January 3, 2015

What are the Lease Rental facility for Bank Officers?

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Lease Rental facility for Bank Officers in Bank of India

Bank officers get rent lease facility from their Bank for the accommodation .Due to Overall increase in rental at all centres. Boards has approved following rental ceilings as under (Effective from 01-10-2014):


Grade/Scale of Officers
*Mumbai/New Delhi
Other Major “A” Cities
“A” Category
“B” Category
“C” Category
JMGS-I
12500
10000
7500
5500
4000
MMGS-II
13000
11000
8500
6000
4500
MMGS-III
13500
11500
8500
6500
5000
SMGS-IV
15000
13000
9500
7500
7000


Grade/Scale
Major “A” Cities
“A” Category Cities & State Capitals
Other Cities
V
17000
11500
8500
VI
19000
13000
9500
VII
21000
15000
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Basic for classification of centres (Based on Census 2001 Figure):
           
Major “A”
Ahmedabad,Banglore, Chennai, Delhi, Hyderabad, Kolkata & Mumbai
“A” Category
Centres other than major “A” with population of 7.5 Lakh and above
“B” Category
Centres with population of above 2 lakh but below 7.5 lakh
“C” Category
All Other Centres

 *   (Separate Ceiling have been fixed for Mumbai & New Delhi Centres for Officers up to Grade or Scale IV)