UCO Bank paid widow pension arrears after complaint, court fined it ₹15,000
In short
UCO Bank paid a widow’s pending pension arrears, but a court still fined it ₹15,000. The complaint said the bank did not release the correctly revised family pension even after official letters, branch visits and formal requests.
The case matters because it affects pension payments and shows the bank was penalized despite settling the arrears.
What the reporting says
UCO Bank paid a widow’s pending pension arrears, but a court still imposed a ₹15,000 fine after the complainant said the bank failed to release the correctly revised family pension. The complaint cited multiple official communications from pension-sanctioning authorities, repeated branch visits and formal representations. The case centers on delayed pension payment and the court’s penalty against the bank.
Why it matters
UCO Bank paid the widow’s pending pension arrears, but the court still imposed a ₹15,000 fine. The complaint said pension-sanctioning authorities had sent multiple official communications and that there were repeated branch visits and formal representations before the revised family pension was not released correctly. The matter affects pensioners, bank service standards and compliance around retirement payments.