Pay penal interest for the belated remittance of bank dues – BSNLEU writes to the CMD BSNL.

Deduction is being made from the salaries of employees towards repayment of bank loan and interest. However, these deductions are not being remitted to the banks on time. As a result, banks levy penal interest on employees. Thus, employees are being harassed, for no fault of theirs. Time and again, BSNLEU has taken up this issue with the CMD BSNL. However, bank authorities continue to impose penal interest on employees, towards default in the remittance of bank dues. Hence, BSNLEU has once again written to the CMD BSNL, demanding to immediately pay the penal interest, so that employees are not harassed by the bank authorities.