Halting allowance as per Census 2011 – IBA issued orders for Bank Employees

Halting allowance as per Census 2011 – IBA issued orders for Bank Employees

Indian Banks’ Association

HR & INDUSTRIAL RELATIONS

No.HR&IR/CIR/2015-16/E(ix)/1348
September 21, 2015

Designated Officers of Member Banks
who are parties to Bipartite Settlement

Dear Sir/Madam,

Revision of rates of halting allowance to officers and workmen staff pursuant to Census 2011

Kindly refer to our circular no. No.CIR/HR&IR/E(iv)/E(xi)/2015-1611187 dated 7th August, 2015 advising banks of the various centres reclassified per Census 2011, for the purpose of payment of higher HRA/CCA in such centres.

Consequent to the revised classification of centres per Census 2011, halting allowance at higher rates has become payable to officers and workmen staff in respect of these centres.

In terms of an earlier decision of the Personnel Committee of IBA and following the practice followed on earlier occasions, banks may pay/reimburse halting allowance at rates according to the revised classification of areas per Census 2011 with effect from 7th August 2015 i.e. the date of issue of circular letter no. No.CIR/HR&IR/E(iv)/E(xi)/2015-16/1187.

Yours faithfully,
sd/-
K Unnikrishnan
Deputy Chief Executive

Authority: www.iba.org.in

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