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Section 26

Syndicate Bank (Officers') Service Regulations, 1979Central Regulations · 1970

(1) No Officer, other than the Officers authorised 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.

21 Loan for the purchase of conveyance:

27. 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 the Government.

Loans for the purchase of Houses :

28. 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.

Entertainment expenses & club membership fees :

29. 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.

Preferential interest rates on deposits :

30. The Bank may allow 1% additional rate of interest over its ruling rate of interest on Fixed Deposits, Savings Deposits and Recurring Deposits in the name of an Officer, individually or jointly with any member of his family.

CHAPTER – VII LEAVE Kinds of Leave :

31. 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) Extraordinary Leave on Loss of Pay g) Special Casual Leave and Special Leave.

Casual Leave :

Where this provision sits

ActSyndicate Bank (Officers') Service Regulations, 1979
Section26
JurisdictionCentral
StatusIn force as published by the source

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