Inconsumercomplaints.com » Business & Finance » Review / complaint: KOTAK SECURITIES LTD - FRAUDELENT CHARGES -TRADING PLAN | News #364975

KOTAK SECURITIES LTD
FRAUDELENT CHARGES -TRADING PLAN

BEWARE!! BEWARE!!

OF THUMPING EXTRA ''HIDDEN'' BROKERAGE CHARGES, OTHER THAN STATED IN PLAN SHOWN TO CLIENTS INITIALLY...

KOTAK SEC'S FRAUDELENT METHODS OF CHEATING CUSTOMERS -

BROKERAGE PLANS SHOWN ON WEBSITE OF TRADING CUSTOMERS INDICATE ONLY PART OF THE CHARGEABLE BROKERAGE TO CUSTOMERS.

KOTAKSEC. HAVE ' HIDDEN'' EXTRA CHARGES, OTHER MINIMUM CHARGES APPLICABLE WHICH ARE NOT DISCLOSED TO CUSTOMERS.

TRADING CLIENTS ONLY DISCOVER SAME, AFTER PARTICULAR TRADES DONE AND SURPRISED TO RECVE BROKERAGE CHARGES

NOT STATED / PRINTED IN EARLIER PLAN'S SHOWN BY KOTAKSEC.

AFTER RECEIVING CLIENT COMPLAINTS, KOTAK SEC FORWARDS THE HIDDN CHARGES GIVEN IN '' S M A L L PRINT '' .

We have been charged EXTRA brokerage amounting to Rate of 10 percent, wheras the PLAN proposed clearly indicated brokerage Rate of 0.25 percent.

Inspite of pointing out to Kotasec - service dept/ various complaint cell, Kotasec does not want to even read the Plan of their own website (forwarded to them as attachment) and they keep denying Reversal of Extra Fraudelant charges.

BEWARE!! BEWARE!!


Company: KOTAK SECURITIES LTD

Country: India   State: Maharashtra   City: Mumbai City

Category: Business & Finance

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