Legal Question in Banking Law in India
What can be done if the bank is charged us extra chargers for foreclosure charges for loan account ? Is there any law that protects us against this kind of situation?
Asked on 10/21/24, 11:19 pm
1 Answer from Attorneys
J. Radhakrishnan
independent Practice
You first issue a notice to the Chairman/MD of the Bank claiming the reversal of the extra charges and if he does not afford relief, file a complaint to RBI Ombudsman. You can find out the procedure in RBI website
Answered on 10/26/24, 10:05 pm
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