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Kotak Mahindra Bank Image

MouthShut Score

17%
1.12 

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1800-102-6022

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Worst Bank i have never seen.
Jul 06, 2017 06:32 PM 3318 Views

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I have never seen this kind of bank. It charged me Min Balance maintenance charges Rs. 977 per month. This is very huge amount. They told if I can maintain min balance(10K) for next 3 month then they will revert all the charged amount. But they did not reverted single rupee instead deducted other charges from min balance 10K. After deducting other charges from my min bal amount then it came down from 10k. Then they started to charge Min Balance maintenance charges.


Like I am transferring amount to kotak bank to maintain Min Balance and they are deducting other charges and balance is going down 10K and they start charging maintenance charges. I lost more than Rs. 6000 with in a year.


Today I realized to close the account and closing stupid account.


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