GMOA writes to President over unfair charges imposed by Banks

GMOA writes to President over unfair charges imposed by Banks

The Government Medical Officers Association (GMOA) has called on President Gotabaya Rajapaksa to remove certain unfair charges imposed by banks when settling loans.

Issuing a statement, the GMOA pointed out that certain banks were imposing a fine for the early settlement of loans.

The GMOA further said the banks were also charging an interest rate for those settling pending loans at an earlier date.

Therefore, the GMOA called on the President to eliminate the ‘Early settlement fee” and to reduce the interest rates charged during the early settlement of loans.