SERVICE CONDITIONS ALL INDIA BANK OF BARODA OFFICERS' ASSOCIATION

Transcription

1 ALL INDIA BANK OF BARODA OFFICERS' ASSOCIATION All India Bank of Baroda Officers' Association India Registered under Indian Trade Unions Act, 1926 & Recognized by Bank (Affiliated to INTUC & INBOC HOME CHARTER OF DEMANDS-INBOC CIRCULAR 2012 CIRCULAR 2013 ENROLMENT FORM CIRCULAR 2011 THOUGHTS SERVICE CONDITIONS CIRCULAR 2010 SERVICE CONDITIONS BANK OF BARODA OFFICERS SERVICE CONDITIONS.

2 SL. NO. CONTENTS 1. SCALE OF PAY/FITMENT /STAGNATION 2. DEARNESS ALLOWANCE: 3. HOUSE RENT ALLOWANCE 4. CITY COMPENSATORY ALLOWANCE 5. FPP 6. PQP 7. MID ACADEMIC YEAR TRANSFER ALLOWANCE: 8. DEPUTATION ALLOWANCE: 9. HILL AND FUEL ALLOWANCE 10. SPECIAL AREA ALLOWANCE 11. PROJECT AREA ALLOWANCE 12. SPLIT DUTY ALLOWANCE 13. PROVIDENT FUND 14. NON REFUNDABLE WITHDRAWAL FROM PROVIDENT FUND

3 15. MEDICAL AID 16. HOSPITALISATION EXPENSES 17. MEDICAL CHECK UP SCHEME 18. EX-GRATIA MEDICAL AID: 19. HOUSING ACCOMMODATION 20. FURNITURE TO OFFICERS AT RESIDENCE 21. RECOVERY OF HOUSE / FURNITURE RENT 22. ENTERTAINMENT EXPENSES 23. REIMBURSEMENT OF CLUB MEMBERSHIP FEES 24. REIMBURSEMENT OF CONVEYANCE EXPENSES 25. HALTING ALLOWANCE 26. LODGING EXPENSES 27. TRAVELLING EXPENSES FOR TRAVEL IN OWN VEHICLE FOR OFFICIAL DUTY: 28. REIMBURSEMENT OF CONVEYANCE ON TRAINING 29. DISCOMFORT ALLOWANCE 30. HOUSE MAINTENANCE ALLOWANCE 31. KIT ALLOWANCE 32. PROVISION OF NEWS PAPER & BOOK FACILITY TO OFFICERS 33. BRIEF CASE TO OFFICER: 34. COMPENSATION ON TRANSFER 35. EXPENSES ON TRANSFER: 36. HALTING ALLOWANCE 37. MODE OF TRAVEL AND EXPENSES ON TRAVEL 38. JOINING TIME ON TRANSFER 39. LEAVE TRAVEL CONCESSION 40. FESTIVAL ADVANCE TO OFFICERS 41. VARIOUS STAFF LOANS: 42. CLEAN OVERDRAFT FACILITY FOR STAFF MEMBERS

4 43. STAFF HOUSING LOAN / CONVEYANCE LOAN 44. HOUSING LOAN TO STAFF UNDER PUBLIC SCHEME 45. AVAILMENT OF LOANS FORM OUTSIDE SOURCES 46. SCHEME FOR ENCOURAGING EMPLOYEES TO PURSUE PROFESSIONAL AND COMPUTER EDUCATION, 47. PREFERENTIAL INTEREST RATES ON DEPOSITS 48. ISSUANCE OF BOBCARD 49. ONLINE TRADING FACILITY 50. ONLINE PROMOTION TEST 51. REIMBURSEMENT OF KIT ALLOWANCE FOR OVERSEAS VISITS 52. PAYMENT OF HALTING /DIEM ALLOWANCES TO EXPATRIATE OFFICER/OFFICERS 53. SILVER SALVER SCHEME 54. LEAVE 55. UNAUTHORISED ABSENCE 56 SANCTION OF LEAVE AND PERMISSION TO GO ABROAD AND ISSUE OF NO OBJECTION CERTIFICATE FOR OBTAINING/RENEWING PASSPORT 57. COMPENSATORY LEAVE 58. SCHEME FOR GRANT OF SABBATICAL LEAVE TO EMPLOYEES 59. PROMOTION POLICY 60. ASSETS LIABILITY RETURN 61. TERMINAL BENEFITS 62. ENCASHMENT OF PRIVILEGE LEAVE ON RETIREMENT 63. ADDITIONAL RETIREMENT BENEFIT 64. PRE-MATURE RETIREMENT OF OFFICER 65. SCHEME FOR PAYMENT OF EX-GRATIA FINANCIAL RELIEF/APPOINTMENT 66. ISSUANCE OF SERVICE CERTIFICATES TO RETIRED EMPLOYEES 67. STAFF WELFARE

5 68. BANK OFBARODACONTRIBUTORY MEDICAL ASSISTANCE SCHEME FOR RETIRED EMPLOYEES 69. HELP DESK FOR RETIRED EMPLOYEES 70. BARODASUJHAV STAFF SUGGESTION SCHEME 71. PARAMARSH- THE CENTER FOR PERSONAL COUNSELLING 72. SAMPARK THE SOS HELPLINE FOR EMPLOYEE 73. IDEA ONLINE 74. HUMAN RESOURCE NETWORK FOR EMPLOYEE SERVICES 75. PERQUISITES TO CHIEF MANAGER SMG/S IV 76. DISCIPLINARY MATTERS 77. TRANSFER POLICY 78. INCOME TAX ON PERQUISITES CONCESSIONAL RATE OF INTEREST ON STAFF LOANS 79. INTRODUCTION OF A NEW EMPLOYEE PERFORMANCE MANAGEMENT SYSTEM(EPMS) 80.POLICY FOR OVERSEAS POSTING 81. SCHEME FOR LEGAL & FINANCIAL SUPPORT 82. HR RESOURCING POLICY 83. SCHEMES MANAGED BY ASSOCIATION 84. SCHEME FOR RESERVATION OF BEDS IN HOSPITALS SITUATED AT ZONAL CENTRES 85. LIST OF HOLIDAY HOMES OFFICERS SERVICE CONDITION IN BANK OFBARODA Service Conditions of officers in BANK OF BARODA is governed by BANK OF BARODA

6 (OFFICERS ) SERVICE REGULATION 1979 Refer Book of Instruction volume No. 13 Officers Employees conduct, Discipline and Appeal are regulated by BANK OF BARODA OFFICER EMPLOYEES (Conduct) REGULATIONS 1976 & BANK OF BARODA OFFICER EMPLOYEES (Discipline and Appeal) REGULATION The details of above are recorded in our Head Office publication no SCALE OF PAY (w.e.f 01/11/2007) BCC/BR/102/147 Dated : Scale I = Rs / / / Scale II = Rs / / Scale III = Rs / / Scale IV = Rs / / Scale V = Rs / / Scale VI = Rs / Scale VII= Rs / Fitment : Fitment shall be stage to stage i.e. on corresponding stages form Ist stage onwards and the increments shall fall on the anniversary date as usual. For details refer Salary revision circular No. BCC:BR:102/147 Dated applicable w.e.f Stagnation : a) Officers in JM Grade Scale I who have moved to scale of pay for MMG Scale II in terms of regulation

7 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 will get the third stagnation increment on and another stagnation increment on or after on their completion of six years after receipt of second stagnation increment. b) Officers in MMG/S II who have moved to scale of pay for MMG/S III in Terms of Regulation 5(b) after reaching maximum of higher scale shall be eligible for three stagnation increments of Rs.900/- each for every three completed years of service. Provided that officers who have completed three years or more after receipt of the first stagnation increment as on will get the next stagnation increment with effect from and a subsequent stagnation increment on or after on their completion of six years after receipt of the first stagnation increment. Provided further those officers in substantive MMG/S III i.e. those who are recruited in or promoted to MMG/S 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 will get the third stagnation increment on and the fourth stagnation increment, on or after on their completion of six years after receipt of second stagnation increment. 2. Dearness Allowance: On and from ,, 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. 3. House Rent Allowance (w.e.f 01/11/2007) i) Major A ClassCitiesand Project Area Centres8.5 % of Pay in Group A ii) Other places in Area I and Project Area centres in Group B 7.5 % of Pay

8 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 1.20 % 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 Allowances as hitherto. 4. City Compensatory Allowance (w.e.f ): Area Rate Maximum Amount i Places in Area I and in the State ofgoa 4 % of Basic Pay Rs. 540 /- p.m. ii Places with population of five lakhs and 3 % of Basic Pay Rs. 375/- p.m. over and State Capitals andchandigarh,pondicherryand Port Blair 5. FPP: (w.e.f ) On and from 1st November 2007 FPP together with HRA shall be at the following rates and shall remain frozen for the entire period of service. Increment component D.A. As on Total FPP payable where bank s accommodation is provided (A) (B) (C) 800/- 58/- 858/-

9 900/- 65/- 965/- 1000/- 72/- 1072/- 1100/- 79/- 1179/- 1200/- 86/- 1286/- 1300/- 94/- 1394/- Note : (i) FPP as indicated in C above shall be payable to those officer employees who are provided with bank s accommodation. (ii) FPP for officers eligible for HRA shall be A + B plus HRA payable on the last increment of the relevant scale of pay.. (iii) The increment component of FPP shall rank for superannuation benefits. 6. PQP (w.e.f 01/11/07) : (A) 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 (B) 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 installment or PQP and the release of subsequent installments of PQP shall be with reference to the date of release of first installment of PQP.

10 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 1 st November,2007 or the date of acquiring such qualification/s, which ever is later, released PQP as provided herein above. 7. Mid Academic year transfer allowance: W.e.f it is Rs.700/- per month subject to other conditions. 8. Deputation Allowance: On and from 1st May 2010, Deputation Allowance shall be at the following rates : p.m. A) An officer deputed to serve outside the bank % of pay with a maximum of Rs2300/- 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. 9. Hill and Fuel Allowance (w.e.f. 01/11/2007): Place Rate a Place with an altitude of 1000 meters and above but less than 1500 meters andmercaratown 2% of Pay subject to a maximum of Rs 550/- p.m. b Place with an altitude of 1500 meters and above but less than 3000 meters 2.5% of Pay subject to a maximum of Rs 680/- p.m. c Places with an altitude of 3000 meters and above 5% of Pay subject of a maximum o Rs 1570/- p.m. 10. Special Area Allowance (w.e.f. 01/11/2007):

11 At places where special area allowance is payable in terms of regulation 23(ii) of Officers Service Regulations, 1979/1982, the said allowance shall be payable at rates as specified in BCC:BR:102/147 dated Project Area Allowance( ) 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. 12. Split Duty AllowanceL ) Split Duty Allowance shall be payable at Rs 165/- p.m. 13. Provident Fund (w.e.f. 01/11/2007): (a) While the officers who are presently covered under the Pension Scheme and those who will join the Pension Scheme in terms of option being made available under joint note dated 27 th April,2010 shall continue to contribute 10% of the pay towards Provident fund, there shall be no matching contribution. (b) Officers who are presently covered under Contributory Provident Fund Scheme who do not opt for Pension Scheme being made available under Joint Note dated 27 th April,2010 shall continue under the contributory Provident Fund Scheme as hitherto. There shall be no Provident Fund to officers joining the services of banks on or after 1 st April,2010. They shall be covered by a Defined Contributory Pension Scheme, where the officer will contribute 10% of pay plus Dearness Allowance and the Bank of Baroda will make a matching contribution. The scheme shall be Governed by the provisions of the Contributory Pension Scheme as introduced for employees of Central Government w.e.f. 1 st January 2004 and modified from time to time.

12 Pension : All existing officers who have joined Bank of Baroda s service prior to and who have not opted for pension earlier, can exercise their option for Pension scheme under Bank Employees Pension Regulation, 1995 dated 29 th September 1995/26 th March The terms of the Bank Employees Pension Regulation,1995 dated 29 th Sept.1995/26 th March1996 shall not apply to the officers who join the services of Banks on or after 1 st April 2010; and they will be covered by Defined Contributory Pension Scheme, which shall be governed by the provision of the Contributory Pension scheme introduced for officers of the Central Govt. w.e.f With effect from 1 st May 2005, the pension of officers who retired or died while in service during the period 1 st April 1998 to 31 st Oct.2002 will be re-fixed based on the definition of Pay as defined in clause 5 of the joint Note dated 14 th Dec No arrears of pension and commuted value of Pension will be payable on account of such re-fixing of pension. 1. With effect from 1 st May 2005, the pension of officers who retired or died While in service during the period 1 st November 2002 to 30 th April 2005 will be re-fixed based on the definition of Pay as defined in clause 6 of the Joint Note dated 2 nd June No arrears of pension or commuted value of pension will be payable on account of such re-fixation of pension. Implementation of Defined Contributory Retirement Benefit Scheme (DCRBS) instead of the present Defined Benefit Pension Scheme for those who are joining the services of the Bank on or after : (Circular BCC:BR:102/96 dated ) The scheme shall be one as governed by the Contributory Pension Scheme introduced for employees of central Government w.e.f. 1 st January Non refundable withdrawal from Provident fund All confirmed employees and regular member of PF Trust of the Bank who have

13 Completed 10 years of Service and against whom no disciplinary action has been initiated /pending as on date of application. Purpose and quantum of non-refundable withdrawal are Purpose Limit for non refundable withdrawal of Provident Fund For meeting the expenses in connection with the marriage of children -6- months grow salary subject to maximum of 50% of Member s own contribution towards PF/VPF For meeting the cost of Higher Education of dependent children Estimated expenses for complete course or 50% of Member s own contribution towards PF/VPF(which is less) Reference Circular No.HO:BR:100/130 dated Medical Aid ( w.e.f ) On and from Ist Nov. 2007, reimbursement of medical expenses shall be as under: A) Officers in JMG & MMG Scales - Rs. 5100/-p.a. B) Officers in SMG & TEG Scales - Rs. 6320/- p.a. 16. Hospitalization Expenses ( w.e.f ) It shall be in terms of the Hospitalization Scheme laid down under Bipartite settlement dated 27 th April, 2010 for workmen employees, subject to following limits: - Scale Limits A) JMG/S I and MMG/S II & III (i) Bed charges

14 Self - Rs 700/- per day Family _ Rs.525/- per day (ii) Other charges - At the scale of 125% of the limits laid down under the hospitalization Scheme applicable to workmen employees. SMG/S IV (i) Bed charges: Self - Rs. 900/- per day Family - Rs 675/- per day (ii) Other charges - At the scale of 150% of the limits laid down under the hospitalization scheme applicable to workmen employees For other charges refer to circular No. BCC/BR/102/147 dated Medical expenses incurred in following disease, which need domiciliary treatment shall be deemed as hospitalization expenses for reimbursement from the bank -Cancer, Leukemia, Thalassemia, Tuberculosis, Paralysis, Cardiac Ailment, Pleurisy, Leprosy, Kidney ailment, Epilepsy, Parkinson s Disease, Psychiatric disorder, Diabetes, Hepatitis-B, Hepatitis-C, Hemophilia, Myasthenia gravis, Wilson s disease, Ulcerative Colitis, Epidermolysis bullosa, Venous Thrombosis (not caused by smoking), Aplastic Anemia, Psoriasis and Third Degree Burns. Besides above special packages are also reimbursed by the bank to the extent of entitlement for getting specialized treatment for diseases pertaining to heart, kidney, coronary etc. Ambulance charges from residence to hospital and back or from one hospital to another is reimbursable in full. Actual expenses incurred on conveyance by mode other than ambulance shall be reimbursed subject to the maximum as under: (i) By public taxi Actual subject to maximum Of Rs 150/- per trip. (ii) By auto rickshaw Actual subject to maximum Of Rs 75/- per trip. Bank do also provide Wall-in Walk-out facility in some specified hospitals at major centers in India Like Delhi, Mumbai, Ahmedabad, Jaipur, etc. keeping reserved bed for employees and their dependent family members.

15 AT Delhi we have walk In walk out facility at Ganga Ram Hospital in Central Delhi, VIMHANS in South Delhi, Park Hospital in West Delhi Bank does also provide reimbursement of Hospitalization Expenses incurred on treatment abroad in exceptional cases for the ailments for which treatment inindiais not yet widely established. 17. Medical Check up scheme for the employees of 45 years of age and above. Full time confirmed employees of 45 years of age and above are eligible for medical check up once in 2 years in the approved diagnostic centre. Maximum amount payable for medial check up is Rs.1000/-. In our zone, we have a tie up with Religare. 18. Ex-gratia Medical Aid: For details refer to HO/BR/95/112 dated & HO/BR/96/174 dated The Ex-gratia Medical Aid Scheme has been rationalised. A maximum cap of expenditure has been specified for amount reimbursed under BPS/BOBSOR and Exgratia Medical Aid taken together. Ex-gratia Medical Aid will be sanctioned only for serious ailments (specified) involving high cost. For any Life threatening ailment, which is not specified, sanction to be obtained from GM/DGM (HRM), BCC, Mumbai. 19. Housing Accommodation : Housing Accommodation is provided to officers on lease basis with following ceiling w.e.f (BCC/BR/99/335 Dated 03/11/07): City Class Delhi & Major A Area I Area II Other Mumbai Centers Scale I Scale II Scale III Scale IV

16 Bank provides payment of maximum 6 months rent as refundable deposit to landlords, wherever required. Refer HO/BR/95/57 dated Furniture to Officers at Residence : All officers who live in accommodation owned by the bank, leased to the bank or leased in the name of the officer and reimbursement by the bank are eligible to avail this facility subject to limits as under Scale I - Rs.40000/- Scale II - Rs.60000/- Scale III - Rs.80000/- For details refer to BCC/BR/95/199 dated & BCC/BR/103/365 dt Recovery of House / Furniture Rent (w.e.f. 01/11/07): I. House Rent recovery shall 1.20% of the first stage of the scale of pay in which officer is placed or the standard rent for the accommodation, whichever is less. Reference BCC/BR/98/17 dated Rates for Standard Rent applicable as on date are as under : S. No RangeofLivingArea ( in sq. mt.) Standard Rent (Rs.) 1 Up to to to to to

17 6 106 to to to to to to to Beyond ( 1 sq. mt. = sq. ft.) II. Furniture rent recovery shall 0.25% of the first stage of the scale of pay in which officer is placed. 22. Entertainment Expenses (BCC:BR/102/169 dated ) The revised rate as under is payable from financial year : Scale Officers at Administrative office & Branches(Rs./p.a.) Branch Head Existing Revised Existing Revised JMG/S I MMG/S II

18 MMG/S III * 6400* SMG/S IV & V TMG/S VI & VII The reimbursement is to be made to the officers proportionately on quarterly basis, on submission of declaration. At very large and exceptionally large branches. 23. Reimbursement of Club membership fees: Following amount is reimbursable: Admission fees Entitlement (Rs) All Officers 3000/- Subscription fee Annual Ceiling (Rs) (A) Branch Managers Exceptionally Large Branches 2700/-

19 Very Large Branches 2400 Large Branches 2100 Medium Branches 1800 Small Branches 1500 (B) Others TEG/S VI & VII 3000 SMG/S V 2400 SMG/S IV 2100 MMG/S III 1800 MMG/S II 1500 JMG/S I Reimbursement of Conveyance Expenses: All officers are entitled to get reimbursement of conveyance expenses. Reimbursement of conveyance expenses is made to officers as per actual expenses incurred by them and so declared while claiming reimbursement or the monthly limits as specified under the scheme whichever is lower (Refer BCC:BR:101/57 dated Claim can be made within 3 months from the month it become due on declaration basis. The limit to the monetary entitlement of the officers calculated on the basis of the high octane petrol rate (premium, power etc) prevailing on the last day of the month for the eligible litres of petrol. (A) Scheme I This scheme would be applicable to the officers who do not own a vehicle Sl.NO. Scale Amount for all areas (Rs.) 1 SMG/S IV MMG/S III 500

20 3 MMG/S II JMG/S I 350 (B) Scheme II This Scheme would be applicable to the officers who own a vehicle Scale Major A class cities Area I Area II Area III 2-wheeler Car 2-wheeler Car 2-wheeler Car 2-wheeler Car I* II III Halting Allowance ( w.e.f. 01/05/2010 ): Grade / Scale Major A class cities (Rs) Area I (Rs) Other places (Rs) Scale I, II and III 800/- 700/- 600/- Scale IV and above 1000/- 800/- 700/- Provided that in the case of officers in Scale IV and above, halting allowance payable per diem while on outstation work at the four metros, viz. Delhi, Mumbai,Kolkata and Chennai, shall be Rs.1200/- and for

21 officers in Scale I/II/III Rs.1000/- 26. Lodging Expenses: (BCC:BR:100/248 Dated w.e.f ) Maximum room tariff permissible (excluding taxes) Eligibility to stay Major A class cities Area I Other places Scale IV 3* Hotel Scale II & III 2*Hotel (Non-Ac) Scale I 1* Hotel (Non-Ac) As per BR: HRM: M-35/3795 Dated Area Classification for halting allowances is as under: Major A Class Cities : Greater Mumbai, Kolkatta, Delhi, Chennai, Ahmedabad, Bangalore, Hyderabad. Area I Cities : Places with population of 12 lacs & above - Patna, Pune, Nagpur, Kanpur, Surat, Jaipur, Lucknow, Visakhapattnam, Baroda, kochi, Indore, Bhopal, Ludhiana, Coimbatore, Madurai, Agra, Varanasi Other Places: Places other than Major A Class & Area I cities. Other conditions When food bill and Hotel bill both produced : ¼ Diem Allowance When only Hotel bill produced : ¾ of Diem Allowance When only food bill produced : ½ of Diem Allowance When no food bill / Hotel bill produced : Full Diem Allowance For major A class cities executives may be reimbursed actual lodging expenses maximum to the extent of

22 150% of the applicable ceiling. 27. Traveling Expenses for Travel in Own Vehicle for Official Duty: The following rates are applicable for reimbursement of traveling expenses for travel in own vehicle for official duty, shifting of own vehicles by road on transfer & for availing LTC (For details refer HO/BR/96/60 dated & BCC/BR/104/2 DT Sr. No. Type of Vehicle Reimbursement Rate per K.M. 1 Four wheeler - Engine capacity of 1000 cc or more Rs Four wheeler - Engine capacity of less than 1000 cc Rs Motor cycle and scooter Rs Mopeds Rs 3.00 For use of own vehicle, prior permission of competent authority is required. 28. Reimbursement of conveyance on Training : Non residential training programme (Circular No.BCC:BR:102/168 dated ) w.e.f Reimbursement of conveyance on training to non residential training programmes are as under : Centre Existing Revised Mumbai,Delhi,Kolkata,Chennai Actual expenses Bangalore,Hyderabad,Ahmedabad Subject to Rs.80 per working day Actual expenses subject to Rs.125 per working day

23 At all other centres Actual expenses Subject to Rs.50 per working day Actual expenses Subject to Rs.75 per working day 29. Discomfort Allowance Officers working in 8 a.m. to 8 p.m. branches and attending office in shifts only are eligible to get Discomfort Allowance w.e.f Rs. 125/- per day as per administrative guidelines. 30. House Maintenance Allowance Officers who have occupied Bank s house or leased house of Bank, are entitled to get House Maintenance Allowance as under for the Financial Year , w.e.f on self declaration basis (BCC/BR/100/26 Dated ): S.No Grade/Scale Amount (Rs) 1. Officer in scale JMG/S-I 500/- p.m. 2. Officer in scale MMG/S-II 600/- p.m. 3. Officer in scale MMG/S-III 700/- p.m. Officers who have acquired house on leased in personal name as per Bank s Scheme, are entitled to get House Maintenance Facility as under for the Financial year w.e.f on self declaration basis (BCC/BR/101/53 dated

24 Grade / Scale Amount (Rs.) Sl.NO. 1 Officers in Scale JMG/S I 300/- p.m. 2 Officers in Scale MMG/s II & III 400/- p.m. 3. Officers in Scale SMG/S IV 500/- p.m BCC:BR:103/366 dt :::: Officers staying in own house: Scale I 200/-, II- 300, III-300, IV-400, V&VI-500, Scale VII Kit Allowance Branch heads are entitled to get Kit Allowance as under for the Financial Year , w.e.f on self declaration basis (BCC/BR/100/26 Dated ): S.No Grade/Scale Amount (Rs) 1. Branch Heads at Metro Centres 5000/- p.a. 2. Branch Heads at Urban Centres 3500/- p.a. 3. Branch Heads at Rural/Semi Urban Centres 2000/- p.a. The above facility shall be extended to officers on Bank of Baroda achieving net profit of rs.1000/- crore or more. Facilities are on annual basis and subject to review every year after finalization of Annual Results.

25 32. Provision of News Paper & Book Facility to officers BCC:BR:101/129 dated One news paper (Financial/Non-financial) on monthly basis is provided to officers in Scale I, II, III and 85% of the cost is reimbursable by Bank of Baroda. Executive )SMG/S IV) : 3 News papers and 3 periodicals* (* on commerce, management, agriculture, banking, economics or computers/information technology) Reference BCC:BR:100/207 dated Taking a notional value for the price of 1 new paper and 1 periodical, the following annual ceilings are now stipulated for officers/executives for reimbursement under this head. Scale of Existing Entitlement officers/executives Approved monetary ceilings Books(p.a) Newspapers/ Yearly Combined Periodicals Entitlement entitlement (p.m) (News Papers/ of Books + News Periodicals) papers/periodical (p.a) JMGS I daily news paper MMG/S II daily news paper MMG/S III daily news paper SMG/S IV daily news papers periodicals SMG/S V daily news papers periodicals

26 33. Brief case to Officer: One brief case with a cost ceiling of Rs. 1500/- (including tax) can be claimed by every officer in Scale I, II and III, once in two years on declaration basis w.e.f (Reference BCC:BR:100/67 dated ). Executive in Scale IV can claim one brief case with a cost ceiling of rs.2000/- once in two years and one executive attaché with a cost ceiling of Rs.4000/- once in three years. 34. Compensation on Transfer ( BCC:BR:101/129 dated : An officer on transfer will be eligible to draw a lump sum amount, as indicated below, for the expenses connected with packaging, local transport, insurance etc. S. No Grade / Scale Amount (Rs) 1. Junior & Middle Management /- 2. Senior & Top Management 20000/ Expenses on Transfer: An officer on transfer will be reimbursed his expenses for transporting his baggage by goods train up to the following limits: - PayRange Where an officer has family When an officer has no family Rs 10000/-pm to Rs 13820/-pm 3000 Kgs. (3 tonnes) 1500 Kgs. (1.5 tonnes)

27 Rs 13821/- pm and above Full Wagon(12 tonnes/120 quintals) 2500 Kgs. (2.5 tonnes) Where an officer on transfer transports his baggage by Lorry, for the purpose of reimbursement of actual charges, the maximum Limit in cases where full wagon is applicable shall normally be 60 quintals by goods train. However, where the expenses incurred are beyond such maximum, the bank may, keeping in mind the hardship involved to the officer concerned, reimburse the actual expenses incurred on the basis that the maximum charges for transport of goods in an -8- wheeler wagon would be 120 quintals provided the baggage is transported through approved transport operators. Reimbursement of expenses would be made at following rates : S No. Distance in Kilometers Rates per tonne*, per Km. 1. Up to 2000 Kms. Rs Beyond 2000 Kms. Rs 1.40 Note: The above rates do not apply on a slab basis. One Tonne = 1000 Kgs Reference BCC:BR:101/129 dated & BCC:BR:103/ Halting Allowance : In terms of the guidelines from the Govt. OfIndia, reimbursement of maximum 15 days halting allowance is permissible in case no residential accommodation is made available by the bank to officer at the new place of posting. 37. Mode of Travel and Expenses on Travel( w.e.f ) The following provisions shall apply wherever an officer is required to travel on duty :

28 I. An officer in JMG is entitled to travel by Ist class or AC 2 - tier sleeper by train. He may, however, travel by air (economy class) if so permitted by competent authority, having regard to the exigencies of business or public interest. II. An officer in MMG is entitled to travel by Ist class or AC 2 - tier sleeper by train. He may, however, travel by air (economy class) if the distance to be covered is more than 1000 kms. May travel for shorter distance if so permitted by competent authority. III. class) An officer in Senior management is entitled to travel by AC Ist class by train or air (economy IV. Any other officer may be authorized by the Competent Authority, having regard to the exigencies of business, to travel by his own vehicle or by taxi or by the Bank of Baroda s vehicle. 38. Joining Time on Transfer: I. An officer shall be eligible for joining time on one occasion, not exceeding seven days, excluding the number of days spent on travel. II. An officer may be permitted to avail joining time in maximum two installments provided he avails the same within 12 months from the date of his reporting to the new place of posting and the total joining time does not exceed 7 days. On both the occasion the joining time should be for the purpose of shifting family / goods and other incidental activities connected with shifting / transfer and not any other purpose. III. Officer is eligible for diem allowance for the period of days spent on travel when he is reporting for the first time to the new place of posting. IV. No joining time is admissible when an officer on transfer does not shift their residence to the new place of posting. Refer to circular CO/BR/95/145 dated Leave Travel Concession(w.e.f ) 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 inindiaby the shortest route.

29 I. The mode and class by which an officer may avail LTC shall be same as the officer is normally entitled to travel on transfer and other terms and conditions subject to which the LTC 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 JMG/S I while availing LTC will be entitled to travel by air in the lowest fare of economy class in which case the reimbursement will be the actual fare or the fare applicable to AC 1 st Class fare by train for the distance traveled whichever is less. The same rules shall apply when an officer in MMG/S II and MMG/S III while availing LTC where the distance is less than 1000 kms. II. LTC encashment -- An officer by exercising option any time during a 4 year block or two 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 up to a distance of 4500 kms (one way) to and fro journey total 9000 kms for officers in JMG Scale I and MMG Scale II & III and 5500 kms (one way) to and fro journey total kms for SMG IV and above. For encashment of LTC facility the entitled class of travel by train by officers in JMG and MMG may be taken as AC II Tier sleeper. III. An officer in Senior Management or Top Executive Grade is entitled to travel by AC Ist class by train or by Air (economy class). IV. The facility of encashment of privilege leave while availing of Leave Fare Concession is also available while encashing the facility of LFC. V. Definition of family: For the purpose of LTC concession Family of an officer shall mean an officer s spouse, wholly dependent unmarried children (including dependent step children and legally adopted children), physically challenged brother/sister with 40% or more disability, and wholly dependent parents ordinarily residing with and wholly dependent on the officer. The term wholly dependent child/parent shall mean such member of family having a monthly income not exceeding of Rs. 3500/ p.m.. 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.

30 VI. Please note that LTC for travel to the place of domicile (HomeTown) is not encashable. Railway grant concessional fare to Senior Citizens of 60 year of age and above, hence encashment will be considered on the basis of concessional fare only. VII. If an officer eligible to travel by air on LTC traveled by Air)economy class), the economy air fare should be taken into account for reckoning the entitlement, irrespective of the fact whether the airline allowed any complimentary facility, including visit to an overseas place, within the economy class fare. However, on traveling by apex /concessional fare, which is normally less than the economy fare, the eligibility would be actual fare.(refer Circular No.BCC:BR:101/133 dated ). 40. Festival Advance to officers: An officer is eligible for Festival advance up to one month emoluments or maximum Rs.30000/- in one calendar year w.e.f Refer BCC/BR/10/38 dated Various Staff Loans: Refer to Master circular No BCC/BR/97/103 dated for all Staff Loans excluding Staff Housing Loan and Clean Overdraft facility for staff. a) Take over of educational loan availed by Campus Recruitees : Bank of Baroda has decided to offer to take over educational loan of officers recruited from campus on or after (Refer Circular No.BCC:BR:101/285 dated b) Revision of scheme of Conveyance loan to officers : For -4- wheelers : Eligibility All confirmed officers with continuous service of 3 years and drawing basic pay of not less than Rs13820/- (old basic) Circular No.BCC/BR /102/38 dated

31 Limit 80% of control price of car or Rs.7.00 lacs which ever is less. R.O.I 8.50% simple interest Period 120 installments (Principle 90 and interest 30) in the ratio of 3:1 For -2- Wheelers : Limit 90% of the control price or Rs.90000/- whichever is less. ROI 8.50% (Simple) Repayment 84 equated installments (70 towards principal and 14 towards Interest) 42. Clean Overdraft facility for Staff Members: Refer to Master circular No BCC:BR:96:48 dated and BCC:BR:98:61 dated for Clean Overdraft facility available to Confirmed Staff Members with minimum service of 3 years.

32 Length of Service Eligibility Amount (Rs in Lacs) 3 to 5 Years to 10 Years years & Above 5.00 Revised prescribed rate of interest w.e.f (Circular No.BCC:BR102/167 dated Existing Revised 1.50% below BPLR on compounding basis with monthly rests(presently 10.50%) 9% p.a. on compounding basis with monthly rests. 43. Staff Housing Loan: (a) Regular Housing Loan : (:(circular No.BCC:BR:102/135 dated ) Eligibility Confirmed in Bank of Baroda s service Loan limit 90% of total cost or Rs.20 lacs which is lower. Rate of Interest 8% p.a(simple) or 4% less than BPLR whichever is lower Margin 10% of the cost Repayment 240 monthly installment. 180 installment towards principal and 60 installment towards interest. Those officers who have availed regular housing loan before as per earlier scheme, but construction/purchase of house is incomplete and/or repayment of loan has not begun, are also eligible to opt the housing loan under the revised scheme subject to the original estimated cost.

33 . (b) Additional Housing Loan : Eligibility Confirmed in Bank of Baroda s Service Loan limit Rs.4 lacs Rate of interest 8% p.a.(simple) or 4% less than BPLR. Whichever is lower Repayment 120 monthly installments 90 equal installment towards principal and 30 equal installments towards interest. Margin 25% of the estimated cost. Those officers who have availed additional housing loan before as per earlier scheme, but repair/renovation/enlargement of house is incomplete and/or repayment of loan has not begun, are also eligible to opt the additional housing loan under the revised scheme. with this increase the facility of Supplementary housing loan stands withdrawn. (d ) the existing housing loan account of an officer under old scheme can be transferred to new scheme for interest benefit, if he so desires. 44. Housing Loan to Staff under Public Scheme: Refer to Master circular No BCC:BR:93:50 dated & BCC:BR:99/278 Dated for Housing Loan to Staff under Public Scheme. 45. Availment of Loans form Outside Sources: It is mandatory for all employees to take prior permission of the Bank for availing of any loans from

34 outside sources. 46. Scheme for Encouraging Employees to Pursue Professional and Computer Education, through Correspondence, Part-time & Distance Learning: Refer to Master Circular No BCC:BR:96:208 dated for above scheme. 47.Preferential Interest Rates on Deposits: The Bank may allow one per cent additional rate of interest over its ruling rate of interest on fixed deposits, saving deposits and recurring deposits in the name of an officer, individually or jointly with any member of his family. 48. Issuance of BobCard: For the officers in scale I to IV BOBCARD Exclusive or BOBCARD Gold is issued free of cost. 49. Online Trading Facility- Baroda e-trading -Special Rates for Staff: For concessions refer to circular no BCC:BR:99/261 dated Online Promotion Test: Refer to circular no BCC:BR:98/292 dated Bank has advised to its staff to become computer literate and also planning to implement online test for Bank staff for promotion. 51. Reimbursement of Kit Allowance for Overseas Visits Officers/Executives identified for overseas postings on regular basis are reimbursed Kit Allowance in equivalent Rupees on self declaration basis as under (Reference BCC:BR:100/322 Dated ) :

35 Category Amount in US$ Cold Countries Warm Countries Officer(if single) Only officer & Spouse Officer, Spouse & 1 child Officer, Spouse & 2 child IBTOs Cold countries :USA,UK,Brussels Warm Countries : Asian Countries,Mauritius,Seychelles,Hong Kong, African Countries, Fiji etc. 52.Payment of Halting /Diem Allowances to Expatriate Officer/Officers in India and visiting Foreign Countries for official Purpose : Please refer Master Circular No.BCC:BR:100/341 dated with reference to above matters. 53.Silver Salver Scheme : On completion of 25 years of service bank of Baroda provides Silver Salver to the staff on immediate succeeding Bank of Baroda s Foundation day to the value of Rs.2500/- 54. Leave: Refer to Master circular No. BCC:BR:96/284 dated on leave, special leave, leave for going abroad, unauthorized absence.

36 Maternity Leave (w.e.f ) : (a) Maternity leave, which shall be on substantive pay, shall be granted to a female employee for a period not exceeding 6 months on any one occasion and 12 months during the entire period of her service. (b) Within the overall period of 12 months, leave may also be granted in case of miscarriage/abortion/mtp (c) Within the overall period of 12 months, leave may also be granted in case of hysterectomy up to a maximum of 45 days. 55. Unauthorized Absence: For details refer to circular no CO/BR/94/133 dated , BCC:BR:96/284 dated Annexure 3 & BCC/BR/98/63 dated Sanction of Leave and Permission to go abroad and issue of No Objection Certificate for obtaining/renewing Passport: Refer to circular No. BCC:BR:99/265 dated Compensatory Leave: In case of working on exigencies officers may be sanctioned Compensatory Leave subject to sanction by an executive. Reference BCC/BR/97/352 dated Scheme for grant of Sabbatical Leave to Employees: Refer to circular No. BCC:BR:98/113 dated for sabbatical leave to employees. The scheme is kept under abeyance with immediate effect vide circular No.BCC:BR:101/54 dated Promotion Policy: (Circular No.BCC:BR:102/94 dated )

37 The service eligibility for promotion to a higher scale has been reduced for most of the scales in the normal channel, the total time span is now reduced by 7 years from the current 25 years to 18 years and for the fast-track channel, the total time span is reduced by 4 years from the current 18 years to 14 years. This is one of the fastest service eligibility prescribed for promotion of officers in the entire Banking industry. Normal Channel Fast Track Existing Revised Existing Revised Scale (years) (Years) (Years) (Years) I to II II to III III to IV IV to V V to VI VI to VII Total Time Span The eligibility for the fast-track channel shall now only be limited to the performance factor for which the criteria stipulated is a minimum of 80% performance score in each of the last 3 years performance ratings. Selection process : a)no interviews or assessment of potential has been kept in the policy for promotion from Scale I to II. b).written test have been dispensed with for promotions from Scale III to Scale IV.

38 c) The revised weightage for the different factors of promotions have been kept as under : Scale Written Test Performance Potential Existing Revised Existing Revised Existing Revised I to II II to III III to IV IV to V V to VI Vi to Vii d) Transparency in marks secured : With a view to bring about more transparency in the marks secured by officers in the written test, it has been decided to intimate to all officers the written test marks immediately after declaration of the results of the written test. e) The performance marks are also made open from this year. 60. Assets Liability Return: Submission of Assets and Liabilities Statement as on March every year is mandatory to be submitted by all officers by June end through HRNES. 61. Terminal Benefits:

39 Refer to following master circular on terminal benefits like P.F, Pension and Gratuity etc: HO/BR/96/91 dated for Provident Fund HO:BR:96/83 dated for pension HO/BR/96/82 dated for Gratuity Gratuity (HO:BR:102/96 dated ) The payment of Gratuity Act has now been amended by an Act of Parliament which received the Presidential assent on 17 th May Accordingly, the ceiling on the amount of gratuity payable under Section 4 sub section (3) of the Payment of Gratuity Act 1972 has been raised from Rs. Three lacs fifty thousand to Rs.Ten lacs with effect from 24 th May, Encashment of Privilege leave on retirement : When an officer retires/expired while in service, he shall be eligible to be paid a sum equivalent to the emoluments of any period, not exceeding 240 days, of privilege leave that he/she had accumulated/credit as on date of retirement/death. 63.Additional Retirement Benefit : An officer who was in Bank s service as on , on retirement/voluntary retirement will gets 6- months emoluments as additional retirement benefit if he has rendered at least 25- years of service Pre-mature Retirement of Officer: The Bank can consider per-mature retirement of an officer under BOBOSR. It would be done once in a year after the officer completes the age of 55 years or completion of 30 years of total service, whichever is earlier. Refer to circular no BCC:BR:98/243 dated Scheme for Payment of Ex-gratia Financial Relief/Appointment to the dependents of deceased employees on Compassionate Grounds:

40 Refer to circular No BCC/BR/99/347 dated & BCC/BR/98/21 dated for all death cases occurred on or after Issuance of Service Certificates to Retired Employees: On receipt of application from the retired employee along with the photograph, the Competent Authority prescribed in the circular No CO/BR/92/40 dated may issue such Service Certificate cum Identity Card to employees who have retired on super annuation or have opted for any type of voluntary retirement from the Bank s services. For details refer to HO/BR/94/157 dated and HO:BR:100/180 dated Staff Welfare: Refer to Master circular No BCC/BR/96/265 dated for the various facilities provided by the bank under Staff Welfare funds: - I. Establishment of Holiday homes II. III. IV. Providing scholarships to the children of employees Handicapped children/spastic children Provide financial aid to the family members of the employees who die in harness V. Providing incentives to employees for promoting small family norms VI. Extending financial assistance to the employees who are on loss of pay on account of major and special operations/major diseases VII. VIII. Presentation of mementos to retiring employees (Abhinandan Yojana) Canteen subsidy IX. Financial assistance for purchase of artificial limbs to physically handicapped staff members and/or their handicapped children X. Financial assistance for purchase of hearing aid to physically handicapped staff members and/or their handicapped children. XI. Health check up for full time confirmed employees above the age of -45- years

41 68. Bank of Baroda Contributory Medical Assistance Scheme for Retired Employees: Under this scheme financial assistance is provided to retired employees and his/her spouse only on superannuation to meet the medical expenses incurred. To acquire the membership, employee shall have to make one time lump sum contribution towards membership fees i.e. Equal to 50% of (the basic pay, last drawn) + special pay (if applicable). Refer to HO/BR/92/317 dated Further, w.e.f. 1 st April,2010 it has been further improved as under : (a)the membership of Bank of Baroda Contributory Medical Assistance Scheme for Retired Employees will be extended to all retired employees for self and spouse irrespective of whether they are in gainful employment or not provided they enroll by paying the membership fees. (b)if the employee / spouse are in employment and the establishment extends/provides any medical aid/assistance then they will be eligible only for the unsettled portion of the claim i.e. such members have to first apply for reimbursement of their medical expenses to their current employer and the remaining unsettled amount only will be considered under the Contributory Medical Assistance Scheme for Retired Employees.(Circular No.HO:BR:102/34 dated ) 69. Help desk for Retired Employees : Bank has established a help desk for retired employees at Head Office,Barodafor their benefit at following address (HO:BR:100/52 dated ) The Chief Manager)HRM) Bank ofbaroda HRM Division, Head Office, 2 nd Floor,Baroda House, Mandvi,Baroda Tel.no retdmp.helpdesk@bankofbaroda.com.

42 70. Baroda Sujhav Staff Suggestion Scheme: Refer to circular no HO:BR:96/145 dated Suggestion may directly be sent to The Chief Manager (Ops,Ser, CS & O&M), Head Office, SurajPlaza 1, 8 th Floor, Sayajigunj,Baroda Paramarsh- The center for personal counselling: Bank has set up psychological counseling center for bank staff at Mumbai for counseling service free of charge, for resolving their psychological problems/worries, which may be disturbing their personal life. Counseling services are available on Monday, Wednesday and Friday between 3 pm. To 6 pm only by prior appointment directly obtainable form Mrs. Arti Chawla, a Clinical Psychologist and Counselor over phone No Reference CMD circular BCC/CMD/DO/128 dated Sampark The SOS Help line for Employee: With the objective of providing immediate assistance to those employees in great distress, facing extreme emergency, life and death situation, Bank has established SAMPARK HELP LINE at CMD s office. An employee can send at cmd@bankofbaroda.com/fax at or through post to CMD at corporate office address in prescribed format with copy to Zonal Head. Reference CMD circular BCC/CMD/DO/129 dated Ideaonline@bankofbaroda.com: An employee can send new ideas/schemes etc. for reference to higher authorities directly at ideaonline@bankofbaroda.com. 74. Human Resource Network for Employee Services In order to enable HR to add value to business, a comprehensive web-enabled Human Resources Management System called Hrnes has been conceptualized, implementation of which is under way. This shall provide a new tech-enabled platform for qualitative utilization of HR database and the same can be leveraged for improving the overall quality of HR practices. (Reference BCC:BR:99/359 Dated ) The system comprises of three broad modules encompassing many functions: