I LALIT JAIN would like to ask KOTAK MAHINDRA BANK that on which legal grounds my 2 cheques of rupees 12, 93, 000 was stopped on saying of PLATINUM DISTRIBUTIONS PVT. LTD . Mumbai. I m very ashamed to tell you that your management and banking staff supports FRAUDULENCE & ECONOMIC CRIME ACTIVITIES performed by platinum distributions pvt. ltd. Maintaining a/c's of FRAUD company like PLATINUM DISTRIBUTIONS PVT. LTD. - is this your banking policy ??

As per my information and research this fraud company PLATINUM DISTRIBUTIONS PVT. LTD. firstl deals with genuine person/dealers with the intention of doing fraud by giving them cheque and then mostly cheques of this company are STOPPED for no reason. AND, management & banking staff of KOTAK MAHINDRA BANK is also supporting this hobby of platinum distributions pvt. ltd. TO SUPPORT ECONOMIC CRIME ACTIVITIES .

This proves that bank staff, managers are also having involvement or special interest in giving birth to FRAUD and ECONONMIC CRIME ACTIVITIES.

Therefore, somehow KOTAK MAHINDRA BANK is also initializing steps towards ECONOMIC CRIME.

IN INTERRUPTING FINANCIAL TRANSACTIONS - KOTAK BANK IS ALSO LEGALLY RESPONSIBLE

I m providing you details of bounced cheques, letters of party
• party name---- platinum distributions pvt. ltd.
• party's bank a/c no--- 06532180000124
• kotak mahindra bank
• branch adress & phone no--- Ground Floor, Neel Rekha Bldg. L T Road, Borivali (W) Mumbai - 400 092 (022) 28901089/28010743
• cheque no & cheque amount---- 001291 of rupees 10, 00, 000 (ten lacs) & 001299 of rupees 2, 93, 000 (two lac ninety three thousand)
• dated--- 20 december 2010

rest details and letters of company are attached with this .

I WANT IMMEDIATE ACTION !!

FROM,
LALIT JAIN
NAMASKAR TRADE LINK
27-C KOTHARI COMPLEX
OPPOSITE DIESEL SHED
INDUSTRIAL ESTATE
JODHPUR (RAJ)
CELL NO - 093140 25721 & 9785161000

I am an account holder with Kotak Mahindra Bank (A/C No 06540010010187). At the time of taking the account the bank’s sales person had promised a lifetime free savings account (zero balance account). Post checking with the bank it was verified the same was true as it was an offer for employees of specific corporates. However during the same year the account was modified to a normal account with charges being deducted on a regular basis which is not acceptable to me. Currently as per a latest statement my savings bank account shows a negative balance of -5582 (Rs), which I do not agree with at all.

I have raised the matter with the call center and also provided a written compliant to the same. However surprisingly post filing the handwritten letter and also the bank's form for closure of the account I have received the same back with instruction to close a DP account (which is a demat account). I do not hold a demat account with the bank. Currently as per a latest statement my savings bank account shows a negative balance of -5582 (Rs), which I do not agree with at all. I request immediate closure of the account as I think it is unfair, also it seems to be against any acceptable logic to pay to close a "savings bank account". In case the bank felt they could not hold a zero balance account they should have close the instead of charging a fee for an account I have not utilized post the period they began deducting the charges. Also just to add my account was reduced to a negative balance by deducting a sum of money that was present at the time the policy changed.

Again I request immediate closure of the account by the bank.

Jayan Mathews

I have opened a bank account with Kotak Mahindra Bank two years back. I have not operated for my bank account since it is opened. I had withdrawn all the money I deposited into bank. I wanted to close the bank account immediately. But the bank people are asking so many unwanted questions. They are sending a bank statement with debit balance for not keeping the required amount to maintain the account. They are not ready to close the account. Whenever I call the bank to close the account, I have to speak to so many persons ( line will be transferred) explaining in detail to each & every person.

I am Rinkesh Rameshbhai Prajapati. I am from Ahmedabad.kotak mahindra bank cheat with my father.My father give settlememt money as per giving bank employ. Now he told us loan completion letter u get in 2 to 3 days. but they talk with us very poor. They dont maintain manner. and he dont give us loan completion letter. my mobile number is 9276107874.
sir, after that bank employ told me u give more money. then we give 3500/- Rs. then he told us loan complition letter give in 5 days. but still we are not getting.
sir, we are middleclass person. your bank employ hareessment us if u not give more money v call u police.
At Ahmedabad Main branch shivrajni. my father minimum 100 times gone. my mobile call they are not accept. i am middleclass person.
Mahidra kotak person which my father & me talk i give you them as bolow..
jitendra bhatiya
devu thakor
rajak
brijesh


My name is Rinkesh R Prajapati
my mobile number is 9276107874
Plz help me. i am break due to kotak mahindra bank wrong commintmemt.

Well i have worked with Kotak Mahindra Bank, it is probably the worst place to work in the whole financial industry.Not me but you can ask any of the current employees and the news is now widespread among the whole industry now. thats the reason that no one is interested in joining this bank even at good amount of hikes. Well my experience had been a horrible one too. In our MBA colleges we learn about professionalism and working with people with whom you can learn, but at this place there is no word like professionalism and learning from your bosses or any of the seniors well they hardly know about their work so how can you expect to learn from them. They very proudly say that we are among the top 10 best financial companies to work with(rated by Hewitt Associates), well Hewitt i am sure will from this year will not include them in the top 100 also. Infact a mail will be sent to Hewitt also for the same.
Well HR is the most amazing department which this bank has, they have been given the mobile phones which they infact never answer.If by mistake they pick up the phone well then they realize somehow that ohh we are working for Kotak Bank.i have been waiting for my final settlement cheque from kotak for the past 2 months, well i did try to contact HR but they dont pick up the phone and by mistake once in a blue moon if they do that, then the simple answer they give is It is in process.
Mr.Uday Kotak please if you can do something about the bank do pay some head towards how to manage the employees. The employees in all the branches are treated like dogs, abused on all the things.Well this bank is new into the financial sector, so this is the time you can actually make it a better place to work. Trust me it is in real mess right now. Please if you can send my final settlement cheque also, i will be greatful.
Well god bless all the employees of this organization.