SBI debits Rs 19.9 lakh for late spouse’s loan, freezes salary account despite not part of the debt; High
- Posted on September 19, 2026
- By Business News Today
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SBI debits Rs 19.9 lakh for late spouse’s loan, freezes salary account despite not part of the debt; High
Allahabad High Court has ordered SBI to refund Rs 19.9 lakh after the bank used a widows fixed deposit to recover her late husbands personal loan. The court also awarded Rs 1 lakh compensation, after finding that the woman was not a party to the loan and SBI had no legal basis to directly debit her account.
