“(1)on and from the 1 st day of November, 2002,
(a) where an officer is provided with residential accommodation by the Bank, a sum equal to 1.75 per cent of the basic pay in the first stage of the scale of pay in which he is placed or the standard rent for the accommodation, whichever is less, shall be recovered from him;
(b) where an officer is not provided any residential accommodation by the Bank, he shall be eligible for House Rent Allowance at the rates specified in the following table, namely:
TABLE Where the place of work is in HRA payable shall be
(1) (2)
(i) Major “A” Class Cities and Project Area Centres in Group A
8.5% of Pay
(ii) Other places in Area I and Project Area Centres in Group B
7.5% of Pay
(iii) Other places 6.5% of Pay:
Provided that if an officer produces a rent receipt, the House Rent Allowance payable to him shall be the actual rent paid by him for the residential accommodation in excess over 1.75 per cent of pay in the first stage of the scale of pay in which he is placed with a maximum of 150 per cent of the House Rent Allowance payable as per column (2) of the above Table.
(2) on and from the 1 st day of November, 2007, -
(a) where an officer is provided with residential accommodation by the Bank, a sum equal to 1.20 per 18 THE GAZETTE OF INDIA : EXTRAORDINARY [PART III—SEC. 4] cent of the basic pay in the first stage of the scale of pay in which he is placed or the standard rent for the accommodation, whichever is less, shall be recovered from him;
(b)where an officer is not provided any residential accommodation by the Bank, he shall be eligible for House Rent Allowance at the rates specified in the following table, namely: - TABLE Where the place of work is in HRA payable shall be
(1) (2)
(i) Major “A” Class Cities and Project Area Centres in Group A
8.5% of Pay
(ii) Other places in Area I and Project Area Centres in Group B
7.5% of Pay
(iii) Other places 6.5% of Pay
Provided that if an officer produces a rent receipt, the House Rent Allowance payable to him shall be the actual rent paid by him for the residential accommodation in excess over 1.20 per cent of Pay in the first stage of the Scale of Pay in which he is placed with a maximum of 150 per cent of the House Rent Allowance payable as per aforesaid rates mentioned in column (2) above.
Note.- The claims of officers for House Rent Allowance linked to the cost of their ownership accommodation shall also be restricted to 150 per cent of House Rent Allowance as hitherto.”;
7. In regulation 23 of the said regulations,-
(i) in sub-regulation (1), for the figures, letters and words “1 st day of November 2002”, the figures, letters and words “1 st day of November 2007” shall be substituted;
(ii) in sub-regulation (2), for the figures, letters and words “1 st day of November 2002, the figures, letters and words “1 st day of November 2007” shall be substituted;
(iii) for sub-regulations (3), (4) and (5), the following sub-regulations shall be substituted, namely:- “(3) On and from the 1st day of November, 2007, if an officer is serving in an area to be specified as Project Area falling in Group A or Group B, he shall be eligible for a Project Area Compensatory Allowance at the rate of Rs.290 per month or Rs.255 per month according to the classification of area as Group A or Group B.
(4) On and from the 1st day of November, 2007, if an officer is transferred from one place to another in the midst of an academic year and if he has one or more children studying in school or college, in the former place, he shall be eligible for a mid-academic year transfer allowance of Rs.700 per month from the date he reports to the latter place upto the end of the academic year in respect of all the children, provided that such allowance shall cease if all the children cease studying at the former place.
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(5) On and from the 1 st day of May, 2010, if an officer is deputed to serve outside the Bank, he may opt to receive the emoluments attached to the post to which he is deputed, or he may in addition to his pay, draw a deputation allowance at the rate of 7.75 per cent of pay subject to a maximum Rs.2300 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 organisation 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.1200 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 Rs.1200 per month.”;
(iv) for sub-regulation (8), the following sub-regulation shall be substituted, namely:- “(8) on and from the 1 st day of November 2007, if the working hours during a day are split with minimum interval of two hours, an officer shall be eligible for a Split Duty Allowance at the rate of Rs.165 per month.”;
(v) in sub-regulation (10),-
(a) for the figures, letters and words “1 st day of November 2002”, the figures, letters and words “1 st day of November, 2007” shall be substituted;
(b) for the Table, the following Table shall be substituted, namely:- “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.550 per month
(ii) Place with an altitude of 1500 metres and above but less than 3000 metres 2½% of pay subject to a maximum of Rs.680 per month
(iii)Place with an altitude of 3000 metres and above 5% of pay subject to a maximum of Rs.1570 per month”;