BASIC PAY – CLERK

STAGE	BASIC PAY	INCREMENT
1	24050	1340
2	25390	1340
3	26730	1340
4	28070	1650
5	29720	1650
6	31370	1650
7	33020	2000
8	35020	2000
9	37020	2000
10	39020	2000
11	41020	2340
12	43360	2340
13	45700	2340
14	48040	2340
15	50380	2340
16	52720	2340
17	55060	2340
18	57400	4400
19	61800	2680
20	64480
STAGNATION INCREMENT	EVERY 2 YEARS	11 SLABS
21	67160	2680
22	69840	2680
23	72520	2680
24	75200	2680
25	77880	2680
26	80560	2680
27	83240	2680
28	85020	2680
29	88600	2680
30	91280	2680
31	93960

Note:

1. a)  Fitment in the new scales of pay shall be on a stage-to-stage basis.
2. b)  There shall be no change in the dates of annual increments because of the fitment.
3. c) In the case of Ex-servicemen category employees who have joined the Banks on and after 1st November, 2022 –
   • And have been issued adhoc / provisional fitment, shall be refixed as per the provisions of this settlement with protection of emoluments as per last drawn pay in the Services.
   • And in other cases, where regular fitment has been issued, their Basic pay in the revised scales shall be refixed in the same manner as mentioned in Clause (a) above.
   • and in both the cases, there shall not be any recovery of excess emoluments paid on this account, if any.
4. d)  All employees belonging to Clerical cadre shall be eligible for one extra increment for passing JAIIB and two increments for passing CAIIB examination w.e.f 1.11.2022

Stagnation Increments
In partial modification of Clause 5 of Bipartite Settlement dated 11th November, 2020, both clerical and subordinate staff (including permanent part- time employees on scale wages) shall be eligible for eleven stagnation increments w.e.f. 1st November 2022 at the rate and frequency as stated herein under:
The clerical and subordinate staff including permanent part-time employees on scale wages on reaching the maximum in their respective scales of pay, shall draw eleven stagnation increments at the rate of Rs. 2680/- and Rs.1345/- respectively (pro rata in respect of permanent part-time employees) each due under this settlement, and at frequencies of 2 years, from the dates of reaching the maximum of their scales as aforesaid.
Provided further that a clerical / subordinate staff (including permanent part-
time employees on scale wages) already in receipt of nine stagnation increments shall be eligible for the tenth stagnation increment from 1st November, 2022 or two years after receiving the ninth stagnation increment, whichever is later and draw the 11th stagnation increment two years thereafter.
Provided further that those clerical/subordinate staff (including permanent part- time employees on scale wages) shall be eligible for the eleventh stagnation increment from 1st November, 2022 or four years after receiving the ninth stagnation increment whichever is later.
In other words, 10th stagnation increment shall be released 2 years after release of 9th stagnation increment and 11th stagnation increment shall be released 4 years after release of 9th stagnation increment. However, the financial benefit of 10th and/or 11th stagnation increment shall be paid with effect from 01.11.2022 or from the date of release of increment/s, whichever is later.