Bank of Maharashtra vs Ramprasad Namdev Surve — 203/2025

Case Summary: Bank of Maharashtra v. Ramprasad Namdev Surve and Mahadev Narayan Awchar (203/2025) The court held that respondents owe Bank of Maharashtra Rs. 4,05,767/- for an agricultural loan disbursed on 27/09/2018 under the Maharashtra Kisan Credit Card scheme. While the bank sought 12% interest, the court awarded only 6% per annum interest (instead of the contractual 12%) on the outstanding amount from the date of the suit filing until full repayment, reasoning that agricultural loans should not attract punitive interest rates typically applied to commercial debts. This case analysis is maintained by casestatus.in based on publicly available court records.