State Bank of India, Nambiyur Branch, Rep by Branch Manager vs R. Periyasamy — 477/2023

The Third Additional District Court heard cross-examination in O.S. No. 477/2023 on February 7, 2026. The court rejected the defendant's arguments regarding the higher interest rate (11.10% instead of 7.5%) and other loan-related claims, finding insufficient documentary evidence and improper calculation of charges. The court dismissed the case, holding that the defendant is not entitled to the excess interest claimed and that only 7.5% interest is recoverable. This case analysis is maintained by casestatus.in based on publicly available court records.