hello friends,
i am pasting a text of the said circular of pnb for general interest. the
address and other communication details are already mentioned in the text of
the circular.
here it is:
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
RBD Dated: 03.07.2008
TO ALL OFFICES
RETAIL BANKING DIVISION: ADVANCES: CIRCULAR NO: 30
RETAIL LOANS TO VISUALLY CHALLENGED PERSONS
1. 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.
SD/-
(SC BITHAL)
DEPUTY GENERAL MANAGER
