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There are 1151 entries available on

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MR SUBIR KUMAR BHAUMIK wrote at 21-08-2014 7:44 am:

 GUEST HOUSE AT KOLKATA
PLEASE INFORM ME IS THERE ANY GUEST HOUSE HAS AT KOLKATA FOR OUR PENSIONERS IF HAS THEN PLEASE INFORM ME THE FULL PARTICULARS OF IT .
 

Arpita S. Kulkarni wrote at 18-08-2014 4:39 pm:

 staff suggestion scheme
I want to know if there is any suggestion scheme for pensioners, just as there is a staff suggestion scheme on SBI Times. I am sure pensioners with there vast experience and knowledge will be able to give valuable suggestions and aid in the working of the Bank. And these suggestions should be available to the working staff.
 

Hans Raj Singla wrote at 18-08-2014 8:33 am:

 circular on ceiling of expenses to retired SBI employees
please arrange to send circular on ceiling of expenses to retired SBI employees
 

Hans Raj Singla wrote at 18-08-2014 8:31 am:

 circular on ceiling of medical expenses to retd. sbi employees
please arrange to issue circular on ceiling of medical expenses reimbursible to retd. sbi employees.
 

Raghunathan.T wrote at 17-08-2014 2:01 pm:

 Comments
Dear Admin,
We miss your meaningfull comments.
 
Comment: Dear Mr Raghunathan,
Sincere apologies. The System Administrator is engaged in conducting Aarohan training programmes for SBI employees. Some posts have been responded to while some other posts have not yet been attended to. Please bear with us.

A.V.Menon wrote at 16-08-2014 2:52 pm:

 100% DA NEUTRALISATION TO PRE-2002 PENSIONERS
During the 10th bps discussions, it was revealed that IBA was awaiting approval of GOI on the above. If that be the case, appeals filed by 3 banks against the judgement of the Chennai High Court have become meaningless and need to be withdrawn.
 

Rohit Sharma wrote at 15-08-2014 2:58 pm:

 7th BP Retirees pension issues.
1. How come all of a sudden no news about the developments of 7th B.p.V.R.S pensioner's interest is being conveyed as it was being done before. Why has Mr. salil Gosh and others who were much aware of the latest development do not post their information for the benefit of us as they did so earlier. At least the news even in bits did enhance our spirit to live. Save Our Souls. This is alarming. How long would we suffer due to legal entanglements and that in the first place such complexities should not have arisen as when the V.R.S. was given it was pointed out the basic pension is pre-revised. When will this condition be fulfilled ?
 

R.Parthasarathy wrote at 13-08-2014 8:04 am:

 7th BP Retirees pension issues.
The Federation may treat the issue as one which will benefit only a particular group. It is understandable. But this group has suffered the worst. Maybe, this is the only group of pensioners getting pension on the basic pay fixed in the previous settlement. They will suffer more losses in case 100 percent DA neutralisation is offered with effect from May 2005. The one silver lining was the Calcutta High Court judgement. But, we do not even know what is happening there. Mr.Salil Ghosh is not writing in this website. We request him and the Federation to let us all know the present position.
 

N.Subramanian (Website) wrote at 09-08-2014 8:06 am:

 7th BP Retirees pension issues.
It is with reference to Shri T.V Jayakrishnan's post regarding the developments taking place on pension issues. In the case of 7th BP retirees the major grievances relate to fixation of pension on 7th BP Scale and DA neutrlization and whether these 2 issues are going to be solved? If these 2 things are not addressed and solved now the benefits accruing to the 7th BP pensioners will be very minimal. UFBA is a rep body of all PSU banks and in noway they are concerned with grievances of SBI retirees in as much as their fixation of pension has been on the basis of the respective scales of pay and no upper ceiling of Rs 4250/ or Rs 4800/ has been fixed as in our case for pre 2002 retirees. UFBU will not represent this issue and unless it is revised upwards the pension settlement will not be of any use and will not serve any purpose.Our PENFED has to take up the issue with the SBI Mgmt and Govt/IBA effectively for removal of the basic anomoly.
 

Jayakrishnan T V wrote at 09-08-2014 2:30 am:

 POSTED IN SBI PENSIONERS' ASSOCIATION-MUMBAI CIRCLE-WEBSITE

We are extremely sorry to inform the members

a sad demise of Shri. Eknath Thakur

our beloved Leader of State Bank Officers’ community and the Guiding Force

on 7th August 2014. We pray GOD -

“MAY HIS SOUL REST IN EATERNAL PEACE”
 
Comment: We are saddened by this news. We offer our heartfelt condolence to the bereaved family members. The late Eknath Thakur will be remembered for his deeds.

Jayakrishnan T V wrote at 08-08-2014 9:44 pm:

 BANK PENSIONERS CONCERNS AND SBI 7TH BIPARTITE PENSIONERS -PENSION UPDATION
According to AIBRF Circular (2014/102 Date: 04.08.2014), General Secretary Mr.Y.Sudarshan informed many development about 10th Bipartite Talks. Regarding pensioners issues, he informed (i) Another good thing being seen in this settlement is that retirees
issues are being addressed simultaneously along with the employees
issues. As you know, UFBU has in earlier round of talks raised important
demands of retirees namely 100 percent of DA to pre-November, 2002
retirees, improvement in family pension, updation of pension. IBA has
also positively responded on them and we hope these demands will be
resolved in this settlement. Our issues have received the required
attention and they have come in focus. (ii)We hope and are confident to large extent that in the current settlement
the exercise of updation of basic pension will be carried out for the past
retirees. (iii) We also expect and demand
suitable increase in basic pension after the merger of DA at 4440 points.
At 4440 the merger of DA slabs will be as under for different categories of
retirees. (iv) In this exercise , there may not be much additional financial benefits to
the past retirees immediately, but it will surely increase DA component
significantly in future and past retirees will come at par with the current
retirees as far DA rates are concerned. It will be significant achievement
for past retirees and good protection against the future inflation. (v)We understand that group medical scheme for the employees are being
discussed and the same may be offered to the retirees too.

WE DO SINCERELY WISH AND HOPE THAT BANK PENSIONERS' GRIEVANCES ARE ADDRESSED.

HOPE THAT GRIEVANCES OF 7th BIPARTITE RETIREES OF SBI WILL ALSO RECEIVE THEIR LEGITIMATE DUES AT THE EARLIEST POSSIBLE TIME
 
Comment: Dear Shri Jayakrishnan,

We fully agree with your views. We too hope that the 10th Bipartite settlement will bring relief to the pensioners. But so far, the UFBU talks have not progressed well. We have not lost hope. As far as 7th Bipartite retirees are concerned, we strongly feel that the injustice done to them, must be corrected at the earliest.

Jayakrishnan T V wrote at 08-08-2014 7:52 pm:

 COMPASSIONATE GROUND APPOINTMENT
Though delayed, approval of the above scheme is a welcome sign and a great relief to the "unfortunate few". Let us await for the details.
 

Mahesh Jha wrote at 08-08-2014 12:14 pm:

 Medical benefits to all pensioners
The talk of medical benefits to all pensioners refers only to the retirees who have completed 30 years of service.Even demands have been made from the Bank to universalise these benefits even for exit optees or those retired under VRS, who have completed 30 years of service. This 30 year rider is discriminatory to the exit and VRS optees with less than 30 years of service at the time of exit.This group should also be included in the list because these optees also need medical care and attention of the bank after putting in 25 plus years of service.As and when, this benefit is extended to all retirees, the relatively younger lot may kindly not be discriminated against.
 
Comment: Dear Mr Jha,
You are right. There should not be any discrimination among different types of pensioners. If a former employee has been recognized as a pensioner, all the benefits available to pensioners, must also be made available to him or her, irrespective of how he had retired or resigned from the bank. This is one of the major demands of our Association and Federation.

V k Arora wrote at 06-08-2014 12:10 pm:

 7th BP Pensioners
I am repeating my earlier message /views.Is it not surprising that while calculating Family pension 30% is taken on prevailing basic pay. But the real pensioners are given on the previous scale. family pension is given on the basis of service rendered by us and we are denied pension on our retirement scale. FUNNY. This simple logic does not fit in the wisdom of the persons who are sitting on the issue.
 
Comment: Dear Mr Arora,
You are absolutely right about this highly anomalous situation, This is true for the severely affected 7th Bipartite retirees, numbering over 30,000 all over the country. It is for this that the Federation has sought legal recourse for rectification of such anomalies.

Ashok Roy wrote at 03-08-2014 2:40 pm:

 Second Innings
No file of second Innings is available?
 
Comment: Dear Ashok,
Please go to the page "Second Innings magazine", and you will find soft copies of the magazines (Oct to Dec 2013 and Jan to Mar 2014). over there. You may view or download.

Rohit Sharma wrote at 02-08-2014 6:34 pm:

 7th B.P. V.R.S.
1. There is no updates of the court cases in connection with the issue of the 7th B.P. V.R.S. pensioners.

2. i am missing the response especially from Shri Sujoy Gosh who used to respond to such inquires.
 

Sudhir Suman Kumaria (Chandigarh Circle) wrote at 31-07-2014 6:12 pm:

 DA Chart & Pensioners’ Mail for the month of Aug. 2014‏ to Feb. 2015
We have uploaded the following files, which you can be view/download from SBI Pensioners’ Association (Chandigarh Circle) official website: http://www.sbipensionerschd.com/

1. DA Chart of Dearness Relief Payable To Bank’s Pensioners for the period August 201 to February 2015.
2. Chandigarh Circles’ Monthly Bulletin Pensioners’ Mail for the month of August 2014.

Sudhir Suman Kumaria
On behalf of General Secretary, SBI Pensioners’ Association (Chandigarh Circle)
 
Comment: Dear Sudhir,
Thanks once again. We complement you on the excellent work done being done in your website. We have a lot to learn from you.

Bidyut Bhusan Sengupta wrote at 29-07-2014 11:17 pm:

 meweting on 27th July
SBI Pensioners'Association Krishnagar Unit arranged Blood Donation Camp,Health Check Up
Programme ,Sit & draw Competetion for Children along with SBI Saktinagar Brnach in assistance with Baruipara Welare Organisation on 27th July,2014. Sri Dipak Basu , Vice-President SBIPA (BengalCircle),Zonal Secretary,Sri Tarun Biswas other Zonal committee members attended the programme. On the same day General Meeting of SBIPA Krishnagar Unit was also held on SBI Krishnagar Branch Premises. About 90 pensioners attended the meeting. more than 10 members raised the question on different issues . Mainly it was organised for interaction . The Secretary Bidyut Sengupta answered the question on local issues. Sri Dipak Basu was the main spokesman and satisfied the members by answering their questions. The meeting continued for more than 5 hrs. Zonal secretary,Tarun Biswas also took participation in the discussion.Zonal Committee members also attended the meeting. The Meeting was very successful for the purpose it was called for.
 
Comment: Dear Bidyut,
Sorry for the delayed response. Thanks a lot for your report, on the basis of which we have uploaded our report on the meeting at Krishnanagar Branch, quite some time back. Please keep in touch.

R.Viswanathan wrote at 29-07-2014 3:33 pm:

 Income tax recovered from pensioners
In State Bank of India, the HRM is deducting Income Tax for the past 3 months. It is very astonishing to note that I.T. was recovered from June month pension amount. Why they are doing even after the announcement of I.T.slab raised to
Rs.3 lacs in respect of senior citizens?
 

N Subramanian (Website) wrote at 29-07-2014 8:25 am:

 pension issue.
Considerable time has elapsed since the new Govt has been sworn in,submission of joint memorandum to the Finance Ministry.appeal to our Chair Person etc. but nothing seem to have happened on our pension issue. Atleast a few words on the further steps being taken or contemplated by our PENSIONERS FEDERATION to bring the issue to an end may be posted in this site to give some solace to the long waiting retirees.
 

Rohit Sharma. wrote at 29-07-2014 8:24 am:

 7th B.P. V.R.S.
1. Sometimes it looks like that the employers in hand in gloves with the government bureaucrats are systemically and strategically inducing genocide of the pensioners for the reasons that who if paid their dues will cost the employers a huge sum and therefore delaying the suit matters will almost kill all the 7th B.P. pensioners and that too the award staff category.
 

R.Parthasarathy wrote at 29-07-2014 8:10 am:

 Divide and rule policy
We always create divisions among people by thinking the robotic way. A General Manager, a scale II offical or an award staff member did during his working life what the present employee of the same level did. Retirement is an issue beyond his control. It is illogical to give as pension amounts on the basis of dates of retirement. The disparity is huge. When the government has recognised this reality by introducing pension updation for its employees, it should not treat other retirees as an inferior class. It should do justice to all without discrimnation.
 

PANCHU GOPAL GHOSH wrote at 26-07-2014 5:22 pm:

 membership number
I HHAVE NOT GOT MY MEMBERSHIP CARD AS YET
 
Comment: Dear Shri Ghosh,
We do not have a system of issuing membership cards to our members. You may contact our office for your receipt & membership number.

A.R.KRISHNASAMY wrote at 23-07-2014 8:48 pm:

 medical benefits
Extension of medical benefits to Voluntary retired officials (more than 30years of service)
 

R PARTHASARATHY wrote at 23-07-2014 7:49 am:

 Legal system in our country
Transfer petition, serving notice,orders will be passed, if not served -- this legal jargon only confounds the already weak legal delivery. There is no big logic in always trying to serve notice by registered post in this digital era. The legal fraternity should try to deliver justice and not focus only on the time consuming processes.
 

Shripad Gudi wrote at 22-07-2014 12:56 pm:

 Transfer Petition filed by the Bank before the Hon. Supreme Court
Petition filed by the Bank to transfer the cases now before the Hon. HC Madras in respect of 7th B.P. Pensioners and to club them with the Petition filed by the Federation was last heard on 18th July 2014 and adjourned to 22.9.2014. Text of the order "In all these matters, the served respondents shall be at liberty to file the
counter affidavit within a period of six weeks.
The learned counsel for the petitioners in each petition shall take fresh steps
for the service of notice to the unserved respondents within a period of three weeks
failing which appropriate orders shall follow on the next date.
Signature Not Verified
Digitally signed by Madhu Grover."
 

A.A. Godbole wrote at 19-07-2014 9:58 am:

 Medical Facilities to retirees .
Bank should extend medical facilities to employees who retire after 30 years of service. Many woman employees retire after 30 years of service due to health problems or for looking after grand children etc. The number of woman employees who can work up to the age of 60 is comparatively less.
 

SUHAS SHINGNE wrote at 16-07-2014 1:03 pm:

 PAN AND FORM 16
PLEASE CONVEY ME MAIL ID OF CSPPC KOLKATTA AND THEIR CONTACT NUMBERS
 

Shishir Kar (Website) wrote at 15-07-2014 3:20 pm:

 IInd Innings
Dear Shri S M Vairagade
Please send mail to dgm.ppg@sbi.co.in and attach whatever materials you want to subscribe to the 2nd Innings. Are you from Raipur, then you should know me.

Regards
Shishir Kar
Mob 7389143065
 

T.Raghunathan. wrote at 15-07-2014 1:56 pm:

 Fire at S B I Chennai
Perhaps,it was sheer luck or the fact that the spread of fire had been slow that there were no casualties or even none injured.The management announced that furniture and old files have been lost.
All data related to customers had a real time back-up .
 

sudhir madhukar vairagade wrote at 15-07-2014 12:57 pm:

 contribution to second inning magzine
I want to contribute in the next issue sketches drawn by me.Let me know on which page should i upload.

vairagade
 

T.Raghunathan. wrote at 14-07-2014 3:34 pm:

 Fire at S B I ,Chennai.
Saturday a major fire broke out in the 200 years old mejestic heritage building which once housed erstwhile Bank Of Madras,Imperial Bank Of India, S B I Madras L H O and S B I Madras Main Br.causing extensive damage to the structure.From hear only our S B I Pensioner,s Association (Chennai Circle) office is functioning.

Can anybody from Chennai explain the further developments after the unfortunate accident?
 
Comment: Dear Mr Raghunathan,
We are very sorry and shocked to hear aboit the accident. It hasnt been mentioned in the media. Were there any casualties or major loss ?

Ashutosh Saha (Website) wrote at 12-07-2014 8:03 pm:

 value of website of pensioners
canIt is my great pleasure to appreciate the value of this website presently living in Kuala Lampur leaving India last December. Honestly speaking . I open the website almost daily >Thanbk you very much SBI Pensioners Association Bengal Circle
 
Comment: Dear Asutosh,
We are very happy to receive such appreciation and encouragement. Do keep in touch.

ANIL K SAXENA wrote at 10-07-2014 8:46 am:

 Holiday home
New holiday home at Chennai
Can any one , provide me the New address, telephone number of Holiday Home at Chennai, as I came to know that the Holiday home, at Chennai has been shifted from Triplicane to some other place in a Hotel.Pl send a mail to saxenaak273@yahoo.co.in
 

ANIL K SAXENA wrote at 10-07-2014 6:49 am:

 New holiday home at Chennai
Can any one , provide me the New address, telephone number of Holiday Home at Chennai, as I came to know that the Holiday home, at Chennai has been shifted from Triplicane to some other place in a Hotel.
 

P.V.S.Sarma wrote at 07-07-2014 10:34 pm:

 Revision of Pension for V.R.S Optees Pending in Supreme Court Latest Position Extention of Medical Benefits upto 7 Lacs for V.R.S. optees
Thank U for Ur efforts in fighting the case reg. revision of Basic for V.R.S. optees through Supreme Court.
In the meanwhile,why can't you press our Management for enhancement of medical benefits upto 7 lacs as is being done for regular retirees. Why the partiality for V.R.S. retiirees
Can you pl.reply to my E Mail address stated above.
Thanking your early action with favourable reply
Sarmapvs
 

R PARTHASARATHY wrote at 07-07-2014 8:47 am:

 Another development
The belowmentioned message is quoted from the LIC Pensioners' Forum. It is a good development favouring senior citizens:quote:

Dear Sir
Please go through the text of mail received as below about a Separate Supreme Court Bench to hear Cases filed by Sr. Citizens.
Regards
VK BHASIN
100% DA Case


Civil Appeal 8420-21/2013 filed by Sri Kasthurirangan & Others

One Member from Hydrabad informs that wef 1/7/2014, the Supreme Court has formed a separate Bench for hearing the Cases of Senior Citizens and he has forecast the above Appeal may be listed during Sept-Oct.
Lawyers handling the above Case have not yet received any information on the date of Listing. The Terminal List/Advance List/Cause List of the SC also does not bear the Case number to corroborate this view. Though the Appellants are Super-Senior Pensioners, the Case is always categorized as "SERVICE MATTERS" at all Courts causing inordinate delay in getting Justice accelerating anguish in the minds of thousands of elderly Pensioners who retired before 1/11/2002. However, it is gathered the Banks have been issued Notice.
Any further developments will be updated as soon as we receive the News!

(Transfer Petition filed by SBI for transferring WPs/WAs of SBI Pensioners at Madras High Court has been posted in the Supreme Court for hearing on 18/7/2014).

Posted by Gangadharan PG at 7/06/2014 07:45:00 PM
 

Sudhir Suman Kumaria (Chandigarh Circle) wrote at 06-07-2014 3:19 pm:

 Cleaning material
SURESH CHHATRE wrote at 05-07-2014 11:07 pm:

As per Bank's instructions:-CO LETTER PA:CIR:58 31.10.94

Since the official has retired from Bank's service, supply of newspapers will stop on retirement. However, since cleaning materials and reimbursement of casual labour charges are made for maintenance of the Bank's property provided in the flat / house, these may be continued, as usual.
 

SURESH CHHATRE wrote at 05-07-2014 11:07 pm:

 clinsing material

one of my recetly retired friend retained his querter with approval for two months , can he claim his clensing material and labor charges for these two months
 

N. J. CHAVAN VICE PRESEDENT SBI PENSTIONERS ASSOCTION PUNE UNIT KOLHAPUR wrote at 04-07-2014 9:04 pm:

 latest publications
I AM VERY THANKFUL FOR THE SBI PENSTIONERS ASSOCTION CHANDHIGARH AS THEY IMMEDEATIALY INFORM WHAT EVER NEW PUBLICATIONS RELEASESUCH AS SECOND INNINGS MONTHLY PERIODICALS WELL DONE KEEP IT UP
 
Comment: Dear Mr Chavan,
You have voiced the feelings of pensioners all over the country. Congrats to Chandigarh Circle Association.

Sudhir Suman Kumaria (Chandigarh Circle) wrote at 04-07-2014 2:32 pm:

 IInd Innings Jan-Mar-2014
We have uploaded the IInd Innings Jan-Mar-2014, which you can download from SBI Pensioners’ Association (Chandigarh Circle) official website:
http://www.sbipensionerschd.com/
 

TNR Nair wrote at 04-07-2014 1:04 pm:

 Mobile fraudsters
Thank you, S S Kumaria, for the useful information on mobile fraudsters.
 

S.S.Ghosh (Website) wrote at 04-07-2014 8:57 am:

 Public Interest
Thank u Mr.Sudhir Suman Kumaria (Chandigarh Circle)
We have one online matrimonial AD-website named marriagepaper.com, we have about 3000 advertiser. We shall intimate all advertiser having email.
 

Sudhir Suman Kumaria (Chandigarh Circle) wrote at 03-07-2014 10:33 pm:

 MUST SHARE AS SOON AS POSSIBLE
Please pass around the message to your family and friends !!!
MUST SHARE AS SOON AS POSSIBLE

People have been receiving calls from +375602605281, +37127913091 or any number starting from +375, +371 number one ring & hang up. If you call back it's one of those Numbers that are charged 15-30$ & they can copy your contact list in 3sec & if you have bank or credit card details on your phone, they can copy that too, +375 is from Belarus From Afghanistan 371 is code for Lativa...

Don't answer or call back. Please FORWARD AND SHARE this to your friends and family

ANOTHER VERY IMP. MSG.. Don't Press #90 or #09 on Mobile No...

Please take care IF SOME ONE ASKS YOU TO DIAL #09 or #90.
Please Do Not Dial This When Asked.

Please circulate URGENTLY.

If you receive a phone call on your Mobile from any person saying that they are checking your mobile line, & you have to press #90 or #09 or any other number end this
call immediately without pressing any numbers.

There is a fraud company using a device that once you press #90 or #09 ; they can access your SIM card and make calls at our expense.


(From :- SBI ELDERS VOICE JUNE 2014)
 

R PARTHASARATHY wrote at 02-07-2014 8:13 am:

 Pensioners
The LIC Pensioners' Forum has this interesting information.Quote:
Founder member and Patron of RIEA, Bhopal Shri S V Jejurikar, who has been in close contact of Shri Arun Jaitley for last several years, sought permission to have a personal meeting on 29th June ‘14. was fixed. It was informed by the Personal Accordingly Shri Pramod Bhatnagar, Jt. Secy RIEA Bhopal joined him.

On 29th June, 2014 Shri S V Jejurkar and Shri Pramod Bhatnagr met Shri Arun Jaitley at 1-45 PM. After exchange of greetings and some personal information Shri Jejurikar unfolded the envelope and immediately Shri Jaitley asked whether it is LIC pensioners’ representation. Shri Jejurikar asserted and handed over the representation and informed him about the twin issues of DR Anomaly and Pension Updation, LIC Board Resolution, Consecutive Court decisions in favour of the pensioners and still no relief to the hapless retired employees who contributed their best to build this mighty organisation as they are embroiled in SC on one or the other pretext by LIC. Shri Jejurikar urged for an early and favourable solution of the dual grievances by kind intervention of Hon’ble Finance Minister. Shri Jailtley gave a patient hearing and took some notings on the representation. He assured that he will collect the details of the issues from the department (Finance Ministry) and take up the matter with the Chairman, LIC. If necessary, he would invite representatives of LIC pensioners also. unquote. It is very clear that the FM is aware of the issues faced by pensioners in the financial sector. Let us hope for the best.
.
 

R PARTHASARATHY wrote at 01-07-2014 8:43 am:

 SBI Pensioners
Sir,

It will be helpful if we are informed about the present status of the Cacutta High Court case with respect to the revision of basic pension for the 7th bipartite pensioners of SBI. In case the Division Bench gives us a favourable verdict, the Bank and the present Government may not go in appeal. The issue will be settled once and for all. We request for an update from Nr.Sujoy Ghosh.
 

Sudhir Suman Kumaria (Chandigarh Circle) wrote at 30-06-2014 9:11 pm:

 Pensioners’ Mail July-2014
We have uploaded pdf file of Chandigarh Circles’ Monthly Bulletin Pensioners’ Mail for the month of July 2014.

Which you can download from SBI Pensioners’ Association (Chandigarh Circle) official website: http://www.sbipensionerschd.com/
 

Shyama Shankar Ghosh wrote at 30-06-2014 12:47 pm:

 Car Loan
Sir,

Pl let me know what is the rate of interest and total time period for car loan to pensioner?
Is there any circular for car loan to retired pensioner of SBI ? I am 60+ (21.9.1953)
 

N.Subramanian (Website) wrote at 29-06-2014 5:03 pm:

 Pensioners' loan
Sir What is the interest rate charged on the demand loan granted to us by way of demand loan recovered EMI ? The interest rate appears to be high.
 

P K GOPALAKRISHNAN (Website) wrote at 27-06-2014 11:32 am:

 Eduction Loan - Retired Staff
Dear Sir,
Apropos the letter appearing in your website I wish to inform the writter
that when I represented the issue in my own case in 2009 CGM of Kerala Circle turned down my request for concessional interest rate on ETL Retd Staff on the plea that Bank wnts to discourage retired employees from availing loans of any kind.Pension is paid for comfortable living of employee and spouse.By aviling loans instalments have to be paid out of pension amount.As such the employee has suffered much by way of heavy deductions and loan recoveries while in servicce.In the interest of the retired employee it is better not to avail further loans for wards in their life's fag end. Hence the strict rule by hte Bank not to extend any concessionary interest to retired staff for loan. Strange indded
P K Gopalakrishn
Retd SBI Officer
Kerala Circle
 
Comment: Dear Mr. Gopalakrishnan,
You are right that it is very unfair to pensioners, when Bank treats us differently from the serving employees, specially in regard to loans, interest rates, etc.

Let us hope and strive to remove these glaring anomalies.

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