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Kotak Mahindra Bank


Consumer complaints and reviews about Kotak Mahindra Bank

Rajeev Rawat Send email
Sep 10, 2020


I had applied to various banking jobs through and i got mail from Arohi mehta ragarding job in Kotak mahindra bank for which she requested 2500 as registration charges after that interview was conducted and i was informed that i was selected for Operation manager and offer letter was provided. After that Mr Ajay (892934638) and Ms. Sana Rajput who intoduced her as relationship manager (8929670848) asked 70000 for document verification, Bond security and Laptop charges. In offer letter joining date was provided of 28th Sep'19 which I was unable to join due to three month notice in my organization so i informed them and they told me that next joining will be given in january . In January I was following with them regarding joining date but Mr Ajay was told me that my name is not in January as HR is asking for 2 month salary which i had denied and I withdraw my name as asked them to refund the deposited amount which Mr. Ajay told that after 3 months amount will be credited but due to lockdown it was not credited. In June i again contacted Mr. Ajay and since then he is giving me false commitments of month end it almost 3.5 months since June but still my amount is not refunded. All chats are attached for your reference. Hoping for favourable action
Paviblr Send email
Feb 23, 2012

CHeated and charged very high rate of interest

CHeated and charged very high rate of interest
No Response from Kotak even after sending a e mail

This refers to the loan taken from Kotak Mahindra purchase of my second hand car (Maruthi Swift - 2007 Model) from Toyota Trust, Bangalore.

Car purchase was finalised for Rs. 3, 70, 000/-. I had made the down payment of Rs. 80, 000/-. Balance amount of Rs. 2, 90, 000/- I had opted to take loan. As per the discussion had with Toyota Trust during the purchase of car, they had promised me to give the interest of 15% reducing or 10% Flat for the loan amount of R.s 2, 90, 000/-

Unfortunately, the agreement copy was delivered to me very much late. But when the loan agreement was received, I was surprised to see that a flat interest charge of 20.8% was charged on me. This is pure cheating. Never expected this from a trusted company like Toyota Trust or Kotak Mahindra Prime.

Request your help in resolving the issue.

Loan agreement details:

Kotak Mahindra Prime
Agreement no: CF-6813425
Agreement date: 31/03/2011
Loan Amount: Rs. 3, 03, 775/-

Thanks and regards,

Pradeep Kumar M
Kotak_Support Send email
Feb 23, 2012

CHeated and charged very high rate of interest

Dear Mr. Kumar,

We apologize for the inconvenience caused to you. Our team has made a note of your concerns and will contact you shortly. If you have any other queries regarding this issue, please write to [email protected]

Regards, Kotak Support Team

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