Bank debits relief package for auto driver’s home loan due
The Hindu
Hit by the lockdown, Abdul Basheer was struggling to maintain his family
Notwithstanding Chief Minister B.S. Yediyurappa’s direction to commercial banks not to deduct the amount credited to people from weaker sections towards the COVID-19 relief package, a bank here has deducted not only the relief amount, but whatever meagre amount was left in a poor autorickshaw driver’s account towards a housing loan EMI. Abdul Basheer, 49, was among thousands of autorickshaw drivers who lost income following the unofficial lockdown announced by the government since April this year. He had bought a house in Surinje village, near Surathkal about four years ago by availing ₹14 lakh loan from Canara Bank, Baikampady branch, that had an EMI of ₹13,165 and was regular in repayment. Mr. Basheer told The Hindu he inquired with bank personnel last month whether there was any moratorium for EMI repayment as provided last year as his income was severely affected following the unofficial lockdown. The branch manager answered him in the negative but told him he need not worry even if one or two instalments fall due as he was regular in repayment.More Related News