STARTING SALARY OF BANK CLERK RS 31400 AND OFFICER RS 54900 WILL BE FROM 11TH BP

Service Condition / Officers

Service Condition / Officers

Officers Service Condition As provided by CBOA (AIBOC)

Basic Pay

Officers			Managers		Sr.Mgrs.		CMs
Old	New		Old	New	Old	New	Old	New
14500	23700		19400	31705	25700	42020	30600	50030
15100	24680		20100	32850	26500	43330	31500	51490
15700	25660		20900	34160	27300	44640	32400	52950
16300	26640		21700	35470	28100	45950	33300	54410
16900	27620		22500	36780	28900	47260	34200	55870
17500	28600		23300	38090	29700	48570	35200	57520
18100	29580		24100	39400	30600	50030	36200	59170
18700	30560		24900	40710	31500	51490		60820 SI
19400	31705		25700	42020	32400 SI	52950 SI	DA wef 1.11.2012 0.10% per slab over 4440 points. DA-33.70% wef 1.5.2015
20100	32850		26500	43330	33300 SI	54410 SI
20900	34160		27300	44640	34200 SI	55870 SI
21700	35470		28100 M	45950 M	35100 SI	57330 SI
22500	36780		28900 A	47260 A		58790 SI
23300	38090		29700 A	48570 A	AGMs		DGMs		GMs
24100	39400		30600 A	50030 A	Old	New	Old	New	Old	New
24900	40710		31500 A	51490 A	36200	59170	42000	68680	46800	76520
25700 M	42020 M		32400 SI	52950 SI	37200	60820	43200	70640	48100	78640
26500 A	43330 A		33300 SI	54410 SI	38200	62470	44400	72600	49400	80760
27300 A	44640 A		34200 SI	55870 SI	39300	64270	45600	74560	50700	82880
28100 A	45950 A		35100 SI	57330 SI	40400	66070	46800	76520	52000	85000
28900 SI	47260 SI
29700 SI	48570 SI
30600 SI	50030 SI
31500 SI	51490 SI
Special Allowance for Officers with DA
Scale		I, II & III		IV & V		VI & VII
%		7.75		10		11
Fixed Personal Pay (officers)
Increment		1310	1460	1650	1800	1960
DA		143	159	180	196	214
Total		1453	1619	1830	1996	2174
Compensation on Transfer			Scale I, II & III		Scale IV & above
			15000/-		20000/-
HRA for Officers				Halting Allowance
Centres			%	SC-I,II, III	Ex.-IV& V	Ex.-VI, VII
Metro			9.00%	1300	1500	1800
Metro-A class cities				1100	1300	1300
Area-1			8.00%	950	1100	1100
Other Places			7.00%	800	950	950
Split Duty Allowance			CCA for officers only
			Lower -3% of Basic		Higher -4% of Basic
200/-			Max.600/-		Max. 870/-
PQP for Officers			Medical Aid w.e.f 1.11.2012
JAIIB		670	Officers in SC-I,II & III			8000
CAIIB		1680	Executives - Scale IV & above			9050
Recovery of Rent - % of  I stage of pay				Mid Academic Year Transfer Allowance
Qtrs			0.75%
Furniture			0.15%	Rs.1100/- p.m.
Deputation Allowance
Outside the Bank			7.75% of pay - Max.4000 pm
Same Place/RSTC			4.00% of Pay-Max.2000/- pm
Lodging w.e.f. 01.03.2008
Officers in				Metro	Area 1	Others
Scale VI & VII				6800	3400	3000
Scale IV, V & VI				4000	2400	2000
Scale II & III				2400	1600	1200
Scale I				1600	1200	800
Reimbursement of Conveyance Expenses for officers wef 1.3.2012
Conveyance scheme for executives in Scale IV & V (Max. permissible reimbursement per month @ Rs.9 per km)				Centres		Dist. In kms	Max. /month
				Metro "A" class cities		1300	11700
				All other centres		1200	10800
To all confirmed officers in Scale-I & IIwho are owning vehicle & officers in scale III who are owning two wheeler				Petrol Limits (in litres)
				Metro	Area-I	Area-II	Area-III
				45	40	35	35
To all confirmed officers in Scale III who are owning CAR.				65	60	55	50
To all confirmed officers who do not own vehicle  & all probationary officers in Scale I, II & III during their prob. Period				Monetary Limits		Metro and Area-I	Area II & III
				Scale-I		1000	800
				Scale-II		1100	900
				Scale-III		1200	1000
Leave Fare Concession for officers  - For rest and recuperation
Eligible to travel			Either to domicile place in both the blocks or domicile place in one block and any place in India
Max. permissible  distance			Any place in India by SHORTEST ROUTE
Mode of Travel			Scale-I		Scale-II, III					Sc.-IV & above
			Ist class or AC-2 tier sleeper by train  (Steamer- Delux cabin)		Ist class or AC-2 tier sleeper by train					Ist class by train or by air (ec.class)
In ravecase of Air Tl /Car (for TEG)			If permitted by competent authority *		If distance > 1000 kms, by air (economy class). < 1000 km- to be permitted by comp.auth					Scale VI & VII -May travel by car if distance does not exceed 500 km
			* Reimbursement of actual fare or fare applicable to AC Ist class by train whichever is less
Travel by own vehicle			Any officer can travel by own vehicle or by taxi or by Bank's vehicle if authorised by competent authority
Encashment (other than travel to domicile place)			Amt. equal to eligible fare for class of travel upto 4500 kms (one way) for officers in scale-I, II & III and 5500 kms (one way) for officers in scale IV & above. PL encashment of 30 days in a block of 4 years.
Definition of wholly  dependent family member : (Same as workmen)
Leave Rules
CL		12 days in a year, 4 days at a time. For workmen: UCL- 4 days at a time once in a year or two days at a time twice a year without MC. For officers-UCL can be accumulated upto 3 years. Without MC- one day.
SL		30 days for each completed yr. Max:540 days, Additional SL: 30 days for each year in excess of 24 yrs of service (Max.90 days); Special SLupto 30 days for donation of kidney/organ
PL		1 day for every 11 days of service. Max. - 270 days.(Encash: 240 days), Notice Period for availing: 15 days.
ML		Max.12 months during the service, 6 months at a time					Paternity Leave wef 1.6.15			15 days @ a time on 2 occasions

New LFC Encashment (100%) Amount from 01.06.2015:

Designation	Eligibility class by train	Encashment per Unit for 2 years Block		Encashment per Unit for 4 years Block
		Dist. In K.M	Revised Amt.	Dist. In K.M	Revised Amt.
Scale I to III	II AC		N.A	4500+4500	8304
Scale IV and above	I AC		N.A	5500+5500	16750

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