What exactly company says and what it is all different.
6% PA all gimmick-only above 1 lakh Rs in savings acct, kidding me y the hell i’ll keep a lakh in savings:)
They don’t have recurring deposits? why no answers.
Remember always read ACE savings acct 850 rs per month charge for not maintaining 50 K balance. so here’s the calculation .if you take around 25000 rs of Loan for a period of 4 yrs then your monthly EMI will be around 700 . what I meant is they are charging more than loan accts:).
They will never tell you hidden charges.There customer care representative or sales person will be telling demonstrate the benefits which practically no body uses.
They charge for debit card maintenance charge on yearly basis, where other banks dont. There debit pin is of 6 digit mostly ATM takes only 4 digit PIN so high chances of getting locked.Moreover surely you are not going to search for Kotak ATM all over the city!
Actually when you compare Kotak products and other banks product at the face they sounds awesome .wow this is not offered by other bank .you buy that product and it sucks! you’ll realize.
7.For every other reason you have to run to their BRANCH just like SBI .
- Beneficiary addition takes too much time, compare to other banks and you don, t get a confirmation sometimes.