• If you desire you can opt for various allowances under the Organizations BoB scheme. These allowances will be adjusted against the "Special Allowances" or existing BoB components of your gross salary and does not entail any additional payout to you.
• You can also opt for VPF upto 100% of Basic Salary.
• Kindly go through your previous month's salary slips to understand your Current BoB options and Special Allowance amount to make a judicious choice.
• Once you provide your option for the BoB allowances & VPF mentioned here, your salary will be restructured accordingly.
• Please read carefully, the terms & conditions provided below involved for each allowance, as once you have chosen the allowance, you cannot change it for next 12 months, i.e. till 30th June 2023.
• You must send in your options latest by 13th July 2022 , for cases where no response is received, the existing options for BoB will continue to be applicable.

• Apart from Food coupons & VPF there is no impact on in-hand salary due to opting for BoB components, in case of Food Coupons depending upon the option, Rs 1100 or Rs.2200/- p.m. will be deducted from salary and you will be provided with Food vouchers/card worth Rs 1100 or Rs 2200/- p.m. The VPF amount will be deducted and deposited in your current EPF account.
• In case employees do not submit supporting bills for the BoB opted, that much of amount becomes taxable as per the applicable Indian Income Tax Act.
• In case employees opt for VPF, the amount will be deducted from Monthly salary. Kindly note NO contribution from Employer will be done for VPF. Kindly contact HR in case any clarifications are needed.

BoB & Others Heads	Supporting Documents for valid claims	Whether Opted for
Telephone/Internet Allowance	Post- paid phone bill and/or internet in name of the employee is required. For each month employee can submit only one phone & one internet bill	Yes No
Books & Periodicals Allowance	Bills of News-paper/Magazine/Books, stamped and signed by the vendor is required	Yes No
Children Education Allowance	Copy of current School ID card of your child is required	Yes No
Food Vouchers(Sodexo)	No bills required/ This money will be deducted from monthly salary and Sodexo vouchers/card of worth Rs. 1100/ or 2200/- will be provided	Yes No 1100 2200
Fuel Allowance	There must be a 4-wheeler registered in name of the employee. Copy of RC and fuel bills are compulsorily required	Yes No
Chauffeur Allowance	There must be a 4-wheeler registered in name of the employee. Copy of Driver’s DL and receipt of salary payout for each month is required	Yes No
VPF	You can opt for VPF upto 100% of Basic Salary. In the box provided kindly mention the VPF amount you would like to be deducted Annually from your Salary.	Yes No

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