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ALL INDIA BANK OFFICERS CONFEDERATION (Registered under the Trade Unions Act 1926, Registration No: 3427/Delhi) State Bank of Buildings, St. Mark s Road, Bangalore 560 001 CIRCULAR NO.44 DATE: 29.04.2011 TO ALL AFFILIATES /MEMBERS: FITMENT ON PROMOTION FROM ONE SCALE TO HIGHER SCALE On account of revision of salary and allowances for officers with effect from 01.11.2007 under 9 th bipartite Joint Note signed with IBA on 27.04.2010, there is a necessity to modify the model fitment formula of IBA for officers on account of promotion from clerical scale to officer scale, as well as promotions within the officer category. The fitment formula should ensure protection as well as a reasonable increase in the emoluments of salary and allowances drawn by the employee/officer before promotion and at no point of time, a junior shall draw higher scale as compared with the senior on the same scale. 2. Similarly, during the 9th bipartite, a higher starting scale was evolved for officers in Scale IV and Scale VI, as two additional stagnation increments were granted to Scale I to Scale III Officers. Hence, there was a need to take care of these changes and to draw a model fitment formula for these categories of officers to ensure the benefit of two stages higher fitment. 3. We had a series of meetings and negotiations with the IBA officials and offered number of suggestions to rectify the anomalies in the existing fitment formula. We are glad that, IBA has come out with modified model fitment formula for its member banks, giving due consideration to various suggestions that were made by the Confederation, with effect from 01.11.2007, subject to existing bank level agreements on fitment formula of officers or court directions/injunctions. 4. We highlight gist of the modified formula as under: a) Fitment formula on promotion from clerical cadre to officer cadre in JMG-I on or after 01.11.2007 will be at a minimum scale of officer at Rs. 14,500/- basic pay upto 9 th stage in clerical scale. b) 25 th stage in clerical scale is equivalent to Rs. 25,700/- basic pay in Officer s Scale-I.

c) Appropriate adjustments in the date of effect of next increments in higher scale are made to avoid anomalous situations. d) Adjustments on account of passing of CAIIB/JAIIB, in fitment on promotion to next scale. e) Introduction of Temporary Adjustment Allowance to protect Basic Pay plus Dearness Allowance of an officer on promotion, as compared to Basic Pay plus Stagnation Increment plus Special Pay plus Dearness Allowance drawn as clerical staff, which will be wiped off in three years at 1/3 rd of TPA. f) Grant of CAIIB increment(s) for those employees passing CAIIB after reaching 20 th stage, in clerical cadre, on promotion to officer scale-i. g) Protection of stagnation increment due in previous scale, on promotion to higher scale. h) Protection of fixed personal pay on promotions etc. i) The higher starting scale for Scale-IV & V has been protected in the fitment formula. 5. Comrades, due to the persistent persuasion and follow-up by AIBOC with IBA, we could ensure a fair fitment formula for officers. Detailed charts showing scale wise fitment are annexed. 6. The IBA vide its Circular No.CIR/HR & IR/76/582/2011-12/2998 dated 25.04.2011 had issued detailed guidelines to member banks. We request our affiliates/members to take note of the revised formula. With greetings, (G.D.NADAF) GENERAL SECRETARY

ANNEXURE - I Fitment Chart on promotion from Clerical cadre to Officer Cadre in JMG Scale I, on or after 1.11.2007 Stage Pay in Clerical Cadre Fitment at From 1.11.07 to 30.4.10 From 1.5.10 onwards corresponding stage in Junior Management Grade Scale I 1 6200 7200 14500 2 6600 7600 14500 3 7000 8000 14500 4 7400 8400 14500 5 7900 8900 14500 6 8400 9400 14500 7 8900 9900 14500 8 9500 10500 14500 9 10100 11100 14500 10 10700 11700 15100 11 11300 12300 15700 12 12000 13000 16300 13 12700 13700 16900 14 13400 14400 17500 15 14100 15100 18100 16 14800 15800 18700 17 15500 16500 19400 18 16200 17200 20100 19 17500 18500 20900 20 18300 19300 21700 +1 19100 20100 22500 +2 19900 20900 23300 +3 20700 21700 24100 +4 21500 22500 24900 +5 22300 23300 25700 +6 23100 24100 25700 +7 23900 24900 25700

ANNEXURE - II Fitment Chart on Promotion for Officers Promoted from One Scale to another on or after 1.11.2007 A. Fitment Chart on promotion from Scale I to Scale-II Stage Scale-I Scale-II 1 14500] 2 15100] 3 15700] 4 16300] 5 16900] 6 17500] 7 18100] 8 18700] 19400 9 19400 20100 10 20100 20900 11 20900 21700 12 21700 22500 13 22500 23300 14 23300 24100 15 24100 24900 16 24900 25700 17 25700 26500 +] 26500 27300 +] 27300 28100 +] 28100 28900 ++] 28900 29700 ++] 29700 30600 ++] 30600 31500 ++] 31500 31500 + Sliding ++ Stagnation increments

B. Fitment Chart on Promotion from Scale-II to Scale-III Stage Scale-II Scale-III 1 19400] 2 20100] 3 20900] 4 21700] 5 22500] 6 23300] 7 24100] 8 24900] 25700 9 25700 26500 10 26500 27300 11 27300 28100 12 28100 28900 + 28900 29700 + 29700 30600 + 30600 31500 + 31500 31500 ++ 32400 32400 ++ 33300 33300 ++ 34200 34200 + Sliding ++ Stagnation increments ANNEXURE - III ANNEXURE - IV C. Fitment Chart on Promotion from Scale-III to Scale-IV Stage Scale - III Scale -IV 1 25700 2 26500 3 27300 4 28100 30600 5 28900 31500 6 29700 32400 7 30600 33300 8 31500 34200 ++ 32400 35200 ++ 33300 36200 ++ 34200 36200 ++ 35100 36200 ++ Stagnation increments

ANNEXURE - V D. Fitment Chart on Promotion from Scale-IV to Scale-V Stage Scale -IV Scale - V 1 30600 36200 2 31500 36200 3 32400 36200 4 33300 36200 5 34200 37200 6 35200 38200 7 36200 39300 ANNEXURE - VI E. Fitment Chart on Promotion from Scale-V to Scale-VI Stage Scale - V Scale - VI 1 36200 42000 2 37200 42000 3 38200 42000 4 39300 43200 5 40400 44400 ANNEXURE - VII F. Fitment Chart on Promotion from Scale-VI to Scale-VII Stage Scale VI Scale VII 1 42000 46800 2 43200 46800 3 44400 46800 4 45600 48100 5 46800 49400