Former vigilance court special judge Tara Parasad Rath awarded Bimal Lochan Das the sentence and also slapped a penalty of Rs 1 lakh on him.
The judge also ordered Ranjit Dhir, who took took a loan of Rs 1 lakh from the bank illegally, to undergo rigorous imprisonment for one year and pay fine of Rs 1 lakh for one case and rigorous imprisonment of one year and Rs 10,000 fine in another. The jail terms would run concurrently and in case of default, he would undergo additional jail term of two months.
Dhir did not repay the amount.
On completion of the investigation, the four were named in a charge sheet and faced trial in the court.