1
SERVICE CONDITIONS OF OFFICERS
1. SCALES OF PAY
Scale I : Rs 10000-470/6 -12,820- 500/3- 14320-560/7 – 18240
Scale II:Rs. 13,820 -500/1- 14320 - 560 /10 - 19920
Scale III:Rs. 18240 -560/5- 21040 - 620 / 2 - 22280
Scale IV: Rs. 20480 -560 /1- 21040 - 620 / 5 - 24140
Scale V:Rs. 24140 - 620/- 26620
Scale VI: Rs. 26620 -- 680/- 29340
Scale VII: Rs, 29340 -680/2 - 30700 - 900 /1 -31600 - 1000/1-32600
FITMENT
Fitment shall be stage to stage, i.e., on corresponding stages from 1 st stage onwards and the increments shall fall on the anniversary date as usual.
INCREMENT
a)The increments specified in the scales of pay shall, subject to sanction of the competent authority, accrue on an annual basis and shall be granted on the first day of the month in which these fall due,
b)SLIDING SCALE
Officers in Scale I and Scale II, 1 year after reaching the maximum in their respective scales, shall be granted further increments including stagnation increments) in the next higher scale only as specified in (c)below subject to their crossing the efficiency bar "as per guidelines of the Government,
Provided further that such increment/s in the next higher scale/stagnation increment/s shall be not be allowed to an officer who refuses promotion when offered. (HRD Circular No. 344 dated. 20.9.2006)
Guidelines for crossing Efficiency Bar
Crossing the Efficiency Bar shall apply only in the following cases:-
i)Where an officer is under suspension.
ii)Where a disciplinary action has been initiated against an
officer employee.
iii) Where an officer employee has earned an adverse remark from the Reporting Authority in the Reporting year preceding the date on which the officer employee is due to cross the Efficiency Bar and the same has been conveyed to the officer employee.
(c) STAGNATION INCREMENT
(i)Officer in scale-I who reach maximum of the MMG-II due to automatic movement shall draw two stagnation increments of Rs. 560/- at a gap of three years.
(ii)Officer in MMG-II who reach maximum of the Scale-III due to automatic movement shall draw two stagnation increments of Rs. 560/- at a gap of three years.
(iii)Who are actually promoted to Scale-III will draw two stagnation increments. 2nd stagnation increment will be released after three years of 1st stagnation increment.
FITMENT OF SCALES
SCALE-1 / SCALE-II / SCALE-IIIOLD / REVISED / OLD / REVISED / OLD / REVISED
BP / BP / BP / BP / BP / BP
7100 / 10000 / 9820 / 13820 / 12540 / 18240
7440 / 10470 / 10160 / 14320 / 12880 / 18800
7780 / 10940 / 10500 / 14880 / 13220 / 19360
8120 / 11410 / 10840 / 15440 / 13560 / 19920
8460 / 11880 / 11180 / 16000 / 13900 / 20480
8800 / 12350 / 11520 / 16560 / 14240 / 21040
9140 / 12820 / 11860 / 17120 / 14620 / 21660
9480 / 13320 / 12200 / 17680 / 15000 / 22280
9820 / 13820 / 12540 / 18240 / (+)15380 / (+)22900
10160 / 14320 / 12880 / 18800 / (+) 15760 / (+) 23520
10500 / 14880 / 13220 / 19360
10840 / 15440 / 13560 / 19920
11180 / 16000 / AFTER CROSSING E BAR
11520 / 16560 / 13900 / 20480
11860 / 17120 / 14240 / 21040
12200 / 17680 / 14620 / 21660
12540 / 18240 / 15000 / 22280
AFTER CROSSING E BAR / (+) 15380 / (+) 22900
12880 / 18800
13220 / 19360
13560 / 19920
(+) 13900 / (+) 20480
(+) 14240 / (+) 21040 / B.P. AFTER STAGNATION INCREMENT
(+) denotes for stagnation increments.
Provided that on and from 1.11.1994 officers in substantive Scale III, i.e.. those who are recruited in or promoted to Scale III shall be eligible for second stagnation increment three years after having received the first stagnation increment.
Note:
Grant of such increments in the next higher scale shall not amount to promotion. Officers even after receipt of such increments shall continue to get privileges, perquisites, duties, responsibilities or posts of their substantive Scale I and Scale II as the case may be.
Stagnation increment qualifies for DA, CCA, HRA and superannuation benefits.
The following are the competent authority for the purpose of sanction of increment in the scale of pay :-
a)JMG Scale IManager b) MMG Scale II Sr. Manager.
c) MMG Scale IIIChief / RM/ CM
d)SMG Scale IV & V DGM (Zone) ADGM(HO Div)
e)TEG Scale VI -ZMs GM- Personnel , Other than ZMs GM (Zone/HO)
f) TEG Scale VII Chairman & Managing Director
For incumbents incharge in Scale I & II, the competent authority is RM /SRM
(d) CAllB INCREMENT AND PROFESSIONAL QUALIFICATION PAY
(d).(i).CAIIB INCREMENT
An additional increment each shall be granted in the scale of pay for passing Part I of CAIIB / Junior Associate of Indian Institute of Bankers and Part II / Certified Associate of the Indian institute of Bankers Examination or Associate examination of chartered institute of bankers London.
Explantion:
In the case of an officer who has passed Part I or Part II of Certified Associate of Indian Institute of Bankers Examination as an officer before the appointed date, the additional increment or increments as the case may be, shall be given effect to from the appointed date provided that he has not received any increment or received only one increment for passing both parts of the said Examination.
(ii) PROFESSIONAL QUALIFICATION PAY
- On and from 1.11.2002, other things being equal, the quantum, of Professional Qualification Pay shall stand revised as under:
Those who have passed only Part I of CAIIB or JAIIB / (i) Rs. 300/- p.m. after one year on reaching max. of the scale
Those who have passed Both part of CAIIB / Rs. 300/- p.m. after one year on reaching max of the scale
(ii) Rs, 750/- p.m. after two years on reaching max. of the scale.
- Provided further that an officer shall not be eligible for PGA, if he refuses to except promotion when offered.
- On and from 1.11.1994 Professional Qualification Allowance or Professional Qualification Pay, as the case may be, shall rank for Dearness Allowance, House Rent Allowance and Superannuation Benefits.
- If an officer who is in receipt of Professional Qualification Pay is promoted to next higher scale, he shall be granted, on fitment in such higher scale, additional increment(s) for passing JAIIB/ CAlIB to the extent increments are available in the scale and if no increments are available in the scale, the officers shall be eligible for Professional Qualification Pay in lieu of increment(s).
(e) INCREMENTS ON PROMOTION
(i) Normally when an officer is promoted to higher scale the date of his increment shall be the anniversary date in the previous scale of pay.
(ii) Where an officer reaches the maximum in the previous scale of pay or on promotion gets an increase in the Basic Pay equivalent to two or more increments in the previous scale of pay, the date of increment shall be the anniversary date of promotion. However if the Basic Pay after deduction of increment for CAIIB is not at the maximum then the date of increment shall be the anniversary of last increment.
(iii) If an officer is promoted to higher scale after reaching the maximum in the previous scale of pay, but before drawing stagnation increment, the date of his future increment shall be the anniversary date of promotion or due date of stagnation increment in previous scale whichever is earlier.
(iv) Provided that officers who. are in Scale I and Scale II and are granted further increments in the next higher scale as in sub-regulation( 1 )(b) shall draw Professional Qualification Pay after one / two years as the case may be ,on reaching the maximum in such higher scales.
2. DEARNESS ALLOWANCE
Dearness Allowance shall be payable for every rise or fall of 4 points over2288 points in the quarterly average of the All India Average WorkingClass Consumer Price Index (General) Base 1960 = 100 at 0.18% ofPay.
‘Pay’ means Basic pay. Stagnation increment and PQP.
3. HOUSE RENT ALLOWANCE
(a)Place of WorkRate______
(i) Major' A' Class Cities as declared by Govt. 8.5 % of pay
from time to time and Project Area Centres in Group'A’
(ii) Places in Area I (population more than 12 7.5 % of pay
lac) and Project Area Centres in Group 'B'
(iii) Other Places (Population of 12 lacs and less) 6.5 % of pay
(b)In case of production of rent receipt, HRA payable is actual rent paidin excess over 1.75% of the Pay in the first stage of scale of pay in whichhe /she is placed with a maximum of 150% of rate as mentioned above,
(c) 'pay' means Basic Pay, Stagnation Increment and PQP
(d) Method of calculation in case officer resides in his own house.
Municipal Taxes + 12% of Capital Cost of the house, including Cost of land------
1
12
OR
Annual Rental Value for purpose of Municipal Assessment1
------
12
1
Whichever is more with a maximum of 150% of rate as mentioned above
4. CITY COMPENSATORY ALLOWANCE
AREA / RATE / MAXIMUM amount(i) Place in Area 1 and in the State of Goa / 4% of Basic pay / Rs.540/-p.m.
(ii) Places with population of 5 lacs and over and State Capitals and Chandigarh, Pondichery and Port Blair. / 3 % of Basic Pay / Rs.375/-p.m.
5. PROVIDENT FUND
10% of Pay.
Note:
‘Pay’ for purposes of Provident Fund shall mean Basic Pay includingstagnation increments and professional qualification pay and increment
component of fixed personal allowance and officiating allowance.
6. FIXED PERSONAL PAY
Officers who are granted an advance increment w.e.f 1.11.93 shall draw the fixed personal allowance one year after reaching the maximum which shall be equivalent to an amount of last increment + DA thereon + HRA. In respect of officer employees who are not provided with bank's accommodation, the house rent allowance component of fixed personal allowance shall be the increase in quantum of house rent allowance drawn by the concerned officer employees when the last increment of the relevant scale of pay as specified in (1) above is earned.
Fixed personal pay given here under with House Rent Allowance, if any shall remain frozen for the entire period of service.
Increment componentt(A) Rs. / D.A. as on 1.11.2002
(B) Rs. / Total FPP payable where bank's accommodation is provided
(C) Rs.
560
620
680
1000 / 23
25
28
41 / 583
645
708
1041
(i) F.P.P. as indicated (C) above shall be payable to those officer employees who are provided with residential accommodation by the bank.
(ii) F.P P. for officer eligible for House Rent Allowance shall be (A)+{B) + House Rent Allowance component of last increment released.
(iii) The increment component of Fixed Personal Pay shall rank for superannuation benefits & PF deductions.
(iv) FPP is not payable to employees joined after 01-11-1993.
(v) Professional Qualification Pay, if any payable in the year of receipt of F P A shall stand shifted to next year.
7.MEDICAL AID (w.e.f 01.02.2004)
(a)Officers in JMG and MMG Rs. 3750 /- p.a.
(b)Officers in SMG and TEG Rs. 5000 /- p.a.
Reimbursement will be made on the basis of officers' own certificate supported by a statement of A/C s of expenditure.
8.PROBATION
An officer directly appointed to JMG Grade shall be on probation for a
period of 2 years.
An employee of the Bank promoted as an officer in the JMG Gradeshall be on probation for 1 year.
An officer appointed to any other grade shall be on probation for suchperiod as may be decided by the Bank.
Officer on promotion from one Scale / Grade to another Scale/Gradeshall be on probation for a period of 1 year. The PAF in respect of thoseofficers will be called for reviewing their performance on quarterly basis.For all other confirmed officers, the PAFs are to be reviewed on financialyear basis.
The competent authority may, in case of any officer, reduce the year of
probation or dispense with probation.
9.PENSION
In respect of an officer, who is a member of the Pension fund, who retires or dies while in service or otherwise ceases to be in employment on or after the 1st May 2005, "Pay" for the purpose of pension shall be the pay last drawn by the officer prior to his retirement/death.
Note:
a)The Bank (Employees') Pension regulations, 1995 does not applyto the officers of State Bank Of India.
b)"Pay" for the purpose of Provident fund and Pension shall meanBasic Pay including stagnation Increment, PQP, incrementcomponent of FPP & Officiating Allowance.
10 HILL AND FUEL ALLOWANCE(From1.11.2002)
PLACE / RATE(i) Place with altitude of 1000 meters and above but less than 1500 meters and MercaraTown
(ii) Place with altitude of 1500 meters and above but less than 3000 meters.
iii) Place with attitude of 3000 meters and above / 2% of pay subject to a maximum ofRs.400/-p.m.
2.5% of pay subject to a maximum of Rs.500/-p.m.
5% of pay subject to a maximum of Rs.1150/-p.m.
1
Officers posted in places with an altitude of not less than 750 meters and which are surrounded by hills with higher altitude which can not be reached without crossing an altitude of 1000 meters or more, will be paid hill and fuel allowance of the same rate as is payable at centres with an altitude of 1000 meters and above.
11.MID ACADEMIC YEAR TRANSFER ALLOWANCE
If an officer is transferred from one place to another in the midst of an academic year and if he has one or more children studying in school or college, in the former place, a mid academic year transfer allowance of Rs. 500 /- p.m. is payable from the date he reports to the latter place upto the end of the academic year in respect of all the children provided that such allowance shall cease if all the children cease studying at the former place.
Clarification: Such officers who are transferred from one place to another in the midst of an academic year and are also provided with the facility of residence at both the places for a limited period are not entitled to Mid Academic Year Transfer Allowance.
12.DEPUTATION ALLOWANCE
On and from 01.06.2005, if an officer is deputed to serve outside the Bank, he may opt to receive the emoluments attached to the post to which he is deputed. Alternatively, he may in addition to his pay, draw a deputation allowance of 7.75% of pay with a maximum Rs. 1,500/- p.m. and such other allowances as he would have drawn if he had been posted in the bank's service at that place.
Provided that where he is deputed to an organisation which is located at the same place where he was posted immediately prior to his deputation, he shall receive a deputation allowance equal to 4% of his pay with a maximum of Rs.750/- p.m..
Provided further that an officer on deputation to the training establishment of the bank as a faculty member shall be eligible for deputation allowance at 4% of his pay with a maximum of Rs. 750/p.m.
13..CLOSING ALLOWANCE
On and from financial year 1989-90, if the officer is posted at the branch where books are closed on 31 st March and 30th September, closing allowance of Rs. 250/-for each of the closings will be payable.
14.OFFICIATING ALLOWANCE (HRD 75 DT 03.05.2002)
On and from 01.11.99, if an officer is required to officiate in a post in a higher scale for a continuous period of not less than 7 days at a time or an aggregate of 7 days during a calendar month, he shall receive an officiating allowance equal to 6% of pay, pro-rata for the period for which he officiates. Officiating allowance will rank as pay for purposes of Provident Fund /Pension and not for other purposes.
Provided, that where an officer comes to officiate in a higher scale as a consequence solely of the review of the categorization of posts under Regulation 6, he shall not be eligible for the officiating allowance for a period of one year from the date on which the review of the categorization takes effect.
For the purpose of calculating officiating period, the day on which the officer takes over full charge and intervening Sundays and Holidays may be taken into account and the day on which the charge is handed over should be excluded..
15.SPECIAL AREA ALLOWANCE
With effect from 01.11.2002 Special Area Allowance may be paid to the Officer Employees at places indicated in the Annexure I till such time they are withdrawn or modified either wholly or partially.
Provided that if at any of the places indicated in the Circular, Hill and Fuel Allowance as provided under Regulation 23 (X) is also payable, then the officer shall be eligible to draw only higher of the two allowance and not both. Provided further that if such higher of the two allowance is less than the aggregate of Special Area Allowance and Hill and Fuel Allowance drawn by the officer on 31.10.1999 then such difference shall beprotected as personal allowance till such time the officer remains at that place.
Further, officers who are eligible to draw the adhoc and temporary incentives are not entitled to the Special Area Allowance payable in North East Region,
16. ENTERTAINMENT EXPENSES AND CLUB MEMBERSIP FEE
A. CLUB MEMBERSHIP
Officers in Top Executive Grade, Sr. Management Grade, MMG Scale III & Scale II in branches are eligible for reimbursement of admission fee for membership of Clubs / Associations.
In addition to the above, the following officers are also eligible for reimbursement of admission / membership fee of Clubs:
Development Manager (Defence) in Scale III
Faculty members at CSC /ZTC in MMG Scale II and above.
LBOs and District Co-ordinating Officers.
All the above said categories of officers will be eligible for reimbursement of admission fee for membership of Clubs / Associations subject to a limit of Rs. 1000 /-p.a..
Reimbursement of monthly /annual subscription fee of Clubs, whose Admission / membership fee has been paid by the Bank, may also be made to eligible officers subject to a maximum amount of Rs.125/- p.m. or Rs.1500/- p.a.
All other officers except those mentioned above shall bear the expenses towards membership of Clubs /Associations, out of their Entertainment Expenses limits fixed as above.
B.ENTERTAINMENT EXPENSES
Eligible Officer for Entertainment and Club Membership fee / Maximum Annual Limit for Entertainment ReimbursementRs.
1. a. JMG Scale I (incumbent incharge of branch)
1. b. Officers in JMG Scale-l ( Dy. Manager )
1. c. Officers in JMG Scale I( other than BM / DMs ).
2.a. Management Grade Scale II (incumbent incharge)
2 b. MMG Scale II (Others)
3.a. MMG Grade Scale III(Incumbent Incharge)
3. b. MMG Scale III (others)
4.a. SMG Scale IV(Incumbent Incharge)
4.b. SMG Scale IV (others)
5. SMG Scale V
6. Top Executive Grade Scale VI
7. Top Executive Grade Scale VIII.
8. Chief General Manager / 3750
3500
3000
4200
4000
6000
4500
7500
7000
8000
15000
25000
30000
Besides the above category of officers the following officers are also entitled to the reimbursement of Entertainment Expenses:
-Faculty members in MMG Scale II / III at CSC / ZTC,
-Officers in JMG Scale I posted as Incharge of the Extension Counters for the period they remain posted as such on the basis of pro-rata limits applicable to the Branch Manager in Junior Management Grade Scale 1.
-Officers Incharge in Currency Chest / Priority Sector Cells/Zonal Stationery Cells.( As admissible to BM in JMG Scale I)
-Officers in JMG-Scale I posted as Incharge of the Currency Chest/
Priority Sector Ceils / Zonal Stationery Cells: on pro-rata basis as in the
case of Officer Incharge of the Extension Counters.provided such cells
are not part of any Branch / Admn. Office.
-Officers in JMG Scale I posted as incharge of Extended Services( Morning and Evening Counters ). In terms of the guidelines the limitsare attached with the Extended Service Counters and not to the concerned officers and will be limited to 50 % of the limits applicable to the Officers Incharge in JMG Scale I. However, w.e.f. 1.6.2001 facility of reimbursement of entertainment expenses has been extended to officers of JMG Scale I, working in branches. Hence in such cases, officers posted as incharge in extended services shall be eligible for their entitlement of JMG Scale I only.
-Officers deputed to RRBs are entitled at par with the entertainment
expenditure limit of officers posted in administrative offices.
-Officers officiating in place of permanent incumbents entitled to reimbursement of Entertainment Expenses shall be eligible for reimbursement of difference of both entitlements of such expenses on pro-rata limit basis for the period of their officiating.
- Internal Auditors / Concurrent Auditors in MMG Scale II & III are entitled to entertainment expenditure limit at par with limits applicable to Managers in the same grade, posted in Administrative Offices.