LFC in PNB

Can you provide me the details of the LFC or Leave Fare Concession in All India Punjab National Bank?

[Shaleen]

The details of the LFC or Leave Fare Concession in All India Punjab National Bank are as follows:

In fractional modification of Clause 23 (d) of the Memorandum of Settlement dated 31st October, 1979 encashment of opportunity leave while proceeding on leave fare concession is permitted as under

(a) For a sickness of LFC under 2 year block maximum 15 days either in each block or 30 days in one block.
(b) For a sickness of LFC under 4 year block maximum 30 days.

Workmen employees are free to benefit of leave fare concession in 2 year block or 4 year block, as the case may be, according to the option exercised by them earlier.

In view of certain alteration/progress made to the provisions relating to leave fare concession, employees are given another opportunity to exercise their option for 2 year/4 year block, on expiry of the current operative block of 4 years
LFC in PNB