Katra, June 4: A delegation from the Shrine Board Employees Union today met with the Chief Executive Officer (CEO) of the Shrine Board to express serious concerns over irregularities in loan installment deductions by J&K bank.
During the meeting, the employees alleged that Equated Monthly Installments (EMIs) for loans are being deducted twice in a single month, causing undue financial burden and stress among the staff.
The delegation emphasized that such discrepancies are not only affecting their financial planning but also eroding trust in the banking system tied to their salaries. Highlighting the gravity of the issue, the Union appealed to the Shrine Board administration to take immediate corrective action.
They further urged that if the concerned J&K bank fails to rectify the situation and improve customer service standards, the Board should explore options to shift salary accounts to another bank offering more reliable services and lower interest rates on loans. In response, the CEO gave a patient hearing to the grievances and assured the employees that their concerns will be taken seriously. He emphasized that the welfare of Shrine Board employees is of paramount importance and affirmed that employees will soon be given the option to transfer their salary accounts to a bank of their choice, ensuring greater flexibility and improved service experience.
The meeting concluded on a positive note, with the CEO reiterating the administration’s commitment to protecting the financial interests of its workforce.
