Posted: in Finance by Manish Kumar 5 Comments

AIBOC-AIBEA Wage Revision Chart for wage settlement of bank employees


AIBOC-AIBEA Wage Revision Chart for wage settlement of bank employees: Today’s Aibea talks have shown positive development with Aibea moving towards finalizing the Aibea Wage Revision Chart. The talked was held between five workmen unions and IBA and final understandings have been drafted. You can find the complete wage revision chart on the link given below.

For complete AIBEA Wage Revision Chart: Click Here

You can find details for both Clerical and Substaff Scales of Pay. Details on HRA has been updated and you can find the same on the above given link. The details on Transport Allowances has also been published on the same. You can also find details on Special Pays, Medical Aids, Hospitalisation Scheme and all types of other allowances.

The next AIBEA talks will be held on 7th April, 2010 where draft settlement will be taken up for finalization. The signing of the same is expected to be completed by mid April 2010.

More reports on the same coming soon.


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  • v murli
    May 06, 2010 at 07:56:pm

    Hats off to the Unions for this nice discriminatory & between the lines settlement .The serving employees will never forget for cheated .LONG LIVE YOUR HEART- THE UNION LEADERS

  • puli
    May 09, 2010 at 07:06:pm

    wage revision is not a achivement. YOUR failed in achiveing 5day banking.

    5day banking achivement is a grate achivement.When your achiveing 5day banking
    at that time your union is best.

  • Ramesh Sharma
    May 13, 2010 at 02:26:pm

    Why AIBOC is not disclosing the details of 9th wage revisiom settlement.?
    It is true today the salary of bank officer is less than the salary of central govt clerk. even driver of railway is getting salary of Rs. 55000/- which is more than the salary of a senior bank Manager. Are we heading towards litigation or want to indulge in lengthy court cases. Why the first offer of Rs. 15000/-to Rs. 54000/-given by IBA of revised scales were not accepted by so called retired and tired union leaders. IBA is still ready to enhance the sacle but then why union leaders are institising to accept the lower scales.
    There is need to introducted 5 day week for bankmen to keep them healthy & to meet their social requirements and Govt of India should equilised their salaries with central govt pattern to avoid any discrimination & unrest among bankers There is no duplicacy
    in this comment. Please approve so that it may be visible to everyone.

  • kasthuribaichakravrthy
    May 20, 2010 at 01:32:pm

    family definition reinstated. so that the dependant like handicapped, due to illness brothers and sisters are also eligible for lfc and hospitilisation. This is very good i requested to reinstate they also considered and reinstated the issue. Thanks a ton. Thanks a ton Mr.venkatachalam and Mr.Arunachalam. sirs.

  • subramanian p
    May 24, 2010 at 03:59:pm

    the latest wage settlement is pittance thrown by IBA to unions as the leaders were waiting outside the gates of IBA as beggars.There is no achievement by them but package thrust on them by IBA.Shame on their part .Big shame to the banking workforce. Why many voices towards discrimination between bank workers vis-a vis central govt employees when there is disparity in pay within the banking system when SBI stands privileged to pay higher to its men than other PSU banks? So, first we must aim to get parity on the basic principle of “equqal pay for equal work” Then only we can achieve bette emoluments on par with others. Dear friends think of it and raise ur voice towards the same.

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