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Pramila
@PramilaS

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PramilaS's Timeline

Commented on own review

Jun 24, 2009 12:01 PM (Updated Jun 24, 2009 12:03 PM)

Hi Kanika, Thank you for ur advise to report the issue to the branch head. I reported to the Branch head and they have agreed to reverse the interest charges..

Commented on own review

Jun 23, 2009 02:33 PM

I have escalated this issue to RBI.. If anyone has the email id of Kotak Head pls provide me

Commented on vishnu361's review

Jun 22, 2009 09:52 PM

Rightly said... The 0% emi is applicable only if Total amt due is paid in full.. If there is a short fall of payment the entire emi will be attracted with interest charges at 3.1%. Which no other bank does.. Even in the case of 12 months EMI where they charge 7% flat interest & processing fee. W...ill attract with additional 3.1% of interest if customer makes pymt less than Total amount due.. Which means they charge double the interestRead More

Reviewed Kotak Mahindra Bank Visa Credit Card

Cheating customers on EMI

Jun 22, 2009 09:40 PM 4032 Views

I m holding an kotak credit card, where they offered me EMI for 0% interest, 3 months tenure. I had opted for 2 emi in my account. Thinking I would avoid paying nterest charges by converting into installments but I realised only in the later stage that this was just an eye wash & an offer to tra...Read more

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