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I use Kotak as my salary account, and I haven't received my salary yet. Is there anyone else facing the same issue?

Software Developer

I use Kotak as my salary account, and I haven't received my salary yet. Is there anyone else facing the same issue?- Grapevine

Welcome to Personal Finance's Private Community

What account did you choose to get your salary in and why?

Salary accounts?

Software Engineer

Hi, which account is opened for salary purposes 
And which bank is better ICICI or HDFC
In terms of services and credit cards

Salary acc vs Savings acc| ICICI or HDFC

Welcome to News Discussion's Private Community

Had a bank account of Kotak where it was inoperative from 1.5 years and NMC Charges went to 7900 INR. When I went to close the account they started insisting me to pay the charges.

How do we deal this folks, coz at the time of taking account they said it is zero balance and then after salary stopped crediting they converted  into a savings account with mostly generic alerts !!!! 

Looteri banks. 😏😒

Banks looting !!!

Hi all,

I had joined Mphasis and just only attended virtual on boarding and left the job as they fell back on promise they made. I had not received any salary for that. Just before tax paying date, I received form 16 saying I was paid salary and had to pay tax on that. In reality I never received any money from them. I mailed to HR help desk multiple times, I never received any resolution. What should be my next step.

I have been issued form 16A from mphasis without actually receiving salary.

Digital Marketer

Hi,

I’m looking for an saving bank account to open online without need to go bank offline.

This is just to park some money for sometime, as if it’s main account I just keep spending it.

Main purpose is only to park some time and then once I get some lumpsum saved, around ~4/5L, will use it for any  investment or need spend at that time.

My main account currently which I use is Kotak and ICICI and I had used HDFC some years before but not using now. So I’m looking for some other bank account or the new age neo banks etc kind off with better return / rewards or offers but the core not to visit any bank offline for any purpose. 

Thanks

Which is best bank to open a online saving account ?

Consultant

Welcome to Indian Startups's Private Community

Almost 50% of the org got no increments
People with "exceeds" rating got single digit increments
Only promotion cases have got early to mid double digit increments
Promotions have been significantly fewer this time, max people have been told to hold off their expectations of promotions for another year

The reasons cited were economic slowdown, other companies like Microsoft, Flipkart, swiggy, Amazon doing the same and cost cutting. I think things are getting toxic and the majority of employees have been left disappointed.

Razorpay increments - sad state

Founder

I have a IndusInd bank salary account(Gurgaon), where last salary was in 2019 jan. Haven’t been using it since then… Tried to check balance today.
It showed a negative balance of -6500. WTF!!
Worst part, bank employees at Bangalore says I have to close account in Gurgaon.
Would want to understand if similar issues had been faced by others as well.

What horrific charges you had on your bank account?

Head Of Growth

I am starting my first job and have no clue how to select a bank for my salary account. We have been given the following options : HDFC Axis ICICI and SBI. 

What are the factors and which I can decide? Any help or personal experiences appreciated!

How to select a bank for a salary account ?

Management Consultant

Welcome to Software Engineers's Private Community

Hi 
Is there anyone who has recently joined Kotak as SDE or an existing employee who can tell about the work culture, appraisals, wlb , it will be helpful in considering the offer.

Kotak Sde - 1

Need onion googlers, Recently gave interviews for L3
Got 2 hires in on-site, third on-site review is pending (would be lean hire most probably) 
Googlyness is still remaining.

Is there any chance for clearing HC based on this? 
Total Ex- 1.5 years

Google HC chances?

Does anyone know about work culture at Kotak811?

Saarti.ai, an AI based tech support startup hasn't paid salary to their employees since March'23. They have been giving fake hopes that employees (140+ folks) will receive it soon and all. But their pockets are empty. The most interesting part, the senior management is still getting paid, but others aren't. 

Employees are scared to call this out as they are worried that they won't get the backlog salary. 

PLEASE SHARE THIS AS MUCH AS YOU CAN ON ALL THE PLATFORMS. These people should be answerable

Founder: https://www.linkedin.com/in/vishwanathjha1/
Website: saarthi.ai

Saarthi.ai unable to pay salary to their employees. Delayed by 90+ days

Product Manager

Hi Grapeviners

Over the last month or so we announced two massive products that are as big as Grapevine itself:   1. Private Company groups with verification 
2. Salaries on Grapevine 

Thousands of you have since adopted these products, but most importantly, you gave us great feedback and we are working on making these more helpful

Here’s what you can expect from Grapevine in the next few weeks: 

1. Direct Messaging on Grapevine (yes yes, I know at this point everyone seems to be giving up on this xD)
2. V2 Update to Salaries - making it more useful with more data points 
3. Launching verification and company private groups for 100 companies (we will keep doing this where we have enough people)
4. A better feed: We are hoping to show you less of posts you’ve already seen (A common complain with Grapevine)
5. A new approach to communities on Grapevine
6. A feature buff to Polls - making them even more insights rich
7. Better Link type posts - currently links on Grapevine are broken
8. Grapes V2: People will get grapes for creating ‘Chatty posts’ and ‘Deep Polls’ over and above the current definition of Grapes that is just focused on the number of likes you get
9. An Official Grapevine mixer (details soon!)

As always, your feedback and spreading the good word about Grapevine is always appreciated

What can you expect from Grapevine in the next few weeks?

So, I just tried to access my SBI account and whaddya know? It's BLOCKED! Apparently, my KYC needs updating, which is fine, except SBI DIDN'T TELL ME! No email, no SMS, no little pop-up warning - nothing.  Just a big, fat "Account Blocked" message.  Thanks, SBI.

This whole KYC thing is important, I get it. But come on, a little heads-up would have been nice!  Anyway, now I gotta scramble to get my account reactivated.  Ugh.

Speaking of banks, this whole ordeal has me thinking about switching.  Being a salaried person, I need a good savings account with decent features and benefits.  So, if any of you have recommendations for banks with awesome savings accounts for working folks, hit me up in the comments!

Let's all share some good bank knowledge and avoid this frustrating situation.

Which Saving Bank account is the best

Data engineer

Hi everyone ,
I have 2 years and 8 months experience.
My current CTC was 9 LPA.
Have 2 offers 
Kotak SDE-1 (REACT)-11.55 LPA fixed + 1.25LPA variable 
Sendinblue SE (Frontend) -13.8 fixed + 70K variable .

Can anyone who has joined the above companies recently tell what salary they are being offered for the same role .

Salary range | Kotak | Sendinblue

Guys a friend working there told me Kotak Bank is going to cut approx 20 percent of the workforce across all departments. They have already started revoking offer letters. Also they will not be giving increments and bonuses. Tough times ahead. Anyone bearing things from established companies.

Kotak Bank to start lay offs

Growth Manager

Hi team,

I am not able to update my salary card even after an year. Still locked.

not able to update my salary card.

Technical Lead

how do you guys track expenses? I need to simply know how much I spent since my salary last credited. Where was it spent ..etc

I just read the  bank statement of my salary acc at the end of the month. This feels like manual effort. I wish my bank provided a better approach so that we can track these on the fly. But afaik none of the large banks in India have a built in feature in their app to do this.

Expense Tracking

How many bank accounts you have and why?

Any bank accounts just for FD with high interest rates? 

What’s your take on this? 

Noob here. Thanks in advance.

I use Kotak as my salary account, and I haven't received my salary yet. Is there anyone else facing the same issue?

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