:::::SRI S.B. RODE, OUR BELOVED PRESIDENT, AICBOF AND OFFICER DIRECTOR ON THE BOARD OF CENTRAL BANK OF INDIA HAS BEEN COOPTED AS GENERAL SECRETARY, AICBOF IN E.C. MTG. HELD AT MUMBAI ON 24.02.2014:::::MR. S.C. GUPTA, GEN. SECRETARY OF OUR AHMEDABAD UNIT HAS BEEN COOPTED AS PRESIDENT, AICBOF::::::WE CONGRATULATE THEM AND WISH THAT THE OFFICERS' MOVEMENT IN CENTRAL BANK OF INDIA WILL BE TAKEN TO NEW HEIGHTS:::::LONG LIVE CBOA:::::LONG LIVE AICBOF::::::LONG LIVE AIBOC:::::

AIBOC CIRCULAR NO. 44 DATED 29.04.2011


AIBOC issued its circular No. 44 dated 29.04.2011 on fitment on promotion from one scale to higher scale. We are reproducing the same here for our readers.

CIRCULAR NO.44                                                        DATE: 29.04.2011

TO ALL AFFILIATES /MEMBERS:

FITMENT ON PROMOTION FROM ONE SCALE TO HIGHER SCALE

On account of revision of salary and allowances for officers with effect from 01.11.2007 under 9th bipartite Joint Note signed with IBA on 27.04.2010, there is a necessity to modify the model fitment formula of IBA for officers on account of promotion from clerical scale to officer scale, as well as promotions within the officer category.  The fitment formula should ensure protection as well as a reasonable increase in the emoluments of salary and allowances drawn by the employee/officer before promotion and at no point of time, a junior shall draw higher scale as compared with the senior on the same scale.

Similarly, during the 9th bipartite, a higher starting scale was evolved for officers in Scale – IV and Scale VI, as two additional stagnation increments were granted to Scale I to Scale III Officers.  Hence, there was a need to take care of these changes and to draw a model fitment formula for these categories of officers to ensure the benefit of two stages higher fitment.

We had a series of meetings and negotiations with the IBA officials and offered number of suggestions to rectify the anomalies in the existing fitment formula. We are glad that, IBA has come out with modified model fitment formula for its member banks, giving due consideration to various  suggestions that were made by the Confederation, with effect from 01.11.2007, subject to existing bank level agreements on fitment formula of officers or court directions/injunctions.

We highlight gist of the modified formula as under:

Ø       Fitment formula on promotion from clerical cadre to officer cadre in JMG-I on or after 01.11.2007 will be at a minimum scale of officer at Rs. 14,500/- basic pay upto 9th stage in clerical scale.
Ø       25th stage in clerical scale is equivalent to Rs. 25,700/- basic pay in Officer’s Scale-I.
Ø       Appropriate adjustments in the date of effect of next increments in higher scale are made to avoid anomalous situations.
Ø       Adjustments on account of passing of CAIIB/JAIIB, in fitment on promotion to next scale.
Ø       Introduction of Temporary Adjustment Allowance to protect Basic Pay plus Dearness Allowance of an officer on promotion, as compared to Basic Pay plus Stagnation Increment plus Special Pay plus Dearness Allowance drawn as clerical staff, which will be wiped off in three years at 1/3rd of TPA.
Ø       Grant of CAIIB increment(s) for those employees passing CAIIB after reaching 20th stage, in clerical cadre, on promotion to officer scale-I.
Ø       Protection of stagnation increment due in previous scale, on promotion to higher scale.
Ø       Protection of fixed personal pay on promotions etc.
Ø       The higher starting scale for Scale-IV & V has been protected in the fitment formula.

Comrades, due to the persistent persuasion and follow-up by AIBOC with IBA, we could ensure a fair fitment formula for officers. Detailed charts showing scale wise fitment are annexed.

The IBA vide its Circular No.CIR/HR & IR/76/582/2011-12/2998 dated 25.04.2011 had issued detailed guidelines to member banks. We request our affiliates/members to take note of the revised formula.

With greetings,
Sd/-
(G.D. NADAF)
GENERAL SECRETARY


ANNEXURE - I
Fitment Chart on promotion from Clerical cadre to Officer Cadre in JMG Scale I, on or after 1.11.2007

Stage
Pay in Clerical Cadre
Fitment at corresponding stage in Junior Management Grade Scale I

From 1.11.07 to 30.4.10
From 1.5.10 onwards
1
6200
7200
14500
2
6600
7600
14500
3
7000
8000
14500
4
7400
8400
14500
5
7900
8900
14500
6
8400
9400
14500
7
8900
9900
14500
8
9500
10500
14500
9
10100
11100
14500
10
10700
11700
15100
11
11300
12300
15700
12
12000
13000
16300
13
12700
13700
16900
14
13400
14400
17500
15
14100
15100
18100
16
14800
15800
18700
17
15500
16500
19400
18
16200
17200
20100
19
17500
18500
20900
20
18300
19300
21700
+1
19100
20100
22500
+2
19900
20900
23300
+3
20700
21700
24100
+4
21500
22500
24900
+5
22300
23300
25700
+6
23100
24100
25700
+7
23900
24900
25700

ANNEXURE - II

Fitment Chart on Promotion for Officers Promoted from One Scale to another on or after 1.11.2007

A. Fitment Chart on promotion from Scale – I to Scale-II

Stage
Scale-I
Scale-II
1
14500]

2
15100]

3
15700]

4
16300]

5
16900]

6
17500]

7
18100]

8
18700]
19400
9
19400
20100
10
20100
20900
11
20900
21700
12
21700
22500
13
22500
23300
14
23300
24100
15
24100
24900
16
24900
25700
17
25700
26500
+]
26500
27300
+]
27300
28100
+]
28100
28900
++]
28900
29700
++]
29700
30600
++]
30600
31500
++]
31500
31500

                        +   Sliding
                        ++ Stagnation increments

ANNEXURE - III


B. Fitment Chart on Promotion from Scale-II to Scale-III




Stage
Scale-II
Scale-III
1
19400]

2
20100]

3
20900]

4
21700]

5
22500]

6
23300]

7
24100]
]

8
24900]
25700
9
25700
26500
10
26500
27300
11
27300
28100
12
28100
28900
+
28900
29700
+
29700
30600
+
30600
31500
+
31500
31500
++
32400
32400
++
33300
33300
++
34200
34200


+     Sliding
++   Stagnation increments

ANNEXURE - IV

C.         Fitment Chart on Promotion from Scale-III to Scale-IV


Stage
Scale - III
Scale -IV
1
25700

2
26500

3
27300

4
28100
30600
5
28900
31500
6
29700
32400
7
30600
33300
8
31500
34200
++
32400
35200
++
33300
36200
++
34200
36200
++
35100
36200

++ Stagnation increments

ANNEXURE - V

D.         Fitment Chart on Promotion from Scale-IV to Scale-V
Stage
Scale -IV
Scale - V
1
30600
36200
2
31500
36200
3
32400
36200
4
33300
36200
5
34200
37200
6
35200
38200
7
36200
39300


ANNEXURE - VI

E.         Fitment Chart on Promotion from Scale-V to Scale-VI


Stage
Scale - V
Scale - VI
1
36200
42000
2
37200
42000
3
38200
42000
4
39300
43200
5
40400
44400

ANNEXURE - VII

F.         Fitment Chart on Promotion from Scale-VI to Scale-VII


Stage
Scale VI
Scale VII
1
42000
46800
2
43200
46800
3
44400
46800
4
45600
48100
5
46800
49400

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