Punjab government declares festival interest free loan for fourth class employees

Author(s): City Air NewsChandigarh, October 27, 2013: Punjab Government has declared Rs.7,000 festival interest free loan to its fourth class employees for the year 2013-14. The loan amount would be withdrawn till November 30, 2013 Revealing...

Punjab government declares festival interest free loan for fourth class employees
Author(s): 

Chandigarh, October 27, 2013: Punjab Government has declared Rs.7,000 festival interest free loan to its fourth class employees for the year 2013-14. The loan amount would be withdrawn till November 30, 2013

Revealing this here today a spokesman of the Punjab Government said that a notification has been issued in this regard. He further said that amount of loan would be recovered in seven equal installments and would be recovered from December 2013 salary.

The spokesman further said that only regular fourth class employees would be given loan amount.  “Work Charge employees who had been regularised after five years service completion would also be eligible for loan” added the spokesman. www.cityairnews.com

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Date: 
Sunday, October 27, 2013