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ICICI Bank Asked To Pay Rs35,000 for Collecting EMIs for Undelivered Jewellery Set Worth Rs1,790

Recovering six equated monthly instalments (EMIs) from a customer for a jewellery set worth Rs1,790, cost ICICI Bank Ltd Rs35,000, excluding an interest of 6%pa (per annum). In an order, the national consumer disputes redressal commission (NCDRC) directed ICICI Bank to pay Rs25,000 compensation and Rs10,000 litigation cost to a customer. ....

Andhra Pradesh , Nilima Jauhari , Inder Jit Singh , Bank To Gift , Bank Ltd Rs , Kaviraj Warehouse , Mutual Fund Returns , Ank Fixed Deposits , Nvestor Returns , Ortfolio Allocation ,

Consumer Cases Weekly Round-Up; 22nd January To 4th February 2024

National Consumer Disputes Redressal Commission National Consumer Commission Holds Raheja Developers Limited for Deficiency in service The National Consumer Disputes Redressal Commission. ....

Andhra Pradesh , West Bengal , New Delhi , Madhya Pradesh , Himachal Pradesh , Bharatkumar Pandya , Sadhna Shanker , Kk Srinivasa Rao , Inder Jit Singh , Kullu Himachal Pradesh , Suresh Kumar Sardana , Subir Kumar Dass , Justiceap Sahi , Sudip Niyogi , Jaya Rama , Rohtak Haryana , Ram Maurya , Sukla Sengupta , B Raja Reddy , Subhash Chandra , Nagender Singh Kadian , Laxmi Narayana Jannu , Kollam Kerala , Divya Jyoti Jaipuriar , C Lakshmi Prasanna , Harpreet Kaur Charya ,

Health Insurance Claim Rejected for Wrong Date of Birth, Suppressing Pre-existing Ailments

In a judgement that would be an eye-opener for health insurance policy buyers, the national consumer disputes redressal commission (NCDRC) rejected a claim due to the wrong date of birth and suppressing of pre-existing ailments while buying the health insurance policy. ....

New Delhi , Vinay Kumar , Inder Jit Singh , Anita Kumar , Supreme Court , Biliary Sciences , Institute Of Liver , Insurance Company Ltd , Star Health , Allied Insurance Company Ltd , Rajasthan Based Anita Kumar , Star Super Surplus , Allied Insurance , Mutual Fund Returns , Ank Fixed Deposits , Nvestor Returns , Ortfolio Allocation ,

Consumer Cases Monthly Digest: January 2024

National Consumer Disputes Redressal Commission National Consumer Commission Holds Raheja Developers Limited for Deficiency in service The National Consumer Disputes Redressal Commission. ....

Uttar Pradesh , Himachal Pradesh , New Delhi , Madhya Pradesh , Jammu And Kashmir , West Bengal , Panipat Haryana , Amrinder Singh Sidhu , Justiceap Sahi , Ram Maurya , Bharatkumar Pandya , Super Nova , Shri Gyarsi Lal Meena , Debasish Nayak , Kannur Kerala , Suresh Kumar Sardana , Shri Sanjay Kumar Khanduja , Ashwani Kumar Mehta , R Jawahar Babu , Rewari Haryana , Vinay Menon , Esanthosh Mathew , Hemanshu Mishra , Justice Inder Singh Mehta , B Raja Reddy , Jind Haryana ,

LIC Asked To Pay Balance of Full Surrender Value as Conveyed to Policyholder

While upholding an order passed by the Punjab state consumer disputes redressal commission, the national consumer disputes redressal commission (NCDRC) directed the Life Insurance Corporation of India (LIC) to pay the balance of Rs99,136 with a 9% interest out of the surrender value of Rs5,78,948 conveyed to the policyholder. ....

Inder Jit Singh , Tasha Kiran , Life Insurance Corporation Of India , Life Insurance Corporation , Punjab Based Asha Kiran , Mutual Fund Returns , Ank Fixed Deposits , Nvestor Returns , Ortfolio Allocation ,