ORDER

K.S. Chaudhari, Presiding Member - This revision petition has been filed by the Petitioner/OP against the impugned order dated 13.10.2011 passed by the learned State Consumer Disputes Redressal Commission, UT Chandigarh (in short, the State Commission ) in Appeal No. 154 of 2011 Krishan Lal Juneja v. Standard Chartered Bank by which, while allowing appeal, set aside order of dismissal of complaint passed by District Forum and directed OP to refund Rs. 2,52,574.53 along with compensation of Rs. 30,000.

2. Brief facts of the case are that Complainant/Respondent along with his son and daughter-in-law obtained loan of Rs. 60,00,000 from OP/Petitioner. Subsequently, due to higher rate of interest, the complainant decided to make premature payment. OP agreed to the request of the complainant for premature payment, but vide letter dated 9.9.2010, OP demanded Rs. 2,52,574.53, as prepayment charges. Complainant under protest deposited the aforesaid amount along with due loan amount and closed the account. Complainant, alleging deficiency on the part of OP, filed complaint for refund of pre-payment charges along with compensation. OP filed reply and submitted that complainant accepted al