LawRato

Can I take action against bank for non approval of loan


11-Jul-2023 (In Banking / Finance Law)
Can I institute a legal action against a bank for non approval of pradhan mantri mudra loan even when I qualify all the criteria ?
Answers (1)

Answer #1
883 votes
You can file a consumer complaint. Banks being negligent, arbitrary and which initself will amount to defeciency of services. Before even filing a consumer complaint you need to send them a legal notice requesting them to accept your proposal and if they fail to do so then you can proceed with the filing of complaint.

Disclaimer: The above query and its response is NOT a legal opinion in any way whatsoever as this is based on the information shared by the person posting the query at lawrato.com and has been responded by one of the Divorce Lawyers at lawrato.com to address the specific facts and details.

Report abuse?

Comments by Users

No Comments! Be the first one to comment.

"lawrato.com has handpicked some of the best Legal Experts in the country to help you get practical Legal Advice & help."