Conveyance Reimbursement Allowance

Conveyance re-imbursement is permitted to Branch  Managers / Sub-Managers who own vehicle and use the  same meeting the constituents, parties with a view to increase the deposits and advances and to motivate the Sub-Managers to assist the Branch management to improve the business and in attending the office.

Prior permission from AO / DO should be obtained by submitting the Xerox copies of the RC book of the Vehicle along with the application in triplicate, as per the specimen given in Annexure II.  The Divisional Office/ A.O. shall grant permission for the eligible officers from the date of such application.

All Managers / Sub-Managers should apply for their concerned Divisional Offices for sanction of conveyance re-imbursement allowance very time when they are transferred from one Breach or at the time of change of their vehicles.

Conveyance Reimbursement

Branch Managers / sub-managers owning vehicles are to claim reimbursement on monthly consolidated basis against declaration basis.  

(Litres of Petrol only)

Revised w.e.f. 01.04.2012

**Figures in litres/month

Type of Vehicle   Metro and  Area I    Area II Area III   Remarks
Old New Old New Old New
Car 55  65 50 60 45  55 Branch Managers
Two wheelers      40 50 35  45 30  40 Branch Managers
25  35 20  30 15  25 Sub-Managers
Moped       20 30 15 25 15 25 Branch Managers & Sub-Managers

For Executives at AO and RO – Enhanced from 30 to 50 litres per month

Conveyance reimbursement on declaration basis

The officers who are not owning vehicles shall be entitled to conveyance reimbursement on declaration basis as under: (Ref.:Per/Misc./Cir/23/02-03 dated. 05.10.2002)

  Metro &  Area I                Area II                          Area III
    Rs.375/- p.m.             Rs.300/-p.m.       Rs.225/- p.m.
Conveyance Reimbursement to Officers other than Branch Managers and Sub-Managers revised w.e.f. 01.04.2012 as follows:        

Rs. / pm

Metro & Area I
Area II
Area III
Old
New
Old
New
Old
New
375
800
300
600
225
500

                                                                     

Petrol Expenses for Agricultural Field Officers and Law officers

The Agricultural officers  and Law Officers shall be entitled to reimbursement of petrol expenses at the rate of Rs.2.00 per Kilo meters.

Petrol Expenses for Officers-in-charge of Extension Counters

Conveyance Allowance for Petrol expenses has been extended to the ‘officer-in-charge of extension counters posted on regular basis as per the norms in vogue with effect from 01-06-2000.

Conveyance Allowance for officers working in Mumbai Branches

(HRD/Main/35/2003-04 dated 09.09.2003)

Officers are permitted to claim conveyance allowance not exceeding the rate permissible to officers working in Metro and Area I (at present Rs 375/- per month) over and above the reimbursement of Ist Class Season Ticket in Train for commuting between the place of residence and branch / office - w.e.f. 01.10.2003.

Cost of Oil

Normally, for the purpose of conveyance reimbursement, cost of oil is excluded.  However, in the cases where the actual consumption of petrol comes less than the maximum limit, cost of oil is permissible within the over all limit fixed for this purpose.

REIMBURSEMENT OF COST OF PETROL IS LIMITED TO THE COST OF  ORDINARY  PETROL ONLY.  “XTRA  PREMIUM , SPEED “ etc., by different companies at a price more than the ordinary petrol are not eligible for reimbursement.            

Accounting Procedure

The eligible conveyance reimbursement amount must be reimbursed to the debit of branch – Miscellaneous expenses – conveyance account only and not under the head of Establishment charges account.

Managers / Sub-Managers may claim conveyance reimbursement on the last day of the month for their entire consumption (i.e., from the first day to the last day of the month)  by producing the relative petrol bills along with “the relative Petrol Bills along with self declaration as per the Annexure IV” (specimen enclosed), which are to be filed at the branch itself.