The commission directed the bank to refund the deducted EMI to the complainant with interest and pay him Rs 1 lakh as compensation for deficiency in service and mental and physical trauma within 60 days from receipt of the order.
Additionally, the bank has been ordered to pay Rs 10,000 towards the cost of litigation and clear the CIBIL record related to the complaint.
Additionally, the bank has been ordered to pay Rs 10,000 towards the cost of litigation and clear the CIBIL record related to the complaint.
Consumer panel directs IDFC Bank to pay Rs 1 lakh to man for deducting EMI for loan he didn't avail - The Economic Times
A consumer commission in Mumbai has instructed IDFC Bank to compensate a resident of Navi Mumbai with Rs 1 lakh. The bank wrongly deducted EMIs for a loan he never took. The commission ordered the bank to refund the deducted EMIs with interest and provide the compensation for deficient service...
m.economictimes.com
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