HAND BOOK

ON SERVICE CONDITIONS

AND

OTHER BENEFITS TO OFFICERS

ALL INDIA BANK OF BARODA OFFICERS' ASSOCIATION

P R E F A C E

It imparts us immense satisfaction to bring out an updated handbook on service conditions and other benefits available to officers in Bank of Baroda. The consistent endeavour of ALL INDIA BANK OF BARODA OFFICERS' ASSOCIATION at the Bank level and through Indian National Bank Officers' Congress, our parent organization at the industry level for improvement of officers' service condition and welfare measures under the leadership of our General Secretary, Sri K.K. Nair is unparalleled in the Bank Officers' Trade Union Movement.

Our Association having the distinction of being oldest Association of officers in the entire Banking Industry has throughout its glorious existence of 51 years made sincere efforts to improve service conditions of officers.

In the recent past bank with our consultation has revised transfer policy, Promotion Policy, Housing loan limit has been revised significantly with improvement in 2nd Housing loan, rental ceilings improved to the expected level so that no officer is out of pocket, furniture scheme is revised to suit the needs of officers, introduced Branch Head Role perquisite. A great solace that ESCORT scheme has been revived and implemented to help family members of deceased officer.

This book will be very much useful to enlighten our officers particularly the newly recruited officers to know about their service conditions, Basic Pay, Dearness Allowance, Other allowances and benefits including perquisites, New Pension Scheme, Retirement Benefits, Leave Rules, Welfare Measures, Loan Schemes, Disciplinary matters and other rights and privileges of officers. One can refer to provision so that they are not deprived of their rightful entitlements.

This book is published to commemorate 52nd Foundation Day of our beloved organization.

12th September, 2015 TEAM OF ZONAL SECRETARIES

ALL INDIA BANK OF BARODA OFFICERS' ASSOCIATION

The All India Bank of Baroda Officers' Association was founded on 12th September 1964 and is the oldest Association of officers in the entire banking industry. The Association is affiliated to Indian National Trade Union Congress (INTUC) and in turn to the Indian National Bank Officers' Congress (INBOC). It is an important constituent of United Forum of Bank Unions(UFBU). AIBOBOA is recognised by the Bank as the collective negotiating organisation and is a constructive Body of Officers committed to the twin objectives – progress and prosperity of Bank and Welfare of officers. AIBOBOA through its momentous journey of 51 years with a brilliant record of service to members and constructive approach to the wider issues has played a pivotal and unparalleled role on the Bank's Business Growth. As an enlightened organization, the Association has always supported the policies of the Government and helped the management to translate them into action. It has invariably stood up against victimisation, exploitation and attack on the dignity of officers' community.

The Central Office of the Association is located in Mumbai at the following address:

All India Bank of Baroda Officers' Association

C/o Bank of Baroda

3, Walchand Hirachand Marg,

Ballard Pier, Mumbai – 400001

Telephone – 022- 226102058

Tele Fax – 022 2261 8484

Email Address : aiboboa1964@gmail.com; aiboboa@rediffmail.com

Web Site : www.aiboboa.org

Cardinal Objectives

Protecting and promoting interests, rights and privileges of members including emoluments, service conditions, welfare measures and redressal of their genuine grievances.

Principal Office Bearers

-Central Level General Secretary

-Zonal Level Zonal Secretary

-Regional Level Regional Secretary

Activities carried out through :

-Central Committee

-Zonal Committee

-Regional Committee

Structure for Redressal of Grievances :

- STRUCTURE MEETING WITH CORPORATE MANAGEMENT AT SIX MONTHS INTERVAL

- STRUCTURE MEETING WITH ZONAL MANAGEMENT AND REGIONAL MANAGEMENT AT SIX MONTHS INTERVAL

- TAKING UP GRIEVANCES WITH THE CONCERNED AUTHORITIES AS AND WHEN IT ARISES.

Communication :

(a) THROUGH CIRCULARS ISSUED BY

(i) General Secretary informing about developments at Bank level and industry level. It is widely circulated and is available on the Association's Website – www.aiboboa.org.

(ii) Issued by the Zonal Secretary covering local developments and issues.

(b) GENERAL MEETINGS :

At periodical intervals – Local, Regional and Zonal levels.

SCHEMES LAUNCHED BY THE ASSOCIATION :

- “ALL INDIA BANK OF BARODA OFFICERS' WELFARE FUND”

- “EMPLOYEES SCHEME FOR CONTRIBUTION OF RUPEES TEN PER OFFICER”(ESCORT FOR OFFICERS)

OUR ROLE :

a) Protecting and promoting Service Conditions and Welfare measures for officers.

b) Bank's Business Development and overall growth.

c) Assisting members in the case of disciplinary actions by providing Defence representatives.

d) Equipping and Coaching candidates aspiring for promotions through conducting Coaching classes, publishing Coaching Class Notes and arranging Mock interviews.

PARTICIPATIVE MANAGEMENT:-

I. At Board Levels

Nominee of the Association appointed as DIRECTOR representing officers on the Board of the Bank.

II. At the other Levels

Nominee of our representative on

1. Provident Fund Trust

2. Gratuity Fund Trust

3. Pension Fund Trust

“ONE FOR ALL, ALL FOR ONE”

BE A MEMBER OF THE ASSOCIATION

JOIN ALL INDIA BANK OF BARODA OFFICERS' ASSOCIATION

I N D E X

Sr. No. Content Page No.

1. SCALE OF PAY/FITMENT /STAGNATION 1

2. DEARNESS ALLOWANCE 2

3. HOUSE RENT ALLOWANCE 2

4. CITY COMPENSATORY ALLOWANCE 2

5. FPP 3

6. PQP 3

7. MID ACADEMIC YEAR TRANSFER ALLOWANCE 4

8. DEPUTATION ALLOWANCE 4

9. HILL AND FUEL ALLOWANCE 4

10. SPECIAL AREA ALLOWANCE 4

11. PROJECT AREA ALLOWANCE 4

12. SPLIT DUTY ALLOWANCE 4

13. PROVIDENT FUND 4

14. NON REFUNDABLE WITHDRAWAL FROM PROVIDENT FUND 5

15. NEW PENSION SCHEME 5

16. MEDICAL AID 7

17. MEDICAL INSURANCE SCHEME 7

18. MEDICAL CHECK UP SCHEME 8

19. HOUSING ACCOMMODATION 8

20. FURNITURE TO OFFICERS AT RESIDENCE 8

21. RECOVERY OF HOUSE / FURNITURE RENT 8

22. ENTERTAINMENT EXPENSES 9

23. REIMBURSEMENT OF CLUB MEMBERSHIP FEES 9

24. REIMBURSEMENT OF CONVEYANCE EXPENSES 10

25. HALTING ALLOWANCE 11

26. LODGING EXPENSES 11

27. TRAVELLING EXPENSES FOR TRAVEL IN OWN VEHICLE 12

FOR OFFICIAL DUTY

28. REIMBURSEMENT OF CONVEYANCE ON TRAINING 12

29. DISCOMFORT ALLOWANCE 12

30. HOUSE MAINTENANCE ALLOWANCE 13

31. KIT ALLOWANCE 13

32. PROVISION OF NEWS PAPER & BOOK FACILITY TO OFFICERS 14

33. BRIEF CASE TO OFFICER 14

34. COMPENSATION ON TRANSFER 15

35. EXPENSES ON TRANSFER 15

36. HALTING ALLOWANCE 16

37. MODE OF TRAVEL AND EXPENSES ON TRAVEL 16

38. JOINING TIME ON TRANSFER 16

39. LEAVE TRAVEL CONCESSION 17

40. FESTIVAL ADVANCE TO OFFICERS 18

41. VARIOUS STAFF LOANS / CONVEYANCE LOAN 18

42. CLEAN OVERDRAFT FACILITY FOR STAFF MEMBERS 19

43. STAFF HOUSING LOAN 19

44. AVAILMENT OF LOANS FORM OUTSIDE SOURCES 20

45. SCHEME FOR ENCOURAGING EMPLOYEES TO PURSUE 20

PROFESSIONAL AND COMPUTER EDUCATION

46. PREFERENTIAL INTEREST RATES ON DEPOSITS 20

47. ISSUANCE OF BOBCARD 21

48. ONLINE TRADING FACILITY 21

49. REIMBURSEMENT OF KIT ALLOWANCE FOR OVERSEAS VISITS 21

50. PAYMENT OF HALTING /DIEM ALLOWANCES TO EXPATRIATE 22

OFFICER/OFFICERS

51. SILVER SALVER SCHEME 22

52. LEAVE 22

53. UNAUTHORISED ABSENCE 25

54. SANCTION OF LEAVE AND PERMISSION TO GO ABROAD AND ISSUE OF 25

“NO OBJECTION CERTIFICATE” FOR OBTAINING/RENEWING PASSPORT

55. COMPENSATORY LEAVE 25

56. SCHEME FOR GRANT OF SABBATICAL LEAVE TO EMPLOYEES 25

57. GUIDELINE FOR PROMOTION 26

58. ASSETS LIABILITY RETURN 28

59. TERMINAL BENEFITS 29

60. ENCASHMENT OF PRIVILEGE LEAVE ON RETIREMENT 30

61. ADDITIONAL RETIREMENT BENEFIT 31

62. PRE-MATURE RETIREMENT OF OFFICER 31

63. SCHEME FOR COMPASSIONATE APPOINTMENT 31

64. ISSUANCE OF SERVICE CERTIFICATES TO RETIRED EMPLOYEES 32

65. STAFF WELFARE 32

66. HELP DESK FOR RETIRED EMPLOYEES 33

67. SEXUAL HARASSMENT AT WORK PLACE 33

68. CAREER PATH POLICY GENERALIST AND SPECIALIST OFFICERS 34

69. DISCIPLINARY MATTERS 34

70. TRANSFER POLICY 36

71. ANNUAL PERFORMANCE APPRAISAL REPORT 37

72. SCHEME FOR LEGAL & FINANCIAL SUPPORT 38

73. OBTAINING PASSPORT BY EXECUTIVES/OFFICERS 38

74. PERSONAL ACCIDENT INSURANCE POLICY 38

75. ENHANCING PRODUCT KNOWLEDGE AMONG OFFICERS 39

76. PERFORMANCE LINKED INCENTIVES FOR EMPLOYEES 39

77. INTRODUCTION OF BRANCH HEAD ROLE PERQUISITE 39

78. LIST OF BANK DISPENSARIES 39

79. HOLIDAY HOMES 40

80. SCHEMES MANAGED BY ASSOCIATION 47

81.

OFFICERS' SERVICE CONDITION IN BANK OF BARODA

Service Conditions of officers in BANK OF BARODA is governed by “BANK OF BARODA (OFFICERS') SERVICE REGULATION 1979”

(Refer Book of Instruction volume No. 13)

Officers Employees conduct, Discipline and Appeal are regulated by BANK OF BARODA OFFICER EMPLOYEES' (Conduct) REGULATIONS 1976 & BANK OF BARODA OFFICER EMPLOYEES' (Discipline and Appeal) REGULATION 1976.

Our Association Central Office has handed over to officers an exclusive publication on SALARY REVISION & REIMBURSEMENT OF MEDICAL EXPENSES FOR OFFICERS ON 25TH May 2015.

The details of above are recorded as per circular BCC:BR:107:312 dated 26/06/2015

1. SCALE OF PAY (w.e.f 01/06/2015) BCC/BR/107/312 Dated 26.06.2015 :

Scale I = 23700 980(7) 30560 1145(2) 32850 1310(7) 42020

Scale II = 31705 1145(1) 32850 1310(10)45950

Scale III= 42020 1310(5) 48750 1460(2) 51490

Scale IV= 50030 1460(4) 55870 1650(2) 59170

Scale V = 59170 1650(2) 62470 1800(2) 66070

Scale VI= 68680 1960(4) 76520

Scale VII=76520 2120(4) 85000

Fitment shall be stage to stage i.e. on corresponding stages form Ist stage onwards and the increments shall fall on the anniversary date as usual.

For details refer Salary revision circular No. BCC:BR:107/312 Dated 26.06.2015.

Stagnation :

a) Officers in JM Grade Scale I who have moved to scale of pay for MMG Scale II in terms of regulation 5(b) after reaching maximum of the higher scale shall be eligible for four stagnation increments for every three completed years of service of which first two shall be Rs.1310 each and next two Rs.1460/ each.

b) Officers in MMG/S II who have moved to scale of pay for MMG/S III in Terms of Regulation 5(b) after reaching maximum of higher scale shall be eligible for three stagnation increments of Rs.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 will get the fourth stagnation increment with effect from 01.05.2015.

c) Officers in substantive MMG Scale III i.e those who are recruited in or promoted to MMG scale III shall be eligible for four stagnation increments of Rs1460/- each for every three completed years of service 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 will get the fifth stagnation increment w.e.f 01.05.2015

d) Officers in SMGS-IV shall be eligible for one stagnation increment of Rs 1650/- three years after reaching the maximum of scale w.e.f 01.05.2015

2. Dearness Allowance:

On and from 01.11.2012,, Dearness Allowance shall be payable for every rise or fall of 4 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.

3. House Rent Allowance (w.e.f 01/11/2012)

Provided that if an officer produces a rent receipt, the House Rent Allowance payable to him / her shall be the actual rent paid by him/her for the residential accommodation in excess over 0.75 % of pay in the first stage of the Scale of Pay in which he / she is placed with a maximum of 150 % of the House Rent Allowance payable as per aforesaid rates mentioned in Column II above.

Note : The claims of officer employees for House Rent Allowance linked to the cost of their ownership accommodation shall also be restricted to 150 % of House Rent Allowances as hitherto.

4. City Compensatory Allowance (w.e.f 01.11.2012):

5. FPP: (w.e.f. 01.11.2012)

On and from 1st November 2012 FPP together with HRA shall be at the following rates and shall remain frozen for the entire period of service.

Note :

(i) FPP as indicated in “C” above shall be payable to those officer employees who are provided with bank's accommodation.

(ii) FPP for officers eligible for HRA shall be “A” + “B” plus HRA payable on the last increment of the relevant scale of pay..

(iii) The increment component of FPP shall rank for superannuation benefits.

(iv) only Officers who were in the service of the bank on or before 01.11.93 will be eligible for F.P.P one year after reaching the maximum scale of pay they are placed.

6. PQP (w.e.f 01/11/12) :

(A) Officers shall be eligible for professional qualification pay as under :

(i) Those who have passed only CAIIB - Part I / JAIIB

Rs. 670/- p.m. one year after reaching top of the scale

(ii) Those who have passed both parts of CAIIB -

(a) Rs. 670/- p.m. one year after reaching top of the scale

(b) Rs. 1680/- p.m. two years after reaching top of the scale

(B) An officer employee acquiring JAIIB/CAIIB (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 or PQP and the release of subsequent installments of PQP shall be with reference to the date of release of first installment of PQP.

7. Mid Academic year transfer allowance:

W.e.f 01.06.2015 it is payable @ Rs.1100/- per month subject to other conditions.

8. Deputation Allowance:

On and from 1st June 2015, Deputation Allowance shall be at the following rates

A) An officer deputed to serve outside the bank - 7.75% of pay with a maximum of Rs4000/- p.m.

B) An officer deputed to an organization at the same place or to the training establishment of the bank - 4% of Pay with a maximum of Rs 2000/- p.m.

9. Hill and Fuel Allowance (w.e.f. 01/11/2012):

10. Special Area Allowance (w.e.f. 01/11/2012):

At places where special area allowance is payable in terms of regulation 23(ii) of Officers' Service Regulations, 1979/1982, the said allowance shall be payable at rates as specified in Annexure V of BCC:BR:107:312 dated 26/06/2015.

11. Project Area Allowance (01.11.2012)

Project Area Compensatory Allowance shall be payable at the following rates:

Project Areas falling in Group A - Rs 400/- p.m.

Project Areas falling in Group B - Rs 350/- p.m.

12. Split Duty Allowance (01.11.2012)

Split Duty Allowance shall be payable at Rs 200/- p.m.

13. Provident Fund (w.e.f. 01/11/2012):

(a) While the officers who are presently covered under the Bank Employees' Pension Regulations, 1995/96 shall continue to contribute 10% of the pay towards Provident Fund and there shall be no matching contribution.

(b) Officers who are presently covered under Contributory Provident Fund Scheme who do not opt for Pension Scheme being made available under Joint Note dated 27th April,2010 shall continue under the contributory Provident Fund Scheme as hitherto.

(c) There shall be no Provident Fund to officers joining the services of banks on or after 1st April,2010. They shall be covered by a Defined Contributory Pension Scheme, where the officer will contribute 10% of pay plus Dearness Allowance and the Bank of Baroda will make a matching contribution. The scheme shall be Governed by the provisions of the Contributory Pension Scheme as introduced for employees of Central Government w.e.f. 1st January 2004 and modified from time to time.

14. Non refundable withdrawal from Provident fund :

All confirmed employees and regular member of PF Trust of the Bank who have Completed 10 years of Service and against whom no disciplinary action has been initiated /pending as on date of application. Purpose and quantum of non-refundable withdrawal are

Reference Circular No.HO:BR:100/130 dated 26.08.2008

15. NEW PENSION SCHEME (BCC:BR:104/6 dated 04.01.2012) :

In terms of Joint Note dated 27.04.2010 between IBA & Officers Organisations on extending another option for pension, Officers joining the services of the Bank on or after 01.04.2010 are eligible for the Defined Contributory Pension Scheme, which is similar to the one governed by the provisions of New Pension Scheme introduced for the employees of Central Government w.e.f. 01.01.2004 and as modified from time to time. Hence they are not eligible for becoming members of Bank's Provident Fund Scheme and Pension Scheme.

In view of the above, in respect of officers of the Bank who have joined the service of the Bank on or after 01.04.2010, deduction towards New Pension Scheme at the rate of 10% of Pay and Dearness Allowance from the salary with a matching contribution from Bank is being made and kept separately till the New Pension Scheme is implemented and operationalised.

Indian Bank's Association has advised that Bank's may choose the Government Sector Pension Fund Model Scheme(PFMS) as the Joint Note and signed at industry level provides for a scheme which will be as governed by the provisions of the New Pension Scheme introduced for Central Government Employees.

Bank has decided to implement and make New Pension Scheme (NPS) operational who have joined the Bank's service on or after 01.04.2010 under Government Sector Model through Bank of Baroda as Point of Presence (POP).

Accordingly, the Board of Directors has authorised the Bank to implement and make NPS Scheme operational for employees who have joined the Bank's service on or after 01.04.2010, under Government Sector Model through Bank of Baroda as Point of Presence(POP)

Bank has already enlisted itself as a Point of Presence (POP) in order to enable the Bank for opening of Permanent Retirement Account and obtaining Permanent Retirement Account Number (PRAN) for every staff member joining the Scheme. Head Office Baroda is arranging to forward the APPLICATION FORM for SUBSCRIBER REGISTRATIION for filling the same by the employees who have joined on or after 01.04.2010 and who are still in service. Bank has chosen Government Sector Pension Fund Model Scheme (PFMS). Details guidelines for submission of application form are given in the circular. Last date 31.01.2012.

BRIEF SALIENT FEATURES OF THE NEW PENSION SCHEME (GOVERNMENT SECTOR MODEL)

• The new Pension Scheme will work on defined contribution basis and will have two Tiers i.e. Tier I & II.

• The contribution to Tier I will be mandatory for all the members of the scheme whereas contribution to Tier II will be optional and at the discretion of the employee.

• At present Tier II Fund is not operational as the modalities of the same are yet not finalized by the Government. All members of the scheme will be advised suitable, as and when the modalities of Tier II Fund are finalized.

• In Tier I Fund, the members of the scheme are required to make contribution of 10% of his/her Basic Pay and Dearness Allowance which are being deducted from their Salary and Bank is making an equal matching contribution towards the said fund.

• Contribution in Tier I will be kept in non-withdraw able Pension Account.

• There will be a Central Record Keeping Agency.

• There will be three Pension Fund Managers namely :

a) LIC Pension Fund Limited

b) SBI Pension Fund Limited

c) UTI Retirement Solutions Limited

• The deployment of Funds will be done by NPS Trustees among LIC Pension Fund Limited, SBI Pension Fund Limited and UTI Retirement Solutions Limited. The current allocation of the fund is in proportion of 35%, 33%, and 32% respectively. The maximum equity exposure is restricted to 15%.

• Employees can exit at or after 60 years of age from Tier I Fund. 40% of Pension Wealth Fund mandatory for investment on exit. This will provide for pension for lifetime and his/her dependent..

• To leave the scheme before 60 years of age, 80% of the Pension Wealth Fund is mandatory for investment.

16. Medical Aid ( w.e.f. 01.11.2012)

On and from Ist Nov. 2012, reimbursement of medical expenses shall be as under:

A) Officers in JMG & MMG Scales - Rs. 8000/-p.a.

B) Officers in SMG & TEG Scales - Rs. 9050/- p.a.

17. Medical Insurance Scheme for Officers in lieu of the Existing Hospitalisation Scheme.

Details Guideline in respect of the implementation of Medical Insurance Scheme is awaited particularly regarding lodgement of claim under this policy.

The scheme covers Employees+Spouse+Dependent children+any two of the dependent Parents/Parents-in-law.

• No age limit for dependent children (including step children and legally adopted children).

• A child would be considered dependent if his/her monthly income does not exceed Rs. 10000/- per month;

• Widowed Daughter and dependent divorced/separated daughters, sisters including unmarried/divorced/abandoned or separated from husband/widowed sisters and Crippled Child shall be considered as dependent for the purpose of this policy.

• Physically challenged Brother/Sister with 40% or more disability shall also be covered as Dependent.

• No age limits for dependent parents. Any two, i.e., either dependent parents or parents-in-law will be covered as dependent.

• Parents would be considered dependent if their monthly income does not exceed Rs. 10000/- per month or as revised by Indian Banks Association in due course, and wholly dependent on the employee as defined in this scheme.

Sum Assured under this scheme is Rs. 4,00,000/- (Rupees Four Lacs).

(Details of the scheme is available in Annexure IV of circular dated BCC :BR:107:312 Dated 26/06/2015.)

18. Medical Check up scheme for the employees of 45 years of age and above.

Full time confirmed employees of 45 years of age and above with their spouse are eligible for medical check up once in 2 years in the approved diagnostic centre. Maximum amount payable for medial check up is Rs.3000/-.

In Bihar Region following 2 centres are identified.

(i) M/s Harsh Advance Diagnosis and Research Centre, Patna.

(ii) M/s Apollo Clinic, Patna.

19. Housing Accommodation :

Housing Accommodation is provided to officers on lease basis with following ceiling w.e.f 01.03.2015 (BCC/BR/107/90 Dated 27/02/2015):

City Class Delhi Mumbai Major “A” Area I Area II Other Centers

Scale I 19000 20000 17000 13000 10000 7500

Scale II 20000 22000 18000 14000 11000 8500

Scale III 20000 22000 18000 14000 11000 8500

20. Furniture to Officers at Residence :

All officers who live in accommodation owned by the bank, leased to the bank or leased in the name of the officer and reimbursement by the bank are eligible to avail this facility subject to revised limits as under.

The above ceilings are inclusive of all taxes ,transportation & other charges incurred for delivery of the furniture provided not paid/reimbursed.For details refer to BCC/BR/107/55 dated 05-02-2015

21. Recovery of House / Furniture Rent :

I. House Rent recovery shall be @ 0.75% of the first stage of the scale of pay in which officer is placed or the standard rent for the accommodation, whichever is less. Reference BCC/BR/107/312 dated 26.06.2015

Rates for Standard Rent applicable as on date are as under :

( 1 sq. mt. = 10.76 sq. ft.)

II. Furniture rent recovery shall be @ 0.15% of the first stage of the scale of pay in which officer is placed.

22. Entertainment Expenses (BCC:BR/102/169 dated 22.06.2010)

The revised rate as under is payable from financial year 2010-11 :

The reimbursement is to be made to the officers proportionately on quarterly basis, on submission of declaration.

• At very large and exceptionally large branches.

23. Reimbursement of Club membership fees:

Following amount is reimbursable:

Admission fees Entitlement (Rs)

All Officers 3000/-

Subscription fee Annual Ceiling (Rs)

(A) Branch Managers

Exceptionally Large Branches 2700/-

Very Large Branches 2400/-

Large Branches 2100/-

Medium Branches 1800/-

Small Branches 1500/-

(B) Others

TEG/S VI & VII 3000/-

SMG/S V 2400/-

SMG/S IV 2100/-

MMG/S III 1800/-

MMG/S II 1500/-

JMG/S I 1200/-

24. Reimbursement of Conveyance Expenses: Revised w.e.f. 1.112015

All officers are entitled to get reimbursement of conveyance expenses. Reimbursement of conveyance expenses is made to officers as per actual expenses incurred by them and so declared while claiming reimbursement or the monthly limits as specified under the scheme whichever is lower (Refer BCC:BR:101/57 dated 20.02.2009.

Claim can be made within 3 months from the month it become due on declaration basis. The limit to the monetary entitlement of the officers calculated on the basis of the high octane petrol rate (premium, power etc) prevailing on the last day of the month for the eligible litres of petrol.

(A) Scheme I

This scheme would be applicable to the officers who do not own a vehicle –

SCHEME-I (Officers who do not own a vehicle)

(Limits in Rs.per month)

Scales

Existing Limits

All Areas

Revised Limits

All Areas

SMG/S-IV

600

1200

MMG/s-III

500

1000

MMG/S-II

400

800

JMG/S-I

350

700

SCHEME-II (Officers who own a vehicle)

Area where Officer is posted

Major A class cities

Area I

Area II

Area III

(Eligible litres of petrol per month)

4-Wheelers

Existing

Revised

Existing

Revised

Existing

Revised

Existing

Revised

SMG/S-IV

75

100

75

90

50

65

50

65

MMG/S-III

70

90

60

75

50

65

40

55

MMG/S-II

35

50

30

45

25

40

20

35

JMG/S-I

35

50

30

45

25

40

20

35

2-Wheelers

For all scales

35

50

30

45

25

40

20

35

Revisted from Effective Date: 01/11/2015 

25. Halting Allowance ( w.e.f. 01/06/2015 ):

Boarding Expenses:

An Officer is entitled to per 'diem' boarding expenses at the same rates for Halting allowance as given in the table above. The Officers' eligibility for Halting allowance in the event of different boarding and lodging arrangements are given below:

26. Lodging Expenses: (BCC: BR: 100/248 Dated 11.09.2008 w.e.f.01.09.08)

As per BR: HRM: M-35/3795 Dated 19.11.2004 Area Classification for halting allowances is as under:

Major A Class Cities : Greater Mumbai, Kolkatta, Delhi, Chennai, Ahmedabad, Bangalore, Hyderabad.

Area I Cities : Places with population of 12 lacs & above - Patna, Pune, Nagpur, Kanpur, Surat, Jaipur, Lucknow, Visakhapattnam, Baroda, Kochi, Indore, Bhopal, Ludhiana, Coimbatore, Madurai, Agra, Varanasi.

Other Places: Places other than Major A Class & Area I cities.

Other conditions

When food bill and Hotel bill both produced : 1/4 Diem Allowance

When only Hotel bill produced : 3/4 of Diem Allowance

When only food bill produced : 1/2 of Diem Allowance

When no food bill / Hotel bill produced : Full Diem Allowance

For major A class cities executives may be reimbursed actual lodging expenses maximum to the extent of 150% of the applicable ceiling.

27. Traveling Expenses for Travel in Own Vehicle for Official Duty (Circular No.BCC:BR:104/2 dated 02.01.2012

The following rates are applicable for reimbursement of traveling expenses for travel in own vehicle for official duty, shifting of own vehicles by road on transfer & for availing LTC

Above is effective from 30Th Sept.2011.

For use of own vehicle, prior permission of competent authority is required.

28. Reimbursement of conveyance on Training : Non residential training programme (Circular No.BCC:BR:102/168 dated 22.06.2010) w.e.f. 01.07.2010

Reimbursement of conveyance on training to non residential training programmes are as under:

29. Discomfort Allowance

Officers working in 8 a.m. to 8 p.m. branches and attending office in shifts only are eligible to get Discomfort Allowance w.e.f 08.01.08 @ Rs. 75/- per day as per administrative guidelines.

30. House Maintenance Allowance

Officers who have occupied Bank's house or leased house of Bank, are entitled to get House Maintenance Allowance as under for the Financial Year 2007-08, w.e.f 01.02.2008 on self declaration basis (BCC/BR/100/26 Dated 30.01.2008):

Officers who have acquired house on leased in personal name as per Bank's Scheme, are entitled to get House Maintenance Facility as under for the Financial year 2008-09 w.e.f. 01.02.09 on self declaration basis (BCC/BR/101/53 dated 13.02.2009

Bank has also decided to extend the facility of reimbursement of House Maintenance expenses to all Executives and Officers who are staying in their own accomodation as under (BCC:BR:103/366 dated 30.12.2011)

The above facility shall be extended to officers on Bank of Baroda achieving net profit of rs.1000/- crore or more. Facilities are on annual basis and subject to review every year after finalization of Annual Results. Bank has since decided to dispense with the above stipulation and continue to reimburse.

31. Kit Allowance

Branch heads are entitled to get Kit Allowance as under for the Financial Year 2007-08, w.e.f 01.02.2008 on self declaration basis (BCC/BR/100/26 Dated 30.01.2008):

The above facility shall be extended to officers on Bank of Baroda achieving net profit of rs.1000/- crore or more. Facilities are on annual basis and subject to review every year after finalization of Annual Results. Bank has since decided to dispense with the above stipulation and continue to reimburse.

Revision in kit Allowance and Allowance for unaccompanied Baggage for Officers/Executives selected for overseas posting:The Quantum of kit Allowance to be made uniform across countries w.e.f. 01/04/2012 as under instead of giving separate allowance for warm & cold countries:Refer Circular No BCC:BR:104/252 dated 10/07/2012

Category Amount in US $

1) Officer who is single 900

2) Officer accompanied by spouse 1800

3) Officer accompanied by spouse & a child 2400

4) Officer accompanied by spouse & two children 3000

32. Provision of News Paper & Book Facility to officers BCC:BR:101/129 dated 29.04.2009.

Following annual ceilings are now stipulated for officers/executives for reimbursement under this head.

33. Brief case to Officer:

One brief case with a cost ceiling of Rs. 1500/- (including tax) can be claimed by every officer in Scale I, II and III, once in two years on declaration basis w.e.f. 01.03.08 (Reference BCC:BR:100/67 dated 10.04.2008).

Executive in Scale IV can claim one brief case with a cost ceiling of rs.2000/- once in two years and one executive attache with a cost ceiling of Rs.4000/- once in three years.

Perquisites to Chief Manager SMG/S IV :

Following perquisites are available to Chief Managers

34. Compensation on Transfer ( BCC:BR:107/312 dated 26.06.2015) :

With effect from 01-06-2015 an officer on transfer will be eligible to draw a lump sum amount, as indicated below, for the expenses connected with packaging, local transport, insurance etc.

35. Expenses on Transfer :

An officer on transfer will be reimbursed his expenses for transporting his baggage by goods train up to the following limits: -

Where an officer on transfer transports his baggage by Lorry, for the purpose of reimbursement of actual charges, the maximum Limit in cases where 'full wagon' is applicable shall normally be 60 quintals by goods train. However, where the expenses incurred are beyond such maximum, the bank may, keeping in mind the hardship involved to the officer concerned, reimburse the actual expenses incurred on the basis that the maximum charges for transport of goods in an -8- wheeler wagon would be 120 quintals provided the baggage is transported through approved transport operators. Reimbursement of expenses would be made at following rates :

Note: The above rates do not apply on a slab basis.

One Tonne = 1000 Kgs

Reference BCC:BR:101/129 dated 29.04.2009.

36. Halting Allowance :

In terms of the guidelines from the Govt. Of India, reimbursement of maximum 15 days halting allowance is permissible in case no residential accommodation is made available by the bank to officer at the new place of posting.

37. Mode of Travel and Expenses on Travel ( w.e.f. 01.06.2015)

The following provisions shall apply wherever an officer is required to travel on duty:

I. An officer in JMG is entitled to travel by Ist class or AC 2 - tier sleeper by train. He may, however, travel by air (economy class) if so permitted by competent authority, having regard to the exigencies of business or public interest.

II. An officer in MMG is entitled to travel by Ist class or AC 2 - tier sleeper by train. He may, however, travel by air (economy class) if the distance to be covered is more than 1000 kms. May travel for shorter distance if so permitted by competent authority.

III. An officer in Senior management is entitled to travel by AC Ist class by train or air (economy class).

IV. The Competent Authority, having regard to the exigencies of business, may authorize any other officer to travel by his own vehicle or by taxi or by the Bank of Baroda's vehicle.

Vide BCC/BR/106/444 Dated 14/11/2014,TE/DA Bills, medical Bills & LTC Bills of Branch/unit heads are to be processed and passed at HR shared services CPC & sanction for payment will be issued by the HRCPC.

38. Joining Time on Transfer :

I. An officer shall be eligible for joining time on one occasion, not exceeding seven days, excluding the number of days spent on travel.

II. An officer may be permitted to avail joining time in maximum two installments provided he avails the same within 12 months from the date of his reporting to the new place of posting and the total joining time does not exceed 7 days. On both the occasion the joining time should be for the purpose of shifting family / goods and other incidental activities connected with shifting / transfer and not any other purpose.

III. Officer is eligible for diem allowance for the period of days spent on travel when he is reporting for the first time to the new place of posting.

IV. No joining time is admissible when an officer on transfer does not shift their residence to the new place of posting. Refer to circular CO/BR/95/145 dated 21.04.2003.

39. Leave Travel Concession (w.e.f. 01.06.2015)

During each block of 4 years an officer shall be eligible for leave travel concession for travel to his place of domicile once in each block of two years. Alternatively, he may travel in one block of two years to his place of domicile and in another block of two years to any place in India by the shortest route.

I. The mode and class by which an officer may avail LTC shall be same as the officer is normally entitled to travel on transfer and other terms and conditions subject to which the LTC may be availed of by an officer, shall be as decided by the Board from time to time. Provided that w.e.f. 01.05.2010 an officer in JMG/S I while availing LTC will be entitled to travel by air in the lowest fare of economy class in which case the reimbursement will be the actual fare or the fare applicable to AC 1st Class fare by train for the distance traveled whichever is less. The same rules shall apply when an officer in MMG/S II and MMG/S III while availing LTC where the distance is less than 1000 kms.

BCC:BR:106/326 dated 27/08/2014-Availment of leave travel concession(LTC) by officers.

II. LTC encashment -- An officer by exercising option any time during a 4 year block or two year block surrender and encash his LTC (other than travel to place of domicile) upon which he shall be entitled to receive an amount equivalent to 100% of the eligible fare for the class of travel by train to which he is entitled up to a distance of 4500 kms (one way) to and fro journey total 9000 kms for officers in JMG Scale I and MMG Scale II & III and 5500 kms (one way) to and fro journey total 11000 kms for SMG IV and above. For encashment of LTC facility the entitled class of travel by train by officers in JMG and MMG may be taken as AC II Tier sleeper.

III. An officer in Senior Management or Top Executive Grade is entitled to travel by AC Ist class by train or by Air (economy class).

IV. The facility of encashment of privilege leave while availing of Leave Fare Concession is also available while encashing the facility of LFC/LTC.

V. Definition of family: For the purpose of LTC concession “Family” of an officer shall mean an officer's spouse, wholly dependent unmarried children (including dependent step children and legally adopted children), physically challenged brother/sister with 40% or more disability, and wholly dependent parents ordinarily residing with and wholly dependent on the officer.

The term wholly dependent child/parent shall mean such member of family having a monthly income not exceeding of Rs. 10000/ p.m.If the income of one of the parents exceeds Rs.10000/- p.m. or the aggregate income of both the parents exceeds Rs.10000/- p.m, both the parents shall not be considered as wholly dependent on the officer.

VI. Please note that LTC for travel to the place of domicile (Home Town) is not encashable. Railway grant concessional fare to Senior Citizens of 60 year of age and above, hence encashment will be considered on the basis of concessional fare only.

VII. If an officer eligible to travel by air on LTC traveled by Air) economy class), the economy air fare should be taken into account for reckoning the entitlement, irrespective of the fact whether the airline allowed any complimentary facility, including visit to an overseas place, within the economy class fare. However, on traveling by apex /concessional fare, which is normally less than the economy fare, the eligibility would be actual fare.(Refer Circular No.BCC:BR:101/133 dated 05.05.2009).

VIII. Overseas travel is not allowed to be undertaken by eligible officers while availing LTC facility.For details Refer BCC:BR:106/133 dt 01/04/2014.

40. Festival Advance to officers :

A confirmed officer is eligible for Festival advance up to one month emoluments in one calendar year

41. Various Staff Loans :

Refer to Master circular No BCC/BR/97/103 dated 20.04.2005 for all Staff Loans excluding Staff Housing Loan and Clean Overdraft facility for staff.

a) Take over of educational loan availed by Campus Recruitees :

Bank of Baroda has decided to offer to take over educational loan of officers recruited from campus on or after 01.01.2009.(Refer Circular No.BCC:BR:101/285 dated 16.09.2009. and subsequent circular No BCC:BR:102/310 dated 8.11.2010 with revised guidelines.

b) Revision of scheme of Conveyance loan to officers :

For -4- wheelers :

New Vehicle Loan Scheme for Officers-“Baroda Vehicle Loan For Young Officers”

Baroda Vehicle Loan for Young Officers-Clarifications-Vide BCC:BR:105/382 Dated 02/09/2013

Eligibility :- Newly Recruited Officers in Scale II/Scale III drawing Basic pay of Rs 19400/- per month or more, but not eligible to avail staff Vehicle Loan because of eligibility requirement of -3-years of confirmed service under staff Vehicle Loan scheme are also eligible for loan under the scheme.

For -2- Wheelers :

42. Clean Overdraft facility for Staff Members:

Refer to Master circular No BCC:BR:96:48 dated 28.01.2004 and BCC:BR:98:61 dated 07.03.2006 for Clean Overdraft facility available to Confirmed Staff Members with minimum service of 3 years.

Rate of Interest w.e.f. 01.07.2010(Circular No.BCC:BR102/167 dated 22.06.2010

43. Staff Housing Loan : Revised scheme

(a) Regular Housing Loan : (:(circular No.BCC:BR:106/484 dated08/12/2014.)

The above revisions shall be applicable w.e.f 01.12.2014 Group Life Insurance cover shall be made applicable for all staff Housing loan a/cs being sanctioned under this revised scheme .The premium for the same shall be borne by the employees & the one time premium amount may be included as part of the overall loan component, at the option of the borrower.

Retail Asset Product “ Baroda Additional assured Advance (AAA)-Modified Guidelines-All Existing Home Loan Borrowers including Staff & Ex-staff Members (availed home loan under public scheme as well as Staff Housing Loans)whose asset classification is standard are eligible for availing further housing loan to the tune of 90% of the amount already repaid. Please refer to BCC:BR:104:289 dated 14/08/2012

(b) Additional Housing Loan : ( For Repairs, Maintenance, Enlargement, Renovation) - Revised Scheme - BCC:BR:107/117 09/03/2015

(c) Permission to acquire a 2nd house within the overall loan ceilings under staff housing loan

Bank has permitted to avail staff Housing loan for purchase of a 2nd house within the overall max. revised limit stipulated for the staff housing loan

44. Availment of Loans from Outside Sources :

It is mandatory for all employees to take prior permission of the Bank for availing of any loans from outside sources.

45. Scheme for Encouraging Employees to Pursue Professional and Computer Education, through Correspondence, Part-time & Distance Learning:

Refer to Master Circular No BCC:BR:96:208 dated 01.06.2004 for above scheme.

Bank has introduced HRnes-HRMS-Online Application for permission to pursue Professional/IT courses-BCC BR/106/140 04/04/2014

46. Preferential Interest Rates on Deposits:

The Bank may allow one per cent additional rate of interest over its ruling rate of interest on fixed deposits, saving deposits and recurring deposits in the name of an officer, individually or jointly with any member of his family.

Bank has issued fresh guidelines for providing staff rates & senior citizen rate on term deposits vide circular No HO:BR:106:36 dated 12/02/2014.

Vide HO:BR:106:143 Dated 28/07/2014 , additional rate of Interest to staff members or retired staff members is available only in case the a/c is held singly or jointly with family members where the staff member/retired staff member is the Principal account Holder.

47. Issuance of Bob Card:

For the officers in Scale I to IV BOBCARD Exclusive or BOBCARD Gold is issued free of cost.

48. Online Trading Facility- “ Baroda e-Trading”-Special Rates for Staff:

For concessions refer to circular no BCC:BR:99/261 dated 31.08.2007.

49. Reimbursement of Kit Allowance for Overseas Visits

Officers/Executives identified for overseas postings on regular basis are reimbursed Kit Allowance in equivalent Rupees on self declaration basis as under (Reference BCC: BR: 100/322 Dated 10.11.2008 & Revised guidelines as per Circular No. BCC: BR:103/189 dated 5th July,2011.(w.e.f. 01.04.2011)

Area I – US, Japan, Canada & Europe

Area II – All countries other than Area I countries.

50. Payment of Halting /Diem Allowances to Expatriate Officer/Officers in India and visiting Foreign Countries for official Purpose :

Please refer Master Circular No.BCC:BR:100/341 dated 25.11.2008 with reference to above matters.

Revision of payment of Halting/Diem allowance to expatriate officers/Officers in India & visiting foreign countries for official purposes-BCC:BR:106/49-08/02/14.

51. Silver Salver Scheme :

On completion of 25 years of service bank of Baroda provides Silver Salver to the staff on immediate succeeding Bank of Baroda's Foundation day to the value of Rs.2500/-

52. Leave :

An officer is eligible for the following kinds of leave, subject to the grant of such leave being determined by the exigencies of service :

I. CASUAL LEAVE

• Eligibility 12 days with full emoluments in a year

• May be availed not more than 4 days at a time

• Casual leave not availed of in any year may be availed as sick leave in the following year with full pay. It is not necessary that the unavailed casual leave is to be prefixed or suffixed to sick leave.

• On and from 01.04.1997, Casual leave not availed of in any year may be suffixed or prefixed to sick leave in the following three years. Further w.e.f. 04.07.2001, an officer can avail unavailed casual leave not exceeding a day on grounds of sickness, without production of Medical Certificate.

II. PRIVILEGE LEAVE

• For every 11 days of service on duty, an officer is eligible for one day privilege leave.

• No privilege leave may be availed of before completion of 11 months of service on duty.

• Full emoluments are paid during the privilege leave period.

• W.e.f. 01.06.2015 privilege leave may be accumulated up to not more than 270 days except where leave has been applied for and it has been refused by the competent authority.

• An officer desiring to avail of privilege leave shall ordinarily give not less than 15 days' notice of his intention to avail of such leave.

III. SICK LEAVE

W.e.f. 01.01.1990 an officer is eligible for 30 days of sick leave for each completed year of service subject to a maximum of 18 months during the entire service.

• Accumulation is allowed upto 540 days during the entire service.

• Sick leave can be availed only on production of medical certificate acceptable to Bank. Fitness certificate is required for resumption of duty after sick leave.

• During the sick leave period an officer shall be eligible to receive one half of the full emoluments.

• Full emoluments may be paid during the sick leave period after debiting twice the number of such leave period if the officer requests so.

• The sick leave credited and earned upto appointed date under terms and conditions of service obtaining in the Bank prior to the appointed date shall be protected notwithstanding that such accumulated sick leave may exceed the ceiling of 360 days.

• Unavailed Casual Leave as Sick Leave : Regulation 32(i)

Casual leave not availed off in any year may be suffixed or prefixed to sick leave in the following three years. The availment of such unavailed casual leave in the following years is permitted on medical grounds not exceeding a day without production of medical certificate.

IV. ADDITIONAL SICK LEAVE :

W.e.f. 01.01.1989 additional sick leave at the rate of one month for each year of service in excess of 24 years of service subject of maximum of three months of additional sick leave is allowed to an officer who has put in a service of 24 years. For this purpose, service means the service spent on duty as well as on leave including loss of pay. The benefit of commutation of additional sick leave on full pay and allowances is allowed on or after 29.06.1999 in terms of Regulation 35.

V. MATERNITY LEAVE (w.e.f. 01.05.2010)

(a) Maternity leave, which shall be on substantive pay, shall be granted to a female employee for a period not exceeding 6 months on any one occasion and 12 months during the entire period of her service.

(b) Within the overall period of 12 months, leave may also be granted in case of miscarriage/abortion/MTP

(c) Within the overall period of 12 months, leave may also be granted in case of hysterectomy up to a maximum of 45 days.

VI. PATERNITY LEAVE ( w.e.f 01.06.2015)

A male officer employee with less than two surviving children is eligible for -15- days paternity leave during his wife's confinement. This leave may be combined with any kind of leave except casual leave. This leave shall be applied upto 15 days before or upto -6- months from the date of delivery of the child.

EXTRA-ORDINARY LEAVE ;

During entire period of service an officer shall be eligible for 360 days extraordinary leave on loss of pay. Such leave may not be availed of except for sufficient reasons on more than 90 days at a time. It should be duly sanctioned by the Competent Authority.

The Board may in very special cases grant leave on loss of pay upto a total period of 720 days.

VIII. SPECIAL CASUAL LEAVE AND SPECIAL LEAVE

As per Government guidelines special casual leave and special leave are granted to officers by the Board.

LAPSE OF LEAVE

All leave shall lapse on the death of an officer or if he ceases to be in the service of the Bank.

Emoluments on account of the accumulated privilege leave at the time of death of an officer shall be payable to his legal heirs.

An officer who retires from the Bank's service is permitted to encash his privilege leave accumulation at the rate of last emoluments drawn.

RECALL FOR DUTY

Competent Authority may recall an officer on leave to duty wherever the Bank deems fit to do so. An officer recalled for duty is eligible for actual expenses incurred for himself and his family members for the onward and return journey for coming back to the station.

FURNISHING LEAVE ADDRESS

An officer who has been sanctioned leave and leaves his place of duty shall furnish the address at which he can be contacted while out of station.

Refer to Master circular No. BCC:BR:96/284 dated 05.08.2004 on leave, special leave, leave for going abroad, unauthorized absence.

53. Unauthorized Absence:

For details refer to circular no CO/BR/94/133 dated 30.05.2002, BCC:BR:96/284 dated 05.08.2004 Annexure 3 & BCC/BR/98/63 dated 08.03.2006.

54. Sanction of Leave and Permission to go abroad and issue of “No Objection Certificate” for obtaining/renewing Passport:

Refer to circular No. BCC:BR:99/265 dated 03.09.2007

55. Compensatory Leave :

A. In case of working on exigencies officers may be sanctioned Compensatory Leave subject to sanction by an executive. Reference BCC/BR/97/352 dated 14.12.2005.

B. Reimbursement of Incidental Out of Pocket Expenses to Officers:

Reimbursement of Incidental Out of Pocket Expenses to Officers who are required to attend duty on Sundays & Holidays:-Reference BCC:BR:104/342 dated 22/10/2012

Metro/Urban Centres Semi-urban/Rural centres

Rs 250/- per day Rs 200/- per day

The ceiling of above reimbursement of incidental out of pocket expenses be allowed as under :

• Officers/Executives posted in Metro/Urban Branches/Officers – 10 days in calendar year.

• Officers/Executives posted in rural/Semi-urban branches/officers – 20 days in calendar year.

Notification on Bank Holidays on Second and Fourth Saturday of every month as Public Holidays for Banks in India and other Saturdays of the month will be full working day w.e.f. 1st September, 2015.

56. Scheme for grant of Sabbatical Leave to Employees:

The Bank introduced Sabbtical leave and issued circular No. BCC: BR: 98/113 dated 02.05.2006 for sabbatical leave to employees. The scheme is kept under abeyance with immediate effect vide circular No.BCC: BR: 101/54 dated 10.02.2009.

Scheme for grant of Sabbatical Leave to Women employees :

Presently Bank has introduced scheme for grant of Sabbatical Leave to Women employees of the Bank for purposes like medical grounds, care of family members, higher studies, visiting spouse etc-Refer to circular No BCC:BR:104/132 dated 19/04/2012.

Eligibility-All full time confirmed staff members(both Award staff and Officers)working in India with minimum 5 years of service in the Bank shall be eligible to apply for Sabbatical leave.

Sabbatical leave before completion of 5yrs of service shall be sanctioned to confirmed women employees only in exceptional circumstances by the Authority next above the leave Sanctioning Authority.

Mandatory Leave Policy for staff members :

All employees who have not availed leave, are required to avail Mandatory Leave for a period of minimum -10-days continuously in the remaining period during the year. Please refer to Circular No BCC :BR:107:179 dated 21/04/2015

57. PROMOTION POLICY FOR OFFICERS : Our Association Central Office has handed over a separate publication exclusively on promotion on 16th Feb 2015.

The promotion Policy for officers, Ban's Board has approved the proposed amendments and reviewed the Promotion Policy at the meeting held on 29th January, 2015. Bank has circulated the details through Circular No. BCC:BR:107/53 dated 03.02.2015.

The government of India vide Circular No. F.No. 4/11/1/2011-R dated 14th March, 2012 has issued guidelines for eligibility and methods of promotions in Public Sector Banks.

1. The channel of promotion and minimum experience requirements at various levels shall be as follows:

Selection Process :

a. No interviews or assessment of potential for promotion from Scale I to II.

b. The weightage for the different factors of promotion are as under:

Cut off date for eligibility:

The cut off date for determining eligibility as well as completed years of service will be as on 1st of April of the financial year (April-March) in which vacancies arise.

RURAL/SEMI URBAN SERVICE – PROMOTION FROM SCALE I TO II AND SCALE II TO III.

1. There shall be mandatory requirement of having completed two years of continuous service in rural areas for promotion from Scale I to II, and a total of three years in rural/semi urban areas, including the rural service in Scale I, for promotion from Scale II to III.

2. For the normal/seniority channel, officers who have put in more than the aforesaid service in rural areas will get an advantage of further relaxation of 50%.Weightage in minimum experience for each additional completed year service while assessing their eligibility.

Exemption/Relaxations – Rural/Semi-urban service: Officers (including Promotee Officers) recruited under Physically Challenged Category will be exempted from rural/semi-urban posting.

EXPOSURE REQUIREMENT : PROMOTION FROM SCALE IV TO V AND FROM SCALE AND SCALE VI TO VII

BRANCH HEAD : For being eligible for promotion to SMG/S-V, the candidates should have Branch Head exposure for at least THREE years. For this purpose, exposure as Head of SMELF, RLF, CSO, RBO, CBO, LDM, RMs of Regional Rural bank and Branch Head at Overseas Territories will be included under this criteria.

ADMINISTRATIVE OFFICE : For being promoted to TEG/S-VII, the officer should have worked as Regional/Zonal Head or must have worked, in MMG/S-III to SMG/S-V, in the Regional/Zonal Office/Head Office/Baroda Corporate Centre for TWO years. For this purpose, exposure Baroda Apex Academy and other Baroda Academies, Call Centres, Zonal Inspection Centres, Regional rural Banks, BSVS, Cheque Truncation Cells & Overseas Officers will be included as experience of Administrative Office. Further, the experience as Chairman of Regional Rural Banks/Associate Bank, Managing Directors of Subsidiaries and Overseas Territory Heads would be treated as equivalent to experience as Regional/Zonal Head.

i) For promotion from Scale III to IV and IV to V,it will be mandatory to pass an examination for Computer literacy and Computer Knowledge.

iii) It shall be mandatory to have a Group Discussion to assess Communication, Conceptual and leadership capabilities for promotion to Scale IV and V.

Rigour Policy in Promotion for Officer Employees-Vide BCC:BR:105/383 Dated 02/09/2013 implemented in Bank of Baroda

i) In case of punishment under Minor Penalty ,No rigour of punishment is prescribed for the purpose of promotion. However wherever punishment of “withholding of promotion” under Regulation 4 © of BoB Officer Employees'( Discipline & Appeal) Regulations,1976 is imposed, the period ordered by the Disciplinary Authority for withholding the promotion shall be the rigour period. By this Officer concerned shall not be considered eligible for promotion exercise during the relevant 12 months as on the cut-off date,i.e 1st of April every year.

ii) In case an Officer is imposed with the punishment of major penalty under Regulation 4 ( f) of BOB Officer Employees'( Discipline & Appeal) Regulations,1976,the rigour of punishment for the purpose of promotion shall be one year from the date of the punishment. By this Officer concerned shall not be considered eligible for promotion exercise during the relevant 12 months as on the cut-off date,i.e 1st of April every year

iii) In case an Officer is imposed with the punishment of reduction in Grade or post under Regulation 4 ( g) of BOB Officer Employees'( Discipline & Appeal) Regulations,1976, the rigour of punishment for the purpose of promotion shall be two years from the date of the punishment. By this Officer concerned shall not be considered eligible for promotion exercise during the relevant 12 months as on the cut-off date,i.e 1st of April every year.

58. Assets Liability Return (Submission is Mandatory)

Submission of Assets and Liabilities Statement as on March every year is mandatory to be submitted by all officers latest by 30th June of every year under Regulation 20 of Bank of Baroda Officers Employees (Conduct) Regulations 1976.

CARE : Non submission will be treated as Misconduct.

All Officers are required to submit their return of Assets & Liabilities Statement through HRnes-HRMS w.e.f 31/03/2014 & a hard copy of the statement filed in HRnes-HRMS duly signed by the respective officer employee should be to Regional office. Vide circular No-BCC/BR/106/106 14/03/2014.

Inclusion of Lokpal Bill (BCC:BR:107:202 Dated 02/05/2015)

Declaration of Assets and liabilities by public servants under section 44 of the lokpal and lokayuktas Act,2013 has been implemented. Presently bank has informed by circular No BCC/BR/107/404 Dated 24/08/2015 that the annual return as on 31/03/2015, which was initially required to be filed by 31/07/2015, has now been extended to 15/10/2015.

59. Terminal Benefits:

Refer to following master circular on terminal benefits like P.F, Pension and Gratuity etc:

HO/BR/96/91 dated 16.04.2004 for Provident Fund

HO: BR:96/83 dated 05.04.2004 for pension

HO/BR/96/82 dated 05.04.2004 for Gratuity

Gratuity (HO:BR:102/96 dated 26.06.2010)

Calculation of Gratuity :

One month pay for each completed year of service – Max.15 months pay plus : ½ month pay for each year beyond 30 years of service. Pay means : average of Basic Pay + Special Pay + Officiating Pay + PQP + Increment portion of FPP of last 12 months.

Ex: 10 years = 10 months pay, 15 years =15 months pay, 20yrs./30yrs.= 15 months pay.

32 yrs = 15 +1/2+1/2= 16 months pay.

40 yrs = 15 +1/2X10 = 20 months pay.

Service of 6 months and above will be reckoned as one year cannot be forfeited even in case of dismissals. But if any loss to the bank on account of misconduct, it can be recovered. Employee has right to receive Gratuity under the Act or under any award/settlement which is higher.

Payable under Gratuity Act 01.11.1997

Basic Pay / PQP

Special Pay / DA

FPP (Increment Portion)

Under Bipartite Settlement 01.11.1997

Basic Pay / PQP

Special Pay / DA = Not eligible

FPP (Increment Portion)

As per Gratuity Act :

The ceiling on amount of Gratuity payable under Sec 4 of Gratuity Act has been raised from Rs.3,50,000/- to Rs.10,00,000/- w.e.f. 24.05.2010… SC No.5680 dt.07/07/2010. Max. amount of Gratuity entitled to exemption under sub-clause (iii) of clause (10) of section 10 of Income Tax Act 1961 is Rs.10,00,000/-.

In case of Officers :

Last drawn Basic + FPP + PQA + Officiating Allowance, if any + DAX15X no. Of years of service*/26(no. of days in a month, excl. Sundays) * (If 32 years 7 months), then considered as 33 years.

Presently limited to Rs.10.00 lacs. Ex. Basic Rs.30000/- FPP Rs.600/- PQA Rs.750/- DA Rs.15000/-.

No of years of service : 3 examples :

a) 12 years service B) 26 yrs service C) 36 yrs service

Gratuity as per act :

Case A) = {(30000+600+750+15000)x15x12} / 26= 320885

Case B) = {(30000+600+750+15000)x15x26 }/ 26= 695250

Case C) = {(30000+600+750+15000)x15x36}/ 26 = 962654

(Maximum limit is Rs.10,00,000/-).

As per Bank Rule :

= Last drawn Basic + FPP + PQA + Officiating Allowance, if any x no. of years of service)/ 2

Example :

Case A) = (30000+600+750) x 12 = 376200. Because up to 15 years full months pay is eligible.

Case B) = (30000/-+600+750) x15=470250. Because service from 15 & above up to 30years, 15 months pay is payable.

Case C) = (3000+600+750) x 36/2 = 564300

Final gratuity amount payable : case A) 376200, Case B) 695250, Case C) 962654.

60. Encashment of Privilege leave on retirement :

When an officer retires/expired while in service, he shall be eligible to be paid a sum equivalent to the emoluments of any period, not exceeding 240 days, of privilege leave that he/she had accumulated/credit as on date of retirement/death.

Officers' Service Regulations-Encashment of PL to Officers-HRA Component-Clarification-Vide- BCC:BR:105/281 Dated 06/07/2013

In terms of Regulation 44(ii) of OSR , encashment of PL on LTC is calculated reckoning all the emoluments payable for the month during which the availment of LTC commences. The same analogy be applied while computing encashment of leave on retirement / death in terms of Regulation 38.However ,Officers who are provided with residential accommodation , a notional HRA will be included.

61. Additional Retirement Benefit :

An officer who was in Bank's service as on 01.07.1979, on retirement/voluntary retirement will get –6- months emoluments as additional retirement benefit if he has rendered at least –25- years of service.

62. Pre-mature Retirement of Officer:

The Bank can consider per-mature retirement of an officer under Reg.19(1) of BOBOSR, 1979. The guidelines were given in circular BCC:BR:98/243 dated 29.08.2006. The process has been reviewed by the Board of Directors and new guidelines are issued vide circular no. BCC: BR: 102/354 dated 28th December, 2010.

1. To review the officers in SMG/S IV and above for premature retirement under Reg.19 (1) of BOBOSR, 1979, once in service period, upon completing 30 years of service or reaching 55 years age, which ever is earlier, instead of reviewing every year.

2. To continue the review of the officers in JMG/S I to MMG/S III for premature retirement under Reg.19 (1) of BOBOSR, 1979, once in service period, upon completing 30 years of service or reaching 55 years age, which ever is earlier.

63. Scheme for Compassionate Appointment or payment of Ex-gratia financial Relief to dependents of deceased employees on Compassionate Grounds.

Government of India has advised through IBA to revise the existing Scheme for appointment on compassionate grounds in our Bank applicable w.e.f. 05.08.2014.

The scheme for compassionate appointment or payment of ex-gratia financial relief will be applicable to a dependent family member of a permanent employee of the Bank who:

a) Dies while in service (including death by suicide)

b) Is retired on medical grounds due to incapacitation.

The revised scheme is effective from 05.08.2014 and all the cases of death/retirement on medical grounds occurring w.e.f. 05.08.2014 shall be covered under the ambit of this revised scheme.

Compassionate recruitment may be granted to the dependent of such employees who dies/medically retires, before reaching the age of 50 years, subject to meeting income and other eligibility criteria that are specified.

Ex-gratia financial relief may be granted to the dependent of such employees who dies/medically retires after reaching the age of 50 years, subject to meeting income and other criteria that are specified.

INCOME ELIGIBILITY

The compassionate recruitment of financial relief is to be granted only if the monthly income of the family from all sources is less than 60% of the last drawn monthly salary (net of taxes) of the employees.

The ex-gratia amount payable to officer is Rs. 8.00 lacs maximum.

(Details is circulated vide BCC:BR:107:178 dated 17.04.2015)

64. Issuance of Service Certificates to Retired Employees:

On receipt of application from the retired employee along with the photograph, the Competent Authority prescribed in the circular No CO/BR/92/40 dated 21.03.2000 may issue such Service Certificate cum Identity Card to employees who have retired on super annuation or have opted for any type of voluntary retirement from the Bank's services. For details refer to HO/BR/94/157 dated 13.08.2002 and HO:BR:100/180 dated 24.06.2008.

Reducing the stipulated period for taking up commercial employment by Retired employees:

Amendment to Regulation 4(1) of the Bank of Baroda Officer Employees' Acceptance of jobs in private sector concerns after retirement)Regulations,1980/2001-Notified in Government Gazette on 07.01.2014.

Amendment to Regulation 50(1) & 50(6) of Bank of Baroda (Employees') Pension Regulations,1995-Notified in Government Gazette on 12/03/2014 ( Reducing the stipulated period for taking up commercial employment from 02 Years to 01 year)-Vide circular No-BCC:BR:106:119 -25/03/2014

65. Staff Welfare :

Refer to Master circular No BCC/BR/96/265 dated 08.07.2004 for the various facilities provided by the bank under Staff Welfare funds: -

I. Establishment of Holiday homes

II. Providing scholarships to the children of employees

III. Handicapped children/spastic children

IV. Provide financial aid to the family members of the employees who die in harness

V. Providing incentives to employees for promoting small family norms

VI. Extending financial assistance to the employees who are on loss of pay on account of major and special operations/major diseases

VII. Presentation of mementos to retiring employees (Abhinandan Yojana)

VIII. Canteen subsidy

IX. Financial assistance for purchase of artificial limbs to physically handicapped staff members and/or their handicapped children

X. Financial assistance for purchase of hearing aid to physically handicapped staff members and/or their handicapped children.

XI. Health check up for full time confirmed employees above the age of -45- years.

Staff Welfare –Scheme for Extending Financial assistance to employees, who are on loss of pay on account of Major & special operations/diseases-.The Amount of Financial assistance per month has been increased to Rs 8000/- per month subject to maximum of Rs 1,00,000/- -Reference Circular No BCC:BR:104/385 dated 27/10/2012.

66. Help desk for Retired Employees :

Bank has established a help desk for retired employees at Head Office, Baroda for their benefit at following address (HO:BR:100/52 dated 12.04.2008)

The Chief Manager (HRM)

Bank of Baroda

HRM Division, Head Office,

2nd Floor, Baroda House, Mandvi,Baroda 390006

Tel. no. 0265-2517326

Email : retdmp.helpdesk@bankofbaroda.com.

67. Sexual Harassment at the work place:

Guidelines are issued for protection of lady officers/employees at workplace against sexual harassment vide circular No BCC:BR:102/284 dt 06/10/2010.

The text of the Regulation 24(A) of Bank of Baroda Office Employees'(conduct) Regulations,1976 states that Prohibition of Sexual Harassment of Working Women.

(1) No officer employee shall indulge in any act of sexual harassment of any women at her work place.

(2) Every officer employee who is incharge of workplace shall take appropriate steps to prevent sexual harassment to any women at such work place.

68. Career Path Policy for Generalist & Specialist officers :

Bank has introduced 'Career Paths' Policy for Generalist and Specialist Officers for capturing self preferences- Comprehensive career path policy governing the career progression of officers for their all round grooming .to meet the promotion policy, for career progression-Refer Circular No BCC:BR:104:445 dated 11/12/2012 Under Project 'SPARSH' Bank has initiated HR shared services pilot back-office at Baroda and launched Bank's career portal with the theme 'FIRST' which is focused on employees.-Reference –Circular No BCC:BR:105:56 dated14/02/2013

69. DISCIPLINARY MATTERS

Officers' conduct and disciplinary matters are governed by BANK OF BARODA OFFICER EMPLOYEES' (CONDUCT) REGULATIONS, 1976 & BANK OF BARODA OFFICER EMPLOYEES' (DISCIPLINE AND APPEAL) REGULATIONS, 1976.

Officers working in the pay scale from JMG/S-I to MMG/S-III in the matter of Vigilance & Non-Vigilance cases Disciplinary Authority is concerned Zonal Head (not lower than the rank of Deputy General Manager), Appellate Authority is Executive Director and Reviewing Authority is CMD.

AUTHORITY TO INSTITUTE DISCIPLINARY PROCEEDING AND IMPOSE PENALTIES

(1) The Chairman cum Managing Director or any other authority empowered by him by general or special order may institute or direct the Disciplinary Authority to institute disciplinary proceedings against an officer employee of the bank.

(2) The disciplinary authority may himself institute disciplinary proceedings.

(3) The disciplinary authority or any authority higher than it, may impose any of the penalties specified in regulation 4 on any officer employee.

APPEAL

(i) An officer employee may appeal against order imposing upon him any of the penalties specified in regulation 4 or against the order of suspension referred to in regulation 12. The appeal shall lie to the Appellate Authority.

(ii) An appeal shall be preferred within 45 days from the date of receipt of the order appealed against. The appeal shall be addressed to the Appellate Authority and submitted to the authority whose order is appealed against. The authority whose order is appealed against shall forward the appeal together with its comments and the records of the case to the Appellate Authority.

REVIEW : The Reviewing Authority may at any time within six months of the date of the final order, either on his own motion or otherwise review the said order, when any new material or evidence which could not be produced or was not available at the time of passing the order under review and which has the effect of changing the nature of the case, has come or has been brought to his notice and pass such orders thereon as it may deem fit.

Amendment in schedule of Disciplinary Authorities of Bank Vide BCC:BR:106:135 Dated 11/04/2014-Amendment in schedule of Disciplinary Authorities under Bank of Baroda Officer Employees'(Discipline & Appeal) Regulations 1976, it has been decided to delegate the powers of Disciplinary Authority. In case of all Officers in MMG/S-III ,which were earlier with Deputy Zonal Head not below the rank of Dy General Manager in the scale of TEG/S-VI to Zonal Heads not below the rank of General Manager s in the scale of TEG/S-VII. The powers of Disciplinary authority in respect of Officers in SMG/S-IV in India, which was with General Manager(HRM) , is now delegated to all Zonal Heads not below the rank of General Managers in the Scale of TEG/S-VII to whom they are either reporting, or working under their jurisdiction. The powers of Disciplinary Authority in case of all Officers in SMG/S-IV, posted at overseas territories, which was hitherto with General Manager(HRM) shall be delegated to General Manager (International Operations) in the scale of TEG/S-VII who is the controlling authority for them.

According to the revised Disciplinary Authority for Scale III & IV Officers in India working in the Zones & either reporting or functioning under the jurisdiction of the Zonal Head /General Manager & for officers in Scale IV working at Overseas territories shall be as under.

BANK OF BARODA OFFICER EMPLOYEES' (DISCIPLINE & APPEAL) REGULATIONS, 1976 SCHEDULE OF AUTHORITIES

70. Transfer Policy :

Board of Directors at its meeting held on 2nd March 2013 approved the proposed amendments and reviewed the Transfer Policy for officers in Scale I, II and III.

Our Association Central Office has handed over to officers a separate publication through Circular to Members No. 6 of 2013 dated 25th March 2013 exclusively on Transfer Policy.

For details of reviewed Transfer Policy for Officers in Scale –I,II,III- please refer Circular No BCC/BR/105/113 dated 18/03/2013.

Officer transfer policy mainly covers following areas :

a) Inter Zonal Transfer

b) Pan-India Transferability of certain officers

c) Inter Regional Transfers

d) Intra Regional Transfers

e) Provision for lady officers

f) Exemption on Special grounds

g) Criteria for transfers

h) Request Transfers

i) Retention of Residential Accommodation at previous place of posting

j) Competent Authority

71. Introduction of Annual Performance Appraisal Report as per guidelines of Government of India:

Govt. of India, MOF has advised all Banks to adopt the revised Annual Performance Appraisal Report ( APAR) for different categories of Officers with a view to bring in uniformity in the in the performance assessment of officers at various levels with regard to evaluation of different parameters and marking systems. Bank has approved the same & using the system since end term assessment for the year 2011-12.

For details refer to circular No. BCC:BR:104:129 dated 16/04/2012 Employee Performance Management : Launch of Online PMS module for Officers-“GO LIVE” for the Goal Setting Phase foe assessment year 2013-14.

Bank in collaboration with our system integrator, HP has now configured the APAR system in online mode, which is now available through the Bank's HRNES system. This Online Employee performance management system is fully applicable from the current year i.e 2013-14.

For Details please refer circular No BCC :BR :105:317 Dated 30/07/2013.

APAR Modifications : Budgetary Format to include relevant KRAs/Parameters and guidelines on the role of accepting authority. Please refer Circular No. BCC:BR:105/17 dated 16.01.2013.

Annual Performance appraisal reports ( APAR)-Implementation of Govt guidelines on communication of ratings and representation against APAR scores-Please refer circular No-BCC:BR:105/285 dated 28/06/2013.

Annual Performance Appraisal Reports (APAR)-Appeals Mechanism Process-BCC/BR/106/310 Dated 19/08/2014-constitution of representation mechanism /appeals committee for addressing the representations of officers against the APAR scores from the assessment period 2012-13 onwards.

Vide BCC:BR:106:492 Dated 16/12/2014-Inclusion of additional provisions under the clause of “ Period Worked”

Once the different Reporting authorities review the performance of the reviewee (for period not less than 90days) on separate forms , the simple average of the marks allotted by the two Reporting authorities need to be calculated & placed before the Reviewing & accepting authority.

72. Scheme for legal & Financial Support :( Circular No.BCC:BR:101/370 dated 12.12.2009)

Draft formulated by IBA to extend legal and financial support to officers of Banks against whom motivated false complaint has been made by people/agencies outside the Bank of Baroda, has been approved by the Board of Directors.

Objective : To enable officer to initiate legal action against outsiders/private parties who with a malafide intention make baseless allegation, pass derogatory remarks, lodge motivated complaints on matters arising out of bonafide execution of Bank's work. The scheme shall not be applicable in case of complaint/allegation made by an employee of the Bank of Baroda.

Applicability : This scheme shall cover all officers in the regular rolls of the Bank including officers who are on deputation to joint ventures, subsidiaries and other institutions and officers retired from the Bank of Baroda.

For retired officers, the scheme will be applicable only in respect of bonafide execution of bank work while in service.

73. Obtaining Passport by Executives/officers ( BCC:BR:103/63 dated 11.06.2011)

As per the extant guidelines, only those officers who get selected for overseas posting are reimbursed expenses for obtaining passport.

74. Personal Accident Insurance Policy for a period 12 months :

Bank has Introduced in the year 2011 Personal Accident Insurance Policy, which has been renewed for further period of 12 months from 01.12.2014 to 30.11.2015 with the National insurance Co Ltd Coverage for Directors/employees on 24x7 basis for death and total permanent disability (TPD), WORLD WIDE COVERAGE. Coverage available –

For officers of Scale I, II and II – Rs.12 lacs.

Chief Managers – Rs.15 lacs.

For details, please refer to Circular No. HO:BR:106/239 dated 03/12/2014

75. Enhancing product knowledge among Officers

In knowledge Management portal bank has uploaded e-learning material & Steps to access the same are mentioned as per BCC/BR/106/65 -25/02/14. All the Scale-I & Scale–II officers are required to make use of this e-learning.Module.Officers will be required to take on-line test for this module in OLM.For details refer to Circular No. BCC/BR/106/65 Dt 25/02/2014.

76. PERFORMANCE LINKED INCENTIVE FOR EMPLOYEES

Bank has come out with various performance linked incentive schemes for its Employees. This scheme is a comprehensive scheme covering various types of incentives and all categories. It covers all types of units and employees under its ambit through group incentives as well as leadership roles in the Bank like GMs/DGMs and also the business leaders of the units which become eligible for incentives under the group incentives qualify for role based incentives on account of leadership role exhibited by them in their Unit/function's performance and additional responsibilities undertaken by them. For details refer to Circular no.BCC:BR:106/131 dt 01-04-2014.

Presently Bank has initiated the exercise for payment of incentives to eligible employees in terms of the above scheme for the year 2013-14 with modifications vide circular No BCC:BR:107:174 dated 14/04/2015.

77. INTRODUCTION OF BRANCH HEAD ROLE PERQUISITE :

Vide circular no BCC:BR:107:283 Dated 15/06/2015 Bank has introduced Branch Head perquisite as follows :

JMG S-I-Rs 5000/-, MMG/S-II Rs 6000/-, MMG/S-III Rs 7000/-, SMG/S-IV Rs 8000/-

This is effective from 01.06.2015.

78. List of Bank Dispensaries with Part Time Medical Consultant at Various Centres.

Bank has informed vide BCC:BR:107:346 Dated 21/07/2015 that the holiday home module is made live from 20/07/2015. The employees will use the payroll module to register the booking for holiday home after seeing the availability for the respective Holiday home.

79. BANK OF BARODA LIST OF HOLIDAY HOMES

80. SCHEMES MANAGED BY THE ASSOCIATION:

1. Employees Scheme of Contribution of Rupees Ten ( ESCORT ) :

“The greater consolation for the loss of the dead is found in the thinking of the living left behind”. With this noble philosophy our association has introduced this scheme w.e.f. 01.01.95. Under the scheme every participating officer is called upon to contribute Rupees 10/- when an officer dies while in service. Members can participate in the scheme by submission of irrevocable Letter of authority which authorizes the bank for necessary deduction from salary.

Vide BCC:BR:105:408 19/09/2013, Bank has started providing administrative support for Scheme for Voluntary contribution towards compensation to the family of an officer who dies in harness by facilitating recovery of contribution from each officer who wish to become member of the scheme. A link ESCORT scheme has been opened in HRnes-HRMS. Officer desirous of joining the scheme can submit their irrevocable option for subscription on this page. Any option exercised in HRMS-HRnes upto the date of integration of data from HRMS to payroll can be implemented in the same month in payroll.

Bank has implemented ESCORT vide HO:BR:106/247 Dated 10/12/2014

2. All India Bank of Baroda Officers Welfare Fund ( AIBOBOWF ) :

Our Association has launched a Welfare Fund in the year 1986 with the objective of undertaking welfare measures for the officers and their family members who joins the scheme with a one time membership fee of Rs. 1000/- (Rupees One thousand). It is named as “ALL INDIA BANK OF BARODA OFFICERS' WELFARE FUND”. It undertakes following activities .

I. Financial help of Rs. 30000/- to the family of the officer who dies while in service.

II. Merit award of Rs. 500/- to children of members who secure highest percentage of marks in S.S.C, H.S.C., Graduation and Post-Graduation including Engineering and Medicine in the annual examination. Each zone is given 18 awards, SSC - 6, HSC - 6 and Degree – 6.

III. After retirement benefits in the form of 50% of members' own contribution.

IV. Establishment of Holiday home at Daman-Inaugurated on 14/04/2014.Refer to General Secretary 'circular No 12 of 2014 dated 15/04/2014.

V. Association have plans to enlarge scope of the activities such as providing relief measures to members who are victims of natural calamities, establishment of Holiday Home etc.


82. Canteen subsidy – its discontinuation –

Reimbursement of Refreshment Expenses

We wish to inform that the Bank has now decided to discontinue Canteen Subsidy and introduce in its place a new scheme known as “Reimbursement of Refreshment Expenses”. We are glad to inform that under the above mentioned scheme the Bank has now agreed to reimburse an increased amount of Rs.750/- per month to all full time employees and Rs.375/- for the part time employees. This amount will be reimbursed to the debit of P&L A/c. and will be paid to all employees on monthly basis on self declaration. You are also requested to note that all claims should be submitted ONLINE only.



.


ALL INDIA BANK OF BARODA OFFICERS’ ASSOCIATION

The All India Bank of Baroda Officers’ Association was founded on 12th September 1964 and is the oldest Association of officers in the entire banking industry. The Association is affiliated to Indian National Trade Union Congres(INTUC) and in turn to the Indian Natiional Bank Officers’ Congress (INBOC). It is an important constitutent of United Forum of Bank Unions(UFBU). AIBOBOA is recognised by the Bank as the collective negotiating organisation and is a constructive Body of Officers committed to the twin objectives – progress and prosperity of Bank and Welfare of officers. AIBOBOA through its momentous journey of 49 years with a brilliant record of service to members and constructive approach to the wider issues has played a pivotal and unparalleled role on the Bank’s Business Growth. As an enlightened organisations , the Association has always supported the policies of the Government and helped the management to translate them into action.It has invariably stood up against victimisation, exploitation and attack on the dignity of officers’ community.

The Central Office of the Association is located in Mumbai at the following address:

All India Bank of Baroda Officers’Association

C/o Bank of Baroda

3, Walchand Hirachand Marg,

Ballard Pier,Mumbai – 400001

Telephone – 022- 226102058

Tele Fax – 022 2261 8484

Email Address : aiboboa@yahoo.com; aiboboa@rediffmail.com.

Web Site :www.aiboboa.org.

Cardinal Objectives

Protecting and promoting interests, rights and privileges of members including emoluments, service conditions, welfare measures and redressal of their genuine grievances.

Principal Office Bearers

-Central Level General Secretary

-Zonal Level Zonal Secretary

-Regional Level Regional Secretary

Activities carried out through :

-Central Committee

-Zonal Committee

-Regional Committee

Structure for Redressal of Grievances :

-STRUCTURE MEETING WITH CORPORATE MANAGEMENT AT SIX MONTHS INTERVAL

-STRUCTURE MEETING WITH REGIONAL MANAGEMENT AT SIX MONTHS INTERVAL

-TAKING UP GRIEVANCES WITH THE CONCERNED AUTHORITIES AS AND WHEN IT ARISES.

Communication :

(a)THROUGH CIRCULARS ISSUED BY

(i) General Secretary informing about developments at Bank level and industry level. It is widely circulated and is available on the Association’s Website – www.aiboboa.org.

(ii) Issued by the Zonal Secretary covering local developments and issues.

(b) GENERAL MEETINGS :

At periodical intervals – Local, Regional and Zonal levels.

SCHEMES LAUNCHED BY THE ASSOCIATION :

-“ALL INDIA BANK OF BARODA OFFICERS’ WELFARE FUND”

-“EMPLOYEES SCHEME FOR CONTRIBUTION OF RUPEES TEN

PER OFFICER”(ESCORT FOR OFFICERS)

OUR ROLE :

a) Protecting and promotimg Service Conditions and Welfare measures for officers.

b) Bank’s Business Development and overall growth.

c) Assiting members in the case of disciplinary actions by providing Defence representatives.

d) Equipping and Coaching candidates aspiring for promotions through conducting Coaching classes, publishing Coaching Class Notes and arranging Mock inteviews.

PARTICIPATIVE MANAGEMENT:-

I. At Board Levels

Nominee of the Association appointed as DIRECTOR representing officers on the Board of the Bank.

II. At the other Levels

Nominee of our representative on

  1. Provident Fund Trust
  2. Gratuity Fund Trust
  3. Pension Fund Trust

“ONE FOR ALL, ALL FOR ONE”

BE A MEMBER OF THE ASSOCIATION

JOIN ALL INDIA BANK OF BARODA OFFICERS’ ASSOCIATION

FOREWORD

All INDIA BANK OF BARODA OFFICERS’ ASSOCIATION under the able leadership of Sri K.K.Nair,General Secretary has been consistently endeavouring to bring improvement in officers’ service conditions, ensuring rightful entitlements, enhancement and improvement in the existing schemes for the benefits of officers,timely career progression with adequate vacancies. Sincerely pursuing with management “ A share in the huge cake employees bake for the Bank.emphasizing the need to extend every employee a share in the huge profit bank is generating year after year and creation of conducive working condition for work life balance.

Our Association is alive and addressing to issues of concern confronting officers’ fraternity, i.e.fixing of staff accountability on trivial issues , increasing instances of explanations and disciplinary proceedings, increasing menace of bank frauds, unfair ratings in APAR affecting prospects of promotion, denial of rightful entitlements and denial of leave and accordingly extending timely help to aggrieved officers.

With massive recruitment of officers our number is growing day by day, this adds to our strength. The demographic transition in Bank has created an opportunity for a positive transformation with the involvement of new generation officers. Task ahead is to inculcate trade union consciousness amongst youngsters and exhort them to actively involve and participate in the organizational activities to prevent any kind of injustice, discrimination and unfair treatment

Owner of the Bank, Government of India has issued fresh guidelines for PROMOTION and TRANSFER for Public Sector Banks to bring uniformity from the financial year 2012-13.We wish in this age of FAST TRACK PROMOTION with relaxed norms young aspiring officers to reap the opportunity must endeavour to raise their skill and competency level to prove their capability in the higher assignment to step in to the shoes of the experienced bankers.

At the industry level negotiations for salary revision has started with Indian Bank Association , which is due from 1st November, 2012. Our wish list has been submitted to IBA in the form of Charter of demands.We are striving for a respectable salary package.

In AIBOBOA’s journey of 49 years it has rendered yeoman service championing the cause of officer’s brethren. AIBOBOA’s philosophy of “GROW WITH THE BANK’AND principle of “Avoid Avoidable Confrontation” has served as a beacon light for its march on the right path that always kept us in good stead to fulfill the aspirations of officers. We are grateful to our General Secretary Shri K.K.Nair under whose inspiration and guidance Association is sincerely performing its role in protecting and promoting the interest, rights and privileges of officers.

TEAM OF ZONAL SECRETARIES

1. SCALE OF PAY/FITMENT /STAGNATION

2. DEARNESS ALLOWANCE:

3. HOUSE RENT ALLOWANCE

4. CITY COMPENSATORY ALLOWANCE

5. FPP

6. PQP

7. MID ACADEMIC YEAR TRANSFER ALLOWANCE:

8. DEPUTATION ALLOWANCE:

9. HILL AND FUEL ALLOWANCE

10. SPECIAL AREA ALLOWANCE

11. PROJECT AREA ALLOWANCE

12. SPLIT DUTY ALLOWANCE

  1. PROVIDENT FUND
  2. NON REFUNDABLE WITHDRAWAL FROM PROVIDENT FUND
  3. NEW PENSION SCHME

16. MEDICAL AID

17. HOSPITALISATION EXPENSES

18. MEDICAL CHECK UP SCHEME

19. EX-GRATIA MEDICAL AID:

20. HOUSING ACCOMMODATION

21. FURNITURE TO OFFICERS AT RESIDENCE

22. RECOVERY OF HOUSE / FURNITURE RENT

23. ENTERTAINMENT EXPENSES

24. REIMBURSEMENT OF CLUB MEMBERSHIP FEES

25. REIMBURSEMENT OF CONVEYANCE EXPENSES

26. HALTING ALLOWANCE

27. LODGING EXPENSES

28. TRAVELLING EXPENSES FOR TRAVEL IN OWN VEHICLE FOR OFFICIAL DUTY:

29. REIMBURSEMENT OF CONVEYANCE ON TRAINING

30. DISCOMFORT ALLOWANCE

31. HOUSE MAINTENANCE ALLOWANCE

32. KIT ALLOWANCE

33. PROVISION OF NEWS PAPER & BOOK FACILITY TO OFFICERS

34. BRIEF CASE TO OFFICER:

35. COMPENSATION ON TRANSFER

36. EXPENSES ON TRANSFER:

37. HALTING ALLOWANCE

38. MODE OF TRAVEL AND EXPENSES ON TRAVEL

39. JOINING TIME ON TRANSFER

40. LEAVE TRAVEL CONCESSION

41. FESTIVAL ADVANCE TO OFFICERS

42. VARIOUS STAFF LOANS:

43. CLEAN OVERDRAFT FACILITY FOR STAFF MEMBERS

44. STAFF HOUSING LOAN / CONVEYANCE LOAN

45. HOUSING LOAN TO STAFF UNDER PUBLIC SCHEME

46. AVAILMENT OF LOANS FORM OUTSIDE SOURCES

47. SCHEME FOR ENCOURAGING EMPLOYEES TO

PURSUE PROFESSIONAL AND COMPUTER EDUCATION,

48. PREFERENTIAL INTEREST RATES ON DEPOSITS

49. ISSUANCE OF BOBCARD

50. ONLINE TRADING FACILITY

51. REIMBURSEMENT OF KIT ALLOWANCE FOR OVERSEAS VISITS

52. PAYMENT OF HALTING /DIEM ALLOWANCES TO EXPATRIATE OFFICER/OFFICERS

53. SILVER SALVER SCHEME

54. LEAVE

55. UNAUTHORISED ABSENCE

56 SANCTION OF LEAVE AND PERMISSION TO GO ABROAD AND ISSUE OF “NO OBJECTION CERTIFICATE” FOR OBTAINING/RENEWING PASSPORT

57. COMPENSATORY LEAVE

58. SCHEME FOR GRANT OF SABBATICAL LEAVE TO EMPLOYEES

59. GUIDELINE FOR PROMOTION

60. ASSETS LIABILITY RETURN

61. TERMINAL BENEFITS

62. ENCASHMENT OF PRIVILEGE LEAVE ON RETIREMENT

63. ADDITIONAL RETIREMENT BENEFIT

64. PRE-MATURE RETIREMENT OF OFFICER

65. SCHEME FOR PAYMENT OF EX-GRATIA

FINANCIAL RELIEF/APPOINTMENT

66. ISSUANCE OF SERVICE CERTIFICATES TO RETIRED EMPLOYEES

67. STAFF WELFARE

68. BANK OF BARODA CONTRIBUTORY MEDICAL ASSISTANCE SCHEME FOR RETIRED EMPLOYEES

69. HELP DESK FOR RETIRED EMPLOYEES

70. “BARODA SUJHAV” – STAFF SUGGESTION SCHEME

71. PARAMARSH- THE CENTER FOR PERSONAL COUNSELLING

72. SAMPARK – THE SOS HELPLINE FOR EMPLOYEE

73. IDEA ONLINE

74. HUMAN RESOURCE NETWORK FOR EMPLOYEE SERVICES

75. DISCIPLINARY MATTERS

76. TRANSFER POLICY

77. INCOME TAX ON PERQUISITES – CONCESSIONAL RATE OF INTEREST ON STAFF LOANS

78 Introduction of Annual Performance Appraisal Report as per guidelines of Government of India:

79 Policy for Overseas Posting

80 SCHEME FOR LEGAL & FINANCIAL SUPPORT

81 HR RESOURCING POLICY

82 OBTAINING PASSPORT BY EXECUTIVES/OFFICERS.

83 PERSONAL ACCIDENT INSURANCE POLICY

84 WALK IN WALK OUT FACILITY

85 LIST OF HOLIDAY HOMES

86 SCHEMES MANAGED BY ASSOCIATION

OFFICERS’ SERVICE CONDITION IN BANK OF BARODA

Service Conditions of officers in BANK OF BARODA is governed by “BANK OF BARODA (OFFICERS’) SERVICE REGULATION 1979”

(Refer Book of Instruction volume No. 13)

Officers Employees conduct, Discipline and Appeal are regulated by BANK OF BARODA OFFICER EMPLOYEES’ (Conduct) REGULATIONS 1976 & BANK OF BARODA OFFICER EMPLOYEES’ (Discipline and Appeal) REGULATION 1976.

The details of above are recorded in our Head Office publication no. 76.

1. SCALE OF PAY (w.e.f 01/11/2007) BCC/BR/102/147 Dated 26.05.2010:

Scale I = Rs.14500 -600 /7 - 18700 - 700/2 - 20100 - 800/7 - 25700

Scale II = Rs.19400 - 700/1 - 20100 - 800/10 - 28100

Scale III = Rs.25700 - 800/5 - 29700-900/2 - 31500

Scale IV = Rs.30600 - 900/4 - 34200- 1000/2 – 36200

Scale V = Rs.36200- 1000/2 – 38200- 1100/2- 40400

Scale VI = Rs.42000 – 1200/4 – 46800

Scale VII= Rs.46800 – 1300/4 – 52000

Fitment :

Fitment shall be stage to stage i.e. on corresponding stages form Ist stage onwards and the increments shall fall on the anniversary date as usual.

For details refer Salary revision circular No. BCC:BR:102/147 Dated 26.05.2010 applicable w.e.f 01.11.2007

Stagnation :

a) Officers in JM Grade Scale I who have moved to scale of pay for MMG Scale II in terms of regulation 5(b) after reaching maximum of the higher scale shall be eligible for four stagnation increments for every three completed years of service of which first two shall be Rs.800 each and next two Rs.900/ each.

Provided that officers who have completed three years or more after receipt of the second stagnation increment as on 01.11.2007 will get the third stagnation increment on 01.11.2007 and another stagnation increment on or after 01.11.2008 on their completion of six years after receipt of second stagnation increment.

b) Officers in MMG/S II who have moved to scale of pay for MMG/S III in

Terms of Regulation 5(b) after reaching maximum of higher scale shall be eligible for three stagnation increments of Rs.900/- each for every three completed years of service.

Provided that officers who have completed three years or more after receipt of the first stagnation increment as on 01.11.2007 will get the next stagnation increment with effect from 01.11.2007 and a subsequent stagnation increment on or after 01.11.2008 on their completion of six years after receipt of the first stagnation increment.

Provided further those officers in substantive MMG/S III i.e. those who are recruited in or promoted to MMG/S III shall be eligible for four stagnation increments of Rs.900/- each for every three completed years of service. Those who have already received two stagnation increments and completed more than three years of service after receipt of second stagnation increment as on 01.11.2007 will get the third stagnation increment on 01.11.2007 and the fourth stagnation increment, on or after 01.11.2008 on their completion of six years after receipt of second stagnation increment.

2. Dearness Allowance:

On and from 01.11.2007,, Dearness Allowance shall be payable for every rise or fall of 4 points over 2836 points in the quarterly average of the All India Average Working Class Consumer Price Index (General) Base 1960 = 100 at 0.15 % of Pay.

3. House Rent Allowance (w.e.f 01/11/2007)

i)

Major “A” Class Cities and Project Area Centres in Group A

8.5 % of Pay

ii)

Other places in Area I and Project Area centres in Group B

7.5 % of Pay

iii)

Other Places

6.5 % of Pay

Provided that if an officer produces a rent receipt, the House Rent Allowance payable to him / her shall be the actual rent paid by him/her for the residential accommodation in excess over 1.20 % of pay in the first stage of the Scale of Pay in which he / she is placed with a maximum of 150 % of the House Rent Allowance payable as per aforesaid rates mentioned in Column II above.

Note: The claims of officer employees for House Rent Allowance linked to the cost of their ownership accommodation shall also be restricted to 150 % of House Rent Allowances as hitherto.

4. City Compensatory Allowance (w.e.f 01.11.2007):

Area

Rate

Maximum Amount

i

Places in Area I and in the State of Goa

4 % of Basic Pay

Rs. 540 /- p.m.

ii

Places with population of five lakhs and over and State Capitals and Chandigarh, Pondicherry and Port Blair

3 % of Basic Pay

Rs. 375/- p.m.

5. FPP: (w.e.f. 01.11.2007)

On and from 1st November 2007 FPP together with HRA shall be at the following rates and shall remain frozen for the entire period of service.

Increment component

D.A. As on 01.11.2007

Total FPP payable where bank’s accommodation is provided

(A)

(B)

(C)

800/-

58/-

858/-

900/-

65/-

965/-

1000/-

72/-

1072/-

1100/-

79/-

1179/-

1200/-

86/-

1286/-

1300/-

94/-

1394/-

Note: (i) FPP as indicated in “C” above shall be payable to those officer employees who are provided with bank’s accommodation.

(ii) FPP for officers eligible for HRA shall be “A” + “B” plus HRA payable on the last increment of the relevant scale of pay..

(iii) The increment component of FPP shall rank for superannuation benefits.

6. PQP (w.e.f 01/11/07) :

(A) Officers shall be eligible for professional qualification pay as under :

(i) Those who have passed only CAIIB - Part I / JAIIB

Rs. 410/- p.m. one year after reaching top of the scale

(ii) Those who have passed both parts of CAIIB -

(a) Rs. 410/- p.m. one year after reaching top of the scale

(b) Rs. 1030/- p.m. two years after reaching top of the scale

(B) An officer employee acquiring JAIIB/CAIIB (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 or PQP and the release of subsequent installments of PQP shall be with reference to the date of release of first installment of PQP.

Provided further that in a case where an officer, as on the date of this Joint Note, has already acquired any of the above said qualifications and has not earned any

Increment or PQP on account of acquiring such qualification/s, he may be, with effect from 1st November,2007 or the date of acquiring such qualification/s, which ever is later , released PQP as provided herein above.

7. Mid Academic year transfer allowance:

W.e.f 01.05.2010 it is payable @ Rs.700/- per month subject to other conditions.

8. Deputation Allowance:

On and from 1st May 2010, Deputation Allowance shall be at the following rates :

A) An officer deputed to serve outside the bank - 7.75% of pay with a maximum of Rs2300/- p.m.

B) An officer deputed to an organization at the same place or to the training establishment of the bank - 4% of Pay with a maximum of Rs 1200/- p.m.

9. Hill and Fuel Allowance (w.e.f. 01/11/2007):

Place

Rate

a

Place with an altitude of 1000 meters and above but less than 1500 meters and Mercara Town

2% of Pay subject to a maximum of Rs 550/- p.m.

b

Place with an altitude of 1500 meters and above but less than 3000 meters

2.5% of Pay subject to a maximum of Rs 680/- p.m.

c

Places with an altitude of 3000 meters and above

5% of Pay subject of a maximum o Rs 1570/- p.m.

10. Special Area Allowance (w.e.f. 01/11/2007):

At places where special area allowance is payable in terms of regulation 23(ii) of Officers’ Service Regulations, 1979/1982, the said allowance shall be payable at rates as specified in BCC:BR:102/147 dated 26.05.2010.

11. Project Area Allowance(01.11.2007)

Project Area Compensatory Allowance shall be payable at the

following rates:

Project Areas falling in Group A - Rs 290/- p.m.

Project Areas falling in Group B - Rs 255/- p.m.

12. Split Duty AllowanceL01.11.2007)

Split Duty Allowance shall be payable at Rs 165/- p.m.

13. Provident Fund (w.e.f. 01/11/2007):

(a) While the officers who are presently covered under the Pension Scheme and those who will join the Pension Scheme in terms of option being made available under joint note dated 27th April,2010 shall continue to contribute 10% of the pay towards Provident fund, there shall be no matching contribution.

(b) Officers who are presently covered under Contributory Provident Fund Scheme who do not opt for Pension Scheme being made available under Joint Note dated 27th April,2010 shall continue under the contributory Provident Fund Scheme as hitherto.

© There shall be no Provident Fund to officers joining the services of banks on or after 1st April,2010. They shall be covered by a Defined Contributory Pension Scheme, where the officer will contribute 10% of pay plus Dearness Allowance and the Bank of Baroda will make a matching contribution. The scheme shall be

Governed by the provisions of the Contributory Pension Scheme as introduced for employees of Central Government w.e.f. 1st January 2004 and modified from time to time.

14 Non refundable withdrawal from Provident fund –

All confirmed employees and regular member of PF Trust of the Bank who have

Completed 10 years of Service and against whom no disciplinary action has been initiated /pending as on date of application. Purpose and quantum of non-refundable withdrawal are

Purpose

Limit for non refundable withdrawal of Provident Fund

For meeting the expenses in connection with the marriage of children

-6- months grow salary subject to maximum of 50% of Member’s own contribution towards PF/VPF

For meeting the cost of Higher Education of dependent children

Estimated expenses for complete course or 50% of Member’s own contribution towards PF/VPF(which is less)

Reference Circular No.HO:BR:100/130 dated 26.08.2008

15. NEW PENSION SCHEME (BCC:BR:104/6 dated 04.01.2012) :

In terms of Joint Note dated 27.04.2010 between IBA & Officers Organisations on extending another option for pension, Officers joining the services of the Bank on or after 01.04.2010 are eligible for the Defined Contributory Pension Scheme, which is similar to the one governed by the provisions of New Pension Scheme introduced for the employees of Central Government w.e.f. 01.01.2004 and as modified from time to time. Hence they are not eligible for becoming members of Bank’s Provident Fund Scheme and Pension Scheme.

In view of the above, in respect of officers of the Bank who have joined the service of the Bank on or after 01.04.2010, deduction towards New Pension Scheme at the rate of 10% of Pay and Dearness Allowance from the salary with a matching contribution from Bank is being made and kept separately till the New Pension Scheme is implemented and operationalised.

Indian Bank’s Association has advised that Bank’s may choose the Government Sector Pension Fund Model Scheme(PFMS) as the Joint Note and signed at industry level provides for a scheme which will be as governed by the provisions of the New Pension Scheme introduced for Central Government Employees.

Bank has decided to implement and make New Pension Scheme (NPS) operational who have joined the Bank’s service on or after 01.04.2010 under Government Sector Model through Bank of Baroda as Point of Presence (POP).

Accordingly, the Board of Directors has authorised the Bank to implement and make NPS Scheme operational for employees who have joined the Bank’s service on or after 01.04.2010 , under Government Sector Model through Bank of Baroda as Point of Presence(POP)

Bank has already enlisted itself as a Point of Presence (POP) in order to enable the Bank for opening of Permanent Retirement Account and obtaining Permanent Retirement Account Number (PRAN) for every staff member joining the Scheme. Head Office Baroda is arranging to forward the APPLICATION FORM for SUBSCRIBER REGISTRATIION for filling the same by the employees who have joined on or after 01.04.2010 and who are still in service. Bank has chosen Government Sector Pension Fund Model Scheme (PFMS). Details guidelines for submission of application form are given in the circular. Last date 31.01.2012.

BRIEF SALIENT FEATURES OF THE NEW PENSION SCHEME(GOVERNMENT SECTOR MODEL)

  • The new Pension Scheme will work on defined contribution basis and will have two Tiers i.e. Tier I & II
  • The contribution to Tier I will be mandatory for all the members of the scheme whereas contribution to Tier II will be optional and at the discretion of the employee.
  • At present Tier II Fund is not operational as the modalities of the same are yet not finalized by the Government. All members of the scheme will be advised suitable, as and when the modalities of Tier II Fund are finalized
  • In Tier I Fund, the members of the scheme are required to make contribution of 10% of his/her Basic Pay and Dearness Allowance which are being deducted from their Salary and Bank is making an equal matching contribution towards the said fund.
  • Contribution in Tier I will be kept in non-withdraw able Pension Account.
  • There will be a Central Record Keeping Agency.

  • There will be three Pension Fund Managers namely :

a) LIC Pension Fund Limited

b) SBI Pension Fund Limited

c) UTI Retirement Solutions Limited

  • The deployment of Funds will be done by NPS Trustees among LIC Pension Fund Limited, SBI Pension Fund Limited and UTI Retirement Solutions Limited. The current allocation of the fund is in proportion of 35%, 33%, and 32% respectively. The maximum equity exposure is restricted to 15%.
  • Employees can exit at or after 60 years of age from Tier I Fund. 40% of Pension Wealth Fund mandatory for investment on exit. This will provide for pension for lifetime and his/her dependent..
  • To leave the scheme before 60 years of age, 80% of the Pension Wealth Fund is mandatory for investment.

16. Medical Aid ( w.e.f. 01.11.2007)

On and from Ist Nov. 2007, reimbursement of medical expenses shall be as under:

A) Officers in JMG & MMG Scales - Rs. 5100/-p.a.

B) Officers in SMG & TEG Scales - Rs. 6320/- p.a.

17. Hospitalization Expenses ( w.e.f. 01.05.2010)

It shall be in terms of the Hospitalization Scheme laid down under Bipartite settlement dated 27th April, 2010 for workmen employees, subject to following limits: -

Scale

Limits

A) JMG/S I and MMG/S II & III

(i) Bed charges

Self - Rs 700/- per day

Family _ Rs.525/- per day

(ii) Other charges -

At the scale of 125% of the limits laid down under the hospitalization Scheme applicable to workmen employees.

SMG/S IV

(i) Bed charges:

Self - Rs. 900/- per day

Family - Rs 675/- per day

(ii) Other charges - At the scale of 150% of the limits laid down under the hospitalization scheme applicable to workmen employees

For other charges refer to circular No. BCC/BR/102/147 dated 26.05.2010.

Medical expenses incurred in following disease, which need domiciliary treatment shall be deemed as hospitalization expenses for reimbursement from the bank -Cancer, Leukemia, Thalassemia, Tuberculosis, Paralysis, Cardiac Ailment, Pleurisy, Leprosy, Kidney ailment, Epilepsy, Parkinson’s Disease, Psychiatric disorder, Diabetes, Hepatitis-B, Hepatitis-C, Hemophilia, Myasthenia gravis, Wilson’s disease, Ulcerative Colitis, Epidermolysis bullosa, Venous Thrombosis (not caused by smoking), Aplastic Anemia, Psoriasis and Third Degree Burns.

Besides above special packages are also reimbursed by the bank to the extent of entitlement for getting specialized treatment for diseases pertaining to heart, kidney, coronary etc.

Ambulance charges from residence to hospital and back or from one hospital to another is reimbursable in full.

Actual expenses incurred on conveyance by mode other than ambulance shall be reimbursed subject to the maximum as under:

(i) By public taxi Actual subject to maximum Of Rs 150/- per trip.

(ii) By auto rickshaw Actual subject to maximum Of Rs 75/- per trip.

Bank do also provide “Wall-in Walk-out” facility in some specified hospitals at major centers in India Like Delhi, Mumbai, Ahmedabad, Jaipur, etc. keeping reserved bed for employees and their dependent family members.

AT Patna arrangement of hospital beds for staff and their eligible dependents on actual occupancy basis under “Walk-in-Walk-out” facility is made at Jagdish Memorial Hospital, Patna. (Refer Z.O. Circular BOJZ:HRM:22/169 dated 01.02.2013.)

Bank does also provide reimbursement of Hospitalization Expenses incurred on treatment abroad in exceptional cases for the ailments for which treatment in India is not yet widely established.

Reimbursement of Hospitalisation Expenses-Clearance of Bills by Bank’s Doctor

Vide BCC:BR:103/227 Dt 30/07/11/02/08/11 –The reimbursement of cost of implanted items used during surgery can be permitted only when the bills are claimed on package basis subject to the rates prescribed for lowest paying bed at AIIMS,New Delhi

18. Medical Check up scheme for the employees of 45 years of age and above.

Full time confirmed employees of 45 years of age and above with their spouse are eligible for medical check up once in 2 years in the approved diagnostic centre. Maximum amount payable for medial check up is Rs.3000/-.

19. Ex-gratia Medical Aid:

For details refer to HO/BR/95/112 dated 12.06.2003 & HO/BR/96/174 dated 23.08.2004. The Ex-gratia Medical Aid Scheme has been rationalised. A maximum cap of expenditure has been specified for amount reimbursed under BPS/BOBSOR and Exgratia Medical Aid taken together. Ex-gratia Medical Aid will be sanctioned only for serious ailments (specified) involving high cost. For any Life threatening ailment, which is not specified, sanction to be obtained from GM/DGM (HRM), BCC, Mumbai.

20. Housing Accommodation :

Housing Accommodation is provided to officers on lease basis with following ceiling w.e.f 01.10.2011 (BCC/BR/103/296 & 297 Dated 21/10/2011):

City Class Delhi & Major “A” Area I Area II Other

Mumbai Centers

Scale I 12000 10000 8000 4500 3500

Scale II 13000 11000 8500 5000 4000

Scale III 13000 11000 8500 5000 4000

Scale IV 15000 13000 10500 6500 case to case

basis

In case of Executives in SMG/S IV, rental ceiling for leased accomodation at other centres will be decided on case to case basis by the Estate Management Deptt.,BCC,Mumbai.

ii) The rental ceiling will be inclusive of all taxes.

iii) Ii)Brokerage equivalent to one month rent entitlement shall be reimbursed to officers at Major ‘A” class and Area I centres on production of receipt for aranging fresh residnetial accomodation. Such reimbursement will be made only when residential accomodation is acquired through a broker.

iv) Pune City shall be continued to be treated at par with other Major ‘A’ class cities for the purpose of rental limit of officers.

Bank provides payment of maximum 6 months rent as refundable deposit to landlords, wherever required. Refer HO/BR/95/57 dated 29.03.2003.

21. Furniture to Officers at Residence :

All officers who live in accommodation owned by the bank, leased to the bank or leased in the name of the officer and reimbursement by the bank are eligible to avail this facility subject to limits as under w.e.f. 01.01.2012

Grade/Scale

Cost Ceiling(exclusive of Taxes

JMG/S I

Rs.40000/-

MMG/S II

Rs.60000/-

MMG/S III

Rs.80000/-

For details refer to BCC/BR/103/365 dated 30.12.2011.

It has now been decided to revise the list of items approved under the scheme to be purchased by the Officers, within the cost ceilings prescribed.

For details refer to BCC:BR:104/57 dated 08.02.2012

22. Recovery of House / Furniture Rent (w.e.f. 01/11/07):

I. House Rent recovery shall be @ 1.20% of the first stage of the scale of pay in which officer is placed or the standard rent for the accommodation, whichever is less. Reference BCC/BR/98/17 dated 30.01.2006.

Rates for Standard Rent applicable as on date are as under :

S. No

Range of Living Area ( in sq. mt.)

Standard Rent (Rs.)

1

Up to 50

183

2

51 to 60

241

3

61 to 75

279

4

76 to 90

387

5

91 to 105

520

6

106 to 120

632

7

121 to 150

773

8

151 to 180

924

9

181 to 225

1087

10

226 to 300

1557

11

301 to 400

1924

12

401 to 550

2290

13

Beyond 551

2672

( 1 sq. mt. = 10.76 sq. ft.)

II. Furniture rent recovery shall be @ 0.25% of the first stage of the scale of pay in which officer is placed.

23. Entertainment Expenses (BCC:BR/102/169 dated 22.06.2010)

The revised rate as under is payable from financial year 2010-11 :

Scale

Officers at Administrative Office (Rupees per annum)

Branch Head

JMG/S I

4600

5200

MMG/S II

5200

5800

MMG/S III

5800

6400

6400*

SMG/S IV & V

7300

7300

TMG/S VI & VII

16500

16500

The reimbursement is to be made to the officers proportionately on quarterly basis, on submission of declaration.

  • At very large and exceptionally large branches.

24. Reimbursement of Club membership fees:

Following amount is reimbursable:

Admission fees Entitlement (Rs)

All Officers 3000/-

Subscription fee Annual Ceiling (Rs)

(A) Branch Managers

Exceptionally Large Branches 2700/-

Very Large Branches 2400

Large Branches 2100

Medium Branches 1800

Small Branches 1500

(B) Others

TEG/S VI & VII 3000

SMG/S V 2400

SMG/S IV 2100

MMG/S III 1800

MMG/S II 1500

JMG/S I 1200

25. Reimbursement of Conveyance Expenses:

All officers are entitled to get reimbursement of conveyance expenses. Reimbursement of conveyance expenses is made to officers as per actual expenses incurred by them and so declared while claiming reimbursement or the monthly limits as specified under the scheme whichever is lower (Refer BCC:BR:101/57 dated 20.02.2009.

Claim can be made within 3 months from the month it become due on declaration basis. The limit to the monetary entitlement of the officers calculated on the basis of the high octane petrol rate (premium, power etc) prevailing on the last day of the month for the eligible litres of petrol.

(A) Scheme I

This scheme would be applicable to the officers who do not own a vehicle –

Sl.NO.

Scale

Amount for all areas (Rs.)

1

SMG/S IV

600

2

MMG/S III

500

3

MMG/S II

400

4

JMG/S I

350

(B) Scheme II

This Scheme would be applicable to the officers who own a vehicle –

Scale

Major A class cities

2-wheeler Car

Area I

2-wheeler Car

Area II

2-wheeler Car

Area III

2-wheeler Car

I*

35 35

30 30

25 25

20 20

II

35 35

30 30

25 25

20 20

III

35 70

30 60

25 50

20 40

26. Halting Allowance ( w.e.f. 01/05/2010 ):

Grade / Scale

Major “A” class cities (Rs)

Area I (Rs)

Other places (Rs)

Scale I, II and III

800/-

700/-

600/-

Scale IV and above

1000/-

800/-

700/-

Provided that in the case of officers in Scale IV and above , halting allowance payable per diem while on outstation work at the four metros, viz. Delhi, Mumbai,Kolkata and Chennai, shall be Rs.1200/- and for officers in Scale I/II/III Rs.1000/-

27. Lodging Expenses: (BCC: BR: 100/248 Dated 11.09.2008 w.e.f.01.09.08)

Maximum room tariff permissible (excluding taxes)

Eligibility to stay

Major A class cities

Area I

Other places

Scale IV

3* Hotel

5000

3400

3000

Scale II & III

2*Hotel (Non-Ac)

3400

2600

2200

Scale I

1* Hotel (Non-Ac)

2600

2220

1800

As per BR: HRM: M-35/3795 Dated 19.11.2004 Area Classification for halting allowances is as under:

Major A Class Cities : Greater Mumbai, Kolkatta , Delhi , Chennai, Ahmedabad, Bangalore, Hyderabad.

Area I Cities : Places with population of 12 lacs & above - Patna, Pune , Nagpur, Kanpur , Surat , Jaipur , Lucknow , Visakhapattnam , Baroda , kochi, Indore, Bhopal, Ludhiana , Coimbatore, Madurai , Agra, Varanasi

Other Places: Places other than Major A Class & Area I cities.

Other conditions

When food bill and Hotel bill both produced: ¼ Diem Allowance

When only Hotel bill produced: ¾ of Diem Allowance

When only food bill produced: ½ of Diem Allowance

When no food bill / Hotel bill produced: Full Diem Allowance

For major A class cities executives may be reimbursed actual lodging expenses maximum to the extent of 150% of the applicable ceiling.

28. Traveling Expenses for Travel in Own Vehicle for Official Duty (Circular No.BCC:BR:104/2 dated 02.01.2012

The following rates are applicable for reimbursement of traveling expenses for travel in own vehicle for official duty, shifting of own vehicles by road on transfer & for availing LTC

Sr. No.

Type of Vehicle

Reimbursement Rate per K.M.

1

Four wheeler - Engine capacity of 1000 cc or more

Rs 9.00

2

Four wheeler - Engine capacity of less than 1000 cc

Rs 7.00

3

Motor cycle and scooter

Rs 4.50

4

Mopeds

Rs 3.00

Above is effective from 30Th Sept.2011.

For use of own vehicle, prior permission of competent authority is required.

29. Reimbursement of conveyance on Training : Non residential training programme (Circular No.BCC:BR:102/168 dated 22.06.2010) w.e.f. 01.07.2010

Reimbursement of conveyance on training to non residential training programmes are as under :

Centre

Rate

Mumbai,Delhi,Kolkata,Chennai

Bangalore,Hyderabad,Ahmedabad

Actual expenses subject to Rs.125 per working day

At all other centres

Actual expenses

Subject to Rs.75 per working day

30. Discomfort Allowance

Officers working in 8 a.m. to 8 p.m. branches and attending office in shifts only are eligible to get Discomfort Allowance w.e.f 08.01.08 @ Rs. 75/- per day as per administrative guidelines.

31. House Maintenance Allowance

Officers who have occupied Bank’s house or leased house of Bank, are entitled to get House Maintenance Allowance as under for the Financial Year 2007-08, w.e.f 01.02.2008 on self declaration basis (BCC/BR/100/26 Dated 30.01.2008):

S.No

Grade/Scale

Amount (Rs)

1.

Officer in scale JMG/S-I

500/- p.m.

2.

Officer in scale MMG/S-II

600/- p.m.

3.

Officer in scale MMG/S-III

700/- p.m.

Officers who have acquired house on leased in personal name as per Bank’s Scheme, are entitled to get House Maintenance Facility as under for the Financial year 2008-09 w.e.f. 01.02.09 on self declaration basis (BCC/BR/101/53 dated 13.02.2009

Sl.NO.

Grade / Scale

Amount (Rs.)

1

Officers in Scale JMG/S I

300/- p.m.

2

Officers in Scale MMG/s II & III

400/- p.m.

3.

Officers in Scale SMG/S IV

500/- p.m

Bank has also decided to extend the facility of reimbursement of House Maintenance expenses to all Executives and Officers who are staying in their own accomodation as under (BCC:BR:103/366 dated 30.12.2011)

Grade/Scale

JMG/S I

MMG/S II & III

SMG/S IV

SMG/S V & TEG/S VI

TEG/S VII

Amount (Rs.per month)

200

300

400

500

600

32. Kit Allowance

Branch heads are entitled to get Kit Allowance as under for the Financial Year 2007-08, w.e.f 01.02.2008 on self declaration basis (BCC/BR/100/26 Dated 30.01.2008):

S.No

Grade/Scale

Amount (Rs)

1.

Branch Heads at Metro Centres

5000/- p.a.

2.

Branch Heads at Urban Centres

3500/- p.a.

3.

Branch Heads at Rural/Semi Urban Centres

2000/- p.a.

The above facility shall be extended to officers on Bank of Baroda achieving net profit of rs.1000/- crore or more. Facilities are on annual basis and subject to review every year after finalization of Annual Results. Bank has since decided to dispense with the above stipulation and continue to reimburse.

Revision in kit Allowance and Allowance for unaccompanied Baggage for Officers/Executives selected for overseas posting:The Quantum of kit Allowance to be made uniform across countries w.e.f. 01/04/2012 as under instead of giving separate allowance for warm & cold countries:Refer Circular No BCC:BR:104/252 dated 10/07/2012

Category Amount in US $

1) Officer who is single 900

2) Officer accompanied by spouse 1800

3) Officer accompanied by spouse & a child 2400

4) Officer accompanied by spouse & two children 3000

33. Provision of News Paper & Book Facility to officers BCC:BR:101/129 dated 29.04.2009.

Following annual ceilings are now stipulated for officers/executives for reimbursement under this head.

Scale of officers/Executives

Existing Entitlement

Approved monetary ceilings

Books(p.a) Newspapers/

Periodicals

(p.m)

Yearly Combined

Entitlement entitlement

(News Papers/ of Books + News

Periodicals) papers/periodical

(p.a)

JMGS I

1000 1 daily news paper

1800 2800

MMG/S II

1500 1 daily news paper

1800 3300

MMG/S III

2000 1 daily news paper

1800 3800

SMG/S IV

2500 3 daily news papers

+ 3 periodicals

9000 11500

SMG/S V

2500 3 daily news papers

+ 3 periodicals

9000 11500

TEG/S VI

3000 3 daily news papers

+ 3 periodicals

9000 12000

TEG/S VII

5000 3 daily news papers

+ 3 periodicals

9000 14000

34. Brief case to Officer:

One brief case with a cost ceiling of Rs. 1500/- (including tax) can be claimed by every officer in Scale I, II and III, once in two years on declaration basis w.e.f. 01.03.08 (Reference BCC:BR:100/67 dated 10.04.2008).

Executive in Scale IV can claim one brief case with a cost ceiling of rs.2000/- once in two years and one executive attaché with a cost ceiling of Rs.4000/- once in three years.

.Perquisites to Chief Manager SMG/S IV :

Following per quisites are available to Chief Managers

Sl.No.

Perquisites

Amount

Periodicity

1

Crockery

2000

Once in 2 years

2

House Maintenance

1200

Per month

3

Furniture Maintenance

(Furniture in Bank’s house)

250

Per month

4

Garden Maintenance

(In Bank of Baroda’s house)

250

Per month

35. Compensation on Transfer ( BCC:BR:101/129 dated 29.04.2009 :

An officer on transfer will be eligible to draw a lump sum amount, as indicated below, for the expenses connected with packaging, local transport, insurance etc. on undertaking basis, provided he has actually shifted the goods and claimed the shifting transport expenses:

S. No

Grade / Scale

Amount (Rs)

1.

Junior & Middle Management.

15000/-

2.

Senior & Top Management

20000/-

36.. Expenses on Transfer:

An officer on transfer will be reimbursed his expenses for transporting his baggage by goods train up to the following limits: -

Pay Range

Where an officer has family

When an officer has no family

Rs 14500-pm to Rs 19400/-pm

3000 Kgs.

(3 tonnes)

1500 Kgs.

(1.5 tonnes)

Rs 19401/- pm and above

Full Wagon(12 tonnes/120 quintals)

2500 Kgs.

(2.5 tonnes)

Where an officer on transfer transports his baggage by Lorry, for the purpose of reimbursement of actual charges, the maximum Limit in cases where ‘full wagon’ is applicable shall normally be 60 quintals by goods train. However, where the expenses incurred are beyond such maximum, the bank may, keeping in mind the hardship involved to the officer concerned, reimburse the actual expenses incurred on the basis that the maximum charges for transport of goods in an -8- wheeler wagon would be 120 quintals provided the baggage is transported through approved transport operators. Reimbursement of expenses would be made at following rates :

S No.

Distance in Kilometers

Rates per tonne*, per Km.

1.

Up to 2000 Kms.

Rs 2.80

2.

Beyond 2000 Kms.

Rs 1.40

Note: The above rates do not apply on a slab basis.

One Tonne = 1000 Kgs

Reference BCC:BR:101/129 dated 29.04.2009.

37. Halting Allowance :

In terms of the guidelines from the Govt. Of India, reimbursement of maximum 15 days halting allowance is permissible in case no residential accommodation is made available by the bank to officer at the new place of posting.

38. Mode of Travel and Expenses on Travel( w.e.f. 01.05.2010)

The following provisions shall apply wherever an officer is required to travel on duty:

I. An officer in JMG is entitled to travel by Ist class or AC 2 - tier sleeper by train. He may, however, travel by air (economy class) if so permitted by competent authority, having regard to the exigencies of business or public interest.

II. An officer in MMG is entitled to travel by Ist class or AC 2 - tier sleeper by train. He may, however, travel by air (economy class) if the distance to be covered is more than 1000 kms. May travel for shorter distance if so permitted by competent authority.

III. An officer in Senior management is entitled to travel by AC Ist class by train or air (economy class)

IV. The Competent Authority, having regard to the exigencies of business, may authorize any other officer to travel by his own vehicle or by taxi or by the Bank of Baroda’s vehicle.

39. Joining Time on Transfer:

I. An officer shall be eligible for joining time on one occasion, not exceeding seven days, excluding the number of days spent on travel.

II. An officer may be permitted to avail joining time in maximum two installments provided he avails the same within 12 months from the date of his reporting to the new place of posting and the total joining time does not exceed 7 days. On both the occasion the joining time should be for the purpose of shifting family / goods and other incidental activities connected with shifting / transfer and not any other purpose.

III. Officer is eligible for diem allowance for the period of days spent on travel when he is reporting for the first time to the new place of posting.

IV. No joining time is admissible when an officer on transfer does not shift their residence to the new place of posting. Refer to circular CO/BR/95/145 dated 21.04.2003.

40. Leave Travel Concession(w.e.f. 01.05.2010)

During each block of 4 years an officer shall be eligible for leave travel concession for travel to his place of domicile once in each block of two years. Alternatively, he may travel in one block of two years to his place of domicile and in another block of two years to any place in India by the shortest route.

I. The mode and class by which an officer may avail LTC shall be same as the officer is normally entitled to travel on transfer and other terms and conditions subject to which the LTC may be availed of by an officer, shall be as decided by the Board from time to time. Provided that w.e.f. 01.05.2010 an officer in JMG/S I while availing LTC will be entitled to travel by air in the lowest fare of economy class in which case the reimbursement will be the actual fare or the fare applicable to AC 1st Class fare by train for the distance traveled whichever is less. The same rules shall apply when an officer in MMG/S II and MMG/S III while availing LTC where the distance is less than 1000 kms.

II. LTC encashment -- An officer by exercising option any time during a 4 year block or two year block surrender and encash his LTC (other than travel to place of domicile) upon which he shall be entitled to receive an amount equivalent to 75% of the eligible fare for the class of travel by train to which he is entitled up to a distance of 4500 kms (one way) to and fro journey total 9000 kms for officers in JMG Scale I and MMG Scale II & III and 5500 kms (one way) to and fro journey total 11000 kms for SMG IV and above. For encashment of LTC facility the entitled class of travel by train by officers in JMG and MMG may be taken as AC II Tier sleeper.

III. An officer in Senior Management or Top Executive Grade is entitled to travel by AC Ist class by train or by Air (economy class).

IV. The facility of encashment of privilege leave while availing of Leave Fare Concession is also available while encashing the facility of LFC.

V. Definition of family: For the purpose of LTC concession “Family” of an officer shall mean an officer’s spouse, wholly dependent unmarried children (including dependent step children and legally adopted children), physically challenged brother/sister with 40% or more disability, and wholly dependent parents ordinarily residing with and wholly dependent on the officer.

The term wholly dependent child/parent shall mean such member of

family having a monthly income not exceeding of Rs. 3500/ p.m..

If the income of one of the parents exceeds Rs.3500/- p.m. or

the aggregate income of both the parents exceeds Rs.3500/- p.m,

both the parents shall not be considered as wholly dependent on

the officer.

VI. Please note that LTC for travel to the place of domicile (Home Town) is not encashable. Railway grant concessional fare to Senior Citizens of 60 year of age and above, hence encashment will be considered on the basis of concessional fare only.

VII. If an officer eligible to travel by air on LTC traveled by Air) economy class), the economy air fare should be taken into account for reckoning the entitlement, irrespective of the fact whether the airline allowed any complimentary facility, including visit to an overseas place, within the economy class fare. However, on traveling by apex /concessional fare, which is normally less than the economy fare, the eligibility would be actual fare.(Refer Circular No.BCC:BR:101/133 dated 05.05.2009).

41. Festival Advance to officers:

A confirmed officer is eligible for Festival advance up to one month emoluments or maximum Rs.30000/- in one calendar year w.e.f 28.01.2009. Refer BCC/BR/10/38 dated 04.02.2009.

42. Various Staff Loans:

Refer to Master circular No BCC/BR/97/103 dated 20.04.2005 for all Staff Loans excluding Staff Housing Loan and Clean Overdraft facility for staff.

a) Take over of educational loan availed by Campus Recruitees :

Bank of Baroda has decided to offer to take over educational loan of officers recruited from campus on or after 01.01.2009.(Refer Circular No.BCC:BR:101/285 dated 16.09.2009. and subsequent circular No BCC:BR:102/310 dated 8.11.2010 with revised guidelines.

b) Revision of scheme of Conveyance loan to officers :

For -4- wheelers :

Eligibility

All confirmed officers with continuous service of 3 years and drawing basic pay of not less than Rs19400/-

Circular No.BCC/BR/102/38 dated 04.02.2010

Limit

80% of control price of car or Rs.7.00 lacs which ever is less.

R.O.I

8.50% simple interest

Period

120 installments (Principle 90 and interest 30) in the ratio of 3:1

New Vehicle Loan Scheme for Officers-“Baroda Vehicle Loan For Young Officers”

Eligibility

All confirmed Officers whose basic pay is less than Rs 19,400/-per month-Age min-21 Years

Circular No

BCC:BR:105:149 dated 10/04/2013

Limit

Rs 3.50 lacs

R.O.I

Base Rate

Repayment

60 months

For -2- Wheelers :

Eligibility The officer should be confirmed in Bank’s service

Limit 90% of the control price or Rs.90000/- whichever is less.

ROI 8.50% (Simple)

Repayment 84 equated installments (70 towards principal

and 14 towards Interest)

43. Clean Overdraft facility for Staff Members:

Refer to Master circular No BCC:BR:96:48 dated 28.01.2004 and BCC:BR:98:61 dated 07.03.2006 for Clean Overdraft facility available to Confirmed Staff Members with minimum service of 3 years.

Length of Service

Eligibility Amount (Rs in Lacs)

3 to 5 Years

1.25

5 to 10 Years

3.10

10 years & Above

5.00

Rate of Interest w.e..f. 01.07.2010(Circular No.BCC:BR102/167 dated 22.06.2010

9% p.a. on compounding basis with monthly rests.

44. Staff Housing Loan:

(a) Regular Housing Loan : (:(circular No.BCC:BR:102/135 dated14.05.2010.)

Eligibility

Confirmed in Bank of Baroda’s service

Loan limit

90% of total cost or Rs.20 lacs which is lower.

Rate of Interest

8% p.a(Simple) or 4% less than BPLR whichever is lower

Margin

10% of the cost

Repayment

240 monthly installment. 180 installment towards principal and 60 installment towards interest.

Those officers who have availed regular housing loan before 01.02.2010 as per earlier scheme, but construction/purchase of house is incomplete and/or repayment of loan has not begun, are also eligible to opt the housing loan under the revised scheme subject to the original estimated cost.

Retail Asset Product “ Baroda Additional assured Advance (AAA)-Modified Guidelines-All Existing Home Loan Borrowers including Staff & Ex-staff Members

(availed home loan under public scheme as well as Staff Housing Loans)whose asset classification is standard are eligible for availing further housing loan to the tune of 90% of the amount already repaid. Please refer to BCC:BR:104:289 dated 14/08/2012

(b) Additional Housing Loan :

Eligibility

Confirmed in Bank of Baroda’s Service

Loan limit

Rs.4 lacs

Rate of interest

8% p.a.(Simple) or 4% less than BPLR. Whichever is lower

Repayment

120 monthly installments – 90 equal installment towards principal and 30 equal installments towards interest.

Margin

25% of the estimated cost.

Those officers who have availed additional housing loan before 01.02.2010 as per earlier scheme, but repair/renovation/enlargement of house is incomplete and/or repayment of loan has not begun, are also eligible to opt the additional housing loan under the revised scheme.

© with this increase the facility of Supplementary housing loan

stands withdrawn.

(d ) the existing housing loan account of an officer under old scheme

can be transferred to new scheme for interest benefit, if he so desires.

45. Housing Loan to Staff under Public Scheme:

Refer to Master circular No BCC:BR:93:50 dated 17.03.2001 & BCC:BR:99/278 Dated 20.09.2007 for Housing Loan to Staff under Public Scheme.

46. Availment of Loans from Outside Sources:

It is mandatory for all employees to take prior permission of the Bank for availing of any loans from outside sources.

47. Scheme for Encouraging Employees to Pursue Professional and Computer Education, through Correspondence, Part-time & Distance Learning:

Refer to Master Circular No BCC:BR:96:208 dated 01.06.2004 for above scheme.

48.Preferential Interest Rates on Deposits:

The Bank may allow one per cent additional rate of interest over its ruling rate of interest on fixed deposits, saving deposits and recurring deposits in the name of an officer, individually or jointly with any member of his family.

49. Issuance of Bob Card:

For the officers in scale I to IV BOBCARD Exclusive or BOBCARD Gold is issued free of cost.

50. Online Trading Facility- “ Baroda e-Trading”-Special Rates for Staff:

For concessions refer to circular no BCC:BR:99/261 dated 31.08.2007.

51. Reimbursement of Kit Allowance for Overseas Visits

Officers/Executives identified for overseas postings on regular basis are reimbursed Kit Allowance in equivalent Rupees on self declaration basis as under (Reference BCC: BR: 100/322 Dated 10.11.2008 & Revised guidelines as per Circular No. BCC: BR:103/189 dated 5th July,2011.(w.e.f. 01.04.2011)

Category

Amount in US$

Area I

Area II

Officer(if single)

900

675

Only officer & Spouse

1800

1350

Officer, Spouse & 1 child

2400

1800

Officer, Spouse & 2 child

3000

2250

Area I – US, Japan, Canada & Europe

Area II – All countries other than Area I countries.

52.Payment of Halting /Diem Allowances to Expatriate Officer/Officers in India and visiting Foreign Countries for official Purpose :

Please refer Master Circular No.BCC:BR:100/341 dated 25.11.2008 with reference to above matters.

53.Silver Salver Scheme :

On completion of 25 years of service bank of Baroda provides Silver Salver to the staff on immediate succeeding Bank of Baroda’s Foundation day to the value of Rs.2500/-

54. Leave:

An officer is eligible for the following kinds of leave, subject to the grant of such leave being determined by the exigencies of service :

1. CASUAL LEAVE

  • Eligibility 12 days with full emoluments in a year
  • May be availed not more than 4 days at a time
  • Casual leave not availed of in any year may be availed as sick leave in the following year with full pay. It is not necessary that the unavailed casual leave is to be prefixed or suffixed to sick leave.
  • On and from 01.04.1997, Casual leave not availed of in any year may be suffixed or prefixed to sick leave in the following three years. Further w.e.f. 04.07.2001, an officer can avail unavailed casual leave not exceeding a day on grounds of sickness, without production of Medical Certificate.

II .PRIVILEGE LEAVE

  • For every 11 days of service on duty, an officer is eligible for one day privilege leave.
  • No privilege leave may be availed of before completion of 11 months of service on duty.
  • Full emoluments are paid during the privilege leave period.
  • W.e.f. 01.01.1990 privilege leave may be accumulated upto 240 days and accumulation beyond this is allowed only if leave has been applied for and it has been refused by the competent authority.
  • One month prior notice is required to avail the privilege leave.

III. SICK LEAVE

  • W.e.f. 01.01.1990 an officer is eligible for 30 days of sick leave for each completed year of service subject to a maximum of 18 months during the entire service.
  • Accumulation is allowed upto 540 days during the entire service.
  • Sick leave can be availed only on production of medical certificate acceptable to Bank. Fitness certificate is required for resumption of duty after sick leave.
  • During the sick leave period an officer shall be eligible to receive one half of the full emoluments.
  • Full emoluments may be paid during the sick leave period after debiting twice the number of such leave period if the officer requests so.
  • The sick leave credited and earned upto appointed date under terms and conditions of service obtaining in the Bank prior to the appointed date shall be protected notwithstanding that such accumulated sick leave may exceed the ceiling of 360 days.
  • Unavailed Casual Leave as Sick Leave : Regulation 32(i)

Casual leave not availed off in any year may be suffixed or prefixed to sick leave in the following three years. The availment of such unavailed casual leave in the following years is permitted on medical grounds not exceeding a day without production of medical certificate.

IV. ADDITIONAL SICK LEAVE :

W.e.f. 01.01.1989 additional sick leave at the rate of one month for each year of service in excess of 24 years of service subject of maximum of three months of additional sick leave is allowed to an officer who has put in a service of 24 years. For this purpose, service means the service spent on duty as well as on leave including loss of pay. The benefit of commutation of additional sick leave on full pay and allowances is allowed on or after 29.06.1999 in terms of Regulation 35.

V.MATERNITY LEAVE (w.e.f. 01.05.2010)

(a) Maternity leave, which shall be on substantive pay, shall be granted to a female employee for a period not exceeding 6 months on any one occasion and 12 months during the entire period of her service.

(b) Within the overall period of 12 months, leave may also be granted in case of miscarriage/abortion/MTP

(c) Within the overall period of 12 months, leave may also be granted in case of hysterectomy up to a maximum of 45 days.

VI. EXTRA-ORDINARY LEAVE ;

During entire period of service an officer shall be eligible for 360 days extraordinary leave on loss of pay. Such leave may not be availed of except for sufficient reasons on more than 90 days at a time. It should be duly sanctioned by the Competent Authority.

The Board may in very special cases grant leave on loss of pay upto a total period of 720 days.

VII. SPECIAL CASUAL LEAVE AND SPECIAL LEAVE

As per Government guidelines special casual leave and special leave are granted to officers by the Board.

LAPSE OF LEAVE

All leave shall lapse on the death of an officer or if he ceases to be in the service of the Bank.

Emoluments on account of the accumulated privilege leave at the time of death of an officer shall be payable to his legal heirs.

An officer who retires from the Bank’s service is permitted to encash his privilege leave accumulation at the rate of last emoluments drawn.

RECALL FOR DUTY

Competent Authority may recall an officer on leave to duty wherever the Bank deems fit to do so. An officer recalled for duty is eligible for actual expenses incurred for himself and his family members for the onward and return journey for coming back to the station.

FURNISHING LEAVE ADDRESS

An officer who has been sanctioned leave and leaves his place of duty shall furnish the address at which he can be contacted while out of station.

Refer to Master circular No. BCC:BR:96/284 dated 05.08.2004 on leave, special leave, leave for going abroad, unauthorized absence.

55. Unauthorized Absence:

For details refer to circular no CO/BR/94/133 dated 30.05.2002, BCC:BR:96/284 dated 05.08.2004 Annexure 3 & BCC/BR/98/63 dated 08.03.2006.

56 Sanction of Leave and Permission to go abroad and issue of “No Objection Certificate” for obtaining/renewing Passport:

Refer to circular No. BCC:BR:99/265 dated 03.09.2007

57. Compensatory Leave:

A. In case of working on exigencies officers may be sanctioned Compensatory Leave subject to sanction by an executive. Reference BCC/BR/97/352 dated 14.12.2005.

B. Reimbursement of Incidental Out of Pocket Expenses to Officers:

Reimbursement of Incidental Out of Pocket Expenses to Officers who are required to attend duty on Sundays & Holidays:-Reference BCC:BR:104/342 dated 22/10/2012

Metro/Urban Centres Semi-urban/Rural centres

RS 250/- per day Rs 200/- per day

This is in addition to grant of compensatory leave.

58. Scheme for grant of Sabbatical Leave to Employees:

Refer to circular No. BCC: BR: 98/113 dated 02.05.2006 for sabbatical leave to employees. The scheme is kept under abeyance with immediate effect vide circular No.BCC: BR: 101/54 dated 10.02.2009.

Scheme for grant of Sabbatical Leave to Women employees:

Presently Bank has introduced scheme for grant of Sabbatical Leave to Women employees of the Bank for purposes like medical grounds, care of family members, higher studies ,visiting spouse etc-Refer to circular No BCC:BR:104/132 dated 19/04/2012

Mandatory Leave Policy for staff members:

All employees who have not availed leave , are required to av ail Mandatory Leave for a period of minimum -10-days continuously in a year. Please refer to circular No BCC :BR:105:21 dated 18/01/2013

59. Guidelines for Promotion:

The government of India vide Circular No. F.No. 4/11/1/2011-R dated 14th March, 2012 has issued guidelines for eligibility and methods of promotions in Public Sector Banks.

  1. The channel of promotion and minimum experience requirements at various levels shall be as follows:

Scale

Promotion Channel

Minimum experience requirement

Maximum permissible relaxation by Board in years

Minimum length of service in years

I to II

Normal/Seniority Channel

Merit/Fast Track Channel

5

3

1

1

N.A.

N.A.

II to III

Normal/Seniority Channel

Merit/Fast Track Channel

5

3

1

1

N.A.

N.A.

III to IV

Merit/Fast Track Channel

3

1

N.A.

IV to V

Merit Channel

3

1

12

V to VI

Merit Channel

3

1

15

VI to VII

Merit Channel

3

1

18

Selection Process :

a.No interviews or assessment of potential for promotion from Scale I to II.

b.The weightage for the different factors of promotion are as under:

Scale

On Line Test

Performance(APAR)

Potential(Interview)

I to II

60

40

--

II to III

30

50

20

III to IV

---

60

30+10(Group Discussion)

Cut off date for eligibility:

The cut off date for determining eligibility as well as completed years of service will be as on 1st of April of the financial year (April-March) in which vacancies arise.

Promotion from Scale I to II and II to III

1.There shall be mandatory requirement of having completed two years of continuous service in rural areas for promotion from Scale I to II,and a total of three years in rural/semi urban areas,including the rural service in Scale I,for promotion from Scale II to III.

2.For the seniority channel,officers who have put in more than the aforesaid service in rural areas will get an advantage of further relaxation of 50%.Weightage in minimum experience for each additional completed year service while assessing their eligibility.

Promotion from Scale IV and above

i)For promotion from Scale III to IV and IV to V,it will be mandatory to pass an examination for Computer literacy and Computer Knowledge.

ii)For being eligible for promotion to Scale V,the candidates should have been a Branch head for at least three years.

iii)It shall be mandatory to have a Group Discussion to assess Communication,Conceptual and leadership capabilities for promotion to Scale IV and V.

Online Promotion Test:

Bank has decided to hold online test for the exercise for promotion from JMG/S-I to MMG/S-II and from MMG/S-II to MMG/S-III from 2013-14. For details refer to Circular No. BCC;BR:105/156 dated 16.04.2013 and BCC:BR:105/157 dated 16.04.2013.

60. Assets Liability Return (Submission is Mandatory)

Submission of Assets and Liabilities Statement as on March every year is mandatory to be submitted by all officers latest by 30th June of every year under Regulation 20 of Bank Of Baroda Officers Employees (Conduct) Regulations 1976.

CARE : Non submission will be treated as Misconduct.

61. Terminal Benefits:

Refer to following master circular on terminal benefits like P.F, Pension and Gratuity etc:

HO/BR/96/91 dated 16.04.2004 for Provident Fund

HO: BR:96/83 dated 05.04.2004 for pension

HO/BR/96/82 dated 05.04.2004 for Gratuity

Gratuity (HO:BR:102/96 dated 26.06.2010)

Calculation of Gratuity :

One month pay for each completed year of service – Max.15 months pay plus : ½ month pay for each year beyond 30 years of service. Pay means : average of Basic Pay + Special Pay + Officiating Pay + PQP + Increment portion of FPP of last 12 months.

Ex: 10 years = 10 months pay, 15 years =15 months pay, 20yrs./30yrs.= 15 months pay.

32 yrs = 15 +1/2+1/2= 16 months pay.

40 yrs = 15 +1/2X10 = 20 months pay.

Service of 6 months and above will be reckoned as one year cannot be forfeited even in case of dismissals. But if any loss to the bank on account of misconduct, it can be recovered. Employee has right to receive Gratuity under the Act or under any award/settlement which is higher.

Payable under Gratuity Act 01.11.1997

Basic Pay / PQP

Special Pay / DA

FPP (Increment Portion)

Under Bipartite Settlement 01.11.1997

Basic Pay / PQP

Special Pay / DA = Not eligible

FPP (Increment Portion)

As per Gratuity Act :

The ceiling on amount of Gratuity payable under Sec 4 of Gratuity Act has been raised from Rs.3,50,000/- to Rs.10,00,000/- w.e.f. 24.05.2010… SC No.5680 dt.07/07/2010. Max. amount of Gratuity entitled to exemption under sub-clause (iii) of clause (10) of section 10 of Income Tax Act 1961 is Rs.10,00,000/-.

In case of Officers :

Last drawn Basic + FPP + PQA + Officiating Allowance, if any + DAX15X no. Of years of service*/26(no. of days in a month, excl. Sundays) * (If 32 years 7 months), then considered as 33 years.

Presently limited to Rs.10.00 lacs. Ex. Basic Rs.30000/- FPP Rs.600/- PQA Rs.750/- DA Rs.15000/-.

No of years of service : 3 examples :

a)12 years service B) 26 yrs service C) 36 yrs service

Gratuity as per act :

Case A) = { (30000+600+750+15000)x15x12} / 26= 320885

Case B) = {(30000+600+750+15000)x15x26 } / 26= 695250

Case C) = {(30000+600+750+15000)x15x36} / 26 = 962654

(Maximum limit is Rs.10,00,000/-)

As per Bank Rule :

= Last drawn Basic + FPP + PQA + Officiating Allowance, if any x no. of years of service)/ 2

Example :

Case A) = (30000+600+750) x 12 = 376200. Because up to 15 years full months pay is eligible.

Case B) = (30000/-+600+750) x15=470250. Because service from 15 & above up to 30years, 15 months pay is payable.

Case C) = (3000+600+750) x 36/2 = 564300

Final gratuity amount payable : case A) 376200, Case B) 695250, Case C) 962654.

62.Encashment of Privilege leave on retirement :

When an officer retires/expired while in service, he shall be eligible to be paid a sum equivalent to the emoluments of any period, not exceeding 240 days, of privilege leave that he/she had accumulated/credit as on date of retirement/death.

63.Additional Retirement Benefit :

An officer on retirement/voluntary retirement will get –6- months emoluments as additional retirement benefit if he has rendered at least –25- years of service..

64. Pre-mature Retirement of Officer:

The Bank can consider per-mature retirement of an officer under Reg.19(1) of BOBOSR,1979. The guidelines were given in circular BCC:BR:98/243 dated 29.08.2006. The process has been reviewed by the Board of Directors and new guidelines are issued vide circular no. BCC: BR: 102/354 dated 28th December, 2010.

  1. To review the officers in SMG/S IV and above for premature retirement under Reg.19 (1) of BOBOSR, 1979, once in service period, upon completing 30 years of service or reaching 55 years age, which ever is earlier, instead of reviewing every year.

2.To continue the review of the officers in JMG/S I to MMG/S III for premature retirement under Reg.19 (1) of BOBOSR, 1979, once in service period, upon completing 30 years of service or reaching 55 years age, which ever is earlier.

65. Scheme for Payment of Ex-gratia Financial Relief/Appointment to the dependents of deceased employees on Compassionate Grounds:

Refer to circular No BCC/BR/99/347 dated 12.11.2007 & BCC/BR/98/21 dated 02.02.2006 for all death cases occurred on or after 04.10.2005.

66. Issuance of Service Certificates to Retired Employees:

On receipt of application from the retired employee along with the photograph, the Competent Authority prescribed in the circular No CO/BR/92/40 dated 21.03.2000 may issue such Service Certificate cum Identity Card to employees who have retired on super annuation or have opted for any type of voluntary retirement from the Bank’s services. For details refer to HO/BR/94/157 dated 13.08.2002 and HO:BR:100/180 dated 24.06.2008.

67. Staff Welfare:

Refer to Master circular No BCC/BR/96/265 dated 08.07.2004 for the various facilities provided by the bank under Staff Welfare funds: -

I. Establishment of Holiday homes

II. Providing scholarships to the children of employees

III. Handicapped children/spastic children

IV. Provide financial aid to the family members of the employees who die in harness

V. Providing incentives to employees for promoting small family norms

VI. Extending financial assistance to the employees who are on loss of pay on account of major and special operations/major diseases

VII. Presentation of mementos to retiring employees (Abhinandan Yojana)

VIII. Canteen subsidy

IX. Financial assistance for purchase of artificial limbs to physically handicapped staff members and/or their handicapped children

X. Financial assistance for purchase of hearing aid to physically handicapped staff members and/or their handicapped children.

XI. Health check up for full time confirmed employees above the age of -45- years

Staff Welfare –Scheme for Extending Financial assistance to employees, who are on loss of pay on account of Major & special operations/diseases- The Amount of Financial assistance per month has been increased to Rs 8000/- per month subject to maximum of Rs 1,00,000/- -Reference Circular No BCC:BR:104/385 dated 27/10/2012.

68. Bank of Baroda Contributory Medical Assistance Scheme for Retired Employees:

Under this scheme financial assistance is provided to retired employees and his/her spouse only on superannuation to meet the medical expenses incurred. To acquire the membership, employee shall have to make one time lump sum contribution towards membership fees i.e. Equal to 50% of (the basic pay, last drawn) + special pay (if applicable). Refer to HO/BR/92/317 dated 11.09.2004.

Further, w.e.f. 1st April,2010 it has been further improved as under :

(a)The membership of Bank of Baroda Contributory Medical Assistance Scheme for Retired Employees will be extended to all retired employees for self and spouse irrespective of whether they are in gainful employment or not provided they enroll by paying the membership fees.

(b)If the employee / spouse are in employment and the establishment extends/provides any medical aid/assistance then they will be eligible only for the unsettled portion of the claim i.e. such members have to first apply for reimbursement of their medical expenses to their current employer and the remaining unsettled amount only will be considered under the Contributory Medical Assistance Scheme for Retired Employees.(Circular No.HO:BR:102/34 dated 16.03.2010)

69. Help desk for Retired Employees :

Bank has established a help desk for retired employees at Head Office, Baroda for their benefit at following address (HO:BR:100/52 dated 12.04.2008)

The Chief Manager)HRM)

Bank of Baroda

HRM Division, Head Office,

2nd Floor, Baroda House, Mandvi,Baroda 390006

Tel.no.0265-2517326

Email : retdmp.helpdesk@bankofbaroda.com.

70. “Baroda Sujhav” – Staff Suggestion Scheme:

Refer to circular no HO:BR:96/145 dated 09-07-2007. Suggestion may directly be sent to The Chief Manager (Ops,Ser, CS & O&M), Head Office, Suraj Plaza –1, 8th Floor, Sayajigunj, Baroda – 390005.

71. Paramarsh- The center for personal counselling:

Bank has set up psychological counseling center for bank staff at Mumbai for counseling service free of charge, for resolving their psychological problems/worries, which may be disturbing their personal life. Counseling services are available on Monday, Wednesday and Friday between 3 pm. To 6 pm only by prior appointment directly obtainable form Mrs. Arti Chawla, a Clinical Psychologist and Counselor over phone No 022-56985299. Reference CMD circular BCC/CMD/DO/128 dated 21-06-2005.

72. Sampark – The SOS Help line for Employee:

With the objective of providing immediate assistance to those employees in great distress, facing extreme emergency, life and death situation, Bank has established SAMPARK HELP LINE at CMD ‘s office. An employee can send e-mail at cmd@bankofbaroda.com/fax at 022-26523543 or through post to CMD at corporate office address in prescribed format with copy to Zonal Head. Reference CMD circular BCC/CMD/DO/129 dated 01-07-2005.

73. Ideaonline@bankofbaroda.com:

An employee can send new ideas/schemes etc. for reference to higher authorities directly at ideaonline@bankofbaroda.com.

Career Path Policy for Genralist & Specialist officers:-

Bank has introduced ‘Career Paths’ Policy for Generalist and Specialist Officers for capturing self preferences- Comprehensive career path policy governing the career progression of officers for their all round grooming .to meet the promotion policy, for career progression-Refer Circular No BCC:BR:104:445 dated 11/12/2012

Under Project ‘SPARSH’ Bank has initiated HR shared services pilot back-office at Baroda and launched Bank’s career portal with the theme ‘FIRST’ which is focused on employees.-Reference –Circular No BCC:BR:105:56 dated14/02/2013

74. Human Resource Network for Employee Services

In order to enable HR to add value to business, a comprehensive web-enabled Human Resources Management System called Hrnes has been conceptualized, implementation of which is under way. This shall provide a new tech-enabled platform for qualitative utilization of HR database and the same can be leveraged for improving the overall quality of HR practices. (Reference BCC:BR:99/359 Dated 26.11.2007)

The system comprises of three broad modules encompassing many functions:

  1. Oracle Core HR module
  2. Fluous Payroll module, and
  3. Oracle Learning Management module which includes I-learning

Oracle Core HR module

This module consists of following functions :

Human resources Inventory

Manpower Planning

Recruitment Module

Promotions

Selection

Mobility – Transfers

Assets & Liability Statement

Assets Tracking

Industrial Relations

Branch Profile/Master

Hr Development – Employee Performance Management

Career Planning & Career Development

Statutory Compliances

Discipline Management (BPS & Conduct Regulations)

Human Resources MIS (Staff Statements)

Implementation of System Control Tools Trough HRM Audit

Fluous Payroll module

This module consists of following functions :

Pay Roll

Leave Management

Travel Management

Medical Schemes & Various Staff Welfare Schemes

Employee Loan Module

Terminal Benefits

Oracle Learning Management module which includes I-learning

This module consists of following functions :

Training System

I-Learning

Bank has introduced Incentive scheme for all staff members for published Articles in Bank’s House Journal “ BOBMAITRI”-Please refer to Circular No BCC:BR:104:122 dated 10.04.2012.

75.DISCIPLINARY MATTERS

Officers’ conduct and disciplinary matters are governed by BANK OF BARODA OFFICER EMPLOYEES’ (CONDUCT) REGULATIONS, 1976 & BANK OF BARODA OFFICER EMPLOYEES’ (DISCIPLINE AND APPEAL) REGULATIONS, 1976.

Officers working in the pay scale from JMG/S-I to MMG/S-III in the matter of Vigilance & Non-Vigilance cases Disciplinary Authority is concerned Zonal Head (not lower than the rank of Deputy General Manager), Appellate Authority is Executive Director and Reviewing Authority is CMD.

AUTHORITY TO INSTITUTE DISCIPLINARY PROCEEDING AND IMPOSE PENALTIES

(1) The Chairman cum Managing Director or any other authority empowered by him by general or special order may institute or direct the Disciplinary Authority to institute disciplinary proceedings against an officer employee of the bank.

(2) The disciplinary authority may himself institute disciplinary proceedings.

(3) The disciplinary authority or any authority higher than it, may impose any of the penalties specified in regulation 4 on any officer employee.

APPEAL

(i) An officer employee may appeal against order imposing upon him any of the penalties specified in regulation 4 or against the order of suspension referred to in regulation 12. The appeal shall lie to the Appellate Authority.

(ii) An appeal shall be preferred within 45 days from the date of receipt of the order appealed against. The appeal shall be addressed to the Appellate Authority and submitted to the authority whose order is appealed against. The authority whose order is appealed against shall forward the appeal together with its comments and the records of the case to the Appellate Authority.

REVIEW

The Reviewing Authority may at any time within six months of the date of the final order, either on his own motion or otherwise review the said order, when any new material or evidence which could not be produced or was not available at the time of passing the order under review and which has the effect of changing the nature of the case, has come or has been brought to his notice and pass such orders thereon as it may deem fit.

.

BANK OF BARODA OFFICER EMPLOYEES’ (DISCIPLINE & APPEAL) REGULATIONS, 1976 SCHEDULE OF AUTHORITIES

Name of the

Category/

Post (1)

Branch/ Office

(2)

Disciplinary

Authority

(3)

Appellate

Authority

(4)

Reviewing

Authority

(5)

All officers in

JMG/S I &

MMG/S. II &III

Br/office RTC / CBB situated in the Zone

Zonal Head not below the rank of Dy.

Gen. Manager

Executive

Director

Chairman &

Managing

Director

- do -

ZIC

Functional Head of CID not below the

rank of Dy. Gen. Manager

Executive

Director

Chairman &

Managing

Director

- do -

Staff College A’bad, BOBETC

Gandhinagar,

BOBIT College,

Baroda

Principal, Staff College not below the rank of Dy. Gen. Manager

Executive

Director

Chairman &

Managing

Director

- do -

Baroda Corporate

Centre inclusive Of CID/ IT/ IBO/

Treasury branch

Functional Head of Office Administration at BCC not below the rank of Dy. Gen. Manager

Executive

Director

Chairman &

Managing

Director

- do -

Head Office,

Baroda

Functional Head of

operations at Head Office, Baroda not

below the rank of Dy.

Gen. Manager

Executive

Director

Chairman &

Managing

Director

All officers in

JMG/S I,

MMG/S II &

III & who are

on deputation

to RRBs/Subs / Asso. Banks

RRBs/Subsidiarie / Associate Banks in the Zone

Zonal Head not below the rank of Dy.

Gen.Manager, where the RRBs/Subsidiaries / Associate Banks are located

Executive

Director

Chairman &

Managing

Director

76. Transfer Policy :

For officers finalized transfer policy mainly covers following areas :

a) Inter Zonal Transfer

b) Pan-India Transferability of certain officers

c) Inter Regional Transfers

d) Intra Regional Transfers

e) Provision for lady officers

f) Exemption on Special grounds

g) Criteria for transfers

h) Request Transfers

i) Retention of Residential Accommodation at previous place of posting

j) Competent Authority

k) Sampark Help line

For details of reviewed Transfer Policy for Officers in Scale –I,II,III- please refer Circular No BCC/BR/105/113 dated 18/03/2013.

77.Income tax on Perquisites – Concessional rate of Interest on staff loans

Honorable High Court of Madhya Pradesh in W.P. 2812 of 2009 filed by All India Bank of Baroda of Baroda Officers’ Association has on 13.03.2009 passed interim

order as below :

Tax at source from the petitioner union shall be deducted in accordance with the

Cost to the employer not in accordance with the State Bank of India

lending rate keeping in view the decision rendered by the Supreme

Court in the case of Arun Kumar and others v/s Union of India.

Refer to Circular No.CTP/101/08-09/239 dated 25.03.2009.

78.Introduction of Annual Performance Appraisal Report as per guidelines of Government of India:

Govt. of India, MOF has advised all Banks to adopt the revised Annual Performance Appraisal Report ( APAR) for different categories of Officers with a view to bring in uniformity in the in the performance assessment of officers at various levels with regard to evaluation of different parameters and marking systems. Bank has approved the same & using the system since end term assessment for the year 2011-12.

For details refer to circular No. BCC:BR:104:129 dated 16/04/2012

APAR Modifications : Budgetary Format to include relevant KRAs/Parameters and guidelines on the role of accepting authority. Please refer Circular No. BCC:BR:105/17 dated 16.01.2013.

79.Policy for Overseas Posting :( Circular No.BCC:BR:101/206 dated 16.07.2009)

Identification of officers to be done in a proactive manner and creating a pool of

Officers and grooming and training them and not merely “substitute finding mission” as was being done hitherto.

a)Age (Maximum) JMG/s I 35 years

MMG/s II 45

MMG/s III 50

SMG/s IV 54

(For dealers age is 45 years.)

b)Minimum Work experience : JMG/S I 2 years

(in the respective functional areas) MMG/S II 3 years

MMG/S III 4 years

SMG/S IV 5 years

c) Qualification : Graduate. Preference will be given to candidates possessing specialized qualification like MBA,CA,ICWA,ACS,CAIIB,CFA,CISA.

80.Scheme for legal & Financial Support :( Circular No.BCC:BR:101/370 dated 12.12.2009)

Draft formulated by IBA to extend legal and financial support to officers of Banks against whom motivated false complaint has been made by people/agencies outside the Bank of Baroda, has been approved by the Board of Directors.

Objective : To enable officer to initiate legal action against outsiders/private parties who with a malafide intention make baseless allegation, pass derogatory remarks, lodge motivated complaints on matters arising out of bonafide execution of Bank’s work. The scheme shall not be applicable in case of complaint/allegation made by an employee of the Bank of Baroda.

Applicability : This scheme shall cover all officers in the regular rolls of the Bank including officers who are on deputation to joint ventures, subsidiaries and other institutions and officers retired from the Bank of Baroda.

For retired officers, the scheme will be applicable only in respect of bonafide execution of bank work while in service.

81.HR Resourcing Policy : (Circular No.BCC:BR:102/72 dated 06.03.2010)

The policy stipulates detailed guidelines, processes, criteria and procedures for carrying out the following types of recruitment.

External Resourcing :

Fresh recruitment – probationary officers(Pos)

Experienced recruitment – Specialist positions (both in officers and executive position.

Campus Recruitment – officers

Contractual recruitment – officers and executives

Recruitment of clerical and subordinate staff.

Internal Resourcing :

Providing avenues for internal candidates to participate in and get recruited in higher scales.

Under this policy, there are some major changes in the terms of employment :

  • The probation period for all directly recruited officers’ reduced from the existing 2 years to 1 year. The probation period for internal candidates who are confirmed employees but who are recruited afresh in a higher scale shall be 6 months.
  • Localized Recruitment – Bank may initiate as and when required, localized

Recruitment exercise for Probationary officers to meet the requirement of

Officers of specific deficit zones/areas.

  • New recruits in officers’ cadre may be given an option to join either on regular scales or on a CTC based compensation package.

Project Sparsh:

One of the biggest challenges being faced by the Bank today is acquiring & retaining the right talent. Giving the right experience to employees during their initial days in an organization is one of the key elements in creating a positive impression. On recommendation of Project “SPARSH” Bank has introduced a comprehensive Onboarding Programme for all the DROs in Scale –I since 2012-13 with objectives being providing standardized experience to all officers, equipping them with basic knowledge, bridging the generation gap between new recruits & senior managers.

Please refer to Circular No BCC:BR:104:208 dated 13/06/2012.

Under Project Sparsh the Training system in Bank of Baroda is rechristened as Baroda Academy-Please refer to BCC:BR:104:363 dated 19/10/2012

Introduction of self Nomination process in Baroda Academy has been introduced in HRNES system. Please refer to circular No BCC:BR:104:429 dated 03/12/2012.

82.Obtaining Passport by Executives/officers ( BCC:BR:103/63 dated 11.06.2011)

As per the extant guidelines, only those officers who get selected for overseas posting are reimbursed expenses for obtaining passport.

83.Persoanl Accident Insurance Policy for a period 12 months :

Bank has Introduced in the year 2011 Personal Accident Insurance Policy, which has been renewed for further period of 12 months from 01.12.2012 to 30.11.2013 with National Insurance Co. Ltd. Coverage for Directors/employees on 24x7 basis for death and total permanent disability (TPD), WORLD WIDE COVERAGE. Coverage available –

For officers of Scale I, II and II – Rs. 12 lacs.

Chief Managers - Rs. 15 lacs.

For details, please refer to Circular No. HO:BR:104/255 dated 20.12.2012.

84. WALK IN WALK OUT FACILITY :

For treatment of staff members, their spouse and wholly dependent children (unmarried). Employee should submit a representation for this purpose to respective Regional Authority through proper channel.

SCHEME FOR RESERVATION OF BEDS IN HOSPITALS SITUATED AT

ZONAL CENTRES

Sr. No.

Centre

Name of the Hospital

1

Mumbai

1. Bombay Hospital, Marine Line

2. Bhatia General Hospital, Tardeo

3. Fortis Hospital Mulund

4.B.K.Global Hospital,S.V.Road,Andheri

Specialized Treatment

5. Cumballa Hill Heart Institute, Grant Road

6. Wokhardt Hospital

7. Asian Heart Institute.

2

Baroda

1.Narahari Arogya Kendra

2 Metro Hospital & Research Institute

2. Bhailal Amin General Hospital

3

New Delhi

1. Park Hospital

2. Vidyasagar Institute of Mental Health and Neuro- sciences (VIMHANS)

3. B.L.Kapoor Memorial Hospital

4

Chennai

1. M.I.O.T Hospital Manapakkam

2. Madras Medical Mission

3. Apollo Hospital

5

Kolkata

Mission of Mercy Hospital/R.N.Tagore

6

Lucknow

Sahara Hospital, Gomtinagar

Avadh Hospital & Heart centre,

7

Jaipur

Soni Hospital, Jaipur

8

Patna

Jagdish Memorail Hospital

9

Indore

Choithram Hospital & Research Centre

10

Pune

KEM Hospital

Dinanath Mangeshkar Hospital

11

Ahmedabad

Gujarat Research & Medical

Institute (Rajasthan Hospital)

12.

Bareilly

Dhanvanthary Tomar Hospital

13

Dehradun

Himalayan Institute Hospital Trust

List of Bank Dispensaries with Part Time Medical Consultant at Various Centres

1

Mumbai

2

New Delhi

3

Kolkata

4

Chennai

5

Patna

6

Baroda

7

Jaipur

8

Lucknow

9

Bhopal

10

Ahmedabad

11..

Bareilly

12.

Gandhinagar

85. BANK OF BARODA LIST OF HOLIDAY HOMES

Sr.No

HOLIDAY HOMES

CONTROLLING BRANCH

A

RAJASTHAN ZONE:

UDAIPUR REGION:

1.

MOUNT ABU

“Ambu Shri Kunj”,

1,Janta Colony,

Behind Hotel Hilltone,

Mount Abu – 307 501 (Dist.- Sirohi)

Rajasthan

Ph: Mobile – 09427600696.

Bank of Baroda,

Abbr. Code: “ABU”

MOUNT ABU-307 501 4 ROOMS

Dist. Si rohi

Rajasthan

Ph: (02974) 235166

CBS A/c. No.10500400000121

2.

UDAIPUR

Hotel Kanchan Palace,

60, Panchsheel Marg,

Town Hall Road,Delhi Gate

Near Shramjivi College

UDAIPUR-313001

Ph : 0294-2420162/2425145/5101579

Bank of Baroda,

Abbr. Code: “UDAIPU”

Udaipur Main Branch 4 ROOMS

Opp: Town Hall,

UDAIPUR - 313 001

Ph: (0294) - 2421673, 2420671 [F] 2413245

CBS A/c. No. 01370400000455

3.

NATHDWARA

Hotel Shahi Palace

Opp. Vandana Talkies,

Bus Stand,

NATHDWARA

Dist. Rajsamand, Rajasthan-313301.

Ph. 02953-230899, Mob:09660634091

Bank of Baroda.

Abbr. Code: “NATHDW” 2 ROOMS

Nathdwara Branch

NATHDWARA, Dist: Rajsamand

Ph: (02953) - 232914, 234108.

CBS A/c. No. 10300400011970

JAIPUR REGION:

4.

JAIPUR

Hotel Ratnavali, M.I. Road,

138, New Colony, Nr. Panch Batti

JAIPUR - 302 001(Rajasthan),

Ph: (0141) 2363217 / 2377487

FAX (0141) 2367530.

Bank of Baroda

Abbr. Code: “MULJAI” 6 ROOMS

Park Street Branch

7, M.I. Road, JAIPUR - 302 001(Rajasthan)

Ph: (0141) 2370366 / 2379812.

FAX : (0141) 2378364

CBS A/c. No. 14360400000235

B

NORTHERN ZONE:

DELHI METRO II REGION

5.

NEW DELHI

Hotel Swarana Palace

15-A/33, W.E.A. Ajmal Khan Road

KAROL BAUG,

NEW DELHI - 110 005

Ph : (011) 25761110 / 25713815 Ph : (011) 25748727 / 25814285

Bank of Baroda

Abbr. Code: “KAROLB” 10 ROOMS

Karol Baug Branch

`5-A/14, Amjal Khan Road

NEW DELHI - 110 005

Ph: (011)-25751650 / 25723585 / 25720425

FAX : (011) 25752442

CBS A/c. No. 00970200000171

CHANDIGARH REGION:

6.

SIMLA

Hotel Dreamland

The Ridge,

SIMLA

Ph: (0177) 2653005 / 2806897

Bank of Baroda Abbr. Code: “SIMLA”

Simla Branch 4 ROOMS

Shri Guru Singh Sabha, Cart Road

SIMLA.

Ph: (0177) 2653153 / 2653010

CBS A/c. No. 10580200000151

7.

MANALI

Hotel Anupam Palace

The Mall,

MANALI - 175 131

Ph: (01902) 252181

Bank of Baroda

Manali Branch, The Mall 4 ROOMS

MANALI - 175 131 (HP) Dist. Kullu.

Ph: (01902) 250052

CBS A/c. No. 32080200000010

PUNJAB, JAMMU & KASHMIR REGION:

8.

KATRA

Hotel Malti Palace

Panthal Road,

KATRA, Jammu.

Ph: (01991) 233500 / 233501

Bank of Baroda

Abbr. Code:“GANJAM” 4 ROOMS

Gandhinagar Branch, Gole Market, Gandhinagar. JAMMU - 180004

Ph: (0191) 2451481 / 2437572

CBS A/c. No. 18750200000045

9.

DALHOUSIE

Hotel Surya Resort

Baloon Church Road,

Bathri View Estate,

DALHOUSIE (H.P.)

Ph: (01899) – 242158

Bank of Baroda

Abbr. Code: “PATHAN” 2 ROOMS

Pathankot Branch

Dalhousie Road, PATHANKOT -145 001

Dist: Gurdaspur (Punjab)

Ph: (0186) 2221150/2232235

CBS A/c. No. 07690200000039

C

U.P. & UTTARAKHAND ZONE:

AGRA REGION:

10.

AGRA

Hotel Jyoti Continental,

Off. Fatehabad Road,

AGRA – 282 001

Ph. 09358039920/21/22

Bank of Baroda, Abbr. Code: “AGRA”

Main Branch, 13, M.G. Road,

AGRA 2 ROOMS

Ph : (0562) 2461202 / 2464362

FAX: (0562) 2250016

CBS A/c. No. 00780400000180

11.

MATHURA

Hotel Heera Celebration

(Hotel Heera Residency P.Ltd)

Opp.Kaila Devi Mandir

Junction Road , Sonkth Adda, MATHURA.

Ph : (0565) 2406000/6543222

Bank of Baroda, Abbr. Code :”MATHUR”

Kotwali Road,

MATHURA. 281 001. 2 ROOMS

Ph : (0565)2505969 / 2901183

FAX : (0565)2403694

CBS A/c. No. 07470200000581

DEHRADUN REGION:

12.

HARDWAR

Hotel Kailash

Shivmurthy, Opp. Railway Station Railway Station Road

HARDWAR

Ph: (01334) 227789

Bank of Baroda,

Abbr. Code: “HARDWA” 2 ROOMS

Upper Road,

HARDWAR - 249 401 ( Dist: Hardware)

Ph: (01334)-227535/226671

CBS A/c. No. 09260200000396

13

MUSSOORIE

Hotel Deep

Camel Back Road, Kulri

MUSSORRIE.

Ph : (0135) 2632470

FAX : (0135) 2630470

Bank of Baroda, Abbr. Code:”MUSSOO”

Mussorie Branch, Pooranchad Estate

The Mall, Kulri, 4 ROOMS

MUSSOORIE - 248 179

Ph : (0135) 2632356 / 2630670

CBS A/c No 12320200003958

HALDWANI REGION

14.

NAINITAL

Hotel Abhiruchi

The Mall, Tallital

NAINITAL

Ph : (05942) 232512

Bank of Baroda, Abbr. Code: “NAINIT”

Mallital, Mall Road 5 ROOMS

NAINITAL - 263 001 ( Dist: Nainital)

Ph: (05942) 236285 / 236841

CBS A/c. No/ 06090200000167

LUCKNOW REGION:

15.

LUCKNOW

Grand Hotel

Nr. Novelty Theatre

4, Lalbaug,

LUCKNOW.

Ph: (0522) 2619661 / 2624229

Mobile No. 09935092176

Bank of Baroda Abbr. Code: “NARHI”

Regional Office, Lucknow

2nd Floor, 23, Vibhutikhand,

226 Gomti nagar,

LUCKNOW 3 ROOMS

Ph.: (0522) 6677656

FAX : (05220 6677667

CBS A/c No 08700200000481

VARANASI REGION

16.

VARANASI

Hotel Siddharth

D/58/9 Sigara

VARANASI.

Ph : (0542) 2221961/2220861/2223301

Bank of Baroda Abbr. Code : NADEBS

Nadesar Branch

VARANASI. 2 ROOMS

Ph : (0542) 2361820

CBS A/c No. 28620200000369

D

SOUTH ZONE:

TAMILNADU REGION:

17.

OOTY

Sri Vigneswara Nilayam

421, H2 Victoria Hill, 2nd Floor,

Beside Hotel Vidya Delight,

Ettines Road,

OOTY - 643 001

Ph : (0423) 2450196

Bank of Baroda,

Abbr. Code: “COONOO” 5 ROOMS

Coonoor Branch, P.B.No.22, 57,

Grays Hill, COONOOR - 643 101.

Ph : (0423) 2231721,

FAX : (0423) 2236721

CBS A/c. No. 10490200000082

18.

KANYAKUMARI

Laxmi Tourist Home

East Car Street, Nr. Sea Shore

KANYAKUMARI-629 702

Ph: (04652) 246333

Bank of Baroda,

Abbr. Code: “NAGCOI” 2 ROOMS

Nagarcoil Branch, DDJ Centre,

Opp: Vadasheri Bus Stand,

NAGARCOIL - 629 001

Ph: (04652) 232445

CBS A/c. No. 24420200001683

19.

KODAIKANAL

C/o M/s. Sornam Apartments

Fern Hill Road, Opp: Hotel Tamilnadu,

KODAIKANAL 624 001

Ph: (04542) 240562

Bank of Baroda,

Abbr. Code: “MADURA”

Madurai Main Branch, PB No. 142

5, East Avani Moola Street

MADURAI - 625 001. 4 ROOMS

Ph: (0452) 2622938

FAX : (0452) 2622038

CBS A/c No. 05530200000647

CHENNAI METRO REGION:

20.

CHENNAI

Bank Of Baroda Holiday Home

New No. 30/60, Old No. Home 60/1,

Barkit Road ,T. Nagar

CHENNAI - 600 017 ,

Ph : (044) 23454349

Bank of Baroda,

Abbr. Code: “MYLAPO” 4 ROOMS

Z.O. Southern Zone,CHENNAI - 600 018

Ph : (044) 23454371, 23454305

FAX (044) 23454331

CBS A/c. No. 05270100008700

KARNATAKA REGION:

21.

BANGALORE

Hotel Anand Regency

No.10, 2nd Cross Road, 6th Lane,

Near Syndicate Bank Zonal Office

Gandhi Nagger,

BANGALORE. 560 009

Ph : (080) 41241050/41241051/ 41241052 FAX : (080) 41241155

Bank of Baroda

K.G. Road Branch P.O. Box No. 2

Prithvi Building, Kempa Gowda Road

BANGALORE. 560 009.

Ph : (080) 22268106/107/108 2 ROOMS

FAX (080) 22253526

CBS A/c. No. 05190200000049

ANDHRA PRADESH REGION:

22.

TIRUPATI

Hotel Bhimas Paradise

33-37 Renigunta Road,

TIRUPATI - 517501

Ph: (0877)-2237271 / 2237272

Fax: (0877)- 2237277

Bank of Baroda, Abbr. Code: “TIRUPA”

Tirupati branch,15/3/481 B,

V. V. Mahal Road ,TIRUPATI - 517501

Ph : 0877-2222242 5 ROOMS

FAX : 0877-2227651

CBS A/C. NO. 15300100006118

E

MAHARASHTRA & GOA ZONE:

PUNE REGION:

23

LONAVALA

Harnam Shree Housing Complex, Row House No. 2, Tungarliward,

Plot No. 11, Opp. Biji’s Hill Retreat, LONAVALA.

(Dist. – Pune)

Ph: (02114) 273861

Bank of Baroda,

Abbr. Code: “LONAVA” 4 ROOMS

Lonavala Branch,Prabhu Niwas,

Nr.S.T. Bus Stand Gawali Wada,

Mumbai-Pune Highway,

LONAVALA - 410 401 (Dist.-Pune)

Ph : (02114) 273726 / 272119

FAX (02114) 273450

CBS A/c. No. 09440200000490

24.

MAHABALESHSWAR

Hotel Shreyas

Opp: S.T. Bus Station

MAHABALESHWAR - 412 806

(Dist: Satara) Maharashtra

Ph: (02168) - 260365, 260603

Bank of Baroda, Abbr. Code: “SATARA”

355/A, Shanivar Peth,

SATARA 415 002. 3 ROOMS

Ph : 02162 234184

FAX 02162 227594

CBS A/c. No. 04420200000004

AURANGABAD REGION:

25.

SHIRDI

Nisarg Cottage Resorts

Shirdi - Ahmednagar Road

SHIRDI - 423 109,

Maharashtra

Ph: (02423) 255115 / 255633

Mobile No. 09822599263

Bank of Baroda,

Abbr. Code: “KOPERG” 3 ROOMS

Kopergaon Branch

Kopergaon People’s Bldg., Bank Road, KOPERGAON - 423 601,

Dist: Ahmednagar (Maharashtra)

Ph : (02423) 222301, FAX (02423) 225581

CBS A/c. No. 04560200000297

26

NASIK

“Trimbak”, Bank of Baroda Holiday Home, Duplex Flat, Thakkar’s Retreat,

Old Gangpur Naka,

NASIK

Ph: (0253) 2582881

Bank of Baroda,

Abbr. Code: “GANNAS” 3 ROOMS

Gangapur Branch

7-B, Torna Palace, Maniknagar Soc.

Gangapur Road Br.

NASIK - 422 013

Ph : (0253) 2570722 FAX (0253) 2316428

CBS A/c. No. 27850200000025

27

AURANGABAD

Hotel Kartiki, Opp: Siddharth Garden

Lal Bahadur Shastri Marg

AURANGABAD - 431 001

Ph: (0240)-2339060/61/ 62

Bank of Baroda,

Abbr. Code: “SAMRAT” 2 ROOMS

Samarthnagar Branch

AURANGABAD - 431 001

Ph: (0240)-2334208, 2362276

CBS A/c. No. 18880200000338

GOA & W. MAH. REGION:

28.

GANPATIPULE

Abhisek Beach Resort

GANPATIPULE.

Ph : (02357) 264264 / 235555

Mobile 093738 48184

Bank of Baroda

Abbr. Code : MAHRAT 2 ROOMS

Ratnagiri Branch

Pras Plaza, C Wing, K.C.Jain Nagar,

Maruti Mandir.

RATNAGIRI

Ph : (02352) 222539.

FAX : (02352) 221631

CBS A/c. No. 10130200000187

29.

PANAJI

Bank of Baroda Holiday Home

F-1, La Campala Colony,

Meera Marg

PANAJI - 403 001.

(GOA)

Ph:(0832) 2464361

Bank of Baroda,

Abbr. Code: “PANAJI”

Regional Office ; Goa & W. Maha Reg.

4Th Floor, Plaza Chamber,

Dr, A.B.Road, 12 ROOMS

PANAJI - 403 712, (GOA)

Ph: (0832)- 2426213/2224565/2235338

FAX : (0832)-2228367

CBS A/c. No. 04820400000076

F

EASTERN ZONE:

WEST BENGAL AND SIKKIM REGION:

30.

DARJEELING

Hotel Sagarika

1, J.P. Shama Road,

DARJEELING 734 001

Ph: (0354) 2253885

Bank of Baroda,

Abbr. Code: “DARJEE” 3 ROOMS

14, H.D.Lama Road,

12/11,Rovertson Road,

DARJEELING -734 101

Ph / FAX : (0354)-2254644

CBS A/c. No. 13440400000027

31.

GANGTOK

Travel Lodge,

Tibet Road

GANGTOK - 737 101

(East Sikkim)

Ph: (03592)-203858

Bank of Baroda,

Abbr. Code: “GANGTO” 3 ROOMS

Gangtok Branch,

New Market.M.G. Marg,

GANGTOK - 737 101.

Ph: (03592)-203216

CBS A/c. No. 24950400000022



KOLKATTA METRO REGION:

32

KOLKATA

Hotel Swagat,

37,Hazara Road,

KOLKATA - 730 029.

Ph. : (033) 24766161/6262/6464

(033) 24748566

FAX : (033) 24758324

Bank of Baroda,

Abbr. Code: “LANSDO” 3 ROOMS

Lansdowne Market Branch

3/1- B, Mahendra Road

KOLKATA - 700 025.

Ph: (033) 24759649 / 24860332.

FAX : (033) 24860332

CBS A/c. No. 00310100002342


G

BIHAR, JHARKHAND & ORISSA ZONE:

ORISSA REGION:

33

BHUBNESHWAR

Hotel Priya

A-30/1, Unit-3, Kharvelnagar,

J.N. Marg,

BHUBNESHWAR - 751 001

Ph: (0674) 2395357/2395358/2395359

Bank of Baroda,

Abbr. Code: “BHUBAN” 2 ROOMS

91/92,Bapuji Nagar,

BHUBNESHWAR - 751 009

Ph: (0674) 2597214 / 2597910

FAX: (0674) 2597108

CBS A/c. No. 06880200000743

34.

PURI

Hotel Lee Garden, V I P Road,

PURI – 752 001 (Orissa)

Ph: (06752) 229986/223647

Bank of Baroda Abbr. Code SWARGD

Swargdwar Branch

PURI. 752 001. 8 ROOMS

Ph : (06752) 223051

CBS A/C. NO. 24290200000207

H

GUJARAT ZONE:

BULSAR REGION:

35.

SAPUTARA

Hotel Chitrakut Guest House & Rest.

SAPUTARA

Dist: Dang,

Gujarat.

Ph: (02631)-237261/237237

Bank of Baroda, Abbr. Code: “TITHAL”

Regional Office, Bulsar Region

Mahalaxmi Aptt., Tithal Road,

BULSAR-396 001 4 ROOMS

Ph: (02632) 241453/241486/240277/244210 Fax: (02632)-248321,243112

CBS A/c. No. 17410200000481

JAMNAGAR, JUNAGADH & KUTCH REGION:

36.

DIU

Royal Hotel,

Near Old Fish Market, Behind Diu Municipal Complex

DIU (Union Territory) – 362 520

Ph: (02875)-253786 Mob.09714313130

Bank of Baroda, Abbr. Code: “DIU”

Diu Branch, Nr. Jumma Masjid,

Dr. Kelkar Road, 2 ROOMS

DIU (Union Territory) 362 520

Ph. - (02875) 252302

CBS A/c. No. 40610200000042

J

GREATER MUMBAI ZONE:

MUMBAI METRO EAST REGION:

37.

MUMBAI

‘Nugget”

Opp. Samna Press, Near Parel Bus Depot, Nagu Sayajiwadi, New Prabhadevi Road,

MUMBAI – 400 025

Ph : (022) 24386098

Bank of Baroda, Prabhadevi Branch

Abbr. Code –‘ PRABHA’

Kamna Co-op. Housing Society

S.K. Bole Road, Prabhadevi

MUMBAI – 400 028, 5 ROOMS

Ph : (022) 24229440/24227381,

FAX : (022) 24302940

CBS A/c. No. 12530200000270

86. SCHEMES MANAGED BY THE ASSOCIATION:

1. Employees Scheme Of Contribution Of Rupees Ten ( ESCORT ) :

“The greater consolation for the loss of the dead is found in the thinking of the living left behind”. With this noble philosophy our association has introduced this scheme w.e.f. 01.01.95. Under the scheme every participating officer is called upon to contribute Rupees 10/- when an officer dies while in service. Members can participate in the scheme by submission of irrevocable Letter of authority which authorizes the bank for necessary deduction from salary.

2. All India Bank of Baroda Officers Welfare Fund ( AIBOBOWF ):

Our Association has launched a Welfare Fund in the year 1986 with the objective of undertaking welfare measures for the officers and their family members who joins the scheme with a one time membership fee of Rs. 1000/- (Rupees One thousand). It is named as “ALL INDIA BANK OF BARODA OFFICERS’ WELFARE FUND”. It undertakes following activities

I. Financial help of Rs. 30000/- to the family of the officer who dies while in service.

II. Merit award of Rs 750. /- to children of members who secure highest percentage of marks in S.S.C, H.S.C., Graduation and Post-Graduation including Engineering and Medicine in the annual examination. Each zone is given 18 awards, SSC - 6, HSC - 6 and Degree – 6

III. After retirement benefits in the form of 50% of members’ own contribution.

IV. Association have plans to enlarge scope of the activities such as providing relief measures to members who are victims of natural calamities, establishment of Holiday Home etc.

87. Canteen subsidy – its discontinuation –

Reimbursement of Refreshment Expenses

We wish to inform that the Bank has now decided to discontinue Canteen Subsidy and introduce in its place a new scheme known as “Reimbursement of Refreshment Expenses”. We are glad to inform that under the above mentioned scheme the Bank has now agreed to reimburse an increased amount of Rs.750/- per month to all full time employees and Rs.375/- for the part time employees. This amount will be reimbursed to the debit of P&L A/c. and will be paid to all employees on monthly basis on self declaration. You are also requested to note that all claims should be submitted ONLINE only.