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DISCUSSION WITH IBA ON LEAVE MATTER FOR 10TH BIPARTITE WAGE REVISION FOR BANKERS ON 18 MARCH 2015


Following is the circular of three pages for the discussion on leave matters with IBA and Bank union.

The below is the circular issued by AIBEA, an umbrella union for bank unions of public sector banks including State bank of India.

Following are important highlights of the discussion with IBA on ancillary matters dated 18th March 2015.
  • Encashment of Leave can be done even after 20 years of service
  • The clause of 6 days continuous holiday with 4 days of CL is removed now, so that you can avail more than 6 days of continuous holiday with 4 days of CL
  • PL can be availed on 4 occasion in a year as against present three.
  • PL can be accumulated upto 270 days from present 240 days , but encashment can only be for existing 240 days only.
  • Now 4 UCL continuous can be availed once a year without medical certificate or 2 -2 twice.
  • Paternity leave 2 times for 15 days




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