Supreme Court · 2024 INSC 162 · Decided 4 March 2024
Rajesh Monga v. Housing Development Finance Corporation Limited & ORS.
- Court
- Supreme Court of India
- Citation
- 2024 INSC 162 · [2024] 3 S.C.R. 1
- Case number
- CIVIL APPEAL No. 1495/2023
- Decided
- 4 March 2024
- Bench
- A.S. BOPANNA, M.M. SUNDRESH (2-judge bench)
- Outcome
- Dismissed
- Case type
- Civil
- Acts & sections cited
- Consumer Protection Act
Headnote
1 : 2024 INSC 162 Rajesh Monga v. Housing Development Finance Corporation Limited & Ors. (Civil Appeal No. 1495 of 2023) 04 March 2024 [A.S. Bopanna* and M.M. Sundresh JJ.] Issue for Consideration Whether an adjustable rate of interest on home loan would apply based only on the rate of loan - Home buyer filed loan application, opting an adjustable rate of interest - Manager of the Bank assured that the rate of interest would be charged based on the Prime Lending Rate of RBI - Loan amount disbursed, and thereafter, the rate of interest was revised from 7.25% pa
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