PUNJAB NATIONAL BANK
RETAIL BANKING DIVISION
HO: 5, SANSAD MARG, NEW DELHI
TEL: 23715042, 23716186.
FAX Nos.- 011-23719092, 23359308
RBD ADV CIR. 30/08 Dated: 03.07.2008
To ALL OFFICES
RETAIL BANKING DIVISION: ADVANCES: CIRCULAR NO: 30
RETAIL LOANS TO VISUALLY CHALLENGED PERSONS
RBI, vide Notification dated 4.6.2008, has, inter alia, advised to ensure that retail loans are invariably offered to the visually challenged persons without any discrimination.
2. It may be noted that a blind person of sound mind is competent to contract, as such there is no legal bar for granting of loans to blind persons. All concerned are, therefore, advised to ensure that retail loans are not denied to the visually impaired persons.
3. As regards the procedure and precautions required to be taken for execution of documents, it is advised that all documents to be executed by the blind persons be witnessed by two witnesses. A declaration be obtained from the witnesses to the effect that the documents have been read over and understood by the blind person in their presence who after understanding the consequences thereof has put his signature in their presence.
4. The other precautions as provided by the Bank for opening of the accounts by the blind persons be also taken care of. In some of the States, documents evidencing creation of mortgage needs to be stamped. In such States, the mortgage deed can be got registered. Further, where the blind person is conversant with Braille language, the documents in the said language may be provided to him/her (optional).
5. All concerned are advised to note the above guidelines for compliance.
DEPUTY GENERAL MANAGER
PUNJAB NATIONAL BANK
ZONAL OFFICE: JAIPUR
(INFORMATION TECHNOLOGY DEPARTMENT)
The Regional Manager/Senior Regional Manager,
Regional Office/Integrated Zonal Office,
Reg: Issuance of ATM/Debit Card to blind persons.
HO: OP&SD vide their letter dated 29.10.2007 have decided as under:
ATM cards to visually challenged persons may be issued considering the merits of each applicant. In such cases, specific request with full justification be sent to OPSD, Head Office, New Delhi for their approval for issuance of card.
You are requested to ensure strict compliance of the same at each CBB centre under your jurisdiction.
SD/-Deputy General Manager
CC: TheSeniorManager,Marketing/Inspection&Audit/Planning&Development Department, Zonal Office, Jaipur for information and necessary action in the matter at the point of need.