salary and perks

13
SALARY & ALLOWANCES ADMISSIBLE TO Asstt. Mgr/D. Mgr/Mgr/Chief Mgr/AGM/DGM/GMs Grade Scale Designation Scales of Pay JMGS I Asstt. Manager 14500-600/7-18700-700/2-20100-800/7-25700 (Auto switchover to MMGS-II scale) MMGS II Deputy Manager 19400-700/1-20100-800/10-28100 (Auto switchover to MMGS-III scale) MMGS III Manager 25700-800/5-29700-900/2-31500 SMGS IV Chief Manager 30600-900/4-34200-1000/2-36200 SMGS V Asstt. Gen. Manager 36200-1000/2-38200-1100/2-40400 TEGS VI Dy. Gen. Manager 42000-1200/4-46800 TEGS VII General Manager 46800-1300/4 -52000 (Cir. No. Per/10 dt.11.6. 2010) Fixed Personal Allowance and Professional Qualification Allowance: Fixed personal pay Professional qualification allowance JMGS-I Rs.800/- +58+ HRA* Rs. 410/-p.m. for passing JAIIB (CAIIB Part I) after one year on reaching top of scale MMGS Rs 900/-+ 65+ HRA* Rs.1030/-p.m. for CAIIB (both parts) after 2 years on reaching top of scale SMGS-IV Rs 1000/-+ 72+ HRA* * Fixed HRA on the date of sanction of FPA **Payment of FPA to be revised in promoted grade on completion of one year Per/01 dt.10.4.08 SMGS-V Rs.1100/-+ 79+HRA* TEGS-VI Rs.1200/-+ 86+HRA* TEGS-VII Rs.1300/- +94+HRA* Stagnation Increments a. Officers in JM Grade Scale I who have moved to scale of pay for MMG Scale II in terms of Regulation 5(b) after reaching maximum of the higher scale shall be eligible for four stagnation increments for every three completed years of service of which first two shall be Rs.800/- each and next two Rs.900/- each. Provided that officers who have completed three years or more after receipt of the second stagnation increment as on 1.11.2007 will get the third stagnation increment on 1.11.2007 and another stagnation increment on or after 1.11.2008 on their completion of six years after receipt of second stagnation increment. b. Officers in MMG Scale II who have moved to scale of pay for MMG Scale III in terms of Regulation 5(b) after reaching maximum of higher scale shall be eligible for three stagnation increments of Rs.900/- each for every three completed years of service. Provided that officers who have completed three years or more after receipt of the first stagnation increment as on 1.11.2007 will get the next stagnation increment with effect from 1.11.2007 and a subsequent stagnation increment on or after 1.11.2008 on their completion of six years after receipt of the first stagnation increment. Provided further those officers in substantive MMG Scale III i.e. those who are recruited in or promoted to MMG Scale III shall be eligible for four stagnation increments of Rs.900/- each for every three completed years of service. Those who have already received two stagnation increments and completed more than three years of service after receipt of second stagnation increment as on 1.11.2007 will get the third stagnation increment on 1.11.2007 and the fourth stagnation increment, on or after 1.11.2008 on their completion of six years after receipt of second stagnation increment Dearness Allowance : 0.15% for every rise or fall of 4 points over 2836 points in the quarterly average of the All India average Working class CPI Base 1960+ 100 (w.e.f.1.11.2007)

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Page 1: Salary and Perks

SALARY & ALLOWANCES ADMISSIBLE TO Asstt. Mgr/D. Mgr/Mgr/Chief Mgr/AGM/DGM/GMs

Grade Scale Designation Scales of Pay

JMGS I Asstt. Manager 14500-600/7-18700-700/2-20100-800/7-25700

(Auto switchover to MMGS-II scale)

MMGS II Deputy Manager 19400-700/1-20100-800/10-28100

(Auto switchover to MMGS-III scale)

MMGS III Manager 25700-800/5-29700-900/2-31500

SMGS IV Chief Manager 30600-900/4-34200-1000/2-36200

SMGS V Asstt. Gen. Manager 36200-1000/2-38200-1100/2-40400

TEGS VI Dy. Gen. Manager 42000-1200/4-46800

TEGS VII General Manager 46800-1300/4 -52000

(Cir. No. Per/10 dt.11.6. 2010)

Fixed Personal Allowance and Professional Qualification Allowance:

Fixed personal pay Professional qualification allowance

JMGS-I Rs.800/- +58+ HRA* Rs. 410/-p.m. for passing JAIIB (CAIIB Part I) after

one year on reaching top of scale

MMGS Rs 900/-+ 65+ HRA*

Rs.1030/-p.m. for CAIIB (both parts) after 2 years on

reaching top of scale

SMGS-IV Rs 1000/-+ 72+ HRA* * Fixed HRA on the date of sanction of FPA **Payment of FPA to be revised in promoted

grade on completion of one year

Per/01 dt.10.4.08

SMGS-V Rs.1100/-+ 79+HRA*

TEGS-VI Rs.1200/-+ 86+HRA*

TEGS-VII Rs.1300/- +94+HRA*

Stagnation Increments

a. Officers in JM Grade Scale I who have moved to scale of pay for MMG Scale II in terms of Regulation 5(b) after reaching maximum of the higher scale shall be eligible for four stagnation increments for every three completed years of service of which first two shall be Rs.800/- each and next two Rs.900/- each. Provided that officers who have completed three years or more after receipt of the second stagnation increment as on 1.11.2007 will get the third stagnation increment on 1.11.2007 and another stagnation increment on or after 1.11.2008 on their completion of six years after receipt of second stagnation increment. b. Officers in MMG Scale II who have moved to scale of pay for MMG Scale III in terms of Regulation 5(b) after reaching maximum of higher scale shall be eligible for three stagnation increments of Rs.900/- each for every three completed years of service. Provided that officers who have completed three years or more after receipt of the first stagnation increment as on 1.11.2007 will get the next stagnation increment with effect from 1.11.2007 and a subsequent stagnation increment on or after 1.11.2008 on their completion of six years after receipt of the first stagnation increment. Provided further those officers in substantive MMG Scale III i.e. those who are recruited in or promoted to MMG Scale III shall be eligible for four stagnation increments of Rs.900/- each for every three completed years of service. Those who have already received two stagnation increments and completed more than three years of service after receipt of second stagnation increment as on 1.11.2007 will get the third stagnation increment on 1.11.2007 and the fourth stagnation increment, on or after 1.11.2008 on their completion of six years after receipt of second stagnation increment

Dearness Allowance : 0.15% for every rise or fall of 4 points over 2836 points in the quarterly average of

the All India average Working class CPI Base 1960+ 100 (w.e.f.1.11.2007)

Page 2: Salary and Perks

Salary and Perks available to Officers in SBOP

Page | 2

House Rent Allowance: Classification of Place Rates

Major A class cities and Project Centres in Group A 8.5% of pay

Other places in Area I and Project Centre in Group B 7.5%

Places in Area II 6.5%

Other places 6.5%

House Rent Recovery/Standard Rent at First Stage 1.20%

Furniture Rent Recovery at First Stage of Scale 0.25%

City Compensatory Allowance Area Rates

Rate Max. Rs.

Place in Area I and in the State of Goa 4% 540/-

Places with population of 5 lacs and over and State Capitals &

Chandigarh, Pondicherry, Port Blair

3% 375/-

Provident Fund : 10% of Pay Pension : 50% of Pay i.e. Basic Pay + stagnation increment+PQA+increment

component of FPA will be basic Pension and D.A.

Project Area Allowance (W.E.F. 1.11.2007) Group “A” Centres Rs.290/-p.m.

Group “B” Centres Rs.255/- p.m.

Other Allowances and Loans linked to Basic Pay continued to be paid in terms of the pre revised

Basic Pay till the existing rates / multiplying factors are revised.

Mid Academic Year Transfer Allowance: Rs.700/- p.m. (w.e.f. 1.5.2010)

Deputation Allowance: Classification Rates

Rate Max. Rs.

Deputation outside the Bank 7.75% 2300/-

Deputation to an Organisation at same place or to

Training Establishment of Bank

4% 1200/-

Hill & Fuel Allowance: Classification Rates

Rate Max. Rs.

Places with altitude of 1000-1499 meters 2% 550/-

Places with an altitude of 1500-2999 meters 2.5% 680/-

Places with an altitude of 3000 and above 5% 1570/-

Closing Allowance: Rs.250/- per half year closing (where books are closed)

Split Duty Allowance: Rs.165/- p.m.

Transfer of Baggage on transfer:

Pay Range Where officer has

family

Where officer has no

family BP 10000-13820(Revised 14500-19400) 3000 Kg 1500 kg 13821 & above (revised 19401 above) Full wagon 2500 kg

Per/14 dt.8.6.98

Transport of Baggage on transfer through approved carrier (Per/ 7 dt 30.5.11)

Hilly area Other than Hilly area

Upto 1000 Kms Rs. 5.50 per Km per Tonne Rs.3.70 per km. per tonne (up to 600 kms)

Rs. 1.85 per Km for next 400 Kms Minimum distance for claim 425 Kms 300 Kms

Page 3: Salary and Perks

Salary and Perks available to Officers in SBOP

Page | 3

Loading and unloading charges on transfer:

Officers Metro Urban Semiurban Rural

JMGS &MMGS 7000 6000 5000 3000

SMGS 10000 8000 6000 4000

Top Executive 15000 12000 10000 8000

One Time expenses towards admission fee on transfer (subject to terms and Conditions)

Officers Amount

JMGS & MMGS 10000 per ward

SMGS & TEGS 15000 per ward

(In case ward(s) transferred to a different school/college/institute etc at any centre, other than the

place where the officer if transferred. The reimbursement will be restricted to two wards only)

LUMP SUM PAYMENT ON TRANFER

Officers Amount

JMGS & MMGS 20000/-

SMGS 25000/-

TEGS 35000/-

Transfer charges at the time of retirement (Cir No.Per/26 dated 25.11.2011)

On retirement, an officer may be allowed to claim baggage transport charges up to 20% higher

rates than the rates prescribed for officers in case of transfer, for movement from the last station

officer is posted to the place he/she proposes to settle down on retirement. However, the officer

will be eligible to claim travelling allowance for himself/herself and his/her family from the last

station at which he/she was posted to the place where he/she proposes to settle down on

retirement, subject to his/her entitlement. Officiating Allowance: 6% of Basic pay (Per/36 dt. 3.10.02)

(Officiating allowance payable only if an officer officiates in higher scale for seven

days continues or atleast seven days in a calendar month)

-Special Area Allowance: Area wise rates as per annexure –IV of Joint Memorandum dt 27.4.10

-Discomfort Allowance: Rs200/- per day (Officers who are required to work in shifts involving hardships

such as airports (Per/21 dt.24.08.07)

-Out of pocket expenses: 50% of daily allowance for attending court locally, if officer is unable to return

to branch/office by lunch time (Per/7 dt.9.4.2002)

LEAVE RULES: (new accounting procedure as on 31st March Per/2 dt.8.4.03)

a) Casual Leave 12 days in a year

(not more than 4 days C. leave to be availed at any one time)

- Un-availed Casual leave may also be suffixed or prefixed to sick Leave in

the following 3years. Can be sanctioned by the Authority competent to

sanction C Leave

b) P. Leave One day for 11 days of service. Accumulation upto 240 days.

Can be sanctioned by BM (MMGS-III) at 2 occasions in a year provided no

relief is required. (Per/28 dt. 24.10.98)

c) Sick Leave @ 30days (on half pay) for each completed year of service. Total leave

during service 540 days (half pay)

d) Spl. Leave a) Study leave for a maximum period of 2-3 years only after completion of 5

years service.

b) Extra ordinary leave on loss of pay Max. 360 days in total service.

c) A bond undertaking to serve the Bank on return from such leave for a

minimum period of 5 years or the bond amount (Cir No. Per/27 dt 19.12.11)

Page 4: Salary and Perks

Salary and Perks available to Officers in SBOP

Page | 4

LEAVE TRAVEL CONCESSION: Block 4 years. Destination anywhere in India. The officer and family can perform the journey separately within 3 months. Each member can go to

different places within the permissible distance and the members of family can perform the journey

without the officer availing any leave. Encashment of fare: JMGS/MMGS 4500 Kms (one way) SMGS/TEGS 5500 kms(one way)

75% of eligible fare of entitled class

The mode and class by which an officer may avail of Leave Travel Concession shall be the same as the officer is normally entitled to travel on transfer and other terms and conditions subject to which the Leave Travel Concession may be availed of by an officer, shall be as decided by the

Board from time-to-time. Provided that w.e.f. 1st May 2010 an officer in Junior Management Grade Scale-I while availing LTC will be entitled to travel by air in the lowest fare economy class I which case

the reimbursement will be the actual fare or the fare applicable to AC 1st Class fare by train for the distance travelled whichever is less. The same rules shall apply when an officer in Middle Management Grade Scale II and Middle Management Grade Scale III while availing LTC where the distance is less than 1000 kms.

Home Travel Concession: Block 4 years (However one can avail LTC in first two years and HTC

in other two years and vice versa in the same block of four years) (Notional entitlement for MMGS-II By air if distance beyond 500 kms. Per/59 dt.18.3.96 (revised 1000 Kms)

Encashment of leave: One month leave once in four years or 15 days P. leave in Each HTC/LTC Encashment of one day’s P. leave for donation to PM Relief Fund Per/27 dt.15.9.97

INCOME OF DEPENDENTS: Wholly dependent family member’s income has been fixed @ Rs.3500/- p.m.

Availment of LFC after retirement (within 2 months) with prior approval Per/5 dt.26.05.09

Extension of LFC Block by 6 months on admn. Grounds in exigencies of service Per/14 dt.28.08.08

JOINING TIME: Not exceeding seven days exclusive of the number of days spent on journey. Compensatory leave in lieu of work done on Sunday/Holiday Per/114 dated 6.8.1983

Entitled class for travel : Per/39 dt.20.3.04. Category Entitled class by rail By steamer

JMGS 1st class or AC-II tier sleeper by train 1

st class

MMGS 1st class or AC-II tier sleeper by train, By

air(economy) if distance more than 1000 kms. Ist class or highest class if distance is

more than 500 kms

SMGS- TEGS AC 1st class

or By air (economy) Highest class by steamer

Travel by own vehicle: If journey approved by competent authority w.e.f 30.09.2011 Sr.

No.

Type of Vehicle Existing rate of

reimbursement

per K.M.(Rs.)

Proposed rate of

Reimbursement per

K.M.(Rs.)

1. Four Wheeler;

Engine capacity of 1000 cc or more

5.80

9.00

2. Four Wheeler;

Engine capacity of less than 1000 cc

4.60

7.00

3. Motor Cycle and Scooter 2.80 4.50

4. Mopeds 2.00 3.00

PROVISION OF BRIEF CASE: Once in three years (Max. Ceiling) (Per/17 dt.30.08.2011)

JMGS Rs.2400/- MMGS Rs. 3100/- SMGS Rs.4000/- TEGS-VI/VII Rs.4700/- TEGS-I/II Rs.5000/-

Page 5: Salary and Perks

Salary and Perks available to Officers in SBOP

Page | 5

REIMBURSEMENT OF PETROL EXPENSES:

a) Those who do not own any vehicle : JMGS Rs.710/- pm MMGS Rs. 925/- pm SMGS Rs.1160/- pm

b) Owners of four wheelers (Population details Per/18 dt.17.12.04) Scale Area-I

Populatio

n 12 lac &

above

Litre

Area- II

1 lac to less

12 lac

Litre

Other

centres

Litre

Four wheelers Lumpsum petrol Lumpsum petrol Lumpsum petrol

SMGS AGM/CM 1770 105 1300 95 1130 85

MMGS-III Mgrs 1770 95 1300 85 1130 75 MMGSII Dy. Mgr. 1425 80 1130 75 955 70

JMGS Asstt. Manager 980 60 725 55 640 50

Two Wheelers All officers 980 50 870 45 770 40

* W.E.F. 01.06.09 on certificate basis @ prevailing on the last date of month (Per/ 3 dt.26.5.09 & Per/ 7 dt. 28.05.09)

BPR initiatives-Conveyance expenses @rs.2.80 per km orRs.150/ per day Max. Rs.2500/- p.m. Per/20 dt.13.01.09

Circular No. 45 dated 30.03.2011)

RENTAL CEILINGS: w.e.f. 1.1.2011 up to SMGS and 1.4.11 for TEGS (per/09 dt. 30.5.11) Grade Mumbai

Rs.

Delhi

Rs.

Major A*

Centres

Rs.

A Population

7.50 lacs &

above(Rs.)

B 2 lacs to

less than 7.50 lacs

Rs.

C

Other centres

Rs.

JMGS 20000 15000 14000 10100 5800 4100

MMGS-II 20000 15000 14700 10800 6200 4400

MMGS-III 25000 18000 15400 11100 6500 4900

SMGS-IV 30000 20000 16800 12100 6900 5200

SMGS-V 35000 22000 18200 12800 7500 5900

TEGS-VI 60000 50000 30800 18900 13000 NA

TEGS-VII 65000 55000 35000 24300 18200 NA

Car parking 1000 1000 1000 600 300 NA

Society

Maintenance

charges

1250 1250 1250 925 625 300

* Kolkata, Chennai, Ahmadabad, Bangalore, Hyderabad **Vishakhapatnam,Patna,Vadodra,Kochi,Indore,Bhopal,Ludhiana,Coimbotore,Madurai,Agra,Varanasi

-Leased accommodation at rental in excess of entitlement also to be sanctioned by same authority

- Advance rent for leased accommodation for 10 months at Mumbai

-Payment of brokerage for 2 months entitlement of rent at Mumbai and Navi Mumbai -Leased accommodation for family upto MMGS-III anywhere in India, extended upto SMGS-V -Rent on capital cost basis even if posted outside -Ceilings for capital cost basis on the rates applicable to the place where house is constructed

-Rental Ceilings applicable to the centre where leased accommodation is provided

-Lease from close relatives other than spouse is allowed (Per/8 dt. 30.05.2011).

Travel within 15 Kms. Where from the journey started and remained away for atleast 4 hours

Half of the halting allowance or Rs.275/- per day whichever is lower Per/27 dt.b28.02.07

Electricity charges reimbursement to AGMs – 25% of bill with Max. of Rs.500/- p.m. IRD/2 dt 10.10.08

LODGING & BOARDING: Per/27dt.01.11.2007 Grade Scale Major A Area 1 Others

TEGS VI-VII 6800* 3400 3000

SMGS IV-V 4000 2400 2000

MMGS II – III 2400 1600 1200

JMGS I 1600 1200 800

Major A = Mumbai, Delhi, Kolkata, Chennai, Ahmadabad, Bangalore & Hyderabad

Area –I = Pune, Nagpur, Surat, Kanpur, Patna, Jaipur, Lucknow, Visakhapatnam, Patna, Vadodra, Kochi, Indore,

Bhopal, Ludhiana, Coimbatore, Madurai, Agra & Varanasi

* Actual expenses not exceeding 125% of the tariff of entitlement at Delhi, Mumbai & Kolkata

Page 6: Salary and Perks

Salary and Perks available to Officers in SBOP

Page | 6

Halting/Daily Allowance Per/28 dt. 30.12.2003 Per/25 dt.30.3.05 w.e.f. 1.5.2010

SMGS/TEGS IV-V-VI-VII Rs.1000* (Rs.1200/- at 4 Metros Delhi, Kolkata, Chennai

Mumbai) 800 700

JMGS/MMGS I-II-III Rs.800(Rs.1000/- at 4 Metros Delhi, Kolkata, Chennai

Mumbai) 700 600

Less 4 hrs Nil 4 to less 8 hrs Half 8 hrs & above Full (Per/33 dt.17.8.01 w.e.f 1.6.01)

FURNITURE & FIXTURES AT RESIDENCE: (Per/25 dated 26.02.07 & Per/8 dt.24.5.07)

Category Amount

(excluding

taxes)

Annual

repair

charges

( in Jan)

Curtains(with

in overall cost of

furniture &

Fixture)

Furniture Items: Sofa set, Central Table,

Show Case, Single Bed (4), Dining Table,

Dining Chairs(6), Writing Table &chair,

dressing table , Ironing Table with Iron,

Invertor, Computer Table & Chair, Kitchen

rack, RO System/water purifier, Fully

automatic washing machine, refrigerator(any

size), mixer grinder, vacuum cleaner, LCD

TV of any size, TV trolley, Set Top Box,

OTG or Microwave Oven, Room Heater,

Meat Safe, Garden Chairs(4), Bed Side

Table(2), AC(any size) , Laptop/Notebook,

DVD /VCD / Home theatre, Sofa-cum-bed,

tel. table, carpet , Shoe rack

Fixtures: Ceiling fan (4), Tube Light(6),

Chandelier(1), Geyser (1), Steel Almirah (2),

Air Cooler (1), Morning Walker, Foot

Massager (Per/8 dated 29.05.2010)

JMGS * 90,000 9,000 9,000

MMGS 1,00,000 10,000 10,000

SMGS-IV 1,10,000 11,000 10,000

SMGS-V 1,75,000 12,000 15,000 +Cooking range, dish washer, wardrobe,

wall unit, Kitchen Chimney hub, Food

Processor

TEGS VI-VII 4.00,000 By Bank Included in

the ceiling

Detail of items & other conditions Cir. Per/ 16 dated

24.07.2007(LCD 32”, Washing machine 7 Kg)

Curtains: Replacement after 3 years

Dry cleaning every 6 months (Per/9 dt.14.7.2008)

Clause for minimum furniture removed (Cir. Per/28 dt.31.8,.2002)*(Eligibility: All confirmed officers)

Furniture to eligible officers residing in ancestral/house built without bank finance Per/54 dt.18.3.02

REPLACEMENT/REPAIR OF FURNITURE/FIXTURES (Cir. No. Per/71 dated 14.2.97) 1. Maintenance/repair charges will be paid once in a year in the month of January . No carry forward is

allowed.*Annual lump sum amount to be paid in full to those officers (JMGS to SMGS)who avail furniture to the extent

of 50% or more of their entitlement and no amount is payable to those who avail less than 50%(Per/8 dt. 12.7.08) Ist

payment will be made only if January falls 9 months after purchase of furniture

2. Furniture /fixture will be replaced after 10 years. All electronic and electric consumer items and equipments running

on electricity except physical health equipment to be replaced after 5 years. Mattresses, curtains and inverter battery

to be replaced after 3 years.

3. In case of unfortunate death of officer, no recovery from family.

4. Insurance to be paid by Bank

5. Curtains within overall ceiling to be replaced after 3 years. (Per/22 dt.19.2.09)

6. The officer will have to utilize 50% of overall entitlement on furniture items

7. At the time of retirement, if the items are old than 5 years, no cost to be recovered and in case the period of 5 years

from the date of purchase is not complete, book value to be recovered.

8.. Electronic Items, Mattresses, Curtains and Inverter battery being consumable item may be given to officer

free of cost at the time of retirement and depreciated book value thereof will be written off.

Repair/Replacement of Inverter Battery Rs.9000/- once in 3 yrs (Per/22 dt.19.02.09

Reimbursement of disinfecting/cleansing Material to officers who have been provided with

furniture (Cir. No. Per/22 dt. 22.11.2011)(also Refer Cir. Per/27 dt 13.12.2003 Per/ 14 dt.22.06.07) Grade/ Scale Monthly Reimbursement (To officers provided with furniture)

JMGS 750/-

MMGS 950/-

SMGS-IV 1050/-

SMGS V 1250/-

TEGS 1550/-

Page 7: Salary and Perks

Salary and Perks available to Officers in SBOP

Page | 7

Misc. Facilities 1%interest rate over and above applicable to public to be paid to staff on all type of deposit schemes (Per/22 dt.19.2.09)

Get together of staff at special occasions -Retirement Rs.25/-per head Min. Rs.500/- HRD/1dt.22.7.02

Joining/promotion Per/18dt.12.6.01, Silver Jubilee Per/46 dt.12.3.03 Rs.15/- per head minimum of Rs.100/-

OTHER ITEMS AVAILABLE: Emergency 1*

SMGS 1150/- MMGS/JMGS 750/-

Per/3 dt.18.4.01,Per/19 dt. 6.9.03 ( 7 yrs)

Table lamp 1

ceiling Rs.500/-

Per/3 dt.04.05.1999

Mosquito net/ terminator 4

Ceiling Rs.2000/- Once in 3 yrs

Per/78 dt.22.3.97,Per/4 dt.9.4.02

Hand Blender/Electric toaster

Cost Rs.1000/-(life 3 yrs)

Per/ 50 dt. 31.3.2006

Plastic bucket, mugs, dustbin,

water container Rs.1500/- p.a.

Cir. IRD/8 dt. 27/10/2011

Per/35dt.14.12.05,Per/30

dt.22.3.10 (on certificate basis)

CFL tubes 2 Cost Rs.350/- each (life 5 years)

Per/1dt.12.4.01& Per/9 dt.23.4.02

Refer Circular No. Per/46 dated 4.10.96,Per/3 dt. 4.5.1999,Per/1 dt.12.4.2001, Per/4,5,6 dt.9.4.2002 and Per/10,11 dt.23.4.2002 ,

Per/3 dt. 8.4.03 Per/24 dated 14.11.2003 Per/20 dt.16.9.05)

Telephone at residence LANDLINE TELEPHONE MOBILES

Scale Controllers(p.m.) Others

(Monthly)

Controllers (p.m.) Others (p.m.) Cost of Mobile

set (Rs.)

JMGS (Less than 2 years of

service)

n.a. Combined entitlement for landline + Mobile Rs. 500+Rent

of mobile but includes rent of land line + taxes per month 3000.00

JMGS (With 2 years of

service or more)

n.a. Combined entitlement for landline + Mobile Rs. 500+Rent

of mobile but includes rent of land line + taxes per month 5000.00

MMGS-II n.a. Combined entitlement for landline + Mobile Rs. 1000+Rent

of mobile but includes rent of land line+ taxes per month 5000.00

MMGS-III n.a. Rs.730+taxes n.a. Rs 700/-excluding

Rent & taxes 6000.00

SMGS-IV n.a. Rs.1600+taxes Rs.1000/- excl.

Rent & taxes Rs.1000/- excl.

Rent & taxes 12000.00

SMGS-V Rs.1600 + taxes Rs.1600+taxes Rs.2000/- excl.

Rent & taxes Rs.1000/- excl.

Rent & taxes 12000.00

TEGS-VI Rs.2700/- + taxes Rs.2700/- +taxes No Ceilings No Ceilings 25000.00

TEGS-VII Rs.3500/-+ taxes Rs.3500/-+ taxes No Ceilings No Ceilings 50000.00

(* Detailed Circular No. IND/ 2 dated 24.06.2009, IND/3 dated 17.9.09, IND/1 dt.8.4.10 (for landline) IND\10 dt 12.12.11

consolidated for mobile phones)

As the officer is entitled to keep the lease/residential accommodation at his place of choice, it has been decided to provide

residential phone at place of leased/approved residential accommodation. However, the officer shall be entitled to only one

residential phone connection. All Br. Managers, All Scale IV and above are eligible. MMGS-III (once eligible always eligible) (Admn. Order 1 dated 16.10.1996)

Quarterly accumulation of call charges & Clubbing of land line +mobile entitlement allowed to officers in

MMGS-II and above ((IRD/2 dated 10.10.08, IRD/6 dt.10.3.09 &IRD/4 dt.28.8.10)

(OPD /5 dt.12.9.03 and OPD/ 5 dt.11.1.05) ( * IRD/BOD/ 79 dt.31.3.06)

Mobile set to be changed after 3 years IRD/BOD/2 dt. 13.04.07

Internet (Broadband) facility allowed on residential land line within overall entitlement Memo IRD/5 dt.24.01.07

Medical Allowance: (w.e.f. 1.11.2007) Grade/

Scale

Medical Reimbursement

JMGS &MMGS Rs. 5100/- per annum (In case of officers who are promoted or joined the bank during the year, reimbursement

of medical expenses for the year may be made in full upto the applicable limit.) (Per\14,15 dt.18.3.81

SMGS & above Rs. 6320/- per annum

Hospitalisation: 100% for self and 75% for dependants at approved rates JMGS/MMGS 125% SMGS/TEGS 150% of rates applicable to clerical staff

Annual Health Check-up Scheme

Grade Scale Centre Amount per annum

MMGS-III & above (Female) Major A Rs. 3700/-

MMGS-III & above (Male) Major A Rs. 3500/-

MMGS-III & above (Both) Other Centres Rs. 2250/-

JMGS-I & II (With age of 40 years & above) All centres Rs. 1000/- Reimbursement of Root Canal treatment Per/17 dt.5.11.08 Anterior Rs.900/- Posterior + x ray Rs.300/-per tooth)

(Per/1 dt.8.4.03 Per/22dt.21.09.05) Scale-I & II (with age of 40 years above) Rs.1000/- (PER/39 dt.07.02.2008)

Page 8: Salary and Perks

Salary and Perks available to Officers in SBOP

Page | 8

GRANT OF SILVER SUBILEE AWARDS/RETIREMENT GIFT:

Category of Staff Silver Jubilee (in Rupees)* After completion of 25 years of service

Retirement Gift (in Rupees)

Circular No. HRD/01 dated 28.05.2011

JMGS & MMGS 10000 (*Cir. Per/ 10 dt.31.5.11) 6250

SMGS 15000 10000

TEGS VI & VII 20000 20000 Working on Sundays/Public Holidays Rs.500/- at Rural Rs.700/- at other centres as

Compensation to conveyance/luncheon etc. (Per/15 dated 21.5.01)

Late Sitting Reimbursement of expenses on refreshment etc. @ Rs.200/- per day not

Exceeding 10 days in a month (IRD/2 dt.10.10.08)

Extension in Service 1st – 30 years service or 55 years of age up to 58 yrs

2nd

– 58 to 60 yrs (Per/35 dated 10.11.99)

Membership of Clubs Admission fee Rs.2000/- Annual subscription Rs.1000/- ,

Eligible: SMGS, TEGS & all Br. Mgrs/MOD/LBO (Per/30 dt. 21.1.04, Per/34 dated 12.8.1996) (Once eligible always eligible) Per/34 dt.12.8.96

Reimbursement of cost of greeting cards to be sent to clients/VIPs on Diwali/New Year

DGM Rs.1000/- AGM Rs.800/- CMRs.700/- MMGS-III/BMs

Rs.600/- MMGS-II/JMGS (other than BMs) Rs.500/-

(on each occasion Memo PRO/1 dated 1.5.2002)

Conveyance to Handicapped 5% of B.P. Max.Rs.400/- pm w.e.f. 01.01.2010

Out of pocket expenses at service/MICR branches, Airport etc. Rs.200/- per day Per/21 dt.24.8.07

Leased accommodation from close relatives (Cir No. Per/08 dated 30-05-2011)

Replenishment of cash in offsite ATMs: Rs. 200/- per visit (IRD/8 dt. 27/10/2011)

Assets & Liability Statement: To be submitted every year on 31st March before

30th June. Every transaction exceeding Rs.25000/- to be reported to the competent authority.

Floating rate of interest on HL No flat fee (Cir. Per/39 dt.23.10.02)

Diploma/short course in computer Reimbursement of fee & payment of honorarium

Approved agencies: NIIT, SSI, Tata InfoTech, Cal-c (Cir.Per/30 dated 9.10.2000)

Subsistence Allowance Details of deductions (Per/32 dt.23.1.04) Joining time not allowed immediately: within 3 months by controllers/deptt. Head (Per/11 dt.25.5.07)

PROVISION OF NEWS PAPERS /MAGAZINES/CASUAL LA BOUR

Scale Amount per month (Rs.) ON

CERTIFICATE BASIS

(Circular No. Per/24 & 25 dt. 22.11.2011

w.e.f. 01/09/11

Casual labour (per day)

Cir. No. Per/ 21 dt.22.11.2011

(if at-least 50% furniture is provided)

w.e.f. 01/08/2011

JMGS-I Rs.450/- p.m. Rs.13/- per day

MMGS-II/III Rs.650/- Rs.20/-

SMGS-IV Rs.950/- Rs.35/-

SMGS-V Rs.950/- Rs.70/-

TEGS-VI Rs 2750/- Rs.105/-

TEGS-VII Rs.3500/- Rs.105/-

PROMOTION POLICY (Cir. Per/26 dt.4.7.2001 Memo Per/32 dt.26.9.06Cir Per/49 dt.6.6.88,.Per/55 dt.20.3.02)

Scale

Promotions effective from 1st Dec

of the Relevant promotion year

Eligibility (General Cadre)

Eligibility date 1st Dec of Relevant

promotion year

Eligibility (Specialist Cadre)

Eligibility date 1st Apr of Relevant

promotion year (Per/5 dt.10.05.10)

JMGS-I to MMGS-II

Fast channel

Regular/Seniority channel

4 years of service

7 years of service

4 years of service

8 years of service

MMGS-II to MMGS-III 5 years of service 5 years of service

MMFS-III to SMGS-IV 5 years of service 5 years of service

SMGS-IV to SMGS-V 4 years of service 4 years of service

For appraisal marks see circular No.Per/34 dt.22.8.01 Deletion of Probation clause for in-cadre promotion Per/26

dt.30.9.05

TRANSFER POLICY/ TRANSFER PREFERENCE FORM

JMGS/MMGS-II Cir. No.Per/24 dt.13.3.86 MGS-III Cir No.Per/25 dt.10.3.09

Page 9: Salary and Perks

Salary and Perks available to Officers in SBOP

Page | 9

ENTERTAINMENT EXPENSES REIMBURSEMENT (P.A.): (Cir No. Per/23 dt.22.11.11 )w.e.f. 2011-12

Scale Officers

with

Budgetary

Assignment

(1)

Other

Officers not

covered in

(1) or (2) (3)

Officers on

operational

assignments **

(2)

Sundry expenses

for other officers

at HO /ZO / Other

establishments

BMs

(Sundry

expenses

)

Other Officers, MOD,

LBOs, Distt. Co-ord, &

RDMs, Relationship

Managers Sundry

expenses)

JMGS (ALL) 17000 7000 12000 2000 3000 2000

MMGS-II 20800 8800 14800 3000 3500 2500

MMGS-III 27200 9200 18200 3500 4500 3000

SMGS-IV 33000 11000 22000 4000 5000 3500

SMGS-V 38700 12700 25700 5000 5500 4000

TEGS-VI 55600 25600 - 6000 6000 -

TEGS-VII 62000 32000 - 7000 - -

*Officers posted as LBO/DCO/FO/ACCTT/other officers/specialist officers

**Officers of all scales in Operational assignments like Field Officers, Accountants, Cash Officers, Lead Bank Officers, District

Co-coordinators, Credit Officer (Rural CPC), Customer Support Officer (Support Officer to RM ME), Relationship Manager

(Personal Banking branches – New business department outfit) Sr. Marketing Executives (HLST), Team Leader (MPST), City

Case Officer (SARC), CPC Team Leaders, Credit Analyst, COO in MCG / CAG and at other DGM headed branches, Case Lead

Officers, Recovery and Rehabilitation officers at SAMBs, Customer Relation Officer (in redesigned branches) Relationship

Manager (NRI) other BPR Role Holders etc.

- Sundry entertainment expenses reimbursement @Rs3600/- p.a. to officers on probation IND/8 dt 27.10.11

PASSING POWERS:

Br. Manager /MOD

D.M(A/cs)/ Asstt. Mgr A/cs)

Dy.Mgr. Asttt. Mgr.

Cash Unlimited Unlimited 2.00 Lacs

Transfer Unlimited Unlimited 5.00 Lacs

Payment of compensation on death/disability/serious injury while on duty on account of dacoity, robbery,

attack by terrorists Cir. No. Per/41 dated 7.01.03 RETIRAL BENEFITS :

Encashment of leave : Max. 240 days at the time of superannuation (deemed to be retired in the ordinary course

Per/17 dt.14.8.2000)

In case of resignation, half of such leave at credit on the date of cessation of service subject to max. 120 days

(Per/28 dt.14.7.2001)

Gratuity : As per Gratuity Act 1972, payment of gratuity is calculated as under :

The amount will be payable @ 15 days wages for each completed year of service on the basis of 26 working days in a

month, subject to ceiling of Rs. 10.00 lacs and minimum service for eligibility for payment of gratuity is 5 years..

Basic pay + D.A. + PQA + FPA + Spl. All x 15 x length of service

26

However, as per Gratuity Regulations1970, one month Basic Pay for each completed year of service (15 years to 30

years) and 15 days for each completed year of service beyond 30 yrs of service.. (Minimum service of 10 years)

Income tax exemption is available upto 10.00 lacs

Commutation of Pension: An officer is entitled to commute not exceeding 1/3 of his pension. Arrive at 1/3rd

of the

basic pension to be multiplied by 12 X age next birthday factor.

Residential Accommodation & Telephone:

May be retained for 2 months from the date of retirement

Holiday Homes: Can be permitted to stay in Holiday Homes

Concessions to Retired Officers : Interest rate 1 % above the current rate of interest allowed to public on saving Bank

deposits/fixed deposits. Interest on loans granted to them will be charged at the rate fixed from time to time on

different type of advances to the members of staff. These concessions will be available for genuine needs.

RETIRED EMPLOYEES MEDICAL BENEFIT SCHEME

-Provision of financial assistance upto Rs.2.00 lacs for self and spouse.

-Initial contribution : One gross Pension/notional gross pension within 3 months of the receipt of first pension

-Eligibility: Officers/employees retired on completion of 30 years of service and also those who have been retired/will

retire from service on attaining the superannuation age of 58 or 60 years with 10 years pensionable service.

Purchase of Furniture at the time of retirement : (Per/8 dated 12th

July 2008)

a) items with more than 5 years of age - Free of cost

b) items with more than 4 years of age - at 20% of the original cost

c) items with more than 3 years of age - at 40% of the original cost

d) items with more than 2 years of age - at 60% of the original cost

e) items with more than 1 years of age - at 80% of the original cost

f) items with less than 1 years of age - at 100% of the original cost

Page 10: Salary and Perks

Salary and Perks available to Officers in SBOP

Page | 10

FACILITIES TO INSPECTING OFFICIALS

A) Supplement daily allowance @ Rs.10/- per day extra + addl. Rs.10/- p.d. (Per/31 dt.23.1.04)

B) Family residence at place of choice, one 3 minute STD call to family once in a fortnight,

C) Kit all.Rs.6000/- Ist year & Rs.3000/- per year for subsequent 4 yrs Per/33 dt.30.03.10

D) Spouse to accompany once in a year E) Telephone facility at residence

Refer: (Per/32 dt.3.4.89, Per/94 dt.15.12.89, Per/57 dt.15.3.96, Per/72 dt.14.2.97) Staff Welfare activities (year to year basis) (Cir. No. IRD/Gen/02 dt.02.06.08, IRD/6 dt.29.6.09 Memo IRD/2 dt.15.6.10)

a) Financial assistance 50% of gross salary or a maximum of Rs.7500/- per month (Max. 18 months) on account of

leave on loss of pay due to major accident/operation or ailment

b) Financial assistance to meet the expenses for education, training & correctional therapy of their

Physically/mentally handicapped children (Rs.7200/- p.a. per child)

c) Rs.20000/- or difference between the amount spent for self hospitalisation, whichever is less(once in life)

d) Life Insurance from SBI Life Rs12.50 lacs (policy effective from 29th Oct 11) in case death of accident, amount

will be double)

e) Annual check up for spouse of employees/officers of 40yrs of age or above Amt. Rs.1000/- p.a.

Tuition fee allowed to the wards of all officers irrespective of B.P. IRD/Gen/17 dt.9.12.04 Holiday Homes : Bangalore, Darjeeling, Delhi, Goa, Jaipur, Amritsar, Kanyakumari, Mumbai, Manali, Katra,

Nainital , Dalhousie, Haridwar, Shimla, Agra, Shirdi, Mussoorie

HOUSE LOAN (w.e.f. 1.04.2011) Reference Circular No. Per/41 dated 29th

March 2011 Limit (Max.) 90% of cost of Project or Rs.20 lac whichever is lower. Rate of Intt. 6% p.a. simple Margin : 10% of project cost Repayment : 240 months or date of retirement whichever is earlier – commencing 24 months from date of disbursement of 1

st instalment or 6 months after completion of project whichever is earlier. In case of

ready built, recovery from the month following the month in which advance is taken. Instalment in the ratio of P:1 + 7:3). Primary Security : Equitable Mortgage of House Collateral : Line on PF will be noted. Other terms & conditions:

(a) Add.l Housing Loan for purchasing a bigger house or for repair, renovation or alterations in existing house, after 5 years @ 6 % p.a. (simple) as against present tiered rates.

(b) The process of sale of old house and purchase of new/bigger house to be completed within 9 months. Delay can be condoned by GM up to 24 months and beyond 24 months by CGM but up to a maximum of 36 months and in exceptionally genuine cases upto 60 months by the MD.

(c) Add. Housing Loan on commercial rate to meet their additional requirements will continue, in case the amount permissible under IHLS is not sufficient to complete the project. Employees, who are not eligible under Individual Housing Loan Scheme for any reason, can also raise home loan on commercial terms as applicable to public housing loan scheme.

The employees who were sanctioned or availed housing /additional housing loan under IHLS, in the past, without any cut off date will be permitted enhancement up to their entitlement with a maximum of Rs.20 lacs, either to complete the housing project or to repay high cost outstanding debts or housing loan on commercial rates from the Bank/other Banks/Financial Institutions provided the following stipulations are complied with: (i) Initial project cost as submitted at the time of sanction of loan remains unchanged, (ii) The loans from outside sources (verifiable institutional sources) (iii) The outside loans should have been raised for housing purpose from approved and verifiable

institutional sources like LIC, HDFC, Staff Co-operative Societies, scheduled commercial banks and any other Govt./Semi-Govt. housing finance institution etc. and/or Bank’s housing loan at commercial rate of interest and should have been indicated as such in the housing loan application.

(iv) The eligibility/quantum subject to repayment capacity of the employee i.e. instalment Present plus future should not exceed 60% of the gross monthly emoluments/income.

(v) The eligible amount towards liquidating/reducing the loans raised by the employee should be directly released to the financial institution/bank/staff co- operative society etc.

(vii) The amount of enhanced housing loan will be to the extent of the outstanding amount of the eligible outside/commercial borrowing availed for housing purpose, subject to the ceiling of the revised limit.

-Loan equal to combined amount calculated on the basis of their individual eligibility or the maximum permissible to an employee under IHLS, whichever is less.

Page 11: Salary and Perks

Salary and Perks available to Officers in SBOP

Page | 11

- Loan for repair/renovation: 50 times of the Basic Pay or Rs.10 lacs, whichever is less. - Calculation of 60% deductions :Any regular income from other sources like interest on deposits, dividend income, income or rental income from existing house as declared by the employee in the last I T Return may also be added to the gross monthly emoluments of the employee to calculate the percentage of deductions. - In all existing HLs before the 1

st of April, 2011, interest @ 5%p.a.(simple) will continue to be

charged for the initial principal loan amount outstanding up to Rs.1.10 lacs, till full and final repayment of such loan

Repayment after Retirement upto 70 years of age: Refer Circular NO. Per/29 dt.8.10.97, Per/131 dt.4.10.83)

LOAN FACILITIES AVAILABLE:

Facility Loan Amount Limit for interest Rate of

Intt.

Circular

Rs. Simple

1. Festival One Gross Salary (to be rounded 000 on

lower side) (BP+DA+HRA+PQA+FPA

(emoluments as payable for the purpose of

leave encashment for LTC

Nil Per/04 dt.26.05.2009 Officers on probation also eligible

Per/32 dt.4th

May 1982

2. Conveyance

-Four Wheeler(car) 7,00,000 Margin 10% 7.00% p.a. Per/31 dt.29.03.2010

Per/43 dt.30.03.11 - Com. Rate of intt. As per public scheme Per/ 47 dt.12.3.03

-Car Repair Loan 30000 Rs.10000 simple Next 20000 com. rate of intt.

Per/ 28 dt 1.3.07

-Two wheeler 1,00,000 Margin 10% 6.00% p.a. Per/31 dt.29.03.2010

3.House Loan 20,00,000 6% Per/41 dt.29.03.2011 Cost ceilings increased to Rs.50.00 lacs-

Income of both spouses can be counted*

HL at Commercial

Rate of interest 450000 Per/39dt.14.12.05

Ceiling of 60%

removed

PLR Per/47 dt.25.2.02

Education Loan 8% for male students

7% p.a. for female Per03 dated 20.04.2011

4. Personal

Loan/OD LIMIT

subject to available

non-encumbered

balance in PF

except lien on a/c

of house/vehicle

loan

JMGS-I to SMGS-V = Service >3 but <5 years = Rs.1.50 lac

Service >5 but <10 years = Rs.4.00 lac

Service >10 years = Rs.7.00 lac

TEGS-VI&VII Service >10 years = Rs.9.00 lac

Subject to a maximum of 50% of the revised limit as Demand loan payable in 84 (70 + 14

instalments towards principal & intt.). If insufficient balance in PF, extension of mortgage on

house property to avail full loan amount as per entitlement Per/8 dt. 28.05.09 Per/14 dt.28.7.09 ,

Per/17 dt.2.9.09

5.Consumer Loan 20000 11% p.a. simple not eligible, If OD limit availed,

Per/83 of 1983 Per/25 of 1990

(items-PC,AC,Invertor,Mobile/cordless phones,two wheelers included in the old list) (Per/25 dt.5.7.02)

6. Loan for purchase of Computer/Lap Top Rs.40000/- 5% p.a. Per/31 dt.07.12.07

7. 2nd

vehicle Terms & Conditions as applicable To public Per/47 dt/12.3.03 8. Renovation of House not Constructed with Bank finance Rs.2.00 lacs Per/11 dt .6.6.03

Page 12: Salary and Perks

Salary and Perks available to Officers in SBOP

Page | 12

Waiver of Interest on Loan Accounts in Case of death

Waiver of interest on Loan Accounts in case of Death : outstanding in loan accounts of officers

who die in harness, cannot be waived. However, interest on loan accounts of a deceased officer

may be waived from the date of death to date of closure of loan accounts subject of certain

conditions as in SBI.

(Circular No. Per/01 dated 01-04-2011)

Conveyance Loan Scheme :

Two Wheeler Loan : 90% of cost of vehicle may be sanctioned without ceiling, but within the

overall ceiling for car loan i.e. of Rs. 7.00 lacs. (Per/43 dt. 30-03-2011)

Medical Reimbursement

Medical Reimbursement in case where Mediclaim Policy has been taken by the officer, as original

bills have to be submitted to the Insurance Company, the bank may accept photocopies along with

the settlement letter from the Insurance Company to consider payment of the balance amount

within eligibility to the officer.

Other terms & Conditions are detailed in Circular No. Per/02 Dated 06-04-2011.

New Guidelines for retention of Accommodation/Car/Telephone by the Officers after

retirement. a) Normal Retirement : Two months (without approval) b) Voluntary Retirement (with or without re-employment : One month from the date of VR c) Resignation : 15 days from the date of resign. d) Dismissal /Removal from service : 15 days from the date of receipt

(Cir. No. 40 dt. 18-02-2011) of order of dismissal /removal

Conveyance Loan/House loan- Conversion on promotion : Per/4 dt. 26.4.04

Car loan available from the date of promotion or becoming eligible for car loan whichever is later. Loan

to be repaid in 200 instalments from the date of original sanction.

House loan upto entitlement of the grade/scale for repayment of outside borrowings such as LIC, Housing

finance cos., HDFC, Co-op society etc. or loan at commercial rate of interest . To be paid in 240 months as

per original repayment schedule.

House loan at commercial rate of intt. For acquiring/construction of 2nd

House : (Per/40 dt.19.3.04)

As per scheme applicable for public subject to condition that total deductions should not exceed 60% of

gross salary. Check off facility. To be sanctioned by same authority who is competent to sanction house

loan under staff scheme.

Personal Loan – Deductions (Per/33 dt. 9.2.04) Outer limit 60%. Only deductions towards repayment

of loan and statutory deductions like PF, Income tax. Other deductions like Insurance Prem., RD,

Savings/Welfare fund, extra PF, Festival Loan instalment to be excluded.

NO INTEREST to be charged on loan accounts of deceased employees from the date of death of

employee till settlement of terminal dues (MAX. 3 MONTHS) Per/21 dt.12.11.09

Festival loan may be sanctioned without having any relation to 60% deduction.

Reduction of interest rates on Personal Loan, loans against approved securities P&SB/1 dt.19.4.05

2.75% below BPLR i.e. 7.75% on DL/OD upto 3 yrs (3 -6 yrs) 2.25% below BPLR i.e. 8.25%

Reduction of interest rates on loans to staff on commercial rate of interest. P&SB/6 dt.5.5.05

NO LIEN ON PF ACCOUNT FOR EDUCATION LOAN UPTO RS.4.00 Lac Adv/P&SB/121 dt.5.3.07

Page 13: Salary and Perks

Salary and Perks available to Officers in SBOP

Page | 13

Temporary advance against PF (Refer Memo No. PFG/4 dt.26.12.1983)

Particulars Max. Amount Repayment

1. For self Marriage/marriage of

son/daughter/wholly dependent brother/ sister

6 months Basic Pay 48 months

2. For marriage of near relative 3 months Basic Pay 24 months

3. For medical treatment self/family 3 months Basic Pay 24 months

4. For repair of house 3 months Basic Pay 24 months

INCOME TAX ON PERKS TO BE BORNE BY BANK Per/4 dt 3.5.10,Per/32 dt.29.3.10

Reconstitution of Redressal Committee: Memo No. Per/03 dt.8.4.2010

For JMGS/MMGS-II For MMGS-III

a) DGM (Credit Audit) a) General Manager (P&D)

b) AGM (D&RB) b) DGM (Credit Audit) Payment of conveyance allowance to Blind & Ortho handicapped employees Rs.400/- p.m (Per/18 dt.31.8.09)

Mandatory Assignments for eligibility for promotion to higher grade (Per/23 dt.12.01.10)

2nd

Option for Pension (details) Per/23 dated 8th

September 2010

Monetary ceilings on reimbursement of expenses to those officers who maintain vehicles and claim

expenses on certificate basis (i.e. category-2): (Too be revised shortly)

Category of officers Area I

Rs. p.m.

Area II

Rs. p.m.

Other centers

Rs. p.m

SMGS IV & V Existing limit

Proposed limit

1770

2580

1560

2280

1360

1990

MMGS III Existing limit

Proposed limit

1770

2580

1560

2280

1360

1990

MMGS II Existing limit

Proposed limit

1425

2080

1360

1990

1150

1680

JMGS I Existing limit

Proposed limit

980

1430

870

1270

770

1120

(B)OWNERS OF TWO WHEELERS

All categories of officers irrespective of grade

Existing limit

Proposed limit

980

1430

870

1270

770

1120

Officers not maintaining vehicles and using public transport and claiming reimbursement on certificate basis (i.e. category-3):

Category of Officers Rs. P.M.

Existing Proposed

SMGS IV & V 1160 1700

MMGS III & II 935 1370

JMGS I 710 1040

Updated 20.12.2011

Compiled by: “Chaman Singla”

98766-06391 Email : [email protected]