Yes, 75 years of a great journey is getting completed today and tomorrow, on 20th April, 2021 our
beloved AIBEA is entering its 76 th year of glorious existence.
When we look back, it looks like a simple story but when you recall the events, anyone would realize
the inspiring history behind this 5 magical letters – AIBEA. Founded as a tiny bush but with great
vision, our organisation has lived up to the expectations of the founding fathers and has today grown
into a mighty organisation with national recognition and international acclamation.
Pay scales including stagnation increments
Sub staff Clerk
Sastry Award 1953 Rs. 40 – 72 Rs. 85 - 280
Desai Award 1962 Rs. 86 - 112 Rs. 86 - 405
1st BPS 1966 Rs. 92 – 145 Rs. 154 – 460
2nd BPS 1970 Rs. 116 – 200 Rs. 170 – 550
3rd BPS 1979 Rs. 245 – 455 Rs. 325 – 440
4th BPS 1984 Rs. 430 – 850 Rs. 520 – 1,850
5th BPS 1989 Rs. 815 – 1,670 Rs. 900 – 3,220
6th BPS 1995 Rs. 1,600 – 3420 Rs. 1,750 – 6,420
7th BPS 2000 Rs. 2,750 – 5850 Rs. 3,020 – 10,880
8th BPS 2005 Rs. 4,060 – 9180 Rs. 4,410 – 16,570
9th BPS 2010 Rs. 5,850 – 14150 Rs. 7,200 – 24,900
10th BPS 2015 Rs. 9,560 - 23785 Rs. 11,765 - 42,020
11th BPS 2020 Rs. 14,500 -37,145 Rs. 17,800 - 65,830
Those were the days when bank employees were virtual slaves of the management and suffered with
very poor wages and lack of proper service conditions, what to talk of job security. Recruitments
were based on nepotism and favouritism and hire and fire was the order of the day. There was
neither guarantee for a peaceful retirement nor there was any retirement benefits. It was sheer
anarchy and exploitation.
To end this atrocity and anachronism, AIBEA was born on 20.4.1946. The rebellion that was raised
and the journey that began continue till day. It is a matter of pride that in the last 75 years, with
unity of bank employees and through sustained struggles, AIBEA has transformed the lives and living
conditions of bank employees.
A successive collectively bargained and industry-wise Bipartite Settlements have resulted in
substantial improvements in our wages and service conditions.
19/04/2021 10:20 
admin 
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