SBI penalised for sending payments to man regardless of bank card’s expiry

The discussion board famous that the corporate had blacklisted him within the CIBIL system of the wilful defaulters maintained by the RBI, which resulted within the rejection of his purposes for bank cards from one other financial institution the place he had maintained common account for almost 20 years.
“This Fee is of the view that the SBI Playing cards & Funds Providers Pvt. Ltd. has been poor in offering providers to the complainant and although the harm/loss occasioned to the complainant by way of credit standing can’t be measured by way of cash but punitive harm must be awarded towards OP (reverse occasion) subsequently, OP is directed to compensate the complainant by paying a sum of Rs 2 lakh as compensation inside two months from the date of this order failing which the sum payable could be Rs 3 lakh,” the discussion board mentioned.
The discussion board handed the order on Could 20 on Anthony’s criticism in search of compensation, claiming that he had requested the corporate to cancel his card in April 2016 a lot earlier than its expiry and to not renew it.
He didn’t use the cardboard for any transaction after April 9, 2016 and had destroyed the cardboard in keeping with guidelines, he mentioned, including that no fee was due at the moment on the cardboard.
In September, the complainant obtained a letter from the corporate in regards to the cancellation of his card, nevertheless, the corporate continued to ship payments regarding the cardboard ignoring his protest e-mails, he mentioned.
The payments have been to the tune of Rs 2,946 by Could 18, 2017 inclusive of late fee expenses and penalty, he mentioned.
He acknowledged that in the identical letter, the corporate had warned him to pay the invoice in any other case it might “have adversarial affect on the credit score historical past as maintained by the credit score Bureau and should hamper future credit score requirement”.
The corporate additional blacklisted him within the CIBIL system of the wilful defaulters maintained by RBI and he had bother in getting loans or bank card.
Throughout the argument, the corporate had denied the allegations.
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