How to protect yourself from mis-selling by banks? 7 tips for savvy banking
Customers should be aware of the IRDAI rules and conduct thorough research before purchasing any financial product to avoid mis-selling and protect their interests.
When visiting a bank branch to purchase a financial product, it is essential to understand the various forms of mis-selling that can occur. Mis-selling refers to the unethical practice of selling financial products to customers without providing accurate and complete information about the product, resulting in the customer making ill-informed decisions.