Banking Ombudsman Scheme, 2006 | RBI Complaint Mechanism | Objective, Procedure & Award Explained

Описание: Notes on Banking Law: https://teachmelegal.com/product/3512/

📘 In this lecture, Adv. Prashant Jha explains the Banking Ombudsman Scheme, 2006 — one of the most important topics under Banking Law and RBI Regulations.

🔍 What You’ll Learn:
1️⃣ Introduction & Objective of the Scheme
2️⃣ Establishment and Powers of the Banking Ombudsman
3️⃣ Grounds of Complaint – Deposits, Loans, ATM, Credit/Debit Cards, and Digital Banking Issues
4️⃣ Procedure for Filing Complaint
5️⃣ Award, Compensation, and Appeal Process
6️⃣ Role of RBI and Importance of Customer Protection

🏦 The Banking Ombudsman Scheme was introduced by the Reserve Bank of India (RBI) to help customers get quick and free redressal of banking complaints without going to court.

📚 Based on:
• Banking Ombudsman Scheme, 2006 (Amended up to July 2017)
• Issued under Section 35A of the Banking Regulation Act, 1949

📚 Perfect for: Law students, UPSC aspirants, judicial exams, banking exam candidates, and anyone interested in cyber law or financial regulations.

📌 Useful for:
• Law Students (LLB, LLM)
• Judiciary, UPSC, UGC NET, AIBE & Competitive Exams
• Banking & Compliance Professionals
• Anyone interested in understanding RBI’s consumer protection mechanism.
• Banking & Finance Aspirants


🌟 About Teachmelegal

Welcome to Teachmelegal – India’s trusted platform for law education, legal notes, and exam guidance.
We create easy-to-understand law lectures, detailed notes, case law explanations, and exam-focused content for:
• 🎓 Law Students (LLB, BA-LLB, BBA-LLB)
• 📚 Judiciary Aspirants (Civil Judge, APO, ADPO, etc.)
• 🎯 CLAT, UPSC Law Optional, NET JRF, AIBE & Other Competitive Exams
• ⚖️ Professionals who want to refresh their legal knowledge

At Teachmelegal, our mission is to make complex legal concepts simple, practical, and exam-ready.

👉 Don’t forget to Like, Share, and Subscribe to stay updated with our latest law lectures.
📌 Comment below your doubts, and we’ll try to cover them in future videos!

📂 Playlist:

Banking Law:    • Banking Law  



Download Notes/Book/Questions Bank/Revision Chart : https://teachmelegal.com/courses/
Download Subject wise Notes: https://linktr.ee/lawyerprashant

🔗 My Official Links

📘Teachmelegal
Website:- https://teachmelegal.com
App: https://play.google.com/store/apps/de...
E-mail: [email protected]
Telegram: https://t.me/teachmelegal
WhatsApp: http://wa.me/919472568264
Instagram: https://www.instagram.com/teachmelega...


👨‍⚖️Adv. Prashant Jha
E-mail: [email protected]
Telegram: https://t.me/lawyerprashant
WhatsApp: http://wa.me/919472568264
Instagram:   / lawyer_prashant  
LinkedIn :   / lawyerprashant  

Have Questions or Suggestions? Drop them in the comments!

#bankinglaw #banking #ombudsman #rbi