COMMON CHARTER OF DEMANDS FOR 9TH BIPARTITE SETTLEMENT ON
REVISION OF WAGES AND SERVICE CONDITIONS OF BANK EMPLOYEES
1. BASIC PAY:-
a) Increase / Revision of Basic Pay by merger of D.A. payable at average Index for the
Quarter July-September 2007.
b) After Merger new Pay Scales to be arrived at by adding 40% to Clerical Staff and
45% to Subordinate Staff.
c) 10 Stagnation increments – once in 2 years for Clerical & Subordinate Staff.
d) Fitment on Stage to Stage basis.
2. DEARNESS ALLOWANCE:-
a) Same D.A. formula to continue.
3. HOUSE RENT ALLOWANCE:-
a) H R A to be paid at the same rate on the revised Pay.
b) Introduction of Leased Accommodation to employees.
c) Payment of HRA on Capital Cost / Rent receipt basis upto 150% of normal
d) Where accommodation is provided by Bank to employees residing in Bank’s
Quarters / Project Areas no recovery to be done from salary. Difference in HRA after
reducing the standard rent should be paid to such employees.
e) Payment of HRA in branches in SEZ/NEZ/EPZ to be made at par with Project Areas.
4. CITY COMPENSATORY ALLOWANCE:-
a) Same percentage of CCA on revised Basic Pay.
b) Revised ceiling of minimum and maximum on CCA.
c) Definition of CCA Centres:
i) Higher centres : 10 Lacs and above + Goa
ii) Lower centres: 2 Lacs + State Capitals, Chandigarh, Port Blair, Pondicherry.
5. SPECIAL PAY:-
a) Same Increase as Basic Pay.
b) EQP/PQP/FPP to be revised on the same basis.
c) Substaff – Additional increment for additional qualifications.
6. TRANSPOT ALLOWANCE:-
a) To be increased to Rs. 1000 per month
b) Reimbursement of Petrol cost upto 25 litres per month.
7. MEDICAL AID & HOSPITALIZATION:-
a) Increase in Annual Medical Aid to Rs. 3000.
b) Improvements in Hospitalization Expenses Reimbursement Scheme.
c) ‘Family’ definition to be enlarged.
d) Increase in income limit to determine dependency.
e) 100% reimbursement of actual expenses to employees & family members.
f) Enlargement of treatments covered under Domiciliary treatment.
g) Coverage of new treatments wherein surgery is done without admission as in-patient.
h) All recognized Alternative Medicine streams to be covered.
i) Revision / enlargement under Package charges scheme.
j) All pathological investigation tests as prescribed by the Doctor/ Hospital to be
covered for reimbursement.
8. LEAVE FARE CONCESSION:-
a) Liberalisation / Improvements in Class of Travel, Mode of Travel, Distance,
Periodicity, option of blocks, etc.
b) In case of employees working in North Eastern States, Jammu & Kashmir, Himachal
Pradesh, Andaman / Nicobar and Lakshwadeep Islands, Air Fare upto the main Land
Airports to be reimbursed additionally.
c) Income criteria for dependents to be suitably revised.
9. LEAVE RULES:-
a) Improvements in Leave Rules, conditions, etc.
a) Special sick leave to women employees for specific gynecological ailments /
treatments within overall entitlement of maternity leave.
10. OTHER ALLOWANCES:-
Adequate increase of all existing allowances and improvements and additions.
11. LOANS & ADVANCES:-
Improvements to quantum of Staff Housing loan / Vehicle Loan and reduction in
rate of interest and increase in Festival Advances.
12. SUPERANNUATION BENEFITS:-
I) PF at 12% of Pay and DA.
II) Gratuity at 1 month pay for each completed year of service – Max. 30 months.
III) Updation of Pension of past retirees and improvements in Pension scheme.
IV) Extension of para 368 of Sastry Award to pension optees.
13. PART TIME EMPLOYEES:-
a) All part-time employees on consolidation wages to be appointed on Scale Wages.
b) Reimbursement of Hospitalisation expenses and LFC at par with full time employees.
c) Scheme for elevation to full time.
d) Pension to be paid on total service and not on pro – rata
14. DISCIPILNARY ACTION AND PROCEDURE:-
a) Improvement in Subsistence Allowance.
b) Punishments not to be implemented until disposal of appeal.
c) Depletion of certain clauses of settlement 10.04.2002 which are being
15.SPECIAL PROVISION FOR NORTH EASTERN STATES, LADAKH, LEH
AND OTHER AREAS:-
Improvements in Special Area Allowance payable in North Eastern States and other
difficult areas to be at par with Central Government employees.
16. OTHER DEMANDS:-
a) No contract labour to be engaged.
b) No outsourcing of Banks’ regular, routine, permanent jobs.
c) Regularisation of all temporary/casual/outsourced and contractual employees.
17. Deletion of para 522(1) of Sastry Award. Modification of para 535 and 536 of the Sastry
18. Extending Medical Aid and LFC to retired employees.
19. Introduction of 5 Day Week.
20. Allocation for Staff Welfare Schemes should be increased to 5% of Net Profit and without
any upper ceiling.
21. Introduction of intra-cadre career progression scheme for clerical and substaff.
DATE OF EFFECT:-
1st November, 2007.
Unions reserves the right to alter, amend, delete and add to the above demands.