- Dues of 11 crores, the district bank will strictly recover the loan
Wardha. Due to non-receipt of their amount to the capital holders in the District Central Co-operative Bank, many families have come under financial crisis, as soon as the recovery is being done, relief is being given to the concerned families. It has been decided to strictly recover the debt from 465 teachers of the district. An amount of about 11 crores will be recovered from the concerned teachers, otherwise they have made up their mind to take legal action against them. Before 2012, the salary of teachers and professors of various schools and colleges of the district was from the district bank, at that time about 4 thousand teachers had a savings account in the bank, these teachers had raised money from the bank in the form of overdraft and facility loan. .
4,000 teachers took a loan of 50 crores
Four thousand teachers had taken a loan of about 50 crores, some paid their loan on time, till now 39 crores have been recovered, but some teachers did not pay the loan amount and interest amount towards the district bank in 2012. Due to the bankruptcy of the district bank, the bank came into financial trouble, during which many did not pay the bank loan, on the same lines, the teachers thought that there was no need to pay the loan, and told the bank to defy it, but now against these loan holder teachers, the teachers of the bank Administrator has decided to take strict action
Action will be taken against 189 teachers
Legal action is being taken against the teachers who have sunk the concerned debts, for this, cases are being registered in the Tehsil Co-Registrar’s office, not only this, action will be taken against both the borrower and the guarantor, there is information about 465 teachers against the co-registrar. The process of registering has been started. So far, proposals have been prepared against 189 teachers, after registering all the cases on behalf of the Tehsil Co-ordinator, the process of legal action against them is being told in the last phase.
Number of indebted teachers in tehsils
otherwise the property will be confiscated
RRC certificate will be obtained for recovery of debt from the concerned, after which the loan will be recovered strictly, strict action will be taken against those who will not pay the loan. Not only this, his local and immovable property will be auctioned, it was also told.
pay off debt
Pay your debt to avoid debtor teacher action. The family of the deceased teacher will be given 50 percent interest in interest, while other teachers will be given 2 percent interest on paying the loan amount together, the teacher should take advantage of this.
-Sanjay Korde, Administrator, District Bank