(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 ten years of continuous 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 a maximum of 15 months’ pay.
29
Provided that where an officer has completed more than 30 years of service, he shall be eligible by way of gratuity for an additional amount at the rate of one half of a month’s pay for each completed year of service beyond 30 years.
Provided further that pay for the purpose of Gratuity for an officer who ceased to be in service during the period 1-7-1993 to 31-10-1994 shall be with regard to scale of pay as specified in 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 1-4-1998 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 6 months or more, gratuity will be paid pro-rata for the period.
CHAPTER – X TRANSFERABILITY
47. 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.
Joining time on transfer :
49. i) 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.
ii) During the joining time, an Officer shall be eligible to draw the emoluments as applicable to the place of transfer.
iii) 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.
iv) No joining time shall be admissible to an Officer when the transfer does not involve a posting to a different place.
v) 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.
30
CHAPTER – XI MISCELLANEOUS Power to implement Regulations:
50. The Managing Director may from time to time, issue such instructions or directions as may, in his opinion, be necessary for giving effect to or carrying out the provisions of these Regulations.
Government’s decision to be construed as initial decision of the Board:
51. Wherever these Regulations require that any matter shall be in accordance with the decision of the Board and where such a matter is covered by the recommendations made in the report of the Committee constituted by Government’s Resolution No. F 4(26)/72/IR dated 19th July, 1973, as accepted by the Government together with modifications or alterations thereof as may, from time to time, have been or be made by the Government, such recommendations shall, until varied, be deemed to be decisions of the Board.
Interpretation of “Service”:
52. In interpreting any of these Regulations, unless the context otherwise requires, service of an Officer shall be regarded as including his service in the existing Bank and also his service in the Bank prior to the date of coming into force of these Regulations.
Revocation of earlier rules, etc.:
53. Any rule, regulation, order, agreement, resolution or other instrument, or any usage, custom, convention or practice, governing any matter/dealt with in any of these Regulations including allowances, perquisites and facilities, shall, on the date when such Regulation comes into force and unless the contrary is provided in these Regulations, shall cease to have effect in regard to such matter.
Provided that these shall not affect the validity of anything done or any claim arising prior to that date in pursuance of such agreement, rule, regulation, resolution, other provision or usage, custom, convention or practice.
Interpretation :
54. If any question arises as to the application or interpretation of any of these Regulations, it shall be referred to the Board for its decision.
COMPETENT AUTHORITIES Under the provisions of Syndicate Bank (Officers’) Service Regulations, 1979, the Board of Directors have to designate Competent Authorities under certain Regulations. At their meeting held on 21-10-1988, the Board of Directors were pleased to modify the Competent Authority in respect of certain Regulations.
31 Accordingly, the Competent Authorities under Regulation 5, 6, 12, 14, 15, 16, 20, 39 and 41 have been specified as follows :
Sl.No. Reg.No. Subject Competent Authority Jurisdiction 1 2 3 4 5 1 5 Increments *1.Personnel Manager at HO For officers in Scale-I in the Junior Management Grade.
*2. Asst. Gen.
Manager/ Dy. Gen.
Manager heading the Zone *1, Asst. General Manager (P) at HO For Officers in Scale- II & Scale III in the Middle Management Grade *2, Asst. General Manager / Dy.
General Manager heading the Zone General Manager For Officers in Scale- IV & Scale-V in the Sr. Management Grade Executive Director For Officers in Scale- VI & Scale VII in the Top Executive Grade 2 6 Categorisation Committee consisting of Executive Director, General Manager having jurisdiction over Personnel Department, and Asst. General Manager (Per).
For categorizing posts in the Bank, for all posts.
3 12 Option for existing Officers Asst. General Manager For all Officers - To receive intimation from Officers exercising option.
32 4 14 & 15 Appointment & Probation *1.Personnel Manager at HO For officers in Scale-I in the Junior Management Grade.
*2. Asst. Gen.
Manager/ Dy. Gen.
Manager heading the Zone *1. Asst. General Manager (P) at HO For Officers in Scale- II & Scale III in the Middle Management Grade.
*2. Asst. General Manager / Dy.
General Manager heading the Zone.
General Manager For Officers in Scale- IV & Scale-V in the Sr. Management Grade Executive Director For Officers in Scale- VI & Scale VII in the Top Executive Grade 5 16 Confirmation *1.Personnel Manager at HO For officers in Scale-I in the Junior Management Grade.
*2. Asst. Gen.
Manager/ Dy. Gen.
Manager heading the Zone *1. Asst. General Manager (P) at HO.
For Officers in Scale- II & Scale III in the Middle Management Grade.
*2. Asst. General Manager / Dy.
General Manager heading the Zone.
General Manager For Officers in Scale- IV & Scale-V in the Sr. Management Grade.
Executive Director For Officers in Scale- VI & Scale VII in the Top Executive Grade 6 20 Termination As under Reg.16.
33
7. 39 Recall for duty Authorities empowered to sanction leave All Officers working under Admn.
Jurisdiction of such Sanctioning Authority.
8. 41 Reimbursement of expenses on travel General Manager(P) For all Officers.
Note :
General Manager for this purpose will be the General Manager having jurisdiction over the Personnel Department and Asst. General Manager in respect of Regulation No.6, 12, 39, 41 is the Asst. General Manager heading the Personnel Department.
* As amended by Board Resolution dated 25-10-1988, effective from 21-10-1988.