Submit a Complaint
Claimed

Kotak Securities Complaints & Reviews

www.kotaksecurities.com
3.1
Updated: Oct 24, 2024
Complaints 385
Resolved
227
Unresolved
158
Good! Kotak Securities values customer feedback and works quickly to address complaints. They handle issues regularly and provide solutions, making customers feel heard and supported, however, we would recommend that Kotak Securities step up their efforts to fully resolve all complaints 👍
Complaints
Contacts

File a complaint to Kotak Securities

Having problems with Kotak Securities?

File a complaint and get it resolved by Kotak Securities customer care. It’s quick, effective and absolutely free!

SUBMIT A COMPLAINT
Stock Market
Kotak Securities

Recently resolved complaints

View all complaints

Most useful reviews

11
Service UnAvailable
3
keat x pro
8
POWER OF ATTORNEY

Kotak Securities reviews & complaints page 9

Newest
  • Newest
  • Most Helpful
  • Most Popular
  • Resolved
  • Contains Photos or Videos
  • Oldest
S
smita balakrishna
from Mumbai, Maharashtra
May 23, 2018
Report
Copy

blocking my trading even though all details furnished

Address: Mumbai City, Maharashtra
Website: kotak securities

My trading and demat account with Kotak securities has been blocked under the pretext that 2 accounts have the same contact details. The same has been clarified on 17 may 2018 by submitting a relationship form, and staff has provided me with the query no 17708208 assuring me that the changes been done. Later the customer care office blocks my account on 21 may 2018 on the basis that details not updated. They then make me change my contact...
Helpful
Found this helpful?
Write a comment
Report
Copy
I
ipag
from Bhusawal, Maharashtra
May 23, 2018
Report
Copy

amount is debited in my account number 2012604139 due to insufficient fund.

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...
Helpful
Found this helpful?
Write a comment
Report
Copy
G
GT1
from Bengaluru, Karnataka
May 4, 2018
Report
Copy

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...
Helpful
Found this helpful?
1 Comment
Report
Copy
D
Druva Dn Gowda
from Bengaluru, Karnataka
May 1, 2018
Report
Copy

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...
Helpful
Found this helpful?
1 Comment
Report
Copy
H
Haji Wali Mohammad
from Chandigarh, Chandigarh
Apr 18, 2018
Report
Copy

client i. d. wy246 requisition for profit & loss statement and other relevant papers for 17-18

Address: 712258
Website: wali_md_2k@yahoo.com

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...
Helpful
Found this helpful?
Write a comment
Report
Copy
S
Sagar Jobalia
from Pune, Maharashtra
Mar 30, 2018
Report
Copy

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...
Helpful
Found this helpful?
Write a comment
Report
Copy
S
Subhsharma10
from Muzaffarpur, Bihar
Mar 18, 2018
Report
Copy

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...
Helpful
Found this helpful?
Write a comment
Report
Copy
N
Nishad Chitrasen
from Mumbai, Maharashtra
Mar 8, 2018
Report
Copy

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...
Helpful
Found this helpful?
Write a comment
Report
Copy
J
jagkp18
from Mumbai, Maharashtra
Mar 1, 2018
Report
Copy

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...
Helpful
Found this helpful?
Write a comment
Report
Copy
R
Rpvt5
from Arakkonam, Tamil Nadu
Feb 28, 2018
Report
Copy

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....
Helpful
Found this helpful?
Write a comment
Report
Copy
G
gpandit1964
from Ahmedabad, Gujarat
Feb 21, 2018
Report
Copy

closed trading accounts

Address: Ahmedabad, Gujarat, 382424
Website: gpandit1964@yahoo.com

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?...
Helpful
Found this helpful?
Write a comment
Report
Copy
A
Anjan2mon
from Delhi, Delhi
Feb 20, 2018
Report
Copy

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...
Helpful
Found this helpful?
1 Comment
Report
Copy
R
raagaa
from Delhi, Delhi
Feb 15, 2018
Report
Copy

I'm complaining about charges that were added extra after creating a demat account

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...
Helpful
Found this helpful?
Write a comment
Report
Copy
V
Vivek Jobanputra
Feb 15, 2018
Report
Copy

demat account not open for nr with a lapse of more than 4 months

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...
Helpful
Found this helpful?
Write a comment
Report
Copy
D
DWARKABHAI PATEL
from Ahmedabad, Gujarat
Jan 26, 2018
Report
Copy

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....
Helpful
Found this helpful?
1 Comment
Report
Copy
S
sharad revankar
from Chennai, Tamil Nadu
Jan 17, 2018
Report
Copy

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]...
Helpful
Found this helpful?
Write a comment
Report
Copy
A
Aruna talluri
from Hubli, Karnataka
Jan 11, 2018
Report
Copy

essar oil - non receipt of delisting offer - dp id no: in300214, dp a/c no : 11050303 - reg

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...
Helpful
Found this helpful?
1 Comment
Report
Copy
S
sambasiva Reddy Morthala
from Hyderabad, Telangana
Dec 26, 2017
Resolved
Report
Copy
Resolved

not closing demat account in spite of reminders

Address: 500082
Website: service.securities@kotak.com

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]....
Helpful
Found this helpful?
1 Comment
Report
Copy
B
Biswadeep Mallick
from Kolkata, West Bengal
Dec 24, 2017
Report
Copy

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...
Helpful
Found this helpful?
Write a comment
Report
Copy
P
Priti@Indian
from Chandigarh, Chandigarh
Dec 19, 2017
Resolved
Report
Copy
Resolved

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...
Helpful
Found this helpful?
1 Comment
Report
Copy

Related businesses

Money Classic Research
3.3
(191)
LakshyaCapital.com
1.2
(13)
ShareInfo Systems
1.7
(3)

New Member Registration

The following information is hidden from other customers and is only visible to representatives of the company you are complaining about. This step is optional and can be skipped below.
  Complete registration     Skip this step and finish later  

New Member Registration

Already a Consumer Complaints member? Log in now
  •            
    or
  Register  

New Member Registration

A confirmation email was sent to "".
To confirm your account, please click the link in the message.

If you don't see the email in your Inbox, please check your Spam box.
  OK  

User Login

Not a member of Consumer Complaints? Register now.
  •            
    or
  Login   Forgot your password?
Loading, please wait...


Your password has been sent to the specified email address. Log in

User Facebook Login

GDPR