IPPB Travel Policy. Indiapost Payments Bank.
Speed Post Centre, Market Road, Bhai Veer Singh Marg, New Delhi — 110001
Ref No. IPPB/HR Dept./2021-22/ 21 December 03, 2021
C I R C U L A R / 21
Subject: Amendment in Travel Policy for Corporate & Circle Office / Branch Office.
In amendment to travel policy circulated vide HRM Division Circular No.6 dated April 06,2018 and in reference to Circular No. 81 dated February 02, 2021, wherein amendment was made in Clause No. 6
i.e. Local Travel for Assistant Managers and Business Associates, the Competent Authority has decided to set the rate of reimbursement for local travel to INR 4.5 per Km for all Scale I Officers (Assistant Managers) and Business Associates. Accordingly, the Clause 6 of travel policy for Branch office (Section 2) has been amended as below:
6. Local Travel for Assistant Managers and Business Associates:
6.1 These travel rules shall be applicable only to those officers performing field sales role i.e.
Assistant Managers and Business Associates.
6.2 These rules shall apply to travel undertaken within geographical boundary of the branch and not
entailing overnight stay by the officers of IPPB.
6.3 The officers shall be entitled for the following reimbursement for local travel:
6.3.1 Rate of Reimbursement: INR 4.5 per Km
6.3.2 Monthly Ceiling: INR 6500
6.4 No reimbursement for local travel shall be made for travel within eight kms from the place of posting.
6.5 For the purpose of reimbursement, officer will be required to submit his/ her bills on fortnightly basis and payment shall be released after the claim is duly approved by competent authority.
6.6 Each branch will be required to make budget provision for local travel reimbursement and the local travel reimbursement shall be limited to the annual budget provision with quarterly ceilings.
