13th Bipartite Settlement - Key Charter Demands



1. Salary & Benefits

- 30–35% increase in pay slip components 

- Merger of Special Allowance with Basic Pay for better pension/retirement benefits

- 100% DA neutralization for inflation protection

- Transparent & uniform performance incentives

- Higher HRA & Transport Allowance especially for metro and semi-urban areas


2. Working Hours & Work-Life Balance

- Immediate 5-day banking in all PSBs

- Fixed working hours - no routine work beyond office hours

- Mandatory 45-minute lunch break for all staff

- Automatic EOD closure after business hours except in emergencies


3. Staffing & Workload

- Minimum staffing norm: 3 Officers + 3 Clerks per branch

- Immediate recruitment to fill all vacancies  

- Reduce non-banking work and unnecessary reporting


4. Transfers & Career Progression

- Transparent transfer policy with priority for spouse, medical, disability, compassionate grounds

- Posting within 30 km of hometown after specified service

- Time-bound promotions with adequate vacancies

- Extra benefits for CAIIB/JAIIB qualified - faster progression


5. Leave & Welfare

- Encashment of all unavailed leave at retirement

- Better medical insurance - cashless + higher coverage for staff & pensioners

- Mental health counselling and stress management support

- Education assistance for employees' children


6. Safety & Technology

- Zero tolerance for abuse/assault on bank staff with legal protection

- Better cybersecurity & digital infra to reduce operational load

- AI-based automation for repetitive tasks to focus on customer service


7. Pension & Retirement

- Pension updation for retirees

- Improved family pension and post-retirement medical benefits

- Enhanced gratuity & superannuation in line with inflation


8. Other Key Demands

- Overtime pay / Compensatory off for work beyond hours

- Uniform leave rules l across all PSBs

- Realistic business targets that don’t compromise well-being

- Regular consultation with unions before major policy changes

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