The Bihar government has successfully hired nearly 2 lakh teachers for government-run schools. While this bodes well for the socio-economic development of the state, it also provides an opportunity for lenders to engage with potential borrowers who align closely with their selection criteria.
These recently appointed teachers belong to the age group of 20-42 years and shall be starting, or may already have a young family. Their salaries are in accordance with the 7th pay commission, with an in-hand range of Rs. 40,000 to 50,000 per month. Considering their age, income, and the socio-economic fabric of the state, we believe these teachers represent lucrative opportunities for 2-wheeler, personal loans, and housing loans among other loan products.
Amukha Market Intelligence News delivers real-time alerts on such opportunities stemming from government policies or corporate expansions.
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AMUKHA 