Punjab National Bank Rules and Regulations

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Punjab National Bank Officer Employees Rules and Regulations
Chapter I
1. Short Title And Commencement
(1) These regulations may be called Punjab National Bank (Officers')Service Regulations, 1979.
(2) These regulations shall come into force on the 1st day of July 1979.
2. Officers to Whom the Regulations Apply
(1) These regulations shall apply to all officers of the Bank and tosuch other employees of the Bank to whom they may be madeapplicable by the Competent Authority to the extent and subject tosuch conditions as such Authority may decide.
(2) They shall also apply to officers transferred/ /posted/deputed outside India except to such except as may be specifically or generallyprescribed by the Competent Authority.
(3) They shall, however, not apply to employees appointed /engaged in anycountry outside India and permanently serving there.

Chapter I1
Grades And Categorization of Posts
4. Grades & Scales of Pay
4. (1) On and from 1-11-1987, the scales of pay specified against each gradeshall be.as under:-
(a) Top Executive Grade
Scale VII Rs.6400- 150-7000
Scale VI Rs.5950-150-6550

(b) Senior Management Grade
Scale V Rs.5350-150-5950
Scale IV Rs.4520-130-49 10- 140-5050-1 50-5350

(c) Middle Management Grade
Scale I11 Rs.4020-120-4260- 130-49 10
Scale II Rs.3060- 120-4260- 130-4390

(d) Junior Management Grade . .
Scale I Rs.2 100-120-4020

4. (2) On and from 1.-7-1993, the scales of pay specified against 'each gradeshall be revised as under:-
(a) Top Executive Grade
Scale VII Rs. 12650-300- 13250-350- 13600-400- 14000
Scale VI Rs. 1 1450-300-12650

(b) Senior Management Grade
Scale V Rs. 10450-250-1 1450
Scale IV Rs.8970-230-9200-250-10450

(c) Middle Management Grade
Scale I11 Rs.8050-230-9200-250-9700
Scale I1 Rs.6210-230-8740

(d) Junior Management Grade
Scale I Rs.4250-230-4940-350-5290-230-8050

With effect from 1'' April 1998, the scales of pay specified against eachgrade shall be as under:-

(a) Top Executive Grade
Scale VII - Rs. 19340 - 42012 - 20180 - 52011 - 20700 - 60011 - 21300
Scale VI - Rs. 17660 - 42014 - 19340

(b) Senior Management Grade
Scale V - Rs.16140-38014- 17660
Scale IV - Rs.13900 - 34011 - 14240 - 38015 - 16140

(c) Middle Management Grade
Scale I11 - Rs.12540 - 34015 - 14240 - 38012 - 15000
Scale I1 - Rs.9820 - 34011 1 - 13560

(d) Junior Management Grade
Scale I - Rs.7100 -340116 - 12540