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IDBI Bank
IDBI Bank, originally established in 1964 as the Industrial Development Bank of India, was initially a development finance institution. In 2004, it was converted into a commercial bank, and in 2019, it became a subsidiary of Life Insurance Corporation of India (LIC). Over the years, IDBI Bank has played a crucial role in the economic development of India by providing finance and other services to various industries. Despite its significant contributions, the bank has faced challenges, including issues related to asset quality and financial performance, leading to regulatory interventions and restructuring efforts. Consumer complaints about IDBI Bank often highlight issues related to customer service, such as delays in processing transactions, problems with loan disbursement, and difficulties in resolving grievances. Additionally, there have been reports of discrepancies in account statements and concerns over unauthorised transactions. Customers have expressed dissatisfaction with the responsiveness and efficiency of the bank's support system, indicating a need for improvement in handling customer queries and complaints effectively. Those encountering concerns related to IDBI Bank can use our platform to file consumer complaints. With a commitment to providing exceptional customer service, our team of senior consumer rights lawyers ensures prompt and effective assistance.
Did you know
IDBI Bank's origin is quite unique. Established in 1964 as the Industrial Development Bank of India, it primarily focused on financing industrial projects. In 2003, it transformed into a full-fledged commercial bank, offering a wider range of financial services to individual and corporate customers.
Loss amount between
₹1 - ₹1 lakh
1999
₹1499+gst
What you’ll get
Legal consultation
Drafting legal notice
Email & Chat support
Loss amount between
₹1 Lakh– ₹25 Lakhs
3499
₹2999+gst
What you’ll get
Legal consultation
Drafting legal notice
Email & Chat support
Loss amount between
₹25 Lakh – ₹1 Crore
4999
₹3999+gst
What you’ll get
Legal consultation
Drafting legal notice
Email & Chat support
Loss amount between
Above 1 Crore
9999
₹7999+gst
What you’ll get
Legal consultation
Drafting legal notice
Email & Chat support
Not sure about the packages
If you're still not sure which plan to choose, don't worry. Our lawyers are here there to help. Just reach out to our lawyers today.
Here’s What You Need to Do About Resolving Complaints Online
1. Step 1: Contact customer service, reach out to using phone, email or website
2. Step 2: Communicate the issue, providing details such as booking information, travel dates, and any relevant evidence
3. Step 3: Look into the solution provided by the customer service team
4. Step 4: If you're not satisfied with the initial response we can help you escalate it to the next level.
How to Lodge a Consumer Complaint Against IDBI Bank with Vakilsearch
With the assistance of Vakilsearch, you have the opportunity to request a refund, replacement, or compensation from IDBI Bank . If you find yourself discontented with IDBI Bank , take the step to submit a complaint.
Follow these steps to proceed:
1. Navigate to the ‘File a Consumer Complaint’ page
2. Select the company name as the subject of your complaint, and provide an in-depth account of the issues you've encountered
3. Fill in your personal details and outline the particulars of your grievances
4. Initiate a plea for a refund, replacement, or compensation in relation to the brand
How We Will help you File a Legal Consumer Complaint Against IDBI Bank
1. Step 1: Contact Vakilsearch: Talk to our lawyers to know your legal rights and verify your complaint's legitimacy.
2. Step 2: Explain Your Situation: Describe your issues with this firm, ensuring you provide the necessary evidence and specifics.
3. Step 3: Draft and Send a Legal Notice: We'll draft and dispatch a legal notice on your behalf, and then await the brand's reply.
4. Step 4: Initiate Litigation: If the reply isn't satisfactory, we'll take the matter to consumer court, offering complete support.
Before Initiating a Complaint, Ensure You Complete the Following Procedures
1. First, try resolving the issue through the brand's customer service.
2. Keep a record of all communications, like emails and chats, with their support.
3. Collect and keep essential proofs, including bills, payment confirmations, and relevant photos.
Why Vakilsearch?
Vakilsearch has a track record of helping countless consumers find resolutions. By talking to our wide-ranging legal, social, and business connections, you can voice your concerns and get the solutions you seek.
Legal Network
We can send a legal notice or start a case in the consumer forum on your behalf. Our network is filled with skilled and verified lawyers ready to help.
Social Network
We can help amplify your issues by starting a social media campaign against IDBI Bank, ensuring they take notice.
Business Network
With Vakilsearch, you can quickly get in touch with the right people at IDBI Bank. We have a vast database of companies keen on resolving customer issues.
Not sure about the packages
If you're still not sure which plan to choose, don't worry. Our lawyers are here there to help. Just reach out to our lawyers today.
Understanding Consumer Rights
Industry-Specific Consumer Complaints
Consumer Complaint Procedures & Legal Aspects