LIST OF GROSS MISCONDUCT
LIST OF GROSS MISCONDUCT – Clause 5 (a) engaging in any trade or business outside the scope of his duties except with the written permission of the bank; (b) unauthorised…
JOINING TIME LEAVE
Joining time of six days allowable under Para 511 of Sastry Award may be granted either immediately after relieving or within three months after joining the new place of posting.…
NEW MEDICAL INSURANCE SCHEME
The scheme covers expenses of the officers / employees and dependent in cases he/she shall contract any disease or suffer from any illness (hereinafter called DISEASE) or sustain any bodily…
LEAVE FARE CONCESSION – SUBSTAFF
Employees are eligible to avail Leave Fare Concession facility to visit their place of domicile or visit any place in India upto eligible distance. SUBSTAFF Once in 2 years –…
LEAVE FARE CONCESSION – CLERK
Employees are eligible to avail Leave Fare Concession facility to visit their place of domicile or visit any place in India upto eligible distance. CLERK: Once in 2 years –…
Definition of Family
In partial modification of Clause 18 of the Bipartite Settlement dated 25th May, 2015, for the purpose of medical facilities and for the purpose of leave fare concession, the expression…
MEDICAL AID
• On declaration basis : Rs.2355 per year In partial modification of Clause 17 of the Bipartite Settlement dated 25th May, 2015, with effect from 1st November 2017, the reimbursement…
Family Pension
Subject to approval by the Government, It is agreed that family pension shall be payable at the uniform rate of 30 percent of the Pay of the deceased employee and…
NEW PENSION SCHEME
Those who have joined/joining the Banks on and from 1-4-2010 will be governed by the New Defined Contributory Pension Scheme. AGE OF RETIREMENT :60 years Features of New Pension Scheme:…
PROVIDENT FUND
a) Employees who had joined the Banks prior to 1-4-2010 and opted to continue under Contributory PF would contribute 10% of their Pay every mnth with matching contribution from the…