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July 12th, 2016, 06:05 PM
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State bank of India LFC
Hello sir I want to know eligibility criteria for LFC in state bank of India so here can you please give me its details ? Hey as per my idea LFC is Leave Fare Concession and here I am giving you its basic information related to its eligibility criteria Eligibility for LFC The eligibility for LFC is Permanent full time employees including domestic servants provided they have completed at least 11 months active service. Temporary employees who have completed at least 24 months active service : It may be either without any break; or with a break not exceeding 7 days at a time, the total period of break, however, not exceeding 21 days in a calendar year. Each employee, if he has not already done so, should furnish a written declaration of his domicile to the Bank. Commencement of journey by employee and family Leave Fare Concession may be availed of by the work mans family for travel without attendance of the workman on either journey provided The period between the date of commencement of journey and the return journey by the family and the date on which the employee himself commences his journey does not exceed four months. On expiry of such period of four months any leave fare concession not availed of by the employee himself (unless in the meantime his leave is refused by the Bank) or his family will lapse. Conveyance charges Conveyance expenses within the prescribed rates (viz. Rs.2.00 per k.m.), from residence to nearest railway station/bus stand/docks and vice versa as also similar expenses at the place of destination shall be reimbursed under leave fare concession facility within the overall entitlement of the employee. Last edited by Neelurk; May 14th, 2020 at 01:09 PM. |
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