RADE Legal

Do You Know??

A major relief for bank account holders🙌

Banks always claim that their system is highly secured but as and when an unauthorised transaction took place in any of its consumer bank accounts they simply deny from taking any responsibility.

*Kerala consumer forum* held that "account holder is not duty bound to read each and every message sent by the bank as most of the message received in the odd hours of the night"

It is the duty of the bank to take preventive steps for its customers to save them from unauthorised transaction.

Bank liable if customer loses money due to unauthorised withdrawals from account: Kerala Consumer Court A Consumer court in Kerala recently emphasised that a bank is liable if a customer loses money due to unauthorised transactions from their bank accounts. [Salim