GRO Policy

A Grievance Officer in the context of NBFC (Non-Banking Financial Company) refers to an individual designated by the NBFC to handle and address customer grievances and complaints. NBFCs are financial institutions that offer banking services such as loans, credit facilities, investments, and other financial products, but they are not licensed as full-fledged banks. Their primary objective is to address customer grievances effectively and enhance customer satisfaction within the organization.

The Grievance Officer plays a crucial role in ensuring that customer complaints and concerns are handled effectively and resolved in a timely manner.

  • Receiving and documenting customer grievances
  • Investigating complaints
  • Resolving complaints
  • Providing updates and feedback
  • Compliance and reporting