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Shri Piare Lal Garg, Member Shri Jasbir Singh Gill, Member Argued By:- 

      For the appellant       :     None
      For the respondent      :     Sh. N.K. Manchanda, Advocate

JASBIR SINGH GILL (MEMBER)

The appellant/O.P has filed the present appeal against the order dated 11.01.2010 passed by the District Consumer Disputes Redressal Forum, Ferozepur (hereinafter called "the District Forum") in consumer complaint No. 331 of 22.07.2009 vide which the complaint was partly allowed.

13 The perusal will reveal that repayment of housing loan beyond the date of release from services has been permitted. There is an affidavit Ex. R-9 filed by Sh. Jai Shankar Sharma, Manager, PBD, Ferozepur City of SBI Branch in which he has stated that the complainant never sought permission of the bank for repayment of outstanding amount in the above said housing loan account beyond the date of release from the service under the Exit Option Scheme. However in case we go through the scheme, there is no reference that option is to be exercised by the employee under the said policy even if it was so required, no notice has been issued by the O.Ps before deducting the entire outstanding housing loan amount from the pensionery benefits of the complainant. Therefore under that policy, the O.Ps were not entitled to recover the outstanding housing loan amount in from the pensionery benefits of the complainant without his option.