Legal Question in Banking Law in India
My loan EMI check bounced due to signature mismatch.I am quite sure that there is nothing wrong with the signature and now i have been charged both by the bank and the housing finance for check bounce in spite of having money in my account.How can I deal this ? Whom to approach ?
Asked on 7/25/12, 12:08 am
1 Answer from Attorneys
J. Radhakrishnan
independent Practice
Issue notice to Chairman of the Bank to give you t he necessary relief. If he does not afford any redress, file a complaint to the Banking Ombudsman of the Region concerned. The address and manner of filing complaint to banking ombudsman can be ascertained from RBI website.
Answered on 7/25/12, 7:55 pm
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