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Compassionate appointments in Public Sector Banks

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Compassionate appointments in Public Sector Banks

Compassionate appointment is available in Public Sector Banks (PSBs) based on the “Scheme for appointment of dependents of deceased employees on compassionate grounds” as last modified in 2007. 

The Scheme provides for compassionate appointment in the following cases :- 

i) when an employee dies while performing his/her official duty as a result of violence, terrorism, robbery or dacoity; or 

ii) when an employee dies within five years of his/her first appointment or before reaching the age of 30 years, whichever is later, leaving a dependent spouse and/or minor children. 

The above information was submitted in a written reply to a question in Parliament on 30.8.2013 by the Minister of State for Finance Shri.Namo Narain Meena.
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  1. Its a very good decision taken my our new govt bt the question is what would b abt the past cases for whom this demand was raised . Iba has mensioned that the scheem is applicable from 5th august bt what about the past deceased family who has sufferd with a serious financial problem. I think iba and our govt sould take a positive decision



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