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NCDRC Asks ICICI Bank To Recalculate Home Loan EMI, Also Directs ICICI Prudential To Issue Policy

Coming down heavily on ICICI Prudential Life Insurance Co Ltd and ICICI Bank Ltd for denying an insurance policy on a home loan and charging excess interest from the borrower, respectively, the National Consumer Disputes Redressal Commission (NCDRC) upheld decisions of the district and state consumer commission.

NCDRC Asks ICICI Bank To Recalculate Home Loan EMI, Also Directs ICICI Lombard To Issue Policy

Coming down heavily on ICICI Prudential Life Insurance Co Ltd and ICICI Bank Ltd for denying an insurance policy on a home loan and charging excess interest from the borrower, respectively, the National Consumer Disputes Redressal Commission (NCDRC) upheld decisions of the district and state consumer commission.

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