Fwd: Querry on Conveyance loan under staff welfare scheme

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Sanjeev Kumar Nayak

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Jan 10, 2015, 3:17:19 AM1/10/15
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---------- Forwarded message ----------
From: Sanjeev Kumar Nayak <uco.s...@gmail.com>
Date: Sat, Jan 10, 2015 at 1:46 PM
Subject: Querry on Conveyance loan under staff welfare scheme
To: Mr A P Jegadish <apjeg...@gmail.com>, Mr Dibash Majumder <dibashm...@gmail.com>, Mr Sanjeev Kumar Nayak <uco.s...@gmail.com>, Mr Sankarnarayan <san...@gmail.com>, Mr Swagatam Dash <swagat...@yahoo.co.in>, Mrs Geetha Lakshmi <geetha...@gmail.com>, Mrs REKHA SINGH <rekhasin...@yahoo.co.in>


A staff member has availed conveyance loan for car under staff welfare scheme. The loan is still outstanding. Now the staff member wants to avail conveyance loan for purchase of two wheeler under staff welfare scheme.
My question is: whether the loan can be sanctioned or not ?


Sanjeev Kumar Nayak
Chandigarh

hari prasad panda

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Jan 10, 2015, 6:54:46 AM1/10/15
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NO. But the staff can avail the loan as a public and there will be no benefit. According to my information a staff can avail three vehicle loan in the service carrier. To avail a second loan under the staff vehicle loan , the staff has to clear the earlier loan.

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Sanjeev Kumar Nayak

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Jan 10, 2015, 11:28:29 AM1/10/15
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Mr. Panda,
If you are right, can you quote the circular?
Also please inform me whether the rule is for all the staff members or it differs from zone to zone.
 
Sanjeev Kumar Nayak

Shubhendu Nag

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Jan 13, 2015, 2:23:49 AM1/13/15
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As far as I remember staff can avail second vehicle loan if there is a change of vehicle.
Furthermore this second loan will also be under SWS  provided the previous loan is 4 years old
There is an extensive circular in this regard, unfortunately I do not remember its number.

Regards
Shubhendu

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