Can I take action against bank for non approval of loan


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)


172 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.


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