Consumer protection act,Consumer rights
Can I file consumer complaint against a bank?
The Bank has rejected my loan application. Can I approach the consumer courts for deficiency in service?
By  Ritesh .  |  22 Apr 2016  |  Upvotes: 0  | 

1 Answer(s)

Tanushree Sharma

The granting or refusing loan is under discretionary powers of bank. There is no right of a person that he must get the loan. The bankers have to see many things before granting loan. The consumer courts cannot hear complaints in discretionary matter. Consumer courts have no jurisdiction to entertain such complaint.

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