Home 11th Bipartite Settlement 11th Bipartite Settlement - Hill and Fuel Allowance for Bank Employees

11th Bipartite Settlement – Hill and Fuel Allowance for Bank Employees

In partial modification of Clause 12 of the Bipartite Settlement dated 25th May 2015, the Hill and Fuel Allowance shall be payable at the following rates with effect from 1st November 2017:

aAt places situated at a height of 3000 meters and above8% of pay
(Max. Rs.2250/-p.m.)
bAt places situated at a height of and over 1500 meters but below 3000 meters4% of pay
(Max. Rs.900/-p.m.)
cAt places situated at a height of over 1000 meters but less than 1500 meters and Mercara Town3 % of pay
(Max. Rs. 750/-p.m.)

Note: All other existing provisions shall remain unchanged. SBI may revise the ceiling amounts.

Also Read : 11th Bipartite Settlement – HRA for Subordinate and Clerical Staff

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