SBIOA CO-OPERATIVE CONSUMER STORES LTD., HYDERABAD

TEL NO. 040-23466287

S.NO. Name (Sarvashri) Position Mobile No.

1 N.V.S.Vedamurty President 98660 76962

2 Anil Roy Gour Vice President 99080 82981

3 C.Anjaneyulu Secretary 99631 26188

4 T.V.Tirumala Rao Director 99595 67283

5 Ch.V.S.S.N.L.G.Prasad Director 90002 06163

6 B.N.Kumar Director 98851 09966

SBIOA MUTUALLY AIDED CO-OPERATIVE CONSUMER STORES LTD., VISAKHAPATNAM

TEL NO. 0891-

S.NO. Name (Sarvashri) Position Mobile No.

1 N.V.V.Satyanarayana President 99126 13737

2 M.U.Vijaya Kumar Vice President 99852 02334

3 T.Phani Kumar Secretary 99498 33325

4 D.Balakrishna Treasurer 94408 33917

5 A.V.Nageswara Rao Director 97053 28844

6 P.V.Papa Rao Director 98499 46749

7 K.Srinivasa Rao Director 92484 03628

8 B.S.L.V.V.N.Satyanarayana Director 99489 99088

9 P.Kannaiah Director 96666 76263

BANK’S HOLIDAY HOMES

S.No. Holiday Home at Module Address

1. Ahmedabad Circle Welfare Committee

(079-25507650; Fax: 25507651

Dwaraka Hotel City Palace, Jawhar Road, Teen Batti Chowk, Dwarka – 361 335 : 02892-234800 Fax: 234800

2.

Do

Mount Abu Hotel Sunrise Palace, Old Bharatpur, Kothi, Behind hotel Hilex, Near Petrol Pump, Mount Abu, Rajastan :0294-238773,233573 Fax: 02974-238775

3. Do

Udaipur Hotel Kajari,RTDC, Shastri Circle – Udaipur, Rajastan : 0294-241050/2410502

4. Do

Hotel Rajdev, Bansidhar Complex,III Floor, S t Bus Stand Road, Veravani, Dist. Junnagadh, Gujarat : 02876-248030/31 Fax: 241609

5. Bangalore Circle Contact:

Personnel Department Bangalore

Bangalore Binnyston Gardens, Magadi Road, Opp. Binny Bills, Bangalore – 560023 : 080-23303882 SBI Officers’ Guest House At STC, Bangalore : 08025943071, 25943073

6. Do

Hubli Shanti Colony, Near Church I Floor, Madura Colony, Hubli – 580023

7. Do Mysore N.16/1 & 16/2, Shivanna Complex, Kalidasa Road, V V Mohalla, Mysore -570002 : 08231-2512703

8. Bhopal circle

Bhopal Raj Palace & Restaurant, 55 Zone – I, M P Nagar Bhopal -462 011

9. Do Pachmarthi Hotel Pachmarthi, Patel Marg, Pachmarthi Distt. Hoshangabad – 461881 (MP) 521 70/52180

10. Do Ujjain SBI Holiday Home Ujjain Hotel Ashraya, 77, Dewas Road, Ujjain

11. Bhubaneswar Circle Bhubaneswar D.No. 36, BJB Nagar, Bhubaneswar, (Orissa)

12. Do

Gopalpur – on-Sea Dolphin House, Gopalpur-on-Sea P.O.Gopalpur Dist. Ganjam( Orissa) :0680-2291762

13. Do

Puri Hotel Golden LegunBehind Puri Hotel and Near King Fisher Hotel, Gopal aBallav Road, Sea Beach Puri

14. Chandigarh Circle Dalhousie Near Subhash Chowk, Dalhousie-176304 Chamba District (H.P.)

15 Do

Manali SBI Holiday Home Manali, C/o. M/s Manali Co-opo. Housing Society Ltd., Manali. Tel: 01902-53270

16. Do

Shimla SBI Holiday Home, Hotel Pine View, Mythe Estate, Opp. Tara Hall School, Shimla: 0177-252963

17. Chennai Circle

Chennai No.20, Venkatachala Naicken Street, Triplicane, Chennai-600 005

18. Do

Kanyakumari SBI Holiday Home, Hotel Pushpam, Hospital Road, Near Police Station, Kanyakumari – 629702 : 04652-246822

19. Do

Madurai Hotel Sree Devi, 20, West Avani, Moola Street, Madurai- 625001

20. Do

Ootacamund SBI Holiday Home, Coonoor Road, Opp. Dairy Complex, Udhagamandalam (Ooty) : 0423-244263520

21. Do Kodaikanal Hotel Jai, Lloyds Road, Kodaikanal-624101 : 04542-240344,0241425

22. Do

Vellore Plot No.143, South Avenue Road, Barathi Nagar, Phase I, TNHB, Sathuvachari, Vellore – 632009

23. Delhi Circle

Delhi

Rishi Guest House, Paharganj, 76-77, RamNagar,Nearto New Delhi Railway Station, New Delhi : 011-23532571

24. DO Agra Zilla Parishad Guest House, Baluganj, Agra

25. DO Ajmer Hotel Ambassador, Nagina Bagh, Ashok Marg, Lohagal Road, Ajmer. :425095

26. DO Mussoorie SBI Holiday Home, Hotel Deep, Camel’s Back Road, Kurli, Mussoorie. :0135-2632470

27. Hyderabad Circle Hyderabad House No. 3-6-69, Rait Apartments, Basheer Bagh, Hyderabad – 500 029 : 040 23224652

28. Do

Tirupati

Opp. Hotel Oorvasi Lane (Old Renigunta Road), House No. 19-3-20, Kakatiyanagar, Tirupati – 517 501 :0877-222317

29.

Do

Vijayawada

House No. 40-9-18, 14, SBI Officers’ Colony Acharya Ranga Nagar, Lane Beside Life Hospital, Near Benz Circle, Vijayawada – 520 010 : 0866-2473018

30. Do

Visakhapatnam

D.No.50-58-12/1 &2, Plot No.33, Rajendra Nagar, Visakhapatnam – 530 016 : 0891-2748334

31. Kerala Circle

Ernakulam

D.No.39/4082-B, Saradha Math Lane, Opp. Premier Cable Co., Ravipuram, Ernakulam Cochin – 682015 : 2355876

32. Do

Guruvayur

‘Aishwarya Krishna’ IX, 427, Opp.LakshmiClinic, West Nada, Guruvayur – 680 101 : 0487-2556508

33. Do

Trivandrum

‘DARTZ’ Chalakudy Lane (Near Air Force Officers’ Mess) (Via) Palli Mukku, Petta- PO. Trivandrum – 695024

34. Kolkata Ciarcle Contact Person:

(033 – 22485557)

Kolkata Hotel Penguin Pvt. Ltd., 18, Jadunath Dey Road, Kolkata – 700 012 : 033-2375312, 2368342

35. Do

Gangtok

Hotel New Madhuban, Jeevan Theeng Marg, Development Area (Near Pushpak Garage), Gangtok.

36. Do

Port Blair

House of Smt. K PRabha Wati, Rajiv Gandhi Nagar Near Raj Niwas, Port Blair : 03192-233705

37. Do Sikkim New Bintan Hotel, Lower Pelling, P.O. Pelling West Sikkim

38. Do Haridwar Hotel Sunshine, Hoti Bazar, Near Har-ki-Pauri, Haridwar – 249 40, Uttarkhand

39. Lucknow Circle Allahabad 27-A, C.Y.Chintamani Road, Allahabad

40.

Do

Chitrakoot SBI Holiday Home, C/o. Tourist Bungalow, UP tourism, Chitrakoot Dham, Dist. Chhatrapat Shivaji Maharaj Nagar

41.

Do

Lucknow A-1/9A, Sector B, Aliganj, Lucknow : 0522 2324128

42. Do

Nainital SBI Holiday Home, C/o. Hotel Woodland, Mallital, Nainital (UP)

43. Do

Varanasi D.No.63/8A, anand Nagar colony, Mehmoorganj, Varanasi-221010 : 0542 – 2221064

44. Mumbai Circle Lonavala Raydale, Opp. Woodland Hotel, Raiwood Lonavala, Dist. Pune, Pin: 410 101 : 0211477393

45. Do Matheran Navnit Villa, Matheran – 410 102 :02148-30071

46 Do

Panaji(Goa) Hotel Samrat, Dada Vaidya Road, Panaji, Goa -403001 : 0832223318

47.

N.E. Circle Guwahati Opp. Rajiv Bhavan, Sarbodoy Path, Bhangagarh G S Road, Guwahati – 781 005 :0361 – 2543442

48.

Do Jorhat Tarajan, Bye Lane – I, A T Road, Jorhat – 785001 :: 0376/2322782

49. Do

Shillong M/s,. Hotel Alpine, Continental Thana Road, Police Bazar, Shillong – 793001 :0364-2223617/2220991

50. Patna Circle Deoghar Baiyanti Bhawan, Circular Road,Deoghar

51.

Do

Patna House of Mrs. Waheja Murtaza, Behind Chetna Samiti, Vidyapati Marg, in front of planetarium, Patna : 0612-2239634

52.

Do

Rajgir Hotel Laxmi Palace, Rajgiri, (Nalanda) :06112-255576

GUEST HOUSES OF FEDERATION AND AFFILIATES

GUEST HOUSES MAINTAINED BY AIBOC / AISBOF

1.

AISBOF GUEST HOUSE AT BANGALORE ‘Gandhi Nilaya’ No.10, State Bank of India Officers’ Colony, Basaveswarnagar, III Stage, IV Block, BANGALORE – 560 079 : 080- 23488835 (Care Takers: M Narayanaswamy & H Gangadhar)

2. AIBOC TRANSIT QUARTERS AT DELHI 7/13, (I Floor), Old Rajinder Nagar, Near Corporation Overhead Water Tank, New Delhi – 110 060 : 011-25720817 (Cate Taker: Rajaram Pant)

3. AISBOF GUEST HOUSE AT MUMBAI (i) AISBOF Bhavan, Shivaji Nagar Housing Society, Bldg. No.3, Plot No..6

Bhau Daji Road Extn., Opp. Sion Medical College, MUMBAI – 400 022 (ii) V I P Guest House

Roya Apartments, Bahudaji Road Extn., Sion , Mumbai – 400 022 : 022-24035226 For Reservations Please Contact: Jt. General Secretary, AISBOF, MUMBAI

4. AISBOF TRANSIT HOUSE AT MANALI C/O. Hotel Classic, Naggar Road, New Manali – 175 131, Himachal Pradesh

: 01902-252215,252615 For Reservations Please Contact: A K Dhingra Secretary-Finance : 09815184384

5. AISBOF GOA BHAVAN Park Avenue, Calangute, Bardez – Goa : (0832-2227624, 2227237 ® 0832-2235498, Mobile: 9823236569 Fax: 0832-2224596 For Booking Contact: Shri Sripad Madkaiker, Chief Regional Secretary, SBIOA, Panaji, Goa : 0832-222727(O), 2220577(R), 9422442294(Mobile) Fax: 0832-2227624

GUEST HOUSES MAINTAINED BY AFFILIATES OF FEDERATION

(NOTE: FOR RESERVATIONS/ BOOKING; PLEASE APPLY / CONTACT DIRECTLY TO THE RESPECTIVE CIRCLES/

MODULES OR THE PERSONS MENTIONED UNDER GUEST HOUSE COLUMNS)

1. AHMEDABAD TRANSIT HOUSE (Ahmedabad Circle) 401/402, Krishna Apartments, 10, Rajnagar Society, IV Floor, Opp. Dewan Ballubhai School, Near NID, Narayana Nagar, Paldi, AHMEDABAD – 380 008 : 079-26623267 Contact: Shyam Mahavir, Mohanbhai /Laxmanbhai

2. BARELLIY GUEST HOUSE (Lucknow Circle) House No. 187, SBI Colony, Hotel Chandra Gupta Road, Near Head Post Office, Civil Line,Bareilly, Contact: Chief Regional Secretary : 9412290294

3. BARODA TRANSIT HOUSE( Ahmedabad Circle) House No.44, 4th Floor, Bombay Shopping Centre, Near GEB Circle, Allkapuri, Baroda-390005 : 0265-2363605 (pp) Care Taker - Jayedrabhai

4. BHOPAL GUEST HOUSE (Bhopal Circle) (1) HIG-501, 5th Floor, Vijay Stambh,M P Nagar,Zone-I, Bhopal -462 011

: 0755-2575383, 4237767

(2) Flat No. 44, Orange, I Floor,Planitium Park, Near Mata Mandir, T T Nagar, BHOPAL – 462 211 : 0755-2774484,4206595 ( Reservation contact 095253-76481, 07552554835, Fax – 0755-2551081

5. BHUBANESWAR GUEST HOUSE (Bhubaneswar Circle) N N Das Memorial Transit House, Flat No.7/7 Chandrama Housing Complex, Unit III, Kharvel Nagar,Near Railway Station, BHUBANESWAR – 751 001 : 0674-2536000

6. CHANDIGARH GUEST HOUSE (Chandigari Circle) Flat No. 3004, Plot NO.10, Sector 49-D, Chandigarh, Care Taker: Tilak Raj : 09356228887 Contact: A K Dhingra Secretary-Finance( 09815184384)

7. (i) CHENNAI SBIOA TRANSIT HOUSE (Chennai Circle) 1663, (Old 81/82), Gengu Reddy Road, Near Santosh Nursing Home, Opp. Presidency Higher Secondary School for Girls, Egmore, CHENNAI-600 008 : 044-28192197, 28191659

(ii) CHENNAI SBIOA GUEST HOUSE( N.E. Circle) “BRAHMAPUTRA” Flat NO. B-2, I Floor, J S Apartments, (Near National Insurance Co.) 167, Greams Lane, Chennai- 600 006 : 044-28291595

Contact: General Secretary, SBIOA, Guwahati

8. CUTTACK GUEST HOUSE(Bhubaneswar Circle) Bharatia Tower, 4th Floor, Badambadi, CUTTACK-753012 : 0671-2322039

9. DELHI GUEST HOUSE (Delhi Circle) SBIOA Transit House, A-1, New Krishna Park, Near Janakpuri West,Metro Station, New Delhi-110018 Care-taker: Ravish, : 011-65090900 Contact: Rakesh Aggarwal : 0989997755/011-23407976

10. GANGTOK GUEST HOUSE (Bengal Circle) Hotel Madhuban, Jeevan Theeng Marg, Development Area, Near Pushpa Guarrage, Gangtok-737 101, Guwahati : 03592-229337

11 SBIOA GUEST HOUSE –GOA(Mumbai Circle) Hotel Park Avenue, Calangute, Bardez, Goa. Care Taker: Ravi Contact: Shri Madkaikar 09422442294

12. SBIOA TRANSIT HOUSE –GUWAHATI (N.E.Circle) Opp. Apsara Cinema Hall, A M Road, House NO.38, Paltan Bazar, Guwahati – 781 007

13 HARIDWAR GUEST HOUSE (Delhi Circle) (a)Hotel Mayur, Upper Road, Opp. Mansadevi Roeways Gate, Haridwar – 294401 : 01334-227586 Please Contact: Shri R K Aggarwal, SBIOA(Delhi Circle); : 9899977555, 011-23407976 (b)HARIDWAR GUEST HOUSE (Bengal Circle), Hotel Sunshine, Moti Bazar (Near HAR-KI-Puri) HARIDWAR-249401

14. HYDERABAD GUEST HOUSE (HYDERABAD Circle) SBIOA Bhavan, D.No.3-5-1093/4, Venkateswara Colony, Narayanaguda, Opp Blood Bank Lane, HYDERABAD – 500 029 : 040-24750555 Contact: General Secretary SBIOA, Hyderabad : 040-24756440/790/1212 Fax No. 24756874

15. HYDERABAD GUEST HOUSE ABOA-Unit-SBH) Associate Banks’ Officers’ Guest House, House No.5-9-209, Chirag Ali Lane, Beside Karur Vysya Bank Bye-Lane-ALnoor Plaza, Abids, HYDERABAD 500 001 : 040-23201420

16. JAMMU GUEST HOUSE (Chandigarh Circle) H.No.57, Sector-8, Near CMC Hospital, trikuta Nagar, Jammu. Contact: DGS (J&K Module) : 0191-2471140 (O) 2595696 (R) Fax:0191-2471140

17. KANPUR GUEST HOUSE( Lucknow Circle) OK Nigam Memorial Guest House, 109/205 Jawahar Nagar, JS Tower, Flat No. 403, IV floor, Upon UCO Bank, Near Bahaduria – Chaurasia, KANPUR-208002 : 0512-2525846;Mobile: 9412453474 Contact: Shri K K Pandey CRS( Kanpur Module) Mobile: 09412453474

18. KOLKATA GUEST HOUSE (Bengal Circle) (a) P-46, Acharya Sathyen Bose, Sarani, CIT Scheme Kankuragachi, Kolkata – 700054 033-23558209 (b) “Sree Krishna Garden: Flat No. DF-4Df & DF-5D, 4th Floor, 1/1, Raja Rajendra Lal Mitra

Road, Veliaghata, Kolkata – 700 085; : 09830186436

19. KODAIKANAL TRANSIT HOUSE (Chennai Ciurcl) SBIOA Transit House, Hotel Jayaraj Annexe, Anna Salai, (Near SBI), KODAIKANAL – 624 101 : 04542-240178,240179,243214 Contact: CRS Madurai; : 0452-2537906 Fax-2537906

20. KURNOOL GUEST HOUSE (Hyderabad Circle) River View Apartments, 4th Floor, Near LIC Office, KURNOOL – 518 001 : 08518-225390 Contact DGS, SBIOA, Hyderabad Module, C/o. SBI Buildings, Admin Office, Patny Circle Secunderabad – 500 003 : 040-27883165/3164

21. LUCKNOW GUEST HOUSE (Lucknow Circle) SBIOA Transit House, HIG-92, Section-E (Near Nivaran Pathology) LUCKNOW : 0522-2789302 Contact: Aaloke Kumar, Org.Secretary Mobile: 09839153929

22. MUSSORIE GUEST HOUSE (Delhi Circle) Hotel Sunrise, Library Road, Mussorie-248179 : 0135-2631180,2631996 Contact R K Aggarwal: Mobile: 9899977555

23 MOUNT ABU GUEST HOUSE (Ahmedabad Circle) Hotel KaBRAS-Inn, Sunset Road, Opp. Savera Hotel, MOUNT ABU-367501 (Rajasthan) : 02974-238095

24. NAGPUR GUEST HOUSE ( Mumbai Circle) SBIOA BHavan Nagpur, Shree Hari Aprtement, Plot No. 50-C, Mata Mandi Road, Prisent Layout, Gokul Peth, Nagpur :0712-6645808 Contact: Circle Regional Secretary ( Nagpur Module) 09422105030

25. PANCHGANI GUEST HOUSE (Mumbai Circle) (Mahabaleshwar) JAI Bhavani Co-op. Housing Society, Plot NO.6, Behind Sai Palace Hotel, Mahabaleshwar Road, PANCHGANI-412805, Satara Dist., Maharashtra Caretaker : M L Golbole : 02168-241936

26. PATIALA GUEST HOUSE (ABOA-Unit SBP) ABOA Bhavan, 590, S S T Nagar, Patiala : 0175-2371563

27. PATNA GUEST HOUSE (Patna Circle) SBIOA, Guest House (Co-Op. Guest House), M-2/35, S K Puri, Opp. Krishna Apartments, Boring Road, PATNA – 800 001 :0612-2540660

28. PELLING (SIKKIMM) ( Bengal Circle) New Bintown Hotel, Lower Pelling, PO-Pilling (West Sikkim)

29. PUNE GUEST HOUSE (Mumbai Circle) Flat No.406, Gulmohar Building, SBI Zonal Office Complex, 2420, East Street, PUNE-411001 Caretaker-Laxman Kumble : 9822262190 Contact A D Kuthurwar, : 020-26361282 Fax : 26333404

30. PORT BLAIR GUEST HOUSE (Bengal Circle) Jai Mathi in Blair (Near SBI Port Blair Branch), No.49, Sasthiri, Road, Aberdeen Bazar, PORT BLAIR – 744 101 : 03192-236124

31. PURI GUEST HOUSE (Bengal Circle) (i) Hotel Golden Lagoon, (Near Kingfisher Hotel), Gopal Ballav Road, Sea Beach, PURI

(ii) Under the Control of SBIOA (Bhubaneswar Circle), P V S Murthy Memorial Transit

House, Opp. To SBI, Station Bazar Branch, VIP Road, Puri-752 002 : 06752 228758 (Under the Control of SBI Officers’ Co-opoerative Credit Society, Orissa Ltd., Cuttak) Pushpanjali, Gopal Ballav Road, Near Purushottam Lodge, (Backside of Puri Hotel), PURI

32. SAMBALPUR GUEST HOUSE (Bhubaneswar Circle) SBI Officers’ Association Transit House, Kumbhar Para, Golbazar chowk, Sambalpur :9437164959, 09437040083

33. SHIMLA GUEST HOUSE (Chandigarh Circle) Flat NO.5, Block NO.29, Phase III, SDA Colony, Below Bishop Cotton School, New Shimla (HP) :0177-2673045 Contact: A K Dhingra, Secretary-Finance, : 09815184384

34. TIRUPATI GUEST HOUSE (Hyderabad Circle) (i) SBIOA Guest House,

Flat No.30, Padmavathi Apartments, Kakatiya Nagar, Near SBI Holiday Home, Tiruchanur Road, Tirupati-517 501, Guest House:0877-2252014 Contact; DGS, SBIOA, C/o. SBI, Zonal Ofice, Renigunta Road Tirupati – 517 501 : 0877-225230 Fax NO. 0877-2222792

(ii) TIRUPATI GUEST HOUSE (ABOA-Unit –SBH) ABOA Guest House, III floor, Seshadri Sikhara Apartments, 99, Rayalacheruvu Road, Gopalaraju Colony, Near Palani Theatre, TIRUPATI – 517 501 :0877-2246561, 2248562

35. UDHAGAMANDALAM GUEST HOUSE (Chennai Circle) SBIOA Transit House 133, Hadfield Road, Ooty-Mysore Highway, Near Hillbunk/Ooty Club, UDHAGAMANDALAM-643 001 :044-25228773, 25227170 Fax: 044-25261013

36

VARANASI GUEST HOUSE (Lucknow Circle) SBIOA Guest House,19/132-15, Varuna Apartment Colony, Zozia Bazar,Near UP Motors, Varuna Bridge, Varanasi. For Reservation Please Contact: Shri B B Sing,CRS :0452-2500174/2500811 (O)

37. VIJAYAWADA GUEST HOUSE (Hyderabad Circle) SBIOA Guest House D.No. 30-5-13,Koka Chalapathi Rao Street, Durga Agraharam, VIJAYAWADA – 520 002 :0866-2441116 Care Taker: Praveen Kumar; Contact: DGS, SBIOA,C/o. SBI, Zonal Office, Suryaraopet, Vijayawada – 520 002 :0866-2493992; Fax:0866-2474330

38. VISAKHAPATNAM GUEST HOUSE(Hyderabad Circle) SBIOA Guest House, NO. 28-11-1, I Floor, Prem Plaza, Surya Bagh, VISAKHAPATNAM – 530 003 :0891-2746618 (Assn. Office)

39. VRINDAVAN TRANSIT HOUSE (Delhi Circle) Flat No. 502, Ground Floor, Keshav Kunj Apartments, Opp. ISKON Temple Road, VRINDAVAN. : 011-23407976 For Booking Shri R K Aggarwal :011-174300-09899977555

SERVICE CONDITIONS OF OFFICERS IN STATE BANK OF INDIA AT A GLANCE

CONTENTS

Chapter-1: Salary Scales 1.1 Scales of Pay 1.2 Provident Fund

Chapter-2: Allowances 2.1 Dearness Allowance 2.2 House Rent Allowance

2.3 City Compensatory Allowance 2.4 Fixed Personal Pay 2.5 Professional Qualification Pay 2.6 Deputation Allowance 2.7 Hill and Fuel Allowance 2.8 Halting Allowance 2.9 Officiating Allowance 2.10 Closing Allowance 2.11 Project Area Allowance

2.12 Mid Academic Year Transfer Allowance 2.13 Split Duty Allowance 2.14 Foot Allowance 2.15 Discomfort Allowance 2.16 Out of Pocket Expenses

2.17 Allowances for Liaison Officers Chapter-3: Travelling Expenses 3.1 Conveyance Expenses 3.2 Travelling expenses – Use of own vehicle 3.3 Lodging Expenses 3.4 Mode of Travel and Expenses on Travel 3.5 Blind and Orthopaedically Handicapped Officers-Conveyance Allowance Chapter-4: Transfer 4.1 Baggage Charges on transfer

4.2 Incidental Expenses on Transfer 4.3 Joining Time on Transfer 4.4 Travelling Expenses on Retirement Chapter-5: Leave 5.1 Casual Leave 5.2 Unavailed Casual Leave 5.3 Privilege Leave 5.4 Encashment of Privilege Leave 5.5 Sick Leave 5.6 Study Leave 5.7 Extra Ordinary Leave on Loss of Pay 5.8 Maternity Leave 5.9 Special Casual Leave Chapter-6: Leave Travel Concession 6.1 Definition of a Family 6.2 Miscellaneous Information on LFC/HTC 6.3 Availment of LTC/HTC after Retirement 6.4 Change in Place of Domicile Chapter-7: Residential Accommodation, Furniture 7.1 Leased Accommodation-Rental Ceilings 7.2 Car Parking Charges 7.3 Maintenance Charges 7.4 Fixture Items at Residence 7.5 Facility of Leased Accommodation at a place of choice 7.6 Leased Housing Accommodation from Close Relatives 7.7 Leased Housing Accommodation-HRA on Capital Cost 7.8 Retention of House/Car/Telephone after Retirement 7.9 Retention of House by Family Members of Deceased Officer 7.10 Standard Rent 7.11 Furniture & Fixtures 7.12 Supply of Cleansing Material 7.13 Daily wages to Casual Labour 7.14 Supply of Newspaper/Magazine 7.15 Residential Telephones Chapter-8: Reimbursement of Entertainment Expenses Chapter-9: Other benefits

9.1 Supply of Brief Case 9.2 Silver Jubilee Award Chapter-10: Reimbursement of Medical Expenses 10.1 Advance/Payment against Medical Expenses (Hospitalization) 10.2 Standardization of Medical Charges

10.3 Executive Health Check Up Scheme 10.4 Definition of family Chapter-11: Staff Advances/Loans 11.1 Car Loan Scheme 11.2 Loan for Repair of Car owned by officers 11.3 Vehicle Loan for 2-wheelers 11.4 Festival Advance 11.5 Computer Loan Scheme 11.6 Personal Loan Scheme 11.7 Individual Housing Loan Scheme 11.8 Advance/Withdrawal/Demand Loan from Provident Fund 11.9 Waiver of Interest on Loans of Deceased Employee Chapter-12: Staff Welfare Activities 12.1 Educational Scholarships Chapter-13: Extension in Service & Retirement 13.1 Extension in Service 13.2 Retirement 13.3 Voluntary Retirement 13.4 Presentation of Memento on Retirement Chapter-14: Facilities for Retiring/Retired Members of Staff 14.1 Encashment of Leave 14.2 Provident Fund 14.3 Gratuity 14.4 Pension 14.5 Retired Employees Medical Benefit Scheme 14.6 SBI Employees Mutual Welfare Scheme 14.7 Employment after Retirement Chapter-15: Sundry Matters 15.1 Group Insurance Scheme for SBI Employees 15.2 Medical Officers – Uniform Terms and Conditions of Service 15.3 Incentive to Staff on Mobile Inspection Duty 15.4 Statement of Assets and Liabilities 15.5 Personal Banking: Home Loans and Car Loans – Personal Accident Insurance Cover

15.6 TDS Requirements at a Glance – FINANCIAL YEAR 2010-11

15.7 SBI Scheme for payment of Ex-gratia lump-sum amount

15.8 Payment of compensation to employees in the event of death while on duty or as a

result of dacoity/robbery/attack by terrorists or disability/serious injury etc. suffered

while on duty

15.9 Few Protective & Security Arrangements at Branches

15.10 Monthly Activities at Branches

15.11 Emergency Arrangements in the event of sudden incapacitation of Branch Manager of

Single Officer/Custody Branches

15.12 Quick Think

15.13 Know Your Customer (KYC) standards and AML Measures

15.14 Revision in Delegation of Administrative and Financial Powers on account of

LHO/ZO/RO REDESIGN

Chapter-16 Taking Charge 16.1 Branch Manager 16.2 Accountant 16.3 Field Officer 16.4 Various Registers to be maintained

Chapter-17 Technology Related Matters 17.1 Daily Exercise in CBS Environment 17.2 List of Important Reports 17.3 System Suspense Accounts 17.4 Check List for Control Purpose 17.5 Voucher Verification Report 17.6 On-line VVR Module 17.7 Preventive/Corrective Mechanism 17.8 Mobile Banking 17.9 Retail INB for CBS Branches 17.10 CIF & Deposit CC/OD 17.11 SMS in CBS 17.12 GLIFF 17.13 FinanceOne 17.14 IOI

17.15 Payment systems (RTGS & NEFT) 17.16 ATM related matters

CHAPTER – 1 : SALARY SCALES (CDO/P&HRD-IR/11/2010-11 dt.08.06.2010) 1.1. SCLAES OF PAY (W.E.F.01.11.2007)

Scale-I 14500 600/7 18700 700/2 20100 800/7 25700 Scale-II 19400 700/1 20100 800/10 28100 Scale-III 25700 800/5 29700 900/2 31500 Scale-IV 30600 900/4 34200 1000/2 36200 Scale-V 36200 1000/2 38200 1100/2 40400 Scale-VI 42000 1200/4 46800 Scale-VII 46800 1300/4 52000

Fitment:

Fitment shall be stage-to-stage, i.e. on corresponding stages from 1st stage onwards and the increments shall fall

on the anniversary date as usual.

STAGNATION INCREMENTS

Officers in JM Grade Scale I who have moved to scale of pay for MMG Scale II in terms of regulation 5(b) after reaching maximum of the higher scale shall be eligible for four stagnation increments for every three completed years of service of which first two shall be Rs.800/- each and next two Rs.900/- each.

Provided that officers who have completed three years or more after receipt of the second stagnation

increment as on 1.11.2007 will get the third stagnation increment on 1.11.2007 and another stagnation

increment on or after 1.11.2008 on their completion of six years after receipt of second stagnation

increment.

Officers in MM Grade Scale II who have moved to scale of pay for MMG Scale III in terms of regulation 5(b) after reaching maximum of the higher scale shall be eligible for three stagnation increments of Rs.900/- each for every three completed years of service. Officers in substantive MMG Scale III ie. those who are recruited in or promoted to MMG Scale III shall be eligible for four stagnation increments of Rs.900/- each for every three completed years of service.

Provided further those officers in substantive MMG Scale III i.e. those who are recruited in or promoted to

MMG Scale III shall be eligible for four stagnation increments of Rs.900/- each for every three completed

years of service. Those who have already received two stagnation increments and completed more than

three years of service after receipt of second stagnation increment as on 1.11.2007 will get the third

stagnation increment on 1.11.2007 and the fourth stagnation increment, on or after 1.11.2008 on their

completion of six years after receipt of second stagnation increment.

1.2 PROVIDENT FUND: Officers of State Bank of India are covered by Contributory Provident Scheme which is

10% of Pay. Pay for the purpose shall mean Basic Pay, Stagnation Increments, PQA, increment component of FPA

and Officiating Allowance.

CHAPTER – 2 : ALLOWANCES (As per CDO/P&HRD-IR/11/2010-11 dt.08.06.2010 unless otherwise specified )

2.1 DEARNESS ALLOWANCE

On and from 01.11.2007, Dearness Allowance shall be payable for every rise or fall of four points over 2836 points in the quarterly average of the All India Average Working Class Consumer Price Index (General) Base 1960=100 at 0.15%.

2.2. HOUSE RENT ALLOWANCE (HRA)

I II

(i) Major “A” Class Cities and Project Area Centres in Group A 8.5% of Pay

(ii) Other places in Area I and Project Area Centres in Group B 7.5% of Pay

(iii) Other places 6.5% of Pay

Provided that if an officer produces a rent receipt, the House Rent Allowance payable to him/her shall be the

actual rent paid by him/her for the residential accommodation in excess over 1.2% of Pay in the first stage of the

Scale of Pay in which he/she is placed with a maximum of 150% of the House Rent Allowance payable as per

aforesaid rates mentioned in Column II above.

Note: The claims of officer employees for House Rent Allowance linked to the cost of their ownership

accommodation shall also be restricted to 150% of House Rent Allowance as hitherto.

2.3 CITY COMPENSATORY ALLOWANCE (CCA)

Area Rate Max Amount

i) Places in Area 1 and in the State of Goa 4% of Basic Pay Rs.540/- p.m.

ii) Places with population of five lakhs and over and State Capitals and Chandigarh, Puducherry and Port Blair

3% of Basic Pay Rs.375/- p.m.

2.4 FIXED PERSONAL PAY (FPP) (w.e.f. 1.11.2007)

Fixed Personal Pay together with House Rent Allowance shall be at the following rates and shall remain frozen for

the entire period of service.

Increment Component(Rs.)

DA as on 01.11.2007 (Rs.)

Total F.P.P. payable where Bank’s accommodation is provided (Rs.)

(A) (B) (C)

800 58 858

900 65 965

1000 72 1072

1100 79 1179

1200 86 1286

1300 94 1394

Note:

(i) F.P.P. as indicated in “C ” above shall be payable to those officer employees who are provided with bank’s

accommodation.

(ii) F.P.P. for officers eligible for House Rent Allowance shall be “A” + “B” plus House Rent Allowance payable on

the last increment of the relevant scale o f pay.

(iii) The increment component of F.P.P. shall rank for superannuation benefits.

2.5 PROFESSIONAL QUALIFICATION PAY (PQP) (W.E.F. 1.11.2007)

Officers shall be eligible for professional qualification pay as under :

(i) Those who have passed only CAIIB – Part I / JAIIB: Rs.410/- p.m. one year after reaching top of the scale.

(ii) Those who have passed both parts of CAIIB –

a. Rs.410/- p.m. one year after reaching top of the scale.

b. Rs.1030/- p.m. two years after reaching top of the scale.

An Officer employee acquiring JAIIB/CAIIB (either or both parts) qualifications after reaching the

maximum of the scale of pay, shall be granted from the date of acquiring such qualification the first

instalment of PQP and the release of subsequent instalments of PQP shall be with reference to the date of

release of first instalment of PQP.

Provided further that in a case where an officer, as on the date of this Joint Note, has already acquired

any of the above said qualifications and has not earned any increment or PQP on account of acquiring

such qualification/s, he may be, with effect from 1st November 2007 or the date of acquiring such

qualification/s, whichever is later, released PQP as provided herein above.

2.6 DEPUTATION ALLOWANCE (w.e.f.01.05.2010)

On and from 1st May 2010, Deputation Allowance shall be at the following rates:

a) An officer deputed to serve outside the bank – 7.75% of Pay with a maximum of Rs.2,300/- p.m.

b) An officer deputed to an organization at the same place or to the training establishment of the bank – 4% of Pay

with a maximum of Rs.1200/- p.m.

2.7 HILL AND FUEL ALLOWANCE (w.e.f. 1.11.2007)

Place Rate

a Places with an altitude of 1000 metres and above but less than 1500 metres and Mercara Town

2% of Pay subject to a maximum of Rs.550/-p.m.

b Places with an altitude of 1500 metres and above but less than 3000 metres.

2.5% of Pay subject to a maximum of Rs.680 p.m

c Places with an altitude of 3000 metres and above 5% of Pay subject to a maximum of Rs.1570/-p.m.

2.8 HALTING ALLOWANCE (w.e.f. 1.5.2010)

Grade/Scales of Officers Metro (Rs.)

Major ‘A’ Class Cities (Rs.)

Area I (Rs.)

Other Places (Rs.)

Officers in Scale IV & above 1200/- 1000/- 800/- 700/-

Officers in Scale I/II/III 1000/- 800/- 700/- 600/-

2.9 OFFICIATING ALLOWANCE

If an officer is required to officiate in a post in higher grade/scale for a continuous period of not less than 7 days at

a time or an aggregate of 7days during a calendar month, he/she shall receive officiating allowance equal to 6% of

his/her basic pay per month, for the period he/she officiates w.e.f. 1.11.1999). Such allowance will rank for P.F.

and not for other purposes. Further, officiating allowance to an officer, who comes to officiate as a consequence of

review of categorization in a grade or scale higher than the one in which he is placed, will be paid from the date of

circularization of the revised categorization. He will not be paid officiating allowance for the period he had worked

in the position between the effective date of categorization and the date of circular.

2.10 CLOSING ALLOWANCE (W.E.F. 01.04.1997)

Rs.250/- per half-year payable at the end of September & March to all officers, other than those posted in

administrative offices. (CDO:PER:9:98-99 dt.06.04.1998)

2.11 PROJECT AREA ALLOWANCE

On and from 1st November 2007, Project Area Compensatory Allowance shall be payable at the following rates:

Project Areas falling in Group A – Rs.290/- p.m.

Project Areas falling in Group B – Rs.255/- p.m.

2.12 MID ACADEMIC YEAR TRANSFER ALLOWANCE

On and from 1st May 2010, Mid Academic Year Transfer Allowance shall be payable at Rs.700/- p.m. subject to

other conditions.

2.13 SPLIT DUTY ALLOWANCE

On and from 1st November 2007, Split Duty Allowance shall be payable at Rs.165/- p.m.

2.14 FOOT ALLOWANCE

Journeys undertaken by BMs/FOs/RDOs posted at remote centres for field visits on foot are paid foot allowance at

the rate of Rs. 1.20 per km provided the journey undertaken on foot is beyond 2 kms and the official certifies to

the Bank’s satisfaction that the journey was undertaken on foot due to non-availability of pucca roads and non-

availability of any type of conveyance.

2.15 DISCOMFORT ALLOWANCE

In terms of Rule 23(xi) of SBI Officers Service Rules, if an officer is required to work in shifts beyond normal working

hours, he shall be paid a discomfort allowance of Rs.75/- p.m. The categories of officers to whom such allowance

can be paid and terms and conditions of such payment will be decided by the Managing Director. Accordingly, at

present Liaison Officers and Security Officers of the Bank shall be paid a discomfort allowance of Rs.1,000/- p.m.

(CDO/P&HRD-PM/70/2007-08 dt. 29.02.2008)

2.16 OUT OF POCKET EXPENSES

(i) Deputation within Municipal limits

An officer, who is deputed locally and remains away for at least 4 hours, may be permitted to claim out -of-pocket

expenses @ half of halting allowance payable to him or Rs.275/=* per day, whichever is lower, subject to

following: -(* effective from 1st December 2006)

Where an officer proceeds from Office - At least 15 Kms. from office and 5Kms. from residence.

Where an officer proceeds from residence- At least 15 Kms. from residence &5 Kms. from office.

(ii) Others

Officers posted at Airport Offices, Service Branches, MICR Branches and SWIFT Centres, required to work before

8.00 AM or after 8.00 PM, will be paid out of pocket expenses @ Rs 200/- per day w.e.f. 01.06.2007 for the days

they work before 8.00 AM or after 8.00 PM . Further, officers at branches having extended business hours i.e.

branches which remain open for business before 8.00 AM or after 8.00 PM are also reimbursed out of pocket

expenses for the days they work before 8.00 AM or after 8.00 PM.

(CDO/P&HRD-PM/13/2007-08 dt.22.06.2007)

The reimbursement of out -of-pocket expenses to Liaison Officers for attending on important dignitaries at the

Airport/Railway station at odd hours is permissible at the following rates with effect from 01.01.2008 for charges

incurred towards tea/ snacks/breakfast per day: Rs.110/- upto 3 hours, Rs.220/- for more than 3 hours but upto 6

hours and Rs.400/- for more than 6 hours. Period of detention to be reckoned as before or after office hours.

(i) The time spent on journey to/ from the air port may also be reckoned for arriving at the period of detention.

The timing to be recorded and monitored carefully by the Manager (Liaison)/AGM (OAD).

(ii) Reimbursement may be made on certificate basis with due mention of(a) purpose of visit to the airport/ railway

station (b) timings of the flight/train for which they had to attend the airport/ railway station duly counter-signed

by AGM (OAD). (CDO/P&HRD-PM/70/2007-08 dt.29.02.2008)

2.17 LIAISON/ASSISTANT LIAISON OFFICERS- REIMBURSEMENT OF EXPENSES ON CLOTHING

(CirDO/HR/72/2006-07 dt.10.10.2006)

a) White shirt/black trouser/contrast colour tie (with SBI logo in blue silk embroidery)

i) At Mumbai, Kolkatta, Delhi and Chennai - Rs. 2500/- per pair of shirt/trouser/tie (inclusive of

stitching charges and all taxes)

ii) At places other than (i) above - Rs.2350/- per pair of shirt/trouser/tie (inclusive of

stitching charges and all taxes)

b) Woollen suit (once in 3 years) : (where woollen suit is not required for climatic reasons an additional set

of white shirt/black trouser/contrast tie with SBI logo in blue silk embroidery) in lieu thereof may be provided once

in 3 years to the officers with monetary ceilings mentioned in para (a) above.

Monetary Ceiling

At Mumbai, Kolkatta, Delhi, Chennai Rs.6000/- per suit (inclusive of stitching charges and all taxes)

At places other than (i) above Rs.5750/- per suit (inclusive of stitching charges and all taxes)

c) Rs.1200/- per pair of shoes per year.

CHAPTER – 3: TRAVELLING EXPENSES

3.1 REIMBURSEMENT OF CONVEYANCE EXPENSES

With effect from 01.01.2010 petrol entitlement has been made applicable to all JMGS I Officers (including

POs & TOs) irrespective of their length of service or position.

It has been decided to do away with the provisions of reimbursement of petrol expenses on account of

owning mopeds. Accordingly, there will be only two categories of users: Four Wheelers and Two

Wheelers. Moped owners can claim reimbursement of petrol as applicable to two wheelers.

A. Officers who maintain vehicle and claim reimbursement on production of money receipt/declaration

basis

CATEGORY

AREA I (population of 12 lacs & above)

AREA II (population of 1 lac & above)

OTHERS

Petrol in Lts Petrol in Lts Petrol in Lts

A. Officers owning cars

i) SMGS IV and V 105 95 85

ii) MMGS III 95 85 75

iii) MMGS II 80 75 70

iv) JMGS I 60 55 50

B. Officers owning two wheelers

50 45 40

B. Monetary ceilings on reimbursement of expenses to those officers who maintain vehicles and claim

expenses on certificate basis

CATEGORY

AREA I (population of 12 lacs & above) Rs. (p.m)

AREA II (population of 1 lac & above) Rs. (p.m)

OTHERS Rs. (p.m)

A.Car Owners

SMGS IV & V 1770 1560 1360

MMGS III 1770 1560 1360

MMGS II 1425 1360 1150

JMGS I 980 870 770

B.Two Wheeler Owners All categories of staff irrespective of grade

980

870

770

C. Officers not maintaining vehicles and using public transport and claiming reimbursement on certificate

basis

Category of officers Rs. p.m.

SMGS IV & V 1160

MMGS II & III 935

JMGS I 710

(CirDO/HR/146/2009-10 dt.05.02.2010)

It has been now permitted to claim the reimbursement of conveyance expenses on declaration basis

w.e.f. October 2008. Reimbursement is made on the basis of the rate prevailing on the last day of the

month and the same will be ascertained by the establishment paying the bill.

Option regarding reimbursement on receipt/certificate basis may be exercised only once. However,

option can be changed on change in type of vehicle, residence or place of posting.

Accumulation of permissible quota of petrol up to the end of each calendar quarter is permitted. Where

an officer proceeds on long leave, i.e. 14 days or more, it will not be permissible to carry over the un -

availed quota in respect of such period of leave.

All journeys for official purposes made within a radius of 10 Kms. Are covered in the consolidated bill.

However, for journeys beyond 10 Kms. No deduction need be made for first 10 Kms.

In case of diesel-run cars, the cost of prescribed quantity of diesel instead of petrol will be reimbursed.

The cost of high-octane fuel/ Power/ Xtra premium may also be reimbursed to the officers on actual

consumption basis. Exotic brands with higher prices will not be permissible.

Joining time cannot be treated as on duty for the purpose of reimbursement of conveyance expenses.

3.2 REIMBURSEMENT OF TRAVELLING EXPENSES- USING OWN VEHICLES FOR OFFICIAL DUTIES.

Type of vehicle Engine capacity Rate per Km. (Rs.)

Four wheeler 1000 CC or more 5.80

Four wheeler Less than 1000 CC 4.60

Motor Cycle/Sccoter 2.80

The same rates are applicable where consequent on transfer, the vehicle is driven by road and in

case of travel by own car on LFC subject to the stipulated ceiling.

Prior approval of the authority not below the rank of DGM is to be obtained for travelling by

hired taxi/own vehicle.

3.3 LODGING EXPENSES

Grade/Scale Major „A‟ class cities(Rs) Area-I (Rs.) Other places (Rs.)

TEGSS I&II 8500 4250 3750

TEGS VI&VII 6800 3400 3000

SMGS IV&V 4000 2400 2000

MMGS II&III 2400 1600 1200

JMGS I 1600 1200 800

Major ‘A’ class cities for the purpose are Mumbai, Delhi, Kolkata, Chennai, Ahmedabad, Hyderabad and Bangalore.

Area I centres are Pune, Nagpur, Surat, Lucknow, Visakhapatnam, Kanpur, Patna, Jaipur, Coimbatore, Kochi, Indore, Bhopal, Vadodara, Ludhiana, Madurai, Varanasi and Agra.

Officers in TEGS VI and above who are unable to stay in eligible ITDC hotels in Delhi, Kolkatta, Mumbai, Chennai and Bangalore within the permissible room tariff, may be reimbursed actual lodging expenses for staying in other hotels not exceeding 125% of the room tariff of their entitled class at these centres. (CirDO/HR/72/2007-08 dt. 15.10.2007)

3.4 MODE OF TRAVEL AND EXPENSES ON TRAVEL

Effective from 02.06.2005, the following provisions shall apply wherever an officer is required to travel on duty

An officer in Junior Management Grade is entitled to travel by 1st class or AC 2-tier sleeper by train. He may, however, travel by air (economy class) if so permitted by the competent authority, having regard to the exigencies of business or public interest.

An officer in Middle Management Grade is entitled to travel by 1st class or AC 2-tier sleeper by train. He may, however, travel by air (economy class) if the distance to be travelled is more than 1000 kms. He may, however, travel by air (economy class) even for a shorter distance if so permitted by the competent authority, having regard to the exigencies of business or public interest.

An officer in Senior Management or Top Executive Grade is entitled to travel by AC 1st class by train or by air (economy class).

An officer in Senior Management or Top Executive Grade may travel by car between places not connected by air or rail provided that the distance does not exceed 500 km. However, when a major part of the distance between the two places can be covered by air or rail only the rest of the distance should be normally be covered by car.

Any other officer may be authorised by the competent authority, having regard to the exigencies of business to travel by his own vehicle or by taxi or by the Bank’s vehicle.

The remaining provisions as in Sub-regulations (2) & (3) of Regulation 41 of Officers Service Regulations remain unchanged.

(CDO/P&HRD-IR/17/2005-06 dt.07.07.2005)

Corporate Deal: Bank has entered into a corporate deal with Indian Airlines assigned code ‘B-028’, Jet Airways Ltd – ‘SBI’ AND Kingfisher Airlines Ltd – ‘SB1001’. Officers eligible to travel by air should ensure that the air tickets purchased bear the above codes.

Air Insurance: Bank will reimburse premia as per following ceiling on air insurance cover bought by officers while travelling by air for official purposes:

Officers in TEGSS I&II Rs.15.00 lacs

Officers in TEGS VI & VII Rs.12.50 lacs

Officers in SMGS IV & V Rs.10.00 lacs

Officers in MMGS II & III Rs.7.50 lacs

Officers in JMGS I Rs.5.00 lacs

Bank has arranged personal accident insurance of all officers in TEGS VI and above and all Mobile Inspecting Officers and has obtained Group Insurance Policies. Therefore, separate individual policies for journeys by Air by these officers are not necessary.

3.5 PAYMENT OF CONVEYANCE ALLOWANCE TO THE BLIND AND ORTHOPAEDICALLY HANDICAPPED OFFICERS (w.e.f.18.02.2009)

Blind and Orthopaedically handicapped employees of the Bank may be paid conveyance allowance @ 5% of the revised basic pay by them from time to time subject to a maximum of Rs.400/- p.m. subject to the following:

The eligible employees who are provided with the Bank’s vehicle for travel between office and residence will not be eligible for conveyance allowance. Eligible employees who are allotted residential accommodation in the same campus as the branch/office of the Bank will also not be eligible for the allowance.

In case of workmen staff, the allowance will be in addition to the transport allowance payable to all workmen as per the bipartite settlements.

(CDO/P&HRD-IR/113/2008-09 dt.18.03.2009)

CHAPTER-4: TRANSFER

4.1 BAGGAGE CHARGES ON TRANSFER (w.e.f. 01.08.2006)

An officer on transfer will be reimbursed expenses for transporting his baggage by goods train up-to the following

limits:-

Pay Range (pre revised) Where the officer has

Family No Family

Rs.10,000/- per month to Rs 13,820/- per month 3000 kgs 1500 kgs

Rs 13,821/- p.m. and above Full wagon 2500 kgs

In terms of Rule 42(2) (ii) of SBIOSR if an officer eligible for full wagon avails of the “container service” by railways,

he will be reimbursed actual charges for one container if he is in the Junior or Middle Management Grade and for

two containers if he is in Senior or Top management Grade. If the baggage is transported by road between places

connected by rail, the reimbursement will be limited to the actual freight charges against submission of bills

subject to the cost not exceeding the cost of transport of the maximum permissible quantity by goods train. The

maximum limit in cases where ‘full wagon’ is applicable shall normally be 60 quintals (6tonnes) by goods train.

However if the expenses incurred are beyond such maximum, the Bank may, keeping in mind the hardships

involved to the officer concerned, reimburse the actual expenses incurred on the basis that the minimum charges

for transport of goods in an 8 wheeler wagon which would be 120 quintals (12 tons) provided the baggage is

transported through approved transport operators. Consequently, where an officer on transfer is shifting his

personal effects between the two places by approved lorry transport, even if the two places are connected by

train, the reimbursement of expenses may be made at the following rates subject to the weight stipulation

mentioned in relevant Officers' Service Rules.

(i) Hilly Terrain: @ Rs 4.20 per K.M. per ton. If the transfer distance includes both the hilly terrain and other than

hilly terrain, then the distance covered by hilly terrain will be reimbursed as per rate of hilly terrain and the rest of

the distance will be reimbursed as per the rate of other than hilly terrain. Circle Management Committee shall

decide which places come under the hilly terrains in their respective Circles and issue suitable clarifications in this.

(ii) Other than Hilly Terrain:

a) @ Rs 2.80 per KM per tons up to 600KMs

b) If the transfer is for a shorter distance below 300 KMs in places other than hilly terrains, the cost may be

reimbursed @ Rs 2.80 per KM per ton for minimum 300 KMs.

c) If the transfer is at a distance beyond 600 km s other than in a hilly terrain, the cost may be reimbursed @ Rs

2.80 per KM per tonne for the first 600 KMs and @ Rs. 1.40 per KM per tonne beyond 600 KMs taken as

incremental. (CDO/P&HRD-PM/51/2007-08 dt.13.12.2007)

4.2 INCIDENTAL EXPENSES ON TRANSFER (w.e.f. 01.11.2007)

The lumpsum payable as incidental expenses on transfer is as follows:

GRADE Amount (Rs.) Includes Does not include

JMGS I AND MMGS II&III SMGS AND TEGS GRADES

14000 18000

Packing Charges Insurance Local Transportation

Loading/Unloading at Rly.station/Lorry. Conveyance for self and family from residence. Coolie charges for personal baggage.

4.3 JOINING TIME ON TRANSFER

An officer shall be eligible for joining time on one occasion and not exceeding seven days, exclusive of the number of days spent on leave to enable him –

a) To join a new post to which he is appointed while on duty in his old post or b) To join a new post on return from leave.

In calculating the joining time admissible to an officer, the day on which he is relieved from his old post shall be excluded, but public holidays following the day of his relief shall not be included in computing the joining time. Provided that if joining time is granted in continuation of leave, the last day of leave shall be the day on which joining time commences.

Joining time should be availed of within 3 months. Extension of availing joining time beyond 3 months can be permitted by:

For all officers upto SMGS IV Reporting Authority not below the rank of AGM

For officers of SMGS V Reporting Authority not below the rank of DGM

(CirDO/HR/49/2008-09 dt.10.07.2008)

Eligible for halting allowance for journey time, joining time and taking over period.

No joining time shall be admissible to an officer when the transfer does not involve a posting to a different place.

No joining time will be admissible to an officer when his posting is of temporary nature, irrespective of the fact that posting is to a place or station other than the one at which he is permanently posted.

4.4 TRAVELLING EXPENSES ON RETIREMENT

On retirement, an officer will be eligible to claim travelling, baggage and other expenses for himself/herself and his/her family from the last station at which he is posted to the place where he/she proposes to settle down on retirement.

CHAPTER-5: LEAVE

Computation of entitlement to privilege as well as casual leave of the officers has been changed from calendar

year to Financial Year w.e.f.01.04.2003 ie., from 1st April to 31st March. However, there is no change in the existing

computation procedure for the sick leave. (CDO/PM/16/CIR/80 dt.28.12.2002)

5.1 CASUAL LEAVE:

An officer shall be eligible for casual leave on full emoluments for 12 working days in a year provided that:

Not more than four days’ casual leave may be availed of at any time.

An inspecting official on continuous mobile duty may avail casual leave without the ceiling of four days.

Casual leave may be prefixed or suffixed to or combined with Sundays/Holidays. Such Sundays/Holidays

shall not be treated as part of the casual leave.

The incumbents of the following posts are deemed to be ineligible for casual leave: Branch Managers,

Officers, including Managers of Divisions, entrusted with joint custody of currency chest, control

documents, valuables and securities etc., Cash Officers.

In case of an officer who is ineligible for casual leave, the entire balance of casual leave should be credited

to privilege leave account.

The incumbents of the following posts are deemed to be eligible for casual leave: Dy. General Managers

at Main Branches; Divisional Managers at Main Branches; Branch Managers of divisionalised branches

having the post of Manager (Accounts); Divisional Managers not holding custody of security documents,

valuables or locker keys etc.

An officer may be granted casual leave for 12 days in the year of retirement.

5.2 UNAVAILED CASUAL LEAVE

Casual leave not availed of in any year may be suffixed or prefixed to sick leave in the following three years. In case

an officer does not avail himself of the unavailed casual leave in the following years, it will automatically lapse. The

unavailed casual leave of an award staff employee, which has been credited to sick leave account and thus

accumulated thereby stands protected on his promotion to supervisory cadre. Accordingly, such sick leave will be

shown as credit to the sick leave account of an employee on promotion and the sick leave so credited will be in

addition to the sick leave to which the employee will be entitled to after his promotion in terms of his service rules.

5.3 PRIVILEGE LEAVE

An officer shall be eligible for privilege leave computed at one day for every eleven days of service on duty,

provided that at the commencement of service, no privilege leave may be availed of before completion of 11

months of service on duty. Provided that maximum period of privilege leave admissible to an officer at any one

time shall be four calendar months. Provided further that a member of the Bank’s staff promoted as an officer

shall have such privilege leave as may be due to him at the time of promotion credited to him as privilege leave

earned under this Rule.

Privilege leave may be accumulated upto not more than 240 days except where leave has been applied

for and it has been refused.

Portion of privilege leave that is allowed to be carried over should necessarily be availed as early as

possible, say within 3 months of the following year and in extreme emergent situations such carryover of

leave may be extended upto a period of 6 months. Should this not be possible and the officer is due to

retire, he will be permitted to encash a maximum of 240 days only.

Officers who are retiring in the middle of the year will be allowed to encash a maximum of 240 days only.

5.4 ENCASHMENT OF PRIVILEGE LEAVE

One month’s Privilege Leave can be encashed once in every block of four years at the time of availing of LTC/HTC

or 15 days’ encashment of leave in each block of 2 years while availing of LTC/HTC. For such encashment, Basic

Pay, Dearness Allowance and House Rent Allowance (actual or notional), CCA and all other regular allowances are

admissible.

For the purpose of computing leave encashment of an officer, who is staying in his own house and is being paid

HRA on capital cost basis, the actual HRA paid to an officer should be taken into account for the purpose. The

concept of notional HRA is applicable to the officers who have been provided with the residential accommodation

by the Bank (Leased/Bank’s flats)

5.5 SICK LEAVE

An officer shall be eligible for 30 days of sick leave for each completed year of service subject to a maximum of 18

months during the entire service. Such leave can be accumulated upto 540 days during the entire service and may

be availed of only on production of medical certificate by a medical practitioner acceptable to the Bank or at the

Bank’s discretion, nominated by it at its cost.

In respect of the period of sick leave, an officer shall be eligible to receive one half of the full emoluments.

Provided that if an officer so desires, the Bank may permit him to draw full emoluments in respect of any

portion of sick leave granted to him, twice the amount of such period on full emoluments being debited

against his sick leave account.

Where an officer has put in a service of 24 years, he shall be eligible to additional sick leave at the rate of

one month for each year of service in excess of 24 years subject to a maximum of 3 months of additional

sick leave. Bank has decided that additional sick leave of 3 months in terms of Rule 34 (4) of SBIOSR can

also be sanctioned in accordance with the proviso to sub -rule34 (2), i.e. for an absence of 45 days on sick

grounds by debiting twice the number of days of absence.

So long as privilege leave is due, an officer who proceeds on leave on medical grounds may exercise the

option of availing himself of sick leave or privilege leave.

5.6 STUDY LEAVE

Study leave for a maximum period of 3 years, provided the officer has completed 5 years service in the Bank and

has more than 5 years residual service left after return from study leave. The officer should have completed all

mandatory assignments for his next promotion. Study leave will be granted only on one occasion for the above

purpose during his/her entire service. The bond amount for study leave granted to officers in terms of instructions

contained in Circular No. CDO/P&HRD-CM/40/2007-08 dt.23.10.2007 stands as under:

Period of Study Leave Bond Amount

a) Upto 1 year Rs.7.50 lacs b) More than 1 year and upto 2 years Rs.10.00 lacs c) More than 2 years and upto 3 years Rs.15.00 lacs

5.7 EXTRA ORDINARY LEAVE (EOL)

An officer shall be eligible for extraordinary leave on loss of pay for not more than 360 days during the entire

period of service. Such leave may not be availed of except for sufficient reasons for more than 90 days at a time.

Provided that in very special circumstances, the competent authority may grant EOL on loss of pay upto a total

period of 720 days. EOL on loss of pay may be granted to an official when no privilege leave is due to him and

when having regard to his length of service, sick leave is not considered justified by the authority empowered to

grant leave. Normally EOL may be sanctioned in the following circumstances:

(a) Officer’s own sickness; (b) Sickness of officer’s wife or children; (c) For appearing in examinations; (d) For prosecuting higher studies, in case of those who are not eligible for study leave; (e) Any other reason beyond the control of the officer.

Period Competent Authority

180 days cumulative upto MMGS III

Working in branches: Respective Regional Manager Working in CPCs/Admin Offices: AGM (Admin)

360 days cumulative GM concerned

720 days cumulative CGM

Beyond 720 days Group Executive/Dy.M.D.& CDO,CO, Mumbai, may condone absence.

The proposal for condonation of absence beyond 720 days (EOL) in respect of deceased cases, in order to

regularise the absence should not be put up for consideration to Central Office. In such cases the absence of the

officer should be noted as such in his service sheet and the terminal benefits settled after recovering dues and

liabilities in the usual manner.

EOL may be granted in combination with or in continuation of any kind of leave. Such leave will not count for

pension, increment, etc. Seniority of the officer will also be affected. Competent Authority may approve

restoration of seniority and to count the period of Extra -ordinary leave for the purpose of increment. It will,

however, not reckon for pension.

Restoration of seniority : Up to 180 days – CGM ; Beyond 180 days - Dy. M.D. & CDO, CC, Mumbai.

5.8 MATERNITY LEAVE

On and from 1st day of April 2000 leave upto a period of 6 months at a time may be granted by way of maternity

leave if the request is supported by sufficient medical certificate including in respect of postnatal period or at the

time of miscarriage or abortion, medical termination of pregnancy, so however, that not more than 12 months of

such leave shall be available during the entire period of service of the officer.

Maternity leave may be combined with leave of any kind unless provided otherwise.

In case of miscarriage/MTP/abortion maternity leave may be granted as a rule up to 6 weeks, on the basis

of medical certificate/advice of a competent medical practitioner, i.e. a qualified Gynaecologist.

In special/exceptional cases involving medical complications associated with miscarriage/MTP/abortion,

maternity leave may be granted beyond6 weeks if advised by a competent medical practitioner (qualified

Gynaecologist) but upto 6 months only on any one occasion, within an overall limit of 12 months during

the entire period of service.

With effect from 1st April, 2001 leave may also be granted once during service to childless female

employee for legally adopting a child who is below one year of age till the child reaches the age of one

year, subject to a maximum period of two months on the following terms and conditions:

o Leave will be granted for adoption of only one child.

o The adoption of a child should be through a proper legal process and the employee should

produce the adoption deed to the Bank for sanctioning such leave.

(CDO/IR/CIR/29 dt.30.07.2001 & CDO/IR/CIR/77 dt.28.02.2002)

5.9 SPECIAL CASUAL LEAVE Corporate Centre has been advised by Government of India, Department of Financial Services, Ministry of Finance, New Delhi that differently abled employees working in Public Sector Banks are entitled for special casual leave for their participation in the conferences/workshops/seminars/training related to Disability and Development related programmes organised at National and State level agencies to be specified by Ministry of Social Justice and Empowerment. (CirDO/HR/100/2008-09 dt.19.09.2008)

CHAPTER – 6: LEAVE TRAVEL CONCESSION (w.e.f.01.05.2010 - CDO/P&HRD-IR/11/2010-11 dt.08.06.2010)

During each block of 4 years, an officer shall be eligible for leave travel concession for travel to his place of domicile once in each block of two years. Alternatively, he may travel in one block of two years to his place of domicile and in another block of two years to any place in India by the shortest route.

Alternatively, an officer, by exercising an option anytime during a 4 year block or two year block, as the case may be surrender and encash his LTC (other than travel to place of domicile) upon which he shall be entitled to receive an amount equivalent to 75% of the eligible fare for the class of travel by train to which he is entitled upto a distance of 4500 kms (one way) for officers in JMG Scale I and MMGs Scale II & III and 5500 kms (one way) for officers in SMG Scale IV and above. An officer opting to encash his LTC shall prefer the claim for himself/herself and his/her family members only once during the block/term in which such encashment is availed of. The facility of encashment of privilege leave while availing Leave Fare Concession is also available while encashing the facility of LTC.

The mode and class by which an officer may avail of Leave Travel Concession shall be the same as the officer is normally entitled to travel on transfer and other terms and conditions subject to which the Leave Travel Concession may be availed of by an officer, shall be as decided by the Board from time to time. Provided that w.e.f. an officer in Junior Management Grade Scale I while availing LTC will be entitled to travel by air in the lowest fare economy class in which case the reimbursement will be the actual fare or fare applicable to AC 1st class fare by train for the distance travelled whichever is less. The same rule shall apply when an officer in Middle Management Grade Scale II and Middle Management Grade Scale III while availing LTC where the distance is less than 1000 kms.

6.1 DEFINITION OF FAMILY

For the purpose of medical facilities and for the purpose of leave fare concession, the expression ‘family’ of an officer shall mean an officer’s spouse, wholly dependent unmarried children ( including step children and legally adopted children), physically challenged brother/sister with 40% or more disability, as also parents ordinarily residing with and wholly dependent on the officer.

The term wholly dependent child/parent, wholly dependent physically challenged brother/sister shall mean such member of the family having a monthly income not exceedingRs.3500/- per month. If the income of one of the parents exceeds Rs.3500/-p.m. or the aggregate income of both the parents exceeds Rs.3500/- p.m., both the parents shall not be considered as wholly dependent on the officer.

6.3 MISCELLANEOUS INFORMATION ON LFC/HTC

The concession may be availed of when on leave of any kind including casual leave.

While an officer may reach the designated place (place of domicile in case of HTC) by a longer/circuitous

route by a higher or lower class both onward and return journey, he will, however, be reimbursed with

the actual fares/hire charges incurred by him or the fare to the designated place by the shortest route by

the entitled class, whichever is less. Officer may also travel to a foreign land enroute to his designated

place.

The Head Quarters or the designated place cannot be touched more than once.

The members of the family of an officer may also be permitted to avail of LFC without the attendance of

the officer. Further the officer and/or his family may be permitted to visit same or different places within

the permissible distance. This facility is not available in case of HTC. The time gap between the

commencement of onward journey by a member of the family and that of the officer should not be more

than 3 months and the onward journeys by the officer as well as the family members start with the block

concerned.

Advance upto the eligible fare may be obtained ordinarily upto 30 days before the journey.

6.4 AVAILMENT OF LTC/HTC AFTER RETIREMENT

Where an officer is not able to avail LTC/HTC in the last block of service before superannuation (which at present is

60 years of age) for any reason, LTC/HTC may be permitted to be carried forward for 4 months beyond retirement

and the retiree may be allowed to avail of the facility within that period as per the existing rules relating to the

serving officers of the Bank. The facility of Home Travel Concession can be availed of only in such cases when the

officer intends to settle down after retirement at a place different from his place of domicile, as declared by him. A

declaration has to be given by the officer concerned in this regard that the place where he intends to settle down

after retirement and his place of domicile are different. Further, where both LTC and HTC are due, only one of the

facilities will be carried forward.

The competent authority to permit the carryover of LTC beyond retirement will be the same authority

who has been authorized to allow the carryover facility to serving officers. Such carryover may be

permitted due to official exigencies or any other genuine reason.

In exceptional circumstances for genuine reasons, the LTC/HTC may be permitted to be carried forward

upto 6 months beyond the date of superannuation, subject to the conditions mentioned above. The

competent authority to permit will be one grade higher than the authority who has been authorised to

allow carryover facility for serving officers.

Where such carryover is permitted and where advance is availed from the Bank, the amount equivalent to

advance taken should be tendered by way of STDR of SBI for 9 months by the officer in his name and lien

should be marked on it by the Bank. The lien should be released only after the LTC/HTC bill is fully and

finally settled. Where no advance is taken there is no need for insisting on tendering of STDR as security.

The relative LTC/HTC bill must be submitted by the officer at the branch/office concerned within 15 days

of completing the last journey undertaken by him/his family members under the facility and not later than

9 months of his date of retirement.

The officer, after retirement but within the period he/she has been allowed carry forward of LTC, may

surrender and encash his/her LTC (other than travel to place of domicile ie., the officer will not be

eligible to surrender and encash HTC) upon which he shall be entitled to receive an amount equivalent to

75% of the eligible fares upto a distance as per entitlement as an officer on the last day of his service in

the Bank. However, the facility of encashment of privilege leave shall not be allowed after retirement,

under any circumstances.

The mode and class of travel shall be the same as he was entitled to as an officer on the last day of his

service in the Bank.

The facility shall not be extended to such retired officers on whom Rule 19(3) has been invoked.

The facility will not be allowed to employees who seek voluntary retirement, are dismissed, removed or

compulsorily retired from Bank’s service.

Since the privilege leave in the account of any officer is either encashed or lapses on retirement, there is

no question of grant of leave encashment with the facility of LTC after retirement.

(CDO/P&HRD-PM/47/2010-11 dt.27.10.2010)

6.5 CHANGE IN PLACE OF DOMICILE

While declaration of home town or place of domicile once made should ordinarily be treated as final, there may be exceptional cases warranting a change. Accordingly, it has been decided that while each case will have to be examined on merits, the following criteria will apply:

The place declared as home town should be the place where the employee would normally reside but for the exigencies of service in the Bank, or it should be one which requires his/her physical presence at intervals for discharging various domestic or social obligations and accordingly, the employee should have been visiting that place regularly.

The employee should own a residential property in that place or be a member of joint family having such property.

The facility of changing the place of domicile is to be extended only once in the employee’s service in the Bank.

Competent Authority for approving change in place of domicile: Officers upto SMGS IV – AGM (Admin); Officers SMGS V – Reporting Authority not below the rank of DGM.

(CirDO/HR/49/2008-09 dt.10.07.2008)

CHAPTER – 7: RESIDENTIAL ACCOMMODATION, FURNITURE

7.1 LEASED RESIDENTIAL ACCOMMODATION-RENTAL CEILINGS (w.e.f.01.01.2008)

SCALE MAJOR ‘A’ Centres

`A’ Category Centres

‘B’Category Centres

“C” Category Centres

JMGS-I 10000 7500 4500 3300

MMGS-II 10500 8000 4750 3500

MMGS-III 11000 8250 5000 3900

SMGS-IV 12000 9000 5300 4200

SMGS-V 13000 9500 5750 4750

TEGS-VI 22000 14000 10000 NA

TEGS-VII 25000 18000 14000 NA

Major ‘A’ Centres: Mumbai, New Delhi, Kolkata, Chennai, Ahmedabad, Bangalore and Hyderabad. `A’ Category Centres: Centres with population of 7.5 lacs and above `B’ Category Centres: Centres with population of above 2 lacs , but less than 7.5 lacs `C’ Category Centres: All other centres (CDO/P&HRD -PM/29 dt.04.08.2005 – Classification as per Census 2001). A few centres which are fast developing due to IT industries/ SEZ/ Project areas or of historical / religious/ tourist

importance/ submersible centres, in spite of being categorised as B or C category centres, the rental value are very

high. Circle CGMs may notify maximum three such centres in B & C Category put together in each network and

may increase rental ceiling upto 10% in such centres.

Other terms and conditions:

i) The ceilings fixed are the outer limits. All efforts should be made to secure residential accommodation at lower

rates where possible.

ii) The lease rentals of the accommodation already leased to the Bank should not be revised till the contracted

period expires or lease is due for renewal and enhancement is asked for by the landlord and is in accordance with

the prevailing market rate in the locality for residential houses.

iii) The officers, who have their own houses/ flats constructed/purchased under the Bank’s Individual Housing Loan

Scheme at the Centres where they are posted should as far as possible, occupy their own houses/ flats. They may,

however, be permitted leased accommodation, if they experience any difficulty in occupying their own houses.

Further, if the particular assignment has a designated house, the same should be invariably occupied by the

incumbent.

iv) Under the Bank’s Cooperative Housing Loan or Individual Housing Loan Schemes, it is incumbent on the part of

employees to offer the houses/ flats constructed/ purchased there under on lease to the Bank. It is imperative that

the residential accommodation available under this arrangement should be effectively requisitioned and utilized in

order to ensure that the expenditure on leased residential accommodation is kept to the minimum.

v) Flats/ Houses already leased to the Bank by employees/ officers on economic rent basis should not be normally

released except for the occupation of the employee concerned, till the loan is fully liquidated.

vi) In those centres where the Bank’s quarters/ flats are available, it may be ensured by the appropriate authority,

that these are occupied by concerned officials, before any private lease is permitted.

vii) Advance rentals to land lord may be reimbursed maximum up to 10 in months in the centres where the

practice of advance leased rental is in place. Such centres may be notified by the Circle CGMs.

The officers in scale I to III are permitted to avail leased house accommodation at a place of choice. This facility is

permitted to Scale IV & V officers also on case to case basis. The officers in Scale IV & V may also be permitted to

avail leased house accommodation at a place of choice as being provided to officers in Scale I to

III. This facility is however available for leased accommodation within the Circle only, except for officers

transferred by the Bank out of Circle on account of promotion/administrative reasons. In such cases, the rental

ceiling applicable to the centre where the leased accommodation is provided, will apply.

(CDO/P&HRD-PM/72/2007-08 dt.05.03.2008)

7.2 CAR PARKING CHARGES (w.e.f.01.01.2008)

CENTRES AMOUNT (in Rs. p.m.) Major ‘A’ 500/- ‘A’ 400/- ‘B’ 200/- In case of “C” category centres, the Circle CGMs are empowered to notify maximum five centres in their Circle for

payment of car parking charges upto maximum of Rs 100/= per month. The Circle CGMs are empowered to

enhance car parking charges by further Rs. 100/= in case to case basis. In case the car parking facility is not

available with the leased accommodation, the officer may avail this facility in a nearby place and parking charges

may be reimbursed on actual rent receipt basis subject to the maximum ceiling of car parking charges prevailing at

the centre of leased accommodation. The provision of car parking charges is not applicable to officers who are

residing in their own houses/ flats. The parking charges should relate to parking of cars/four wheelers only

standing in the name of the officer concerned and not for two wheelers.

(CDO/P&HRD-PM/72/2007-08 dt.05.03.2008) 7.3 REIMBURSEMENT OF MAINTENANCE CHARGES The maintenance charges paid to the societies by the officers who stay in flats may be reimbursed over and above

the overall lease rental ceilings applicable to them as per the rates mentioned hereunder on a case to case basis

(against production of receipt & not on certificate basis)

CENTRES AMOUNT (in Rs. p.m.) Major ‘A’ 1000/-

‘A’ 750/- ‘B’ 500/- ‘C’ 250/-

(CDO/P&HRD-PM/72/2007-08 dt.05.03.2008)

7.4 PROVISION OF FIXTURE ITEMS AT RESIDENCE Fixture items worth Rs.1,800/- once in two years are provided at the residences of officers who availed the facility of furniture from the Bank on certificate basis. The list of items to be purchased is mentioned in the circular mentioned above. (CirDO/HR/135/2007-08 dt.18.02.2008)

7.5 FACILITY OF LEASED ACCOMMODATION AT A PLACE OF CHOICE

Officers in Scale I to V are permitted to avail Leased Housing Accommodation at a place of choice. In such cases,

the rental ceiling applicable to the centre where the leased accommodation is provided, will apply.

(CDO/PM/17/CIR/84 dt.03.01.2004) & (CDO/P&HRD-PM/72/2007-08 dt.05.03.2008)

Officers in Scale VI and VII are also permitted to keep their family and avail leased accommodation at a place of

choice on the stipulated terms & conditions (CDO/P&HRD-PM/17/2010-11 dt.24.06.2010)

7.6 LEASED HOUSING ACCOMMODATION – CLOSE RELATIVES

Though normally the officers will not be permitted to take houses on lease belonging to their close relatives for

allotment to them, the Bank may at its discretion permit the officers to avail the facility on case to case basis

depending on merits of each case and if the circumstances so warrant subject to the following terms and

conditions:

If Bank’s own residential accommodation is available it should be offered to the officer who needs a

residence. In such a case, officer should not be permitted to have leased accommodation.

The house belonging to the officer should not be permitted to be leased to the Bank for his own

occupation. Further, the house belonging to the officer’s spouse as well as dependent children should also

not be permitted to be leased to the Bank for his own occupation.

In case, the house of a relative of the officer is taken on lease for his occupation, the lease agreement

must be entered into with the Bank and not with the officer.

While entering into lease agreement in respect of house, if belonging to the close relative, Bank should

stipulate the condition that when the officer is transferred to other place the Bank will continue the lease

agreement as per its needs.

The house acquired by the relative should have been acquired by him/her from his/her own sources (not

partly funded by the officer) and that it should be independent and in full occupation of the officer and

shared with the relative. (CDO/PM/17/CIR/48 dt.22.12.2004)

7.7 LEASED HOUSING ACCOMMODATION-HRA ON CAPITAL COST BASIS

HRA on capital cost basis should be paid at the rate applicable at the centre where the house (constructed out of

Bank’s finance under IHL) of the officers is situated and he/she is permitted to keep his/her family thereat, being

the place of choice, irrespective of his/her place of posting. (CirDO/HR/146/2008-09 dt.21.01.2009)

7.8 RETENTION OF RESIDENTIAL ACCOMMODATION/ TELEPHONE/CAR AFTER NORMAL RETIREMENT/

VOLUNTARY RETIREMENT, RESIGNATION & DISMISSAL/ REMOVAL FROM SERVICE

Cases relating to Retention period: accommodation, telephone, car provided to officers in TEGS VI & above (Without any approval)

Normal retirement 2 months from the date of normal retirement

Voluntary Retirement ( with or without re-employment)

1 month from the date of voluntary retirement

Resignation from service 15 days from the date of resignation

Dismissal / Removal from service

15 days from the date of receipt of order of dismissal/ removal from service

Retention of the above facilities beyond stipulated period will not be permitted under any circumstances. Any

retention beyond the permitted period will be dealt with as per extant instructions like recovery of commercial

rent etc. However newspaper, casual labour, cleansing materials etc., if provided, should be withdrawn

immediately.

7.9 RETENTION OF HOUSE BY FAMILY MEMBERS ON DEATH OF THE OFFICER

In respect of officers up to SMGS-V

Up to 3 months Respective GM for network branches and Depts. at network headquarters and for Depts. under the direct administrative control of the CGM.

Up to 12 months or completion of the academic year of dependent children, whichever is earlier

Chief General Manager

7.10 ACCOMMODATION PROVIDED BY THE BANK-STANDARD RENT

House Rent recovery shall be @ 1.75% of the first stage of basic pay of scale in which the officer is placed or

standard rent, whichever is lower.

LIVING AREA STANDARD RENT

Upto 50 mts. 113/-

51 - 60 mts. 135/-

61 - 75 mts. 157/-

76 - 90 mts. 209/-

91 -105 mts. 252/-

106 -120mts. 296/-

121-150 mts. 362/-

151-180 mts. 433/-

181-225 mts. 510/-

226-300 mts. 728/-

301-400 mts. 901/-

401-550 mts. 1073/-

Beyond 550 mts. 1250/-

a)Servant quarter : Rs.17/- per month

b) Garage : Rs. 10/- per month

7.11 FURNITURE & FIXTURES

Bank has introduced a new scheme for providing essential furniture to eligible officers. The salient features of the

new scheme are as under: (CDO/P&HRD-PM/59/2006-07 dt.25.01.2007)

The new scheme shall apply to all confirmed officers, including officers in specialist category, in JMGS I to

SMGS V grade who are governed by the SBI Officers’ Service Rules 1992. Officers joining the Bank on contract/

CTC (Cost to Company) basis will not be eligible for availing of the facility.

Officers are allowed to purchase from reputed dealers, at the place of residential accommodation/nearest big

centre if the residential accommodation is at rural and semi-urban centre, the essential items of

furniture/fixtures of their choice. However, the items that may be purchased shall be from the standard list of

items prepared by the Bank.

Monetary ceiling for purchase of furniture/ fixtures for various Grades is as under:

Grade Monetary ceiling at all centres (including cost of fixtures, Transportation & curtains)

TEGSS II Rs. 6,00,000.00

TEGSS I Rs. 5,00,000.00

TEGS VI & VII Rs. 4,00,000.00

SMGS V Rs. 1,75,000.00

SMGS IV Rs. 1,10,000.00

MMGS II & III Rs. 1,00,000.00

JMGS I Rs. 90,000.00

The amount of eligibility mentioned above also includes reimbursement of cost of curtains, fixtures and all

other miscellaneous items.

No repairs of the furniture/fixture, minor or major, will be undertaken by the Bank and officers will be

responsible for maintenance of furniture/fixture supplied to them. However, officers are eligible for

reimbursement of expenses on account of repairs, annual maintenance charges, for washing of curtains and

transit insurance etc., subject to undernoted ceiling:

Grade Monetary ceiling (per annum)

TEGS VI & VII and TEGSS I/ TEGSS II

No maintenance charge is payable as the same will be repaired and maintained by the Bank for the full set

SMGS V Rs. 12 ,000.00

SMGS IV Rs. 11, 000.00

MMGS II & III Rs. 1 0,000.00

JMGS I Rs. 9 ,000.00

Officers will have to claim this amount on a certificate basis every year in January and no carryover of such

claim to the next year is permitted.

On promotion, an officer may become eligible for higher ceiling and in such eventuality; he may purchase the

additional items of furniture within the ceiling prescribed for his new grade and claim that additional amount

from the Bank.

After purchasing the furniture/fixtures, the officers will have to use the same for 10 years. Thereafter, the

ownership of the same will be transferred to the officers. They would be eligible for availing the facility for

second time, subject to the condition that this facility would be given a maximum of three times in entire

service career. However, every subsequent time they avail this facility, their eligible amount for this purpose

shall be reduced by the residual book value of the furniture/fixture supplied last time.

The officers shall not let out or otherwise part with the possession of furniture/fixtures to any one in whole or in part till the time the ownership thereof is transferred in their names.

Once the officer has been paid the amount for purchase of furniture/fixtures from the next month onward, 0.40% of the pay in the first stage of the scale of pay in which the officer is placed will be recovered from his monthly salary toward the rent.

However, an SMGS V officer on promotion to TEGS VI, may give an option to either carry or surrender all the furniture and fixtures provided to him.

CLARIFICATIONS (CDO/P&HRD-PM/80/2006-07 dt.29.03.2007)

Date of purchase of the item of furniture/fixtures should be the base for calculating the number of years while

transferring the ownership to the officer/retiree concerned.

The ceilings for purchase of furniture/fixtures are exclusive of taxes.

Lumpsum amount for repairs etc. Shall be payable every year in January provided that where the

reimbursement for furniture/fixtures is made for the first time to an officer in any year, the first payment of

lumpsum amount will be made in the month of January that falls at least 9 months after the date of purchase

of furniture/fixtures.

Officers are not required to insure the items at their own cost. However, in cases of transfer/shifting of

furniture/fixtures, the officers will have to bear the cost of transit insurance.

At the time of retirement/voluntary retirement/exit/removal/dismissal of the officer, if an officer has put in

more than five years of service from the date of reimbursement of furniture/fixtures, no recovery shall be

made from him and the ownership of Bank’s furniture/fixtures will be transferred to him. In case of death of

the official while in service, the family of the deceased officer will be given the furniture/fixtures already

purchased by that officer free of cost and the book value of the same will be written off from Bank’s books.

The authority structure for sanction of advance and passing of entries in regard to purchases of

furniture/fixtures is as under:-

Officers posted in Authority

Branches other than BM Branch Manager

Branch Manager AGM (Admin)/ Controller

Administrative Offices Chief Manager (Admin) in charge of OAD

Local Head Office AGM (OAD) on the recommendation of Estate Department, LHO

Corporate Centre AGM (OAD) on the recommendation of Estate Department, Corporate Centre. Wherever estate department is not in place, AGM (OAD) will exercise all powers

Write Off

Officers posted in Authority

Branch/ AU AGM (Admin)

LHO AGM (premises & Estate)

CC/ CC establishment DGM (Estate) & where DGM (Estate) is not in position, the AGM (OAD)

The entire set of furniture/fixtures provided to the officers, who are going abroad on account of their posting

as IBO/IBTO, may be surrendered to the Estate Department/Section concerned in CC/LHO/AU depending on

the posting of the officer. The department concerned may dispose of the items by way of auction and their

furniture account may be made NIL. On return to India, they may again be provided the furniture/fixtures

afresh as per their entitlement. (CDO/P&HRD-PM/33/2007-08 dt.06.09.2007)

Furniture/fixtures under the new scheme are to be provided to officers of all grades on probation (employees

promoted as JMGS I, TOs, Pos, Specialist officers) as is the eligibility of confirmed officers in their Grades.

However, in case of officers who resign during the probation, the entire amount given to them to purchase

new furniture/fixtures will be recovered from them.

(CirDO/HR/139/2008-09 dt.04.12.2008)

Officers promoted to TEGS VI, if they have incurred expenses on account of repairs and maintenance of

furniture/fixtures prior to their promotion to TEGS VI may also be allowed to claim maintenance expenses on

prorata basis during the intervening period i.e. @ Rs.1,000/- per month (Rs.12,000/12). For the above purpose

only completed months will be taken. However, maintenance expenses will not be reimbursed for the

remaining period of the year after the date of their promotion to TEGS VI.

(CirDO/HR/192/2008-09 dt.20.03.2009)

At the time of retirement, officers upto Scale V are required to own the furniture/fixture provided to them by

the Bank at the following cost:

Furniture with more than 5 years of age - Free of cost.

Items with more than 4 years of age – at 20% of the original cost.

Items with more than 3 years of age – at 40% of the original cost.

Items with more than 2 years of age – at 60% of the original cost.

Items with more than 1 year of age – at 80% of the original cost.

Items with less than 1 year of age – 100% of the original cost.

Curtains and Inverter battery being consumable items, may be given to the officers (in all scales) who

retire on superannuation, free of cost, irrespective of its age. The book value, if any, may be written

off as per the extant instructions. (CirDO/HR/191/2008-09 dt.20.03.2009)

It will be necessary for the officers in scale VI and VII to carry the furniture and fixtures purchased at the

specific requirement/request of the officer upto a total cost of Rs.3.00 lacs, on transfer to their next place of

posting.

If any officer in TEGS VI & above proposes to purchase items of furniture and fixtures, which are not in the

prescribed list, the same may be permitted by the competent authority, provided the items are in the nature

of furniture and fixture. In such case, the officer will necessarily have to carry the items on

transfer/retirement.

Officers in Scale V and below may purchase an item without restriction on quantity from the list of prescribed

items applicable as per his scale within his overall entitlement.

The following electronic/fitness items are included in the prescribed list:

LCD TV any size, AC any size, Laptop/Notebook, Fully automatic washing machine, Refrigerator any size,

RO systems, Morning Walker and Foot Massager.

However, the officer will have to utilize 50% of his overall entitlement on furniture items.

Life span of furniture and fixtures:

Furniture & Fixture items - 10 years

Electronic Consumer items - 5 years

Mattresses - 3 years

Curtains and Inverter battery - 3 years

The life span of all the items shall be reckoned from the date of purchase.

(CDO/P&HRD-PM/6/2010-11 dt.28.04.2010)

All electronic and electrical items and equipments running on electricity are classified as electronic items

except physical health equipments. All other remaining items including physical fitness/health equipments are

classified as furniture items. An officer can avail facility of purchasing electronic items 6 times only during his

entire service and for purchase of furniture the facility will continue to be availed 3 times only during his

service. In case of death of an officer while in service, the family of the deceased officer will be given furniture

and electronic items free of cost and the book value of the same will be written off from Bank’s books.

(CDO/P&HRD-PM/10/2010-11 dt.07.06.2010)

7.12 SUPPLY OF CLEANSING MATERIAL

Cost of cleansing/disinfecting materials is reimbursed to officers provided with furnished/unfurnished leased housing accommodation as well as those officers staying in their own houses/flats (constructed/acquired with Bank’s finance under either of the two Housing Loan Schemes) only when they are (within the Bank’s discretion) supplied full set or part set (minimum 1/3rd of the monetary ceiling) of furniture items. Further, if an officer requests for part supply of furniture, cleansing materials cannot be supplied to him/her even on his/her volunteering to pay the rent there for at the standard rate. The amount is to be reimbursed on certificate basis without production of bills for purchase of cleansing material (as per the list prescribed by the Bank) within the under noted ceilings:

Grade Amount

JMGS-I Rs.600/- p.m.

MMGS-II & MMGS-III Rs.750/- p.m.

SMGS-IV Rs.825/- p.m.

SMGS-V Rs.975/- p.m.

TEGS-VI & VII Rs.1200/- p.m.

TEGSS-I/ II Rs.1500/- p.m.

(CDO/P&HRD-PM/9/2007-08 dt.21.05.2007)

7.13 REIMBURSEMENT OF DAILY WAGES PAID TO CASUAL LABOUR

The Executive Committee of Bank’s Board has approved reimbursement of daily wages paid to casual labour by all

categories of officers as under w.e.f.01.06.2007

Category Amount per day

JMGS I Rs 10

MMGS II & III Rs 15

SMGS IV Rs 25

SMGS V Rs 50

TEGS VI & VII Rs 75

TEGSS I Rs 100

TEGSS II Rs 125

NOTE: Reimbursement of daily wages paid to casual labourers at the prescribed rate can be made if the officer has

taken furniture for at least 1/3rd value of his entitlement. For any value of furniture less than 1/3rd value, the

reimbursement of daily wages paid to casual labourers will not be considered.

(CDO/P&HRD-PM/17/2007-08 dt.30.07.3007)

7.14 REIMBURSEMENT OF THE COST OF NEWSPAPER/MAGAZINE

Officers are reimbursed the cost of newspapers/magazines supplied at their residences, depending upon their

grade/scale as detailed below on certificate basis without production of bills:

GRADE/SCALE OF OFFICER NEWSPAPERS/PERIODICALS/ MAGAZINES ETC.

All officers in JMG Scale I Rs. 350/-p.m.

All officers in MMG Scale II and III Rs. 500/-p.m.

All officers in SMG Scale IV and V Rs. 700/- p.m.

TEGS-VI Rs. 2000/- p.m. @

TEGS-VII Rs .2500/- p.m. @

@ Beyond the ceiling against production of bills/receipts.

It has been decided to club together the cost of newspaper and magazine and reimburse the expenditure as

per ceilings mentioned above. Therefore, separate reimbursement for newspaper/magazine will not be made.

(CDO/P&HRD-PM/48/2006-07 DT.29.11.2006)

7.15 RESIDENTIAL TELEPHONES

Officers of MMGS II grade and above, irrespective of their positions, may be allowed the facility of official

telephone at their residences. However, the eligibility for availing telephone facility from the Bank for officers in

JMGS I will remain depending upon the need of the Bank. The ceilings of monthly telephone calls are as under:

Officers Limit on no. of calls per month

JMGS I 300

MMGS II & III 450

SMGS IV & V 1200

TEGS VI 2100

TEGS VII 2800

TEGSS I 4200

TEGSS II 5600

These calls are in addition to free calls provided by BSNL/MTNL and other service providers.

The officers will now be allowed to carryover of unused calls in a particular month upto the end of each

calendar quarter.

Presently there are many service providers of base telephones and there is no similarity in rates and services

offered by them. To bring uniformity in call charges, when service providers are different, it has been decided

that for reimbursement purpose to officers, MTNL/BSNL rates may be treated as base rates.

Within the total entitlement of telephone reimbursement (plus rental and taxes) as mentioned above, the

internet/broadband charges may be included.

CHAPTER 8: REIMBURSEMENT OF ENTERTAINMENT EXPENSES

Officers in the Bank, depending upon their Grades/Scales and positions, are being reimbursed with entertainment

expenses incurred on entertaining customers upto the prescribed ceilings. Further, they are also reimbursed

expenses incurred on tea, coffee, cold-drink, snacks etc., upto the ceiling as per scheme.

The ceilings of reimbursement are as under:

(A) ENTERTAINMENT EXPENSES

(i) TEGSS II/DMDs

Category of officers Amount p.a. (Rs.)

TEGSS II 38,000/-

(ii) Officials having budgetary assignments, irrespective of their positions :

Category of officers Amount p.a. (Rs.)

TEGSS I 37,000/-

TEGS VII 35,500/-

TEGS VI 34,600/-

SMGS V 21,900/-

SMGS IV 19,300/-

MMGS III 15,800/-

MMGS II 13,150/-

JMGS I 11,050/-

(iii) Officers of all scales in Operational assignments like, Field Officers, Accountants, Cash Officers,

Lead Bank Officers, District Co-Ordinators, Credit Officer (Rural CPC), Inspection Officer (Rural

CPC), Customer Support Officer (Support Officer to RM-ME), Relationship Manager (Personal

Banking Branches-New business dept. Outfit), Sr. Marketing Executives (HLST), Team Leader

(MPST), City Case Officer (SARB), CPC Team Leaders, Credit Analyst, COO in MCG/CAG and at

other DGM headed branches, Case Lead Officers, Recovery & Rehabilitation officers at SAMBs,

Customer Relation Officer (in redesigned branches), Relationship Manager (NRI), other similar

BPR Role Holders etc.,

Category of officers Amount p.a. (Rs.)

SMGS V 20,250/-

SMGS IV 17,850/-

MMGS III 14,600/-

MMGS II 12,250/-

JMGS I 10,150/-

(iv) Other officers i.e. other than those mentioned above in (ii) & (iii) above:

Category of officers Amount p.a. (Rs.)

TEGSS I 36,400/-

TEGS VII 24,500/-

TEGS VI 19,600/-

SMGS V 9,750/-

SMGS IV 8,400/-

MMGS III 7,050/-

MMGS II 6,750/-

JMGS I (confirmed) 5,350/-

(B) REIMBURSEMENT OF EXPENSES INCURRED ON TEA/COFFEE/COLD DRINK/SNACKS ETC.

(i) It has also been decided to reimburse expenses incurred on tea, coffee, cold drinks, snacks etc. as

under:

Grade of officers Managers of Divisions at branches, Lead Bank Officers, District Co-ordinators, Rural Development Managers and Relationship Managers (Rs.p.a.)

Branch Managers (Rs.p.a.)

TEGS VI NA 4,550/-

SMGS V 3,500/- 4,000/-

SMGS IV 3,000/- 3,500/-

MMGS III 2,500/- 3,000/-

MMGS II 2,000/- 2,500/-

JMGS I 1,500/- 1,600/-

(ii) The discretion provided to CGMs of Circles, CGMs of MCG, RABG, SAMG, MCG and CAG to permit

reimbursement of expenses incurred on tea, coffee, snacks, cold drinks etc. by officials in BPR

initiatives etc. is Rs.4,000/- pa.

(iii) Further, the ceilings to incur expenditure for the purpose for officers in JMGS I to TEGS VII at

Corporate Centre, LHOs, AUs and other establishments is as under:

Grade Amount p.a. (Rs.)

TEGS VII 6,000/-

TEGS VI 4,500/-

SMGS V 3,700/-

SMGS IV 3,000/-

MMGS III 2,400/-

MMGS II 1,800/-

JMGS I 1,200/-

Overall annual eligibility of an officer will be considered pro-rata based on their period of assignments

other than officers retiring on superannuation where ceiling for the whole year will be payable

irrespective of date of retirement.

(CDO/P&HRD-PM/25/2009-10 dt.29.06.2009)

CHAPTER 9: OTHER BENEFITS

9.1 SUPPLY OF BRIEF CASE

Brief case will be supplied once in 3 years to such officers, who are required to carry official papers on a regular

basis within the following monetary ceilings:

Grade Amount in Rs.

JMGS I 1800/-

MMGS II& III 2300/-

SMGS IV & V 3000/-

TEGS VI & VII 3500/-

TEGSS I & II 5000/-

(CDO/P&HRD-PM/33/2008-09 dt.15.07.2008)

9.2 SILVER JUBILEE AWARD All officers who have completed 25 years of service in the Bank are eligible for Silver Jubilee Award of Rs.5,000/-.

The honour should be bestowed on the officer, provided no penalty/punishment (other than censure/warning) has been imposed on him/her during the immediately preceding three years. If the rigour of penalty is in operation, the Award could be released after the debarment period is over.

The leave record of the officer should be non-assailable in the sense that all leave availed by him/her should be duly sanctioned by the authorities concerned.

The Award may be presented in the form of a gold coin of an intrinsic value of Rs.5000/- or in the form of gift voucher(s) worth Rs.5000/- of some prominent store with a wide range of gift items or in the form of a gift card worth Rs.5000/-. The choice may be left to the officer. The Award should, however, not be given in cash.

As far as possible, the Award should be bestowed on the day the officer completes 25 years of service and in no case should there be a delay beyond one month. The onus for ensuring that the Award is presented to the officer within one month of his completing the 25 years of service lies on the employer.

The Departmental Head/ Branch Manager should take initiative and under no circumstances the officer should be asked to apply, make a claim or purchase and produce receipts/quotations.

(CDO/P&HRD-LANDD/10/2007-08 dt.23.05.2007) & (CDO/P&HRD-LANDD/12/2007-08 dt.07.06.2007)

CHAPTER 10: REIMBURSEMENT OF MEDICAL EXPENSES INCURRED

For Self 100% actual, subject to the ceilings of the maximum amount specified for a particular treatment, consultations etc. The rates for reimbursement of medical expenses are revised from time to time

For Family 75% of the actual expenses incurred (Family includes wife, spouse, dependent parents, children).

(i) In case of diseases other than specified serious diseases the additional reimbursement shall be reimbursed at the following rates: Expenses incurred upto Rs. 1 lac : 75% Expenses incurred over Rs. 1 lac : 95%

(ii) In case of serious diseases: Expenses incurred upto Rs. 50,000/- : 75% Expenses incurred over Rs. 50,000/- : 85% And upto Rs. 1 lac Expenses incurred above Rs. 1 lac: 95%

(CDO/PM/CIR/39 dt.27.06.2002)

Reimbursement of expenses for treatment of Psychiatric disorder in respect of their eligible family

members which will be, however, subject to the condition that the expenses in respect of domiciliary

treatment shall be for the period stated in prescription; if no period is stated, the prescription for the

purpose of reimbursement shall be valid for a period not exceeding 90 days.

Ambulance charges or taxi/auto rickshaw charges, where the facility of ambulance is not

established/available for removing the officer or his family member(s) from residence to the

hospital/nursing home or from one hospital to another hospital or from hospital/nursing home to

residence on discharge may be reimbursed. The officer may also be reimbursed with such charges for

shifting himself/patient for hospitalization purposes from the place of posting to another centre provided

the treatment is not available at the place of duty and it is a case of life emergency with a view to save life

of the officer/patient.

(CDO/PM/16/CIR/49 dt.23.07.2002)

10.1 ADVANCE/PAYMENT AGAINST MEDICAL EXPENSES (Hospitalization)

The power to sanction Advance and payment of medical bills are delegated as under:

Upto Rs. 1 lac Chief Manager (Admin)

Upto Rs. 3 lacs Assistant General Manager (Admin)

Above Rs. 3 lacs General Manager of the Network

(CirDO/HR/49/2008-09 dt.10.07.2008)

10.2 STANDARDISATION OF MEDICAL CHARGES (w.e.f.15.07.2009) (Circular Letter No. CirDO/HR/61/2009-10 dt.28.07.2009)

The schedule of revised standardized charges applicable for Hyderabad Centre are furnished in Annexure-I and those applicable to Tirupati, Vijayawada & Visakhapatnam Administrative Units are furnished in Annexure-II of the above Circular.

All surgeries have been divided into 5 categories (Minor, Intermediate, Major, Major Plus & Supra Major) and the rates for them have been standardized considering that the operations have been performed at Hyderabad and the 3 Administrative Units viz., Tirupati, Vijayawada & Visakhapatnam centres. The charges for routine dispensation of medicines and routine pathological and radiological examinations are, however, not standardized.

Dental Treatment: As per SBIOSR 1992, dental treatment, other than treatment for some diseases with the prior approval of the authorised doctors, is excluded from the scope of medical aid for officers. Please note that the cost of partial/full denture(s) is not reimbursable. The standardized rates for dental treatment given in Annexure-I&II of the above Circular, have to be seen in this light. However, as hitherto,

before undertaking any of the speciality dental treatments, prior submission of the estimate of charges from the Dental consultant and approval thereof is absolutely essential.

10.3 EXECUTIVE HEALTH CHECK UP SCHEME

Officers in MMGS III and above have the facility of undergoing medical check up once in a year.

Under the scheme, officers are permitted to undergo health check up at the place/centre convenient to

them even if such centre is located outside the jurisdiction of his controlling A.U./LHO. However, no

special leave and also no travelling expenses shall be sanctioned to the officers.

Ceiling on charges is Rs.3500/- and Rs.3700/- for male and female officers respectively at Major ‘A’ class

centres. For other centres the charges may be fixed within the stipulated amount by suitable negotiating

with the hospital/diagnostic centres. If the package of tests is available at a lower cost than the above

ceiling, it should be fixed accordingly.

If the Bank’s Medical Officer/Consultant considers the necessity for any additional test during the health

check up as a follow up of the reports, the same may be carried and paid by the Bank as part of the

Executive Health Check-up scheme.

In an effort to enhance the utilization of the facility under the scheme more and more hospitals may be

identified with the active involvement of Medical Officers at centres other than LHO/AU centre.

(CDO/P&HRD-PM/69/2004-05 dt.16.03.2005)

10.4 DEFINITION OF FAMILY

For the purpose of medical facilities and for the purpose of leave fare concession, the expression ‘family’ of an officer shall mean an officer’s spouse, wholly dependent unmarried children ( including step children and legally adopted children), physically challenged brother/sister with 40% or more disability, as also parents ordinarily residing with and wholly dependent on the officer.

The term wholly dependent child/parent, wholly dependent physically challenged brother/sister shall mean such member of the family having a monthly income not exceedingRs.3500/- per month. If the income of one of the parents exceeds Rs.3500/-p.m. or the aggregate income of both the parents exceeds Rs.3500/- p.m., both the parents shall not be considered as wholly dependent on the officer.

The facility of Medical aid /LFC may be allowed in case of a married daughter of the employee/officer only

in exceptional circumstances, such as where she has been divorced, abandoned or separated from her

husband and is residing with and is wholly dependent on the employee/officer.

CHAPTER – 11: STAFF ADVANCES/LOANS

11.1 CAR LOAN SCHEME

All confirmed officers of the Bank are eligible for Car Loan as per details given below:

Maximum quantum of loan (Rs. in lacs)

Officers in JMGS I to TEGSS-II

Managing Directors Chairman

7.00 lacs 10.00 lacs 15.00 lacs

Rate of interest 7% p.a. (Simple)

Margin 10%

Repayment 180 months (P:I=2.75:1). Principal to be recovered in 132 monthly instalments and interest in 48 subsequent monthly instalments. The repayment shall commence from the month following the month in which disbursement of loan is made.

An officer may avail loan for both a 2-wheeler and a car, but the aggregate of both limits sanctioned

should be within the loan limit fixed for a car.

Officers are allowed to raise car loan for replacement of the vehicle five years after the date of raising the

first loan, whether for new or used vehicle, after liquidating the first loan along with interest in full.

The interest rate mentioned above is effective for all new car loans and also to the existing loans under

staff schemes w.e.f.01.02.2008.

(CDO/P&HRD-IR/66/2007-08 dt.06.02.2008)

(CDO/P&HRD-IR/53/2008-09 dt.02.09.2008)

11.2 LOAN FOR REPAIR OF CAR OWNED BY OFFICERS

Officers who own a car purchased with or without Bank’s finance may be sanctioned loans for carrying out major

repairs to their cars once in every 5 years as per details given below:

Amount 80% of the cost of repair or Rs.10,000/ -, whichever is less

Rate of Interest 8.5% p.a. (simple) w.e.f. 1.4.2000

Repayment 36 monthly instalments

Periodicity Once in 5 years. Second loan can be taken after 5 years of the first loan.

11.3 VEHICLE LOAN FOR 2-WHEELERS

All confirmed officers (excluding Pos during probation) are eligible for loan for purchase of 2-wheelers as per the

details given below:

Type of vehicle Maximum Quantum of Loan Margin Rate of Interest

Scooter/Motor Cycle Rs.60,000/- 10% 7%p.a. (Simple)

Repayment Maximum 84 instalments in the ratio of 5:1 (Principal in 70 monthly instalments and interest in 14 monthly instalments.

(CDO/P&HRD-IR/2007-08 dt.27.03.2008)

11.4 FESTIVAL ADVANCE

All officers (including Pos and TOs) are eligible to avail festival advance to celebrate the festival of their choice,

once in a calendar year equal to one month gross salary. The gross salary means all the emoluments payable for

leave encashment while availing LFC/HTC by an officer for the month during which festival advance is availed.

However, the maximum eligible amount of festival advance may be kept up to completed thousands of rupees for

accounting excellence. To illustrate, if an officer is drawing a gross salary of Rs.34,685/- he will be eligible for

festival advance of Rs.34,000/-. (CDO/P&HRD-IR/77/2008-09 dt. 21.11.2008)

11.5 COMPUTER LOAN SCHEME

Computer Loan Scheme has been introduced to enable all categories of employees of the Bank to purchase a

Personal Computer or a Laptop for use at home by them and their family members, the details of which are as

follows:

Eligibility All permanent employees with 2 years of service including probation period

Type of facility Demand Loan

Amount of Loan Upto a maximum of Rs.40,000/-

Repayment (i) In 36 to 60 equated monthly instalments (EMIs) beginning from the month subsequent to disbursement of the loan by way of deduction from salary.

(ii) The employee will have the option to choose the number of EMIs within the range of 36 to 60 months.

(iii) For employees retiring in less than 36 months, the number/amount of EMIs should be suitably adjusted so as to ensure liquidation of the entire loan outstanding before the employee retires.

(iv) In case of cessation of service, the outstanding loan will be recovered from the terminal benefits.

Security Personal security

Rate of Interest @ 5% p.a. (compounded monthly)

Deduction Total deductions, including the EMI of this loan, should not exceed 60% of gross salary.

Documentation DP Note and DP delivery letter

Sanctioning Authority Branch Manager/Head of the Department

Margin NIL

Any useful computer peripherals like UPS, printer, modem etc. may also be financed within the overall

permissible limit of Rs.40,000/-.

Employees intending to purchase a PC/Laptop with higher configuration may contribute the extra costs

over Rs.40,000/- out of their own resources, but payment for the entire cost will be made by the Bank

direct to the vendor.

Second loan for replacement of the PC/Laptop will be available five years after disbursement of the first

loan and on liquidation of the first loan. (CDO/P&HRD-IR/39/2007-08 dt.10.10.2007)

11.6 PERSONAL LOAN SCHEME

Officers who have completed a minimum of 3 years service are eligible for personal loan for specified purposes

which are not speculative in nature. The details are as follows:

JMGS I to SMGS V TEGS VI & VII

TEGSS I & II

MDs Chairman

Length of service in years ( only confirmed permanent officers who are members of Bank’s PF

= or > 3 but < 5

= or > 5 but < 10

= or > 10

= or > 10 = or > 10 = or > 10

= or > 10

Quantum of Loan (Rs. in lacs) 1.50 4.00 7.00 9.00 12.00 15.00 20.00

Rate of Interest (i) 8% p.a. (monthly compounded) for overdraft component and/or

(ii) 8% p.a. (simple) for the Demand Loan component under fixed repayment

An option is given to the officers to avail personal loan as a combination of Overdraft (OD) and Demand

Loan (DL) subject to a maximum of 50% of the Personal Loan Limit as Demand Loan under fixed

repayment programme.

The Demand Loan shall be recovered in monthly instalments spread over 84 months in the ratio of 5:1 i.e.

70 monthly instalments for principal and 14 monthly instalments for interest, commencing from the

month following the month in which disbursement of DL is made. After liquidation of Demand Loan, the

officer can again avail the facility as per his/her eligibility. However, an employee will not be allowed to

have more than two demand loan accounts at any given time. In case of Overdraft, the interest applied

monthly will be recovered from the salary every month at present.

Extension of EM of the house charged under H/L to personal loan is not required.

For calculating the unencumbered balance in PF account for noting lien on account of Personal Loan, lien

to the extent of Housing Loan may not be reckoned as housing loans are primarily secured by way of EM

of the house.

Both the Consumer Loan schemes have lost their relevance, due to low limits and, therefore, withdrawn.

Those officers who do not want enhancement in Personal Loan limit may, however, be allowed to

continue with the existing Consumer Loan A/C. But new consumer loan accounts will not be opened.

Total deductions should not exceed 60% of the gross monthly salary.

(CDO/P&HRD-IR/65/2007-08 dt.06.02.2008)

11.7 INDIVIDUAL HOUSING LOAN SCHEME (IHL)

Officers who have completed 5 years of uninterrupted service in the Bank are eligible for housing loans for the

purpose of acquisition/construction of flat/house at concessional rate of interest on the following terms and

conditions:

Sub Staff Clerical Staff Supervising Staff

Maximum quantum of loan (Rs. In lacs)

90% of the cost of the project or Rs.8.00 lacs whichever is lower

90% of the cost of the project or Rs.12.00 lacs whichever is lower

90% of the cost of the project or Rs.20.00 lacs whichever is lower

Rate of interest 6% p.a. (Simple). For loans sanctioned prior to 05.02.2008, interest @ 5% p.a. (simple) will continue to be charged for the initial principal loan amount outstanding upto Rs. 1.10 lacs, till full and final settlement of such loan.

Margin 10% of project cost

Repayment 240 months commencing 24 months from the date of disbursement of first instalment or 6 months after completion of project whichever is earlier. In case of ready built house/flat/tenement recovery will commence from the month following the month in which the advance is taken. (Principal in 168 equal monthly instalments and interest in 72 equal monthly instalments in the ratio of P:I=7:3). For loans sanctioned prior to 05.02.2008, the original repayment schedule (i.e. 180 instalments for principal and 60 instalments for the interest) will continue.

Primary security EM of house/flat

Collateral Lien on PF will be noted

Eligibility Criteria 5 years uninterrupted service in the Bank. Total deductions along with the proposed deduction should not exceed 60% of gross salary.

(CDO/P&HRD-IR/64/2007-08 DT.05.02.2008)

11.7.1 ADDITIONAL HOUSING LOAN FOR PURCHASING A BIGGER HOUSE OR REAPAIRS etc., TO THE EXISTING

HOUSE UNDER IHL SCHEME

Additional Housing Loan under the Individual Housing Loan Scheme (IHL) for staff is available for purchasing a

bigger house or for repair, renovation or alterations to the existing house is available after 5 years @6% p.a.

(simple) rate of interest, within the overall ceiling for staff under the IHL scheme on the following terms and

conditions:

The process of sale of old house and purchase of new/bigger house has to be completed within 9 months.

GM (Network) and CGM of the Circle are authorised to condone delay upto a maximum of 24 and 36

months respectively on merits of each case. In exceptionally genuine cases, the DMD&CDO may condone

delay upto a maximum of 60 months.

Repayment of additional housing loan will be fixed (P:I=7:3) over the residual tenure so as to ensure that

its liquidation coincides with liquidation of the main IHL.

(CDO/P&HRD-IR/64/2007-08 DT.05.02.2008)

11.7.2 2nd ADDITIONAL HOUSING LOAN

2nd Additional Housing Loan under IHL scheme for staff for repair/renovation/alteration and to carry out additional

construction in their existing houses may be allowed subject to fulfilment of the following among others:

The amount of loan in such cases will be limited to the amount of difference between the loans (original

housing loan + additional housing loan) already availed under IHL scheme and present entitlement or 90%

of the project cost whichever is low.

The facility of 2nd additional housing loan will be available only once during the service and 5 years after

availing the first additional housing loan.

This additional housing loan facility is governed by the terms and conditions of the existing IHL scheme.

Where additional construction is involved in the existing house, it should be bigger by at least 120 sqft

and should have at least one more room than the existing house/flat. However, this condition will not be

applicable in case of repair/renovation/alteration etc. The copy of permission obtained for additional

construction from the appropriate authority should be submitted along with the proposal. The plan and

estimate for repair/renovation/alteration/additional construction should be prepared/certified by the

Architect/competent authority as in case of a fresh loan.

(CirDO/HR/172/2008-09 dt.11.02.2009)

11.7.2 HOUSING LOAN FOR ACQUIRING A SECOND HOUSE UNDER IHL

Staff who had acquired a house by raising loan under IHLS or a new/bigger house by raising additional loan under

IHLS and have acquired or propose to acquire a second house, are also allowed to avail the difference between

maximum revised entitlement for their category and the limit of initial housing loan and/or additional housing

loans for repairs/renovation/alteration/bigger house already availed under IHLS, to acquire a second house or to

repay the borrowing on commercial rate either from the Bank or another bank/financial institution incurred to

acquire a second house. All employees, therefore, are permitted to acquire upto maximum of two houses/flats

within their overall entitlement for loan under IHLS during entire service in the Bank. The amount of loan under

IHLS to acquire the second house is restricted to the lower of the following:

a) Entitlement as per revised IHLS, as reduced by original loan and/or additional HL under IHLS if availed earlier, irrespective of whether the earlier house is sold or not.

OR b) Amount outstanding, as on date of application, in the housing loan raised on commercial terms and

conditions either from SBI or from other banks to acquire the second house.

(CDO/P&HRD-IR/32/2008-09 dt.25.06.2008)

11.7.3 HOUSING LOAN ON COMMERCIAL RATE OF INTEREST

Staff will continue to be eligible for additional housing loan on commercial rate of interest under public house loan

scheme to meet their additional requirements, in case the amount permissible under IHLS is not sufficient to

complete the project or not eligible under IHLS for any reason. Interest on such housing loan raised by the staff will

be charged at 4.75% below SBAR and will be notified by the Bank from time to time.

(CDO/P&HRD-IR/64/2007-08 DT.05.02.2008)

The rate of interest at present on such loans is as under:

Sl.No. Sanctioned limit (existing and new loans)

Quoted rate linked to SBAR Effective Rate (w.e.f. 17.08.2010)

i. Limit upto and including Rs.30 lacs

4.75% below SBAR i.e. 7.5% p.a. 7.50% p.a.

ii. Limit above Rs.30 lacs 4.25% below SBAR i.e. 8% p.a. 8.00% p.a.

(CDO/P&HRD-IR/30/2010-11 dt.23.08.2010)

11.7.4 CONVERSION OF HOUSING LOAN ON COMMERCIAL TERMS TO IHL SCHEME

The employees who were sanctioned or who had availed of the housing loans/additional housing loan under IHLS,

in the past, without any cut off date will be permitted enhancement in housing loan up to their entitlement under

IHLS i.e., maximum of Rs. 20 lacs, Rs. 12 lacs or Rs. 8 lacs, as the case may be, either to complete the housing

project where it has not been completed or where completed, to repay high cost outstanding debts already raised

by them from approved outside sources or housing loan on commercial rates from the Bank/other Banks/Financial

Institutions provided the following stipulations are complied with.

Initial project cost as submitted at the time of sanction of loan remains unchanged, unless the employee proposes to undertake additional construction as per the sanctioned plan from the competent authority and submits revised estimates duly certified by the Architect.

The loans from outside sources (verifiable institutional sources) should have been raised by the employee at the time of construction/purchase of house / flat to meet the part cost of the housing project as initially advised to the Bank in the housing loan application for sanction of the original housing loan or additional housing loan for additional construction or purchase /construction of a new / bigger house / flat after disposing of old/existing house/flat. In case the house /flat is owned jointly by the employee and the spouse, and the employee raised a loan on commercial rate in the name of the spouse because of the earlier ceiling on commercial housing loan at 60% of loan under IHLS and such loan to spouse is shown in housing loan application of the employee as a source to meet cost of the project, the employee will be entitled to repay outstanding balance under such borrowing out of his revised entitlement.

The outside loans should have been raised for housing purpose from approved and verifiable institutional sources like LIC, HDFC, Staff Co-operative Societies, scheduled commercial banks and any other Govt./Semi-Govt. housing finance institution etc. and / or Bank’s housing loan at commercial rate of interest and should have been indicated as such in the housing loan application submitted to the Bank. Loans raised from non-approved or non-verifiable sources like friends/relatives and other private sources etc., however, will not qualify for this facility. Also any loan availed of from approved sources not advised in the original loan application or raised subsequent to completion of construction/purchase of the house / flat with the Bank’s loan will not qualify for the facility.

The eligibility /quantum of loan will be determined subject to repayment capacity of the employee. The aggregate monthly deductions including instalments towards repayment of all existing/proposed loan, should not exceed 60% of the gross monthly emoluments / income.

The eligible amount towards liquidating / reducing the loans raised by the employee should be directly released to the financial institution/bank/staff cooperative society etc.

The entire loan outstanding including the enhanced loan amount with interest, should be repaid within a period of maximum 240 months from the date of commencement of original repayment of housing loan or before the employee reaches the age of 75 years whichever is earlier by suitably modifying the monthly instalments. However, the facility of repayment after retirement will not be available to employees / officers who joined the Bank on or after 01.01.1991, loan taken by them will be required to be liquidated before they retire from Bank’s service.

The amount of enhanced housing loan will be to the extent of the outstanding amount of the eligible outside commercial borrowing availed for housing purpose, subject to the ceiling of the revised limit as applicable to each category of the employee. The total quantum of loan already availed of and the additional loan to be sanctioned to repay the outstanding outside debt should not exceed the respective ceiling for different categories of employees.

All the other terms and conditions for sanction of the housing loan/additional housing loan under IHLS should be complied with meticulously, except for the relaxations provided hereunder.

Employees who were otherwise eligible for housing loan under IHLS to acquire a house / flat or additional housing

loan under IHLS for purchase of a new/bigger house by selling the old house, but acquired the house/flat by raising

the commercial housing loan from the Bank or from other bank/institution instead of raising housing loan or

additional loan under IHLS, shall also be eligible to avail loan under revised IHLS upto their entitlement to repay

such commercial loans on the above terms and conditions. In case of additional housing loan for purchase of new

house, the maximum amount of additional loan permissible under revised IHLS will be either (i) the difference

between the present maximum loan entitlement of the employee and amount of original housing loan sanctioned

in initially including additional loan, if any, granted before the completion of the project / subsequently for

renovation/repairs /alteration; OR (ii) excess of purchase price over the sale price, whichever is lower. The

employee will have to produce to the satisfaction of the sanctioning authority documentary evidence like copies of

agreement to sell/sale deed / conveyed to arrive at the eligible loan amount under IHLS. The employee shall also

submit, along with the loan application form, a suitable signed declaration giving chronological details of such

loans availed earlier. The following stipulations applicable in case of additional hosing loan under IHLS for purchase

of new house / flat by selling the old house / flat are waived as a one-time measure for the existing employees:

Prior approval of the Bank to sell/buy provided the old loan was liquidated out of sale proceeds of the old house.

The stipulation of a lapse of minimum period of 7/5 years for availing additional loan after availing the first loan.

The stipulation that both the transactions of sale/purchase of old/new house should be completed within the specified period (maximum 24/60 months).

The waiver of these three stipulations is made available to the employees who have already completed the

transactions of sale/purchase and also to those employees who propose to acquire a new/bigger house, but the

facility of loan must be availed on or before 31.03.2009 in both the cases. In other words, above mentioned

stipulations will be operative after 31.03.2009 and this date will not be extended in any circumstances.

(CDO/P&HRD-IR/32/2008-09 dt.25.06.2008)

In order to avoid loss of sizeable amount due to interest charged at higher rates for housing loans availed on

commercial rate, it has been decided to extend the benefit of lower interest rate from the date of receipt of

completed application for conversion of housing loan availed on commercial terms to IHLS and calculate the

interest manually and refund the excess amount of interest accordingly after the conversion is sanctioned.

(CirDO/HR/54/2009-10 dt.10.07.2009)

11.7.5 LOAN IN CASES WHERE BOTH HUSBAND AND WIFE ARE WORKING

If both husband and wife are working in the Bank, as they have separate incomes and have higher repayment

capacity, they should be allowed one joint loan under IHLS upto their combined entitlement for one or two loans

separately as per their individual entitlements. On the same lines, if one spouse is working with any other

bank/financial institution/corporate etc. or Central/State department/their undertakings etc., both the husband

and the wife will be eligible to raise concessionary housing loans as per their individual entitlement from their

respective employers. (CDO/P&HRD-IR/32/2008-09 dt.25.06.2008)

11.7.6 LOAN FOR REPAIR/RENOVATION/ALTERATION OF THE HOUSE/FLAT

ACQUIRED WITHOUT BANK’S FINANCE

In cases where extension/alteration/renovation of the house/flat or apartment inherited or acquired by the

employee from own resources is involved, the admissible amount of housing loan under IHLS is 50 times the Basic

Pay or Rs.10 lacs, whichever is less. All the terms and conditions for grant of housing loan under IHLS including

creation a mortgage, margin, 60% of deduction clause, repayment terms etc. shall be applicable in such cases.

(CDO/P&HRD-IR/32/2008-09 dt.25.06.2008)

11.7.7 CEILING OF 60% FOR MAX.DEDUCTION FROM TOTAL EMOLUMENTS

While the stipulation that maximum deductions should not exceed 60% of gross emoluments is retained, it has

been decided to make the following changes for the purpose of calculation of 60% deductions:

Any regular income from other sources like interest on deposits, dividend income, income or rental

income from existing house as declared by the employee in the last Income Tax Return may also be added

to the gross monthly emoluments of the employee to calculate the percentage of deductions. A copy of

the latest acknowledged copy of Income Tax Return evidencing such income should be kept along with

the loan documents. To elaborate, monthly average of such declared annual income from other sources

(divided by 12) may be added to monthly emoluments to arrive at gross monthly income and percentage

of deductions be worked out thereafter.

The total monthly deductions should not exceed 60% of the gross monthly income of the employee as

calculated above. The above method of calculation of 60% deductions is applicable only to housing loans

under IHLS. For all loans other than housing loan under IHLS, calculation of 60% deductions will be as per

extant instructions.

(CDO/P&HRD-IR/32/2008-09 dt.25.06.2008)

11.7.8 IHLS-ALLOCATION OF FUNDS

It has been decided by the Corporate Centre to do away with the exercise of allocation of funds for sanctioning of

housing loans under IHLS and there will not be any fund allocation for the purpose.

(CirDO/HR/24/2009-10 dt.16.05.2009)

11.7.9 REPAYMENT AFTER RETIREMENT

In case of employees above 50 years of age availing housing loan, the repayment of the loan can be permitted by

the sanctioning authority until an employee attains the age of 75 years, subject to the following conditions:

The total repayment period of the loan including principal and interest does not exceed 240 months as

provided in the scheme.

Instalments towards principal or interest should not be more than 60% of notional pension and DA

thereon. Where necessary, the repayment schedule should be readjusted to satisfy the conditions. A

letter of authority for deducting the loan instalments from pension should be taken.

(CirDO/HR/95/2008-09 dt.15.09.2008)

11.7.10 SANCTION OF HOUSING LOAN UNDER IHLS AFTER ATTAINING 55 YEARS OF AGE

It has been decided to do away with the stipulation of maximum age of the employee (55 years) to enable them to

avail the benefit of revised housing loan scheme before their retirement, subject to the following conditions:

The employee should be able to acquire/complete construction of the house well before his retirement

from the Bank’s service and repayment should commence when the employee is in Bank’s service.

However a maximum period of 6 months from the date of retirement may be allowed for commencing of

repayment in deserving cases by the sanctioning authority in case of delay in completion of the project.

Normally, an employee is required to repay all his debts to the Bank at the time of retirement. However,

with a view to facilitate repayment after retirement, the sanctioning authority of housing loan may permit

an employee to continue the repayment after retirement upto 75 years of age subject to maximum

tenure of loan being 20 years. In such cases, the borrower employee should be specifically advised that

the repayment schedule will be reviewed at the specific request of the employee at the time of his

retirement commensurate with his monthly income vis-a-vis repayment obligation towards the housing

loan(s). As the pension is paid to our employee primarily for subsistence, it will be stipulated that total

amount of monthly housing loan instalment(s) inclusive of existing instalment towards existing housing

loan already availed under Cooperative Housing/Individual Housing Loan Scheme, if any, should not

exceed 60% of the employee’s pension and D.A. thereon plus 1/12th of other regular income such as

rental income/interest/dividend income declared in the previous year’s IT return. In cases, where

repayment burden exceeds 60% of the employee’s monthly income as calculated above, the sanctioning

authority may stipulate that employee should collaterally secure the loan by depositing an appropriate

amount out of his terminal dues with the Bank in term deposits, at the highest rate of interest available at

the time of making such deposits, so that the monthly interest on TDR is adequate to take care of the loan

instalment exceeding the aforesaid 60% portion of the monthly income. Alternatively, the employee may

clear a portion of loan from his terminal dues to conform to the aforesaid stipulation. A suitable

irrevocable letter of undertaking agreeing to the revised repayment schedule should be obtained from the

employee and retained with the loan documents. The above guidelines/provisions will also apply to cases

where the employees apply for housing loan for enlarging the existing house including construction of

additional floor(s) in the same house or acquiring a bigger accommodation under Additional Housing Loan

Scheme.

(CirDO/HR/58/2009-10 dt.21.07.2009)

11.7.11 DELEGATION OF ADMINISTRATIVE /FINANCIAL POWERS-INDIVIDUAL HOUSING LOAN SCHEME

(CirDO/HR/110/2008-09 dt.21.10.2008)

S.No. Area Authority Structure

I Sanction of housing loan and additional housing loan to officers/employees

If the housing loan is to be availed :

i. Branches headed by DGM ii. Branches headed by AGM iii. Branches upto Scale IV

i. AGM (Accts & Admn) / AGM(COO)

(where the position is not headed by Scale V, the DGM of the Branch may designate another AGM for the purpose)

ii. AGM of the Branch

iii. Respective AGM (Admin)

II. Grant of administrative clearance on the basis of project cost in relation to Bank’s loan

Where the total cost of the housing project exceeds 3.5 times the Banks loan:- GMs of the Network where the loan is to be availed of

Where the total cost of the housing project exceeds 2 times the Bank’s loan but does not exceed 3.5 times – administrative clearance will be given by authorities based on the relative sanctioning authority, as under:-

If the loan sanctioning authority is AGMs at branches of Scale V incumbencies and AGM (Admn) for branches in scale I to IV incumbencies

The Administrative clearance will be given by DGM (NCM) of Network of the Branch from where the loan is to be availed of

AGM (A&A) / AGM (COO) of DGM incumbency branches

DGM of the branches

III Extension in time limit for commencement of repayment of loan where the housing project is not completed within 36 months In case of construction of new house by a Govt. Institution /Semi Govt. agency and 18 months in all other cases.

Extension upto 12 months at a time, ( maximum three such extensions)

Extension beyond 36 months of initial three extensions (12 months x 3 occasions)

For DGM incumbency branches

DGM of the branches

Concerned GM

Other branches (Scale I to V)

Concerned DGM (NCM)

Concerned GM

IV Disposal of existing of existing flat / house: - Grant of administrative clearance

Same authority empowered to sanction the housing loan

V Grant of administrative clearance for disposal of existing flat / house and availment of additional housing loan.

(a) In respect of DGM incumbency branches: DGM of the branch

(b) In all other cases i.e. for Scale I to V incumbency branches :- DGM (NCM)

If the process of sale of the old flat / house and purchase of a new flat / extension to existing

11.8 ADVANCE/WITHDRAWAL/DEMAND LOAN FROM PROVIDENT FUND

PURPOSE – HOUSING

ADVANCE 50% of member’s contribution or 3 months’ salary, whichever is lower

Eligibility Criteria Total deductions of all unsecured advances along with the proposed deduction should not exceed 25% of gross salary.

Rate of interest 5% per annum

Repayment 24 months (Principal); 25th month (Interest)

WITHDRAWAL 50% of member’s contribution or shortfall amount, whichever is lower.

Eligibility Criteria To be availed only once in the entire service. In case house is constructed with own/private finance: Eligible only when the member either attains 50 years of age or completes 25 years of service. Declaration of the member as per Rule 21.1 is required. The withdrawal may be availed even for clearing outstanding of loan expressly taken for housing purpose.

DEMAND LOAN Bank’s contribution in full or 6 months’ salary or shortfall/margin,whichever is lower.

Eligibility Criteria Can be availed only after availing withdrawal. Eligible only if IHL is availed. In case house is constructed with own/private finance: not eligible. Either IHL monthly deduction should not have commenced, or 18 months period has not elapsed since the IHL is sanctioned.

house is not completed within 9 months, GM (NW) is authorized to condone delay upto 24 months. Beyond 24 months but upto a maximum of 36 months on merits of each case: Chief General Manager of the Circle. Beyond 36 months but upto a maximum of 60 months in exceptionally genuine cases: Deputy Managing Director & Corporate Development Officer. N.B.: Thus a total period of 5 years may be made available for completing the process of sale and purchase of house.

VII Waiver of the condition that the house / flat to be acquired with additional housing loan should be bigger by 120 sq.ft.

DGM (NCM) / DGM (BRANCH)

Notes: (i) In respect of the employees at all administrative offices, MCG, SAMG, CAG Branches, Colleges, SBLCs, Processing Centres, LCPCs etc. and also the employees on deputation to other institutions (SBI Caps, GOI, IBA etc.), the applications complete in all respects should be forwarded to the Branch where the loan is to be availed of by the respective Head of Department / Establishment/Institution with the required particulars duly certified for sanction by the appropriate authority. The fund angle clearance in such cases will be issued by the loan sanctioning Authority.

Total deductions of all unsecured advances along with the proposed deduction should not exceed 25% of gross salary.

Rate of interest Bank’s OD rate

Repayment 60 equated monthly instalments

If availing for second time

Can be availed for second time also, when the member avails additional housing loan after 5 years for extension/renovation etc.

PURPOSE – SON’S/DAUGHTER’S MARRIAGE

ADVANCE Daughter’s marriage: 50% of member’s contribution or 3 months’ salary, whichever is lower (if age/service criteria is satisfied); 50% of member’s contribution or 6 months’ salary, whichever is lower (if age/service criteria is not satisfied, in which case the member is not eligible for withdrawal) Son’s marriage: 50% of member’s contribution or 3 months’ salary, whichever is lower.

Eligibility Criteria Total deductions of all unsecured advances along with the proposed deduction should not exceed 25% of gross salary.

Rate of interest 5% per annum

Repayment 24 months (Principal); 25th month (Interest)

WITHDRAWAL Daughter’ marriage: 50% of member’s contribution or 10 months’ salary, whichever is lower. Son’s marriage: 50% of member’s contribution or shortfall amount or 6 months’ salary, whichever is lower.

Eligibility Criteria Eligible only when the member either attains 50 years of age or completes 25 years of service.

DEMAND LOAN NOT ELIGIBLE

PURPOSE – HIGHER EDUCATION OF CHILDREN

(Whether in India or abroad – Above High School stage & minimum duration 3 years)

ADVANCE 50% of member’s contribution or 6 months’ salary, whichever is lower.

Eligibility Criteria Total deductions of all unsecured advances along with the proposed deduction should not exceed 25% of gross salary.

Rate of interest 5% per annum

Repayment 24 months (Principal); 25th month (Interest)

WITHDRAWAL 50% of member’s contribution or 3 months’ salary, whichever is lower (Can be availed once in 6 months)

Eligibility Criteria Eligible only when the member either attains 50 years of age or completes 25 years of service.

DEMAND LOAN Not Eligible

PURPOSE-RELIGIOUS FUNCTIONS/DEATH CEREMONIES/TO MEET MEDICAL EXPENSES

ADVANCE 50% of member’s contribution or 3 months’ salary, whichever is lower. (A member can avail two advances)

Eligibility Criteria Total deductions of all unsecured advances along with the proposed deduction should not exceed 25% of gross salary.

Rate of interest 5% per annum

Repayment 24 months (Principal); 25th month (Interest)

WITHDRAWAL Not Eligible

DEMAND LOAN Not eligible

GENERAL

APPLICATION All applications can be downloaded from Hyderabad Circle Website (http://10.206.1.31 – Provident Fund – Download Blank forms) or the same can be obtained from PPF&G Department.

ENCLOSURES Housing : All 1 to 8 Marriage/Higher Education: All 5 to 8 Others: 6 to 8

1) Housing Loan sanction letter 2) First disbursement certificate from the disbursing branch 3) Non-availment declaration by the member 4) Certificate from the disbursing branch (if application is for second demand

loan) stating that the earlier demand loan has been liquidated along with interest

5) Evidence of marriage or higher education 6) Latest Salary Slip 7) Latest PF Statement 8) PF summary statement with full particulars of deductions against

contributions as well as recovery of previous advance(s)

No. of copies & Recommending Authority

Only one copy; To be recommended by the AGM (Admin)

How sanction is conveyed back by PPF&G Department

Sanction letter is sent direct to the branch/office where is the employee is working.

Salary means – Basic + other allowances, which are reckoned for PF

Supervising Staff: Basic + FPP + PQP Award Staff: Basic + Stagnation Increments + Special Pay + FPP + PQP

11.9 WAIVER OF INTEREST ON LOANS OF DECEASED EMPLOYEE (w.e.f.27.01.2009)

It has been decided that interest on loan accounts of a deceased employee may be waived for the period from the

date of death of the employee to date of closure of loan accounts, subject to the following:

There should not be any delay in settlement of terminal benefits for reasons attributable to the

nominee/legal heir concerned.

There should not be any legal dispute among the nominee(s)/counter claim for terminal benefits of the

deceased employee.

Loan accounts in the name of the deceased employee should get liquidated within 3 months from the

date of death of the employee out of his terminal dues or otherwise.

The amount of interest applied on loan accounts from the date of death of the employee till the

liquidation of loan may be reversed manually by debit to interest account which will be authorised by the

Branch Manager.

The provision of such gesture may be advised to the spouse/nominee of the employee in the condolence

letter with a request to submit the required papers in time so as to get the benefit of waiver of interest.

The above provision will be available in respect of housing loan under IHL scheme, conveyance loan, personal loan,

computer loan and relief loan for natural calamities. However, this provision will not be applicable if the housing

loan is allowed to continue for repayment to be made by legal heirs after the death of the employee.

(CDO/P&HRD-IR/99/2008-09 dt.14.02.2009)

CHAPTER-12: STAFF WELFARE ACTIVITIES

12.1 EDUCATIONAL SCHOLARSHIPS

The rates of scholarships applicable to day scholars/children of all categories of employees from the year 2008-09

onwards are as under without any change in the qualifying marks.

Standard Rate (Rs. per annum)

4th to 5th 600

6th, 7th & 8th 1000

9th & 10th 1200

11th & 12th 1500

At Graduate level for ordinary courses viz. B.A., B.Sc., B.Com., LLB and other courses 1600

At Post Graduate level i.e. M.A., M.Com., M.Sc. etc. 2100

Graduate/Post Graduate level for professional courses in Medicine/Engineering/Management studies

2700

Abolition of separate rates for Boarders: There will be no separate rates for Boarders admitted from the

academic session 2009-10 onwards. In other words, the entire new boarder student shall be paid

scholarship at the same rate fixed for day scholars.

Additional sum to disabled children: The amount of additional sum payable to the disabled children is

Rs.200/- per month from the academic year 2008-09.

Payment of scholarship through Trickle field mechanism: Amount of scholarship is now directly credited

to the accounts through trickle field mechanism instead of issuing cheques. Therefore, the scholarship

applications should invariably contain the account number of beneficiaries for credit of scholarship

directly to their accounts.

(CirDO/HR/125/2009-10 dt.16.12.2009)

CHAPTER-13: EXTENSION IN SERVICE & RETIREMENT

13.1 EXTENSION IN SERVICE

Cases of officers will be reviewed for the purpose of granting extension in service or otherwise in the following two

stages:

i) On completion of 30 years of service/pensionable service or on attaining 55 years of age,

whichever occurs first for grant of extension/continuation upto 58 years of age.

ii) On attaining 58 years of age for grant of extension/continuation upto 60 years of age, being the

age of retirement.

Competent Authority for granting extension of service:

Officers in Scale I to III - AGM (Admin) (CirDO/HR/110/2008-09 dt.21.10.2008)

Officers in Scale IV&V -General Manager of the Network concerned.

13.2 RETIREMENT

An officer shall retire from the service of the Bank on attaining the age of fifty eight years or upon the completion

of thirty years’ service or thirty years’ pensionable service whichever occurs first. Provided further that the

competent authority may, at its discretion, extend the period of service of an officer who has attained 58 years of

age or completed 30 years of service/pensionable service upto his attaining the age of 60 years. In such cases

where the extension of service granted by the competent authority, the officer shall retire on the last working day

of the month in which he completes 60 years of age. Provided that the officer whose date of birth is 1st of the

month, he shall retire on the last working day of the preceding month.

13.3 VOLUNTARY RETIREMENT

An officer who has completed 20 years’ service or 20 years’ pensionable service, as the case may be, may be

permitted by the competent authority to retire from the Bank’s service, subject to his giving three months’ notice

in writing or pay in lieu thereof unless this requirement is wholly or partly waived by it.

13.4 PRESENTATION OF MEMENTO ON RETIREMENT

Presentation of a memento, preferably a silver salver/article with suitable inscription/ legend is to be given in a get

together of staff at the time of retirement on superannuation (excluding voluntary retirement or compulsory

retirement etc.). This will be in addition to the memento given on completion of 25 years of service. The monetary

ceilings are as under:

Category of Staff Ceiling on cost of Memento

Subordinate Staff Rs.500/-

Award Staff Rs.750/-

Scale I, II & III officers Rs.1250/-

Scale IV & V officers Rs.2000/-

TEGS VI & VII officers Rs.4000/-

CHAPTER-14: FACILITIES FOR RETIRING/RETIRED MEMBERS OF STAFF

14.1 ENCASHMENT OF LEAVE

Eligible for encashment of leave upto a maximum of 240 days against available leave balance on the date of

retirement. IT exemption is presently available upto Rs.3 lacs.

14.2 PROVIDENT FUND

Eligible for refund of balance in his/her Provident Fund account as on the date of retirement. In case, not paid

immediately on retirement, he/she may be paid overdue interest at the rate applicable to Provident Fund balance,

from the date of submission of application by the officer for payment or the date of retirement whichever is later,

till the date of payment. This provision is not applicable if the delay in settlement of terminal dues is attributable to

the retiree concerned.

14.3 GRATUITY

An employee who is eligible for pension and has put in a minimum of 5 years service is eligible for payment of

gratuity. Gratuity is payable under the Payment of Gratuity Act, 1972. The amount will be payable @ 15 days

wages for each completed year of service on the basis of 26 working days in a month, subject to a ceiling of Rs.

10.00 lakhs to those employees who have retired on or after the 24th May, 2010 (as per Payment of Gratuity

(Amendment) Act, 2010. For the purpose of Gratuity, wages include the following.

i) For Award Staff: Basic Pay + D.A + Personal Allowance + Acting Allowance + Fixed Personal Allowance+

Professional Qualifications Allowances

ii) For Officers: Basic Pay + D.A + FPA + PQA

Formula: Wages x 15 x No. of completed years of service

26

14.3.a SERVICE GRATUITY

For an employee who is not eligible for pension and who has put in a minimum 10 years of service, service gratuity

is payable as per the service rules on retirement, resignation, etc. It will be @ one month’s pay for each completed

year of service subject to a maximum of 15months pay + further additional gratuity @! ½ month’s pay for each

completed year of service beyond 30 years of service. (Pay means basic pay plus PQP and increment component

of FPP).

14.3.b COMPASSIONATE GRATUITY

In the case of a deceased officer, compassionate gratuity is payable to the family / nominee as the case may be, as

follows:

i) No service criteria is stipulated for sanction of this Gratuity

ii) The amount will be payable @ one month pay for each completed year of service subject to a maximum of 15 months pay + additional gratuity @ ½ month’s pay for each completed year of service beyond 30 years + further additional gratuity @ ¼ month’s pay for each completed year of service between 16th and 30th year subject to a minimum of Rs. 10,000/- and a maximum of Rs. 10.00 lakhs ( w.e.f.24.05.2010)

iii) Higher of statutory gratuity / service gratuity will be paid.

14.4 PENSION

Eligible for pension on completion of 60 years of age and should have served at least for 20 years. For Award Staff date of confirmation and for Supervising staff the date of joining and completion of 50 years.

Revised pension effective from 01.11.2007

Pension upto the Basic pay of Rs. 31,500 will be 50% of Basic pay / PQA/FPP

Beyond the Basic pay of Rs. 31,500 it would be 40% of Basic pay plus ½ PQA plus ½ FPP subject to the following minimum pension.

15,750 + ½ PQP + ½ FPP

D.A. will be calculated considering the base of index and for revised pension @.15% of per slab effective from 01.11.2007

Average of last 12 months B.P. received will be considered in respect of all the above.

14.4.a COMMUTATION OF PENSION

Retires on or after 1.11.1986 are eligible for commutation of pension @ upto 1/3rd of their Basic pension.

D.A. will be paid on original Basic pension despite commutation of pension

Request for commutation may be submitted by the retired employees within one year of the date of retirement, without any medical examination. In other cases medical examination is compulsory.

14.4.b FAMILY PENSION SCHEME

Spouse and children of members of staff who die in service or after retirement are eligible for family pension on

the following basis:-

If death occurs after one year of pensionable service but before the completion of 20 years of pensionable service

10 years in case of retirees on superannuation after 1.11.1993).

The family pension is revised w.e.f. 1.5.2005 as under:

(A) Those who died or retired before 1.11.1993

Substantive salary p.m. Rate of family pension p.m.

Rs. 1500.00 and below 30% of the substantive salary subject to minimum of Rs. 375.00 p.m.

Rs. 1501.00 to Rs. 3000.00 20% of the substantive salary subject to minimum of Rs. 450.00 p.m.

Above Rs. 3000.00 15% of the substantive salary to minimum of Rs. 600.00 p.m. and Maximum of Rs. 1250.00 p.m.

(B) In respect of employees retired / died on or after 1.11.1993 but before 1.4.1998

Substantive salary p.m. Rate of family pension p.m.

Rs. 2870.00 and below 30% of the substantive salary subject to minimum of Rs. 720.00 p.m.

Rs. 2871.00 to Rs. 5740.00 20% of the substantive salary subject to minimum of Rs. 860.00 p.m.

Above Rs. 5740.00 15% of the substantive salary to minimum of Rs. 1150.00 p.m. and

Maximum of Rs. 2400.00 p.m.

(C) Those retired / died on or after 1.4.1998

Substantive salary p.m. Rate of family pension p.m.

Rs. 4210.00 and below 30% of the substantive salary subject to minimum of Rs. 1056.00 p.m.

Rs. 4210.00 to Rs. 8420.00 20% of the substantive salary subject to minimum of Rs. 1262.00 p.m.

Above Rs. 8420.00 15% of the substantive salary to minimum of Rs. 1687.00 p.m. and Maximum of Rs. 3521.00 p.m.

(D) Those retired / died on or after 1.11.2002

Substantive salary p.m. Rate of family pension p.m.

Rs. 5760.00 and below 30% of the substantive salary subject to minimum of Rs. 1435.00 p.m.

Rs. 5720.00 to Rs. 11440.00/- 20% of the substantive salary subject to minimum of Rs. 1715.00 p.m.

Above Rs. 11440.00 15% of the substantive salary to minimum of Rs. 2292.00 p.m. and Maximum of Rs. 4784.00 p.m.

NOTE: In the case of part time employees, the minimum and maximum amount of family pension shall be in

proportion to the rate of scale wages drawn by the employee.

i) If death occurs after 1 year of pensionable service:

Family pension at the rates as above.

ii) If death occurs after retirement but before expiry of 5 years:

a) For the balance period till the employee would have completed 5 years after retirement, full pension that the officer was drawing immediately before his death.

b) If the wife has predeceased the pensioner, to children in the order of dates of birth. Son till he attains age of 25years or is gainfully employed. To daughter, till she attains age of 25 years or is gain fully employed or married whichever occurs first.

If an employee expires during his service and has completed minimum one year’s pensionable service or expires after retirement and if he draws pension in such cases, his family is eligible for pension.

If an employee expires during his service and has completed 20 years of pensionable service, his/her family is eligible for full pension for first 5 years considering as if the pensioner would have drawn pension during his life.

If an employee expires after retirement and before completion of 5 years, his / her family is eligible for full pension till completion of 5 years from the date of retirement as if the pensioner would have drawn pension during his life.

14.5 RETIRED EMPLOYEES MEDICAL BENEFIT SCHEME (REMBS)

PROCEDURE FOR AVAILING THE BENEFITS UNDER THE SCHEME:

An employee, retiring after the date of formation of the Trust, and those retired employees in whose case three months have not lapsed after the payment of first pension shall, subject to his/her eligibility, apply for the membership of the scheme on prescribed Membership-cum-Declaration Form, in duplicate, along with the bank draft for contribution of such amount as will entitle the applicant for medical benefits prescribed under the respective plans A,B,C,D opted by him, within three months from the date of receipt of first pension.

Provided that such a retiring employee may also submit the Membership-cum Declaration form along with bank draft for such subscription amount before his retirement but not earlier than 15 days of retirement, at the branch/office from where he is retiring.

The Bank draft shall be drawn in favour of the “SBI Retired Employees Medical Benefit Trust” and payable at the State Bank of India, Madame Cama Road, Mumbai (code No. 8586) or at such other branch of SBI as may be decided by the Board of Trustees.

Cash or Cheque or any other mode of payment will not be accepted.

The Membership cum Declaration form will be required to be submitted at the pension paying branch/designated Administrative Unit (erstwhile Zonal Office).

The officer receiving the Membership cum Declaration Form will forward the same to the concerned designated Administrative Unit for further action in the matter.

The Designated Administrative Unit (Zonal Office) for the purpose of the Trust shall mean the A.U.(ZO) of the Bank under whose area of operation the pension paying branch of the pensioner is situated.

(CirDo/HR/96/2006-07 dt. 25.11.2006)

Members of the scheme may be reimbursed expenses incurred under domiciliary treatment, wherever

applicable, in respect of any disease (i.e. not restricted to 20 specified diseases) subject, however, to the

ceiling not exceeding 10% of the eligible amount under the plan opted by the member/beneficiary with

yearly ceiling of 1/10th of the amount i.e. maximum up to 1% of the limit per annum. Such expenses shall

be reimbursed only on production of medical prescription of a registered medical practitioner having at

least MBBS qualification and supported by valid cash memo of a registered medicine shop.

Two more diseases, Arthritis and Diabetes are added to the existing list of three specified diseases (i.e. Paralysis, Cancer and Kidney Transplant/Kidney failure) for reimbursement of post hospitalization expenses, subject however to the aggregate limit as prescribed for life under the plan opted by the member/beneficiary.

‘Major Accident’ in the list of 20 specified diseases may be renamed as ‘Major Accident/Major Injury’ leading to hospitalization.

(CDO/P&HRD-PM/28/2010-11 dt.18.08.2010)

14.6 SBI EMPLOYEES MUTUAL WELFARE SCHEME

This scheme is managed by a committee consisting of officers/staff Federation representatives. The following

medical facilities are available to the retired employees and their spouse who are the members of the scheme:

Contribution Amount Rs.

90% hospitalization charges & Maximum financial limit (life long) Rs.

Serious/special diseases with or without hospitalization. Max. financial limit (life long) Rs.

General diseases life long as per column C within the financial limit Rs.

A B C D

10 6000 6000 500 per year

20 15000 15000 1000 per year

30 22500 22500 1500 per year

40 30000 30000 2000 per year

Monthly Financial Help

The financial help is available to those employees after their death to their spouse during life time or upto

remarriage.

Contribution Amt Rs. Monthly financial Help Rs. One time financial Help Rs.

10 200 10000

20 250 10000

30 375 15000

40 500 20000

14.7 EMPLOYMENT AFTER RETIREMENT

Such of the retired officers who desire to take up employment elsewhere after retirement, without prejudice to

pension, can do so with the permission of the Competent Authority as per SBI Employees Pension Fund Rules. The

Competent Authority for this purpose has been defined by the Bank.

CHAPTER-15: SUNDRY MATTERS

15.1 GROUP INSURANCE SCHEME FOR EMPLOYEES IN STATE BANK OF INDIA

Bank has obtained a uniform cover of Rs. 2 lakhs for all its employees from SBI Life Insurance Co. Ltd. Only such

permanent employees, including permanent part-time employees and also those employees / Officers deputed to

foreign offices/other organizations inside/outside India and have been allotted PF Index number as on 07.02.2007

shall be covered to the extent of Rs. 2 lacs in case of death but not for suicidal death.

Nomination under the scheme shall be the person nominated by the employee for his PF Account. All claims must

be notified to the company in writing within 3 months of the date of the death of the member along with the

original death certificate. A claim must be made by notice in writing on the lines of the form as per circular.

Primary documents normally required for processing a claim are

1. Original Death Certificate from Municipal / Local Authorities 2. Claim form duly filled in, in original (fax message is not entertained) 3. Certificate from the attending physician along with hospital reports, wherever required 4. Police Panchanama and FIR copy where applicable. 5. All amounts due under the Master Policy are payable in Indian Currency.

Process to be followed in the event of death:

Branch / Office to immediately intimate death of the insured employee by FAX to SBI Life office at the address: SBI

Life Insurance C. Ltd., Claims Department, 2nd Floor, Kapas Bhavan, Plot NO. 3 A, Sector 10, CBD, Belapur, Navi

Mumbai – 400 614. Fax No. 022 – 66456653

b) A simple claim form together with original death certificate will be required to be sent by the branch / office concerned direct to the Claim Department of SBI Life. The claim form will be duly signed by the Branch Manager/Head of the Department.

c) While branches / offices shall intimate death of the insured employee by FAX to SBI Life, claims complete in all respect together with the enclosures as stated above should be routed through the functionaries as per details below who in turn will route the claim through Industrial Relations Department at Corporate Centre, Mumbai.

Staff posted at Functionary

Branches upto Scale V AGM(admin)

Branches headed by DGM DGM branch

Staff posted at LHO DGM & CDO

CAG/MCG/SAMG Branch head not below DGM

State Bank Bhavan GM(OL & CS)

CBD, Belapur GM(AB &R)

CC Establishment Departmental head not below DGM)

15.2 PERMANENT FULL TIME/PART TIME MEDICAL OFFICERS-UNIFORM TERMS AND CONDITIONS OF

SERVICE (UTCS) (CDO/P&HRD-PM/43/2010-11 dt.08.10.2010)

(A) Scale of pay: As from 01.11.2007 the Scale of Pay for Medical Officers will be as under:

(a) Permanent Part time Medical Officer- I (PPMO- I) - Rs.14500 – 600/7 – 18700 – 700/2 – 20100

(b) Permanent Part time Senior Medical Officer- II (PPSMO- II)- Rs.20900 – 800/9 – 28100

(c) Permanent Part time Senior Medical Officer- III (PPSMO- III)-Rs.28900 – 800/1 – 29700 - 900/6 - 35100

(d) Full time Medical Officer: Rs.30600 – 900/4 - 34200 – 1000/2 – 36200

(e) Full time Chief Medical officer: Rs.36200 – 1000/2 – 38200 – 1100/2 – 40400

Fitment shall be stage to stage i.e. on corresponding stages from 1st stage on wards and the increments shall fall

on the anniversary date as usual.

(B) Dearness Allowance: On and from 1.11.2007, Dearness Allowance shall be payable for every rise or fall of 4 points over 2836 points in the quarterly average of the All India Average Working Class Consumer Price Index (General) Base 1960 = 100 at 0.15% of Pay. (C) City Compensatory Allowance: City Compensatory Allowance as payable to supervising staff w.e.f. 1.11.2007 will be applicable to Medical Officers w.e.f. 1.11.2007. (D) Leave Fare Concession: Permanent Part time Medical Officers (PPMO- I) may be permitted to visit along with their family members any place in India by the shortest route once in each block of 4 years by air in the lowest fare economy class in which case the reimbursement will be the actual fare or the fare applicable to AC 1st class fare by train for the distance travelled, whichever is less. The same rule shall apply to a Medical Officer in PPSMOII and PPSMO- III while availing LFC where the distance is less than 1000 kms. Alternatively, an officer, may by exercising an option anytime during a 4 year block, surrender and encash his LTC (other than travel to place of domicile) upon which he shall be entitled to receive an amount equivalent to 75% of the eligible fare for the class of travel by train to which he is entitled upto a distance of 4500 kms. (one way) for officers in PPMO-I, PPSMO- II and PPSMO-III; and 5500 kms (one way) for Full time Medical Officer and Chief Medical Officer. An officer opting to encash his LTC shall prefer the claim for himself / herself and his / her family members, as defined for this purpose, only once during the block term in which such encashment is availed of. The facility of encashment of privilege leave while availing of Leave Fare Concession is also available while encashing the facility of LFC. The date of effect of such changes in LFC will be the date of approval by the ECCB. The other terms and conditions will be same as applicable to the Bank's officer employees. (E) Definition of family for LFC: Family includes Medical Officers wife or husband and eligible children and parents ordinarily residing with him and wholly dependent on him. Children shall mean the legitimate children of the medical officer who ordinarily reside with and are wholly dependent on him/her. Male children above the age of 24 years will not be deemed eligible. Further, earning children having income or parents’ (singly or jointly) income upto Rs 3,500/- p.m. will be deemed dependent on the officer.

(F) Medical facility: Reimbursement of medical expenses is permissible to self and his family. Family includes Medical Officer’s wife or husband and eligible dependent children and parents ordinarily residing with him and wholly dependent on him provided that where the Medical Officer’s spouse is also employed elsewhere and is eligible for reimbursement of medical expenses from that employer, the Medical Officer’s claim will be reduced to the extent of his/her spouse’s entitlement under his/ her employer’s rules. Children shall mean the legitimate children of the Medical Officer who ordinarily reside with and are wholly dependent on him/ her. Male children above the age of 24 years will not be deemed eligible. Further, earning children or parents (singly or jointly) having income upto Rs. 3,500/- p.m. will be deemed dependent on the officer. Reimbursement of family bills of the Medical Officers will be sanctioned by the officer not below the rank of Dy. General Manager. The other terms and conditions of reimbursement will be as per the extant guidelines. The reimbursement of such expenses incurred in respect of his family shall be restricted to 75% of the expenses so incurred. However, in case of Permanent Full time Medical Officers / permanent part time Medical Officers, no reimbursement towards medical expenses on account of domiciliary treatments will be made where the medical officer’s spouse is practicing or undertaking any medical professional consultation. But they will be reimbursed medical bills for hospitalization charges only for their spouse even if the spouse is a medical practitioner.

(G) Consultation and visiting fees:

i) From employees, pensioners of the Bank or their family members : Consultation in the Bank’s dispensary:

No Fees

ii) If an employee of the Bank or his family member consults a Medical Officer with MBBS or similar qualification at

his consulting room or at his private dispensary;

a) Consultation fee, valid for one month for the same complaint: Rs 150/-

b) Subsequent Consultations, where treatment is continued beyond one month (each consultation valid for one

month): Rs 80/-

iii) If an employee of the Bank or his family member consult a Medical Officer with MD/MS or higher

qualification(s), and who is a practising consultant, at his consulting room or private dispensary:

a) Consultation fee, valid for one month for the same complaint: Rs 250/-

b) Subsequent Consultations, where treatment is continued beyond one month (each consultation valid for one

month): Rs120 /-

iv) If an employee of the Bank or his family member consults a Medical Officer with DGO/DCH qualification for

examining lady patient for P.V. examination;

a) Consultation fee, valid for one month for the same complaint: Rs 200/-

b) Subsequent Consultations, where treatment is continued beyond one month (each consultation valid for one

month): Rs 100/-

v) If the Medical Officer visits the residence of the employee during day time;

a) If such residence is in the same building another block or adjacent premises - Rs150 /-

b) In cases other than (a) Rs 200/- if the Medical Officer is MBBS; and Rs 250/- if he has MD/MS or any other higher

qualification.

vi) The actual conveyance charges incurred on taxi or other means of transport will be paid. If he is using his own

vehicle, reimbursement shall be made on the same basis as done to other officers on km. basis while travelling on

official duty; alternatively, the Medical Officer may opt to claim Rs.80/-as consolidated conveyance expenses per

visit along with visiting fee.

vii) If the Medical Officer visits the residence of employee during night, i.e., 7 p.m. - 7 a.m.- Rs 250/-if the medical

officer is MBBS; and Rs 350/- if he has MD/MS or any other higher qualification, plus conveyance charges as stated

in sub-item (vi) above.

viii) Medical Examination Fees at the time of Appointment/ promotion etc.

a) For Subordinate and Clerical Staff: To be borne by the candidates at the time of their appointment in the Bank-

Rs 150/-

b) For Supervising Staff: To be borne by the Bank for promotees from one cadre to another and by the candidates

in case of initial appointment - Rs 300/-

15.3 INCENTIVES TO INSPECTION STAFF

Facility of reimbursement of expenses for purchase of essential items such as woollen garments, suitcase etc (kit

expenses) is available to the staff posted on Bank’s mobile inspection duty. The facility may be availed annually as

long as they continue in the mobile inspection duty as per the ceilings mentioned below with effect from

01.11.2008:

Inspecting Officials Inspecting Assistants

For the 1st year of mobile duty : Rs.6000/- per annum

For the subsequent years : Rs.3000/- per annum

For the 1st year of mobile duty : Rs.3000/- per annum

For the subsequent years : Rs.1500/- per annum

(CDO/P&HRD-PM/73/2008-09 dt.05.11.2008)

15.4 STATEMENT OF ASSETS & LIABILITIES Every officer shall every year submit a return on his a) Movable/Immovable/Valuable property including liquid

assets like shares, securities, debentures and cash including bank deposits inherited by him or similarly owned or

acquired or held by him and b) debts and other liabilities incurred by him directly or indirectly as on 31st March of

that year, to the Bank before 30th June of that year. No loan/advance will be sanctioned, if the statement is not

submitted within the stipulated date. PF index number should be incorporated on all four formats along with other

existing particulars. Assets and Liabilities Statement will be scrutinised by the respective Reporting Authority.

15.5 PERSONAL BANKING : HOME LOANS AND CAR LOANS

PERSONAL ACCIDENT INSURANCE COVER All Home and Car Loan borrowers (including our employees) are covered under a Personal Accident Insurance cover in tie up with New India Assurance Company Ltd., to the extent of the outstanding in loan account including interest thereon upto the death of the borrower(s) (50% in the case of death of one of the joint borrowers where there are two borrowers/pro-rata where there are more than two joint borrowers. This customer friendly feature is extended absolutely free. Conditions:

Upon the happening of any event which may give rise to a claim under this policy, written notice with all particulars must be given to the Insurance Company immediately. In case of death, written notice also for the death must, unless reasonable cause is shown, be so given before internment cremation, and in any case, within 60 days after death.

Proof satisfactory to the company shall be furnished of all matters upon which a claim is based. In the event of death, to make a post-mortem examination of the body of the insured person.

No sum payable under this policy shall carry interest.

The company shall not be liable to make payment under this policy in respect of any claim, if such claim be in any manner fraudulent or supported by any fraudulent statement or device, whether by the insured or by any person on behalf of the insured.

Procedure for Claims: All the claim correspondence will be only with the Bank’s branches where the insured person was having his/her loan a/c. The New India Assurance Company Ltd., (NIAC) shall be intimated immediately on receipt of information of death of a borrower due to accident. Within 60 days of the death of the borrower, the branch should submit claim directly to NIAC, Mumbai along with the following documents for processing:

Claim form as per prescribed format to be filled in by the Branch and legal heirs of the deceased.

Death Certificate from the Competent Authority.

Post Mortem report.

Other supporting papers such as Police Report (FIR)/Panchanama/Inquest Report.

News Paper cutting, if any. (The above documents should be legible. In the absence of a legible copy or if the documents are in vernacular/regional language, the same may be translated into English/Hindi by a competent person (Notary, Advocate)

Certificate from the Bank Branch, to the extent that the person was holding Home/Car Loan Account, in the prescribed format.

Certificate of Insurance duly signed by all the account holders.

Statement of loan a/c from the date of disbursement of loan, showing the loan amount sanctioned, monthly transactions and outstanding as on the date of accident and the amount of instalments defaulted, if any.

For the purpose of the claim, copies of the documents stated above may be submitted certified by an officer of the branch where the deceased person was maintaining his/her loan account. Address for lodging claims to and corresponding with the Insurance Company:

15.6 TDS REQUIREMENTS AT A GLANCE – FINANCIAL YEAR 2010-11

PAYMENT TO INDIAN RESIDENTS UNDER SECTION 192 (SALARY)

Nature of Payment When to deduct tax at source (i.e. payments or credit whichever is earlier)

Payment to an individual

Payments to Indian Residents (Sec.192-Salary)

Monthly at the time of payment where estimated taxable salary exceeds the exemption limit

IT (%) A

Ed.Cess (%) (incld. Higher Ed.)

B

Total

Up to Rs.1,60,000/- NIL

1,60,001 to 5,00,000 10 3% of A 10.30

5,00,001 to 8,00,000 20 3% of A 20.60

8,00,001 onwards 30 3% of A 30.90

For Women employees below 65 years of age

Up to Rs.1,90,000/- NIL

1,90,001 to 5,00,000 10 3% of A 10.30

5,00,001 to 8,00,000 20 3% of A 20.60

8,00,001 onwards 30 3% of A 30.90

For Senior Citizens (persons of 65 years & above)

Up to Rs.2,40,000/- NIL

2,40,001 to 5,00,000 10 3% of A 10.30

5,00,001 to 8,00,000 20 3% of A 20.60

8,00,001 onwards 30 3% of A 30.90

OTHER THAN SALARY

Nature of payment When to deduct tax at source (i.e. payments or credit whichever is earlier)

Rate w.e.f. 01.07.2010 (%)

Payments to Contractors (194C) Where contract payment exceeds Rs.30,000/- & in case where the aggregrate amt. Of such payments credited or paid or likely to be credited or paid

THE NEW INDIA ASSURANCE COMPANY LTD., Divisional Office 120700, 8th floor, 17/A, Cooperage Road, MUMBAI 400 039 Tel- 022-2204 9648, 2281 4663; Fax: 022-2288 1350

during the financial year (including advances, if any) exceeds Rs.75,000/-. TDS is required to be made on the following:

a) Individual/HUF b) Other than Individual/HUF

1.00 2.00

Commission and Brokerage(194H) When such commission or brokerage exceeds Rs.5,000/- in a FY

10.00

Payment of Rent (194-I) When rent in a financial year exceeds Rs.1,80,000/- (including advance, if any)

i. Rent of machinery, plant & equipment ii. Rent of others viz. land, buildings, furniture

and fittings etc.

2.00 10.00

Professional of Technical service (194J) Fees for Professional or Technical services or royality

When such fees in a financial year exceed Rs.30,000/-

10.00

The rate of TDS will be higher of 20% or the applicable rate in all cases where valid PAN is not quoted by

the recipient. The declaration filed in 15G and 15H shall not be valid unless the person filing the

declaration furnishes his PAN in such declaration.

15.7 SBI SCHEME FOR PAYMENT OF EX-GRATIA LUMP-SUM AMOUNT

(CDO/P&HRD/PM/28 dt.04.08.2005)

1.Eligibility:

a) Employees dying in harness

b) Employees seeking premature retirement due to incapacitation before reaching the age of 55 years and

whose service records are not blemished on account of disciplinary actions.

2.Ex-Gratia Amount:

Maximum Rs. 8.00 lacs, subject to monthly income of the family from all sources are less than 60% of the

last drawn gross salary (net of tax). (Calculation as per paragraph 9(b) of aforesaid Circular.

3.Time Limit for Application:

6 months from the date of death.

In case of 1(b) above 2 months from the date of retirement.

15.8 PAYMENT OF COMPENSATION TO EMPLOYEES IN THE EVENT OF DEATH WHILE ON DUTY OR

AS A RESULT OF DACOITY/ROBBERY/ATTACK BY TERRORISTS OR DISABILITY/SERIOUS INJURY

ETC. SUFFERED WHILE ON DUTY

(CirDO/P&HRD/54/2002-03 dt. 26.07.2002)

Scheme: I: The compensation will be payable only in cases of accidents resulting in death, serious injury etc. to the

permanent employees (including part-time subordinate staff) arising in the course of performing official duties. In

the event of death and permanent disablement/serious injury resulting in cessation of service, cash compensation

would be up to an amount of Rs.5.00 lacs for Supervising Staff. In case of serious injury causing loss of limbs etc.

not resulting in cessation of service, cash compensation within the abovementioned limit may be considered on

case to case basis. In addition to the payment of compensation the injured employees may also be granted the

following facilities : a) Special leave for the period of medical treatment and recuperation as may be advised by the

Bank’s authorized Medical Officer and b) Reimbursement of Medical Expenses to the full extent.

Scheme: II: In case of death of officers as a result of or during bank robbery/terrorist attack on the Bank/Bank

employees or those who actively resist bank robbery/terrorist attack, the following cash compensation will be

given to the family of the deceased:

Executives in Scale IV onwards Rs. 5.00 lakhs

Officers in Scale I to III Rs. 3.00 lakhs

In case of death of employee: The bank will consider giving employment to one member of the family of the

deceased in accordance with the guidelines for compassionate appointments. If any compassionate appointment is

given, the loans for housing etc. which might have been availed of by the employees may be transferred to the

family member, irrespective of his/her normal eligibility OR In case of compassionate appointment is not taken up :

the pay and allowances last drawn by the deceased may be extended to the family of the deceased till one of the

children of the family of the deceased reaches the age of 21 years OR the date on which the deceased would have

retired in normal course, whichever is earlier. Such payment of pay and allowances will be available only if the

dependent is not gainfully employed elsewhere. Only one of the benefits viz. Compassionate appointment or

payment of salary will be available. The interest part of the loans, if any, may be waived and the principal amount

recovered from the compensation/other dues payable.

In other cases: Reimbursement of educational expenses of the dependent children of the deceased up to and

inclusive of graduation. A cash reward not exceeding Rs.50,000/- will be considered for those who actively resist

bank robberies and terrorist attacks on banks. This will be in addition to the compensation, if any, to which the

person may be entitled to under the provisions of various Acts/Rules governing him/her. Out of turn promotion

may also be considered.