ƒ Group Mediclaimƒ Group Personal Accident Policyƒ Group Life Insuranceƒ EDLI with LICƒ Group Superannuation Schemeƒ Company Loans & Advancesƒ Leaveƒ Perquisite Basketƒ Gift Schemes

HR Welfare PoliciesHR Welfare Policies

Mediclaim coverage for self & family. Family includes Self, Spouse, Parents & Children.

Mediclaim coverage up to the age of 80 years.

Maternity coverage from the inception of the policy without waiting period.

Cash less facility. Isssuance of Photo ID Card for availing Cash less facility in the Listed Hospitals

Group Mediclaim PolicyGroup Mediclaim Policy

Claim EligibilityClaim Eligibility

Functional Heads & Managers Rs.85,000Executives Rs.50,000Officers Rs.40,000Staff Rs.30,000Sub Staff Rs.20,000

Mediclaim on floater basis. Under this floater scheme the sum insured for the individual family members will be added and the total insured amount will be treated as sum insured for family members.

Corporate buffer to the tune of 10 lakhs. This facility will come in handy during the situation where an employee utilizes his/her sum insured for the treatment and if he / she needs an additional amount for treatment, the same can be utilized from the corporate buffer.

Group Mediclaim PolicyGroup Mediclaim Policy

The Period of Hospitalization should be greater than 24 hours in a hospital which is Registered

Ensure that the Hospital has 15 beds, qualified nurses, Round the clock duty doctors (qualified) & an equipped Operation Theater.

Any Receipt, Bill, Discharge Summary or any documents should not be addressed "To Whom so it may Concern

Prerequisites for Claim Prerequisites for Claim Submission:Submission:

Procedure for Claim Procedure for Claim Submission:Submission:

Collect a Medical Reimbursement Format from HR

Ensure that you fill the form completely and attach the relevant documents like original discharge summary, bills, prescriptions.

Important Note:Important Note:

a) The Nominee's Name, DOB & Relationship should be mentioned clearly in the Nomination Form in-order to avoid discrepancies during the Claim Processing

b) Incase of any Additions/Deletions in the Nomination List provided by the Employee, kindly intimate it to the HR Department as soon as possible

Original Discharge Summary / Report from the Hospital with the following details:

Medical investigation/diagnostic test Bills must be accompanied by photocopies of the Reports Medical bills must be accompanied by Original prescriptions

Claim to be submitted to HRD.

Checklist for Claim Checklist for Claim Submission: Submission:

Group Life InsuranceGroup Life Insurance

To provide adequate relief to the family in the event of premature death of an employee while in service.

Maximum coverage Executive & above - Rs.1.6 lacs Officers - Rs.1.2 lacs Sales Rep/Office Staff/and substaff -Rs.0.8 lacs

Double accident coverage

Group Personal Accident Group Personal Accident PolicyPolicy

All employees on rolls

24 hrs coverage

Can avail only in case of accident

1% of sum assured as weekly compensation

Compensation restricted to Rs.5000/- per week

Sum assured = (Basic)*5yrs.

Accidental death, sum assured will be paid

Group Gratuity SchemeGroup Gratuity Scheme

Reward for long & meritorious service

Service Period of Five Years or more

15 days of Basic for every completed year of service

Incase of Premature Death Gratuity will be paid upto the age of Retirement

Need to Submit Nomination Form

Employees Provident Employees Provident FundFund

All employees are covered

Nomination Form

PF Transfer

Percentage of Contribution - 12%

Employees contribution12 % to EPF

Employer's 3.67 % to EPF & 8.33% to Family Pension Fund

As per PF & Misc.Provisions Act

Family Pension SchemeFamily Pension Scheme

8.33% of employer's contribution only

Loans not permissible

Pension can be availed after retirement but minimum of 10 years of contribution is a must

On Producing the scheme certificate from PF Office, FPF can be transfered to the New Employer & carried forward for continuity

EDLIEDLI

EDLI stands for Employees Deposit Linked Insurance Scheme

Exemption obtained from PF for better benefits to employees

Incase of premature death, Rs.62,000/- is assured

Double accident benefit of Rs.1,24,000/-

GROUP SUPERANNUATION GROUP SUPERANNUATION SCHEMESCHEME

To provide retirement benefit in terms of pension to the employees after their retirement.

Enployees in the Grades MN1 to MN5 and G2 to G5 are covered.

Minimum of 1 year is mandatory for availing the benefit.

Company contributes 15% of an employees monthly earned basic.

At the time of retirement or resignation, the employee can specify his choice for availing the benefit.

•Salary Advance

All Employees

Any Specific Purpose

Amount equivalent to One month's Salary Twice in a Year

Loans & AdvancesLoans & Advances

Festival LoanFestival LoanEmployees in the grade O & S

During any Major Festival

Amount equivalent to Two months Salary or Rs.10,000/- which ever is lower

Once in a Year

The Loan taken will be deducted from the salary in 10 equal monthly instalments

Eligibility for all Employees

House Rent Advance, Children School Admission Amount equivalent to Five months Salary once in a Year

The Loan taken will be deducted from the salary in 12 equal monthly instalments

Bills/ receipts paid or prospectus / fee structure of the school or college towards admission need to be produced along with loan application.

Privilege Loan Privilege Loan

Marriage LoanMarriage LoanAll Employees

Own Wedding, Marriage of dependant children or dependant sisters

Employees who have completed three years of service can take amount equivalent to six months salary or Rs.40,000/- which ever is lower deducted in 20 instalments

Employees with less than three years of service can take amount equivalent to three months salary or Rs.25,000/- which ever is lower deducted in 15 instalments

Four times during his or her service .Wedding invitation card should be enclosed with the Loan application

Emergency LoanEmergency Loan

All Employees

Hospitalisation, Serious Accident. For extended family members - the amount equivalent to three months salary can be availed

The Loan taken will be deducted from the salary in 15 equal monthly instalments

• Loan should be applied in the Prescribed Loan Format only. Loan application shall be submitted through the department / Functional head to the HRD Department

• If any Loan is pending, further loan will not be allowed except in case of emergency.when one emergency loan is pending, another emergency loan shall not be given

• Second Loan for higher amount to foreclose the previous loans shall not be allowed

Procedure for applying Procedure for applying LoanLoan

Procedure for applying LoanProcedure for applying Loan

- continued- continued

If the Loan is taken before 15th of a month it will be deducted in the same month's salary. If the Loan is taken after 15th of a month it will be deducted in the next month's salary

General Conditions:General Conditions: (continued)(continued)

Note:• Any loan amount equivalent to

Rs.20,000/- or more shall attract Income Tax

• The interests on such loan amount shall be treated as perquisites for Income Tax purposes as per the Income Tax Act

Company Leave PolicyCompany Leave Policy

PL - 30 Days CL - 7 Days SL - 7 Days PBL - 6 Days National & Festival Holidays as per Act

Loss of Pay (authorised/unauthorised)

Probationary LeaveProbationary Leave

6 days during probation period

Unavailed probationary leave shall lapse at the end of the probation period

Casual LeaveCasual Leave

7 days a year

Max. 2 days at a time

Unavailed casual leave shall lapse at the end of the calendar year

Sick LeaveSick Leave

Maximum 7 days a year

Can be accumulated upto 28 days

Medical Certificate required for more than 3 consecutive days

Privilege LeavePrivilege Leave

Can avail only after one year of serviceMaximum 30 days in a yearMinimum 3 days to be availedMaximum 3 times in a yearCan be accumulated till 120 daysCan be encashed every yearIntervening holidays treated as part of leave

Leave EncashmentLeave Encashment

Unavailed PL in excess of 20 days can be encashed every year

Requisition to reach HRD for leave encashment

Encashment along with salary revision

Perquisite Basket

Perquisite Basket amount can be claimed in following ways Medical Reimbursement: submitting the

medical bills and can get claimed Conveyance: up to 2500/-month shall

be claimed using claim form Meal Vouchers : 1690 worth meal

vouchers will be provided.

Birthday Gift SchemeBirthday Gift Scheme

All Permanent employees are eligible

Reimbursable Gift Amount - Rs.750/-

Can be utilised for Restaurent bills, Purchase of cloths and cakes only

Marriage Gift SchemeMarriage Gift Scheme

All Permanent employees are eligible

Gift Amount - Rs.2500/-

Thank youThank you

Best wishes for a happy and a long rewarding

career.