Late remittance of EMI amount to the banks – penal interest should be paid by the Management – BSNLEU writes to the CMD BSNL.

On several occasions, the EMI amount deducted from the salary of the employees is not paid to the bank by the Management on time. Due to this, banks levy penal interest on employees.  BSNLEU has already written to the CMD BSNL on several occasions, demanding that the penal interest on account of late remittance of the EMI amount, should be paid only by the Management and not by the employees. Today, BSNLEU has once again written letter to the CMD BSNL, citing a specific case received from Karnataka circle. BSNLEU has also demanded that, the penal interest should be paid by the BSNL Management in similar cases also.