In a recent verdict, the District Consumer Disputes Redressal Commission-I, U.T. Chandigarh, has delivered a significant judgment in Consumer Complaint No. CC/576/2020, wherein the complainants, Mohd. Irfan, Mohd. Farhan, Mohd. Sultan, and Khursheeda Begum, residents of Govind Pura, Mani Majra, UT, Chandigarh, took on DCB Bank Ltd. The commission, comprising President Pawanjit Singh, Member Surjeet Kaur, and Member Suresh Kumar Sardana, ruled on the case on January 18, 2024.
The complainants had applied for a Business Loan at the Mohali Branch of DCB Bank Limited on December 28, 2019, securing approval for a substantial amount of Rs.66,20,000/-. However, their ordeal began when the…
Read More…
Source: https://lawtrend.in/consumer-commission-rules-against-dcb-bank-for-unfair-practices-in-loan-dispute/