Highlights of 10th Bank Bipartite Settlement

Here are the main HIGHLIGHTS of pay AND other details finalized in 10th Bipartite Settlement

Settled as : Proposed hike of 15% ‘Pay Slip Components’ which will be distributed among various components of monthly pay such as Basic Pay, Special Pay, FPP, PQP, Dearness Allowance, HRA, CCA, and Other Allowance.

1. A step towards 5 Days Banking

Holiday for 2nd and 4th Saturdays of each month

It was a good news for bankers in 10th BPS that by agreeing to work for full time on 1st 3rd and 5th Saturdays in months Holiday for 2nd and 4th Saturdays approved by IBA. Only disappointment is in a month having 5 Saturdays, there will be full working days on 3 Saturdays (first, third and fifth).

2.Special Allowance (New Allowance)

7.75% of Basic Pay. D A is payable on this allowance.

3.Leave Fare Concession

Officer shall be entitled to receive an amount equivalent to the eligible fare for the class of travel of which he is entitled up to a distance of 4500 kms (one way) for officers in JMG-Scale-I and MMG – Scale II & III and 5500 kms (one way) for officers in SMG- Scale IV & above.

Subordinate staff – 2 Year Block 2500 kms.(one way), 4 Year Block 5000 kms.(one way),

Class of fare -AC III Tier for the journey by mail/express train. By Steamer – II Class Cabin

Non Subordinate staff – 2 Year Block 2000 kms.(one way), 4 Year Block 4000 kms.(one way),

Class of fare -II AC for the journey by mail/express train. By Steamer – I Class Cabin

4.D.A. Rates (%) per slab

0.10% per slab over 4440 points

5. Halting Allowance

Halting Allowance Officers (w.e.f. 1.6.2015)

Scale 6 and above

Metro- 1800, Class A Cities- 1300, Area 1-1100 , others -950

Scale 4 and 5

Metro- 1500, Class A Cities- 1300, Area 1-1100 , others -950

Scale 1 , 2 , 3

Metro- 1300, Class A Cities- 1100, Area 1-950 , others – 800

click to Know About : 9th Bipartite Settlement

Halting Allowance Workmen

Clerical

Places with population of 12 lakhs and above and States of Goa — Rs.700

Places with population of 5 lakhs and above, State Capitals/ Capitals of Union Territories not covered in column (A) -Rs.600

Other Places- Rs. 450

Substaff

Places with population of 12 lakhs and above and States of Goa — Rs.500

Places with population of 5 lakhs and above, State Capitals/ Capitals of Union Territories not covered in column (A) -Rs.400

Other Places- Rs. 250

6.House Rent Allowance

	45 lacs & Abv.	12-45 lacs	Below 12 lacs	4th Area abolished
	%	%	%
Clerks	10.00	9.00	7.50
Sub-staff	10.00	9.00	7.50

7. Medical Aid

Medical Aid for Oficers Rs. 8000 up to Scale III & 9050 above Scale III

Medical Aid for Workmen Rs. 2200 .

8. Leave

Paternity Leave – 15 days twice in service.

Spl. Leave for hysterectamy – 60 days

9.Officer Pay Scales (Basic)

Basic Pay 23700 – 85000

Special allowance
Up to Scale III @ 7.75% + DA
Scale IV and V 10% + DA
Scale Vi and VII 11% + DA

HRA @ 7 8 9 %

CCA @ 600 and 870> 3% and 4% subject to maximum

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

Officer Scale-II Rs. 31705-1145/1-32850-1310/10-45950. Rs. 48800

Officer Scale III Rs. 42020-1310/5-48570-1460/2-51490. Rs. 64600

10 . Workmen Pay Scales

Pay Scales
Clerks	11765 – 655/3 – 13730 – 815/3 – 16175 – 980/4 – 20095 – 1145/7 – 28110 – 2120/1 – 30230 – 1310/1 – 31540
Sub-staff	9560 – 325/4 – 10860 – 410/5 – 12910 – 490/4 – 14870 – 570/3 – 16580 – 655/3 – 18545

10. Special Pay – Clerks / Substaff

Single Window Operator	820
Head Cashier II	1280
Special Assistant	1930
Bill Collector/Armed Guard	390
Daftary	560
Head Peon	740
Electrician/AC Plant Helper	2040
Driver	2370

Other allowances

Washing Allowance – Rs.150/- p.m.
Cycle Allowance – Rs.100/- p.m.
Split Duty Allowance – Rs.150/- p.m.
Hill &; Fuel – 8% Max. 1500, 4% Max. 600, 3% Max. 500
Proj Area Comp Allow. – Clerk – 250, 200 – SS – 200, 175

LFC/Hospitalisation – Dependent income Rs.10,000/-

Normal Delivery Charges Rs.50,000/-

For Part time empl Actual Service to be reckoned for Pension.

New Cashless Medical Scheme:

All employees/retires will be covered by a New Scheme which provides for full reimbursement of Hospitalization Expenses.

10th Bank Bipartite Settlement