Legal Question in Banking Law in India
Personal Loan
I got a personal loan fron Citi bank, as a DD in favour of my ICICI account. but the Draft was bounced. DD has been returned unpaid due to reason 'Amount in words and figures do not match''.
And most stupid part they were deducted 1st EMI from my account, without the DD clearance.
to go to a consumer court to solve the issue.
Asked on 8/11/06, 6:21 am
2 Answers from Attorneys
BANKIMCHANDRA SHAH ADVOCATE
DIGVIJAYA CONSULTANCY SERVICES
Re: Personal Loan
Collect more details and approach consumer court immediately with the help of a good lawyer.
Answered on 8/12/06, 2:26 pm
Jitendra Kumar
Kumar Pandey & Co.
Re: Personal Loan
Yes,you will have to go to Consumer Court.
Answered on 8/12/06, 1:03 am
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