State Bank of India ordered to pay Rs fifteen thousand for unwanted credit card

Vadodara | Thursday | 18th October, 2018

Summary:

However, in a statement sent by bank in October 2002 for his wife’s credit card, they had levied bank charges of Rs 262. The bank even renewed it later and levied annual charge.Dr Anil Pandey, a retired chief medical officer, was offered a free credit card in 2001 even though he had refused it. He wrote to the bank to cancel the credit card in the same month but this was not done.Pandey told court that the bank had said that the card was free. The court upheld his arguments and asked the bank to pay him a compensation of Rs 15,000 for physical and mental torture. In 2002, Pandey’s wife was also issued a supplementary credit card..