Friends,
Indeed the payment of Ex-gratia to pensioners/family pensioners by SBI to 75yrs and above age is good gesture,on the occasion of Azadi Ka Amrit Mahotsav.
"SBI SALUTE"
PAYMENT OF EX-GRATIA TO 75 YEARS & ABOVE STAFF PENSIONERS AND
FAMILY PENSIONERS AS A PART OF "AZADI KA AMRIT MAHOTSAV" AND CELEBRATION OF 75 YEARS OF INDIAN INDEPENDENCE
India is celebrating "Azadi ka Amrit Mahotsav" - 75 years of independence of India. As we celebrate this landmark occasion, it is the time to acknowledge the contributions of aged retirees and convey our gratitude towards their exceptional work, professionalism and commitment during the period of service in the Bank.
2. In view of the above, the Central Board in its meeting held on 21st June 2023, has approved the payment of one-time Ex-Gratia amount under "SBI SALUTE" to staff pensioners and family pensioners, who have completed / will be completing 75 years of age as on 31st August 2023. The payment of ex-gratia to our old age retirees is the part of celebration of "Azadi ka Amrit Mahotsav" as well as Bank's performance during financial year 2022-23.