ilmscore | Prediction Details
By Groww | January 7, 2026 | Correct
Interpreted Prediction
RBI rules mandate banks to return loan documents within 30 days of loan closure.
AI Evaluation Notes
The prediction states that RBI rules mandate banks to return loan documents within 30 days of loan closure. According to the RBI's Master Direction on Know Your Customer (KYC) Directions, 2016 (updated as of December 7, 2023), banks are required to return all the original movable documents/ papers or release charge over immovable property within 30 days after full repayment of the loan.

Prediction Details

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