26/07/2022, 3 years ago
Consumer Court directs SBI to waive off a Housing loan of Rs 56.18 lakh
A consumer court in Bengaluru has directed the SBI to waive off the entire outstanding housing loan of Rs 54.09 lakh to be paid by a woman after her husband died of Covid-19. Directing SBI to pay Rs 1 lakh compensation and Rs 20,000 litigation expenses to complainant T Dharani, 36, of Varthur hobli, Bangalore Urban Second Additional District Consumer Disputes Redressal Commission said she suffered financially and mentally due to negligence by the bank. “It amounts to deficiency of service and unfair trade practice by SBI, Whitefield Branch,” the Commission said.