The District Consumer Grievances Redressal Commission has ordered ICIC Lombard Insurance Company to pay Rs 15.6 lakh as compensation to a woman and her daughter. Prashant Shanbhag, a resident of Sarswatpur in Dharwad, had an insurance policy on his two-wheeler with conditions for compensation in case of his death in an accident. The commission decreed that the claimants were eligible for compensation and ordered the insurance company to pay the claimants Rs 15 lakh along with interest, compensation for inconvenience, and court expenses.
Dharwad: The District Consumer Grievances Redressal Commission has imposed a fine of Rs 35,000 on the Daivajna Co-Operative Credit Society, Dharwad fo.
Bank of Baroda’s Dharwad branch has been ordered to pay a compensation of Rs 50,000 and court expenses of Rs 10,000 for refusing to pay the fixed deposit amount after maturity. The bank has also been directed to pay the deposit amount of Rs 15,635 and the interest of Rs 22,299 within a month.
The District Consumer Disputes Redressal Commission has ordered Life Insurance Corporation of India (LIC) to pay Rs 6 lakh to two policy holders. Get the latest updates on this case.