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About Kotak Securities

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Incompetent and False Promises
May 31, 2008 05:20 PM 2930 Views

Customer Service:

Promptness:

I had a nice Image of Kotak Securities and Bank before I dealt with them, It all went Down and I realised Good can Lure the Customers but that does not necessarily mean Good Service .


1st I had given a margin money so that I would get Low brokrage, but I got the Same Brokrage as a regular joe would get after paying 750 Rs /-, after complaining what they say is Sorry it was the fault of sales person, who the hell cares about sorry and the sales person was from kotak .


2nd the User Interface is below average . I know it because I use both ICICI and Sharekhan . It is not very User freindly and Why there should be a concept of maintaining a Minimum balance of 1000 Rs /-.


3rd Customer Care is again below average . ICIC is expensive but the only reason I like it because you would get somebody to listen to your Grevience at the end of the Day . . . .


And the Biggest reason I find it incompetent , I belive a month back there was a Big fall in the Market and the kotaksecurities website was not working on calling I got the information that the website was down and they could not take order on phone too the Website came back after 2-3 Hours . This is Horrible . . . . my experience says that one should Distance himself from these kind of service provider as soo as possible  and thats what I doing by closing my account . . . .

Brand Response

Dear Mr. Walia,
We value your feedback and suggestion given to us.
We are in the process of getting a system developed to cover most of the points mentioned by you. We assure you of all efforts from our end in exploring more alternatives to resolve the hassles faced by clients at the earliest.
Incase, if you wish to lower down the brokerage we request you to kindly get in touch with your nearest branch of Kotaksecurities.
Regards
Swati Vyas
Kotaksecurities.

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By: KotakSecurities Deactivated | Jun 24, 2008  04:23 PM imageComments 4

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