Refuse to increasing limit of my cas credit.?

Question

I have a cash credit A/C with Bank from 10.10.2010. From that time i transact regularly. I request branch manager to increase the limit of my c.c. for that i do ready every paper but now they told me you have 2 wheeler loan at outside but i told them no any 2 wheeler loan available, but they don, t hear anything.

 

Answer 1

Dear Bhagat,

At the outset, let me clarify that this site is designed by a group of senior Banking Professionals to assist Bank Customers at large to provide guidance for resolution of any complain/query/grievance in respect of financial services. This site does not belong to any Bank or a regulator, which may please be noted.

As regards your complaint, I would like to clarify that granting of credit facilities and further enhancements of limits are  considered by banks on merit. If your request has not been considered, the bank may have its own reason. Yes, you have a right to know the reason for not entertaining your request. For this, you may visit the branch and meet with the officials concerned.

Regards

 

J R Mohandas