All CsFA (Fys)
Sub : Revised rate of stipend to Trade Apprentices
i) During first year of training – Rs.2100/- per month
ii) During second year of training – Rs.2400/- per month
iii) During third year of training – Rs.2800/- per month
iv) During fourth year of training – Rs. 3100/- per month
The monthly stipend to the trade apprentices may be paid accordingly with effect from 27-09-2013.
All Branch Accounts Offices under your administration may please be informed accordingly.
Encls.: As above
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