THE
CANARA BANK OFFICERS'
ASSOCIATION
(REGD)
( Affil
|
C
A N A R A B A N K
PREMISES POLICY &
ADMINISTRATION
SECTION G.A.WING
:
|
INDEX :
STAFF : 19 CIR.
No. : 357/2006 DATE
: 30.12.2006 AJRO |
SUB
:: ENHANCEMENT IN RENTAL CEILING TO THE QUARTERS OF
OFFICERS,MANAGERS
& SENIOR MANAGERS
***********
Rental ceiling for the quarters of eligible Officers / Managers /Sr.Managers was last revised wef 01.03.2003 as communicated vide our Circular NO.36/2003 dtd 26.02.2003.
The representatives of Canara Bank Officers' Association had been requesting for enhancement in the rental limits. The matter was examined and placed before the Chairman & Managing Director‚ who is pleased to permit enhancement of rental limits of the quarters of eligible officers in scale I to III‚ wef 01.01.2007 as furnished here below:
|
Sl.No |
Place/ Centre / Classification |
Scale I Rs. pm |
Scale II Rs. pm |
Scale III Rs. pm |
|
1 |
Delhi & Mumbai |
5800 |
6000 |
6200 |
|
2 |
Bangalore‚ Kolkata‚ Chennai‚ Hyderabad‚ Secunderabad‚ Ahmedabad‚ Chandigarh‚ Faridabad‚ Gurgaon |
5300 |
5700 |
5900 |
|
3 |
All State Capitals‚ Area – I and places with a population of 10 lacs and above |
4500 |
4700 |
4900 |
|
4 |
Port Blair
|
3600 |
3800 |
5000 |
|
5 |
Area II (Centres with population of 1 Lac and above but below 10 lacs) |
3100 |
3200 |
3500 |
|
6 |
Area III (All Other Centres) |
2400 |
2500 |
2700 |
Branches / Offices at Noida and
Ghaziabad‚
the rental ceiling shall be as applicable to Delhi.
Further‚ the following may pleased be noted:
1. The enhancement in rental ceilings will be effective from 01.01.2007.
2. The revised rental limits will be applicable only to the quarters newly taken or to the existing quarters at the time of renewal. The revised limits are not applicable to subsisting leases. In the case of quarters fixed earlier with rents higher than the then prevailing limits‚ the differential amount can be permitted up to the present ceiling from the effective date i.e.‚01.01.2007.
3. In respect of quarters of Officers / Managers / Sr.Managers working in Urban agglomeration of cities‚ the rental ceiling as applicable to cities will be made applicable.
4. Fixing up of quarters either on personal lease or on Bank's lease should have prior approval from the concerned sanctioning authorities.
5. The rental limits mentioned in the Circular are only the maximum permissible limits and efforts should be made to secure suitable quarters for rent below the ceiling.
6. For other details Branches / Offices may refer Manual of Instructions on Premises Matters (Updated till 30.09.2003) Chapter – II – Quarters and be guided by the same.
PETER D F CARDOZO
GENERAL MANAGER