I wanted to get a new account with any big private bank in Bombay, I thought of going with Kotak, even after repeated attempts by my brother, I opened it assuming that the promises given by Mr. Kishor Age from Crawford Market, Bombay branch will be fulfilled.
Till date, nothing has happened, I was promised a free credit card as I paid them an initial check of 1 lakh Rs, after 2 months and 100s of followup, I got nothing.
Banking is worse, they even charge for FD, they charge 700 rs for cheque bounce, I run a business and cheque people give me bounces sometimes.
I cant afford to pay 700 rs to bank for it, I would suggest everyone to open bank account in any bank you want.
Even govt. banks like IDBI or private banks like Narmada Grameen bank are way better.
Stupid Kotak.
They are just here to fool the customers by giving false promises.