Archive · 21 May 2025
Commission Fines Customer for False Complaint Against Bank
A man named PH Rajapur took a loan from Canara Bank to buy red chilies.
He couldn't pay back the loan, and the bank labeled his account as 'bad debt'.
Rajapur complained, saying the bank didn't consider the value of his chili stock.
The commission looked into it and found Rajapur hadn't paid warehouse rent, leading to the chilies being sold.
The commission decided the bank was right and fined Rajapur because his complaint was false and meant to trick the bank.
A customer was fined for filing a false complaint against Canara Bank.
PH Rajapur, a red chili trader, took a loan from Canara Bank.
Rajapur's account was classified as a non-performing asset (NPA) due to unpaid installments.
Rajapur claimed the bank wrongly marked his account as NPA without considering the value of his stored red chilies.
The commission found Rajapur hadn't paid rent, leading to the sale of his chili stock.
- Who
- District Consumer Disputes Redressal Commission imposed the fine on PH Rajapur.
- What
- A customer was fined for filing a false complaint.
- When
- Not explicitly mentioned
- Where
- Dharwad
- Why
- The complaint was deemed false and filed with malicious intent to defraud the bank.
- Fine Amount
- Rs 25,000
- Bank Involved
- Canara Bank
- Loan Amount
- Rs 12.9 lakh
- Location
- Annigeri