Monday, August 25, 2025
Neindia
  • Home
  • Local
  • Tourism
  • International
  • National
  • Sports
  • Health
  • Article / Featues
  • Video
  • Tender
No Result
View All Result
  • Home
  • Local
  • Tourism
  • International
  • National
  • Sports
  • Health
  • Article / Featues
  • Video
  • Tender
No Result
View All Result
No Result
View All Result
Home Local

Bank Penalized for Unlawful Deduction from Customer’s Account

neindia by neindia
20/03/2025
in Local, Politics
0
neindia logo
0
SHARES
4
VIEWS
Share on FacebookShare on Twitter

Agartala: March 11: Tripura Gramin Bank has been directed to pay ₹15,000 in compensation to a customer, Dr. Paresh Chandra Modak, by the Unakoti District Consumer Protection Court. The ruling follows a case filed by Dr. Modak against the bank for unauthorized deductions from his savings account.

 

READ ALSO

SC Issues Notice on Plea for Immediate Conduct of Overdue Village Committee Elections in Tripura

Nation should know about Tripura’s Mayer Gomon: CM

Dr. Modak, a resident of Dharmanagar and owner of Modak Homeo Clinic, alleged that ₹120 was unlawfully deducted from his account in 2022 and 2023, violating Reserve Bank of India (RBI) regulations. According to Dr. Modak, the deductions occurred without prior notice, as mandated by the RBI. Despite submitting a formal complaint to the bank, no resolution was provided.

 

The issue escalated when the Dharmanagar branch manager cited a new policy, effective from November 7, 2022, that allowed deductions for non-maintenance of the minimum balance. However, the deductions in question occurred in September 2022, before the policy’s implementation, rendering them invalid.

 

Dr. Modak filed a case on December 19, 2023, at the Unakoti District Consumer Protection Court, seeking compensation for the financial loss, related expenses, and mental distress. Representing himself without legal assistance, he claimed ₹20,000 in compensation. The court ruled in his favor, ordering the bank to pay ₹15,000 within two months. Failure to comply will result in an additional 9% daily interest.

 

The incident underscores the importance of vigilance in monitoring bank transactions and adhering to RBI notifications. Dr. Modak urged customers to remain alert to avoid similar occurrences.

Tags: Bank Penalized for Unlawful Deduction from Customer's Account

Related Posts

SC Issues Notice on Plea for Immediate Conduct of Overdue Village Committee Elections in Tripura
Local

SC Issues Notice on Plea for Immediate Conduct of Overdue Village Committee Elections in Tripura

25/08/2025
Nation should know about Tripura’s Mayer Gomon: CM
Local

Nation should know about Tripura’s Mayer Gomon: CM

24/08/2025
Jaishankar Defends Russian Oil Imports; Opposition Calls it a ‘Diplomatic Disaster’
National

Jaishankar Defends Russian Oil Imports; Opposition Calls it a ‘Diplomatic Disaster’

24/08/2025
Passing of Ayodhya Royal Family Head Vimalendra Mohan Pratap Mishra Mourned by PM Modi
National

Passing of Ayodhya Royal Family Head Vimalendra Mohan Pratap Mishra Mourned by PM Modi

24/08/2025
BJP’s Pradeep Bhandari Slams Rahul Gandhi and Tejashwi Yadav Over INDIA Bloc Rift
National

BJP’s Pradeep Bhandari Slams Rahul Gandhi and Tejashwi Yadav Over INDIA Bloc Rift

24/08/2025
Russia Questions Zelensky’s Legitimacy, Signals Openness to Talks Under Conditions
International

Russia Questions Zelensky’s Legitimacy, Signals Openness to Talks Under Conditions

24/08/2025
Next Post
Protests for Roman Script Recognition Disrupt Life in Tripura

Protests for Roman Script Recognition Disrupt Life in Tripura

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

POPULAR NEWS

Tripura University Students Protest Over Exam Results

Tripura University Students Protest Over Exam Results

05/09/2024
UJJAYANTA  PALACE :

UJJAYANTA PALACE :

01/04/2023
“Sesh Belay Tumi” Short Film: A Touching Exploration of Love and Loss Premieres in Digital Platforms

“Sesh Belay Tumi” Short Film: A Touching Exploration of Love and Loss Premieres in Digital Platforms

24/10/2024
12 Maharashtra Officers Promoted to IAS, Revenue Minister Lauds Milestone

12 Maharashtra Officers Promoted to IAS, Revenue Minister Lauds Milestone

14/07/2025
New Short Film and Music Video “Eka E Jibon” Set to Capture Hearts with its Heartfelt Drama and Soulful Music

New Short Film and Music Video “Eka E Jibon” Set to Capture Hearts with its Heartfelt Drama and Soulful Music

30/11/2024

EDITOR'S PICK

Tripura Traffic Department has taken active cases against violators of the law.

Tripura Traffic Department has taken active cases against violators of the law.

07/04/2023
Two days biz conclave in Agartala from February 7

Two days biz conclave in Agartala from February 7

06/02/2025
Tripura to Get Integrated Aquapark in Kailashahar, Boosting Fish Production

Tripura to Get Integrated Aquapark in Kailashahar, Boosting Fish Production

18/05/2025
Cambodia Accuses Thailand of Violating Ceasefire Over Planned Military Action

Cambodia Accuses Thailand of Violating Ceasefire Over Planned Military Action

11/08/2025
  • Home
  • About
  • Trender

© 2024 Neindia

No Result
View All Result
  • Home
  • Local
  • Tourism
  • International
  • National
  • Sports
  • Health
  • Article / Featues
  • Video
  • Tender

© 2024 Neindia