Website Hosting for Just 20 ForumCoin ~ Advertise on ForumCoin
ForumCoin is an online community where you earn ForumCoin for making posts and for referring other members. You can use the ForumCoin virtual currency to buy and sell goods and services and to exchange for traditional currencies. Find out more!
Questions and discussions related to business, making money online, cryptocurrencies, etc.
Forum rules
Please ensure that all posts contribute positively to the discussion and are quality posts. Any low quality posts will be deleted. Please read "What makes a worthwhile post? before posting. This section is not for questions or topics about Forum Coin and these discussions should instead be posted in our ForumCoin Related Discussions forum. You must not post referral links in this forum.

Re: Government Employees Stand Better Chance Of Availing Loans In Banks!

Postby anil02 » 01 Sep 2019, 11:38

A K Rao wrote:
JASPREET wrote:There is a very old joke in India that we won't prefer any Government School, College, Hospital but if you talk about Job then everyone loves to have a Government Job.


Unfortunately that is very true... everyone wants to have a best place for having the facilities as the Government run organizations are not up to the mark as the people don't work properly there...but when it come to have a job they love it most as they too do can be relaxed and may not work seriously on day to day basis, which is so bad!

Yes this tendency is old one in country. Situation is very bad in education department. It is more serious in rural area. Teacher don't like to come to school to teach. They come once in 15 days only to sign attendance. But in Rajasthan condition is changing, but it is to much slow. Difference in salary is private and government job is also reason that peoples likes government job.
  • 0

anil02
 
Posts: 8,431
Referrals: 3
Reputation: 262
ForumCoin: 599



Re: Government Employees Stand Better Chance Of Availing Loans In Banks!

Postby A K Rao » 01 Sep 2019, 16:18

[quote="riddy09"]I'm not sure in our country. Usually, government employees have low salary thus, can't avail or not qualify in loans in banks. But then, again, there are other ways to make loans using the government agencies that provide loans. Private company employees are mostly the ones who can avail bank loans.[/quote

I don't know you are talking about which country where the employees are getting less salary than the private employees! In India after the recent pay scale the Government employees are much better placed and they are placed better financially!
  • 0

User avatar
A K Rao
 
Posts: 5,840
Location: India
Referrals: 3
Reputation: 681
ForumCoin: 1,168

Re: Government Employees Stand Better Chance Of Availing Loans In Banks!

Postby Abigael » 01 Sep 2019, 16:42

A K Rao wrote:I never had the idea that it is easier for a Government employee to get loan easily even though he is not having sufficient reserve funds with him.

On the contrary for the rich man who is not having any job it becomes bot tough to get loan from bank! I thought since he is a tax payer he can get the loAn easily1

This is just because that the bank attaches the loan of the Government employee to the salary and the equated Monthly Installments are automatically deducted.

Did you know this? Do you justify this?

I have never known this. It is not fair at all. They should consider the tax payers as a priority.
  • 0

Abigael
 
Posts: 11,336
Referrals: 4
Reputation: 405
ForumCoin: 11

Re: Government Employees Stand Better Chance Of Availing Loans In Banks!

Postby Vehlijanta » 03 Sep 2019, 16:40

These unfair things are all very popular in my country where the politicians enjoy power and good compensation and food at very affordable prices.
  • 0

User avatar
Vehlijanta
 
Posts: 31,882
Location: India
Referrals: 3
Reputation: 657
ForumCoin: 4,310

Re: Government Employees Stand Better Chance Of Availing Loans In Banks!

Postby anil02 » 12 Sep 2019, 10:37

A K Rao wrote:
riddy09 wrote:I'm not sure in our country. Usually, government employees have low salary thus, can't avail or not qualify in loans in banks. But then, again, there are other ways to make loans using the government agencies that provide loans. Private company employees are mostly the ones who can avail bank loans.[/quote

I don't know you are talking about which country where the employees are getting less salary than the private employees! In India after the recent pay scale the Government employees are much better placed and they are placed better financially!

It is kidding, that salary of government employee is less than private employee. Government employee is getting much much more than private employee. It is some what right for higher post like MD, CMD.
  • 0

anil02
 
Posts: 8,431
Referrals: 3
Reputation: 262
ForumCoin: 599

Re: Government Employees Stand Better Chance Of Availing Loans In Banks!

Postby Jonas1983 » 12 Sep 2019, 10:46

Banks know that public employees have benefits, depending on their time, this allows the bank a backup in case you do not have how to pay the loan
  • 0

Jonas1983
 
Posts: 73
Reputation: -9
ForumCoin: -14

Re: Government Employees Stand Better Chance Of Availing Loans In Banks!

Postby Ehizzy1 » 10 Jun 2020, 13:08

Yes I think so one of my friend has been given loans countless times due to the fact that he is a government employees I think they should also help the other's private individual needing the loan
  • 0

Ehizzy1
Banned
 
Posts: 511
Reputation: -54
ForumCoin: 332

Previous


Your Ad Here.

Return to Business, Money & Wealth - BMW Forum



Who is online

Users browsing this forum: No registered users and 4 guests

cron
Reputation System ©'