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Bank sends Rs 33 lakh notice 10 years after credit card closure, consumer wins Rs 5 lakh
Economy
Published on 24 April 2026
A closed card resurfaced after a decade—harassment followed
A consumer who had closed his credit card and received confirmation was shocked to receive a legal demand notice for Rs 33 lakh nearly a decade later. After the bank allegedly kept harassing him, he approached the Karnataka State Consumer Commission. The panel ruled the bank engaged in unfair trade practices and ordered compensation of Rs 5 lakh.
- Credit card closure confirmation came, but Rs 33 lakh demand arrived after 10 years
- Consumer complained over continued harassment by the bank
- Karnataka State Consumer Commission found unfair trade practices
- Bank ordered to pay Rs 5 lakh compensation
Read the full story at The Economic Times
This summarization was done by Beige for a story published on 
The Economic Times