Wednesday, May 9, 2012

SABBATICAL LEAVE SCHEME FOR FEMALE EMPLOYEES (BOISLFE)

EFFECTIVE FROM       ::  01.04.2012

REFER HEAD OFFICE BRANCH CIRCULAR NO.106/20 DATED 25.04.2012

Salient Features:

1. All permanent female employees of the Bank with 5 years and above service are eligible
2. Female employees with less than 5 years of service are also eligible which will be sanctioned 
     only in exceptional circumstances
3. Those female employees who are on probation (upon their promotion from sub-staff to clerical
    cadre or from clerical to Officers' cadre) are not eligiblel
4. Purposes : a. For own medical reasons
                       b. To take care of family members/children
                       c. Fo higher studies in India or abroad
                       d. For visiting spouse in India or abroad
                       e. Any other purpose acceptable to the Bank
5. Period :      Minimum 3 months and shall not be permitted more than once in a calendar year
                       Maximum of 2 years during the entire service.
6. Application for leave shall be sent to the competent authority one month in advance.
7. Once sanctioned, the same shall be irrevocable
8. The period of leave will not be treated/reckoned as active service 
9. LTC/LFC span will not change
10. No salary, allowances, perquisites during the period of leave
11. Increment fallin due during the leave period will be deferred correspondingly.
12. No other type of leae can be prefixed o suffixed to this leave
13. The Bank reserves the right to recall the employee during the leave period without
      assigning any reason, by giving one month's notice.
14. All loan instalments/interest on various staff loans/overdraft should be paid by the
      employe from her own sources, failing which appropriate disciplinary action shall be
      initiated.
15.The employee shall submit her application for rejoining, before 30 days of the
     expiry of the leave period.
16. The employee cannot submit VRS during the period of leave.  She can do so only after
      her rejoining the duties.
17. Festival advance and all types of sundry advance shall be fully repaid before proceeding
      on leave, provided the period of leae sanctioned is 18 months or more



Wednesday, January 11, 2012

NOC for PASSPORT

Permission to Employees (Officers and Award Staff) for issuance of No Objection Certificate for obtention of passport:

Please refer to Administrative Circular No.2007-08/1 (Ref:HO:P:A:DRG:01) dated 08.06.2007 of Head Office for format for request for issuance of No Objection Certificate for acquiring Passport.



Monday, November 7, 2011

BOIREMAS

BOIREMAS - Bank of India Retired Employees Medical Assistance Scheme

ELIGIBILITY - Employee who has retirned on super annuation - Employee retired voluntarily should have completed 55 years of age or 30 years of service - Employees resigned/terminated by way of penalty, dismissed/removed/compulsorily retired are not eligible. - If husband and wife both are employed in Bank, only one can become a member of the scheme.

MEMBERSHIP FEE - 100% of last drawn basic by way of PS/DD favouring BANK OF INDIA RETIRED EMPLOYEES MEDICL ASSISTANCE SCHEME

APPLICATION should be filled in with all details such as PF Number, Address with pin code, Telephone/Mobile Number, 15 digit account number, etc.

1. Welfare year commences from 1st March to 28th/29th February of the next year

2. The member has to stake his claim fo reimbursement of expenses in the same Welfare year in which the expenses are incurred.  Reimbursement claims for previous years will not be considered.

3. Expenses incurred prior to date of acceptance of membership (date mentioned on the membership card/letter) will not be reimbursed.

4. Member can opt for reimbursement of hospitalisation expenses of for payment of insurance premium and the option once exercised is irrevocable.  If a member has not given option, his first claim will be deemed to be treated as his option exercised.

5. For reimbursement of insurance premium, xerox copy of insurance policy showing the names of insured persons and receipt of premium paid is to be submitted alongwith the application.

6. In case of hospitalisation claims, branch to send all the original bills/receipts/discharge card alongwith the application.  The amounts will be reimbursed as pereligibility.

7. Branches will not make any reimbursement.  Branches should submit the claims to Head Office .   Head Office will directly credit the respective member's account from their end.

IMPORTANT PLEASE NOTE:

FROM THE WELFARE YEAR MARCH 2013 TO FEBRUARY 2014 ONWARDS  -->

The DOMICILIARY EXPENSES would be credited to the respective accounts of all the members of REMAS by Rs.2000 (Rupees Two thousand only) every year, without insisting/submitting any declaration by the Head Office.

REFER: BRANCH CIRULAR NO.107/53 DATED 22.06.2013

CONVEYANCE ALLOWANCE

PAYMENT OF CONVEYANCE ALLOWANCE TO BLIND AND ORTOPAEDICALLY HANDICAPPED EMPLOYEES (OFFICERS AND AWARD STAFF) -

AT 5% OF BASIC PAY - SUBJECT TO MAXIMUM OF RS.400 PER MONTH WITH EFFECT FROM 18.02.2009 

REFER HO BRANCH CIRCULAR NO.103/7 DATED 15.04.2009

Wednesday, August 31, 2011

Fitment Formula

FITMENT FORMULA FOR PROMOTION FROM SUBORDINATE STAFF CADRE TO CLERICAL CADRE

(HEAD OFFICE CIRCULAR IOM REF.NO.HO:HR:IR:VGK:1-1330 DATED 08.02.2008)

Sr.No.
BP + Special Pay drawn (of permanent nature in sub-staff cadre)
From                   upto
Fitment to be given in clerical cadre upon promotion
1
5850
6049
7600
2
6050
6249
7600
3
6250
6449
8000
4
6450
6649
8000
5
6650
6899
8400
6
6900
7149
8400
7
7150
7399
8900
8
7400
7649
8900
9
7650
7899
9400
10
7900
7199
9400
11
8200
8499
9900
12
8500
8799
10500
13
8800
9099
10500
14
9100
9449
11100
15
9450
9799
11100
16
9800
10149
11700
17
10150
10549
11700
18
10550
10949
12300
19
10950
11349
12300
20
11350
11749
13000
21
11750
12149
13000
22
12150
12549
13700
23
12550
12949
13700
24
12950
13349
14400
25
13350
13749
15100
26
13750
14149
15100
27
14150
14499
15100
28
Above 14500
15800

A.      DATE OF INCREMENT : A member of subordinate staff promoted to clerical cadre will draw his future increment on the anniversary date of his last increment as member of subordinate staff, subject to the following:
i.                     Where 2 stages in subordinate staff scale, as mentioned in fitment formula above are combined for fitment with common stage in clerical scale, the subordinate staff member who is drawing lower basic pay 9of the 2 clubbed stages) will draw his future increments on the anniversary date of promotion.  The subordinate staff member who is drawing higher basic pay (of the 2 clubbed stages) will drawn his future increments on the anniversary date of his last increment as a member of subordinate staff.
ii.                   Where 3 stages in the subordinate staff scale as mentioned above are combined for fitment with commons stage in the clerical scale, subordinate staff member at the highest of the 3 stages so clubbed will draw next increment in the clerical scale immediately on fitment of salary in clerical cadre subsequent to promotion.  Their future increments will fall on anniversary date of promotion.  The subordinate staff member at the second stage (of the 3 clubbed stages) will draw his future increments on the anniversary date of his last increment as a member of subordinate staff.  The subordinate staff member at the first stage 9of the 3 clubbed stages) will draw his future increments on the anniversary of his date of promotion.

B.      TEMPORARY PERSONAL ALLOWANCE (TPA) :
I.                    If the increase in the total monthly emoluments immediately payable on promotion in the clerical scale is found to be less than Rs.500 as compared to what was payable as a sub-staff, immediately prior to promotion, the difference will be payable as TPA.  The said TPA will be reduced by 1/3rd on anniversary date of promotion to clerical cadre till it is finally wiped off on completion of 3 years from the date of promotion.
II.                  If the total monthly emoluments being paid to sub-staff (immediately prior to promotion) are more than total monthly emoluments payable on promotion, then the TPA payable will be the aggregate of the difference in total monthly emoluments PLUS increase of Rs.500, subject to reduction of the said TPA by 1/4th on the anniversary date of promotion to clerical cadre, till it is finally wiped off on completion of 4 years from the date of promotion.
III.                Where the increase in total emoluments is Rs.500 p.m. or more no TPA will be payable.
IV.                The TPA will not rank for the purpose of calculation of DA, PF/Pension, Overtime, Bonus, Gratuity etc.

C.      FIXED PERSONAL PAY (FPP) : Promotees who were drawing FPP will continue to draw the same quantum in the promoted scale (excep FPP is changed on account of wage revision or industry level settlement), till such time he reaches the maximum in the promoted cadre (clerical cadre).  On completion of stipulated one year at the maximum in promoted cadre (clerical cadre), he shall be sanctioned FPP as applicable to the higher cadre (clerical cadre) in which he is placed.








FITMENT FORMULA ON PROMOTION FROM  CLERICAL 
CADRE  TO OFFICERS’ CADRE
Sl.No.
Basic Pay in Clerical Cadre
Stage
Fitment in JM-I
1
7200 to 11100
1 to 9
14500
2
11700
10
15100
3
12300
11
15100
4
13000
12
16300
4
13700
13
16900
5
14400
14
17500
6
15100
15
18100
7
15800
16
18700
8
16500
17
19400
9
17200
18
20100
10
18500
19
20900
11
19300
20
21700
12
20100
21
22500
13
20900
22
23300
14
21700
23
24100
15
22500
24
24900
16
23300
25
25700
17
24100
26
25700
18
24900
27
25700

NOTES:
1.       The promote officer after fitment as above will draw his next increment in the officers’s cale on the anniversary date of his last increment in the clerical cadre and thereafter he will draw for the increments every year on the same date.  However in view of the clubbinf of stages in the fitment table, the employees in the lower clubbed stage of clerical scale of pay will get their next increment after promotion on the anniversary date of promotion.
2.       Those who have drawn stagnation increments and have completed more than one year at that stagnation increment stage will be given their next increment immediately on fitment at the corresponding stage in the officers’ cadre and will draw their annual increment on the anniversary date of promotion.
3.       Promotees who were drawing FPP in terms of settlement dated 29.10.1993 may continue to draw the same quantum of FPP even after promotion which shall remain frozen for the entire period of service subject to change in the quantum of FPP due to settlements.
4.       Of the promotee officer has passed CAIIB part I or both parts at the time of his promotion, notional basic pay will be arrived at by reducing the increments earned for passing such CAIIB part I or both parts in the clerical cadre and then 1 of 2 increment will be added after fitment in officers’ cadre.
5.       If at any time, the basic pay of an officer is lower than the basic pay corresponding his basic pay in the clerical scale on account of increment he would have got in the clerical scale, appropriate adjustment will be made in the officers’ basic pay as per the fitment table.
6.       If despite the fitment as given above, the emoluments drawn as an officer on promotion are less than that drawn as clerk, the difference may be protected by way of temporary personal allowance to be wiped off in 3 years, at the rate of 1/3rd of temporary personal allowance.