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The bank will provide simple loans to the employees of the board who have completed two years of service after the signing of the agreement, subject to the bank’s consumer loan guideline-2077, up to a maximum of Rs 15 Lakhs on the recommendation of the board.
The bank is going to invest the loan by maintaining a premium of two percent at the base rate. At present, the base rate of the bank is 5.51 percent. The bank has stated that the salary account of the employees of the board will be operated by the bank. It is believed that after the agreement, both the parties will benefit and make a special contribution to the dignified life of the Board staff.
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The post Karmachari Employee Loan Agreement to Rashtriya Banijya Bank RBB & NEB Board appeared first on SchoolNp.
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