Section 26 in National Housing Bank (Officers') Service Regulations, 1997
26. Privilege Leave.
(1)An officer shall be eligible for privilege leave computed at one day for every 11 days of service on duty provided that the commencement of service no privilege leave may be availed of, before completion of 11 months of service on duty.(2)An officer on privilege leave shall be entitled to full emoluments for the period of leave.(3)The period of privilege leave to which an officer is entitled at any time shall be the period which he has earned, less the period of leaves availed of.(4)Privilege Leave may be accumulated upto not more than 240 days except where leave has been applied for and it has been refused.(5)An officer desiring to avail of privilege leave shall ordinarily give not less than one month's of his intention to avail of such leave.
