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​National Consumer Disputes Redressal Commission (NCDRC) has ordered HDFC Bank to pay Rs 5 lakh as accidental death insurance cover to the son of its deceased customer. The deceased had a savings bank account with HDFC Bank and also an debit card. This debit card came with an accidental death insurance cover which is payable to the nominee of the debit card holder upon the cardholder's accidental death. from Personal Finance News-Wealth-Economic Times https://ift.tt/EFlATRD via IFTTT

The total number of grievances lodged against all life insurers in India decreased from 1,54,826 in 2021-22 to 1,27,378 in 2022-23, as per the report. Grievances against private sector life insurers increased from 40,624 in 2021-22 to 45,884 in 2022-23. from Personal Finance News-Wealth-Economic Times https://ift.tt/I7Y3Gx9 via IFTTT

IndusInd Bank claims to be the first bank in India to launch a corporate credit card on unified payment interface (UPI) network. This card can also be used for linking with an supporting UPI app and also offers both domestic and international airport lounge benefits. Check here for details about this RuPay credit card. from Personal Finance News-Wealth-Economic Times https://ift.tt/4980HVr via IFTTT

State run UCO Bank was ordered to pay Rs 10 lakh compensation to a customer who maintained a bank locker in the bank's Civil Lines, Allahabad branch. What happened was thieves broke into the bank's branch and looted the contents of several lockers. Finding deficiency in service, NCDRC has ordered UCO Bank to pay Rs 10 lakh as compensation to the victim whose locker was looted. from Personal Finance News-Wealth-Economic Times https://ift.tt/0GQORKv via IFTTT

A higher surrender value on nonpar policies, which guarantee survival or maturity benefit without depending on insurers’ profit, could lead to an increase in more people giving up on policies prematurely, according to the insurers. This could result in a decline in persistence levels — or the proportion of policyholders who opt to pay premiums regularly — for the life insurance sector, according to them. from Personal Finance News-Wealth-Economic Times https://ift.tt/bqy8T3d via IFTTT

​National Consumer Disputes Redressal Commission (NCDRC) has directed state run lender Canara Bank to pay Rs 9,09,288 to an non-resident Indian person due to deficiency in service and indulging in unfair trade practices. It is noteworthy that the NRI first filed a case in State Consumer Commission and then to NCDRC. from Personal Finance News-Wealth-Economic Times https://ift.tt/VvTzi27 via IFTTT

Are you hoping to find your soulmate in 2024? The quest for true love is an age-old pursuit that can be incredibly rewarding and  yet, super frustrating.  But, the good news is, today technology and changing social norms offer new opportunities in finding your perfect match!  You just need to know how to do it. … The post How to Find Your Soulmate in 2024 appeared first on Love in 90 Days . Love in 90 Days - Dating Tips, Relationship Advice from Love in 90 Days https://ift.tt/AGzJ2dM via IFTTT

Navigate the best financial tips for NRI returning home for an easy transition! From savvy NRI banking strategies to seamless financial transitions, ensure a secure and prosperous homecoming. Don't miss these must-know insights! from Personal Finance News-Wealth-Economic Times https://ift.tt/lz7fBMr via IFTTT

The high court, in a recent verdict, underlined that “neither the legislature nor the traditional Hindu law in any way limits the right of a woman to be a karta. Also, societal perceptions cannot be a reason to deny the rights expressly conferred by legislature.” from Personal Finance News-Wealth-Economic Times https://ift.tt/vjw14CD via IFTTT

The limits of UPI transactions for payments made to hospitals and educational institutes have been raised by five times from Rs 1 lakh to Rs. 5 lakh per transaction, enabling consumers to make higher amounts of UPI payments for education and healthcare purposes. from Personal Finance News-Wealth-Economic Times https://ift.tt/ZyG9FN5 via IFTTT

The Indian Banks Association (IBA) has filed a proposal about the adoption of a five-day workweek to the Finance Ministry, according to a number of news sites. from Personal Finance News-Wealth-Economic Times https://ift.tt/XyCpdkI via IFTTT

Banks including State Bank of India (SBI) and Canara Bank are debiting insurance premiums for Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJY) for life insurance, Pradhan Mantri Suraksha Bima Yojana (PMSBY) for accident insurance without obtaining prior consent from customers, the complaints on social media platform X read. All you need to know from Personal Finance News-Wealth-Economic Times https://ift.tt/XkDdyo1 via IFTTT