Legal Question in Banking Law in India

Hi,

I applied for a loan in Fullerton India.The executive convinced me that the loan was approved and he requested 6 cheque leaflets to initiate ECS but i learnt later that my verification process itself was not completed.Finally my loan was rejected Now the executive is not returning my cheque leaflets.He accepted to send it back to me but he didnt. I am afraid if anyone misuses it.Please help me out on my safety measures that can be taken.


Asked on 12/20/10, 8:23 pm

1 Answer from Attorneys

J. Radhakrishnan independent Practice

Issue a demand notice through lawyer. If the Fullerton fails, complain to Reserve Bank of India and also to the consumer forum

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Answered on 12/21/10, 6:41 am


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