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Kvijay12345 (ss)     26 August 2011

Banking laws for the consumers

Is furnishing the loan details alongwith the copies of the loan relevent documents including the copy of the loan agreement to the consumers after the sanction of the loan , mandatory for the banks and the non banking finance companies ? What is the law for this? In how many days after the sanction of the loan the banks should furnish the copies of those documents to the customers?



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 5 Replies

pratik (self working)     26 August 2011

good question.

Kumar Doab (FIN)     29 August 2011

RBI has issued guidelines on this. Kindly go thru these.

Kvijay12345 (ss)     31 August 2011

kindly let me know which site displays these RBI Guidelines ?

Kvijay12345 (ss)     03 June 2014

Pls let me know about the guidelines issued by RBI regarding this.

Kvijay12345 (ss)     03 June 2014

Pls let me know about the guidelines issued by RBI regarding this.

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