Legal Question in Banking Law in India
Sir,
Sir, If the Bank has debited some amount in my account without my consent , Legally i can claim that amount from the Bank within what time from the date of debit in my account as per the limitation Act. Kindly provide me the Section of the limitation act also under which i can claim my money.
Asked on 9/22/15, 9:04 pm
1 Answer from Attorneys
Fca Prashant Chavan
Expert Edge LLP
23.09.2015
Dear Sir / Madam,
The Bank does not need your consent for debiting charges to your A/c. To highlight, if you have given your Bank a Cheque for issue of a Demand Draft / Pay Order and if your cheque is for the exact amount of the DD / PO, the Bank will debit the charges to your A/c. The Bank will also debit charges charges if your A/c is inoperative for a period exceeding two years.
Regards,
Answered on 9/23/15, 12:20 am
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