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Today Date : Thursday, April 24, 2025

Plea to regularise Bank Jewel Appraisers

Plea to regularise Bank Jewel Appraisers

Canara Bank Jewel Appraisers Association has requested regularisation of their service.
The state level meeting of the association was held on Saturday in which the association state general secretary S Saravanan, President SS Kaisalam, treasurer R Nandakumar, vice president K Baskaran, and many attended and adopted following resolutions: The commission amount for jewelery appraisal was fixed 14 years ago and has not been increased since then. Now, they get appraisal commission of Rs 200  for jewelery loan up to Rs 5 lakh.
It should be changed as Rs 200 for loan of Rs 40,000 to Rs 1 lakh, Rs 500 for loan of Rs 1 lakh to Rs 3 lakh and Rs 800 for loan of Rs 3 to 5 lakh and Rs 1000 for loan above Rs 5 lakh. 
They should not be forced to do other bank work except jewelery appraisal work. Like other bank employees, they also work from 10 am to 5 pm. After that, customers should not be kept in the bank until 8 am for jewelery appraisal.  
They also need perks, time scale, ID card etc like other staff. Families of appraisers who died due to Corona should be provided adequate compensation. Jewelry Appraisal Panel members should be paid Rs 650 per day in the absence of work. 
After loan repayment the jewel should be handed over to the customer by the bank officers only.
The appraisers should not go to the safe deposit locker and computer room.
In case of misconduct, an inquiry should be conducted by the inquiry committee, comprising one member of the association. 
In the absence of the bank officials, the assessors should not visit the bank and  they should not be forced  to collect debt. 
At present only commission is given for jewelery appraisal according to the loan amount and no other concessions are given. 
So, all Bank Jewelery Appraisers Association across Tamil Nadu and all the members will  send petitions to the Prime Minister and Finance Minister next month insisting on the demand for permanent job.