(1)
(2)
(3) i) ii) i) ii)
(a) 0n and from 1-11-1987, Dearness Allowance scheme shall be as under :
Dearness Allowance shall be payable for every rise or fall of 4 points over 600 points in the quarterly average of the All India Average Working Class Consumer Price Index, (General) Base 1960 = 100.
Dearness Allowance shall be payable as per the following rates :
i) 0.67% of 'pay' upto Rs. 2500/- plus, ii) 0.55% of 'pay' above Rs. 2500/- to Rs. 4000/- plus, iii) 0.33% of 'pay' above Rs. 4000/- to Rs. 4260/- plus, iv) 0.17% of 'pay' above Rs. 4260/-.
On and from 1.7.1993, Dearness Allowance Scheme shall be as under :
Dearness Allowance shall be payable for every rise or fall of 4 points over 1148 points in the quarterly average of the All India Average Working Class Consumer Price Index (General) Base 1960=100.
Dearness Allowance shall be payable as per the following rates :
a) 0.35% of 'pay' upto Rs. 4800/- plus;
b) 0.29% of 'pay' above Rs. 4800/- to Rs. 7700/- plus;
c) 0.17% of 'pay' above Rs. 7700/- to Rs. 8200/- plus;
d) 0.09% of 'pay' above Rs. 8200/- On and from 1.4.1998, Dearness Allowance scheme shall be as under:
Dearness Allowance shall be payable for every rise or fall of 4 points over 1684 points in the quarterly average of the All India Average Working Class Consumer Price Index, (General) Base 1960 = 100.
(b) Dearness Allowance shall be payable as per the following rates:
i) 0.24% of `pay’ upto Rs.7100/- plus, ii) 0.20% of `pay’ above Rs.7100/- to Rs.11300/- plus, iii) 0.12% of `pay’ above Rs.11300/- to Rs.12025/- plus, iv) 0.06% of `pay’ above Rs.12025/-.
(4) On and from 1.11.2002, Dearness Allowance scheme shall be as under:
(a) Dearness Allowance shall be payable for every rise or fall of 4 points over 2288 points in the quarterly average of the All India Average Working Class Consumer Price Index, (General) Base 1960 =
100.
(b) during the period from 01.11.2002 to
31.01.2005, dearness allowance shall be payable at the following rates:
i) 0.18% of `pay’ upto Rs.9650/- plus, ii) 0.15% of `pay’ above Rs.9650/- and upto Rs.15350/- plus, iii) 0.09% of `pay’ above Rs.15350/- and upto Rs.16350/- plus, iv) 0.04% of `pay’ above Rs.16350/-.
(c) on and from 01.02.2005, dearness allowance shall be payable at 0.18 % of pay.
(5) On and from 1.11.2007, Dearness Allowance shall be payable for every rise or fall of 4 points over 2836 points in the quarterly average of the All India Average Working Class Consumer Price Index, (General) Base 1960 = 100 at 0.15 % of Pay.
Explanation: For the purposes of this sub-regulation:
(a)`Pay’ for the purpose of Dearness Allowance shall mean basic pay including Stagnation Increments.
(b)Professional Qualification Allowance/Professional Qualification Pay as specified in Explanations (c),
(d), (e) and (f) to sub-regulation (2) of Regulation 5 shall rank for dearness allowance.
House Rent 22 (1) on and from the 1st day of November, 2002, Allowance (a) where an officer is provided with residential accommodation by the Bank, a sum equal to 1.75 per cent of the basic pay in the first stage of the scale of pay in which he is placed or the standard rent for the accommodation, whichever is less, shall be recovered from him;
(b) where an officer is not provided any residential accommodation by the Bank, he shall be eligible for House Rent Allowance at the rates specified in the following table, namely:
TABLE Where the place of work is in HRA payable shall be
(1) (2)
(i) Major “A” Class Cities and Project Area Centres in Group A
8.5% of Pay
(ii) Other places in Area I and Project Area Centres in Group B
7.5% of Pay
(iii) Other places 6.5% of Pay:
Provided that if an officer produces a rent receipt, the House Rent Allowance payable to him shall be the actual rent paid by him for the residential accommodation in excess over 1.75 per cent of pay in the first stage of the scale of pay in which he is placed with a maximum of 150 per cent of the House Rent Allowance payable as per column (2) of the above Table.
(2) on and from the 1st day of November, 2007,
(a) where an officer is provided with residential accommodation by the Bank, a sum equal to 1.20 per cent of the basic pay in the first stage of the scale of pay in which he is placed or the standard rent for the accommodation, whichever is less, shall be recovered from him;
(b) where an officer is not provided any residential accommodation by the Bank, he shall be eligible for House Rent Allowance at the rates specified in the following table, namely:
TABLE Where the place of work is in HRA payable shall be
(1) (2)
(i) Major “A” Class Cities and Project Area Centres in Group A
8.5% of Pay
(ii) Other places in Area I and Project Area Centres in Group B
7.5% of Pay
(iii) Other places 6.5% of Pay
Provided that if an officer produces a rent receipt, the House Rent Allowance payable to him shall be the actual rent paid by him for the residential accommodation in excess over 1.20 per cent of Pay in the first stage of the Scale of Pay in which he is placed with a maximum of 150 per cent of the House Rent Allowance payable as per aforesaid rates mentioned in column (2) above.
Note.- The claims of officers for House Rent Allowance linked to the cost of their ownership accommodation shall also be restricted to 150 per cent of House Rent Allowance as hitherto.
(3)
(i)
(ii)
(1)
(a)
(b) Where an officer resides in his own accommodation he shall be eligible for a House Rent Allowance on the same basis as mentioned in proviso to sub-regulation (1)(b) and 2(b) as if he were paying by way of monthly rent a sum equal to one twelfth of the higher of A or B below:
(A) The aggregate of :
Municipal taxes payable in respect of the accommodation; and 12% of the capital cost of the accommodation including the cost of the land and if the accommodation is part of a building, the proportionate share of the capital cost of the land attributable to that accommodation, excluding the cost of special fixtures, like air conditioners or (B) The annual rental value taken for municipal assessment of the accommodation.
Explanation:
For the purpose of this Regulation `Standard Rent’ means:
In the case of any accommodation owned by the Bank, the standard rent calculated in accordance with the procedure for such calculation in vogue in the Government;
Where accommodation has been hired by the bank, contractual rent payable by the bank or rent calculated in accordance with the procedure in (A) above, whichever is lower.
(2) “Pay” for the purpose of House Rent Allowance shall mean Basic Pay including stagnation increments.
(3) Professional Qualification Allowance or Professional Qualification Pay as the case may be, shall rank for House Rent Allowance with effect from 01.11.1994.
(4) For the purpose of sub-regulations (1) and (2) of this regulation and regulation 23, Area I and Area II shall mean as under:
Area I - Places with a population of more than 12 lakhs Area II - All places not included in Area I.
GUIDELINES OF GOVERNMENT UNDER REGULATION 22(2) For the purpose of Regulation 22(2) (i) and other Regulation, Major 'A' class Cities shall mean the following cities effective from 1-8-1982 :
Ahmedabad, Bangalore, Mumbai, Kolkata, Delhi, Hyderabad and Chennai.
Other Allowances 23 (1) City Compensatory Allowance On and from the 1st Day of November,2007, an officer shall be eligible for the City Compensatory Allowance as specified in the table below, namely:- Table Places Rates
(1) (2)
(a) Places in Area I and in State of Goa 4% of basic pay subject to a maximum of Rs.540/- per month
(b) Places with population 5 lakh and over and State Capitals and Chandigarh, Pondicherry And Port Blair not Covered by (a) above 3% of basic pay subject to a maximum of Rs.375/- per month
(c) Other places Nil
(2) Special Area Allowance On and from the 1st day of November, 2007, the rates of special area allowance shall be as specified in the Schedule to these regulations.
(3) Project Area Compensatory Allowance On and from the 1st day of November, 2007, if an officer is serving in an area to be specified as Project Area falling in Group A or Group B, he shall be eligible for a Project Are Compensatory Allowance at the rate of Rs.290/- per month or Rs.255/- per month according to the classification of area as Group A or Group B.
(4) Mid-Academic year Transfer Allowance On and from the 1st day of November, 2007, if an officer is transferred from one place to another in the midst of an academic year and if he has one or more children studying in school or college, in the former place, he shall be eligible for a mid-academic year transfer allowance of Rs.700/- per month from the date he reports to the latter place upto the end of the academic year in respect of all the children, provided that such allowance shall cease if all the children cease studying at the former place.
(5) Deputation Allowance On and from the 1st day of May, 2010, if an officer is deputed to serve outside the Bank, he may opt to receive the emoluments attached to the post to which he is deputed, or he may in addition to his pay, draw a deputation allowance at the rate of 7.75 per cent of pay subject to a maximum of Rs.2,300/- per month and such other allowances he would have drawn had he been posted in the Bank’s service at that place:
Provided that where he is deputed to an organization which is located at the same place where he was posted immediately prior to his deputation, he shall receive a deputation allowance equal to 4 per cent of his pay subject to a maximum of Rs.1,200/- per month:
Provided further that an officer on deputation to the Training Establishment of the Bank as a faculty member shall be eligible for deputation allowance at the rate of 4 per cent of his pay subject to a maximum of Rs.1,200/- per month.
(6) Officiating Allowance If an officer is required to officiate in a post in higher scale for a continuous period of not less than seven days at a time or an aggregate of seven days during a calendar month, he shall receive an officiating allowance equal to 6% of his pay, pro-rata for the period for which he officiates and officiating allowance will ranks pay for the purposes of Provident Fund and Pension only:
Provided that where an officer comes to officiate in a higher scale, as a consequence solely of the review of the categorisation of posts under regulation 6, he shall not be eligible for the officiating allowance for period of one year from the date on which the review of the categorisation takes effect.
(7) Closing Allowance If an officer is posted at a branch where books are closed on the 1st day of April and 30th September, a closing allowance of Rs.250/- for each of the two closings.
(8) Split Duty Allowance On and from the 1st day of November 2007, if the working hours during a day are split with minimum interval of two hours, an officer shall be eligible for Split Duty Allowance at the rate of Rs.165/- per month.
(9) Diem Allowance If an officer is required to work a custodian of a vault or locker on holiday, he shall be eligible for a Diem Allowance at the rate to which he is entitled.
(10) Hill & Fuel Allowance On and from the 1st day of November, 2007, an officer shall be eligible for the hill and fuel allowance as specified in the table below, namely:- TABLE Place
(1) Rate
(2)
(i) Place with an altitude of 1000 meters and above but less than 1500 meters and Mercara Town Town 2% of pay subject to a maximum of Rs.550/- per month
(ii) Place with an altitude of 1500 meters and above but less than 3000 meters 2 ½ of pay subject to a maximum of Rs.680/- per month
(iii) Place with an altitude of 3000 meters and above 5% of pay subject to a maximum of Rs.1,570/- per month Note :
(a) officers posted at places with an altitude of not less than 750 meters and which are surrounded by hills with higher altitude which cannot be reached without crossing an altitude of 1000 meters or more, shall be paid hill and fuel allowance at the same rate as is payable at centers with an altitude of 1000 meters and above.
(b) Hill and Fuel Allowance presently paid at any centre not covered by the above classification shall stand withdrawn:
Provided that in respect of an officer who was posted in such a centre prior to 1st day of May, 1989 and remains posted at that centre even after that date, the quantum of allowance which he was drawing as on the 30th day of April, 1989 shall be protected and paid to him every month till the time he remains posted at that centre in the same scale of pay.
PERQUISITES Medical Aid 24 (1) An officer shall be eligible for reimbursement of medical expenses actually incurred by him in respect of himself and his family on the following basis, namely:-
(a) Medical Expenses On and from the 1st day of November, 2007, an officer shall be eligible for reimbursement of medical expenses for self and family on the strength of the officer’s own certificate of having incurred such expenditure supported by a statement of accounts for the amounts claimed as specified in the table below, namely:- TABLE Grade Maximum limit of reimbursement Junior Management and Middle Management Cadre Rs.5,100/- or the amount incurred whichever is less Senior Management and Top Executive Grade Rs.6,320/- or the amount incurred whichever is less Note:
(i) an officer may be allowed to accumulate unavailed medical aid so as not to exceed at any time three times the maximum amount provided above or;
(ii) for the year 2007, the reimbursement of medical expenses under the medical aid scheme shall be enhanced proportionately for two months, that is, November, 2007 and December, 2007.
Explanation – for the purposes of this regulation, -
(i) hospitalization charges shall be reimbursed to the extent of 100 per cent in the case of an officer and 75 per cent, in the case of his family members in respect of all cases which require hospitalization or;
(ii) on and from the 1st day of May, 2010, reimbursement of hospitalization expenses under this regulation shall be in accordance with the terms and conditions of Hospitalisation Scheme as laid down under the Bipartite Settlement dated the 27th day of April, 2010 for workmen employees, subject to the limits as specified in the table below, namely:- TABLE
(a) Junior Management Grade Scale I and Middle Management Grade Scales II and III
(i) Bed Charges Self – Rs.700/- per day Family – Rs.525/- per day
(ii) Other charges At the scale of 125% of the limits laid down under the Hospitalisation Scheme applicable to Workmen employees
(b) Senior Management Grade Scales IV and V And Top Executive Grade Scales VI and VII
(i) Bed Charges Self – Rs.900/- per day Family – Rs. 675/- per day
(ii) Other Charges At the scale of 150% of the limits laid down under the Hospitalisation Scheme applicable to Workmen employees
(2) Notwithstanding the medical benefits (including hospitalization, etc.) specified in sub-regulation (1) above, and in complete substitution of the same, the Board may decide to retain in an unaltered form medical benefits (including hospitalization, etc.) as available in the Bank on the appointed date and if the Board so decided, all officers shall be eligible for reimbursement of medical expenses only as per the terms and conditions obtaining in the bank on the appointed date for grant of medical benefits (including hospitalization, etc.)
(3) Medical Aid and Hospitalisation facilities shall also be admissible to the officers who are placed under suspension.
GUIDELINES OF GOVERNMENT UNDER REGULATION 24 Reimbursement of hospitalisation expenses under Regulation 24 (1) (b) (i) shall be in terms of Hospitalisation Scheme laid down under the Bipartite Settlement for workmen employees, subject to the following limits :
Scale of Officer Limits
(a)
(b) Junior Management Grade Scale 1 and Middle Management Grade Scales II and III Senior Management Grade Scales IV and V and Top Executive Grade Scales VI and VII.
(i)
(ii)
(i)
(ii) Bed Charges :
Self : Rs. 225/-, Family : Rs. 180/- Other Charges : One and quarter time limits laid down under hospitalisation scheme applicable to workmen employees.
Bed Charges :
Self - Rs. 300/-, Family : Rs. 240/- Other Charges : One and half time the limits laid down under the hospitalisation scheme applicable to the workmen employees.
Residential 25 Accommodation (1) No officer shall be entitled as of right to be provided with residential accommodation by the Bank.
(2) Notwithstanding anything contained in sub-regulation (1), it shall be open to the bank to provide residential accommodation to an officer on payment by the officer, on and from the 1st day of November, 2007, a sum equal to
1.20 per cent, of the basic pay in the first stage of the scale of pay in which he is placed or the standard rent for the accommodation, whichever is less:
Provided that where the officer is provided with furniture at such residence, a further sum equal to 0.25 per cent of basic pay in the first stage of the scale of pay in which he is placed shall be recovered by the Bank from him:
Provided further that, where such residential accommodation is provided by the Bank, the charges for electricity, water, gas and conservancy shall be borne by the officer.
Bank’s Car for personal purpose