Kotak Bank : False communication about the cash withdrawal charges.

Name of Complainant bharath
Date of ComplaintDecember 9, 2021
Name(s) of companies complained against
Category of complaint Banking
Permanent link of complaint Right click to copy link
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Text of Complaint by bharath:

Hi SIr,
I have taken 15 lakhs personal loan from Kotak Mahindra bank. To withdraw the amount I visited kotak Mahindra bank located on Sarjapur road (Bren mercury). Kusbu & Shana from the bank given miscommunication about the withdrawal charges, stating for 10 Lakhs they will charge 350 rupees. So thinking charges are less I done cash withdrawal of 15 Lakhs. My wife also got a personal loan from HDFC, I transfered that amount to Kotak & with drawn 9 Lakhs rupeess thinking charges are less.
This transcations are done on Oct-26th & Oct-28th .
On Nov-10th I got debited an amount of 7K change against cashwithdrwal charges . Later Rs.4700 Rupess are put on lien amount against cashwithdrwal charges.
I visited the bank & asked about the charges, where Bank people said they given proper communication. Now when I am asking for the refund, they are saying we cannot give full refund.They can give only 2000 Rupess it seems. What I need to do to get full refund?
Thanks,
Bharath

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Kotak Bank : False communication about the cash withdrawal charges.

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