Gratuity is given by the employer to his employee for services rendered by her/him during the period of employment – Payment of Gratuity Act 1972

ALL ABOUT THE BIG WORD >> GRATUITY

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* A PDF OF INFORMATION FOR PENSIONSERS : SBI has made available in the MENUS *
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Meeting held on 18-11-2018 at 10:30 AM was well attended

DLC ORDER : EKNATH Vs 21 OTHERS

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NEW MENU ITEM “GRATUITY FORM” FOR ASSOCIATE BANKS

(Those who are filling the gratuity claim form in Google form are requested to split the residential address and fill in the Address1, Address2, Address3, Address4. Branch and code no. is the branch they retired from. In the Amount column, like Gratuity Salary particulars, please don’t use commas (,) , symbol (₹ /-) or paise.)
1. YOU ARE ADVISED TO FILL UP THE FORM CAREFULLY WITH CORRECT DETAILS AND SUBMIT.
2. AFTER 48 HOURS OF YOUR SUBMISSION OF THE FORM, PLEASE CHECK YOUR EMAIL INCLUDING SPAM FOLDER FOR THE GRATUITY CALCULATION SHEET.
3. YOU MAY PLEASE DOWNLOAD THE CALCULATION SHEET, TAKE TWO PRINT OUTS.
4. SEND ONE COPY TO PPG DEPARTMENT BY REGISTERED POST ACK DUE AND KEEP THE SECOND COPY FOR YOUR RECORD.

SAMADHAN PORTAL (LINK FOR SAMADHAN PORTAL IS GIVEN IN THE MENUS)

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KERALA HIGH COURT POSITIVE JUDGEMENT ON INCLUSION OF SPECIAL PAY -PDF ADDED TO THE MENU.MADHYA PRADESH HIGH COURT JUDGEMENT IN FAVOUR OF EMPLOYEES WAS UPHELD BY SUPREME COURTThe judgment of the Single Judge of Jabalpur be. of MP High court in the case of Suresh Prasad Dwivedi & others Vs. Madhyanchal Gramin Bank in WP- 2099- 2017 was upheld by SUPREME COURT.  The appeal filed by Madhyanchal Bank was dismissed.”ALC, VIJAYAWADA HAS GIVEN JUDGEMENT FOR 43  RETIRED e-SBHIANS ALLOWING D.A. AND 45 DAYS FOR BEYOND 30 YEARS OF SERVICE.
Sri Siva Prasad, Retiree from SYNDICATE BANK could clinch all benefits along with 45 DAYS for services beyond 30 years of Service.Thumb Rule of Gratuity
Salary *  X  30/26  X 1/2 X No. of years of service*Salary= Salary drawn last month of service ( Basic Pay + D.A) as per the relevant BPS.