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Kotak Securities Complaints & Reviews

www.kotaksecurities.com
3.1
Updated: Oct 24, 2024
Complaints 385
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227
Unresolved
158
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A
Aanchal Bhatia
Nov 19, 2020
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FNF is not settled yet.

Dear sir,

This is one of th employee of kotak securities who is already resigned from the job.
But kotak securities is not ready to process FNF as they are asking for POA documents.
POA documents is voluntary document which is optional for the Client.
Clients are not ready to pay their attention to sign this document.

They have never told that we need to collect this document as they are...
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Rahul9650464316
Nov 16, 2020
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Account closure

Address: Khangaw post rampatti madhubani bihar 847236

Dear sir/mam
Plz. Close my secuarty dmeat account i am not intrested for this account. So plz. Close this account urgent basic and conform me i have not recived any kit or account detals.and refund my saving account debit amount.

Regesterd phone no :- [protected]
Pan no :- FKWPS7175H...
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T
True feeling Love
Oct 8, 2020
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re: [query id: 27437057] kotaksecurities.com payout rqke3

Sir plz... See the matter...
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S
Satish Saggam
Sep 28, 2020
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Amount deductions

I recently opened account... Deposited 1000 rs... Today balance showing is - 1000...
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S
Shefali_Juneja
Sep 23, 2020
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Worst customer service

Address: 48-R Model Town Rewari

Hi my id is zw16x. From last few days i have been trying to connect to my representative but her behaviour is so rude and full of attitude.
I called her many times but no response. Every time she says she ll call back. Reason being she asked me to do a trade of her choice which i rejected abruptly.
Hope my complaint would be heard.
Or else i ll have to port to other broker....
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A
ash_mahek2003
Sep 17, 2020
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car loan

I have taken one car loan form kotak bank, loan no 8916367 in name of poonam bhardwaj, due to non payment of emi kotak toy my car hr26bx9420
Without my permission and without singing any document.
When i ask them that i will pay remaining balance emi then they said you have to pay all emi +all interest i. E 2 lac nearby but actual emi was only for 1 lac.

They said we are taking you car and all over. They toy...
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A
Anshika Rajat Saxena
Sep 9, 2020
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Regarding payout of my share amount

Address: C o Shobhit Complex Opp Jhandewala Park Bank of Maharashtra
Website: Kotak securities

I have opened a trading account in kotak mahindra bank on 12/07/2020 in which my client id is 33638617 and client code is zrdia. My shares of bank of maharashtra transferred there on 20/08/2020 which i infromed to mr. Sumit verma of your lucknow branch. He told me that it will take 3-4 days to sell my shares as i was in urgent need of funds but even after so many follow ups my shares got sold on 28/08/2020 through a trader named as mr. Shubham....
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parag1988
Aug 8, 2020
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Pathetic service from call and trade team

Address: NA

I had called call and trade team on 07th august 2020 for enquiring about my trades. This champ mr. Mohammed sheikh, mis guided and i was about to make loss on my trades.
Further, rather than apologizing his fault he started arguing when i asked him about my mf investment.
Poor service.
I havent got answer for queries....
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K
Kashmira_J
Jun 23, 2020
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KAS96_9, Complaint of Kotak securities trading platform

Dear Team,

This is to inform you that your Kotak Securities App is very pathetic. Whenever I went on to buy or sell any stock, the screen got stuck. It shows so many errors while putting any order.

Today only I had suffered a loss of Rs 700 because of this disgusting application. Even yesterday I faced the same issue and incurred a loss of Rs.400. Previously also, I had lost 2 shares which are ranging on 5%...
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1
110Arshad
May 29, 2020
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from last 8-10 months, i am observing that your services are being pathetic

Dear kotak team

I have been trading in stock market through kotak mahindra securities from last approx 14 months approx

In the beginning, i was given good support and assistance (For 3-4 months only) in regards to trading (Intraday and long term calls.)

But from last 8-10 months, i am observing that your services are being pathetic and worthless and quite disappointing

Employees...
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J
jeetu2224
Apr 30, 2020
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demat account charge waiver

Sir,

I open a demat account with you for best services and investment plan . your services are very poor because after opening Demat account any person not any call and any person not given response for operating DEMAT account then I was withdraw of my deposit amount after deduct your demat charges and i just regularly pay your monthly charge and remaining balance in my demat account more then Rs.1000 and not a buy and sell...
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S
sarathraksanaa14
from Mumbai, Maharashtra
Apr 16, 2020
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worst service in chennai kotak securities _ s sarath babu _ zy93g

Dear team,

I'm getting worst service issues in chennai kotak securities trading office.
I requested to update my icici bank account in my trading account for fund transfer purpose.. Its keep on tracking more than 4 months and there is no proper response and service. I could not able to access my kotak securities online banking and requested physical password many times.. Still not yet received....
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S
singsup
Mar 5, 2020
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depressing kotak mahindra

Address: A/97, Purba anandapally near swami vivekananda sporting club. P. O. Purba putiary, P. S. Regent park., Kolkata, West Bengal, 700093

Everything about kotak mahindra is frustrating and depressing. I got employed and my company sent in a number of banks to choose from. Kotak mahindra was one such bank. I walked in with a conviction that no kotak mahindra. But the benefits lured me into choosing it. As, i had existing crn number. The person asked me to send the pdf of offer letter and pan details on whatsapp to my point of contact whose number was shared. I shared the details...
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S
Shiv499
Mar 2, 2020
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regarding closing of my demat account

Address: Pune, Maharashtra, 411044

I had given request for closing of dmat account on 28th feb as per guidance given by customer care. Also i had submitted fataka declaration for online closing of my account. But instead of closing my account. Customer care faculty just making me fool and telling me to visit nearest branch.. When i was told to submit all required things n received by kotak securities. Still it's not working and just they pushing it forward so they can earn...
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V
VilasKane
Feb 10, 2020
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not accepting delivery slips at kotak mahindra bank dombivli east branch

Address: 421201

I am 63 years old senior citizen. I approached kotak mahindra bank ltd. Dombivli east branch for handing over delivery slip for transfering securities from my nsdl to cdsl a/c with dp bank of maharashtra. Delivery slip not accepted and i am advised to approach to thane br of kotak securities.

How senior citizen can go to thane from dombivli. The company should make arrangement to accept delivery slips. (Bank of maharashtra...
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S
SJQ
Feb 10, 2020
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very bad service from mr. rajan

Address: 190012

Hello
My name is syed Jameel. I am from srinagar j&k. I wanted to open a demat account for share trading. For this I searched on google and put some queries. I received a call from customer care of kotak securities who told me a personal from the company will call me and he will tell me the formalities. I received a call from Mr. Rajan from jammu after 2 days. I asked him the formalities and immediately I arranged everything within...
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Y
Ypkumar
from Mumbai, Maharashtra
Nov 26, 2019
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issues on charges

Address: Tallapudi, 534341

Don't trust KS, because every Saturday and Sunday they are working as settlement days next day is Monday when i opened my KS demat account i am shok... No always I'm getting First stroke heart attack
.
Bcz charges charges charges...

Just I'm invested 1500rs totally, and they charged me 720rs and I baught long time shares, why they are charged, I'm new to Investment. Please suggest me is it right to complaint...
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K
Kapil Vaichalkar
from Mandal, Gujarat
Oct 29, 2019
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kotak securities trading with negligence

Address: old warje jakat naka, Pune, Maharashtra, 411052

I got a call from the kotak fund managing team stating that they have received a call from the research team and they have asked me to put a trade in the currency market and asked to clear the red line debit in response i have told i am in a medical emergency and not in a position to do any more trading in-spite of this he continuously insisted me to arrange some fund from some where else literally i was in tremendous pressure due to my new...
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G
gyeshu
from Gurgaon, Haryana
Oct 12, 2019
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irctc ipo wrong guidance

Address: 600071

Dear sir / madam,

My self, my wife and daughter had applied for irctc ipo through integrated avadi branch against my application no.80168213 / 80169662 / 80168433.

We were told to do the payment process by upi app only. We did so with upi-vijaya bank 2.0 version.

We got the payment notice for rs 1, 98, 400/- for each on 3rd oct 2019. But our bank say as per rbi norms we can't make the upi mandate...
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V
Vip Immigration
from Jamnagar, Gujarat
Oct 10, 2019
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trading without permission

Address: 388120

Relationship manager tradibg without permission of client. Made huge amount of losses. Short sold shares without asking client made a loss and asking huge amount of money. These private companies dumping their pockets with money from brokerage so they keep on buying and selling shares like mad. Anand branch is a big fraud branch. Looting people locally...
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