Wednesday, May 20, 2015

Bank Xth Bipartite : Scales finalized. RBI cleared holiday for 2nd & 4th Saturdays

Distribution Chart for 10th Bi-Partite Settlement Finalised:
Revised Scale for Clerk and Substaff (Likely)
Scales: Substaff- 9560 to 18545 + 8 Stagnation Increments (each after 2 years)
              Clerical- 11765 to 31540 + 8th Stagnation Increments (1st to 5th- each after 3 years, 6th to 8th- each after 2 years)
              8th Stagnation Increment w.e.f . 01.05.2015
D.A.: 0.10% Per Slab
HRA: 10%, 9% & 7.5%. Only 3 Areas will remain (Last 2 Areas will be clubbed) 
(45 lacs and above: 10 % ;  12-45 lacs & Goa : 9 % ; other centres : 7.5 %)
Special Allowance: 7.75% of Basic Pay with DA 
Transport Allowance: Upto 15th Stage of Scale- 425, 16th Stage & above- 470
Medical Aid: 2200
Revised Scale for Officers (Likely)
1.        BASIC PAY - SCALE – I TO SCALE- VII - RS.23700/- TO RS.85000/-
REVISED BASIC PAY: EXISTING BASIC PAY X 163.335 / 100 (ROUND OFF THE AMOUNT) 

2. SPECIAL PAY - REVISED BASIC PAY X 7.75 (UPTO III); 10 (IV & V); 11 (VI &VII)/100
 
3. DA - ON REVISED BASIC PAY + SPECIAL PAY @ 33.73%
 
4. HRA – 7% (OTHER PLACES); 8% (AREA I); 9 % (MAJOR A CLASS CITIES)
 
5. CCA – RS.900/- (AREA I); RS 650 (OTHER PLACES) (IF APPLICABLE)
 
6. PQA - PART I– RS 1100 & PART II– RS 1670 PLUS DA  (AFTER REACHING TOP OF SCALE)
 
7. FPA - 163.335% INCREASE ON EXISTING. (LAST INCREMENT COMPONENT IN EACH SCALE+DA+HRA IN CASE LEASE ACCOMDATION IS NOT PROVIDED OTHERWISE LAST INCREMENT COMPONENT IN EACH SCALE+DA; AVAILABLE AFTER REACHING TOP OF SCALE.)
 
8. MEDICAL AID – RS 7900 (UPTO III); RS 10000 (IV & ABOVE)
 
9. STAGNATION INCREMENT – SCALE II & III – ONE INCREMENT ADDITIONAL IN EACH SCALE BESIDES EXISTING ONE.
 

Download Arrear Calculation Sheet for Officers (Courtesy : AIBOA)
RBI has cleared the proposal of IBA to declare 2nd & 4th Saturdays as holidays. The clearance has been sent to the Government for approval.
The joint note likely to be signed very soon, Most probably on 25th May 2015. Be with us for more news soon !

5 comments :

S.Lakshman Rao said...

More than the desired relief,approval of two holidays has the merit.Obviously they will find atleast homely with the combined relief...Effort all round... and the outcome...great going...

ARUP said...

Why only stagnation for II, III & IV

Anonymous said...

As in salary for scale I officers is running scale and maximum is maximum of scale Ii

Anonymous said...

Why stagnation increment for clerk from 1.5.15 and for officer from 1.11.12.?

Anonymous said...

what about updation of pension of retired employees? Union leaders should remember that they are tomorrow's retired employees.

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