A recent press report said that a scheme of home loans for state government employees, a joint initiative of the state government and Central Bank of India has been launched. Mr. Nitish Kumar, Chief Minister of Bihar who spoke at the function organised for the launch said that if the bankers fully cooperate, then corruption could be checked to a great extent in the state and the dream of economic prosperity would be achieved. He also handed over loan cheques to 10 employees.
He said the loan facility extended by the Central Bank of India would benefit the government employees as they would get an opportunity to build their own houses. He congratulated the bank’s executive director, R K Dubey, who was also present on the occasion.
The CM said apart from this scheme, the government’s own loan scheme would also continue, under which a loan of up to Rs 7.5 lakh is offered. The employees could now take a home loan of up to Rs 30 lakh from the bank and EMIs would be deducted from their salary every month.