Daijiworld Media Network - Udupi (JD)
Udupi, Jan 6: A consumer court has fined Bank of Baroda, Manipal branch, to pay Rs 44,397 for transferring loan amount from the customer’s current account without permission.
Asha Shenoy, the complainant, had her current account and loan account at Bank of Baroda Manipal branch. The bank, without the permission of the customer, had debited the amount from her current account and transferred it to the loan account. Due to this, a cheque bounced which she had issued in some other loan issue.
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Asha had filed a suit in the consumer court. The court has ordered the bank to pay fine for transferring the money from the customer’s current account without the permission of the customer.