Union Bank Fined After Customer Loses Rs 7 Lakh From Savings Account - News Next Live
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Union Bank Fined After Customer Loses Rs 7 Lakh From Savings Account - News Next Live
Union Bank faces a consumer commission order. A customer reported an unauthorised account deduction. Shivamogga commission awarded compensation and interest. A consumer dispute in Shivamogga has resulted in an important order against Union Bank of India after Rs 7 lakh was deducted from a customers savings account without her knowledge. The case involved Julie SP, a resident of Nandini Layout in Shivamogga, who maintained a savings account at th…
Cases of sudden withdrawal of money from consumer accounts are increasing. Even without the consumer doing anything, money is automatically deducted from the account. Similarly, in Tamkur, money was deducted from the account of a consumer, and the Shivamogga Consumer Commission, which conducted an inquiry into the complaint filed challenging this, has imposed a fine on the bank. Find out what the case is
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