In exercise of the powers conferred by sub section (1) of Section 52 of the Small Industries Development Bank of India Act, 1989 (39 of 1989), the Board of Directors of the Small Industries Development Bank of India

REGD. No. D. L.-33004/99 The Gazette of India CG-UP-E-09032026-270771 EXTRAORDINARY PART III—Section 4 PUBLISHED BY AUTHORITY No. 162] NEW DELHI, FRIDAY, MARCH 6, 2026/PHALGUNA 15, 1947 SMALL INDUSTRIES DEVELOPMENT BANK OF INDIA NOTIFICATION Lucknow, the 2nd March, 2026 "Small Industries Development Bank of India Pension [Amendment] Regulations, 2026" HRDV No. 02112 /Staff-In exercise of the powers conferred by sub-section (1) of Section 52 of the Small Industries Development Bank of India Act, 1989 (39 of 1989), the Board of Directors of the Small Industries Development Bank of India hereby amends the Small Industries Development Bank of India Pension Regulations, 2002, as follows, namely:- 1. (1) These Regulations may be called the Small Industries Development Bank of India Pension [Amendment] Regulations, 2026. (2) These Amendments shall be deemed to have come into force on 6th February, 2026. 2. In regulation 15 of the Small Industries Development Bank of India Pension Regulations, 2002 (hereinafter referred to as "the Principal Regulations”), in the sub-regulation (1), in clause (b), for the figures “375/-", the figures "3500/-" shall be substituted. 3. In regulation 16 of the Principal Regulations, in second paragraph, for the figures “375/-", the figures "3500/-" shall be substituted. 4. In regulation 36 of the Principal Regulations, in the sub-regulation (2), for the figures “375/-", the figures "3500/-" shall be substituted. 5. In regulation 37 of the Principal Regulations, for the figures “375/-”, the figures “3500/-” shall be substituted. 6. In regulation 41 of the Principal Regulations, for sub-regulation (5), the following sub-regulation shall be substituted, namely:- "(5) The ordinary rate of family pension shall be thirty percent of the Pay, subject to a minimum of Rs.9,000/- (Rupees Nine Thousand only) per month and a maximum of thirty percent of highest pay per month in the Bank." 7. After regulation 41 of the Principal Regulations, the following regulation shall be inserted, namely:- "42. Basic pension of pensioners With effect from 6th February, 2026, the basic pension of the employees retired on or before 31st October, 2017 is notionally increased at the rate as mentioned in the table below, namely:- +--------+----------------------------------------------------+-----------------------------------------------------+ | Sr. No. | Category of Pensioner according to date of | Multiplication factor for fixation of revised pension | | | retirement | | +========+====================================================+=====================================================+ | i. | Pre 01.11.2002 retirees | Existing basic pension will be revised by a factor of | | | (a) 02.04.1990 to 31.10.1992 | 5.92, i.e., the existing basic pension of ₹100/- will be | | | (b) 01.11.1992 to 31.10.1997 | revised to basic pension of ₹ 592/-. | | | (c) 01.11.1997 to 31.10.2002 | | +--------+----------------------------------------------------+-----------------------------------------------------+ | ii. | Pensioners retired from 01.11.2002 to | Existing basic pension will be revised by a factor of | | | 31.10.2007 | 3.98, i.e., the existing basic pension of ₹100/- will be | | | | revised to basic pension of ₹ 398/-. | +--------+----------------------------------------------------+-----------------------------------------------------+ | iii. | Pensioners retired from 01.11.2007 to | Existing basic pension will be revised by a factor of | | | 31.10.2012 | 2.87, i.e., the existing basic pension of ₹100/- will be | | | | revised to basic pension of ₹ 287/-. | +--------+----------------------------------------------------+-----------------------------------------------------+ | iv. | Pensioners retired from 01.11.2012 to | Existing basic pension will be revised by a factor of | | | 31.10.2017 | 1.63, i.e., the existing basic pension of ₹100/- will be | | | | revised to basic pension of ₹163/-. | +--------+----------------------------------------------------+-----------------------------------------------------+ Note : Actual benefits shall be payable from 6th February, 2026, without payment of arrears for the period falling before this date SANDEEP VARMA, Chief General Manager [ADVT.-III/4/Exty./738/2025-26] Certified that the Board of Directors of Small Industries Development Bank of India in its meeting held on 06th February, 2026 at New Delhi had approved and adopted the Small Industries Development Bank of India Pension [Amendment] Regulations, 2026. HIMANSHU RAJENDRA ASTHANA, General Manager Uploaded by Dte. of Printing at Government of India Press, Ring Road, Mayapuri, New Delhi-110064 and Published by the Controller of Publications, Delhi-110054. Digitally signed by GORAKHA NATH GORAKHA NATH YADAVA YADAVA Date: 2026.03.09 16:19:43 +05'30'