Kotak mahindra bank ltd
Adding Interest

I am having Kotak Credit Card, In 2009 december my payment date is 23.12. I will pay my cheque on 22.12.2009 at the kotak bank drop box.(Near Avinashi Road Branch). In my January statement sent by the bank they will charged for Interest charges and late Payment fee.

I ask and mail to nodal officers they will reply and accepts reverse the late payment but not reverse the interest charges. Once they accepts my payment then how charge interest.

And i will stop the all activites to the credit card and surrenderd and pay my all dues without interst.

But now the problem is they will generated monthly bills to accumalated the interst charges.