Mumbai - ₹4,000/- per month Delhi / Kolkata - ₹3,400/- per month Chennai/Bangalore/Pune - ₹3,000/- per month Other Cities / Job sites - ₹2,200/- per month
Those provided with Company – owned / Leased accommodation will be
governed by the Company’s Residential Accommodation Scheme
2. C on v eya nc e A ll ow an ce -₹5,500/- per month
( for employees not covered under any car scheme)
In the case of employees who choose to avail the Conveyance facility
provided at Project Sites by the Company, an amount of ₹2,000/- per month will be recovered for such a facility.
3. Special Allowance Mumbai - ₹650/- per month
The allowance will be payable to staff members during their posting
in Mumbai based offices / establishments viz, President's office / Regional Office, Mallet Bunder and Panvel.
4. Ed uc a ti on Al lo wa nc e - ₹1150/- per month
For employees already availing Furniture Loan the Education Allowance will be reduced to the extent of ₹350/- p.m.
5. Leave Travel Allowance - ₹25,000/- per annum
6. Other benefits
6.1 PC Scheme
6.2 Car Scheme
} - Details available in EIP portal
7. Medical Scheme - As applicable to covenanted cadre
8. Special Medical Insurance Scheme - ₹8.00 Lakhs p.a. for staff member + Spouse + 2 dependents Staff promoted from O-3 to M1-B, will be able to claim ₹8.00 lakhs from subsequent renewal of mediclaim policy i.e. 1st of April 2017
9. Annual Health Check - Above 35 yrs : Once in every year
- Below 35 yrs : Once in two years
10. Holiday Home Facility - At L&T Holiday Home across the country ***