Legal Question in Banking Law in India

Credit Card application is denied

Hi, I had applied for the credit card in HSBC bank. but they have decliend my application. i asked them the reason on what basis they have decliend my application. but they refused to share that information. Is it possible to get that information according to RTI Act as i want to know the issue which they had with application.


Asked on 10/16/07, 6:14 am

2 Answers from Attorneys
G. M. Gupta gmguptaandassociates

Re: Credit Card application is denied

well why u are so serious about the HSBC card.

leave it there are so many banks giving cards. i am not sure but u can apply RTI

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Answered on 10/16/07, 10:43 am
Vijay Chandavale Advocate Vijay Chandavale & Associates

Re: Credit Card application is denied

if its policy decision of any bank to issue you or not the same to you. If your creditworthiness not established you can't compel the bank . However if you establish the discrimination in similar cases you can file a suit before Consumer Court

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Answered on 10/29/07, 12:51 pm


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