Signal Desk · Economy

Consumer commission orders UCO Bank to pay widow Rs 15,000

2026-11-06 · 2 sources · Mint Money

In short

A Chandigarh consumer commission told UCO Bank to pay a widow Rs 15,000. It said the bank delayed revising her family pension and that caused hardship and mental harassment.

What the reporting says

A Chandigarh consumer commission ordered UCO Bank to pay a widow Rs 15,000 after finding that the bank’s delay in revising her family pension amounted to deficiency in service. The commission said the later payment of arrears did not remove the hardship and mental harassment caused by the delay. The ruling focuses on the bank’s handling of pension revision and the compensation awarded.

Why it matters

The Chandigarh consumer commission found UCO Bank liable for delaying revision of a widow’s family pension and ordered compensation of Rs 15,000. The commission also said later arrears payment did not erase the hardship and mental harassment caused. The case is relevant to bank service standards, consumer complaints, and pension handling by lenders.

Touches: UCO Bank, Banking, Government

Sources