Before lodging complaint i wish to advise everybody dont open any demat account with kotak mahindra bank. Because they are cheating the public. I had a demat account with kotak securities client code jp6d0. My name is r. Santhi. When i opened my account initially they told us that charges will be levied for transactions done at 0.25% on each purchase and sale transaction. Due to the wrong guidance of mr. Suman executive of kotak securities i lost about rs.1.00 lakhs in tranctions. But when i want to close my account he said that my account is at a loss of rs.4.00 lacs. Some hidden charges like interest for the limit, turnover tax etc which were not advised earlier have been debited to the account. I want to go to consumer forum. I had a doubt that some of my sale transactions have been routed to the account of mr suman executive instead of my account. I request you to investigate and advise us
Was this information helpful?
No (0)
Yes (0)
Kotak Securities customer support has been notified about the posted complaint.
Customer satisfaction rating Customer satisfaction rating is a complex algorithm that helps our users determine how good
a company is at responding and resolving complaints by granting from 1 to 5 stars for each
complaint and then ultimately combining them all for an overall score. Read more
Post your Comment