@drac thank u.. have a good eve.....c.u.....yaar.
@rohitpal said:@bada.bhai bilkul bhai. waise chandigarh mein rent aur food ka kitna hoga monthly kuch idea ?
bhai dekho rent ka to depend krta h.. bohot se funde hain.. or food b thk he hai.. rates are genuine or i wud say rates differ as per category of people.. yahan pet bharke khana 30rs me b milta hai and 1000 me b.. it depends k tumko kahan khana h..
@cna said:@Highwayhow all got ur rank..?plz tell my rank.total=52.56,sc,marks=133. plz tell my rank...
ppl have mentioned the link pls follow that & use ur Reg no. to find that & i can't predict rank from score..
@JS-M bhai. punjab national bank , ya punjab and sind bank bhar de ( sind bank ka ek panga hain, kahi teerko pakistan ke sind mein na posting mil jaaye :P)
@rohitpal said:@daddykool lol ?
UIIC ditched me in interview...worst organisation ever 
...tu saale AO se PO kyun banna chah raha hai, hota to iska ulta hai aksar...
...tu saale AO se PO kyun banna chah raha hai, hota to iska ulta hai aksar...
some one pls answer this
hi puys... i m new to the forum..... pardon me if i m asking already answered question.........my score is 64.96.... my only doubt is.....lets say i m applying for PNB, BOB & ECGC as my preferences........ which for sure i wont get...... in that case what would be my status for other banks.?????? 
Okay bye puys, lotsa questions, quota full for the day....
chd , haryana , PUNJAB , delhi kahin bhi mil mil sakti hai post 7096 gen cat rank waale ko dosto ?? kya preference bharu dassdo beliyo 
@daddykool bhai main big 4 accounting firm mein kaam kar raha hoon already. mba bhi try kar raha hoon simultaneously . MBA ke bhi aache chances hain. yeh jobs like bank po and auditor in cag ( got thru ssc yesterday) are just back up for me 😃
@rohitpal said:@daddykool bhai main big 4 accounting firm mein kaam kar raha hoon already. mba bhi try kar raha hoon simultaneously . MBA ke bhi aache chances hain. yeh jobs like bank po and auditor in cag ( got thru ssc yesterday) are just back up for me
UIIC AO ka pucha maine...hero hira laal..
@bada.bhai said:@ all for all top rankers who want bob as there prefrence.. i have an exclusive info for u
kya info hai dost..
BANK OF BARODA
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
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
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
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 (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 1976.
The details of above are recorded in our Head Office publication no. 76.
1. SCALE OF PAY (w.e.f 01/11/2007) BCC/BR/102/147 Dated 26.05.2010:
Scale I = Rs. 14500 -600 /7 - 18700 - 700/2 - 20100 - 800/7 - 25700
Scale II = Rs. 19400 - 700/1 - 20100 - 800/10 - 28100
Scale III = Rs.25700 - 800/5 - 29700-900/2 - 31500
Scale IV = Rs.30600 - 900/4 - 34200- 1000/2 – 36200
Scale V = Rs.36200- 1000/2 – 38200- 1100/2- 40400
Scale VI = Rs.42000 – 1200/4 – 46800
Scale VII= Rs.46800 – 1300/4 – 52000
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 26.05.2010 applicable w.e.f 01.11.2007
Stagnation :
a) 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 01.11.2007 will get the third stagnation increment on 01.11.2007 and another stagnation increment on or after 01.11.2008 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 01.11.2007 will get the next stagnation increment with effect from 01.11.2007 and a subsequent stagnation increment on or after 01.11.2008 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 01.11.2007 will get the third stagnation increment on 01.11.2007 and the fourth stagnation increment, on or after 01.11.2008 on their completion of six years after receipt of second stagnation increment.
2. Dearness Allowance:
On and from 01.11.2007,, 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.
3. House Rent Allowance (w.e.f 01/11/2007)
i)
Major“A”ClassCitiesand 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 1.20 % 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 01.11.2007):
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 over and State Capitals andChandigarh,Pondicherryand Port Blair
3 % of Basic Pay
Rs. 375/- p.m.
5. FPP: (w.e.f. 01.11.2007)
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 01.11.2007
Total FPP payable where bank's accommodation is provided
(A)
(B)
(C)
800/-
58/-
858/-
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.
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, which ever is later , released PQP as provided herein above.
7. Mid Academic year transfer allowance:
W.e.f 01.05.2010 it is payable @ 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 :
A) An officer deputed to serve outside the bank - 7.75% of pay with a maximum of Rs2300/- 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.
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):
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 26.05.2010.
11. Project Area Allowance(01.11.2007)
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.
12. Split Duty AllowanceL01.11.2007)
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 27th 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 27th 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 1st 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. 1st January 2004 and modified from time to time.
Pension :
All existing officers who have joined Bank of Baroda's service prior to 01.04.2010 and who have not opted for pension earlier, can exercise their option for Pension scheme under Bank Employees' Pension Regulation, 1995 dated 29th September 1995/26th March1996.
The terms of the Bank Employees' Pension Regulation,1995 dated 29th Sept.1995/26th March1996 shall not apply to the officers who join the services of Banks on or after 1st 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. 01.01.2004.
With effect from 1st May 2005, the pension of officers who retired or died while in service during the period 1st April 1998 to 31st Oct.2002 will be re-fixed based on the definition of 'Pay' as defined in clause 5 of the joint Note dated 14th Dec.1999. No arrears of pension and commuted value of
Pension will be payable on account of such re-fixing of pension.
With effect from 1st May 2005, the pension of officers who retired or died
While in service during the period 1st November 2002 to 30th April 2005 will be re-fixed based on the definition of 'Pay' as defined in clause 6 of the Joint Note dated 2nd June 2005. 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 01.04.2010 : (Circular BCC:BR:102/96 dated 25.03.2010)
The scheme shall be one as governed by the “Contributory Pension Scheme” introduced for employees of central Government w.e.f. 1st January 2004.
14 Non refundable withdrawal from Provident fund –
All confirmed employees and regular member of PF Trust of the Bank who have
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 26.08.2008
15. Medical Aid ( w.e.f. 01.11.2007)
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. 01.05.2010)
It shall be in terms of the Hospitalization Scheme laid down under Bipartite settlement dated 27th April, 2010 for workmen employees, subject to following limits: -
Scale
Limits
A) JMG/S I and MMG/S II & III
(i) Bed charges
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 26.05.2010.
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.
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 12.06.2003 & HO/BR/96/174 dated 23.08.2004. 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 01.11.2007 (BCC/BR/99/335 Dated 03/11/07):
City Class Delhi & Major “A” Area I Area II Other
Mumbai Centers
Scale I 12000 10000 8000 4500 3500
Scale II 13000 11000 8500 5000 4000
Scale III 13000 11000 8500 5000 4000
Scale IV 15000 13000 10500 6500 --
Bank provides payment of maximum 6 months rent as refundable deposit to landlords, wherever required. Refer HO/BR/95/57 dated 29.03.2003.
20. 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 30.06.2003.
& BCC/BR/103/365 dt 30.12.2011
21. Recovery of House / Furniture Rent (w.e.f. 01/11/07):
I. House Rent recovery shall be @ 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 30.01.2006.
Rates for Standard Rent applicable as on date are as under :
S. No
RangeofLivingArea ( in sq. mt.)
Standard Rent (Rs.)
1
Up to 50
183
2
51 to 60
241
3
61 to 75
279
4
76 to 90
387
5
91 to 105
520
6
106 to 120
632
7
121 to 150
773
8
151 to 180
924
9
181 to 225
1087
10
226 to 300
1557
11
301 to 400
1924
12
401 to 550
2290
13
Beyond 551
2672
( 1 sq. mt. = 10.76 sq. ft.)
II. Furniture rent recovery shall be @ 0.25% of the first stage of the scale of pay in which officer is placed.
22. Entertainment Expenses (BCC:BR/102/169 dated 22.06.2010)
The revised rate as under is payable from financial year 2010-11 :
Scale
Officers at Administrative office & Branches(Rs./p.a.)
Branch Head
Existing
Revised
Existing
Revised
JMG/S I
3600
4600
4200
5200
MMG/S II
4200
5200
4800
5800
MMG/S III
4800
5800
5400
6400
5400*
6400*
SMG/S IV & V
6000
7300
6000
7300
TMG/S VI & VII
15000
16500
15000
16500
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/-
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 1200
24. 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 20.02.2009.
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
600
2
MMG/S III
500
3
MMG/S II
400
4
JMG/S I
350
(B) Scheme II
This Scheme would be applicable to the officers who own a vehicle –
Scale
Major A class cities
2-wheeler Car
Area I
2-wheeler Car
Area II
2-wheeler Car
Area III
2-wheeler Car
I*
35 35
30 30
25 25
20 20
II
35 35
30 30
25 25
20 20
III
35 70
30 60
25 50
20 40
25. 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 officers in Scale I/II/III Rs.1000/-
26. Lodging Expenses: (BCC:BR:100/248 Dated 11.09.2008 w.e.f.01.09.08)
Maximum room tariff permissible (excluding taxes)
Eligibility to stay
Major A class cities
Area I
Other places
Scale IV
3* Hotel
5000
3400
3000
Scale II & III
2*Hotel (Non-Ac)
3400
2600
2200
Scale I
1* Hotel (Non-Ac)
2600
2220
1800
As per BR: HRM: M-35/3795 Dated 19.11.2004 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 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 11.03.2004 & BCC/BR/104/2 DT 2.1.2012
Sr. No.
Type of Vehicle
Reimbursement Rate per K.M.
1
Four wheeler - Engine capacity of 1000 cc or more
Rs 9.00
2
Four wheeler - Engine capacity of less than 1000 cc
Rs 7.00
3
Motor cycle and scooter
Rs 4.50
4
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 22.06.2010) w.e.f. 01.07.2010
Reimbursement of conveyance on training to non residential training programmes are as under :
Centre
Existing
Revised
Mumbai,Delhi,Kolkata,Chennai
Bangalore,Hyderabad,Ahmedabad
Actual expenses
Subject to Rs.80 per working day
Actual expenses subject to Rs.125 per working day
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 08.01.08 @ 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 2007-08, w.e.f 01.02.2008 on self declaration basis (BCC/BR/100/26 Dated 30.01.2008):
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 2008-09 w.e.f. 01.02.09 on self declaration basis (BCC/BR/101/53 dated 13.02.2009
Sl.NO.
Grade / Scale
Amount (Rs.)
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 30.12.11:::: Officers staying in own house: Scale I 200/-, II- 300, III-300, IV-400, V&VI-500;, Scale VII-600
31. Kit Allowance
Branch heads are entitled to get Kit Allowance as under for the Financial Year 2007-08, w.e.f 01.02.2008 on self declaration basis (BCC/BR/100/26 Dated 30.01.2008):
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.
32. Provision of News Paper & Book Facility to officers BCC:BR:101/129 dated 29.04.2009.
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 25.07.2008
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 officers/Executives
Existing Entitlement
Approved monetary ceilings
Books(p.a) Newspapers/
Periodicals
(p.m)
Yearly Combined
Entitlement entitlement
(News Papers/ of Books + News
Periodicals) papers/periodical
(p.a)
JMGS I
1000 1 daily news paper
1800 2800
MMG/S II
1500 1 daily news paper
1800 3300
MMG/S III
2000 1 daily news paper
1800 3800
SMG/S IV
2500 3 daily news papers
+ 3 periodicals
9000 11500
SMG/S V
2500 3 daily news papers
+ 3 periodicals
9000 11500
TEG/S VI
3000 3 daily news papers
+ 3 periodicals
9000 12000
TEG/S VII
5000 3 daily news papers
+ 3 periodicals
9000 14000
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. 01.03.08 (Reference BCC:BR:100/67 dated 10.04.2008).
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 29.04.2009 :
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.
15000/-
2.
Senior & Top Management
20000/-
35.. 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)
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 2.80
2.
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 29.04.2009 & BCC:BR:103/301 25.10.11
36. 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. 01.05.2010)
The following provisions shall apply wherever an officer is required to travel on duty :
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. An officer in Senior management is entitled to travel by AC Ist class by train or air (economy class)
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 21.04.2003.
39. Leave Travel Concession(w.e.f. 01.05.2010)
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 inIndiaby the shortest route.
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. 01.05.2010 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 1st 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 11000 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.
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 05.05.2009).
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 28.01.2009. Refer BCC/BR/10/38 dated 04.02.2009.
41. Various Staff Loans:
Refer to Master circular No BCC/BR/97/103 dated 20.04.2005 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 01.01.2009.(Refer Circular No.BCC:BR:101/285 dated 16.09.2009.
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 04.02.2010
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 28.01.2004 and BCC:BR:98:61 dated 07.03.2006 for Clean Overdraft facility available to Confirmed Staff Members with minimum service of 3 years.
Length of Service
Eligibility Amount (Rs in Lacs)
3 to 5 Years
1.25
5 to 10 Years
3.10
10 years & Above
5.00
Revised prescribed rate of interest w.e.f. 01.07.2010(Circular No.BCC:BR102/167 dated 22.06.2010
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 dated14.05.2010.)
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 01.02.2010 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.
.
(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 01.02.2010 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 17.03.2001 & BCC:BR:99/278 Dated 20.09.2007 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 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 01.06.2004 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 31.08.2007.
50. Online Promotion Test:
Refer to circular no BCC:BR:98/292 dated 19.10.2006. 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 10.11.2008) :
Category
Amount in US$
Cold Countries
Warm Countries
Officer(if single)
600
450
Only officer & Spouse
1200
900
Officer, Spouse & 1 child
1600
1200
Officer, Spouse & 2 child
2000
1500
IBTOs
300
300
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 25.11.2008 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 05.08.2004 on leave, special leave, leave for going abroad, unauthorized absence.
Maternity Leave (w.e.f. 01.05.2010) :
(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 30.05.2002, BCC:BR:96/284 dated 05.08.2004 Annexure 3 & BCC/BR/98/63 dated 08.03.2006.
56 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 03.09.2007
57. 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 14.12.2005.
58. Scheme for grant of Sabbatical Leave to Employees:
Refer to circular No. BCC:BR:98/113 dated 02.05.2006 for sabbatical leave to employees. The scheme is kept under abeyance with immediate effect vide circular No.BCC:BR:101/54 dated 10.02.2009.
59. Promotion Policy: (Circular No.BCC:BR:102/94 dated 15.03.2010)
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 7 5 4 3
II to III 5 4 3 3
III to IV 5 3 3 2
IV to V 3 2 - -
V to VI 2 2 - -
VI to VII 3 2 - -
Total Time Span 25 18 18 14
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.
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
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
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
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 (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 1976.
The details of above are recorded in our Head Office publication no. 76.
1. SCALE OF PAY (w.e.f 01/11/2007) BCC/BR/102/147 Dated 26.05.2010:
Scale I = Rs. 14500 -600 /7 - 18700 - 700/2 - 20100 - 800/7 - 25700
Scale II = Rs. 19400 - 700/1 - 20100 - 800/10 - 28100
Scale III = Rs.25700 - 800/5 - 29700-900/2 - 31500
Scale IV = Rs.30600 - 900/4 - 34200- 1000/2 – 36200
Scale V = Rs.36200- 1000/2 – 38200- 1100/2- 40400
Scale VI = Rs.42000 – 1200/4 – 46800
Scale VII= Rs.46800 – 1300/4 – 52000
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 26.05.2010 applicable w.e.f 01.11.2007
Stagnation :
a) 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 01.11.2007 will get the third stagnation increment on 01.11.2007 and another stagnation increment on or after 01.11.2008 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 01.11.2007 will get the next stagnation increment with effect from 01.11.2007 and a subsequent stagnation increment on or after 01.11.2008 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 01.11.2007 will get the third stagnation increment on 01.11.2007 and the fourth stagnation increment, on or after 01.11.2008 on their completion of six years after receipt of second stagnation increment.
2. Dearness Allowance:
On and from 01.11.2007,, 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.
3. House Rent Allowance (w.e.f 01/11/2007)
i)
Major“A”ClassCitiesand 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 1.20 % 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 01.11.2007):
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 over and State Capitals andChandigarh,Pondicherryand Port Blair
3 % of Basic Pay
Rs. 375/- p.m.
5. FPP: (w.e.f. 01.11.2007)
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 01.11.2007
Total FPP payable where bank's accommodation is provided
(A)
(B)
(C)
800/-
58/-
858/-
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.
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, which ever is later , released PQP as provided herein above.
7. Mid Academic year transfer allowance:
W.e.f 01.05.2010 it is payable @ 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 :
A) An officer deputed to serve outside the bank - 7.75% of pay with a maximum of Rs2300/- 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.
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):
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 26.05.2010.
11. Project Area Allowance(01.11.2007)
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.
12. Split Duty AllowanceL01.11.2007)
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 27th 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 27th 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 1st 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. 1st January 2004 and modified from time to time.
Pension :
All existing officers who have joined Bank of Baroda's service prior to 01.04.2010 and who have not opted for pension earlier, can exercise their option for Pension scheme under Bank Employees' Pension Regulation, 1995 dated 29th September 1995/26th March1996.
The terms of the Bank Employees' Pension Regulation,1995 dated 29th Sept.1995/26th March1996 shall not apply to the officers who join the services of Banks on or after 1st 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. 01.01.2004.
With effect from 1st May 2005, the pension of officers who retired or died while in service during the period 1st April 1998 to 31st Oct.2002 will be re-fixed based on the definition of 'Pay' as defined in clause 5 of the joint Note dated 14th Dec.1999. No arrears of pension and commuted value of
Pension will be payable on account of such re-fixing of pension.
With effect from 1st May 2005, the pension of officers who retired or died
While in service during the period 1st November 2002 to 30th April 2005 will be re-fixed based on the definition of 'Pay' as defined in clause 6 of the Joint Note dated 2nd June 2005. 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 01.04.2010 : (Circular BCC:BR:102/96 dated 25.03.2010)
The scheme shall be one as governed by the “Contributory Pension Scheme” introduced for employees of central Government w.e.f. 1st January 2004.
14 Non refundable withdrawal from Provident fund –
All confirmed employees and regular member of PF Trust of the Bank who have
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 26.08.2008
15. Medical Aid ( w.e.f. 01.11.2007)
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. 01.05.2010)
It shall be in terms of the Hospitalization Scheme laid down under Bipartite settlement dated 27th April, 2010 for workmen employees, subject to following limits: -
Scale
Limits
A) JMG/S I and MMG/S II & III
(i) Bed charges
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 26.05.2010.
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.
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 12.06.2003 & HO/BR/96/174 dated 23.08.2004. 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 01.11.2007 (BCC/BR/99/335 Dated 03/11/07):
City Class Delhi & Major “A” Area I Area II Other
Mumbai Centers
Scale I 12000 10000 8000 4500 3500
Scale II 13000 11000 8500 5000 4000
Scale III 13000 11000 8500 5000 4000
Scale IV 15000 13000 10500 6500 --
Bank provides payment of maximum 6 months rent as refundable deposit to landlords, wherever required. Refer HO/BR/95/57 dated 29.03.2003.
20. 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 30.06.2003.
& BCC/BR/103/365 dt 30.12.2011
21. Recovery of House / Furniture Rent (w.e.f. 01/11/07):
I. House Rent recovery shall be @ 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 30.01.2006.
Rates for Standard Rent applicable as on date are as under :
S. No
RangeofLivingArea ( in sq. mt.)
Standard Rent (Rs.)
1
Up to 50
183
2
51 to 60
241
3
61 to 75
279
4
76 to 90
387
5
91 to 105
520
6
106 to 120
632
7
121 to 150
773
8
151 to 180
924
9
181 to 225
1087
10
226 to 300
1557
11
301 to 400
1924
12
401 to 550
2290
13
Beyond 551
2672
( 1 sq. mt. = 10.76 sq. ft.)
II. Furniture rent recovery shall be @ 0.25% of the first stage of the scale of pay in which officer is placed.
22. Entertainment Expenses (BCC:BR/102/169 dated 22.06.2010)
The revised rate as under is payable from financial year 2010-11 :
Scale
Officers at Administrative office & Branches(Rs./p.a.)
Branch Head
Existing
Revised
Existing
Revised
JMG/S I
3600
4600
4200
5200
MMG/S II
4200
5200
4800
5800
MMG/S III
4800
5800
5400
6400
5400*
6400*
SMG/S IV & V
6000
7300
6000
7300
TMG/S VI & VII
15000
16500
15000
16500
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/-
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 1200
24. 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 20.02.2009.
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
600
2
MMG/S III
500
3
MMG/S II
400
4
JMG/S I
350
(B) Scheme II
This Scheme would be applicable to the officers who own a vehicle –
Scale
Major A class cities
2-wheeler Car
Area I
2-wheeler Car
Area II
2-wheeler Car
Area III
2-wheeler Car
I*
35 35
30 30
25 25
20 20
II
35 35
30 30
25 25
20 20
III
35 70
30 60
25 50
20 40
25. 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 officers in Scale I/II/III Rs.1000/-
26. Lodging Expenses: (BCC:BR:100/248 Dated 11.09.2008 w.e.f.01.09.08)
Maximum room tariff permissible (excluding taxes)
Eligibility to stay
Major A class cities
Area I
Other places
Scale IV
3* Hotel
5000
3400
3000
Scale II & III
2*Hotel (Non-Ac)
3400
2600
2200
Scale I
1* Hotel (Non-Ac)
2600
2220
1800
As per BR: HRM: M-35/3795 Dated 19.11.2004 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 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 11.03.2004 & BCC/BR/104/2 DT 2.1.2012
Sr. No.
Type of Vehicle
Reimbursement Rate per K.M.
1
Four wheeler - Engine capacity of 1000 cc or more
Rs 9.00
2
Four wheeler - Engine capacity of less than 1000 cc
Rs 7.00
3
Motor cycle and scooter
Rs 4.50
4
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 22.06.2010) w.e.f. 01.07.2010
Reimbursement of conveyance on training to non residential training programmes are as under :
Centre
Existing
Revised
Mumbai,Delhi,Kolkata,Chennai
Bangalore,Hyderabad,Ahmedabad
Actual expenses
Subject to Rs.80 per working day
Actual expenses subject to Rs.125 per working day
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 08.01.08 @ 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 2007-08, w.e.f 01.02.2008 on self declaration basis (BCC/BR/100/26 Dated 30.01.2008):
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 2008-09 w.e.f. 01.02.09 on self declaration basis (BCC/BR/101/53 dated 13.02.2009
Sl.NO.
Grade / Scale
Amount (Rs.)
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 30.12.11:::: Officers staying in own house: Scale I 200/-, II- 300, III-300, IV-400, V&VI-500;, Scale VII-600
31. Kit Allowance
Branch heads are entitled to get Kit Allowance as under for the Financial Year 2007-08, w.e.f 01.02.2008 on self declaration basis (BCC/BR/100/26 Dated 30.01.2008):
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.
32. Provision of News Paper & Book Facility to officers BCC:BR:101/129 dated 29.04.2009.
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 25.07.2008
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 officers/Executives
Existing Entitlement
Approved monetary ceilings
Books(p.a) Newspapers/
Periodicals
(p.m)
Yearly Combined
Entitlement entitlement
(News Papers/ of Books + News
Periodicals) papers/periodical
(p.a)
JMGS I
1000 1 daily news paper
1800 2800
MMG/S II
1500 1 daily news paper
1800 3300
MMG/S III
2000 1 daily news paper
1800 3800
SMG/S IV
2500 3 daily news papers
+ 3 periodicals
9000 11500
SMG/S V
2500 3 daily news papers
+ 3 periodicals
9000 11500
TEG/S VI
3000 3 daily news papers
+ 3 periodicals
9000 12000
TEG/S VII
5000 3 daily news papers
+ 3 periodicals
9000 14000
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. 01.03.08 (Reference BCC:BR:100/67 dated 10.04.2008).
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 29.04.2009 :
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.
15000/-
2.
Senior & Top Management
20000/-
35.. 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)
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 2.80
2.
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 29.04.2009 & BCC:BR:103/301 25.10.11
36. 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. 01.05.2010)
The following provisions shall apply wherever an officer is required to travel on duty :
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. An officer in Senior management is entitled to travel by AC Ist class by train or air (economy class)
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 21.04.2003.
39. Leave Travel Concession(w.e.f. 01.05.2010)
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 inIndiaby the shortest route.
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. 01.05.2010 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 1st 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 11000 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.
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 05.05.2009).
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 28.01.2009. Refer BCC/BR/10/38 dated 04.02.2009.
41. Various Staff Loans:
Refer to Master circular No BCC/BR/97/103 dated 20.04.2005 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 01.01.2009.(Refer Circular No.BCC:BR:101/285 dated 16.09.2009.
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 04.02.2010
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 28.01.2004 and BCC:BR:98:61 dated 07.03.2006 for Clean Overdraft facility available to Confirmed Staff Members with minimum service of 3 years.
Length of Service
Eligibility Amount (Rs in Lacs)
3 to 5 Years
1.25
5 to 10 Years
3.10
10 years & Above
5.00
Revised prescribed rate of interest w.e.f. 01.07.2010(Circular No.BCC:BR102/167 dated 22.06.2010
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 dated14.05.2010.)
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 01.02.2010 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.
.
(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 01.02.2010 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 17.03.2001 & BCC:BR:99/278 Dated 20.09.2007 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 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 01.06.2004 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 31.08.2007.
50. Online Promotion Test:
Refer to circular no BCC:BR:98/292 dated 19.10.2006. 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 10.11.2008) :
Category
Amount in US$
Cold Countries
Warm Countries
Officer(if single)
600
450
Only officer & Spouse
1200
900
Officer, Spouse & 1 child
1600
1200
Officer, Spouse & 2 child
2000
1500
IBTOs
300
300
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 25.11.2008 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 05.08.2004 on leave, special leave, leave for going abroad, unauthorized absence.
Maternity Leave (w.e.f. 01.05.2010) :
(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 30.05.2002, BCC:BR:96/284 dated 05.08.2004 Annexure 3 & BCC/BR/98/63 dated 08.03.2006.
56 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 03.09.2007
57. 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 14.12.2005.
58. Scheme for grant of Sabbatical Leave to Employees:
Refer to circular No. BCC:BR:98/113 dated 02.05.2006 for sabbatical leave to employees. The scheme is kept under abeyance with immediate effect vide circular No.BCC:BR:101/54 dated 10.02.2009.
59. Promotion Policy: (Circular No.BCC:BR:102/94 dated 15.03.2010)
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 7 5 4 3
II to III 5 4 3 3
III to IV 5 3 3 2
IV to V 3 2 - -
V to VI 2 2 - -
VI to VII 3 2 - -
Total Time Span 25 18 18 14
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.
@neh10 said:@aman256 m frm himachal basically bt presntly in chd so want chd as my posting ya...
PNB, UCO and CBI has vast presence in Himachal..depends on ur score..