NEWS & ADVICE : HOME LOANS
Migrants complain against banks' discrimination
By Joseph Samson
Dec 27, 2010
Print    Email    RSS   

Purvanchal Sabha, an association of migrants has lodged a complaint with Reserve Bank of India that they are being discriminated by banks in Punjab. The complaint said that banks have set specific counters for them and also allotted special days and timings when they can come for banking transactions. The major reason cited for this is that other customers do not want to mingle with them.

There are lakhs of migrants who leave home and come for work in far flung areas. They use banks mostly the nationalised ones to send money back home. Banks put their stand saying that special counters have been opened for them so as to help the illiterate folk but migrants are taking the step as bias against them.

However, an official of a SBI branch said, "The migrants do not have any manners, squat on the floor to fill forms, chew tobacco all the time and are at times very dirty." So unofficially, banks try to keep them aside from normal customers for the betterment of business.

Migrant workers mostly prefer to work with State Bank of India. Apart from this, Punjab National Bank, Allahabad Bank, Union Bank of India, UCO bank and Bank of Baroda are some of the other preferred banks.


 


(Comments Posted : 0) Post Your Comments
Show All Comments
COMPARE QUICKLY
 Select a product:
 

CALCULATE QUICKLY
 Select a product:
 

EDITORS' PICKS
Loan against Property: A shoulder to rest...
Make your home loan repayment easier
If the interest rate is same, how do you...
The right age for home loans!
An insight into the era of teaser loans


margine for transport for loan calculation
cani know good score
can i pay my cr bal thrw cbil bcs my cr bal or more...
can I have the my Loan request status ? ref : 604810183
MY HDFC HOME LOAN FILE NO IS 217571497.I WANT TO...
i want an home loan what is the procedure pls guide

NEWS THIS WEEK
Relaxation in policy for better penetration of banking system: D. Subbarao May 25, 2012
Housing Loan Companies see a rise in big ticket loans May 24, 2012
Loan restructuring hitting NPA woes of PSBs farther May 23, 2012
RBI warns against phishing, and spam May 22, 2012
Hit by liquidity, HFCs book slow growth May 18, 2012
News Archive