07/11/SH NEWS

Upgradation of Grade Pay of LDC/UDC: Date of next hearing is 01/04/2020.

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Saturday, December 28, 2013

MAXIMUM AGE LIMIT FOR RECRUITMENT OF EX-SERVICEMEN IN THE PUBLIC SECTOR BANKS/FINANCIAL INSTITUTIONS
Guidelines on re-employment of Ex-servicemen in Public Sector Banks/Financial
 Services have been issued vide the Ministry of Finance, Department of Economic
Affairs (Banking Division) (Now Department of Financial Services) OM No.261/16/89-
SCT (B) Dated the 30th May, 1990.
The OM prescribes the following maximum age limit for recruitment of Ex-servicemen
in the Public Sector Banks/Financial Institutions:
1.
Security Guard/Armed Guard
45 Years
2.
Clerical cadre
50 Years
3.
Sub-staff cadre other than Security Guard/Armed Guard
50 Years
4.
Chief Security Officer
55 Years
5.
Security Officers
40 Years

The Public Sector Banks do not have any Assured Career Progression Scheme (ACP)
similar to Government.
The above information was submitted as in the written reply in Rajya Sabha on
12th Dcember 2013 by the Minister of Personnel, Public Grievances and
Pensions Shri V.Narayanasamy.

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