Mumbai Consumer Commission Orders ICICI Entities To Pay ₹77,777 Over Excess Home-Loan Insurance Premium
Mumbai, September 30, 2026: The District Consumer Disputes Redressal Commission, Mumbai Suburban, has held ICICI Bank Ltd, ICICI Home Finance Company Ltd and ICICI Prudential Life Insurance Company Ltd guilty of deficiency in service and unfair trade practice for charging a home-loan insurance premium on the sanctioned loan amount instead of the amount actually disbursed to borrowers. In its…
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