Reverse Mortgage

[Shrinivas Parkar]

Retirees Association appears to have excellent & cordial relations with Bank Management. Retirees Associations have developed such relations by adopting policy of not litigating for cause of retirees, taking very mild stand for grievances of retirees etc. I request Retirees Association that by using these cordial relations with Bank Management, Retirees Association may put demand of Reverse Mortgage for Bank Retirees from their respective Bank, at concessional simple interest of 4%. Just like Banks offer housing loan at concessional rate to working staff as welfare measure, Banks may offer this Reverse Mortgage at concessional rate to their retired staff.

[natarajan pv]

Very good suggestion Sir.

Reverse mortgage loans for retirees.

 ROI at par with  staff housing loan. 

THANKS AND REGARDS,

P.V.NATARAJAN.‌
9445021712.

On Wed, Sep 11, 2019 at 10:02, Shrinivas Parkar

<sppar...@gmail.com> wrote:

Retirees Association appears to have excellent & cordial relations with Bank Management. Retirees Associations have developed such relations by adopting policy of not litigating for cause of retirees, taking very mild stand for grievances of retirees etc. I request Retirees Association that by using these cordial relations with Bank Management, Retirees Association may put demand of Reverse Mortgage for Bank Retirees from their respective Bank, at concessional simple interest of 4%. Just like Banks offer housing loan at concessional rate to working staff as welfare measure, Banks may offer this Reverse Mortgage at concessional rate to their retired staff.

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[Srirama Murti]

dear  Shri Parkar Sir,

while your suggestion is laudable, let us be serious about the pending grievances of our retierees/pensioners.

For God's sake,let us not deviate from the path of finding solution to our problems. I sincerely feel that some

persons from retirees' associations are causing rift amongst us.there will be hurdles from the so called

retiree associations. l am member of this blog for so many years before new entrants of this blog. I have

aired my views so many times on our problems. then no one took seriously the matters. the Time is running fast. Let us 

cooperate each other. the idea of approaching Courts to give instruction to Banks for starting dialogue with retirees'

associations is appreciable.

I wholeheartedly congratulate Shri C.N.Prasad garu and his Commune members and Shri DS Murthy garu 

for their fighting spirit. that spirit is "srirama raksha" for all of us.

I fully endorse the views of Shri Debasis Mukherjee and other members of this Blog for educating us on

various issues of our Bank Retirees/Pensioners.

-S.S.R.Murthy,ex-canbank,svrs-2001

(Singampalli Sri Rama Murthy)

mobile ph: +919391147762

On Wednesday, 11 September, 2019, 10:02:21 am IST, Shrinivas Parkar <sppar...@gmail.com> wrote:

Retirees Association appears to have excellent & cordial relations with Bank Management. Retirees Associations have developed such relations by adopting policy of not litigating for cause of retirees, taking very mild stand for grievances of retirees etc. I request Retirees Association that by using these cordial relations with Bank Management, Retirees Association may put demand of Reverse Mortgage for Bank Retirees from their respective Bank, at concessional simple interest of 4%. Just like Banks offer housing loan at concessional rate to working staff as welfare measure, Banks may offer this Reverse Mortgage at concessional rate to their retired staff.

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