Attention SBI, HDFC, Axis, ICICI & Other Credit Card Users: Check New IRDAI Guidelines For Loan Payment
The Insurance Regulatory and Development Authority of India (IRDAI) has decided to stop the facility of re-payment of loans taken against Life Insurance policies through credit cards. The IRDAI is a statutory body under the jurisdiction of Ministry of Finance, Government of India and is tasked with regulating and licensing the insurance and re-insurance industries in India. -- aaa