Service Conditions of Sbi
Service Conditions for Award Staff
Specially Designed for Newly Recruited Clerks
Compiled by: Strategic Training Unit, Hyderabad
Table of Contents
Page | 2 SALARY, ALLOWANCES & OTHER PROVISIONS .............................................................................3 Reimbursements.............................................................................................................................5 LEAVE RULES...................................................................................................................................6 EMPLOYEE LOAN SCHEMES ............................................................................................................9 EMPLOYEE WELFARE SCHEMES ...................................................................................................11 LINKS .............................................................................................................................................12
Disclaimer: While every care has been taken to accurately assimilate all the Bank 's prevalent instructions related to the topics covered here and wherever possible specific references to the circulars have also been made. However, for any differences/ references, the respective Circulars/ instructions of the bank should be treated as final.
Communicate…..Collaborate…..Change…..
Service Conditions of Award Staff
SERVICE CONDITIONS FOR AWARD STAFF
We iterate some finer points of service conditions in brief for award staff:
SALARY, ALLOWANCES & OTHER PROVISIONS
(Ref: Corporate Centre eCircular No.P&HRD/178/2010-11 dt.23-6-2010) * Effective date : 01-11-2007 # Effective date : 01-05-2010 HEAD DETAILS / DESCRIPTION Salary & Allowances Basic Pay # 7200—400 X 3—8400—500 X 3—9900—600 X 4—12300— (20 Years) 700 X 7—17200—1300 X 1—18500—800 X 1—19300 Stagnation increments 7 increments of Rs.800 each @ 3 years frequency; 7th (on reaching of stagnation increment after 2 years of receiving the 6th one
Specially Designed for Newly Recruited Clerks
Compiled by: Strategic Training Unit, Hyderabad
Table of Contents
Page | 2 SALARY, ALLOWANCES & OTHER PROVISIONS .............................................................................3 Reimbursements.............................................................................................................................5 LEAVE RULES...................................................................................................................................6 EMPLOYEE LOAN SCHEMES ............................................................................................................9 EMPLOYEE WELFARE SCHEMES ...................................................................................................11 LINKS .............................................................................................................................................12
Disclaimer: While every care has been taken to accurately assimilate all the Bank 's prevalent instructions related to the topics covered here and wherever possible specific references to the circulars have also been made. However, for any differences/ references, the respective Circulars/ instructions of the bank should be treated as final.
Communicate…..Collaborate…..Change…..
Service Conditions of Award Staff
SERVICE CONDITIONS FOR AWARD STAFF
We iterate some finer points of service conditions in brief for award staff:
SALARY, ALLOWANCES & OTHER PROVISIONS
(Ref: Corporate Centre eCircular No.P&HRD/178/2010-11 dt.23-6-2010) * Effective date : 01-11-2007 # Effective date : 01-05-2010 HEAD DETAILS / DESCRIPTION Salary & Allowances Basic Pay # 7200—400 X 3—8400—500 X 3—9900—600 X 4—12300— (20 Years) 700 X 7—17200—1300 X 1—18500—800 X 1—19300 Stagnation increments 7 increments of Rs.800 each @ 3 years frequency; 7th (on reaching of stagnation increment after 2 years of receiving the 6th one
Links: The above list is just indicative and not exhaustive as per the bank’s guidelines. Please refer the relevant master circulars for any details/ guidelines. We are giving the links of complete details of service conditions in two volumes for ready reference Reference book on Award staff matters (up to 31.03.2007) Available on website of SBLC, Karnal at http://10.76.228.101:8003/Manual/AwardStaffRefBook.pdf Corrigendum and supplement to reference book on staff matters based on circulars from 01/04/2007 to 31/10/2009 Available on website of SBLC, Karnal at http://10.76.228.101:8003/Manual/supp.pdf Communicate…..Collaborate…..Change….. Service Conditions of Award Staff