BY Mr. VINOD (MOBILE NO 09849247483, BRANCH PH. NO. 040-66299000)

Mr. VINOD RECOVERY AGENT FROM HYDERABAD, SOMAJIGUDA BRANCH HARASSING ME TELEPHONICALLY/MOBILE THREATENING USING ABUSING LAGUAGE FOR THE PAYMENT DESPITE MY REPEATED REQUESTS FOR A STIPULATED TIME.

HE THRETENED ME ON[protected] AT 08-14 PM, CONTINUED HIS TELEPHONIC HARASSMENT FOR 5 MINUTES 21 SECONDS, LIKE THIS HE IS CONTINUING HARASSMENT SO THAT MY SELF AND MY FAMILY GOT VERY MUCH DISTRUBED,

HE CONTINUED DISTRUBING...
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S
Sarala M.Joshi
May 2, 2008
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charging more than 3% certification charges on my investment

I had invested 25 lac in this 18months fix fortune scheme.This was mature on 31st december 07.First they send me 7% charges on my investment as certification charges.After my complain they reduce to about 3% and 1 1/2 % bank charges.This is not normal.
I have also NRO a/c with another bank and there they are not charging on every transaction .They are charging when I withdraw money.
SEBI must look on this mater and resolve this...
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M
Mukesh Sharma
from Dehra Dun, Uttarakhand
Apr 1, 2008
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Car Complaint (non-transferring of the documents)

Subject – Complaint Regarding The Document Transfer of the Car

Sir

We Financed our Car Model Name WAGON-R – Lx. With the Reg. No. UA07 L 8881 in the year Oct. 2005 withthte Loan A/C no. A3301027 from the Kotak Car Finance from your Dehradoon Office.
The Car was in the name of my Fathe Sh. Mahesh Chand Sharma with the complete correspondence address as under.
Sh. Mahesh Chand Sharmabr...
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V
Vishwas Sharma
from New Delhi, Delhi
Mar 18, 2008
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Fraud commitment by representative Mr. Prashant Saini.

Dear Sir/madam,

As per subjuct, I, Vishwas sharma A/c no. [protected], Opened with kotak mahindra bank, the account opening time your reperntative Mr. Prashant Saini, Asst. Manager, Mobil no. [protected], told me that, this account is zero balance account, there is no any charges by bank. He is insure that for the same. But now bank was charged me minimum balance maintenance chareges. I am trying to contract with...
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A
ANUP SONI
from Mumbai, Maharashtra
Mar 13, 2008
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REPOSSESSION BILL CLAIM

SUBJECT : PENDING BILL CLAIM

RESPECTED SIR,

wE ARE REPOSSESSION AGENCY FOR GUJARAT, YOUR COMPANY MANAGER MR. SUMIT BASU WAS CALLED ME ON MY MOBILE AND HE WAS TOLD ME WE HAVE TATA FINACE CAR/CV DEFAULT CASES FOR GUJARAT, THEY WAS TOLD ME THAT TIME I WILL SEND YOU A DEFAULTER DATA ON YOUR MAIL ID AND THEY SEND ME A DATA FOR GUJARAT AND RAJSTHAN.

HE WAS TOLD ME FIX REPO RATE 30,000/- RS. CRAIN CHARGES...
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M
manoj sawant
from Mumbai, Maharashtra
Feb 12, 2008
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Fraud Commitment Against Personal Loan

Dear Sir / Madam,

I am Manoj sawant applied for Personal Loan from Kotak Mahindra Bank on a assurance given by Executive of Kotak Mahindra Mr Vijay ( Team Lead Services Pvt Ltd Andheri) that i will be given loan at 15% reducing balance interest & 1.5% towards processing fees and without any Hidden charges.

I have submitted all the necessary document as per the requirement of the loan with blank cheques signed.br...
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M
Manjunath V.R.
from Delhi, Delhi
Jan 28, 2008
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Non receipt of insurance bond

To
Kotak Mahindra Bank,
Bangalore.

Dear Sir,

I am Manjunath. One month back I applied for a personal loan with you. The next day itself, your executive came and took all the documents including my Citi Bank Cheque Leaves for processing. Then, your unprofessional executives dropped the cheque to Axis Bank (UTI) where I do not even have an account. Then they kept on lying that they have deposited...
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A
ANAND .S
from Pune, Maharashtra
Jan 17, 2008
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ANTI CUSTOMER ATTITUDE

I have been at the receiving end of KOTAK ADAYAR's unfriendly customer attitude for around an year and a half now.They had promised a ZERO BALANCE ACccount while the account was opened but have been continually debiting around 700 rs every quarter for NON MAINTENANCE Charges. The last quarter's debital was even funnier because the NON MAINTENANCE Charges were levied when I had 20% over and above the minimum required balance-for...
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P
Preethi
from Delhi, Delhi
Jan 10, 2008
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Do not fall for this scam - kotak mahindra personal loan

I was approched by one of the field executives representing Kotak Mahendra for a personal loan. I submitted all the documents required in the matter of a weeks time. After this is what got me really thinking "If i took the right decision by choosing kotak mahendra as the company I want to deal with".

I was asked for some specific set of documents by the field executive first, which was promptly submitted. Later I...
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A
Amandeep
from Gurgaon, Haryana
Oct 21, 2007
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wrong charges debited + ruthless behaviour by their executive

This is to inform you that Myself Amandeep Arora, 4-65-A Shivaji Nagar, Gurgaon-122001, one of your non valuable customer with A/c No[protected] has been charged Rs 56. -- For twice in this month without any proper justification from neither your helpdesk & nor from your very ruthless and non cultured (who don’t even know how to talk) executives that deals in this sort of problems. its not the matter of amount, it’s the...
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