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Kotak Mahindra Bank / unfair deduction min balance (tbms) from salary account

India, Noida Review updated:
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kotak mahindra bank
Hi Sir,

I opted for kotak mahindra salary bank account in Noida working for bhavna corp, while opening the account it was told that it is a zero balance account, never told about min balance. I joined New company and got HDFC salary account.

Even my salary stopped crediting, Never communicated regarding MinBalance (TBMS) deduction. Today in Bank, I came to know that these deductions are happening from Aug onwards and you have deducted more than 9500 from my account.

This is my hardly earned money.I have used other sal account ING VYSA and HDFC, never faced any issue like this, really dissapoited and frustrated from Kotak side.
My Family has opted for various home loans, car loans and have accounts in kotak.With this Unfair deductions, I have to think before recommending kotak to others.I would not want my familyand friends to undergo the situation I have been through.
Hoping that Kotak will hold my trust and revert/waive the charges imposed(tbms).

CRN N0: 69164350
account number:[protected]
Kotak mahindra bank 31 and 32 Block-G,
Noida, Distt Gautam Budh Nagar
6692030 Noida:20301 Up
Br Code: 181
Contact No: [protected]

Kamlendra Chandra
Jun 30, 2015


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A  14th of Aug, 2015 by 
Agree Disagree 0 Votes
same thing happened with me also..

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Kotak Mahindra Bank Logo Kotak Mahindra Bank
Customer Care Service
27 BKC, C 27, G Block, Bandra Kurla Complex, Bandra (E)
India - 400051
+91 22 6600 6022
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