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:- MajorAClass AreaI AreaII AreaIII ForCar Cities Owners Monetary Petrol Monetary Petrol Monetary Petrol Monetary Petrol Limit Limit Limit Limit Limit Limit Limit Limit ScaleI 700 45 600 45 600 40 500 35 55 1000 55 1000 50 800 45 ScaleII 1050 70 1200 70 1200 60 1000 50 ScaleIII& 1350 IV All MajorAClass AreaI AreaII AreaIII categories Cities ofofficers Monetary Petrol Monetary Petrol Monetary Petrol Monetary Petrol referredto Limit Limit Limit Limit Limit Limit Limit Limit above owningtwo wheelers 35 650 35 600 30 500 25 Motor 700 cycles& Scootters Mopeds 30 650 30 600 25 500 20 700 MajorAClassCities Ahmedabad,Bangalore,Chennai,Delhi,Hyderabad,Kolkatta&Mumbai AreaI Placeswithpopulation12lakhsandabove AreaII Placeswithpopulation1lakhandabovebutlessthan12lakhs AreaIII Allotherplaces

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.

B) Reimbursement of Entertainment Expenses Revised Ceilings w.e.f. 01.04.2007 VII General Managers 15,000/VI Zonal Managers 13,500/Branch Managers 12,000/Others 9,000/3. V Zonal Managers 9,000/Branch Managers 8,400/Others 6,000/4 IV Branch Managers 7,500/Others 4,200/5. III Branch Managers 6,000/Others 3,600/6 II Branch Managers 5,400/Others 3,600/7 I Branch Managers 4,500/Others 2,700/Vide Branch Circular No. 101/51 dated 02.07.2007, Special Assistants are allowed Entertainment Expenses of Rs.180/- per month w.e.f. 01.07.2007. 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.
C) Reimbursement of cost of Cleaning Material (Br. Circular 103/45dated11.06.2009) MonetaryCeilinglimitsforreimbursingcleaningmaterialexpenseswitheffectfrom01.05.2009on declarationbasis,tobeclaimedafterendofthecalendarquarter. Scale VI & VII Rs.1500/- p.m. Scale V & IV Rs.1200/- p.m. Scale III Rs.700/- p.m. Scale II Rs.600/- p.m. Scale I Rs.500/- p.m.

Sr. No. 1. 2.

Scale

Designation

Br. Circular 103/43dated11.06.2009 Reimbursement of cleaning material expenses to Award Staff members on basis effective from May 2009 as under :Clerical Staff (including Special Assistants) :Rs.225/-per month Subordinate Staff members (including sub-staff drawing scale wages) : Rs.175/- per month

declaration

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. (Change in entitlement per month for Award Staff vide Br. Circular No. 104/137 dt 25.01.2011 effective from 01.02.2011).

 D) ReimbursementofNewsPaperBills(Br. Circular 103/44dated11.06.2009) Revision in entitlement / monetary limits for reimbursement of newspaper expenses, on declaration basis, effective from the month of April, 2009. Accordingly, 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.500/Senior Management Grade Scale IV & V Rs.350/Officers upto Scale III Rs.250/For Award Staff members Category Entitlement per month Clerical Staff Rs.150/Sub-staff members Rs.125/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. (Change in entitlement per month for Award Staff vide Br. Circular No. 104/137 dt 25.01.2011 effective from 01.02.2011).

E) Provision of Rubber Hand gloves, apron and mask to Safai Karmacharis to protect them from unhygienic conditions. (Branch Circular 104/103 dt. 02-12-2010.

Revised ceilings are as under 1. Rubber Hand Gloves Monthly - Rs.60 per pair per month 2. Apron Periodicity Yearly one - Rs.160 per pair 3. Washing Allowance Rs.10 per month 4. Mask - periodicity Monthly 4 masks Rs.15 each (Max Rs.60 for 4 masks) The aforesaid amounts will be paid on declaration basis. In respect of rubber hand gloves, washing allowance and mask, the payment will be on monthly basis and in respect of apron, the payment will be on yearly basis. The above revision will be effective from 01.12.2010.
F) SupplyofSummerandWinterUniformsandFootweartoSubordinateStaff UpwardrevisionincostceilingofUniforms,stitchingchargesandfootwearfortheperiodJanuary 2011toDecember2013 Ref:HO:HR:IR:VGK:I1067:B21dated20122010.

The cost ceiling in respect of the said items has now been revised upward for the period January 2011 to December 2013, as under :Sr. Item No. Existing Rates for the period Revised Rates for the January 2008 to December period January 2011 to 2010 December2013 `400/perset `1,320/perset `500/perset `1,450/perset `605/

1. 2. 3.

SummerUniform WinterUniform

Footwear with 2 `550/ pairsofsocks Stitchingcharges 10% increase over the existing stitching charges for summer and winter uniforms.

4.

10% increase over the existing stitching charges for summer and winter uniforms.

Please note, to implement the instructions given vide our IOM No.HO:P:IR:CMR:I300:B-21 dated 08.06.2005 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. All the other existing guidelines regarding periodicity, number of sets of uniform, etc. remain unchanged.
G) Reimbursement of Out-of-pocket expenses to Officers and Award Staff Members attending the Banks residential / non-residential Training Programmes (Br. Circular No. 101/165 dt 17.01.2007) Rates of reimbursements have been decided to be revised with effect from 24.12.2006, vis--vis the existing rates, as follows:-

For Award Staff Trainees

Nonresidential programme (Existing rates) Rs.35/- per day Non-residential programme (Revised rates ) Residential programme (Existing rates) No provision Residential programme (Revised rates)

Local Trainees

Up-country Trainees

Rs.40/- per day

Rs.60/- per day for Mumbai & Delhi (NOIDA) Rs.45/- 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. (No reimbursement will be admissible towards local to & and fro travel between the place of stay and the Training Centre), and no out-of-pocket expenses will be payable.

Rs.75/- per day for Mumbai & Delhi (NOIDA) Rs.65/- per day for the other Centres

Rs.30/-

Rs.75/- per day for Mumbai & Delhi (NOIDA) Rs.65/- per day for the other Centres

For Officer Trainees

Nonresidential programme (Existing rates ) Rs.50/- per day Non-residential programme (Revised rates ) Residential programme (Existing rates) No provision Residential programme (Revised rates)

Local Trainees

Upcountry Trainees

Rs.50/- per day

Rs.75/- per day for Mumbai & Delhi (NOIDA) Rs.60/- 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, 1979. (No reimbursement will be admissible towards local to & fro travel between the place of stay and the Training Centre), and no out-ofpocket expenses will be payable.

Equivalent to 1/4th of the Halting

1/4th of halting allowance

Trainees will be eligible for 1/4th of Halting Allowance, as per the relevant provisions of Bank of India (Officers) Service Regulations, 1979 (no change)

H) Clean Overdraft to Staff - Br Circular No. 95/129 dt 13.12.2001 Sr Service Cadre Limit No. 1 Service 3 years or more but less Officer Rs.1.5 Lakhs than 5 Years Clerical Rs. 1.25 Lakhs Sub-Staff Rs. 1 Lakh 2 Service 5 years or more but less Officer Rs.2.5 Lakhs than 10 Years Clerical Rs. 2 Lakhs Sub-Staff Rs. 1.5 Lakh 3 Service over 10 Years Officer Rs.5 Lakhs Clerical Rs. 3.5 Lakhs Sub-Staff Rs. 2 Lakhs 4 Service Less than 3 years All the above As per (1) above. However total deductions (including notional monthly interest on full OD limit) should not exceed 65% of gross pay. 5 Rate of Interest Vide 103/08 dt. 15.04.2009, the rate of interest would be BPLR Minus 3% Min 8% 6 60% of Sanctioned Amount as OD & Vide 101/38, all new Personal Overdraft 40% as Term Loan Accounts are sanctioned to an employee, 60% of the sanctioned amount should be considered as Overdraft Limit and balance 40% to be considered as Term Loan payable before superannuation.

Clean Overdaft to direct recruit officers in Scale III, IV and Scale V

Refer to Br. Circular No. 102/42 dt 12.06.2008

Middle Management Grade - Scale III Senior Management Scale IV Senior Management Scale V 50,000.00 75,000.00 1,00,000.00

Total deductions (including the notional monthly interest on full limit) not to exceed 60% of gross salary. I) Loan/Overdraft facility to staff against NSC VIII issue. (Br. Circular 99/25 dated 16.05.2005)
Amount advance Existing of A ceiling limit of Rs.1 lakh per employee is fixed for granting advance against NSCs. Within this level request for additional amount against pledge of additional NSC may be entertained. Such requests may be more than once in a calendar year. NIL including interest accrued on NSC Revised A ceiling limit of Rs.3 lakh per employee is fixed for granting advance against NSCs. Within this level request for additional amount against pledge of additional NSC may be entertained. Such requests may be more than once in a calendar year.

Margin

Creation charge security

of In case of advances upto a & limit of Rs.50,000/- , Branches need not insist on registration of Banks 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). Once the loan amount exceeds Rs.50,000/the Banks charge on all NSCs is to be registered with the Issuing Post Office.

i) NIL including interest accrued on NSC upto a limit of Rs.1.00 lakh ii) 10% including interest accumulated on NSCs with limits between from Rs. 1 lac to Rs.3lacs In addition to the existing guidelines, 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.

 Rate Interest of 3.00% below BPLR min. 7.75%. Interest will be charged/serviced on monthly basis (Branch Circular 96/149 dated 18.02.2003) 3.25% below BPLR (103/12 dt 17.04.209). Interest will be charged/serviced on monthly basis. 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. Indian Institute of i)Association Examinations 1 increment Banking & Finance - JAIIB 2 increments (IIBF), Mumbai - CAIIB ii) Diploma in Banking Actual course fee Technology Incentive - Rs.1,000/iii) Diploma in International Actual course fee Banking and Finance Incentive - Rs.1,000/iv) Diploma in Treasury, Actual course fee Investment and Risk Incentive - Rs.1,000/Management vi) Post Graduate Diploma in Actual course fee Financial Advising Incentive - Rs.1,000/vi) Certificate in Trade Actual course fee Finance Incentive - Rs.1,000/vii) Certificate in Anti Money Actual course fee Laundering & Know Your Incentive - Rs.1,000/Customer (AML & KYC) viii) Certificate Examination Actual course fee for Direct Selling & Marketing Incentive - Rs.1,000/Agents ix) Certified Information Actual course fee System Banker (CelSB) Incentive - Rs.1,000/2. Recognised i) Management Courses Actual tuition fee or Universities / Rs.2,000/- whichever is Institutes lower ii) Computer Course (Facility Actual tuition fee or extended to Subordinate Rs.2,500/- whichever is staff members as per lower Branch Circular No.97/115 dated 17/11/2003)

Branch Cir. No. and Date

96/173 27.03.2003 96/173 27.03.2003 100/13 22.04.2006 100/13 22.04.2006 100/13 22.04.2006 100/172 25.01.2007 100/172 25.01.2007 100/172 25.01.2007 96/173 27.03.03 96/173 27.03.03

of of of

of of of

of

of of

of

3. Recognised Universities / Institutes recognised by the Embassy / High Commission / Consulate of the country of corresponding language 4. Bombay Stock Exchange Training Institute 5 National Institute of Securities Market

Part time Diploma / Certificate Course in Foreign Language, preferably of the countries where we have Branches / Representative Offices

Actual course fee 96/173 Incentive - Rs.1,000/- 27.03.03 subject to maximum of Rs.2,000/- (including the incentive of Rs.1,000/-)

of

Actual course fee plus 98/146 of an incentive of 16.10.2004 Rs.2,000/Actual course fee plus HR:HRD:VPS an incentive of received via email from HRD, Rs.2,000/Head Office on Scheme to provide 03.01.2011. Incentive to Employees for passing AMFI Mutual Fund Module Certification has been withdrawn. 6. Indian Institute of Diploma in Home Loan Examination fee 102/58 of Banking & Finance Advising (DHLA) Rs.5000 03.07.2008 (IIBF), Mumbai Incentive Rs.1000 Certificate Examination in Examination fee 102/58 of Quantitative Methods for Rs.2000 03.07.2008 Banking & Finance (CQM) Incentive Rs.1000 Certificate Examination in Examination fee 102/58 of Credit Cards for Bankers Rs.1000 03.07.2008 (CCCB) Incentive Rs.1000 Diploma Course in Micro Examination fee 101/186 of Finance Rs.5000 22.01.2008 Course duration 8 months. Incentive Rs.1000 Special leave for field training Actual number of days Max 10 days Certificate Course in Micro Examination fee 101/186 of Finance Rs.3000 22.01.2008 Course duration 8 months. Incentive 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.1500 and Incentive received via eBanking Codes and mail from HRD, Rs.1000 Standards Head Office on 01.01.2011.

Certification in Central Depository for CDSL (BCCD) Mutual Fund Distribution Certification Examination

K)Schemeforextendingfinancialassistancetothestaffmemberswhohavesufferedlossonaccountof naturalcalamitiessuchasheavyrains,storm,flood,earthquakeetc. Employees who are working in the Branches / Offices operating in 1 Eligibility the areas affected by natural calamities or who are residing in such . affected areas. The financial assistance may be granted on the basis of application-cum-self declaration (specimen enclosed). 2 Identification of The areas affected by natural calamities will be determined on the . the basis of the relevant notification issued by the respective State Governments. Affected areas 3 . 4 . 5 . Quantum Loan of Officers - Rs.50,000/Clerks - Rs.40,000/Sub-Staff - Rs.30,000/Rate of Interest 6 % p.a. (Simple) Repayment Period Principal amount repayable in 48 equal monthly instalments and thereafter interest amount to be recovered in 12 equal monthly instalments. However, the repayment schedule should not be extended beyond the month of retirement of the concerned employee. Repayment to commence from the succeeding month of first disbursement. 65% of the gross emoluments of the concerned employee.

6 .

7 .

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. ii)Eligible employee may avail the benefit on subsequent occasions even before closure of such existing loan account. However, 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).

8 . 9 .

Sanctioning Authority Other conditions

K) As per Salary Revision of Officers Halting Allowance (w.e.f. 1.5.2010) Major' A' Class Cities Area I Other Places Rs. Rs. Rs. Officers in Scale IV & above 1,000 800 700 Officers in Scale I,II,III 800 700 600 Provided that in the case of officers in Scale IV and above, halting allowance payable per diem while on outstation work at the four metro~, viz. Delhi, Mumbai Kolkata and Chennai, shall be Rs.1200/- and for officers in Scale I/II/III Rs.1000/-. As per Salary Revision for Award Staff the Halting Allowance (w.e.f. 01.05.2010)
A Places with population of 12 lakhs and above and State of Goa B Places with population of 5 lakhs and above, State Capitals/ Capitals of Union Territories not covered in (A) Rs.375 per diem Rs.250 per diem

Grade I Scales of Officers

C Other Places Rs.

Clerical Staff Sub-ordinate Staff

Rs. 500 per diem Rs.375 per diem

Rs.300 per diem Rs.185 per diem

L) Salary Advance for Festival (Branch Circular 103/88) The Board of Directors, during the meeting held on 12.08.2009, 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,subject to a minimum of Rs.8,OOOI- in the case of Clerical Staff members and Rs.6,OOOI- in the case of Sub-Staff members with effect from 12.08.2009. 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. B.R. Ambedkar b) Bakri-Id k)Onam c)Gandhi Jayanti etc. 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. Circular No. 104/137 dated 25.01.2011 The Board of Directors, in its meeting dated 21.01.2011, has approved revision in entitlement for providing briefcase to Head Cashier Category II and Agricultural Assistants from `600/- to `1000/- once in five years on declaration basis. The Board has also approved for extending the said facility to Special Assistants on similar terms. This change would be effective from 01.02.2011

N) Revision in the cost of Brief Case to Officers Br. Circular No. 104/136 dated 25.01.2011.

With effect from 21.01.2011 following revision is made in respect of cost of Brief Cases for Officers. The reimbursement is to be given on declaration basis. (Earlier Circular No . 1997-98/7 dated 19.04.1997 advising the limits for reimbursement of expenses incurred by Officers towards purchase of Briefcase once in five years, against submission of bills / receipts for the same)
Sr.No. 1. 2. 3. 4. 5. (Amt.`) Scale ScaleI&II ScaleIII ScaleIV ScaleV ScaleVI ProposedAmount 1200.00 1600.00 1800.00 2100.00 2600.00

o) Probationary Officers - Various benefits available to them while on probation (Branch circular No. 104/148 dated 18.02.2011 (i) Newspaper Expenses (Branch Circular No.103/44 dated 11.06.2009) (ii) Cleaning Material Expenses (Br. Circular No. 103/45 dated 11.06.2009) (iii) Conveyance Expenses (Branch Circular No. 103/154 dated 29.12.2009) (iv) Residential/ Subsidised Accommodation subject to availability (Branch Circular No. 99/136 dated 10.12.2005) (v) Briefcase (Branch Circular NO.1 04/136 dated 25.01.2011) (vi) Transportation expenses upon transfer as per service regulations (vii) Officiating Allowance if assigned by the Competent Authority (Branch Circular No. 97/14 dated 16.04.2003, Circular 10M NO.HO:P:IRRS:I797 dated 21.09.2004 and HO:P:IRRS:I-1695 dated 10.01.2005 addressed to Zonal Managers, All Zones, and as amended from time to time) (viii) Entertainment Expenses (Branch Circular No. 103147 dated 11.06.2011 ) (ix) Telephone facility at residence (if eligible as per designation) (Branch Circular No. 105/005 dated 05-04-2011) (x) Medical Aid I Ex-gratia Medical Aid (Branch Circular NO.1 04/126 dated 11.01.2011)

P. Provision of Telephone to designated officers. (Br. Circular 105/005 dt 05-04-2011) Monetary limits
Sr. No. Designation Amt. (`) per month (including service tax) 1900 1600 1600 1000 700 500 500

1. 2. 3. 4. 5. 6. 7.

8.

9.

10.

General Managers Deputy General Managers Zonal Managers Assistant General Managers Chief Managers Designated Senior Managers at Head Office/ Zonal Offices etc. At Very Large Branches (i) Senior Managers (Deposits) (ii) Senior Managers (Credit & FE) At Large Branches (i) Dy. Manager (Credit & Foreign Exchange) (ii) Dy. 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, Head Office

500

500

1600

(Officers upto Assistant General Manager level may also avail internet facility within the abovesaid entitlements).

03. All Executives in the rank of Assistant General Manager and above are entitled to mobile phone facility, in addition to telephone facility provided at their residence, subject to monetary ceiling as under :Asst. General Manager Handset (Nokia in the range `.6,500/- to `.7,000/-) provided by the Bank, monthly rental amount, call charges, service tax etc. amounting to `.1,356/- p.m. Asst. General Manager-Zonal Manager Handset (Blackberry) provided by the Bank, monthly rental amount, call charges, service tax etc. amounting to `.2,347/- p.m. Dy. General Manager Handset (Nokia in the range `.7,500/- to `.8,000/-) provided by the Bank, monthly rental amount, call charges, service tax etc. amounting to `.1,631/- p.m. Dy. General Manager-Zonal Manager Handset (Blackberry) provided by the Bank, monthly rental amount, call charges, service tax etc. amounting to `.2,623/- p.m. General Manager Handset (Blackberry) provided by the Bank, monthly rental amount, call charges, service tax etc. amounting to `.2,899/- p.m.

(Pl. refer to IOM No. HO:ESTATE:KBS dated 23.10.2010 of Estate Department, Head Office addressed to all Zones for full details.)

04.

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, whichever is less, on monthly basis.

05.

The monetary monthly ceiling limits to be made effective from 01.03.2011 (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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