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OTS scheme of Cooperative banks extended till Nov 15

In the last two month a sum of Rs 5.77 Crore deposited in NPA accounts under the scheme.

Monday 18th October, 2021 | PNS | Dehradun

In view of the good response it is generating and the ongoing festival season, the One Time Settlement Scheme (OTS) for the loan defaulters of the cooperative banks of the state has been extended by the state government till November 15 this year.  

The registrar cooperative, Anand Swarup said that OTS has been extended by one more month. He said that the scheme is getting good response and in the last two months a sum of Rs 5.77 crore has been deposited by  NPA account holders. 

Swarup informed that 579 people had applied in the OTS in which a sum of Rs 14.04 Crore is expected to be deposited. 

Giving details he said that Rs 40.53 lakh by 69 people in Haridwar, Rs 85.81 lakh by 59 persons in Kotdwar, Rs 23.14 Lakh by 26 persons in Dehradun, Rs 4.28 Lakh by 11 in Chamoli, Rs 132.62 lakh by 47 in Tehri, Rs 82.40 Lakh by 53 persons in Uttarkashi, Rs 63.38 lakh by 36 in Almora, Rs 25.43 Lakh by 25 in Nainital, Rs 33.78 Lakh by 3 in Pithoragarh, Rs 1.61 Lakh by five in Udham Singh Nagar and Rs 84.5 lakhs by 15 persons in State Cooperative Bank Haldwani in OTS so far.

The secretary, Cooperatives, R Meenakshi Sundaram said that extension  of date of OTS is good news for those who have not deposited their money in the loan accounts and they should avail the opportunity.

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