Guidelines on reemployment of Ex-servicemen in Public Sector Banks/Financial services

Guidelines on reemployment of Ex-servicemen in Public Sector Banks/Financial services have been issued vide the Ministry of Finance, Department of Economic Affairs (Banking Division) (Now Department of Financial Services) OM No.261/16/89-SCT(B) dated the 30th May, 1990. The OM prescribes the following maximum age limit for recruitment of Ex-servicemen in the Public Sector Banks/Financial Institutions:

1. Security Guard/Armed Guard-45 Years

2. Clerical cadre-50 Years

3. Sub-staff cadre other than Security Guard/Armed Guard-50 Years

4. Chief Security Officer-55 Years

5. Security Officers-40 Years

The Public Sector Banks do not have any Assured Career Progression Scheme (ACP) similar to Government.

Above statement was submitted by Ministry of P,P&G in reply of undermentioned Rajya Sabha Queries:-

GOVERNMENT OF INDIA

MINISTRY OF  PERSONNEL,PUBLIC GRIEVANCES AND PENSIONS

RAJYA SABHA

UNSTARRED QUESTION NO-848

ANSWERED ON-12.12.2013

Guidelines for re employment

848 . SHRI MAHENDRA SINGH MAHRA

(a) whether Government of India has issued guidelines regarding prescribing maximum age limit for re-employment in SBI and other Public Sector Banks upto the age of 50 years in “Ex-servicemen (Re-employment in Central Civil Services and Posts) Rules, 1979;

(b) if so, the details of these guidelines and whether these guidelines are being implemented by all banks uniformly without prejudice to the ex-servicemen category; and

(c) whether ex-servicemen joining banks at the age of 50 years are being extended the opportunities for out of cadre promotions on re-employment to implement the policy of Government of Assured Career Progression (ACP) Scheme?

ANSWER

MINISTER OF STATE IN THE MINISTRY OF PERSONNEL, PUBLIC GRIEVANCES AND PENSIONS AND MINISTER OF STATE IN THE PRIME MINISTER’S OFFICE (SHRI V. NARAYANASAMY)

(a) to (c):  ** as above **

Source: Rajya Sabha