Punjab & Sind Bank Officers/… Bare Act

The source publishes this enactment as a single document rather than provision by provision, so the whole text is below and there are no per-section pages for it. Nothing has been shortened.

Type	Regulations
Year	1980
Jurisdiction	Central
Ministry	Ministry of Finance
Status	In force as published by the source
Text	Published as one document, as the source published it
Subjects	financial

1 PUNJAB & SIND BANK पजंाब एण्ड स धं बैंक (OFFICERS’) SERVICE REGULATIONS-1982 (Updated up to Joint Note dated 25.05.2015) Punjab & Sind Bank Head Office Bank House, 21- Rajendra Place New Delhi-110008 2 INDEX

CHAPTER REGULATIONS SUBJECT PAGE NO.

I 1, 2 & 3 Preliminary 3-4 II 4, 5& 6 Grades and Categorization of Posts 5-15 III 7, 8, 9, 10, 11, 12 & 13 Fitment of Existing officers and promotees’ in the new grades and Scales of pay 16-20 IV 14, 15, 16, 17, 18, 19 & 20 Appointment, Probation, Confirmation, Promotion, Seniority and Termination 21-25 V 21, 22 & 23 Allowances 26-31 VI 24, 25, 26, 27, 28, 29 & 30 Perquisites 32-33 VII 31, 32, 33, 34, 35, 36, 37, 38, 39 & 40 Leave 34-37 VIII 41, 42, 43 & 44 Reimbursement of expenses on travel 38-42 IX 45 & 46 Terminal benefits 43-44 X 47, 48 & 49 Transferability 45 XI 50, 51, 52, 53 & 54 Miscellaneous 46 Schedule – Special Area Allowance 47-51 Schedule – Reimbursement of Hospitalisation Expenses 52-75 3 PUNJAB & SIND BANK (OFFICERS') SERVICE REGULATIONS, 1982 In exercise of the powers conferred by Section 19 read with sub-section (2) of section 12 of the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1980 (40 of 1980), the Board of Directors of Punjab & Sind Bank, in consultation with the Reserve Bank of India and with the previous sanction of the Central Government, hereby makes the following regulations, namely:

CHAPTER I PRELIMINARY

1. SHORT TITLE AND COMMENCEMENT

(1) These Regulations may be called Punjab & Sind Bank (Officers') Service Regulations, 1982.

(2)These regulations shall come into force on the 1st day of January 1983.

2. OFFICERS TO WHOM THE REGULATIONS APPLY

(1)These regulations shall apply to all officers of the Bank and to such other employees of the Bank to whom they may be made applicable by the Competent Authority to the extent and subject to such conditions as such Authority may decide.

(2)They shall also apply to officers transferred/posted/deputed outside India except to such extent as may be specifically or generally prescribed by the Competent Authority.

(3)They shall, however, not apply to employees appointed/ engaged in any country outside India and permanently serving there.

3. DEFINITIONS In these regulations, unless there is anything repugnant to the subject or context:

(a) "Appointed date" means the 1st day of January, 1983;

(b) "Bank" means Punjab & Sind Bank;

(d) "Calendar year" means the period commencing from the 1stday of January of a year and ending with the 31stday of December of the same year;

(e) "Competent Authority" means the authority designated for the purpose by the Board;

(f) "Emoluments" means the aggregate of salary and allowances, if any;

(g) “family” means the spouse of the officer, wholly dependent unmarried children (including step children and legally adopted children), wholly dependent physically and mentally challenged brother or sister with forty per cent or more disability, widowed daughters and dependent divorced or separated daughters, sisters including unmarried or divorced or abandoned or separated from husband or widowed sisters, and parents wholly dependent on the officer and in case of a married female officer may include her natural parents or parents-in-law, but not both.

Explanation.-“wholly dependent” shall mean such member of the family having an income not exceeding Rs. 10,000 per month and where the wholly dependent family members are parents, the income of any parent or the aggregate income of both the parents if exceeds Rs. 10,000 per month, both the parents shall not be considered as wholly dependent on the officer.’.

(h) "Government" means the Central Government;

(i) "Guidelines of the Government" shall mean such guidelines as may be issued by the Government and shall include the recommendations made in the report of the Committee constituted by the Government's Resolution No. F.4(26)/72-IR dated 19thJuly, 1973, as accepted by Government together with modifications or alternations thereof as may, from time to time, have been or be made by the Government;

(j) "Managing Director" means the Managing Director of the Bank;

(k) "Officer" means a person fitted into or promoted to or appointed to any of the grades specified in Regulation 4 and any other person, who immediately prior to the appointed date, was an officer of the Bank, and shall also include any specialist or technical person as fitted or promoted or appointed and any other employee to whom any of these regulations has been made applicable under regulation 2;

(l) "Pay" means basic pay including stagnation increments;

(m) "Salary" means the aggregate of pay and dearness allowance;

(n) "Year" means a continuous period of twelve months.

CHAPTER II GRADES AND CATEGORISATION OF POSTS

4. GRADES AND SCALES OF PAY

4. (1) On and from 1-11-1987, the scales of pay specified against each grade shall be as under:-

(a) Top Executive Grade:

Scale VII Rs.6400-150-7000 Scale VI Rs.5950-150-6550

(b) Senior Management Grade:

Scale V Rs.5350-150-5950 Scale IV Rs.4520-130-4910- 140-5050-150-5350

Scale III Rs.4020-120-4260-130-4910 Scale II Rs.3060-120-4260-130-4390

(d) Junior Management Grade:

Scale I Rs.2100-120-4020

4. (2) On and from 1-7-1993, the scales of pay specified against each grade shall be as under:

(a) Top Executive Grade:

Scale VII Rs.12650-300-13250-350-13600-400-14000 Scale VI Rs.11450-300-12650

(b) Senior Management Grade:

Scale V Rs.10450-250-11450 Scale IV Rs.8970-230-9200-250-10450

Scale III Rs.8050-230-9200-250-9700 Scale II Rs.6210-230-8740

(d) Junior Management Grade:

6 Scale I Rs.4250-230-4940-350-5290-230-8050

4. (3) With effect from 1-4-1998, the scales of pay specified against each grade shall be as under:- a) Top Executive Grade:

Scale VII Rs.19340-420/2-20180-520/1-20700-600/1-21300 Scale VI Rs.17660-420/4-19340

(b) Senior Management Grade:

Scale V Rs.16140-380/4-17660 Scale IV Rs.13900-340/1-14240-380/5-16140

Scale III Rs.12540-340/5-14240-380/5-15000 Scale II Rs.9820-340/11-13560

(d) Junior Management Grade:

Scale I Rs.7100-340/16-12540

4. (4) On and from 01-11-2002, the scales of pay specified against each grade shall be as under:-

(a) Top Executive Grade:

Scale VII Rs.29340-680/2-30700-900/1-31600-1000/1-32600 Scale VI Rs.26620-680/4-29340

(b) Senior Management Grade:

Scale V Rs.24140-620/4-26620 Scale IV Rs.20480-560/1-21040-620/5-24140

Scale III Rs.18240 -560/5-21040-620/2-22280 Scale II Rs.13820-500/1-14320-560/10-18240

(d) Junior Management Grade:

Scale I Rs. 10000-470/6-12820-500/3-14320-560/7-18240

4. (5) On and from 01-11-2007, the scales of pay specified against each grade shall be as under:

(a) Top Executive Grade:

7 Scale VII Rs.46800-1300/4-52000 Scale VI Rs.42000-1200/4-46800

(b)Senior Management Grade:

Scale V Rs.36200-1000/2-38200-1100/2-40400 Scale IV Rs.30600-900/4-34200-1000/2-36200

(c)Middle Management Grade:

Scale III Rs.25700-800/5-29700-900/2-31500 Scale II Rs.19400-700/1-20100-800/10-28100

(d) Junior Management Grade:

Scale I Rs.14500-600/7-18700-700/2-20100-800/7-25700

4. (6) With effect from the 01-11-2012, the scales of pay specified against each grade shall be as under:

(a) Top Executive Grade:

Scale VII = Rs.76520 - 2120/4 - 85000 Scale VI = Rs.68680 - 1960/4 – 76520

(b) Senior Management Grade:

Scale V = Rs.59170 - 1650/2 – 62470 - 1800/2 - 66070 Scale IV= Rs.50030 - 1460/4 – 55870 - 1650/2 – 59170

Scale III = Rs.42020 - 1310/5 – 48570 - 1460/2 - 51490 Scale II = Rs.31705 - 1145/1 – 32850 - 1310/10 – 45950

(d) Junior Management Grade:

Scale I = Rs.23700 - 980/7 - 30560 - 1145/2 – 32850 - 1310/7 – 42020

Explanation.- Every officer who is governed by the scales of pay as in force as on the 31st October, 2012 shall be fitted in the scale of pay set out in this sub-regulation as on 1st November, 2012 on stage to stage basis, or the corresponding stages from first stage onwards in the respective scales and the increments shall fall on the anniversary date as usual except where provided otherwise.

(7) Nothing in sub-regulations (1), (2), (3), (4), (5) and (6) shall be construed as requiring the Bank to have at all times, officers serving in all these grades.

(8) With effect from 01st day of November, 2012, officers shall be paid Special Allowance as under:

Scale I-III - 7.75% of Basic Pay plus applicable Dearness Allowance thereon 8 Scale IV-V - 10% of Basic Pay plus applicable Dearness Allowance thereon Scale VI-VII - 11% of Basic Pay plus applicable Dearness Allowance thereon

Provided that nothing in this sub-regulation shall be construed as requiring the bank to have at all times officers serving in this grade.

Note: The special allowance referred to in sub-regulation (8) with applicable Dearness Allowance thereon shall not be reckoned for superannuation benefits, such as pension including New Pension Scheme, Provident Fund and Gratuity.”.

5. INCREMENTS

5. (1) Subject to the provisions of sub-regulation (6) of regulation 4, on and from the 1stday of November, 2012, the increments shall be granted subject to the following, namely:-

(a) The increments specified in the scales of pay set out in sub-regulation (6) of regulation 4 shall, subject to the sanction of the Competent Authority, accrue on an annual basis and shall be granted on the first day of the month in which these fall due;

(b) One year after reaching the maximum in their respective scales,Officers in Scale I and Scale II, shall be granted further increments including stagnation increment in the next higher scale only as specified in clause (c) below subject to crossing the efficiency bar;

(c) Officers in Junior Management Grade Scale I who have moved to Middle Management Grade Scale II in terms of clause(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. 1310each and next two Rs. 1460each.

(d) Officers in Middle Management Grade Scale II who have moved to Middle Management Grade Scale III in terms of Clause (b) after reaching maximum of higher scale shall be eligible for three stagnation increments of Rs. 1460 each for every three completed years of service and a fourth stagnation increment of Rs. 1460two years after receipt of third stagnation increment.

Provided that officers who have completed two years or more after receipt of the third stagnation increment will get the fourth stagnation increment with effect from 01st May, 2015;

(e) Officers in substantive Middle Management Grade Scale III (those recruited in or promoted to Middle Management Grade Scale III) shall be eligible for three stagnation increments of Rs. 1460 each for every three completed years of service and fourth stagnation increment of Rs. 1460 to officers who have completed two years or more after releasing third stagnation increment as on 01st May, 2015 and a fifth stagnation increment of Rs. 1460 two years after receipt of fourth stagnation increment provided that the officers who have completed two years after receipt of the fourth stagnation increment shall be granted the fifth stagnation increment with effect from 01st May, 2015;

(f) Officers in Senior Management Grade Scale-IV shall be eligible for one stagnation 9 increment of Rs. 1650 three years after reaching the maximum of scale with effect from 01st May, 2015;

Provided that such increment shall not be allowed to an officer who refuses promotion when offered

Explanation.- Grant of such increments in the next higher scale under this subregulation shall not amount to promotion and the privileges, perquisites, duties and responsibilities of the officers shall continue as of their substantive posts.”;

5. (2) An additional increment each shall be granted in the scale of pay for passing part- I of CAIIB/Junior Associate of Indian Institute of Bankers and Part II/Certified Associate of the Indian Institute of Bankers Examination.

Explanation:

(a) In case of an officer who has passed Part-I or Part II of Certified Associate of Indian Institute of Bankers Examination as an officer before the appointed date, the additional increment, or increments as the case may be, shall be given effect to from the appointed date provided that he has not received any increment or received only one increment, for passing both parts of the said Examination.

(b) On and from 01.11.1987, officers who reach or have reached the maximum in the pay scale and are unable to move further except by way of promotion shall subject to government guidelines, if any, be granted Professional Qualification Allowance in lieu of additional increments in consideration of Passing CAIIB Examination as under:- TABLE Those who have passed only Part I of Certified Associate of Indian Institute of Bankers.

(i) Rs 100/-p.m. after one year, of which Rs 75/- shall rank for superannuation benefits.

Those who have passed both Parts of Certified Associate of Indian Institute of Bankers

(i) Rs 100/-p.m. after one year, of which Rs 75/- shall rank for superannuation benefits.

ii) Rs.250/- p.m. after two years, of which Rs 200/- shall rank for superannuation benefits.

(c)On and from 01.11.1994, other things being equal, the quantum of Professional Qualification Allowance shall stand revised as follows:- TABLE Those who have passed only Part (i) Rs.120/- p.m. after one year on 10 I of Certified Associate of Indian Institute of Bankers.

reaching top of the scale.

Those who have passed both Parts of Certified Associate of Indian Institute of Bankers

(i) Rs.120/- p.m. after one year on reaching top of the scale.

(ii) Rs.300/- p.m. after two years on reaching top of the scale.

Provided that officers who are eligible to draw Fixed Personal Allowance in terms of clause (b) of sub-regulation (3) of Regulation 5, shall draw Professional Qualification Allowance one year/two years after receipt of such Fixed Personnel Allowance respectively for part I and II as the case may be.

(d)On and from 01.11.1999, other things being equal, the quantum of Professional Qualification Pay shall stand revised as specified in the table below:

TABLE Those who have passed Junior Associate of Indian Institute of Bankers or Part-I Certified Associate of Indian Institute of Bankers

(i) Rs.150/- p.m. after one year on reaching top of the scale.

Those who have passed Junior Associate of Indian Institute of Bankers and Certified Associate of Indian Institute of Bankers or both parts of Certified Associate of Indian Institute of Bankers

(i) Rs.150/- p.m. after one year on reaching top of the scale.

(ii) Rs.360/- p.m. after two years on reaching top of the scale.

Provided that officers who are in Scale I and Scale II and are granted further increments in the next higher scale as in clause (b) of sub-regulation (1) shall draw Professional Qualification Pay after one or two years, as the case may be, on reaching the maximum in such higher scales.

(e) On and from 01.11.2002, other things being equal, the quantum of Professional Qualification Pay shall stand revised as specified in the table below:- TABLE Those who have passed Junior Associate of Indian Institute of Bankers or Part I of Certified Associate of Indian Institute of Bankers.

(i) Rs.300/- p.m. after one year on reaching top of the scale.

Those who have passed Junior Associate of Indian Institute of Bankers and Certified Associate of Indian Institute of Bankers or both parts of Certified Associate of Indian

(i) Rs.300/- p.m. after one year on reaching top of the scale.

(ii) Rs.750/- p.m. after two years on reaching top of the scale.

11 Institute of Bankers An officer employee acquiring JAIIB/CAIIB (either or both parts) qualifications after reaching the maximum of the scale of the pay, shall be granted from the date of acquiring such qualification the first installment of PQP and the release of subsequent installment of PQP.

Providing further that in a case where an officer, as on date of this joint note (i.e. 02nd June, 2005), has already acquired any of the above said qualifications and has not earned any increment or PQP on account of acquiring such qualification/s he may be with effect from 1st November 2002 or the date of acquiring such qualification/s whichever is later, release PQP as provided herein above.

(f) On and from the 01.11.2007, other things being equal, the quantum of Professional Qualification Pay shall stand revised as under: - TABLE Those who have passed Junior Associate of Indian Institute of Bankers or Part I Certified Associate of Indian Institute of Bankers.

(i) Rs.410/- p.m. after one year on reaching maximum of the scale.

Those who have passed Junior Associate of Indian Institute of Bankers and Certified Associate of Indian Institute of Bankers or both parts of Certified Associate of Indian Institute of Bankers

(i) Rs.410/- p.m. after one year on reaching maximum of the scale.

(ii) Rs.1030/- p.m. after two years on reaching maximum of the scale.

An Officer employee acquiring Junior Associate of Indian Associate of Indian Institute of Bankers or Certified Associate of Indian Institute of Bankers (either or both parts) qualifications after reaching the maximum of the scale of the pay, shall be granted from the date of acquiring such qualification the first installment of Professional Qualification Pay and the release of subsequent installments of Professional Qualification Pay.

Provided further that in a case where an officer, as on the date of this joint note (i.e. 27.04.2010) has already acquired any of the above qualifications and has not earned any increment or Professional Qualification Pay on account of acquiring such qualification/s he may be with effect from 1st November 2007 or the date of acquiring such qualification/s, whichever is later, release PQP as provided herein above.

(g)On and from 01st day of November, 2012, other things being equal, the quantum of Professional Qualification Pay shall stand revised as specified in table below:- TABLE

(1) (2) Those who have passed Junior Associate of Indian Institute of Bankers or Certified Associate of Indian Institute of Bankers- Part I

(i) Rs.670 per month, one year after reaching maximum of the Scale.

Those who have passed both parts of Certified Associate of Indian Institute of Bankers

(i) Rs.670 per month, one year after reaching maximum of the Scale.

(ii) Rs.1680 per month, two years after reaching maximum of the Scale;

Provided that an officer acquiring Junior Associate of Indian Institute of Bankers or Certified Associate of Indian Institute of Bankers (either or both parts) qualifications after reaching the maximum of the scale of pay, shall be granted from the date of acquiring such qualification, the first installment of Professional Qualification Pay and the release of subsequent installments of Professional Qualification Pay shall be with reference to the date of release of first installment of Professional Qualification Pay.”;

NOTE:

(i) If an officer who is in receipt of Professional Qualification Pay is promoted to next higher scale, he shall be granted, on fitment in such higher scale, additional increment(s) for passing JAIIB/CAIIB to the extent increments are available in the scale and if no increments are available in the scale, the officer shall be eligible for Professional Qualification Pay in lieu of increment(s).

(ii) On and from 01.11.1994 Professional Qualification Allowance or Professional Qualification Pay, as the case may be, shall rank for Dearness Allowance, House Rent Allowance and Superannuation Benefits.

(iii) An officer shall not be eligible for professional qualification Pay, as above, if he refuses to accept promotion when offered.

(iv) If an officer acquiring Junior Associate of Indian Institute of Bankers or Certified Associate of Indian Institute of Bankers (either or both parts) qualifications after reaching the maximum of the scale of pay, shall be granted from the day of acquiring such qualification the first installment of Professional Qualification Pay and release of subsequent installments of Professional Qualification Pay shall be with reference to the date of release of first installment of Professional Qualification Pay.

3(a)All officers who are in the Bank's permanent service as on 1st November, 1993 will get one advance increment in the scale of pay. Officers, who are on probation on 13 1st November, 1993 will get one advance increment one year after confirmation.

NOTE:

There shall be no change in the date of annual increment because of advance increment.

(b) An officer who is at the maximum of the scale or who is in receipt of stagnation increment(s) as on 1st November, 1993, will draw a Fixed Personal Allowance from 1st November, 1993 which shall be equivalent to an amount of last increment drawn plus dearness allowance payable thereon as on 1st November, 1993, plus House Rent Allowance, at such rates as applicable in terms of Regulation 22. The fixed Personal Allowance given hereunder together with House Rent Allowance, if any, shall remain frozen for the entire period of service:- TABLE Increment Component Dearness Allowance as on

1.11.1993 on the increment components Total F.P.A. payable where bank’s accommodation is provided (A) (B) (C) Rs. Rs. Rs.

230 5.79 236 250 6.30 257 300 7.56 308 400 10.08 411

(c) On and from 1st November, 1999 other things being equal, the Fixed Personal Pay with House Rent Allowance, if any, shall be as specified in the table below:- TABLE Increment Component Dearness Allowance as on

1.11.1997 on the increment components Total F.P.A. payable where bank’s accommodation is provided (A) (B) (C) Rs. Rs. Rs.

340 4.28 345 380 4.78 385 420 5.29 426 600 7.56 608

(d) On and from 1st November, 2004 other things being equal, the Fixed Personal Pay with House Rent Allowance, if any, shall be as given hereunder:- TABLE Increment Component Dearness Allowance as on

1.11.2002 on the increment components Total F.P.A. payable where bank’s accommodation is provided (A) (B) (C) 14 Rs. Rs. Rs.

560 23 583 620 25 645 680 28 708 1000 41 1041

(e) On and from 1st November, 2007 the Fixed Personal Pay with House Rent Allowance, if any, shall be at the following rates and shall remain frozen for the entire period of service:- TABLE Increment Component Dearness Allowance as on

1.11.2007 on the increment components Total F.P.A. payable where bank’s accommodation is provided (A) (B) (C) Rs. Rs. Rs.

800 58 858 900 65 965 1000 72 1072 1100 79 1179 1200 86 1286 1300 94 1394

(f) On and from the 1st November, 2012, other things being equal, Fixed Personal Pay together with House Rent Allowance shall be at the following rates and shall remain frozen for the entire period of service:- TABLE NOTE:

“(i) Fixed Personal Allowance or Fixed Personal Pay as indicated under column (3) in clauses (b), (c), (d), (e) and (f) of this sub regulation shall be payable to those officers who are provided with bank’s accommodation.

(ii) Fixed Personal Allowance or Fixed Personal Pay for officers eligible for House Rent Allowance shall be aggregate amount specified under columns (1) and (2) of the Table Increment Component (Rs.)

Dearness Allowance as on

01.11.2012 on the increment components (Rs.)

Total Fixed Personal Pay payable where bank’s accommodation is provided (Rs.)

(1) (2) (3) 1310 143 1453 1460 159 1619 1650 180 1830 1800 196 1996 1960 214 2174 2120 231 2351 15 under clause (f) and House Rent Allowance drawn by the concerned officerwhen the last increment of the relevant scale of pay as specified in sub-regulations (2), (3),

(4),(5) and (6) of regulation 4 is earned.

(iii) Only officers who were in the service of the bank on or before 01st November, 1993 shall be eligible for Fixed Personal Pay one year after reaching the maximum scale of pay they are placed.

(iv) On and from 1st November, 1999 there shall be no change in the schedule of release of Professional Qualification Pay as in Explanation (c) of sub-regulation (2) on account of release of Fixed Personal Pay:

Provided that where any installment of professional Qualification Pay which on account of the earlier provisions has been shifted by a year and is scheduled for release on or after to 1st November, 1999, it shall be released to the officer on and from that date and second installment of Professional Qualification Pay, if any, shall be released on 1st November, 2000.

(v) The increment component of Fixed Personal Allowance or Fixed Personal Pay shall rank for superannuation benefits.

(vi) An officer who has earned the advance increment as in clause (a) of this subregulation shall draw the quantum of Fixed Personal Allowance or Fixed Personal Pay as mentioned in clauses (b), (c), (d), (e) or (f) above, one year after reaching the maximum of scale.”

6. CATEGORISATION:

(1) Having regard to the responsibilities and functions exercisable, every post of an Officer in the Bank shall be categorized by the Board or any Authority specified by the Board in this behalf as falling in any one of the grades or scales mentioned in regulation 4 and such categorization may be reviewed by the Board or such Authority.

Provided that the categorization of the posts in existence on the appointed date shall be done before the expiry of two years from that date in accordance with guidelines of the government, if any, and shall, in respect of the posts in the Senior Management and Top Executive Grades, be done by a committee of the Managing Director and such other persons as may be appointed by the Government for the purpose.

(2) For the purpose of categorization of posts under sub-regulation (1), every branch of the Bank shall be classified by the Bank, in accordance with criteria to be approved by the Board of the Bank, as Small, Medium, Large, Very Large or Exceptionally Large category.

CHAPTER III FITMENT OF EXISTING OFFICERS AND PROMOTEES IN THE NEW GRADES AND SCALES OF PAY

7. CATEGORISATION ON THE APPOINTED DATE Subject to the provisions of regulation 6, the officers in the Bank in the existing posts or scale immediately before the appointed date shall be categorized as specified in the Table below TABLE Posts or Scales immediately on the appointed date.

Grades or Scale in which placed 1 2 General Manager Top Executive Grade Scale-VII Joint General Manager/ Deputy General Managers Top Executive Grade Scale- VI Assistant General Managers Senior Management Grade Scale-V Area Managers /Chief Managers Senior Management Grade Scale-IV Senior Managers Middle Management Grade Scale-III Managers Middle Management Grade Scale-II Sub-Managers other than those fitted in Scale II Junior Management Grade Scale I

Provided that any difficulties and anomalies arising out of the above categorization shall be referred to a committee consisting of the Managing Director and such other persons as may be appointed by the Government for this purpose for its decision.

8. FITMENT IN THE SCALES OF PAY

(1) Every officer of the Bank who has been categorized as per regulation 7 in the grade or scale specified in column 2 of the table thereof as on the appointed date shall be fitted in the Scale of pay applicable to that grade or scale in accordance with the guidelines of the Government.

(2) Subject to sub-regulation (3), on being so fitted in the new scale of pay, such officer shall be eligible to draw the next increment, if any, in such new scale on the date on which he would have been eligible to draw an increment immediately prior to the appointed date unless intimated to the contrary.

(3) Where two or more officers of different seniorities in the scales of pay immediately prior to the appointed date are fitted at the same stage in the new scale of pay, different dates may be fixed for the eligibility of such officers for the next increment in the new scale of pay.

(4) Where in the course of aforesaid scheme of fitment, officers have to be fitted in two different scales depending on whether they are located in the Head Office or in the field or metropolitan areas or other areas, the mere fact that on the appointed date they happen to be posted at a particular place or office shall not by itself entitle them to a fitment in a particular grade, and the Bank may make suitable changes in placements so as to fit them in an appropriate grade, having due regard to their inter-se seniority.

9. ADJUSTMENT ALLOWANCE If the pay of an officer after fitment in the new Scale of pay in the manner referred to in regulation 8 is at the maximum of that scale and even then the salary of such officer is lower than the aggregate of pay and dearness allowance payable to him immediately before such fitment, together with additional increment, if any, that may be taken into account for fitment of an officer in the category to which he belongs, the difference shall be paid to him by way of adjustment allowance till such time as he is promoted to a higher scale. If salary on such promotion is still less than the aggregate of salary and adjustment allowance payable to him immediately before such promotion, the difference shall continue to be paid to him as adjustment allowance, so, however, the adjustment allowance payable after such promotion shall be absorbed in the future increments to the extent of 33-1/3% of each such increment or of 33-1/3% of the increase in the salary as a consequence of such increment, whichever is lower.

10. PERSONAL ALLOWANCE

(1)If the salary and allowances, if any, payable under these regulations to an officer after fitment in the new scale of pay in the manner referred to in regulation 8 is lower than the aggregate of pay and such allowances as are set out in the explanation to this regulation and were payable to him immediately before such fitment, the difference shall be paid to him as a personal allowance which shall be absorbed in the future increments to the extent of 33-1/3% of each such increment or of 33-1/3 % of the increase in the salary as a consequence of such increment, whichever is lower.

Explanation: The allowances referred to in this regulation payable before fitment are the following:

(i) House Rent Allowance; wherever payable

(ii) Adjustment Allowance;

(iii) Head Office Allowance;

(iv) Personal Allowance;

Note: The House Rent Allowance, wherever payable shall means:

(a) Where House Rent Allowance was payable to the officer immediately before such fitment, the amount of such allowance; or

(b) Where immediately before such fitment in accordance with the rules of service then applicable to an officer had been provided with free unfurnished accommodation or allowed to hire accommodation on reimbursement basis, an amount equivalent to 10% of the new basic pay on fitment and where an officer had been provided with free furnished accommodation, an additional amount equivalent to 2-1/2% of the new basic pay on fitment;

Provided that where an officer is eligible for House Rent Allowance in terms of Regulation 22, the amount of personal allowance, if any, payable to him shall be set off against such House Rent Allowance and the difference, if any, after such set off, shall alone be payable to him.

(2) For the purpose of computation of the personal allowance provided in sub-regulation

(1) above, such of the foregoing allowances, excluding City Compensatory Allowance, as mentioned in the Explanation above would have ceased at any time to be payable to the officer under the rules applicable to him before fitment in the new scale shall be excluded.

11. ABSORPTION AGAINST FUTURE INCREMENTS AND INCREASES For the purpose of absorbing the allowance mentioned in regulation 9 and 10, the 33- 1/3% referred to therein shall be applied firstly for absorbing the adjustment allowance, if so necessary, and then the personal allowance.

12. OPTION FOR EXISTING OFFICERS

(1) Notwithstanding anything contained in these regulations, an officer in the service of the Bank immediately before the appointed date shall have the option to continue even after that date in the scale of pay applicable to him immediately before the appointed date by communicating to the Bank within 30 days of the receipt of the intimation regarding his fitment in the new scale of pay:

Provided that such option shall continue to have effect only till the officer is promoted to a scale in the scales of pay set out in regulation 4 higher than the scale of pay to which the scale of pay under his entitlement immediately before the appointed date corresponds, in accordance with regulation 7.

(2) Save as provided in sub-regulation (3), where an officer has exercised such option, he shall continue to draw pay and allowances according to his entitlement in the service of the Bank immediately prior to the appointed date;

Provided that in any case, the officer shall not be eligible for the perquisites under such entitlement but shall be entitled only to such perquisites as are admissible to him under these regulations.

(3)Any officer who has exercised option referred to in sub-regulation (1) and continues to draw pay and allowances according to his entitlement in the service of the Bank immediately prior to the appointed date, in terms of sub-regulation (2) shall be allowed to opt for pay and allowances as applicable under these regulations on and from

01.02.1984. On exercising such option, he will be fitted notionally on the appointed date into the new scale of pay in the manner referred to in regulation 8, and after granting him the increments he would have received in terms of these regulations up-to

31.01.1984, he shall be fitted in the scale of pay set out in Regulation 4(1) as on

01.02.1984 in accordance with the guidelines of the Government issued there under.

Provided that if the aggregate of pay and allowances payable under these regulations to the officer after fitment as above is lower than the aggregate of pay and allowances that were payable to him as on 31.01.1984 before such fitment, the difference shall be paid to him as a personal allowance which shall be absorbed in the future increments to the extent of 33-1/3% of each such increment or 33-1/3% of the increase in the salary as a consequence of such increment, whichever is lower.

(4) Any officer:-

(a) who had exercised option referred to in sub-regulation (1): and

(b) who continued even after the first day of February, 1984 to draw pay and 20 allowances applicable to him immediately before the appointed date: and

(c) who continues in regular service of the bank on or after the first day of April, 1997 may be allowed to opt for pay and allowances as applicable under these regulations on and from the first day of April, 1997, on exercising such option, he will be fitted on the pay in such a manner that the pay as set out in Regulation 4(2) along-with the dearness allowance payable thereon as on 01.04.1997 is nearest to his existing salary (i.e. pay plus dearness allowance) being drawn in terms of sub-regulation (2) on 31.03.1997.

13. APPEAL AGAINST FITMENT

(1) Any officer aggrieved by a fitment accorded to him in the new scales of pay may, prefer an appeal to the Committee constituted by the Board for this purpose.

(2)Such appeal shall be preferred within 30 days of the receipt of the communication of the fitment accorded to him.

(3)The committee may, after giving an opportunity to the officer concerned to make his representation in the matter make such decision as it thinks fit;

Provided that the Board may of its own motion review any such decision, and where it reviews any such decision, it shall give an opportunity to the officer concerned to make his representation in the matter.

CHAPTER IV APPOINTMENT, PROBATION, CONFIRMATION, PROMOTION, SENIORITY AND TERMINATION

14. APPOINTMENTS All appointments in, and promotions, to the Officer Grade shall be made by the Competent Authority in the light of the guidelines of the Government, if any.

15. PROBATION

(1)An officer directly appointed to the Junior Management Grade shall be on probation for a period of two years.

(2) An employee of the Bank promoted as an officer in the Junior Management Grade shall be on probation for one year.

(3) An officer appointed to any other grade shall be on probation for such period as may be decided by the Bank

Provided that the Competent Authority may, in the case of any officer reduce the period of probation or dispense with probation.

16. CONFIRMATION

(1) An officer shall be confirmed in the service of the Bank, if in the opinion of the Competent Authority, the officer has satisfactorily completed the training in any institution to which the officer may have been deputed for training and the in-service training in the Bank:

Provided that an officer directly recruited to the Junior Management Grade may be required also to pass a test in a language other than his mother tongue.

(2)If in the opinion of the Competent Authority an officer has not satisfactorily completed either or both the trainings referred to in sub-regulation (1), or if the officer has not passed the test referred to therein, the officer's probation may be extended by further period not exceeding one year.

(3)Where during the period of probation, including the period of extension, if any, the Competent Authority is of the opinion that the officer is not fit for confirmation:

(a) In the case of a direct appointee, his services may be terminated by one month's notice, or payment of one month's emoluments in lieu thereof; and

(b) In the case of promotee from the Bank's service, he may be reverted to the Grade or Cadre from which he was promoted.

17. PROMOTIONS

(1) Promotions to all Grades of officers in the Bank shall be made in accordance with the policy laid down by the Board from time to time, having regard to the guidelines of the Government, if any.

(2)For the avoidance of doubts, it is clarified that this regulation shall also apply to promotions of any category of employees to the Junior Management Grade.

18. SENIORITY

(1) Each year the Bank shall prepare a list of officers in its service showing their names in the order of their seniority on an all India basis and containing such other particulars as the Bank may determine. A copy of such list shall be kept at every branch or office of the Bank.

(2)Seniority of an officer in a grade or scale shall be reckoned with reference to the date of his appointment in that grade or scale. Where there are two or more officers of the same length of service in that grade or scale, their inter-se seniority shall be reckoned with reference to their seniority in the immediately preceding grade or scale or the previous cadre to which they belonged to in the Bank's service. Where two or more officers have the same length of service in such preceding grade or scale or such previous cadre their seniority shall be determined with reference to their seniority in the immediately preceding grade or scale or cadre, as the case may be.

(3) Subject to the provisions of sub-regulation (2):

(a) The inter-se seniority of officers directly recruited in a batch to any grade or scale shall be reckoned with reference to the rank allotted to them at the time of such recruitment;

(b) If officers recruited under the general category and reserved category are allotted to any Bank, the seniority inter-se amongst the candidates so allotted who join on the same date shall be determined in accordance with the marks obtained by such candidates without adding notional marks for the reserved candidates;

(c) If two or more categories of officers, such as technical field officers, agricultural field officer and general officers join on the same date and if there is no system of maintaining separate seniority list for the different categories of officers, seniority in the common seniority list shall be determined on the basis of their date of birth.

(4) In the case of an officer whose probation has been extended, his seniority shall be reckoned just below all the officers, if any, recruited or promoted in the same batch along with him.

(5)Nothing in this regulation shall effect the seniority among themselves of the officers as existing immediately prior to the appointed date.

19. AGE OF RETIREMENT

(1) The age of retirement of an officer employee shall be as determined by the Board in accordance with the guidelines issued by the Government from time to time.

Provided that the bank may, at its discretion, on review by the special committee / Special Committees as provided hereinafter in sub-regulation (2) retire, if it is considered necessary to do so in the public interest, an officer employee on or at any time after the completion of 55 years of age or on or at any time after the completion of 30 years of total service as an officer employee or otherwise, whichever is earlier;

Provided further that before retiring an officer employee, at least three months' notice in writing or an amount equivalent to three months' substantive salary pay and allowances, shall be given to such officer employees;

Provided further that an officer aggrieved by the order of the Competent Authority, as provided in sub-regulation (2) may, within one month of the passing of the order, give in writing a representation to the Board of Directors against the decision of the Competent Authority, and on receipt of such representation from the concerned officer, the Board of Directors shall consider his representation and take a decision within a period of three months. Where the Board of Directors decides that the order passed by the Competent Authority is not justified, the concerned officer shall be reinstated as though the Competent Authority had not passed the order.

Provided also that nothing in this regulation shall be deemed to preclude an officer employee from retiring earlier pursuant to the option exercised by him in accordance with the rules of the Bank

Explanation: An officer employee shall retire on the last day of the month in which he completes his age of retirement.

Provided that an officer employee whose date of birth is on the first day of a month shall retire from service on the afternoon of the last day of the preceding month on attaining the age of retirement

19.(2) The Bank shall constitute a Special Committee /Special Committees consisting of not less than three members, to review, whether an officer employee should be retired in accordance with the first proviso to sub regulation (1). Such Committee/committees shall, from time to time, review the case of each officer employee, and no order of retirement shall be made unless the Special Committee/Special committees recommend in writing to the Competent Authority the retirement of the officer employee.

20. TERMINATION OF SERVICE

(1)(a) Subject to sub-regulation 3 of Regulation 16, where the Bank is satisfied that the performance of an officer is unsatisfactory or inadequate or there is a bonafide suspicion about his integrity or his retention in the Bank's service would be prejudicial to the interests of the Bank, and where it is not possible or expedient to proceed against him as per the disciplinary procedure, the bank may terminate his services on giving 24 him three months' notice or emoluments in lieu thereof in accordance with the guidelines issued by the Government from time to time.

(1)(b)Order of termination under this sub-regulation shall not be made unless such officer has been given a reasonable opportunity of making a representation to the Bank against the proposed order.

(1)(c)The decision to terminate the services of an officer employee under sub-regulation

(a) above will be taken only by the Chairman and Managing Director.

(1)(d)The officer employee shall be entitled to appeal against any order passed under sub-regulation (a) above by preferring an appeal within 15 days to the Board of Directors of the Bank. If the appeal is allowed, the order under sub-regulation (a) shall stand cancelled.

(1)(e) Where an officer employee whose services have been terminated and who has been paid an amount of three months emoluments in lieu of notice and on appeal his termination is cancelled, the amount paid to him in lieu of notice shall be adjusted against the salary that he would have earned, had his services not been terminated and he shall continue in the Bank's employment on same terms and conditions as if the order of termination had not been passed at all.

(1)(f) An officer employee whose services are terminated under sub-regulation (a) above shall be paid Gratuity, Provident Fund including employer's contribution and all other dues that may be admissible to him as per rules notwithstanding the years of service rendered.

(1)(g)Nothing contained herein above will affect the Bank's right to retire an officer employee under Regulation 19(1).

(2) An officer shall not leave or discontinue his service in the Bank without first giving a notice in writing of his intention to leave or discontinue his service or resign. The period of notice required shall be 3 months and shall be submitted to the Competent Authority as prescribed in these regulations.

Provided further that the Competent Authority may reduce the period of 3 months or remit the requirement of notice.

(3)(i)An officer against whom disciplinary proceedings are pending shall not leave/discontinue or resign from his service in the bank without the prior approval in writing of Competent Authority and any notice or resignation given by such an officer before or during the disciplinary proceedings shall not take effect unless it is accepted by the Competent Authority.

(3)(ii) Disciplinary proceedings shall be deemed to be pending against any employee for the purpose of this regulation if he has been placed under suspension or any notice has been issued to him to show cause why disciplinary proceedings shall not be instituted against him and will be deemed to be pending until final orders are passed by the 25 Competent Authority.

(3)(iii) The officers against whom disciplinary proceedings have been initiated will cease to be in service on the date of superannuation but the disciplinary proceedings will continue as if he was in service until the proceedings are concluded and final order is passed in respect thereof. The concerned officer will not receive any pay and/or allowance after the date of superannuation. He will also not be entitled for the payments of retirement benefits till the proceedings are completed and final order is passed thereon except his own contribution to CPF.

CHAPTER V ALLOWANCES

21. DEARNESS ALLOWANCES

(1) On and from 01.11.1987, Dearness Allowance Scheme shall be as under:-

(a) 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.

(b) 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/-.

(2) On and from 01.07.1993, Dearness Allowance Scheme shall be as under:-

(a) 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

(b) Dearness Allowance shall be payable as per the following rates:- i. 0.35% of 'pay' upto Rs.4800/- plus, ii. 0.29% of 'pay' above Rs.4800/- to Rs.7700/- plus, iii. 0.17% of 'pay' above Rs.7700/- to Rs.8200/- plus, iv. 0.09% of 'pay' above Rs.8200/-.

(3) On and from 01.04.1998, Dearness Allowance Scheme shall be as under:-

(a) 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” up-to 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) (a) For the period from 01st November 2002 to 31st January 2005, 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 at the following rates:

i. 0.18% of “Pay” up-to 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, 27 iv. 0.04% of “Pay” above Rs.16350/-

(b) On and from 1st February, 2005, 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 Index (General) Base 1960=100 at 0.18% of pay.

(5) On and from 01stday of November, 2007, Dearness Allowance shall be payable for every rise or fall of four 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.

(6) On and from the 01stday of November, 2012, Dearness Allowance shall be payable for every rise or fall of four points over 4440 points in the quarterly average of the All India Average Working Class Consumer Price Index (General) Base 1960=100 at

0.10% 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 plus Special Allowance;

(b)Professional Qualification Allowance or Professional Qualification Pay as specified in

Explanations (c), (d), (e), (f) and (g) to the explanation in sub-regulation (2) of regulation 5 shall rank for dearness allowance”.

22. House Rent Allowance

(1)on and from the 1st day of November, 2012,

(a) Where an officer is provided with residential accommodation by the Bank, a sum equal to 0.75 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 Place of work(1) House Rent Allowance(2)

(i) Major “A” Class Cities and project Area Centres in Group A

9.0% of Pay

(ii) Other places in Area I and Project Area Centres in Group B and State of Goa

8.0% of Pay

(iii) Other places 7.0% 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 0.75 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 28 aforesaid rates mentioned in column (2) of the above table.

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.”;

(2) 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 clause (b) of subregulation 1 as if he was paying by way of monthly rent a sum equal to one twelfth of the higher of (A) or (B) below.

The aggregate of:- (A)

(i) Municipal taxes in respect of the accommodation; and

(ii) 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:

(1) For the purpose of this Regulation "Standard rent" means:-

(a) 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:

(b) Where accommodation has been hired by the bank, contractual rent payable by the bank or rent calculated in accordance with the procedure specified 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 Pay Allowance or Professional Qualification Pay as the case may be, shall rank for House Rent allowance with effect from the 1st day of November, 1994.

(4) For the purpose of sub-regulation (1) 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 29

23. OTHER ALLOWANCES An officer shall be eligible for the following other Allowances, namely:-

(1)City Compensatory Allowance On and from 01.11.2012, if an officer is serving in a place mentioned in column (1) of the table below, a City Compensatory Allowance at the rate mentioned in column (2) thereof against that place shall be payable, TABLE Places Rate

(1) (2) i) Places in Area 1 and in the State of Goa 4% of basic pay subject to a maximum of Rs.870 per month ii) Places with population of five lakhs and over and State Capitals and Chandigarh, Puducherry and Port Blair 3% of basic pay subject to a maximum of Rs.600 per month”;

iii) Other Places Nil

(2) Special Area Allowance On and from the 01stday of November, 2012, 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 01stday of November, 2012, if an officer is serving in an area specified as Project Area falling in Group A or Group B, he shall be eligible for a Project Area Compensatory Allowance at the rate of Rs.400/- per month or Rs.350/- per month according to the classification of area as Group A or Group B respectively.

(4)Mid Academic Year Transfer Allowance On and from the 1st day of June 2015, 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.1100/- 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 01stday of June 2015, 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% of pay subject to a maximum Rs.4000/- 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 Rs.2000 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.2000 per month.

(6) Officiating Allowance On and from 01.11.1999 if an officer is required to officiate in a post in a higher scale for a continuous period of not less than 7 days at a time or an aggregate of 7 days during a calendar month, he shall receive an officiating allowance equal to 6% of his pay, prorata for the period for which he officiates. Officiating allowance will rank as 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 categorization of posts under Regulation 6, he shall not be eligible for the Officiating Allowance for a period of one year from the date on which the review of the categorization takes effect.

(7) Closing Allowance On and from financial year 1989-90 if he is posted at a branch where books are closed on 31st March and 30th September, a closing allowance of Rs. 150/- for each of the two closings.

Provided that on and from financial year 1997-98, the provisions of the subregulation shall have effect as if for the letters and figures “Rs. 150” the letters and figures “Rs. 250” had been substituted.

(8) Split Duty Allowance On and from the 1st day of November, 2012, if the working hours during a day are split with minimum interval of two hours, an officer shall be eligible for a Split Duty Allowance at the rate of 4 per cent of his pay subject to a maximum of Rs. 2000 per month.”;

(9)Diem Allowance to custodian of vault or locker on a holiday.

If an officer is required to work as custodian of a vault or locker on a holiday, he shall be eligible for a Diem Allowance at the rate to which he is entitled.

(10)Hill and Fuel Allowances On and from the 1st day of November, 2012, an officer shall be eligible for the hill and fuel allowance as specified in the table below, namely:- 31 TABLE Place

(1) Rate

(2)

(i) Place with an altitude of 1000 metres and above but less than 1500 metres and Mercara Town 2% of pay subject to a maximum of Rs.750 per month

(ii) Place with an altitude of 1500 metres and above but less than 3000 metres

2.5% of pay subject to a maximum of Rs.1000 per month

(iii) Place with an altitude of 3000 metres and above 5% of pay subject to a maximum of Rs.2000 per month”;

Note:

(a) Officers posted at places with an altitude of not less than 750 metres and which are surrounded by hills with higher altitude which cannot be reached without crossing an altitude of 1000 metres or more, shall be paid hill and fuel allowance at the same rate as is payable at centres with an altitude of 1000 metres 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 May, 1989 and remained posted at that center even after that date, the quantum of allowance which he was drawing as at 30th April, 1989 shall be protected and paid to him every month till the time he remains posted at that center in the same scale of pay.

CHAPTER VI PERQUISITES

24. MEDICAL AID 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:-

(1) Medical Expenses: On and from the 1st day of November 2012, 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

(1) (2) Junior Management and Middle Management Grade Rs.8000/- per annum or the amount incurred whichever is less Senior Management and Top Executive Grade Rs.9050/- per annum 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 2012, the reimbursement of medical expenses under the medical aid scheme shall be enhanced proportionately for two months, that is, November 2012 and December, 2012.

Explanation: “Family” of an officer for the purpose of this regulation shall mean the family as defined in clause (f) of regulation 3.

(1A) Hospitalization Expenses:

An officer shall be eligible for medical insurance facility for self and his family, as per the terms and conditions specified by the Board.

25. RESIDENTIAL 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, 2012, a sum equal to 0.75 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:

Provided that where the officer is provided with furniture at such residence, a further sum equal to 0.15 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.

26. BANK'S CAR FOR PERSONAL PURPOSE

(1)No officer, other than the officers authorized by the Board, in accordance with the guidelines of the Government, shall be allowed the use of the Bank's car for personal purposes.

(2) The use of the Bank's car for personal purposes should be subject to the rules formulated by the Bank in accordance with the guidelines of the Government from time to time.

27. LOANS FOR THE PURCHASE OF CONVEYANCE The bank may grant to an officer confirmed in the Bank's service, loans for the purchase of a motor car or other conveyance, subject to such terms and conditions as the Board may decide either generally or with reference to any particular loan having regard to the guidelines of Government.

28. LOANS FOR THE PURCHASE OF HOUSES The Bank may grant to an officer confirmed in the Bank's service a loan for the purchase of land for construction of a house or for purchase or construction of a house, flat or apartment or for extension or renovation of a house, flat or apartment, on such terms and conditions as the Board may decide generally or with reference to any particular loans having regard to the guidelines of the Government.

29. ENTERTAINMENT EXPENSES AND CLUB MEMBERSHIP FEES The Bank may reimburse to an officer such entertainment expenses, and such fees for membership of clubs and professional institutions as may be decided by the Board in accordance with the guidelines of the Government.

30. PREFERENTIAL INTEREST RATES ON DEPOSITS The Bank may allow 1% additional rate of interest over its ruling rate of interest on Fixed Deposits, Saving Deposits and Recurring Deposits in the name of an officer, individually or jointly with any members of his family.

CHAPTER VII LEAVE

31. KINDS OF LEAVE Subject to the grant of leave being determined by the exigencies of service, an officer shall be eligible for the following kinds of leave:

a) Casual Leave b) Privilege Leave c) Sick Leave d) Special Sick Leave e) Maternity Leave f) Extra Ordinary Leave on loss of pay g) Special Casual Leave and Special Leave.

32. CASUAL LEAVE

(1) An officer shall be eligible for Casual Leave on full emoluments for twelve working days in a year provided that not more than four days Casual Leave may be availed of at any one time.

(2) Casual Leave not availed of in any year may be suffixed or prefixed to Sick Leave in the following three years.

33. PRIVILEGE LEAVE

(1)An officer shall be eligible for Privilege Leave computed at one day for every eleven days of service on duty provided that at the commencement of service no Privilege Leave may availed of before completion of eleven months of service on duty.

(2) An officer on Privilege Leave shall be entitled to full emoluments for the period of leave.

(3) The period of Privilege Leave to which an officer is entitled at any time shall be the period which he has earned, less the period of leave availed of.

(4) On or from 01st Day of June, 2015, Privilege Leave may be accumulated up to not more than two hundred and seventy days except where leave has been applied and it has been refused.

Provided that encashment of Privilege Leave shall be restricted up to maximum of two hundred and forty days:

Provided further that an officer desiring to avail privilege leave shall ordinarily give not less than fifteen days’ notice of his intention to avail of such leave.

(5) An officer desiring to avail of Privilege Leave shall ordinarily give not less than fifteen days’ notice of his intention to avail of such leave.

34. SICK LEAVE

(1)On and from 01.01.1989, an officer shall be eligible for 30 days of sick leave for each completed year of service subject to a maximum of 18 months during the entire service.

Such leave can be accumulated up to 540 days during the entire service and may be availed of only on production of medical certificate by a medical practitioner acceptable to the bank or at the bank's discretion nominated by it at its cost.

(2) In respect of the period of Sick Leave an officer shall be eligible to receive one half of the full emoluments.

Provided that if an officer so desires, the Bank may permit him to draw full emoluments in respect of any portion of the Sick Leave granted to him twice the amount of such period on full emoluments being debited against Sick Leave Account.

(3) The Bank may require any officer desiring to resume duty on the expiry of Sick Leave, to produce medical certificate saying that he is fit for duty.

(4) On and from 01st day of June, 2015, Special Sick Leave up to thirty days may be granted to an officer once during his entire period of service for donation of kidney or organ

35. ADDITIONAL SICK LEAVE On and from 01.01.1989, where an officer has put in a service of 24 years he shall be eligible to additional sick leave at the rate of one month for each year of service in excess of 24 years subject to a maximum of three months of additional sick leave.

Provided that in case of additional sick leave availed on or after 29th June, 1999 commutation of additional sick leave may be allowed in accordance with sub regulation

(2) of Regulation 34.

36. MATERNITY/PATERNITY LEAVE

(1)Maternity Leave: On and from 01st day of April, 2000,leave up to a period of 6 months at a time may be granted to female employee by way of maternity leave including in respect of post-natal period or at the time of miscarriage or abortion or medical termination of pregnancy.

Provided that not more than twelve months of such leave shall be available during the entire period of service of the officer.

(2) With effect from the 25thMay 2015, leave may also be granted once during service to a childless female officer for legally adopting a child who is below one year of age for a maximum period of six months subject to the following terms and conditions:-

(i) Leave will be granted for adoption of only one child.

(ii) The adoption of a child should be through a proper legal process and the employee should produce the adoption-deed to the Bank for sanctioning such leave.

(iii) The leave shall also be available to biological mother in cases where the child is 36 born through surrogacy; and

(iv) The leave shall be availed within overall entitlement of twelve months during the entire period of service.

(3) With effect from 25th May,2015, within the overall period of twelve months, leave may also be granted in case of hysterectomy up to a maximum of sixty days.

(4) Maternity leave, which shall be on substantive pay, shall be granted to a female employee for a period not exceeding six months on any one occasion and twelve months during the entire period of her service:

Provided that within the overall period of twelve months leave may also be granted in case of miscarriage/abortion/Medical Termination of Pregnancy (MTP).

(5) Paternity Leave: With effect from01st June 2015, male officer employees having up to two surviving children shall be eligible for fifteen days paternity leave during his wife’s confinement which may be combined with any other kind of leave except casual leave:

Provided that the leave shall be applied upto fifteen days before or upto six months from the date of delivery of the child.

37. EXTRA-ORDINARY LEAVE An officer shall be eligible for extra-ordinary leave on loss of pay and allowances for not more than three hundred and sixty five days during the entire period of service. Such leave may not be availed of except for sufficient reasons on more than ninety days at a time.

Provided that in very special circumstance the Board may grant Extra-ordinary Leave on loss of pay to an officer upto a total period of seven hundred and twenty days.

(A) An officer may be granted special casual leave as may be decided by the Board in accordance with the guidelines of the Government.

38. LAPSE OF LEAVE Save as provided below, all leave to the credit of an officer shall lapse on resignation, retirement, death, discharge, dismissal or termination:

Provided that where an officer retires from the Bank’s service, he/she shall be eligible to be paid a sum equivalent to the emoluments of any period, not exceeding two hundred and forty days of privilege leave that he had accumulated:

Provided further that where an officer has been compulsory retired including as a measure of punishment, he shall be eligible to be paid a sum equivalent to emoluments of any period, not exceeding two hundred and forty days of privilege leave that he had accumulated:

Provided also that where an officer dies while in service, there shall be payable to his legal representatives, a sum equivalent to the emoluments for the period not exceeding 37 two hundred and forty days of privilege leave to his credit as on the date of his death:

Provided also that where an officer resigns from service on or after 1st April, 2001 after giving due notice as in sub-regulation (2) of regulation 20 he may be paid a sum equivalent to the emoluments in respect of privilege leave to the extent of half of such leave to his credit on the date of cessation of service, subject to a maximum of one hundred and twenty days:

39. RECALL FOR DUTY An officer on leave may be recalled to duty by the Competent Authority whenever the Bank deems fit to do so, but if the officer is at that time out of station, he shall be eligible to be paid the actual expenses incurred by him and the members of his family for coming back to the station, and if the officer and the members of his family go back to the same station from which he was called for the return journey also.

40. FURNISHING THE LEAVE ADDRESS TO THE BANK An officer, who has been sanctioned leave and leaves his place of duty shall furnish to the Bank, the address at which he can be contacted while out of station 38

CHAPTER VIII REIMBURSEMENT OF EXPENSES ON TRAVEL

41. MODE OF TRAVEL AND EXPENSES ON TRAVEL

(1) On and from the date 01stday of November, 2012, whenever an officer is required to travel on duty, the following provisions shall apply, namely:-

(a) an officer in Junior Management Grade is entitled to travel by 1st Class or AC 2-tier Sleeper by train:

Provided he may, however, travel by air (economy class) if so permitted by the Competent Authority, having regard to the exigencies of business or public interest.

(b) an officer in Middle Management Grade is entitled to travel by 1st Class or AC 2-tier Sleeper by train:

Provided that he may travel by air (economy class) if the distance to be travelled is more than 1000 kilometres;

Provided further that he may travel by air (economy class) even for shorter distance if so permitted by the Competent Authority, having regard to the exigencies of business or public interest;

(c) an officer in Senior Management or Top Executive Grade is entitled to travel by AC 1st Class by train or by air (economy class).

(d) an officer in Senior Management or Top Executive Grade may travel by car between two places not connected by air or rail provided that the distance does not exceed 500 kilometres;

Provided that when and when a major part of the distance between the two places can be covered by air or rail only the rest of the distance between the two places should normally be covered by car;

(e) any other officer may be authorized by the Competent Authority, having regard to the exigencies of business, to travel by his own vehicle or by taxi or by the Bank's vehicle;

(f) an officer of any grade or scale shall be eligible to travel by water transport in deluxe cabin category between places not connected by road or air or rail.”;

(2)(i) For air or rail travel, a single fare for the officer will be reimbursed.

(ii) For travel by road by his own vehicle, such rate on kilometer basis as may be decided by the Bank, from time to time, having regard to the type of vehicle used, the cost to be incurred and the terrain covered, will be reimbursed.

(iii) Where hiring of a taxi is permitted the actual taxi charges will be reimbursed.

(iv)For travel by public motor or water transport, the actual fare will be reimbursed.

(3) Actual expenses incurred for transport and porterage will be reimbursed.

(4)(a)Halting Allowance:- On and from 01stday of June, 2015, an officer in the Grades or Scales set out in column (1) of the table below shall be entitled to per diem Halting Allowance at the corresponding rates set out in column (2) thereof, namely:- TABLE Grades/Scales of officers Metro (Rs.)

Major ‘A’ Class cities (Rs.)

Area I (Rs.)

Other places (Rs.)

(1) (2) Officers in Scale VI and above 1800 1300 1100 950 Officers in Scale IV and V 1500 1300 1100 950 Officers in Scale I/II/III 1300 1100 950 800

Provided further that where the total period of absence is less than eight hours but more than four hours, Halting Allowance at half the above rates shall be payable.

Explanation: - For the purpose of computing Halting allowance “per diem” shall mean each period of twenty-four hours or any subsequent part thereof, reckoned from the reporting time for departure in the case of air travel and the scheduled time of departure in other cases, to the actual time of arrival and where the total period of absence is less than twenty-four hours, “per diem” shall mean a period of not less than eight hours.”

(b) Lodging Expenses:- An officer in the Grades/Scales set out in column 1 of the Table below may be reimbursed the actual hotel expenses, restricting to single room accommodation charges in ITDC Hotels of the corresponding star category set out in column 2 below:

Grades/Scales of Officers Eligibility to stay

(1) (2) Scale VI & VII 4* Hotel Scale IV & V 3* Hotel Scale II & III 2* Hotel (Non AC) Scale I 1* Hotel (Non AC) The Board may prescribe reimbursement of additional limit in excess of the limits prescribed above in accordance with the guidelines of the Government.

(c) Boarding Expenses:- An officer shall be entitled to per diem boarding expenses at the rates set out in sub-regulation 4 (a) above.

(d) Where lodging is provided at bank's cost or arranged through the bank free of cost, 3/4th of the Halting Allowance will be admissible.

(e) Where boarding is provided at bank's cost or arranged through the bank free of cost, ½ of the Halting Allowance will be admissible.

(f) Where lodging and boarding are provided at bank's cost or arranged through the bank free of cost, 1/4th of the Halting Allowance will be admissible:

Provided that, in the case of an officer claiming boarding expenses on a declaration basis without production of bills for actual expenses incurred, he shall not be eligible for 1/4th of the Halting Allowance.

(g) A Supplementary Diem allowance of Rs.10/- per day of halt outside headquarters on inspection duty may be paid to all inspecting officers

42. TRANSFER TRAVELLING ALLOWANCE ETC.

(1) (i) An officer on transfer and the members of his family will be eligible to travel to the place of posting by the same mode of travel and class of accommodation, by the officer as in the case of travel on tour.

(ii) When the members of the family travel by road, the entitlement will be the actual or the 1st Class rail fare for the distance covered whichever is less.

Explanation: "Family" for the purpose of this regulation shall be limited to the spouse, as also children, parents, brothers and sisters residing with and wholly dependent on the officer employees.

(2)(i) On and from 1st day of April, 2005 an officer on transfer will be reimbursed his expenses for transporting his baggage by goods train up-to the following limits:

Pay Range Where an officer has family Where an officer has no family Rs. 10000 per month to Rs.

13820 per month 3000 Kgs 1500 Kgs Rs. 13821 per month and above Full Wagon 2500 Kgs

(ii) On and from 01.01.1987, if an officer eligible for full wagon avails of the facility of `Container Service' by Railways, he will be reimbursed actual charges for one container if he is in Junior or Middle Management Grade and for two containers if he is in Senior or Top Management Grade. If the baggage is transported by road between places connected by rail, the reimbursement will be limited to the actual freight charges against submission of bills subject to the cost not exceeding the cost of transport of the maximum permissible quantity by goods train. If there is no railway station or railway out agency at the old or new place of posting, the officer will be paid the actual cost of transporting the baggage by road up-to the nearest railway station or railway out agency. If both the places do not have railway station/out agency, the officer will be paid actual cost of transporting the baggage by road up-to the stipulated weights by an approved transport operator.

(iii) An officer who owns a car will be eligible to claim cost of transporting it by train to the place of transfer at goods train rate and where the car is driven by road, the cost of so taking it, at the rates decided by the Board.

(iv) An officer who own a scooter, motor cycle or any other vehicle, will be eligible to claim the cost of transporting it to the place of transfer at goods train rate; and if the vehicle is transported by lorry, the actual lorry charges, if the vehicle is driven by road, the officer will be eligible to claim at the rates decided by the Board.

(3) On and from the 1st day of June, 2015, an officer on transfer shall be eligible to draw a lump sum amount for expenses connected with packing, local transportation, insuring the baggage, etc. as specified in the table below, namely:- TABLE Grade or Scale Amount

(1) (2) Top Management and Senior Management Grade (Officers in Scale IV and above) Rs. 20000 Middle Management and Junior Management Grade (Officers up to Scale III) Rs. 15000

(4)An officer transferred to any station shall be eligible to claim Halting Allowance for the period spent on Journey at the same rate as in the case of travel on tour.

Provided that where no residential accommodation is made available by the Bank to an officer at the new place of posting and where such an officer may incur additional expenses in the process of taking over charge for reasons beyond his control, the competent authority may consider on merit grant of Halting Allowance to him up-to a maximum period of 15 days or till the time the quarters are made available to him whichever is earlier.

43. TRAVELLING ALLOWANCE ON RETIREMENT On retirement, an officer will be eligible to claim traveling allowance, baggage and other expenses for himself and his family as on transfer from the last station at which he is posted to the place where he proposes to settle down on retirement.

44. LEAVE TRAVEL CONCESSION

(1)During each block of four years, an officer shall be eligible for leave travel concession for travel to his place of domicile once in each block of two years:

Provided that, he may travel in one block of two years to his place of domicile and in another block of two years to any place in India by the shortest route.

Provided that with effect from 1st June 2015 alternatively, an officer, by exercising an option anytime during a four year block or two year block, as the case may be, surrender and encash his Leave Travel Concession (other than travel to place of domicile) upon which he shall be entitled to receive an amount equivalent to the eligible fare for the class of travel by train to which he is entitled up to a distance of 4500 kilometres (one way) for the officers in JMG-Scale-I and MMG-Scale II & III and 5500 kilometres (one way) for officers in SMG-Scale IV & above:

Provided that with effect from 1st June 2015, an officer opting to encash his Leave Travel Concession shall prefer the claim for himself and his family members only once during the block or term in which such encashment is availed of and the facility of encashment of privilege leave while availing of Leave Fare Concession shall also be available while encashing the facility of Leave Travel Concession.

(3A) The mode and class by which an officer may avail of Leave Travel Concession shall be 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 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 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 Leave Travel Concession where the distance is less than 1000 kilometres.”.

(2) 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 a letter to the Bank to that effect and authorizing the Bank to remit the amount to the Fund.

CHAPTER-IX TERMINAL BENEFITS

45. PROVIDENT FUND AND PENSION:

(1) 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

(2) The Provident Fund rules framed shall provide that on and from 01.11.1993:

(a) 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 01.07.1993 to 31.10.1993 shall be made.

(b) 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 01.07.93 to 31.10.93 shall be made

(3) Officers joining the bank’s service on or after 29.09.1995 shall be governed by the Pension Scheme.

Provided that the following categories of officers shall not be covered by the Pension Scheme

(a) An officer who was in service of the Bank prior to 29.09.1995, unless he has specifically exercised an option to become member of the Pension Scheme in response to bank's notice to that effect.

(b) An officer who is recruited on or after 29.09.1995 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 44 component of Fixed personal Allowance.

45.(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 percent, 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 Govt. of India F.No.5/7/2003-ECB & PR dated the 22nd December, 2003, as amended from time to time.

46. GRATUITY:

(1) Every officer shall be eligible for gratuity on:- a) Retirement b) Death c) Disablement rendering him unfit for further service as certified by a Medical Officer approved by the Bank;

d) Resignation after completing 10 years of continue service; or e) Termination of service in any other way except by way of punishment, after completion of 10 years of service.

(2)The amount of Gratuity payable to an officer shall be one month's pay for every completed year of service, subject to maximum of 15 months' 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 thirty years.

Provided further that in respect of the officers on the appointed date, they may be given an option either to adopt the above pattern regarding gratuity or to continue in the present system. The option exercised shall be final (Please refer to Staff Circular No.

1398 dt. 19.10.84)

Provided further that pay for the purpose of Gratuity for an officer who ceased to be in service during the period 01.07.1993 to 31.10.1994 shall be with regard to scale of pay as specified in sub-regulation (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 01.04.1998 to 31.10.1999 shall be with regard to scale of pay as specified in sub-regulation (2) of Regulation 4.

NOTE: If the fraction of service beyond completed years of service is six months or more, gratuity will be paid pro-rata for the period.

CHAPTER-X TRANSFERABILITY

47. TRANSFERABILITY Every officer is liable for transfer to any office or branch of the Bank or to any place in India.

48. Every officer shall be available for Bank's duties at any time of the day.

49. JOINING TIME ON TRANSFER

(1) 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 - a) to join a new post to which he is appointed while on duty in his old post.

or b) to join a new post on return from leave

(2)During the joining time an officer shall be eligible to draw the emoluments as applicable to the place of transfer.

(3) 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.

(4) No joining time shall be admissible to an officer when the transfer does not involve posting to a different place.

(5)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

50. POWER TO IMPLEMENT REGULATIONS 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.

51. GOVERNMENT'S DECISION TO BE CONSTRUED AS INITIAL DECISION OF THE BOARD Wherever these regulations require that any matter shall be in accordance with the decision of the Board any 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 alternations 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.

52. INTERPRETATION OF "SERVICE" 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.

53. REVOCATION OF EARLIER RULES, ETC.

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, regulations, resolution other provisions or usage, custom, convention or practice.

54. INTERPRETATION 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 PUNJAB AND SIND BANK (OFFICERS’) SERVICE RGULATIONS, 1982 Special Area Allowance Sr. no. Area Allowances (Rs.)

Pay below Rs.24,000/- Pay above Rs.24,000/- 1 2 3 4

1. Mizoram

(a) Chimptuipui District of Mizoram and areas beyond 25 kms. from Lunglei Town in Lunglei District 2000 2600

(b) Entire Lunglei District excluding areas beyond 25 kms. from Lunglei town.

1600 2100

2. Nagaland 1600 2100

3. Andaman and Nicobar Islands

(a) North Andaman, Middle Andamans, Little Andaman, Nicobar and Narcondum 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

(a) Difficult areas of Arunachal Pradesh 2000 2600

(b) Throughout Arunachal Pradesh other than difficult areas. 1600 2100 48

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

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 KeranIllaaqua 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 (a) to (f) above, but which are within 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

(1) Chamba District

(a) Pangi Tehsil, Bharmour Tehsil, Panchayats :

Badgaun, Bajol, DeolKugti, Nayagam and Tundah, Villages: Ghatu of Gram PanchayatJagat, Kanarsi of Gram PanchayatChauhata 2000 2600

(b) Bharmour Tehsil, excluding Panchayats and Villages included in item (a) above.

1600 2100

1200 1500 49

(2) Kinnaur District:

(a) Asrang, Chitkul and HangoKuno/CharangPanchayats, 15/20 Area comprising the Gram Panchayats of ChhotaKhamba, Nathpa and Rupi, Pooh Sub- Division, excluding the Panchayat Areas specified above.

2000 2600

(b) Entire District other than Areas included in (a) above.

1600 2100

(3) 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

(4) Lahaul and Spiti District:

Entire area of Lahaul and Spiti 2000 2600

(5) Shimla District:

(a) 15/20 Area of Rampur Tehsil comprising of Panchayats of Koot, Labana-Sadana, Sarpara and Chadi-Branda.

2000 2600

(b) Dora-Kawar Tehsil, Gram Panchayat of Darkali in Rampur, Kashapath Tehsil and Munish, GhoriChaibis of Pargana Sarahan.

1600 2100

(c) Chopal Tehsil and Ghoris, Panjgaon, Patsnau, Naubis and Teen Koti of ParganaSarahan, Deothi Gram Panchayat of Taklesh Area, ParganaBarabis, Kasba Rampur and GhoriNog of Pargana Rampur of Rampur Tehsil, Simla Town and its suburbs (Dhalli, Jatog, Kasumpti, Mashobra, Taradevi and Tutu).

1200 1500

(6) Kangra District:

(a) Areas of Bara Bhangal and ChhotaBhangal 1600 2100 50

(b) 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.

KrishiVishwavidhalaya 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

(7) 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

(8) 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

(9)

Punjab & Sind Bank Officers/ Employees Service Regulation, 1982

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