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Once the bills are clear, they can settle the loan in easy EMIs.
The Dakshina Kannada District Consumer Disputes’ Redressal Commission recently directed Tata Capital Housing Finance Limited to pay ₹75,822 penalty with 8% interest to a city doctor for deducting two EMIs before disbursal of the loan amount.
This first-of-its-kind facility enhances affordability of lakhs of the Bank's customers as they can now instantly buy products or services just by scanning the required merchant QR code at a store and making payments in EMIs.