THE GENERAL MANAGER Vs. RAJAN K.C.
KERALA STATE CONSUMER DISPUTES REDRESSAL COMMISSION
The General Manager
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(1.) THE appellants are the opposite
parties/State Bank of Travancore in O.P.61/2004 in the file of CDRF,
Malappuram. The appellants are under orders to refund a sum of Rs.7,159/ -
with interest at 10% per annum from the date of the complaint till
(2.) THE case of the complainant is that he had availed a housing loan of Rs.3,60,000/ - from the opposite parties and that he repaid the
entire amount on 19.12.2003. On repayment the opposite parties levied a
sum of Rs.7,159/ - as pre -closing charges. It is contended that the above
charge for pre -closing loan is illegal and has sought for refund of the
same. It is the contention of the opposite parties that the pre -closure
charges was levied as per the terms and conditions of the loan agreement.
(3.) THE evidence adduced consisted of the proof affidavit of the respective parties; Exts. A1 to A3 and Exts.B1.
The Forum has relied on the decision of Karnataka CDR in M. Anees -Ur -Rahman and others v. Jammu and Kashmir Bank Ltd. and others1,
Karnataka held that the realization of pre -closure charges amounted to
deficiency in service.;
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