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NAB's bill for overcharging home loan customers tops $8m

Misa Han

NAB will need to fork out more than $8 million for overcharging interest on more than 6500 home loan customers over seven years.

In 2017 NAB had to refund $1.7 million to nearly 1000 home loan customers after it failed to properly set up mortgage offset accounts.

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Misa Han writes on news and business from our Sydney newsroom. Connect with Misa on Twitter. Email Misa at misa.han@afr.com.au

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    Original URL: https://www.afr.com/companies/financial-services/nab-s-bill-for-overcharging-home-loan-customers-tops-8m-20190607-p51vld