Some information for those family members of the employees who died before 05.08.2014:

1.compassionate appointment is applicable for those who died 
on or after 05.08.2014.

2. Ex-gratia is applicable for those who died from July 2004 to 04.08.2014 
subject to certain conditions.

This is the clear message I want to inform to 
family members of the deceased employees.

There are three types of family members of the deceased employees.

1. Those who applied for ex-gratia and got.

2. Those who applied but not sanctioned.

3. Those who did not applied at all for ex-gratia

    (With the hope of getting appointment one day or other) .

Those who come under category 2 and 3 may approach Union in which the deceased

was a member for redressal.

*******************************************************************

About the scheme restored from 05.08.2014 (as per AIBEA Circular)  :

This Scheme as approved by the Government will be effective from 5-8-2014 i.e. it would cover cases of deaths of employees and officers from and after 5-8-2014.  There are anxious queries about the past cases.  We shall take up the same is due course and developments, if any, would be informed thereafter.

********************************************

Information about Scheme of Ex-gratia in lieu of appointment 
applicable to those employees who died from July 2004 to 04.08.2014:

1. Board, at its meeting dated 10.08.2005, has approved a revised scheme

based on IBA's model scheme formulated as per Government guidelines for

payment of Ex-gratia to the family of employees dying in harness/employees

prematurely retired on medical grounds, in lieu of appointment on

compassionate grounds

2. In the unfortunate event of death of an employee, the eligible dependants may

submit application for ex-gratia to the branch/office where the deceased

employee worked last, within six months from the date of death of such

employee.

3. The ex-gratia relief under the scheme is not an entitlement but will be granted at

the sole discretion of the Bank taking into consideration the financial conditions

of the family and eligibility as per the scheme.

4. Ex-gratia may be granted to the family of the employee in the manner and

subject to the ceilings specified below, if the monthly income of the family from

all sources is less than 60% of the last drawn salary (net of taxes) of the

employee.

5.The cadre-wise ceiling on Ex-gratia amount payable will be as follows:

CATEGORY            MAXIMUM AMOUNT

Officers                  Rs. 8 lacs

Clerical Staff          Rs. 7 lacs

Substaff                  Rs. 6 lacs

6. While dealing with proposals for grant of ex-gratia as above, in cases where

disciplinary action had been taken/was pending against the employee dying in

harness or the deceased employee was involved in financial irregularities,

embezzlement of funds, committing frauds, etc. Bank will continue to abide by

the guidelines issued by the Government of India requiring consideration and

decision in each case by the Board of the Bank.(i.e will not be paid)