Ancilliary benefits A) Conveyance Reimbursement Scheme (Br Circular 103/154 dt 29.12.

2009) The said upward revision would be with effect from 01.01.2010. With this revision, the limits for
reimbursement of expenses incurred by the Officers in Scale I, II, III and IV, are as follows:-  Major ‘A’ Class  Area I  Area II  Area III  For Car  Cities  Owners  Monetary  Petrol  Monetary  Petrol  Monetary  Petrol  Monetary  Petrol  Limit  Limit  Limit  Limit  Limit  Limit  Limit  Limit  Scale I  700  45  600  45  600  40  500  35  55  1000  55  1000  50  800  45  Scale II  1050   70  1200  70  1200  60  1000  50  Scale III &  1350   IV  All  Major ‘A’ Class  Area I  Area II  Area III  categories  Cities  of officers  Monetary  Petrol  Monetary  Petrol  Monetary  Petrol  Monetary  Petrol  referred to  Limit  Limit  Limit  Limit  Limit  Limit  Limit  Limit  above  owning two  wheelers  35  650  35  600  30  500  25  Motor  700   cycles &  Scootters  Mopeds  30  650  30  600  25  500  20  700   Major A Class Cities  Ahmedabad, Bangalore, Chennai, Delhi, Hyderabad, Kolkatta & Mumbai  Area I  Places with population 12 lakhs and above  Area II  Places with population 1 lakh and above but less than 12 lakhs  Area III  All other places 

1. Vide Br. Circular No. 103/10 dated 17.04.2009, Scheme for Reimbursement of expenses incurred by the Officers for travel on duty within a radius of 8 Kms has been extended the facility of reimbursement of conveyance expenses from the date of joining to all probationary Officers. This has made effective from 19.03.2009. 2. The declaration may be submitted on quarterly basis (i.e. Last week of September, December, March & June every year) and the reimbursement of the amount may be made to the Officer/Staff, by crediting his / her individual account taking into account the declaration submitted by him / her as per entitlement.

101/51 dated 02.per month declaration The declaration may be submitted on quarterly basis (i.700/.e.p.m.m.2011 effective from 01. 1. by crediting his / her individual account taking into account the declaration submitted by him / her as per entitlement. Scale Designation Br. by crediting his / her individual account taking into account the declaration submitted by him / her as per entitlement.600/6 II Branch Managers 5. Scale III Rs.m.2009  Reimbursement of cleaning material expenses to Award Staff members on basis effective from May 2009 as under :Clerical Staff (including Special Assistants) :Rs. March & June every year) and the reimbursement of the amount may be made to the Officer/Staff. Circular No.f. (Change in entitlement per month for Award Staff vide Br. Circular  103/43  dated 11. to be claimed after end of the calendar quarter. Special Assistants are allowed Entertainment Expenses of Rs. 01. December. The declaration may be submitted on quarterly basis (i.04.500/Others 4.e.06.600/.f. 01. Scale II Rs. .000/3.1500/.p.07.m. Last week of September.2007.p.2007 VII General Managers 15.B) Reimbursement of Entertainment Expenses Revised Ceilings w. 2.500/Others 2. Scale V & IV Rs.000/Others 3.000/Branch Managers 8. V Zonal Managers 9. Scale VI & VII Rs. Sr.2011).180/. C) Reimbursement of cost of Cleaning Material   (Br.000/VI Zonal Managers 13.06.225/-per month Subordinate Staff members (including sub-staff drawing scale wages) : Rs. December.600/7 I Branch Managers 4. Last week of September. III Branch Managers 6.400/Others 6.07.05.2009 on  declaration basis.02.01.200/5.per month w. No. Circular  103/45  dated 11.e.500/Branch Managers 12.p.2007. 104/137 dt 25.1200/.m.700/Vide Branch Circular No. Scale I Rs.000/4 IV Branch Managers 7.000/Others 9. March & June every year) and the reimbursement of the amount may be made to the Officer/Staff.400/Others 3.175/.p.2009)  Monetary Ceiling limits for reimbursing cleaning material expenses with effect from 01.500/.e.

In respect of rubber hand gloves.  Accordingly.2011 effective from 01.  D) Reimbursement of News Paper Bills (Br.150/Sub-staff members Rs.2009)  Revision  in  entitlement  /  monetary  limits  for  reimbursement  of  newspaper  expenses. 02-12-2010.12. the payment will be on yearly basis.e.160 per pair 3. the payment will be on monthly basis and in respect of apron.periodicity – Monthly 4 masks Rs.2010.125/The declaration may be submitted on quarterly basis (i.250/For Award Staff members Category Entitlement per month Clerical Staff Rs.06.Rs. March & June every year) and the reimbursement of the amount may be made to the Officer/Staff.60 per pair per month 2.02. Washing Allowance Rs.  2009.  . F) Supply of Summer and Winter Uniforms and Footwear to Subordinate Staff  Upward revision in cost ceiling of Uniforms. by crediting his / her individual account taking into account the declaration submitted by him / her as per entitlement.Rs.10 per month 4. Rubber Hand Gloves Monthly . washing allowance and mask.60 for 4 masks) The aforesaid amounts will be paid on declaration basis. 104/137 dt 25. (Change in entitlement per month for Award Staff vide Br.350/Officers upto Scale III Rs. Circular  103/44  dated 11. The above revision will be effective from 01. (Branch Circular 104/103 dt.  on  declaration  basis.01. apron and mask to Safai Karmacharis to protect them from unhygienic conditions.500/Senior Management Grade Scale IV & V Rs. E) Provision of Rubber Hand gloves.2011). Mask . December.15 each (Max Rs.  the  Officers  in  various  grades/scales  &  Award  Staff  members  are  permitted  to  claim  reimbursement  towards  the  cost  of  newspaper  /  periodicals  (on  declaration  basis)  within  the  monetary  ceiling  limits  as  mentioned  below :‐  For Officers Category of Officers Entitlement per month Top Executive Grade Scale VI & VII Rs. stitching charges and footwear for the period January  2011 to December 2013    Ref:‐ HO:HR:IR:VGK:I‐1067:B‐21  dated 20‐12‐2010. Apron – Periodicity – Yearly one . Circular No.  effective  from  the  month  of  April. Revised ceilings are as under 1. Last week of September.

  4.   G) Reimbursement of Out-of-pocket expenses to Officers and Award Staff Members attending the Bank’s residential / non-residential Training Programmes (Br. Rs.2006. as follows:- For Award Staff Trainees Nonresidential programme (Existing rates) Rs.12. number of sets of uniform.45/. remain unchanged.per day for the other Centres (No reimbursement will be admissible towards local to and fro travel between the place of stay and the Training Centre) Trainees will be eligible for regular halting allowance as per the Bipartite Settlement.  2.  Existing  Rates  for  the  period  Revised  Rates  for  the  January  2008  to  December  period  January  2011  to  2010  December 2013  `  400/‐ per set      `  1.06.65/. etc. All the other existing guidelines regarding periodicity.per day for the other Centres Rs.per day Rs.01. Circular No. as under :Sr.30/- Rs.60/.per day Non-residential programme (Revised rates ) Residential programme (Existing rates) No provision Residential programme (Revised rates) Local Trainees Up-country Trainees Rs.75/.per day for Mumbai & Delhi (NOIDA) Rs.2005 that the female Sub-Staff be supplied with Uniforms at the same cost (cost of cloth + stitching charges) at par with the total cost applicable to male Sub-Staff.  Summer Uniform  Winter Uniform  Footwear  with  2  `  550/‐  pairs of socks  Stitching charges  10%  increase  over  the  existing  stitching  charges  for  summer  and  winter  uniforms.450/‐ per set   `  605/‐  1. vis-à-vis the existing rates.75/.per day for the other Centres .  Item  No.  10%  increase  over  the  existing  stitching  charges  for  summer  and  winter  uniforms. (No reimbursement will be admissible towards local to & and fro travel between the place of stay and the Training Centre). to implement the instructions given vide our IOM No.40/.  Please note.320/‐ per set   `  500/‐per set      `  1.  3. and no out-of-pocket expenses will be payable.HO:P:IR:CMR:I300:B-21 dated 08. 101/165 dt 17.per day for Mumbai & Delhi (NOIDA) Rs.The cost ceiling in respect of the said items has now been revised upward for the period January 2011 to December 2013.65/.35/.per day for Mumbai & Delhi (NOIDA) Rs.2007) Rates of reimbursements have been decided to be revised with effect from 24.

However total deductions (including notional monthly interest on full OD limit) should not exceed 65% of gross pay.1.Br Circular No.2009. . 1.04. 2 Lakhs 4 Service Less than 3 years All the above As per (1) above. and no out-ofpocket expenses will be payable. 95/129 dt 13.5 Lakhs Clerical Rs. 1 Service 3 years or more but less Officer Rs.60/.5 Lakhs than 5 Years Clerical Rs. 1. as per the relevant provisions of Bank of India (Officers’) Service Regulations. 1979. 15. 1 Lakh 2 Service 5 years or more but less Officer Rs. 1979 (no change)   H) Clean Overdraft to Staff .75/. 5 Rate of Interest Vide 103/08 dt.2.  For Officer Trainees Nonresidential programme (Existing rates ) Rs.5 Lakhs than 10 Years Clerical Rs.25 Lakhs Sub-Staff Rs. (No reimbursement will be admissible towards local to & fro travel between the place of stay and the Training Centre). 2 Lakhs Sub-Staff Rs.per day for Mumbai & Delhi (NOIDA) Rs.5 Lakhs Sub-Staff Rs.per day Non-residential programme (Revised rates ) Residential programme (Existing rates) No provision Residential programme (Revised rates) Local Trainees Upcountry Trainees Rs. 3. the rate of interest would be BPLR Minus 3% Min 8% 6 60% of Sanctioned Amount as OD & Vide 101/38.50/.per day Rs. Equivalent to 1/4th of the Halting 1/4th of halting allowance Trainees will be eligible for 1/4th of Halting Allowance.50/.per day for the other Centres Trainees will be eligible for regular halting allowance as per the relevant provisions of the Bank of India (Officers’) Service Regulations.12. 60% of the sanctioned amount should be considered as Overdraft Limit and balance 40% to be considered as Term Loan payable before superannuation.2001 Sr Service Cadre Limit No.5 Lakh 3 Service over 10 Years Officer Rs. all new Personal Overdraft 40% as Term Loan Accounts are sanctioned to an employee.

102/42 dt 12. 1 lac to Rs.1 lakh per employee is fixed for granting advance against NSCs. Circular 99/25 dated 16. Once the loan amount exceeds Rs. i) ‘NIL’ including interest accrued on NSC upto a limit of Rs.Scale III Senior Management – Scale IV Senior Management – Scale V 50.00 Total deductions (including the notional monthly interest on full limit) not to exceed 60% of gross salary.000..00 lakh ii) 10% including interest accumulated on NSCs with limits between from Rs. as Post Offices started issuing NSCs in De-mat form (presently done in about 35 post offices of Mumbai through NSDL) branches to make use of this facility to reduce operational risk. .50. Such requests may be more than once in a calendar year. IV and Scale V Refer to Br.3 lakh per employee is fixed for granting advance against NSCs.000.3lacs In addition to the existing guidelines.000/.50.2005) Amount advance Existing of A ceiling limit of Rs. Margin Creation charge security of In case of advances upto a & limit of Rs. ‘NIL’ including interest accrued on NSC Revised A ceiling limit of Rs. Circular No.06.000.1.00 75.000/the Bank’s charge on all NSCs is to be registered with the Issuing Post Office.00. Branches need not insist on registration of Bank’s charge on NSCs with the Issuing Post Office (though relative application for “transfer as security” to be obtained and held in branch records along with the relative NSCs duly discharged and other usual security documents). (Br. Within this level request for additional amount against pledge of additional NSC may be entertained. Within this level request for additional amount against pledge of additional NSC may be entertained.05.  7 Clean Overdaft to direct recruit officers in Scale III. I) Loan/Overdraft facility to staff against NSC VIII issue.00 1.2008 Middle Management Grade . Such requests may be more than once in a calendar year.

1.04.04.2003) 3. and Date 96/173 27. Interest will be charged/serviced on monthly basis (Branch Circular 96/149 dated 18.04.25% below BPLR (103/12 dt 17.03. Actual course fee Investment and Risk Incentive .CAIIB ii) Diploma in Banking Actual course fee Technology Incentive .2007 100/172 25.1.000/.2006 100/13 22.Rs.03 96/173 27.000/iii) Diploma in International Actual course fee Banking and Finance Incentive .000/Management vi) Post Graduate Diploma in Actual course fee Financial Advising Incentive .2.000/iv) Diploma in Treasury.1.04.01.2003 96/173 27. The revised rate to be charged even in existing accounts J) Reimbursement of Fees / Incentives for passing various examinations Course Incentive offered by the Details of existing Cash Incentive Bank Scheme offered by the Bank for the staff members Institution 1.whichever is staff members as per lower Branch Circular No.03.00% below BPLR min.03. Indian Institute of i)Association Examinations 1 increment Banking & Finance .Rs. Interest will be charged/serviced on monthly basis.whichever is Institutes lower ii) Computer Course (Facility Actual tuition fee or extended to Subordinate Rs.000/2.Rs.1.01.Rs.2.000/vii) Certificate in Anti Money Actual course fee Laundering & Know Your Incentive .01.209).Rs.Rs. No.1.1.2006 100/13 22. 7.75%.97/115 dated 17/11/2003) Branch Cir.500/.2006 100/172 25.1.02.1.000/vi) Certificate in Trade Actual course fee Finance Incentive .Rs.03 of of of of of of of of of of .Rs.  Rate Interest of 3. Recognised i) Management Courses Actual tuition fee or Universities / Rs.2003 100/13 22.JAIIB 2 increments (IIBF).2007 100/172 25.000/Agents ix) Certified Information Actual course fee System Banker (CelSB) Incentive .03.2007 96/173 27.000/Customer (AML & KYC) viii) Certificate Examination Actual course fee for Direct Selling & Marketing Incentive . Mumbai .

01.   Certification in Central Depository for CDSL (BCCD) Mutual Fund Distribution Certification Examination .000/Actual course fee plus HR:HRD:VPS an incentive of received via email from HRD.07.1000 Certificate Examination in Examination fee 102/58 of Quantitative Methods for Rs.000/. Incentive to Employees for passing AMFI Mutual Fund Module Certification has been withdrawn.1000 Standards Head Office on 01.1000 Certificate Examination in Examination fee 102/58 of Credit Cards for Bankers Rs.1000 Special leave for field training – Actual number of days Max 07 days Certificate Examination in Examination Fee of HR:HRD:VPS: Customer Service & Rs.07.2011.1. preferably of the countries where we have Branches / Representative Offices Actual course fee 96/173 Incentive .Rs.2000 03.2008 Banking & Finance (CQM) Incentive Rs. Mumbai Incentive Rs.27.2.2004 Rs.5000 22.2008 (CCCB) Incentive Rs.2008 Course duration 8 months.01. Recognised Universities / Institutes recognised by the Embassy / High Commission / Consulate of the country of corresponding language 4.2008 (IIBF).2008 Course duration 8 months. 6.3000 22.1. Incentive Rs.2011.03 subject to maximum of Rs.07.000/.000/-) of Actual course fee plus 98/146 of an incentive of 16.03.2.01.000/Head Office on Scheme to provide 03. Incentive Rs.2. Indian Institute of Diploma in Home Loan Examination fee 102/58 of Banking & Finance Advising (DHLA) Rs. Bombay Stock Exchange Training Institute 5 National Institute of Securities Market Part time Diploma / Certificate Course in Foreign Language.1000 Special leave for field training – Actual number of days Max 10 days Certificate Course in Micro Examination fee 101/186 of Finance Rs.1000 Diploma Course in Micro Examination fee 101/186 of Finance – Rs.5000 03.1500 and Incentive received via eBanking Codes and mail from HRD.01.10.1000 03. Rs.  3.(including the incentive of Rs. Rs.

the repayment schedule should not be extended beyond the month of retirement of the concerned employee. storm. 8 .000/Sub-Staff . However.000/Rate of Interest 6 % p. Repayment to commence from the succeeding month of first disbursement.a.   Employees who are working in the Branches / Offices operating in 1 Eligibility the areas affected by natural calamities or who are residing in such . ii)Eligible employee may avail the benefit on subsequent occasions even before closure of such existing loan account.Rs. Maximum Permissible Deductions (including proposed financial assistance) Security Documents the pplication-Cum-Declaration (a) A (b) Demand Promissory Note (c) Continuing Security Letter (d) Letter of Instalment (e) Authority letter addressed to the Trustees of Provident Fund/Gratuity (L496) (f) Authority Letter addressed to the Trustees of Provident Fund/Gratuity signed by the nominees (L497) Designated Senior Manager / Chief Manager posted at Zonal Office/Head Office i) Early repayment is permitted. the basis of the relevant notification issued by the respective State Governments. 65% of the gross emoluments of the concerned employee.40. (Simple) Repayment Period Principal amount repayable in 48 equal monthly instalments and thereafter interest amount to be recovered in 12 equal monthly instalments. Quantum Loan of Officers .Rs. affected areas.30. 2 Identification of The areas affected by natural calamities will be determined on the . 9 . 4 .000/Clerks . Sanctioning Authority Other conditions   .Rs. the limit available would be to the extent of difference between his present eligibility and outstanding amount in the existing loan account (principal loan account). The financial assistance may be granted on the basis of application-cum-self declaration (specimen enclosed). 6 . flood. earthquake etc.50. 7 . 5 . Affected areas 3 . K)  Scheme for extending financial assistance to the staff members who have suffered loss on account of  natural calamities such as heavy rains. However.

6. 104/137 dated 25.300 per diem Rs.III 800 700 600 Provided that in the case of officers in Scale IV and above. Salary Advance for Festival is available for following festivals (99/168) h) Ganesh Chaturthi Jayanties Festivals i) Holi a) Chhatrapati Shivaji a) Baishakhi j) Maha Shivratri b)Dr. Rs.05. 500 per diem Rs.II. As per Salary Revision for Award Staff the Halting Allowance (w. shall be Rs. 01.subject to a minimum of Rs. Delhi.02.250 per diem Grade I Scales of Officers C Other Places Rs.8.1200/.2009. Rs.08.5. Clerical Staff Sub-ordinate Staff Rs.2010) Major' A' Class Cities Area I Other Places Rs.01.to `1000/. B.once in five years on declaration basis. This change would be effective from 01. halting allowance payable per diem while on outstation work at the four metro~.2011. during the meeting held on 12.in the case of Clerical Staff members and Rs.2011 . The Board has also approved for extending the said facility to Special Assistants on similar terms.08.OOOI.2011 The Board of Directors.e.  K) As per Salary Revision of Officers Halting Allowance (w. Ambedkar b) Bakri-Id k)Onam c)Gandhi Jayanti etc.R. in its meeting dated 21.in the case of Sub-Staff members with effect from 12. has approved revision in entitlement for providing briefcase to Head Cashier Category II and Agricultural Assistants from `600/.e.f. c) Buddha Purnima l)Parsi New Year d) Christmas m)Pongal e) Dhamma Chakra Pravartan n)Ramzan-Id and f) Diwali o)Ugadi g) Durga Puja (Dasara) M) Revision in the cost of Brief Case to Agricultural Assistants/Head Cashier Category II / Special Assistants (Br.185 per diem L) Salary Advance for Festival (Branch Circular 103/88) The Board of Directors.OOOI.2010) A Places with population of 12 lakhs and above and State of Goa B Places with population of 5 lakhs and above.f.2009.375 per diem Rs. Officers in Scale IV & above 1. Mumbai Kolkata and Chennai. Circular No.1000/-. has accorded approval for revision in the amount of Festival Advance to the nearest thousand of one month's Basic Pay of the staff members.000 800 700 Officers in Scale I. viz.and for officers in Scale I/II/III Rs.375 per diem Rs.01. 1. State Capitals/ Capitals of Union Territories not covered in (A) Rs.

2011 following revision is made in respect of cost of Brief Cases for Officers.00 2600. 97/14 dated 16.  With effect from 21. 104/148 dated 18. No.01. 103147 dated 11. `)  Scale Scale I  & II Scale III Scale IV Scale V Scale VI Proposed Amount 1200.2009) (iii) Conveyance Expenses (Branch Circular No.12. 105/005 dated 05-04-2011) (x) Medical Aid I Ex-gratia Medical Aid (Branch Circular NO. 2.HO:P:IRRS:I797 dated 21.06. and as amended from time to time) (viii) Entertainment Expenses (Branch Circular No.02. 103/45 dated 11. 5.00 o) Probationary Officers . Circular No.06.N) Revision in the cost of Brief Case to Officers – Br.06. 104/136 dated 25.2011.04.01.2004 and HO:P:IRRS:I-1695 dated 10.2003.09. 103/154 dated 29.01.1997 advising the limits for reimbursement of expenses incurred by Officers towards purchase of Briefcase once in five years. 1997-98/7 dated 19.2009) (iv) Residential/ Subsidised Accommodation subject to availability (Branch Circular No.103/44 dated 11. Circular No. 3.2005 addressed to Zonal Managers.01.00 2100.00 1600. All Zones. (Earlier Circular No .01. 99/136 dated 10.1 04/126 dated 11.2009) (ii) Cleaning Material Expenses (Br. 4. Circular 10M NO.2011 ) (ix) Telephone facility at residence (if eligible as per designation) (Branch Circular No.04.2011) (vi) Transportation expenses upon transfer as per service regulations (vii) Officiating Allowance if assigned by the Competent Authority (Branch Circular No.2011) .                                    (Amt.2005) (v) Briefcase (Branch Circular NO.12.2011 (i) Newspaper Expenses (Branch Circular No. against submission of bills / receipts for the same)       Sr.Various benefits available to them while on probation (Branch circular No. 1.00 1800. The reimbursement is to be given on declaration basis.1 04/136 dated 25.

General Manager Handset (Nokia – in the range `. 3. At Very Large Branches (i) Senior Managers (Deposits) (ii) Senior Managers (Credit & FE) At Large Branches (i) Dy.m. 7.p. 10. Head Office addressed to all Zones for full details. monthly rental amount. General Manager-Zonal Manager Handset (Blackberry) provided by the Bank. refer to IOM No.1. amounting to `.p.000/-) provided by the Bank. call charges. General Manager Handset (Nokia – in the range `. Circular 105/005 dt 05-04-2011) Monetary limits Sr.m.6. service tax etc. No.m. 5. (`) per month (including service tax) 1900 1600 1600 1000 700 500 500 1. amounting to `.7. service tax etc. General Managers Deputy General Managers Zonal Managers Assistant General Managers Chief Managers Designated Senior Managers at Head Office/ Zonal Offices etc.8. 9. Manager (Deposits) Medium Branches (i) All Assistant Managers (Deposit and Admin & Services) Chief Manager/ Senior Manager – (Administrative in-charge as the case may be) of Estate Department.347/. service tax etc. 2. call charges. 8. monthly rental amount. 6. Dy.356/.p.500/. (Br.P.m.7.to `. All Executives in the rank of Assistant General Manager and above are entitled to mobile phone facility.000/-) provided by the Bank.2. Provision of Telephone to designated officers.) . monthly rental amount. General Manager-Zonal Manager Handset (Blackberry) provided by the Bank.2. monthly rental amount. Dy. HO:ESTATE:KBS dated 23.10.2. call charges. 4. Head Office 500 500 1600 (Officers upto Assistant General Manager level may also avail internet facility within the abovesaid entitlements). amounting to `. subject to monetary ceiling as under :Asst. (Pl.1.623/.m.2010 of Estate Department. 03. Manager (Credit & Foreign Exchange) (ii) Dy. call charges.500/.631/. in addition to telephone facility provided at their residence.to `.899/. General Manager Handset (Blackberry) provided by the Bank. monthly rental amount. service tax etc. Asst. service tax etc.p. Designation Amt. amounting to `.p. call charges. amounting to `.

05.03. "C:\Users\Administrator\Documents\Ancilliary benefits. Reimbursement of expenses / claims of the eligible Officers to be considered upto the maximum monetary ceiling limits as mentioned above or the actual expenses incurred by him / her as per the bills (for landline or mobile) submitted.04. whichever is less.doc" . on monthly basis. The monetary monthly ceiling limits to be made effective from 01.2011 (for expenses incurred from the said date) and reimbursement of claims for expenses incurred may be considered on monthly basis as hitherto.

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