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Personnel Management Section             <>                Index:Staff : 3

Personnel Wing                                   <>                Circular No: 68/2008

Head Office, Bangalore                        <>                Date          : 17.03.2008

                                                                               A G Y E                                                                                              

REIMBURSEMENT OF LODGING EXPENSES TO OFFICERS

UNDER REGULATION 41 (4) (b) OF CBOSR, 1979

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In terms of Regulation 41 (4) (b) of Canara Bank (Officers') Service Regulations, 1979, actual hotel expenses are considered for reimbursement, subject to single room occupancy charges in ITDC Hotels of starred category, specifically laid down in the Regulations. Where, however, an Officer stays in a Non ITDC Hotel either because there is no ITDC Hotel at the Centre or accommodation in the ITDC Hotel of the eligible starred category is not available at the Centre, the limits, upto which hotel reimbursement should be considered, shall be decided by the Board of Directors from time to time.

We had, vide HO Circular No 79/2005 dated 24.03.2005, informed eligible reimbursement of lodging expenses to Officer Employees, who stay in the Non ITDC Hotels.

Now, the Board of Directors have permitted revision in limits regarding reimbursement of lodging expenses to Officers, who stay in Non ITDC Hotels, with effect from 01.03.2008, as under:

(Amount in Rupees)