Navigating Privilege Leave in Banking: How Many Days, Cancellations, and Medical Grounds?

All questions related to the banking industry:

How many times in a calendar year can PL be availed? What is the total number of days this leave can be availed at a stretch? Can sanctioned PL leave be cancelled? How many days prior to leave application should be submitted? If PL has already been availed for stipulated times in a year, can it be availed on medical grounds? On which grounds can sanctioned PL leaves be cancelled, and is it binding on the employee?

1. Twice a year and the third time after receiving sanction from your CA.
2. Depends on your balance, please.
3. Yes.
4. 30 days.
5. No, PL is not granted on medical grounds if reimbursement is sought; otherwise, yes.