Terminated teachers of Tripura express concern over increasing interest rate on EMI
A delegation of the 10,323 terminated teachers on Monday visited the Tripura Gramin Bank head office in Abhoynagar to meet the general manager to seek relief from the increasing interest rate on Equated Monthly Instalment (EMI) and loans.
However, since no one was available during their visit, the delegation had sought another appointment with the general manager.
While speaking to media persons, one of the terminated teachers, Dalai Das said, over 75 per cent of the terminated teachers have borrowed loans from banks but cannot pay the EMIs since April last.
She added the bank had frozen many accounts because of non-payment of EMI in time.
She said that due to the termination, the teachers would not be able to repay their loan on time and has sought an extension from the bank authorities.
The terminated teachers have also sought the state government's intervention so that they can get some relief at least till the time they find other alternatives.