LIC Housing Finance directed to correct PAN linkage error, pay ₹40,000 compensation to customer in Kalaburagi (opens original article in a new tab)

LIC Housing Finance was ordered to correct a PAN linkage error and pay ₹40,000 compensation to a customer after their CIBIL score was affected.

• LIC Housing Finance's Noida branch linked a customer's PAN to another bank account, affecting their CIBIL score.
• The customer obtained a home loan from LIC HFL in 2021 and cleared it in 2023.
• The District Consumer Disputes Redressal Commission ordered LIC HFL to correct the PAN error and pay ₹40,000 compensation.