Bank of India Officers Service Amendment Regulations 2020: Pay scales, Special Allowance, Dearness Allowance, Professional Qualification Pay etc.

Bank of India Officers Service Amendment Regulations 2020: Pay scales, Special Allowance, Dearness Allowance, Professional Qualification Pay etc.

BANK OF INDIA
(Human Resources Department)

NOTIFICATION

New Delhi, the 26th October, 2020

No. BOl/HO/HR/IR/GS/L-241 (E).-In exercise of the powers conferred by section 19, read with sub-section (2) of section 12 of the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970 (5 of 1970), the Board of Directors of the Bank of India, after consultation with the Reserve Bank of India and with the previous sanction of the Central Government, hereby makes the following regulations further to amend the Bank of India (Officers’) Service Regulations, 1979, namely:-

1. (1) These regulations may be called the Bank of India (Officers’) Service (Amendment) Regulations,

• (2) Save as provided in these regulations, they shall be deemed to have come into force with effect from the 1st day of November,

2. In the Bank of India (Officers’) Service Regulations, 1979 (hereinafter referred to as the said regulations), in regulation 3, for clause (f), the following clause shall be substituted, namely: –

‘(f) “Family” means the spouse of the officer, wholly dependent unmarried children (including step children and legally adopted children), wholly dependent physically and mentally challenged brother or sister with forty per cent. or more disability, widowed daughters and dependent divorced or separated daughters, sisters including unmarried or divorced or abandoned or separated from husband or widowed sisters, and parents wholly dependent on the officer and in the case of a married female officer may include her natural parents or patents-in-law, but not both.

Explanation. -“wholly dependent” shall mean such member of the family having an income not exceeding Rs.10,000 per month and where the wholly dependent family members are parents, the income of any parent or aggregate income of both the parents if exceeds Rs. l0,000 per month, both the parents shall not be considered as wholly dependent on the officer;’.

3. In regulation 4 of the said regulations, for sub-regulation (6), the following sub-regulations shall be inserted, namely: –

“(6) With effect from the 1st November, 2012, the scales of pay specified against each grade shall be as under:

• Top Executive Grade

Scale VII = Rs.76520 – 2120/4 – 85000
Scale VI = Rs.68680 – 1960/4- 76520

• Senior Management Grade

Scale V = Rs.59170 -1650/2 – 62470 -1800/2-66070
Scale IV = Rs.50030 – 1460/4 – 55870 -1650/2- 59170

• Middle Management Grade

Scale III = Rs.42020 – 1310/5 -48570 – 1460/2- 51490
Scale II = Rs.31705- 1145/1 – 32850 – 1310/10- 45950

• Junior Management Grade

Scale I = Rs.23700 – 980/7 – 30560 – 1145/2 – 32850- 1310/7- 42020

Explanation.-Every officer who is governed by the scales of pay as in force as on 31st October, 2012 shall be fitted in the scale of pay set out as in this sub-regulation as on pt November, 2012 on stage-to-stage basis, or the corresponding stages from first stage onwards in the respective scales and the increments shall fall on the anniversary date as usual.

• Nothing in sub-regulations (1), (2), (3), (4), (5) and (6) shall be construed as requiring the Bank to have at all times, officers serving in all these

• With effect from 1st day of November, 2012, officers shall be paid Special Allowance as under:

• Scale I-III = 75% of Basic Pay plus applicable Dearness Allowance thereon

• Scale IV-V = 10% of Basic Pay plus applicable Dearness Allowance thereon

• Scale VI-VII = 11% of Basic Pay plus applicable Dearness Allowance thereon.

On and from the 26th day of October, 2020, the Scale of Pay and Special Allowance for the post of Chief General Manager in Top Executive Grade shall be as under:

Top Executive Grade

Scale VIII = Rs.1,03,000 -2,700/3 – 1,11,100 -2,800/l – 1,13,900

• Special Allowance

Scale VIII = 11% of Basic Pay plus applicable Dearness Allowance thereon: Provided that nothing in this sub-regulation shall be construed as requiring the Bank to have at all times officers serving in this grade.

Note: The Special Allowance referred to in sub-regulations (8) and (9) with applicable Dearness Allowance thereon shall not be reckoned for superannuation benefits, such as pension including New Pension Scheme, Provident Fund and Gratuity.”.

4. In regulation 5 of the said regulations,-

for sub-regulation (1), the following sub-regulation shall be substituted, namely:-

“(l) Subject to the provisions of sub-regulation (6) of regulation 4, on and from the 1st November, 2012, the increments shall be granted subject to the following, namely:-

• the increments specified in the scales of pay set out in sub-regulation (6) of regulation 4 shall, subject to the sanction of the Competent Authority, accrue on an annual basis and shall be granted on the first day of the month in which these fall due;

• one year after reaching the maximum in their respective Scales, officers in Scale I and Scale II, shall be granted further increments including stagnation increment in the next higher Scale only as specified in clause (c) below subject to their crossing the efficiency bar;

• officers in Junior Management Grade Scale I who have moved to Middle Management Grade Scale II in terms of clause (b) after reaching maximum of the higher scale, shall be eligible for four stagnation increments for every three completed years of service of which the first two shall be 1310 each and next two Rs.1460 each;

• officers in Middle Management Grade Scale II who have moved to Middle Management Grade Scale III in terms of clause (b) after reaching maximum of higher scale shall be eligible for three stagnation increments of 1460/- each for every three completed years of service and a fourth stagnation increment of Rs.1460/- two years after receipt of third stagnation increment:

Provided that officers who have completed two years or more after receipt of the third stagnation increment shall be granted the fourth stagnation increment with effect from the pt day of May, 2015;

• officers in substantive Middle Management Grade Scale III{those recruited in or promoted to Middle Management Grade Scale III) shall be eligible for three stagnation increments of 1460/- each for every three completed years of service and fourth stagnation increment of Rs.1460/- to

officers who have completed two years or more after releasing third stagnation increment as on 1st May, 2015 and a fifth stagnation increment of Rs.1460/- two years after receipt of fourth stagnation increment provided that the officers who have completed two years after receipt of the fourth stagnation increment shall be granted the fifth stagnation increment with effect from 1st May, 2015;

(f) officers in Senior Management Grade Scale-IV shall be eligible for one stagnation increment of Rs.1650/- three years after reaching the maximum of scale with effect from 1st May, 2015:

Provided that such increments shall not be allowed to an officer who refuses promotion when offered.

Explanation.-Grant of such increments in the next higher scale under this sub-regulation shall not amount to promotion and the privileges, perquisites, duties and responsibilities of the officers shall continue as of their substantive posts.”;

• in sub-regulation(2), in the Explanation, after clause (t) and before the Note, the following clause shall be inserted, namely:-

“(g) on and from the 1st day of November, 2012, other things being equal, the quantum of Professional Qualification Pay shall stand revised as specified in the table below:

TABLE

  Provided that an officer acquiring Junior Associate of Indian Institute of Bankers or Certified Associate of Indian Institute of Bankers (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 of Professional Qualification Pay and the release of subsequent installments of Professional Qualification Pay shall be with reference to the date of release of first installment of Professional Qualification Pay”;

• in sub-regulation (3), after the table under clause (e), the following shall be inserted, namely:-

“(f) on and from the 1st November, 2012, other things being equal, Fixed Personal Pay together with House Rent Allowance shall be at the following rates and shall remain frozen for the entire period of service:

TABLE

Note : “(i) Fixed Personal Allowance or Fixed Personal Pay as indicated under column (3) of the tables in clauses (b), (c), (d), (e) and (f) of this sub-regulation shall be payable to those officer who are provided with Bank’s accommodation.

• Fixed Personal Allowance or Fixed Personal Pay for officers eligible for House Rent Allowance shall be the aggregate amount specified under columns (1) and (2) of the table under clause (f) and House Rent Allowance drawn by the concerned officer when the last increment of the relevant scale of pay as specified in sub-regulation (2), (3), (4), (5) and (6) of regulation 4 is

• Only Officers who were in the service of the Bank on or before 1st November, 1993 shall be eligible for Fixed Personal Pay one year after reaching the maximum scale of pay they are

• On and from the 1st November, 1999 there shall be no change in the schedule of release of Professional Qualification Pay as in Explanation (c) of sub-regulation (2) on account of release of Fixed Personal Pay:

Provided that where any installment of Professional Qualification Pay which on account of the earlier provisions has been shifted by a year and is scheduled for release on or after 1st November, 1999,it shall be released to the officer on and from that date and second installment of Professional Qualification Pay, if any, shall be released on the 1st November, 2000.

• The increment component of Fixed Personal Allowance or Fixed Personal Pay shall rank for superannuation

• An officer who has earned the advance increment as in clause (a) of this sub-regulation shall draw the quantum of Fixed Personal Allowance or Fixed Personal Pay as mentioned in clauses (b), (c), (d), (e) or (f) above, one year after reaching the maximum of the scale.

(g) On and from the 26th day of October, 2020, other things being equal, the fixed personal pay together with House Rent Allowance, if any, for the post of Chief General Manager in Top Executive Grade Scale-VIII shall be at the rates given in the table below and shall remain frozen for the entire period of service:

TABLE 

 For regulation 7, the following regulation shall be substituted, namely:-

“7. Categorisation.—( I) On and from the 26th day of October, 2020 and subject to the provision of regulation 6, the various posts of officers in the Bank shall be categorized as specified in the table below:

TABLE

  (2) If any difficulty or anomaly arises out of the above categorization, the same shall be referred to a Committee consisting of the Managing Director and Chief Executive Officer and such other person or persons as may appointed by the Central Government for this purpose, for its decision.”.

6. In regulation 21 of the said regulations, after sub-regulation (5), the following sub-regulation shall be inserted, namely:-

“(6) On and from the 1st day of November, 2012, Dearness Allowance shall be payable for every rise or fall of four points over 4440 points in the quarterly average of the All India Average Working Class Consumer Price Index (General) Base 1960=100 at 0.10% of pay.

Explanation.- For the purposes of this sub-regulation,-

• “pay” for the purpose of Dearness Allowance shall mean basic pay including Stagnation Increments plus Special Allowance;

• Professional Qualification Allowance or Professional Qualification Pay as specified in clauses (c), (d), (e), (t) and (g) to the explanation in sub-regulation (2) of regulation 5 shall rank for Dearness “.

7. In regulation 22 of the said regulations,-

   • for sub-regulation (1), the following sub-regulation shall be substituted, namely:­

   • “(I) On and from the 1st day of November, 2012,-

where an officer is provided with residential accommodation by the Bank, a sum equal to 75 per cent of the basic pay in the first stage of the scale of pay in which he is placed or the standard rent for the accommodation, whichever is less, shall be recovered from him;

(b) where an officer is not provided any residential accommodation by the Bank, he shall be eligible for House Rent Allowance at the rates specified in the following table, namely:-

TABLE

Provided that if an officer produces a rent receipt, the House Rent Allowance payable to him shall be the actual rent paid by him for the residential accommodation in excess over 0.75 per cent. of pay in the first stage of the scale of pay in which he is placed with a maximum of 150 per cent. of the House Rent Allowance payable as per aforesaid rates mentioned in column (2) of the above Table.

NOTE: The claims of officers for House rent Allowance linked to the cost of their ownership accommodation shall also be restricted to 150 per cent. of the House Rent Allowance as hitherto.”;

• sub-regulation (2) shall be “.

8. In regulation 23 of the said regulations,-

• for sub-regulations (1), (2), (3), (4) and (5), the following sub-regulations shall be substituted, namely:-

“(1) On and from the 1st day of November, 2012, if an Officer is serving in a place mentioned in column 1 of the table below, a City Compensatory Allowance at the rate mentioned in column (2) thereof against that place shall be payable:-

• On and from the 1st day of November, 2012, the rates of special areas allowances shall be as specified in the Schedule to these

• On and from the 1st day of November, 2012, if an officer is serving in an area specified as Project Area falling in Group A or Group B, he shall be eligible for a Project Area Compensatory Allowance at the rate of 400 per month or Rs.350 per month according to the classification of area as Group A or Group B respectively.

• On and from the 1st day of June, 2015, if an officer is transferred from one place to another in the midst of an academic year and if he has one or more children studying in school or college, in the former place, he shall be eligible for a mid-academic year transfer allowance of 1100 per month from the date he reports to the latter place up to the end of the academic year in respect of all the children, provided that such allowance shall cease if all the children cease studying at the former place.

• On and from the 1st day of June, 2015, if an officer is deputed to serve outside the Bank, he may opt to receive the emoluments attached to the post to which he is deputed, or he may in addition to his pay, draw a deputation allowance at the rate of 75 per cent of pay subject to a maximum of Rs.4000 per month and such other allowances he would have drawn had he been posted inthe Bank’s service at that place:

Provided that where he is deputed to an organization which is located at the same place where he was posted immediately prior to his deputation, he shall receive a deputation allowance equal to 4 per cent. of his pay subject to a maximum of Rs.2000 per month:

Provided further that an officer on deputation to the Training Establishment of the Bank as a faculty member shall be eligible for deputation allowance at the rate of 4 per cent. of his pay subject to a maximum of Rs.2000 per month.”;

• for sub-regulation (8), the following sub-regulation shall be substituted, namely:-

“(8) On and from the 1st day of November 2012, if the working hours during a day are split with minimum interval of two hours, an officer shall be eligible for a Split Duty Allowance at the rate of Rs.200 per month.”;

• in sub-regulation (10),-

1. for the figures, letters and words “1st day of November 2007”, the figures, letters and words “1st day of November, 2012” shall be substituted;
2. for the Table, the following Table shall be substituted, namely:­

“TABLE

9. In regulation 24 of the said regulations,-

   • for sub-regulation (1), the following sub-regulation shall be substituted, namely:-

“(1) On and from the 1st day of November 2012, an officer shall be eligible for reimbursement of medical expenses for self and family on the strength of the officer’s own certificate of having incurred such expenditure supported by a statement of accounts for the amounts claimed as specified in the table below, namely:-

TABLE

Note:- (i) an officer may be allowed to accumulate unavailed medical aid so as not to exceed at any time three times the maximum amount provided above; or

• for the year 2012, the reimbursement of medical expenses under the medical aid scheme shall be enhanced proportionately for two months, that is, November, 2012 and December, 2012.

(lA) An Officer shall be eligible for Medical Insurance facility for self and his family, as per terms and conditions specified by the Board.”.

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