Union of India - Act
National Housing Bank (Officers') Service Regulations, 1997
UNION OF INDIA
India
India
National Housing Bank (Officers') Service Regulations, 1997
Rule NATIONAL-HOUSING-BANK-OFFICERS-SERVICE-REGULATIONS-1997 of 1997
- Published on 11 April 1997
- Commenced on 11 April 1997
- [This is the version of this document from 11 April 1997.]
- [Note: The original publication document is not available and this content could not be verified.]
1920.
PreliminaryG.S.R. No. 213(E) dated 11th April, 1997. - In exercise of the powers conferred by section 55 of the National Housing Bank Act, 1987(53 of 1987), the Board, with the previous approval of the Reserve Bank of India and in consultation with the Central Government, hereby makes the following regulations, namely :-Chapter 1
1. Short title and Commencement.
2. Officer to whom the regulations apply.
3. Definitions.
- In these regulations, unless there is anything repugnant to the subject or context.Chapter II
Grades, Scales Of Pay And Categorisation Of Posts
4. Grades and Scales of Pay.
| Grade | Scale | Scaleof pay |
| (a)Special Grade | Asapplicable to the Executive Directors of the Nationalised banks. | |
| (b)Top Executive | ScaleVII | Rs.12650-300/2-13250-350/1-13600-400/1-14000 |
| ScaleVI | Rs.11450-300/4-12650 | |
| (c)Senior Management grade | ScaleV | Rs.10450-250/4-11450 |
| ScaleIV | Rs.8970-230/1-9200-250/5-10450 | |
| (d)Middle Management Grade | ScaleIII | Rs.8050-230/5-9200-250/2-9700 |
| ScaleII | Rs.6210-230/11-8740 | |
| (e)Junior Management | Scale1 | Rs.4250-230/3-4940-350/1-5290-230/12-8050 |
5. Increments.
6. Categorisation.
- Having regard to the responsibilities and functions exercisable, every post of an officer in the Bank shall be categorised by the Board or any authority specified by the Board in this behalf as falling in any one of the grades or scales mentioned in regulation 4, and such categorisation may be reviewed by the Board or such authority.7. Categorisation on the appointed day.
- Subject to the provisions of regulation 6, the officers in the existing grades/scales/posts immediately before the appointed day shall be categorised as specified in the Table below :Table| Grades/Scales/posts | Gradeor Scale in which placed |
| 1 | 2 |
| ExecutiveDirector Chief General Manager(s) | SpecialGrade Top Executive Grade Scale and Special Allowance as drawnof the appointed day |
| GeneralManager(s), Grade A and Scale VII | TopExecutive Grade Scale VII |
| DeputyGeneral Managers Grade B and Scale VI | TopExecutive Grade Scale VI |
| Asst.General Managers Grade C and Scale V | Sr.Management Grade Scale V |
| RegionalManager Grade D and Scale IV | Sr.Management Grade Scale IV |
| ManagersGrade E and Scale III | MiddleManagement Grade Scale III |
| DeputyManagers Grade F and Scale II | MiddleManagement Grade Scale II |
| Asst.Managers Grade G and Scale I | JuniorManagement Grade Scale I |
Chapter III
Appointment, Probation, Confirmation, Promotion, Seniority And Termination
8. Appointments.
9. Probation.
10. Confirmation.
11. Promotions.
12. Seniority.
13. Age of retirement.
- [(1) The age of retirement of an officer employee shall be 60 years, but no extension shall be given to any officer beyond 60 years of age] [Substitued by G.S.R. 213 (E), dated 11th April, 1997 (w.e.f. 11th April, 1997)]Provided that the Bank may, at its discretion, on review by the Special Committee(s) as provided hereinafter in sub-regulation (2) retire on officer employee in public interest on or at any time after the completion of 55 years of age or on or at anytime after the completion of 30 years of total service as an officer employee or otherwise, whichever is earlier.Provided further that before retiring an officer employee, at least three months notice in writing or an amount equivalent to three months pay and allowances, shall be given to such officer employee :Provided further that an officer aggrieved by the order of the Competent Authority, as provided in sub-regulation(2), may within one month of the passing of the order, give in waiting a representation to the Board against the decision of Competent Authority, and on receipt of such representation from the concerned officer, the Board shall consider his representation and take a decision within a period of three months, where the Board decides that the order passed by the Competent Authority is not justified, the concerned officer shall be reinstated as though the Competent Authority has not passed the order.Provided also that nothing in this regulation shall be deemed to preclude an officer employee from retiring earlier pursuant to the option exercised by him in accordance with the rules in the Bank.Explanation. - An officer will retire on the day of the month in which he completes his age of retirement. An officer whose date of birth falls on the first of a month, shall retire on the last day of the preceding month.14. Termination of service.
Chapter Allowances
15. Dearness Allowance.
16. House Rent Allowance.
- Whereas an officer is not provided with any residential accommodation by the Bank, he shall be eligible for House rent allowance at the following rates:| I | II |
| (i)Major 'A' Class cities and Project Area Centres in Group A | 13%of Pay |
| (ii)Other places in Area I and Project Area Centres in Group B | 12%of Pay |
| (iii)Area 1 and State Capitals and Capitals of Union Territories | 10.5%of Pay |
| (iv)Area 111 | 9.5%of Pay |
17. Other Allowances.
- An officer shall be eligible for the following other allowances, namely:| Places | Rates |
| 1 | 2 |
| (a)Places in Area I and in the state of Goa | 4.5%,of basic pay subject to maximum of Rs. 335/- p.m. |
| (b)Places with population of 5 lakhs and over and State Capitals andChandigarh, Pondicherry and Port Blair | 3.5%of basic pay subject to maximum of Rs. 230/- p.m. |
Chapter V
Perquisites
18. Medical Aid.
| PayRange | Reimbursementlimit p.a. |
| 1 | 2 |
| Rs.4250/- to Rs. 6210/- p.m. | Rs.750/- |
| Rs.6211/- p.m. and above | Rs.1000/- |
19. Residential Accommodation.
- No officer shall be entitled as of right to be provided with residential accommodation by the Bank. It shall, however be open to the Bank to Provide unfurnished resident accommodation on payment by the officer at the rate of 4% pay in the first stage of the scale of pay in which he is placed or the standard rent for the accommodation whichever is less.Provided further that, where such residential accommodation is provided by the Bank, the charge for electric water, gas, conservancy and cable T.V. charges etc. shall be borne by the officer.20. Bank's Car for personal purposes.
21. Loan for the purchase of conveyance.
- The Bank may grant to an officer confirmed in the Bank's service loan for the purchase of a motor car or other conveyance, subject to such terms and conditions as the Board may decide either generally or with reference to a particular loan, having regard to the guidelines of the Government.22. Loans for purchase of houses.
- The Bank may grant to an officer confirmed in the Bank's service a loan for the purchase of land for construction of a house or for purchase or construction of a house, flat or apartment or for extension or renovation of a house, flat or apartment, on such terms and conditions as the Board may decide generally or with reference to any particular loan having regard to the guidelines issued by the Government.23. Entertainment expenses and club membership fees.
- The Bank may reimburse to an officer such entertainment expenses, and such fees for membership of clubs and professional institutions as may be decided by the Board in accordance with the guidelines of the Government.Chapter VI
Leave
24. Kinds of Leave.
- Subject to the grant of leave being determined by the exigencies of service, an officer shall be eligible for the following kinds of leave:-25. Casual Leave.
26. Privilege Leave.
27. Sick Leave.
28. Additional Sick Leave.
- Where an officer has put in a service of 24 years, he shall be eligible to additional sick leave at the rate of one month for each year of service in excess of 24 years subject to a maximum of three months of additional sick leave.29. Maternity Leave.
- Leave upto a period of 3 months at a time may be granted by way of maternity leave including in respect of post natal period or at the time of miscarriage or abortion, so however, that not more than 12 months of such leave shall be available during the entire period of service of the officer.30. Extraordinary Leave.
- An officer shall be eligible for extraordinary leave on loss of pay and allowances for not more than 360 days during the entire period of service. Such leave may not be availed of except for sufficient reasons for more than 90 days at a time. Provided that in special circumstances, the Board may grant extraordinary leave on loss of pay and allowances to an officer up to a total period of 720 days.31. Special Casual Leave & Special Leave.
- An officer may be granted Special Casual leave and may Special Leave for sports, donation of blood, family planning, defending another officer in any inquiry, or for joining civil defence services as may be decided by the Board in accordance with the guidelines of the Government.32. Lapse of Leave.
- All leave shall lapse on the death of the officer or if he cease to be in the service of the Bank, provided that where an officers dies in service, there shall be payable to his legal representative sums which would have been payable to the officer if he has availed of the privilege leave, that he had accumulated at the time of his death:Provided further that where an officer retires from the Bank's he shall be eligible to be paid a sum equivalent to the emoluments of any period of privilege leave that he had accumulated.33. Recall for duty.
- An officer on leave may be recalled to duty by the Competent Authority wherever the Bank deems fit to do so but if the officer is at that time out of station, he shall be eligible to be paid the actual expenses incurred by him and the members of his family for coming back to the station.34. Furnishing the leave address to the Bank.
- An officer, who has been sanctioned leave, and leaves his place of duty shall furnish to the Bank, the address at which he can be contacted while out of station.Chapter VII
Reimbursement Of Expenses On Travel
35. Mode of travel and expenses on Travel.
- The following provisions shall apply whenever an officer is required to travel on duty :-| Grades/Scalesof officers | Major'A' Class cities | AreaI | Otherplaces |
| IVand above I,II,III | Rs.30/- | Rs.25/- | Rs.20/- |
| Rs.25/- | Rs.25/- | Rs.20/- |
| DailyAllowance (Rupees) | |||
| Grades/Scalesof officers | Major'A' Class cities | AreaI | Otherplaces |
| Officerin Scale IV and above | 250 | 200 | 175 |
| Officersin Scales I,II & III | 200 | 175 | 150 |
| Grades/Scalesof officers | Eligibilityto stay | BoardingCharges (Rs.) | ||
| Major 'A' ClassCities | Area I | Other places | ||
| Scale VI & VII | 4*Hotel | 250 | 200 | 175 |
| Scale V | 3*Hotel | 250 | 200 | 175 |
| Scale IV | 3*Hotel | 250 | 200 | 175 |
| Scale II & III | 2*Hotel (Non A/C) | 200 | 175 | 150 |
| Scale I | I*Hotel (Non A/C) | 200 | 175 | 150 |
36. Transfer travelling allowance etc.
| PayRange | Wherehe has family | Wherehe has no family |
| Rs.4250/- p.m. to Rs. 6210/- p.m. | 3000kgs 1000 kgs | |
| Rs.6211/- p.m. and above | FullWagons | 2000kgs |
| Grade | Lumpsum |
| TopManagement & Senior Management | Rs.1500/- |
| TopManagement & Junior Management | Rs.1000/- |
37. Travelling allowance on retirement.
- On retirement, an officer will be eligible to claim travelling allowance, baggage and other expenses for himself and his family as on transfer from the last station at which he is posted to the place where he proposes to settle down on retirement.38. Leave Travel Concession.
- (i) During each block of four years, an officer shall be eligible for Leave Travel Concession for travel to his home town once in each block of two years. Alternatively, he may travel in one block of two years to his home town and in other block to any place in India by the shortest route.Chapter VIII
Terminal Benefits
39. Provident Fund.
40. Gratuity.
Chapter IX
Transferability
41. Transferability.
- Every officer is liable for transfer to any office or branch of the Bank or to any place in India.42.
Every officer shall be available for Bank's duties at any time of the day.43. Joining time on transfer.
- (i) An officer shall he eligible for joining time on one occasion, and not exceeding seven days, exclusive of the number of days spent on travel, to enable hint:Chapter X
Miscellaneous
44. Power to implement regulation.
- The Chairman may from time to time, issue such instructions or directions as may, in his opinion, be necessary for giving effect to or carrying out the provisions of these regulations.45. Interpretation of "Service".
- In interpreting any of these regulations, unless the context otherwise requires, service of an officer, shall be regarded as including his service in the Bank prior to the date of coming into force of these regulations.46. Repeal and Saving.
47. Interpretation.
- If any question arises as to the application or interpretation of any of these regulations, it shall be referred to the Board for its decision. AnnexCriteria/guidelines For Premature Retirement Of Officers Under Regulation 13(2) Of National Housing Bank (Officers') Service Regulations, 1997Criteria/GuidelinesThe special committee/s will take into consideration the following points while considering the case of officers for pre-mature retirement under Regulation 13(2):| Categoryof Officers | SpecialCommittee |
| a.All officers up to Scale IV | ExecutiveDirector and 2 General Managers |
| OR | |
| 3General Managers (to be designated for this purpose by Chairman& Managing Director) | |
| b.All Officers in Scale V and above | Chairman& Managing Director, Govt. Director and RBI Director. |