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Can anyone tell me what does this really mean...

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Only the eligible leaves will be encashed - your balance may be 35 , but thats not the eligibility- 22 leaves would have been credited at year start. So that will be considered on pro rata basis till your lwd. And if you had taken any excess sick leaves ( than eligibility) even that will be deducted from PL
Gotcha, thanks mate
35 leaves for the entire year ?
So pro rata it is
Interested
Did you encashed your leaves while leaving or in between you tenure?
Do they encash leave on basic or based salary?
I don't think CBA have DA