My Tax & Diary

Home >> Bankers >> You are Here
Last modified / updated Jan. 01, 2016

PQP & FPP- Workmen

GRADUATION PAY/ PROFESSIONAL QUALIFICATION PAY

For those workmen who hereafter reach or have already reached 20thstage of the scale and have got increments in consideration of educational qualification(s), Graduation Pay/ Professional Qualification Pay shall be payable as under:

  1. Those who are graduates and/or NDC -
    Rs.410/- p.m. after they complete 1 year
    Rs.800/- p.m. after they complete 2 years
  2. Those who have passed JAIIB or Part I of CAIB/CAIIB-
    Rs.410/- p.m. after they complete 1 year>
  3. Those who have passed JAIIB and CAIIB or Both Parts of CAIB/CAIIB -
    Rs.410/- p.m. after they complete 1 year
    Rs.800/- p.m. after they complete 2 years
    Rs.1210/- p.m. after they complete 3 years
  4. Those who are graduates/NDC and have passed JAIIB or Part I of CAIB/CAIIB -
    Rs.410/- p.m. after they complete 1 year
    Rs.800/- p.m. after they complete 2 years
    Rs.1210/- p.m. after they complete 3 years
  5. Those who are graduates/NDC and have passed JAIIB or Both Parts of CAIB/CAIIB -
    Rs.410/- p.m. after they complete 1 year
    Rs.800/- p.m. after they complete 2 years
    Rs.1210/- p.m. after they complete 3 years
    Rs.1620/- p.m. after they complete 4 years
    Rs.2010/- p.m. after they complete 5 years.
Area of Posting Total FPP payable where bank's accommodation is not provided Total FPP payable where bank's accommodation is provided Increment Component of FPP
(1) (2) (3) (4)
CLERICAL STAFF
(i) Places with population of more than 45 lakhs 1585 14501310
((ii)Places with population of 12 lakhs and above including State of Goa 15701450 1310
(iii) Other places not covered in (i) and (ii) above 155014501310
SUBORDINATE STAFF
(i) Places with population of more than 45 lakhs 790 730 655
(ii)Places with population of 12 lakhs and above including State of Goa 790 730 655
(iii) Other places not covered in (i) and (ii) above 780 730 655










HomeContactPrivacy