ORDER :

Leave granted.

2. This appeal is directed against an order passed by the National Consumer Disputes Redressal Commission (in short "the National Commission") dated 29.09.2014 dismissing the Revision Petition filed by the appellant bank. The Commission held that the Revision Petition is disposed of with an order that upto 30.11.2006, the bank was entitled to charge interest at Floating Reference Rate (FRR) per annum minus 1.5% per annum, whereas w.e.f. 01.12.2006, the bank would charge interest @ 8.75% per annum, irrespective of any increase or decrease in the FRR. The said order was passed by the National Commission on the following facts :-

(a) The complainants/respondents herein availed home loan to the extent of Rs. 13,35,100/- from the appellant bank for purchase of a flat in Zirakpur. The loan was sanctioned vide letter dated 14.11.2005 and it carried an interest @ 7.25% per annum. Later, it was confirmed by the bank that w.e.f. April, 2006 the loan would carry an interest @ 7.75% per annum.

(b) It was further case of the complainants/respondents that an additional loan of Rs. 3,00,000/- was sanctioned on 30.10.2006 with an obligation to pay interest @ 8.75% per annum. The