Gold loan jewellery stolen from bank? Consumer court ruling explains your compensation rights

A Karnataka consumer commission has ruled that if gold jewellery pledged for a loan is stolen from a bank, the lender must compensate for the gold value, making charges and stone value. Canara Bank was ordered to pay ₹88,362 with 9% interest, plus compensation.
Read more at the source

Disclaimer: The content of this post is sourced from external sites and is for informational purposes only. All rights and credits belong to the original authors and publishers.