(iii) The CRO shall endeavour to resolve or reject the complaint preferably within 15 days, and in exceptional cases, within 30 days from the date of receipt.
(iv) The combined turnaround time for resolution under Level 1 and Level 2 of the grievance redressal process shall not exceed 30 (thirty) days from the date of receipt of the complaint.
(v) Each complaint shall be reviewed on its individual merits. Upon:
(a) Acceptance: A written acknowledgment shall be issued within 3 working days.
(b) Rejection: A written intimation including specific reasons shall be provided within 5 working days.
(vi) Customers must reference their registered email ID, contact number, or relevant identifiers (e.g., application number, sanction/account number, complaint reference number) in all correspondence related to the grievance.
(vii) The CRO holds sufficient authority to make binding decisions and may consult relevant internal departments to facilitate resolution.
(viii) The CRO is expected to act with fairness, impartiality, and professionalism. Where the CRO has been involved in the subject matter of the complaint, an alternate impartial officer shall be designated to handle the case.
(ix) For complaints received via regulatory authorities, a ticketing mechanism is used to document, monitor, and resolve such grievances on an expedited basis.
(x) Anonymous complaints (excluding legitimate whistleblower complaints) shall not be addressed under this Policy.
(xi) The Company reserves the right to either resolve or reject a complaint. In cases of rejection, the reasons shall be communicated to the complainant in writing.