LIC Housing Finance asked to pay Rs 10 lakh after losing borrower’s original property papers
LIC Housing Finance must pay Rs 10 lakh compensation for losing a borrower's original property documents after loan repayment. The consumer commission upheld the order, finding the company guilty of deficiency in service. Despite the borrower's repeated requests, the lender failed to return the crucial title deeds, leading to the significant penalty.المصدر: Times of India | Source: Times of India
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This article was originally published by Times of India. Khabr is a licensed Jordanian AI-powered news platform (Registration #82086). We add editorial value through: AI-powered news analysis, automated summaries, AI audio narration, multi-language translation (Arabic, English, French, Turkish), and AI fact-checking. Our mission is to make news more accessible and understandable for Arabic-speaking audiences worldwide.
