(i)
Women
employees of State Bank of India shall be eligible for sabbatical leave upto 2 years during their
entire career for reasons such as medical ground, care of family members or
children, higher studies, visit to their spouse.
(ii)
The
employee applying for leave should have put in a minimum of 5 years of service.
(iii)
The sabbatical leave shall be taken for at
least 3 months at a time and the leave shall not be taken more than once in a
year.
(iv)
The sabbatical leave shall be without pay,
salary, allowance, perquisites and any other consequential monetary and
non-monetary benefits. No increment shall be earned during the sabbatical leave
and the employee will rejoin at the same stage of pay as was existing at the
time of her availing the sabbatical leave. The period of leave will not be counted
for the service eligibility.
(v)
The women employees on sabbatical leave may
be considered for promotion provided they fulfill the eligibility criteria for
the next promotion.
(vi)
The sabbatical leave period shall not be
counted as pensionable service and for payment of gratuity/pension. For
employees who are covered under State Bank of India Employees Defined
Contribution Pension Scheme (SBIEDCPS), it will be the responsibility of the
employee to contribute the minimum employee contribution of the PRAN. No contribution
will be made by the Bank during the period of sabbatical leave.
(vii)
The woman employee shall not take up any
employment/vocation/business/profession elsewhere during the period of
sabbatical leave.
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