Public Sector Banks Transfer Guidelines, Check New Guidelines by Government

Department of Financial Services (DFS), Ministry of Finance, Government of India has announced new guidelines for Public Sector Bank Employees. These guidelines will be in force from 1st April 2025. These guidelines will be applicable for all Government PSU Banks (Public Sector Banks) – State Bank of India, Punjab National Bank, Bank of Baroda, Canara Bank, Union Bank of India, Bank of India, Indian Bank, Central Bank of India, UCO Bank, Bank of Maharashtra, Punjab & Sind Bank, Indian Overseas Bank.

Bank Transfer Guidelines

• Rotational transfers should be based on seniority.
• Online platform will be developed for the transfer process, allowing employees to choose location preferences.
• Officers up to Scale-III should be accommodated in their respective linguistic regions.
• Additional grounds for transfer should be included – such as marriage, spouse, medical needs, maternity, child care, and distant postings.
• Efforts should be made to post employees in the same or nearby regions if their spouse works in Central or State Governments.
• Women employees should be transferred to nearby locations.
• Employees can appeal against unfair transfer. A grievance committee should be formed and appeals should be resolved within 15 days. Appeals should be dealt with kindly and committee should try to resolve the issue and proper reason should be given in writing.
• Transfer protection may not be given to office bearers of unions on promotion.

You can download Transfer Policy PDF given below and read guidelines in detail.