Legal Notice
Dear JAKKULA DINESH
You have availed a Credit Card facility vide Credit Card No. 000416644XXXXXX3197 from
Kotak Mahindra Bank Limited. As per the terms and conditions of the Card Holder Agreement
and Most Important Terms and Conditions, you are liable to make payments of the various charges,
as are applicable for the retention and utilization of the said Credit Card. It is pertinent to mention
here that you have been regularly billed by means of the periodical statement (s), issued by the
bank in relation to the said Card.
You have however, deliberately failed / avoided to adhere to the terms of the payment and your
Credit Card account is overdue. As you have failed to make the requisite payments, an amount of
7906 is immediately due and a total amount of 24943 is outstanding against your above said Credit
Card.
We understand the hardships faced by you however as per the provisions of the contract and the
Bank policies (duly agreed by you at the time of taking the facility), you are liable to make
payments for the amounts duly and contractually payable by you. As per the terms and conditions
of the facility, in case of default for not paying the outstanding dues, the Bank will consider it as
‘Event of Default’ and breach of the contract and the Bank in its sole discretion can initiate
Civil/Criminal Proceedings against you, for the recovery of its entire dues along with interest and
other charges for which you shall be entirely responsible as to the cost and consequences thereof.
Even after constant reminders from the Bank, there has been default in payment of the outstanding
dues.
We therefore call upon you to pay 7906 within 24 hours from date/time of this notice failing which
Bank shall be constrained to initiate appropriate legal proceedings against you, for the recovery of
its entire dues along with interest and other charges for which you shall be entirely responsible as
to the cost and the consequences thereof. Please note that by not adhering to the re-payment
schedule, you are committing a breach of the terms agreed by you which attracts the invocation of
default on your part and unwarranted consequential action with accrual of higher interests.
For making the payment, please contact immediately to Karunakar Yerraboina at 7304493560
or email at karunakar.yerraboina@kotak.com
A copy of this notice has been retained in our office for further action.
If already paid please ignore this notice.
Please do not reply to this mail id, contact the collection manager mentioned above.
Kotak Mahindra Bank Limited
5th Floor, Zone IV, Building No. 21, Infinity Park, Registered Office:
Off Western Express Highway, General A K Vaidya Marg, 27 BKC, C 27, G Block,
Malad (East), Mumbai Bandra Kurla Complex, Bandra
Maharashtra – 400 097, India (East) Mumbai – 400 051, India
