If life certificate is not submitted by pensioner, before stopping pension, it is the duty of bank to visit the house of pensioner and know the reason for it. Writt Petition No. 405/23 Karnataka HC. If life certificate is not submitted by pensioner, before stopping pension, it is the duty of bank to visit the house of pensioner and know the reason for it. Court ordered payment of arrears, and imposed fine of ₹. One lakh on respondents
Payment is to be made in two weeks, with 6 percent interest. and if not made in 2 weeks, then at the rate of 18 percent interest.
click: 04.11.203 Karnataka on DLC