(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.
26 ii) When the members of the family travel by road, the entitlement will be the actual or the I Class rail fare for the distance covered, whichever is less.
Explanation :
“Family” for the purpose of this Regulation will be limited to the spouse as also children, parents, brothers and sisters residing with and wholly dependent on the Officer Employee.
(2) i) On and from the 1st day of April, 1998 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 Where an officer has family has no family Rs. 7100 p.m to 3000 Kgs. 1500 Kgs.
Rs. 9820 p.m Rs. 9821 p.m & above.Full wagon 2500 Kgs.
ii) On and from 1-1-1987, 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 frieght 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 outagency at the old or new place of posting, the Officer will be paid the actual cost of transporting the baggage by road upto 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 upto the stipulated weights by an approved transport operator.
iii) An Officer who owns a car will be eligible to claim the 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 owns 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 1-1-1987 but before 1-4-1997, an Officer on transfer will be eligible to draw a lumpsum amount as indicated below for expenses connected with packing, local transportation, insuring the baggage, etc.
Grade Lumpsum Top Management and Senior Management Rs. 1,500/- Middle Management and Junior ManagementRs. 1,000/-
(a) On and from the first day of April 1997, an Officer on transfer will be eligible to draw a lump sum amount as indicated below for expenses connected with packing, local transportation, insuring the baggage, etc.:
Grade Lumpsum Top Executive and Senior Management Rs. 5,000/- Middle Management and Junior ManagementRs. 4,000/- 27
(4) An Officer transferred to any station shall be eligible to claim Halting Allowance for the period spent on journey at the same rates as in the case of travel on tour.
Provided that on and with effect from 30th October, 1987, 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 upto a maximum period of 15 days or till the time the quarters are made available to him, whichever is earlier Travelling allowance on retirement :
43. On retirement, an Officer will be eligible to claim Travelling 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.
Leave Travel Concession :
44. i) During each block of four years, an Officer shall be eligible for Leave Travel Concession for travel to his home town once in each block of two years.
Alternatively, he may travel in one block of two years to his home town and in the other block to any place in India by the shortest route.
ii) On and from 1-6-1991 once in every 4 years when an Officer avails of Leave Travel Concession, he may be permitted to surrender and encash his Privilege Leave not exceeding one month at a time. Alternatively, he may whilst travelling 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 15 days in each block or 30 days in one block. For the purpose of leave encashment, all the emoluments payable for the month during which the availment of the Leave Travel Concession commences 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 authorising the Bank to remit the amount to the fund.
iii) The mode and class by which an Officer may avail of Leave Travel Concession shall be the same as in the case of 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.
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CHAPTER – IX TERMINAL BENEFITS Provident Fund and Pension: