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?

Answers (2)

Team Legistify

  • Sector-1, Noida

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.

Answered on 28 Sep 2018


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Advocate Kishan (Retd. Judge)

  • Malleswaram, Bengaluru
  • Bengaluru

For immediate relief, you may approach the High Court, it will issue a mandatory direction to sanction the loan as the Bank sanctioned loans to the similarly situated persons.

Answered on 28 Sep 2018


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