Friday, October 14, 2011

Employees’ Housing Loan - the Maharally effect

    The effect of Maharally on 12.10.11 at Yogakshem by NOINO/NOIW has begun to tell. The management issued a circular yesterday i.e. on 13.10.11(dated back as 11.10.11 for obvious reasons) that one more final option is being given to the employees to convert their past loans to Employees Housing Loan scheme. The option is to be exercised by 31.12.11. There are some problems in this circular too(which we will take up) as the onus seems to be solely on the employee himself for everything, but at least about two months period has been given to convert these loans. The circular reference is CO/L&HPF/736/2011-12.
    NOINO/NOIW will continue to follow-up the pending issues.

2 comments:

  1. Dear Mr. Kohliji, Secr., NOINO Chandigarh,

    This is really a great achievement. I can understand, it requires a lot of pains and persuasion to get such jobs done and that too at the earliest possible.

    I am proud of NOINO. Please convey my thanks and regards to higher leadership.

    Regards

    J K Raina
    Branch Manager,CAB, Chandigarh

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  2. SIR,
    CONVERSION OF LOAN IS A MUST FOR THE LEFT OUTS, BUT WHAT ABOUT REFUND OF EXCESS INTEREST WE ARE PAYING SINCE JULY 2010 (WHEN WE CONVERTED THE LOAN FROM HFL TO STAFF SCHEME). WHEN CAN WE EXPECT THE REFUND??

    NITIN JAMBEKAR
    ABM(S), 87F, VADODARA

    ReplyDelete