Helping Hands🤝

Loan Defaulter Misbehaves with Bank Staff in Varanasi and Tried to Hold them Hostage https://hellobanker.in/loan-defaulter-misbehaves-with-bank-staff-in-varanasi-and-tried-to-hold-them-hostage/

Jai Hind, Revised Dearness Allowance for Bank employees and Retired Bank Employees from Feb 2025 to Jul 2025 – https://youtu.be/k0rn-cZAbkI uploaded in my channel “Explore Yourselves - Banking & Gen Knowledge etc” I kindly request everyone to Like, Subscribe, and Share this with your relatives, friends, and colleagues. Please also leave your valuable suggestions in the comments section. Thank you." 🙏🙏

Staff Welfare Scheme for the Welfare Year 2024-25 - *Ex-gratia and Reimbursement of Education expenses* *incurred by family members in respect of children of staff member dying* *in harness on or after 07.09.2006* Apply before 28.02.2025 HRMS PATH-> Menu->Self Service -> Staff Welfare Scheme -> Ex-gratia claim

*Addressing concerns on High Life insurance Premium for Staff Housing Loans* Dear All, Since revision in norms of staff housing loan, numerous colleagues have approached us with a severe concern regarding exorbitant premium of life insurance coverage. Our staff colleagues especially from senior age group, say 50 and above, needs to shell out heavy amount towards premium which considerably affects their overall fund management of purchasing dream home. Obviously, our officers from lower age group, who are having long tenure at their disposal, also bear the burden of paying hefty lumpsum premium which ultimately hikes their monthly EMI. Taking appropriate cognizance, we have raised the issue to our Esteemed MD& CEO & Executive Director HR and suggested certain measures to ease out the financial burden being caused to the bank staff, irrespective of age group. *It was suggested to explore the route of availing insurance coverage through corporate tie up with cross subsidization arrangements*. We are sanguine that suitable steps will be taken very soon to address the issue in satisfactory manner. *We advise our members to wait for few days as a cross subsidized product will be available very soon*. With warm regards, Nilesh Pawar, General Secretary FBOIOA

*Staff Welfare Scheme for the Welfare Year 2024-25 - Education Benefit Scheme* Apply before 28.02.2025 HRMS PATH-> Menu->Self Service -> Staff Welfare Scheme -> EBS declaration

*Parameter has been relaxed for manual opening of GOLD, KCC & SHG accounts through Finacle.Please advise branches accordingly.*

*HO has informed that Branches can process and sanction retail loan proposals in CAPS for today as E-Platform not working.*

*Canteen Expenses Reimbursement of Rs. 1500/- for Year 2024-25 is made available in HRMS.* Apply before 28.02.2025 HRMS PATH-> Menu->Self Service -> Staff Welfare Scheme ->Canteen Expenses Claim