Académique Documents
Professionnel Documents
Culture Documents
FOREWORD
Hearty welcome to every one of you.
Lot of challenges including mergers & amalgamation, disinvestment of equity of some PSU
banks, allowing foreign direct investment beyond 50 per cent etc are ahead us. Only after
great struggle, our wage revision was settled.
This booklet Info Book for POs on your hand prepared by V Ramaraj, Editor, Friend & Guide,
CBOA, carrying the information regarding the uniqueness of CBOA, CBOAs Welfare schemes &
achievements, CANPAL, facilities given by our Thrift Society & Tips for Probationary Officers,
will be much useful to you.
CBOA has a self-imposed goal of Rs 10,000 crores net profit & total business for 10 lac crores
which is not thought by any other Trade Union in Indian Banking industry.
CANPAL, a voluntary forum consisting of serving & retired Officers, has been formed by our
CBOA with the objective of dedicating ourselves to our beloved Bank to excel in every
parameter as a voluntary service to our Bank.
I invite every one of you to actively participate in CBOAs functioning and also in the development
of our Bank through CANPAL.
Chennai G V MANIMARAN
27.09.2015 GENERAL SECRETARY
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1
Our Beloved Organisation
A publication of
The Canara Bank Officers Association (Regd)
Madurai Region
Compiled by V Ramaraj
Editor, Friend & Guide, CBOA
2
The Canara Bank Officers' Association (Regd.)
Registered under Trade Unions Act, 1926 at Mumbai. (Affiliated to AIBOC)
CENTRAL OFFICE I. B. O. C
A.
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402-406, 4TH Floor, Himalaya House, P.B.No.262,
79, Mata Ramabai Ambedkar Marg, FORT, MUMBAI : 400 001
Tel: 2261 7872, 2270 5750, 22692083 Fax : 2261 8306, Gram: CIBIOA
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E-mail : cboabom1@hotmail.com or cboa@vsnl.net
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PATNA OFFICE: AN
CHENNAI OFFICE:
ED B K OFFI
C/o. Sambay Villa NA LIS C 216, Royapettah High Road,
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Road No- 6, Rajendra Nagar Opp. Deccan Hotel,
AINBOF
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Patna 800 016 Mob: 094309-64722 Royapettah,Chennai-600014
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THE CANARA BANK OFFICERS' ASSOCIATION (CBOA) is in existence since 1966 and is the only
Recognized Association representing Officers. More than 21,000 Officers a ll over India have
enrolled themselves as members ofthis Great Organisation, THE CANARA BANK OFFICERS
ASSOCIATION.
IT IS THE CBOA that is affiliated to AIBOC, the largest National Organisation of Officers with
absolute majority in Banks and representing 91% of the Officers in the Banking Industry.
IT IS THE CBOA that holds periodical Joint Conferences with the Bank Management to lay down
policies on promotion, transfers and other service matters of interest concerning the Officers
community.
IT IS THE CBOA that has a nominee in the Board of Directors of the Bank
IT IS THE CBOA that has sponsored and created a Thrift Society at Chennai and a Welfare Fund
at Mumbai, granting death relief to members besides assistance to its members on
Hospitalisation.
IT IS THE CBOA, that has been publishing FRIEND & GUIDE, "LIGHT CIRCLE Empower 2015",
Promotion Study Materials and systematic coaching classes / mock interview sessions at all the
important centres all over India for the benefit of members / non-members.
CBOA has completed more than 4 decades of its existence and continues its unending crusade
for securing more lasting facilities for all the Officers in Canara Bank
3
CBOAS WELFARE SCHEMES
BENEVOLENT FUND
The CBOA has formulated a Scheme to extend financial help to the family members of
an Officer who dies in harness and also to involve the members in creating a corpus in
order to give a reasonable amount to the dependents of the deceased members.
Every member shall pay a sum of Rs.100/- (Rupees o ne hundred only) per month as
Contribution to the Fund. In the case of death in harness of a member a sum of
Rs.4,50,000/- (Rupees four lakhs fifty thousand only) shall be paid to the nominee/s of
the member from the corpus of the Fund.
Under this scheme, an amount of Rs.50,000/- is being paid to the spouse or in their
absence to 1st Son / Daughter of the member who died in harness.
HOSPITALISATION SCHEME
a. A suitable memento worth Rs. 5000/- shall be given to all the officers retiring on
superannuation irrespective of the tenure of their membership in the association.
b. In case of any member who is demitting his office o n VRS/ Resignation the memento
shall be given as follows:-
2. Any officer who is the member of the association for a period of 2 year
and above but below 5 years shall be given a memento worth Rs. 2500/-
Be autiful saying
Alone I can 'Say' but together we can 'talk'.
'Alone I can 'Enjoy' but together we can 'Celebrate '.
'Alone I can 'Smile' but together we can 'Laugh'.
Individually, we are one drop, but together, we are an ocean.
That's the BEAUTY of Human Relations.
We are nothing without each other. Stay Connected!!
4
Unparallel achievements of CBOA
It is the CBOA which demanded & achieved the best rentral ceiling for the quarters
provided to the Officer employees w.e.f. 01.07.2015 which is not prevailing anywhere
in the entire Indian Banking Industry
The POs who join the Bank hereinafter shall also be extended with the facility to stay
in Lodge / Hostel / PG Accommodation till they are on probation if the Bank is unable
to provide accommodation and may suitably opt to co ntinue under this facility or for
quarters facility upon their confirmation.
The reimbursement, both for confirmed officer employees and for the POs joining
hereinafter, shall be fixed at 60% of rental reimbursement applicable to the place of
posting or the actual cost whichever is lower, subj ect to deduction of standard rent as
per Canara Bank Officers Service Regulations, 1979
Because of the efforts taken by CBOA, the new Furni ture Scheme has been introduced
for providing furniture / fixtures to the Officers w.e.f. 24.06.2013:
5
Scale Monetary Ceiling / limit
JMGS I Rs 1,00,000
MMGS II & III Rs 1,75,000
It is introduced in the Bank for the first time after 107 years its existence. It is a
historical & Himalayan achievement of CBOA.
The Policy on Staff Accountability has been made only in our Bank in the entire
Banking industry. The entire credit goes to our bel oved organization CBOA. The main
aim of the Accountability policy is not to discoura ge exercise of initiative and decision
making.
Increase in limit & relaxations in eligibility norms etc in Employees LHV scheme:
Eligible after 6 months of service.
No ceiling in limit Condition of minimum gap of 4 years between two loans, is
removed.
Both two wheeler & four wheeler can be availed at a time.
Continuation of LHV liabilities after retirement up to 5 years at concessional ROI
Till 28.02.2012, the P Os got reimbursed of conveya nce expenses upto Rs 100 p.m. for
Metro & Rs 75/- p.m. for other places respectively. We took the matter in the Joint
Conference and made the limit as Rs 1000/- p.m. for Metro / Area I & Rs 800/- p.m.
6
for other areas. Now, the P Os can get the conveyance reimbursement upto the above
limit during the probationary period whether they own a vehicle or not.
Further, the confirmed Officers were earlier eligible for reimbursement of lump sum
only till crossing the Basic Pay of Rs 19,400/- ( Revised Basic of 31,705). Now, our
organisation has helped the Probationary Officers to get fuel reimbursement at petrol
limits (instead of lump sum) w.e.f. 01.03.2012 immediately after their confirmation
without crossing the Basic Pay of Rs 19,400/- (Revised Basic of 31,705).
Mass recruitment:
CBOA is continuously urging the Bank to recruit Off icer employees in large numbers.
10,500 P Os were recruited by the Bank since 2009. 200 . 0 POs are being recruited
during this year.
PACKING CHARGES TO POs DURING THEIR PROBATION PERIOD (HO Cir 598/2014):
The facility of reimbursement of packing charges of Rs. 2000/- (Rupees Two Thousand
only) is extended to direct recruit probationary of ficers on transfer during their
probation period for the expenses related with packing, local transportation etc.,
with effective from 01.10.2014.
Introduction of BDE to Probationary Officers / Mana gers / Senior Managers (HO Cir
478/2014):
Our organization has demanded & achieved the facili ty of reimbursement of Business
Development Expenses to the Direct Recruit Probatio nary Officers during their
probationary period also as under:
Because of the efforts of CBOA, the Business Develop ment Expenses to the Officer
employees in JMGS-I, MMGS-II and MMGS-III who are heading the Branches w.e.f
01.10.2014 hereunder:
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Opening of more number of holiday homes by the Bank:
It is our custom to demand and achieve in every Joint Conference in the matter of
opening of holiday homes at all important centers. During 2013 - 2015 , holiday homes
were opened at Rameswaram, Srirangam, Shirdi, Visha kapatnam, Bhubaneshwar,
Kolkata & Varanasi
In addition to the CBOAs holiday home at Chennai, the CBOAs holiday homes have
been opened at Trivandrum and Kolkata.
At present, the Officer employees whose basic pay is above Rs 31,705/- are only
eligible for availing Conveyance Loan for buying four wheeler at concessional rate of
interest. Our organization has demanded in the Joint Conference for removal of basic
pay restriction for availing car loan. The Management has agreed to examine the
same.
Our organization has demanded in the Joint Conference to provide transit quarters in
all the cities where Circle Offices are situated. The Management has agreed to advise
the Circles to provide transit quarters wherever possible.
It is ensured by our organization every year that all the Officer employees are
transferred to their home state after completion of three years. Fair & transparent
transfer policy is prevailing in the Bank for the Officer employees.
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Extending Cleaning expenses facility to all:
Our organization has demanded in the Joint Conference of extending the facility of
reimbursement of cleaning expenses to all the Officer employees. The Management
has agreed to examine the same.
Our organization has demanded in the Joint Conferen ce & achieved for providing
Laptops & Mobile sets to all Branch Heads.
Due to CBOAs efforts, our Bank has started allotting surplus vacant bank owned
quarters to officers who are posted to other place s in order to facilitate them to
retain their family either for education or treatment purposes at the transferor place
Expenditure permitted on staff meetings has been increased from Rs.10/- to Rs.20/-
per person per staff meeting w.e.f 01.04.2014.
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Revision in LFC Encashment amount:
In response to our request, the LFC encashment amount has been revised as
mentioned below on account of revision in Railway Fare:-
The Bank has acceded to our demand and the reimbursement of JAIIB/CAIIB Exam
Fees (50%) and cost of study materials (100%) are revised as under:
JAIIB: Exam Fees Rs.1349, Study Materials- Rs.1265 (Hindi), Rs.1095 (English)
The above will be reimbursed for those who pass the JAIIB / CAIIB examinations in
consecutive 2 attempts.
We have demanded for the facility of accessing Cannet & HRMS from home through
internet. Now, our Bank has permitted the Officer employees to access Cannet from
home through internet.
It is the CBOA, that has been publishing promotion guides for JMGScale I, MMG Scale
II and III promotion from Chennai at periodical intervals.
Systematic classes/mock interview sessions at all the important centres all over India
for the benefit of members/non-member
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Think Tank:
It is the CBOA formed theTHINK TANK a structured body for the youth to suggest
innovative ideas to brave the emerging challenges.
Youth Conclaves:
It is the CBOA conducting YOUTH CONCLAVES in order to give due share in the
governance of the ASSOCIATION.
CANPAL:
Canpal, a voluntary forum has been started by CBOA to involve the serving & retired
officers for the development of the bank in all the parameters.
CBOAs GENEROSITIES
In Dec 2013:-
Unprecedented rains wreak havoc in Uttarakhand. The death toll went up to 130.
Kedarnath was wiped out in flash floods. Our CBOA has donated Rs 5 lakhs to the
Chief Minister of Uttarakhand for the relief works.
In Jan 2015:-
The Jammu & Kashmir floods a national level disast er says the Prime Minister. The
toll in the J & K rains touched 160. 2600 villages affected. Our CBOA has extended
financial assistance to the tune of Rs 6 lakhs to t he affected Officer employees and
Workmen who are working at our branches in the State of Ja mmu & Kashmir towards
flood relief, which is an unprecedent in the Indian Banking industry.
Important websites
Canara Bank Officers Association www.cboa.co.in
Light Circle www.lightcircle.org
All India Bank Officers Confederation www.aiboc.org
Canara Bank www.canarabank.com
Reserve Bank of India www.rbi.org.in
Indian Banks Association www.iba.org.in
Ministry of Finance, Govt of India www.finmin.nic.in
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CANPAL
OBJECTIVE:
Dedicating ourselves to our beloved bank to excel in every business parameter as a
voluntary service to our bank.
MEMBERS:
Any officer of Canara bank retired as well as serving prepared to work towards the
objectives of CANPAL voluntarily.
ORGANIZATIONALSET UP:
Every village, town and city can organize their respective units named after CANPAL
with village name to be monitored and guided by the Central office of CANPAL
Chennai.
ACTIVITIES:
1. Identifying potential resources among the members.
5. Existing social assistance through activity specific task force to bail out the
branches facing temporary crisis related to inspection, documentation and legal
etc.,
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Phone : 044 28112454
ESTD 1974 Telefax : 044 28113151
It is managed by Canara Bank Officers Association for the welfare of the Officers
community. The Society welcomes all the Officers of Canara Bank to be its member
and benefit from the profits earned through its ope rations. The only condition is that
the Officer should not be a member of any other Coop Thrift & Credit Society.
A DD for Rs 110/- in favour of the Society has to be sent (Rs 100/- towards
value of 10 shares @ Rs 10 each & Rs 10/- towards enrolment fee)
Thrift Contribution per month is Rs 400/- for an Officer.
Performance Highlights of the Society
1. Consitently securing coveted A Grade in inspection since inception in 1974.
2. Earning profit since beginning.
3. Declaring Dividend every year since inception.
4. No borrowing from Apex Bank, thus lending at lowestrate.
5. Instant sanction of loan.
6. Interest on Thrift Deposit @ 7% p.a.
7. Dividend on Share capital @ 10% p.a.
8. Family Welfare Assistance Rs 50,000/- (on death).
9. Air conditioned Guest Room facility for the membersat low tariff.
10. A token of gesture up to Rs 5000/- will be given to the member who is withdrawing
his membership after his superannuation.
Various loan Schemes (Eligible on confirmation):
scheme Loan amount Rate of Interest Repayment Renewal
Surety Loan Rs 2,50,000/- 10% p.a. 90 months Once in 6
Deposit Loan 90% of deposit 9% p.a. 60 months months
Once in 6
Gold loan Rs 1,00,000/- 9.5% p.a. 24 months months
Festival Loan Rs 25,000/- 10% p.a. 25 months
Vehicle Loan Rs 50,000/- 48 months
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Entitlements for P
Probationary
robationary Officers
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P Os are eligible for Festival Advance & other loan facilities (except
Two wheeler Loan) after confirmation.
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REGULATION 20(1):
REGULATION 20(2):
REGULATION 20(3):
REGULATION 20(4):
Please refer our Cannet >> HRD >> Regulations for the
provisions in respect of the above.
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Eligible after 2 years of service
Limit = Rs 50.00 Lacs
Rate of Interest = 8% p.a. simple
Margin = 10%
Housing Loan
Net Take Home = 25% gross salary
Repayment = 30 years
Land cost= 40% of limit
Continuation of liability after retirement upto 75 years of age
Repayment= 84 months
Eligible after 6 months of service
Limit: No ceiling
Beautiful saying ---Mobile has taught us three things ....Whatever makes you happy --
save it.....Whatever makes others happy -- forward it.....Whatever will make no one
happy -- Delete it..
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Probationary Officers are eligible for the following facilities during probationary
period:-
Eligible for Business Development Expenses during p robationary period
Scale I: Rs 3,000; Scale II: Rs 3,500; Scale III: Rs 4,000
Eligible for Packing expenses up to Rs 2,000 at the time of shifting belongings
on transfers during probationary period.
New Furniture facility on permanent posting
Newspaper subscription (upto 90%)
Personal leased Quarters / Lodging/ Hotel / PG accommodation
Cleaning allowance for the Bank Owned / Leased / Personal Leased quarters
Medical Aid & Hospitalisation Expenses
Cashless Facility at Reputed Hospitals
Facilities under Staff Welfare Measures
LFC & PL Encashment after 11 months
LFC & Medical facility to the eligible dependents
Lump sum Conveyance expenses at enhanced rate till confirmation
Lodging & Halting Allowance for outstation duty
Eligible to stay in Holiday Home
Tax benefits for the contribution towards New Pensi on System
Half yearly closing Allowance
Split Duty Allowance
Hill & Fuel allowance depending upon the placement
Project Area Allowance depending upon the placement
Two wheeler loan immediately on joining the Bank
Car loan after 6 months
Housing Loan immediately on confirmation i.e. after two years
Festival Advance on confirmation (Limit Rs 30,000)
Clean DPN Loan after 3 years
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Bank begins on 1st July as the Canara Hindu Permanent Fund Ltd, at 75 A,
1906 Dongerkery Street, Mangalore. Sri Ammembal Subba Rao Pai appointed
President of the Fund
1907 The Profit & Loss Account shows a net Profit of Rs.2420/-(for first 9 months)
1909 Sri Ammembal Subba Rao Pai (the banks Founder) passes away on 25 July
The Canara Hindu Permanent Fund Ltd, reconstituted and renamed as The Canara
1910
Bank Ltd
1942 Deposits reach the rupee crore mark
Banks new Administrative Office building at 112, J C Road, Bangalore
1963 inaugurated by Sri Jayachamarajendra Wodeyar, Maharaja of Mysore
Fourteen major banks in the country, including Canara Bank, nationalized
1969 on 19 July
1970 The Canara Bank Officers Association recognized
1977 Aggregate deposits crossed the Rs.1,000 crore mark
2005-06 Core Banking solution rolled out at Frazer Town branch, Bangalore on 20.3.2006
2005-06 Bank crossed the Rs.2,00,000 crore mark in global business
2008-09 Bank crossed the Rs.3,00,000 crore mark in global business
2009-10 Bank crossed the Rs.4,00,000 crore mark in global business
2010-11 Bank crossed the Rs.5,00,000 crore mark in global business
2012-13 Bank crossed the Rs.6,00,000 crore mark in global business
2013-14 Bank crossed the Rs.7,00,000 crore mark in global business
2014-15 Bank crossed the Rs.8,00,000 crore mark in global business
a. In June 2006, the Bank completed a century of operation in the Indian banking
industry.
b. One among the Top 500 Banks at the international level.
c. A Premier position in the comity of Indian banks.
d. Our Bank has several firsts to its credit.
These include:
Unbroken record of profits since its inception
Continuous payment of dividend to the Govt of India since nationalization
Articulation of Good Banking Banks Citizen Charter
Commissioning of Exclusive Mahila Banking Branch
Launching of Exclusive Subsidiary for IT Consultancy
Issuing credit card for farmers
Providing Agricultural Consultancy Services
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Our great Founder
"A good bank is not only the financial heart of thecommunity, but also
one with an obligation of helping in every possiblemanner to improve
the economic conditions of the common people"
- - Late Sri Ammembal Subbarao Pai
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Born on 19 November 1852, at Mulky near Mangalore, Sri Ammembal
Subba Rao Pai underwent early schooling at Government High School, Mangalore, and
it was the early demise of his mother that is believed to have profoundly influenced
him to take to studies seriously.
After passing his F.A Examination, his father sent him to Madras to take up higher
studies. Following his graduation from the Presidency College, he joined the Madras
Law College. Here he came into contact with Justice Holloway, whose remarkable
personality proved to be a rewarding experience to him.
In 1876, following the demise of his father, he returned to Mangalore and successfully
practiced Law. It is said that he often attempted to persuade amicable out of court
settlements for his clients, although this sometimes cost him his fee. In 1891 four
teachers, whom he had met in Madras, approached him with a proposal to start a
school in Mangalore.
Among his important contributions to the GSB community was the setting up of the
Poor Boys's Education Fund under the aegis of Goud Saraswat Brahmin Parishad of
which he was one of the founders. Throughout his li fe, Sri Ammembal Subba Rao Pai
suffered from severe gout, an affliction to which he finally succumbed on 25 July
1909.
Our Bank's founding principles: "A good bank is not only the financial heart of the
community, but also one with an obligation of helpin g in every possible manner to
improve the economic conditions of the common people"
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INDEX OF IMPORTANT CIRCULARS
Salary & Allowances 9th Bipartite Settlement Joint Note 211/2010 190/2010
1/04, 170/2005 155/1990,151/2005
TA Rules
211/2010, 342/2015 190/2010, 323/2015
356/2006 48/1997,162/2005
LFC Rules
211/2010,342/2015 194/2010,323/2015
193/10,
Medical Aid & Hospitalisation Expenses 193/10,323/2015
211/10,342/15
Leave Rules 160/1984, 342/2015 499/1985, 323/2015
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Promotion Policy Memo 24/2015, 25/15 Memo 19/2015
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23
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12 September Day of CANPAL
The first Saturday holiday on 12.09.2015 has been celebrated by each and every
member of CBOA by conducting social activity throughout the country in a grand
manner under the banner 'CANPAL' as per the guidance of our beloved
General Secretary Sri G V Manimaran.
th
It is decided to observe 12 September as 'CANPAL DAY' every year
Jalandhar Patna
Donati ng Submersible
Donating ration for 55 war Pump & W ater Tank to
widows and needy families a Govt. School in P atna
Planting of Saplings
Hyderabad Calicut
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