
Type of vehicle |
Rate of reimbursement per km.
(Rs.) |
Four wheeler – Engine capacity of
1000 cc or more |
11.00 |
Four wheeler – Engine capacity of
less than 1000 cc |
9.00 |
Motorcycle and scooter |
6.00 |
Financial Aid to the
families of the employee who die while in service of the bank
Cadre |
Financial Aid (Rs.) |
Officer |
Rs. 300000 |
Compensation to Bank
Employees who are killed in Bank Robberies, Terrorist Incidents including Left
Wing Extremism
Cadre |
Amount (Rs.) |
Officer |
Rs. 20 lakhs |
Various Other Benefits:
·
Learning
Allowance: Rs.850/- pm + DA
·
Location
Allowance (Non CCA Centre):
Rs.1200/- pm
·
Special
Allowance: 26.50% (Scale I),
28.30% (Scale II & III), 30.50% (Scale IV & V) and 31.50% (Scale VI
-VIII)
·
Recovery: a) House Rent @ 0.35%, b) SFF @ 0.075%
·
Annual
Encashment of PL: 5 days (7 days for officers
above 55 years)
·
NPS
Employer Contribution increased
to 14% (out of 14%, 4% is taxable in hands of Employee)
·
Scheme
for providing financial assistance to the employees having children with
special needs: Rs. 30000/- p.a.
(HRMD 744/2024)
·
Canteen
Subsidy: Rs. 100/- per
employee per month – Payment to be made to Canteen Vendor
·
Memento
to the employees on Retirement and on Voluntary Retirement: Rs. 15000/- (Inclusive of GST)/ Rs. 100 per
employee for organizing function.
·
Providing
immediate relief to the family of the employees who die while in service
(Financial support for funeral expenses): Rs. 30000/-
·
Closing
Allowance: Rs.1500/- per
quarter
·
Mid Academic Year
Transfer Allowance: Rs. 2500/- p.m. per child with a maximum up to 2 children
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