Railways:Regarding Ex-gratia payment Rs.25,00,000 AICPIN for the month of November 2020 LTC cash voucher scheme Calculator Expected DA from January 2021 Calculator List of Kendriya Vidyalaya Schools 2021: Quick links; Hot news: Dopt orders: Recent govt orders: Recent post: LTC Leave Enhancement Calculator For Block Year 2018-2021. The scheme provides that the exercise of crediting the amount under the scheme shall be completed by respective lending institutions on or before 05 th November 2020. Rule 8: An interest rate of 8% per annum is applied on the Gratuity amount until 60 years or 5 years after VRS whichever is earlier. F. No.2/12/2020 – BOA.I dated 23rd October, 2020), for grant of ex-gratia payment of difference between compound interest and simple interest for six months i.e. 25,00,000, 42 Months Maximum Salary = (25000 + 1.4*25000) x 42 = Rs. Redressal of Customer Grievances related to the Ex-Gratia Payment Scheme. Thus we have developed BSNL Employees VRS calculator to calculate the ex gratia amount of BSNL … You can also call it LTC Cash Voucher Scheme Calculator 2020: Special Ex-gratia Compensation Scheme for FCI Employees and Officers for 6 Months. One Day Salary = (Basic+DA)/30days = 60000/30 =  Rs. The main focus of the scheme is reduce the workforce in BSNL. 1.3.2020 to 31.8.2020, to the eligible borrowers in specified loan accounts, click here To read the detailed FAQs of the scheme, click here … correctness of any of the statements or representations made or opinions expressed by the company and for repayment of deposits / discharge of the liabilities by the company. Rule 3: The actual Gujarat Pattern VRS model suggests only 36 months of salary as the maximum amount. 2000, Compensation for Completed Years = 35 days x 25 x 2000 = Rs. Our sales representative will get back to you soon. 8,00,000, Expected Compensation Amount = 28,00,000 + 8,00,000 = Rs. LTC cash voucher scheme Calculator: Expected DA from January 2021 Calculator: Holiday on October 30, 2020: 7th Pay Commission Calculator 2021 – June vs July : Special festival package to Govt Servants Rs 10000/-Quick links; Hot news: Dopt orders: Recent govt orders: Recent post: Ex gratia Death Relief Fund of Rs. It is 125% of the salary. Terms and conditions apply, Disclaimer - "As regards deposit taking activity of the company, the viewers may refer to the advertisement in the newspaper / information furnished in the application form for soliciting public The benchmark rate applicable for such relief would be the contract rate, which is used by the credit card issuers for the … The Scheme mandates ex-gratia payment to certain categories of borrowers by way of crediting the difference between simple interest and compound interest for the period between March 1, 2020 to August 31, 2020 by respective lending institutions. Scheme for grant of ex-gratia payment of difference between compound interest and simple interest for six months to borrowers in specified loan accounts (1.3.2020 to 31.8.2020) As per letter dated 23.10.2020 issued by the Department of Financial Services of the Ministry of Finance, Government of India, we have granted ex-gratia to the eligible borrowers of Auto Loans, under the scheme mentioned … Kind of Loans and … Rule 7: Payment of Ex Gratia and Pension Without Commutation will be paid after 5 years of VRS or 60 years age whichever is earlier. Department of Telecommunication is finalising the modalities to implement the VRS Scheme to BSNL employees. Email to: exgratiapayment@aavas.in. These are not final. In view of the unprecedented and excessive COVID-19 scenario, the article of the Scheme is to offer ex-gratia fee of the distinction between compound interest and easy interest by means of reduction for the interval from 1st March 2020 to … The Government of India has announced the scheme for grant of ex-gratia payment of difference between compound interest and simple interest for period upto six months to eligible borrowers in specified loan accounts (1.3.2020 to 31.8.2020). Rule 4: Only the Present-Basic and Dearness Allowance (DA) are used for calculation.