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_gl[ PUNJAB & SIND BANX


(srrf, TrcsR 61 5c]F{) (A Gov€rnment Ot lndia undertaking)
c.6r. rrirE {grqir futrff E!{rl H.O. Human Resources Developrnent Oeptt.
f+fi: ho.hrd@osb.co.in E-mall: ho.hrd@psb.co.in

ANNEXURE-A to HO Circular No. 1458/2021-22 dated 30.03.2022

r EXISTING CLAUSES

AMENDMENTS PROPOSED IN EXISTING CLAUSES


PROPOSED CLAUSES

ELIGIBILITY FOR PROMOTION ELIGIBILITY FOR PROMOTION


'1.2 Notwithstanding what is stated above: 1.2 Notwithstanding what is stated above:
i. Seniority Channel: lvlinimum 75% marks in i. Seniority Channel: Minimum average of 757o
APAR in preceding three completed financial marks in APAR for preceding three completed
years for which the promotion process is being financial years for which the promotion process
held would be required. For example- for the is being held would be required. For example-
promotion process 2021-22, an officer under for the promotion process 2022-23, an officer
Seniority Channel must secure at least 75% under Seniority Channel must secure an
marks as on 31.03.18,31.03.2019 & 31.03.20. average of 75% in APAR marks for
preceding three completed years i.e.
31.03.20'1 9, 31.03.2020 & 31.03.2021.

ii. Merit Channel: lvlinimum 75% marks in APAR


for each of the years of service required for ii. Merit Channel: lvlinimum average of 75%
eligibility for promotjons would be required. marks in APAR for the years of service
required for eligibility for promotion would be
req u ired.
1 .4 PERFORMANCE & POTENTIAL for 1.4 PERFORMANCE & POTENTIAL for
shouldering higher responsibilities shall be judged shouldering higher responsibilities shall be judged
as under:- as under:-

Fudher, if for any reason APAR for the year of his Further, if for any reason APAR for the year of his
joining the Bank is not available, APAR for the last joining the Bank as officer (Po/Promotee) is not
two completed years will be considered for the available, APAR for the last two completed years
purpose of promotion. will be considered for the purpose of promotion.
For Example:- lf an officer joined the Bank after 1st For Example:- lf an officer joined the Bank (as
January 2018 his APAR for that year (2017-18) will Po/promotee) after 1st January 2019 his APAR for
not be considered as he has not worked for at least thatyear (2018-19) willnot be considered as he has
90 days in that financial year and average ofAPAR not worked as officer for at least g0 days in that
for the remaining last two completed years i.e. as financial year and average of APAR for the
on 31 .03.19 & 31.03.20 will only be considered. remaining last two completed years i.e. as on
31.03.20 & 31.03.21 will only be considered.

2-1 -ELIGIBILITY FOR PROMOTION IN TERMS 2.,I .ELIGIBILITY FOR PROMOTION IN TERMS
OF LENGTH OF SERVICE OF LENGTH OF SERVICE

PROMOTION MINIMUM NO. OF YEARS PROMOTION MINIMUM NO, OF YEARS


FROM SERVICE TO BE ELIGIBLE FROM SERVICE TO BE ELIGIBLE
FOR PROMOTION FOR PROMOTION

s;;i;r/ to 3 years satisfactory servjce in Scale-V to 3 years satisfactory service in


Scale-Vl Scale-V provided that the Scale-Vl Scale-V provided that the
Merit officer has put in total Merit officer has put in total services
Channel services of 15 years. Channel of 15 years.

Further, it will be Deleted


mandatory for officers in
generalist cadre to have at
least 3 years branch
experience in any previous
scale out of which 2 years
as Branch Head.

ln case a Specialist Officer ln case a Specialist Officer


joins at Scale-ll or above, the joins at Scale-ll or above, the
mtntmum servrce minimum service requirement
requirement would be would be reckoned from the
reckoned from the level at level at which the officer enter
which the officer enter the the service. For example, if a
service. For example, if a Specialist Offlcer enters at
Specialist Officer enters at Scale-ll, the minimum length
Scale-ll, the minimum length of service for promotion from
of service for promotion from Scale-V to Vl will be 12 years
Scale-V to Vl will be 12 years instead of 15 years.
instead of 15 years.
Scale-Vl Furthor, it will be Scale-Vl
Scale-Vll mandatory for officers in Scale-Vll Deleted
g€noralist cadre to have at
l\rlerit least 3 years branch Merit Channel
Channel sxperience in any
previous scale oul of
which 2 years as Branch
Head.

Provided further that for Provided further that for being


being promoted to Scale - promoted to Scale -Vll, the
Vll the officer should have officer should have worked
worked as: AS:
i) Zonal Head for one year i) Zonal Head for one
or year or
ii) Head of CBB for two ii) Head of CBB for two
years or years or
iii) Head of Cen-Marg for two iiD Head of Cen-Marg for
years or two years or
iv)Must have worked in Scale iv) Must have worked in
-lV to Vl in the Zonal Scale -lV to Vl in the
Office/FGM Office for two Zor\al Office/FGM
years. Office/Head Office for
These conditions are for two years.
officers under Generalist These above mentioned
Cadre. conditions are for officers
under Generalist Cadre.

Note: Point 7 .3 and 7.4 in the existing Promotion


policy has been modified accordingly as per
changes mentioned in point 2.1 above.

:d,;,,;D

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