(i)
(ii)
(iii)
(iv) During each block of four years, an officer shall be eligible for Leave Travel Concession for travel to his home town once in each block of two years, or; alternatively, he may travel in one block of two years to his home town and in another block of two years to any place in India by the shortest route.
An officer, by exercising an option anytime during a block of four years or two years, as the case may be, may also surrender and encash his Leave Travel Concession (other than travel to home town) upon which he shall be entitled to receive an amount equivalent to 75% of the eligible fare for the class of travel by train to which he is entitled upto a distance of 4500 kms. (one way) for Officers in JMG Scale I and MMG Scale II and III and 5500 kms (one way) for Officers in SMG Scale IV and above and while opting to encash his Leave Travel Concession shall prefer the claim for himself or herself and his or her family members only once during the block or term in which such encashment is availed off and the facility of enchashment of privilege leave while availing of Leave Travel Concession shall also be available while encashing the facility of Leave Travel Concession.
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 with effect from the 1st May 2010, an officer in Junior Management Grade Scale I while availing Leave Travel Concession shall be entitled to travel by air in the lowest fare economy class in which case the reimbursement will be the actual fare or the fare applicable to AC First Class fare by train for the distance traveled, whichever is less and the same rules shall apply to an officer in Middle Management Grade Scale II and Middle Management Grade Scale III while availing Leave Travel Concession where the distance is less than 1000 kms.
Once in every four years when an officer avails of Leave Travel Concession, he may be permitted to surrender and encash his Privilege Leave not Exceeding thirty days at a time, or, he may whilst traveling in one block of two years to his home town and in other block to any place in India, be permitted encashment of Privilege Leave with a maximum of fifteen days in each block or thirty days in one block and for the purpose of leave encashment all the emoluments payable for the month during which the Leave Travel Concession is availed, shall be admissible.:
Provided that an officer at his option shall be permitted to encash one day’s additional privilege leave for donation to the Prime Minister’s Relief Fund subject to his giving letter to the Bank to that effect and authorizing the Bank to remit the amount to the fund.
Provident Fund
45.
(1)
(2)
(3)
(a)
(b)
(a)
(b) Chapter IX- Terminal Benefits Every Officer shall become a member of the Provident Fund constituted by the Bank, unless he is already a member of that Fund and shall agree to be bound by the rules governing such fund.
Provided that there shall be no Provident Fund to Officers joining the services of the Banks on or after the 1st day of April, 2010.
The Provident Fund rules framed shall provide that on and from 1-11-1993 :- In case of an officer governed by the Pension Scheme, contribution to the Provident Fund shall be made only by the officer at the rate of 10% of pay without any matching contribution on the part of the Bank.
Provided that no adjustment on account of Provident Fund contributions already made for the period from 1-7-1993 to 31-10-1993 shall be made.
In case of an officer not governed by the Pension Scheme, contribution to Provident Fund by the officer and a matching contribution by the bank shall be made at the rate of 10% of pay.
Provided that no adjustment on account of Provident Fund contributions already made for the period from 1-7-1993 to 31-10-1993 shall be made.
Officers joining the Bank's service on or after 29-9-1995 shall be governed by the Pension Scheme.
Provided that the following categories of officers shall not be covered by the Pension Scheme :
An officer who was in service of the bank prior to 29-9-1995, unless he has specifically exercised an option to become member of the Pension Scheme in response to Bank's notice to that effect.
An officer who is recruited on or after 29-9-1995 at the age of 35 years and above, and who has elected to forego his right to Pension in terms of the Pension Scheme.
(c) Officers who are covered under the Contributory Provident Fund Scheme who do not opt for Pension Scheme shall continue under the Contributory Provident Fund Scheme.
NOTE : 'Pay' for the purpose of Provident Fund shall mean Basic Pay including Stagnation Increments, Officiating Allowance, Professional Qualification Allowance and increment component of Fixed Personal Allowance.
(4) The officers joining the services of the Bank on or after the 1st day of April 2010 shall be covered by a Defined Contributory Pension Scheme, where the officer shall contribute ten per cent, of pay plus Dearness Allowance and the Bank shall make the similar amount of contribution in accordance with the provisions of the Contributory Pension Scheme in accordance with New Pension Scheme notified by the Central Government vide notification of the Government of India, F.No.5/7/2003-ECB & PR dated the 22nd December, 2003, as amended from time to time.
Gratuity 46. (1)
(2)
(a)
(b)
(c)
(d)
(e) Every Officer shall be eligible for Gratuity on :
Retirement Death Disablement rendering him unfit for further service as certified by a medical officer approved by the Bank ;
Resignation after completing ten years of continuous service ; or Termination of service in any other way except by way of punishment after completion of 10 years of service.
The amount of gratuity payable to an officer shall be one month’s pay for every completed year of service, subject to a maximum of 15 month’s pay.
Provided that where an officer has completed more than 30 years of service, he shall be eligible by way of gratuity for an additional amount at the rate of one half of a month’s pay for each completed year of service beyond 30 years.
Provides further that pay for the purpose of Gratuity for an officer who ceased to be in service during the period 1-7-1993 to 31.10.1994 shall be with regard to scale of pay as specified in subregulation (1) of Regulation 4.
Provided also that pay for the purpose of Gratuity of an officer who ceased to be in service during the period 1.4.1998 to 31.10.1999 shall be with regard to scale of pay as specified in subregulation (2) of Regulation 4.
Note :
If the fraction of services beyond completed years of service is 6 months or more, Gratuity will be paid pro-rata for the period.
CHAPTER - X TRANSFERABILITY Transferability 47. (1) Every officer is liable for transfer to any office or branch of the bank or to any place in India.
Availability of officers for Bank Duty
48. Every officer shall be available for Bank's duties at any time of the day.
Joining Time 49. (1)
(2)
(3)
(4)
(5)
(a)
(b) An officer shall be eligible for joining time on one occasion and not exceeding seven days, exclusive of the number of days spent on travel, to enable him:- to join a new post to which he is appointed while on duty in his old post.
Or to join a new post on return from leave.
During the joining time an officer shall be eligible to draw the emoluments as applicable to the place of transfer.
In calculating the joining time admissible to an officer, the day on which he is relieved from his old post shall be excluded, but public holidays following the day of his relief shall not be included in computing the joining time, No joining time shall be admissible to an officer when the transfer does not involve a posting to a different place.
No joining time will be admissible to an officer when his posting is of a temporary nature, irrespective of the fact that the posting is to a place or station other than the one at which he is permanently posted.
CHAPTER - XI MISCELLANEOUS Power to Implement regulations
50. The Managing Director may, from time to time, issue such instructions or directions as may, in his opinion, be necessary for giving effect to or carrying out the provisions of these regulations.
Governments decisions to be construed as initial decision of the Board
51. Wherever these regulations require that any matter shall be in accordance with the decision of the Board and where such a matter is covered by the recommendations made in the Report of the Committee constituted by Government’s Resolution No. F. 4 (26)/72/IR dated 19th July 1973, as accepted by the Government, together with modifications or alterations thereof as may, from time to time, have been or be made by the Government, such recommendations shall, until varied, be deemed to be decisions of the Board.
Interpretation of “Service”
52. In interpreting any of these regulations, unless the context otherwise requires, service of an officer, shall be regarded as including his service in the existing Bank and also his service in the Bank prior to the date of coming into force of these regulations.
Revocation of earlier rules etc.
53. Any rule, regulation, order, agreement, resolution or other instrument, or any usage, custom, convention or practice, governing any matter dealt with in any of these regulations including allowances, perquisites and facilities, shall, on the date when such regulation comes into force and unless the contrary is provided in these regulations, shall cease to have effect in regard to such matter.
Provided that these shall not affect the validity of anything done or any claim arising prior to that date in pursuance of such agreement, rule, regulation, resolution, other provision or usage, custom, convention or practice.
Interpretation 54. If any question arises as to the application or interpretation of any of these regulations, it shall be referred to the Board for its decision.
Schedule to Corporation Bank (Officers’) Service Regulations, 1982 (See sub-regulation (ii) of regulation 23) With effect from the 1st day of November, 2007, an officer shall be eligible for the Special Area Allowance till such time they are withdrawn or modified either wholly or partially, as specified in the Table below, namely:- TABLE Sr.
No. Area Allowances (Rs.)
Pay below Rs.14,700/- Pay above Rs.14,700/- 1 2 3 4
1. Mizoram
(a) Chimptuipui District of Mizoram and areas beyond 25 kms. from Lunglei Town in Lunglei District of Mizoram.
2000 2600
(b) Throughout Lunglei District excluding areas beyond 25 kms. from Lunglei town of Mizoram.
1600 2100
(c) Throughout Aizawl District of Mizoram 1200 1500
2. Nagaland 1600 2100
3.
Andaman and Nicobar Islands
(a) North Andaman, Middle Andamans, Little Andaman, Nicobar andNarcondum Islands 2000 2600
(b) South Andaman (including Port Blair) 1600 2100
4. Sikkim 2000 2600
5. Lakshadweep Islands 2000 2600
6. Assam 320 400
7. Meghalaya 320 400
8. Tripura
(a) Difficult areas of Tripura 1600 2100
(b) Throughout Tripura except difficult areas. 1200 1500
9. Manipur 1200 1500
10. Arunachal Pradesh Sr.
No. Area Allowances (Rs.)
Pay below Rs.14,700/- Pay above Rs.14,700/- 1 2 3 4
(a) Difficult areas of Arunachal Pradesh 2000 2600
(b) Throughout Arunachal Pradesh other than difficult areas.
1600 2100
11.
Jammu and Kashmir
(a) Kathua District:
Niabat Bani, Lohi, Malhar and Machhodi 2000 2600
(b) Udhampur District:
(i) Dudu Basantgarh, Lander Bhamag Illaqa, other than those included in Part 2(b).
2000 2600
(ii) Areas upto Goel from Kamban Side and areas upto Arnas from Keasi side in Tehsil Mohre.
1600 2100
(c) Doda District:
Illaquas of Padder and Niabat Nowgam in Kishtwar Tehsil 2000 2600
(d) Leh District :
All places in the District 2000 2600
(e) Barmulla District
(i) Entire Gurez-Nirabat, Tangdar Sub-Division and KeranIllaqua 2000 2600
(ii) Matchill 1600 2100
(f) Poonch and Rajouri District :
Areas in Poonch and Rajouri District excluding the towns of Poonch and Rajouri and Sunderbani and other urban areas in the two Districts.
1200 1500
(g) Areas not included in items (a) to (f) above, but which are within the distance of 8 kms. from the line of Actual Control or at places which may be declared as qualifying for border allowance from time-to-time by the State Government for their own staff.
1200 1500
12. Himachal Pradesh
(a) Chamba District
(i) Pangi Tehsil, Bharmour Tehsil, Panchayats :
Badgaun, Bajol, Deol Kugti, Nayagam and Tundah, Villages: Ghatu of Gram Panchayat Jagat, Kanarsi 2000 2600 Sr.
No. Area Allowances (Rs.)
Pay below Rs.14,700/- Pay above Rs.14,700/- 1 2 3 4 of Gram Panchayat Chauhata
(ii) Bharmour Tehsil, excluding Panchayats and Villages included in item (i) above.
1600 2100
(iii) Jhandru Panchayat in Bhatiyat Tehsil,Churah Tehsil, Dalhousie Town (including Banikhet proper).
1200 1500
(b) Kinnaur District:
(i) Asrang, Chitkul and Hango Kuno/ Charang Panchayats,15/ 20 Area comprising the Gram Panchayats of Chhota Khamba, Nathpa and Rupi, Pooh Sub-Division, excluding the Panchayat Areas specified above.
2000 2600
(ii) Entire District other than Areas included in (a) above.
1600 2100
(c) Kullu District:
(i) 15/20 Area of Nirmand Tehsil, comprising the Gram Panchayats of Kharga, Kushwar and Sarga 2000 2600
(ii) Outer-Saraj (excluding villages of Jakat-Khana and Burrow in Nirmand Tehsil) and entire District excluding outer Seraj area and pargana of Pandrabis but including villages Jagat-Khana and Burrow of Tehsil Nirmand).
1200 1500
(d) Lahaul and Spiti District :
Entire area of Lahaul and Spiti 2000 2600
(e) Shimla District :
(i) 15/20 area of Rampur Tehsil comprising of Panchayats of Koot, Labana-Sadana, Sarpara and Chadi-Branda.
2000 2600
(ii) Dora-Kawar Tehsil, Gram Panchayat of Darkali in Rampur, Kashapath Tehsil and Munish, Ghori Chaibis of Pargana Sarahan.
1600 2100 Sr.
No. Area Allowances (Rs.)
Pay below Rs.14,700/- Pay above Rs.14,700/- 1 2 3 4
(iii) Chopal Tehsil and Ghoris, Panjgaon, Patsnau, Naubis and Teen Koti of Pargana Sarahan, Deothi Gram Panchayat of Taklesh Area, Pargana Barabis, Kasba Rampur and Ghori Nog of Pargana Rampur of Rampur Tehsil, Simla Town and its suburbs (Dhalli, Jatog, Kasumpti, Mashobra, Taradevi and Tutu).
1200 1500
(f) Kangra District:
(i) Areas of Bara Bhangal and Chhota Bhangal 1600 2100
(ii) Dharamshala Town of Kangra District and the following offices located outside the Municipal limits but included in Dharamshala Town- Women’s ITI, Dari, Mechanical Workshop, Ramnagar, Child Welfare and Town and Country Planning Offices, Sakoh, CRSF Office at lower Sakoh, Kangra Milk Supply Scheme, Dugiar, HRTC Workshop, Sadher, Zonal Malaria Office, Dari, Forest Corporation Office, Shamnagar, Tea Factory, Dari, I.P.H. Sub-Division, Dan, Settlement Office, Shamnagar, Hinwa Project, Shamnagar.
Palampur Town of Kangra District including HPKVV Campus at Palampur and the following offices located outside its municipal limits but included in Palampur Town – H.P. Krishi Vishwavidhalaya Campus, Cattle Development Office/Jersey Farm, Banuri, Sericulture Office/Indo-German Agriculture Workshop/HPPWD Division, Bundla, Electrical Sub-Division, Lohna, D.P.O. Corporation, Bundla, Electrical HESEE Division, Ghuggar.
1200 1500
(g) Mandi District:
Chhuhar Valley of Jogindernagar Tehsil, Panchayats in thunag Tehsil-of Bagraa, Chatri, Chhotdhar, Garagushain, Gatoo, Garyas, Janjehli, Jaryar, Johar, Kalhani, Kalwan, Kholanal, Loth, Silibagi, Somachan, Thachdhar, Tachi, Thana, Panchayats of Dharampur Block- Binga, Kamlah, Saklana, Tanyar and Tarakholah, Panchayats of Karsog Tehsil – Balidhar, Bagra, Gopalpur, Khajol, Mahog, Mehudi, Manj, Pekhi, Sainj, Sarahan and Teban, Panchayats of Sundernagar Tehsil – Bohi, Batwara, Dhanyara, Paura-Kothi, Seri and Shoja.
1200 1500 Sr.
No. Area Allowances (Rs.)
Pay below Rs.14,700/- Pay above Rs.14,700/- 1 2 3 4
(h) Sirmaur District:
Panchayats of Bani, Bakhali (Pachhad Tehsil), BharogBheneri (Paonta Tehsil), Birla (Nahan Tehsil), Dibber (Pachhad Tehsil) and Thana Kasoga (Nahan Tehsil) and Thansgiri Tract 1200 1500
(i) Solan District :
Mangal Panchayat.
1200 1500
(j) Remaining areas of Himachal Pradesh not included in items (a) to (i) above.
320 400
13. Uttarakhand Areas under Chamoli, Pithoragarh, Uttarkashi, Rudraprayag and Champavat Districts.
2000 2600” Corporation Bank (Officers') Service Regulations, 1982
CHAPTER - I PRELIMINARY
CHAPTER II GRADES AND CATEGORISATION OF POSTS
CHAPTER – III FITMENT OF EXISTING OFFICERS AND PROMOTEES IN THE NEW GRADES AND SCALES OF PAY
CHAPTER - IV APPOINTMENT, PROBATION, CONFIRMATION, PROMOTION, SENIORITY AND TERMINATION
CHAPTER V ALLOWANCES
CHAPTER - VII LEAVE
CHAPTER - VIII REIMBURSEMENT OF EXPENSES ON TRAVEL
CHAPTER - X TRANSFERABILITY
CHAPTER - XI MISCELLANEOUS