P.N. Kashalkar, Presiding Member—Being aggrieved by the judgment and award passed by District Consumer Disputes Redressal Forum, Satara in consumer complaint No. 127/2005 decided on 29/06/2006 whereby while allowing the complaint party against opponent No.1, the District Consumer Disputes Redressal Forum directed opponent No.1/State Bank of India, Branch Waduj, District Satara to pay to the complainant a sum of Rs. 17,500/- with interest @9%p.a. from 04/08/2005 and also directed to pay Rs. 2,500/- for mental harassment and cost of Rs. 1,000/-. As such, State Bank of India has filed this appeal.

2. The facts to the extent material may be stated as under:-

The complainant-Sarjerao Shitaram Khade had filed consumer complaint alleging deficiency in service on the part of State Bank of India and New India Assurance Co. Ltd. According to the complainant he had taken a loan from the State Bank of India/opponent No.1 for purchasing two cows. He had taken loan of Rs. 30,000/-. He accordingly purchased cows and took insurance cover from opponent No. 2/New India Assurance Co. Ltd. The premium amount was required to be paid by opponent No.1to opponent No.2 and amount so paid to the In