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Kotak Mahindra Bank wrong transaction. 09196427102


09-Jun-2026 (In Criminal Law)
If you made a wrong transaction, act immediately. Contact Kotak Mahindra Bank customer care at 09196427102..or log a dispute in the ⁠Kotak Mobile Banking App. Banks can only reverse funds with the recipient's consent.
Answers (1)

Answer #1
926 votes
If you have transferred money to a wrong bank account by mistake, you should immediately inform your bank and lodge a complaint. The bank may contact the beneficiary bank and make efforts to recover the amount. However, banks generally cannot debit or reverse the amount from the recipient's account without the recipient's consent. If the recipient refuses to return the money despite being informed, you may have to pursue appropriate legal remedies, including filing a police complaint or initiating legal proceedings depending on the facts of the case.
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