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Friday, December 04, 2015

'BANK NEWS'

Dear all,

IBA have informed all the banks that they have requested the United India Insurance Co. to allow a grace period of three months to retirees who could not give their consent on or before 31/10/2015 (last date for submission of consent letter to our bank) to join the Scheme, subject to payment of full year premium by the concerned retirees, which will be considered by them, at the specific recommendations of the Bank and on the merit of each case.

In view of the above, we request all of you to inform the above provision to all our colleagues who could not lodge their consent letter to join the Scheme to submit their applications within three months from 01/11/2015 by clarifying the reasons for not submitting the consent letters to the Bank before the stipulated date i.e. 31/10/2015.

Regards,

R.K. Powar, GS, UBRA, Maharashtra
Asst. General Manager(Retired)
Union Bank Of India