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What will be the monthly inhand salary for this.

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Chief
The AOB points received on the recognition portal are posted as Salary and it is subjected to tax.
You must be having one more entry 'Tax Gross up', which is to negate the tax on the 'GBL_REC_AWARD' (subject to your income in the taxable salary range)
For example, if you have received 100 rupees as the AOB benefit and tax on that is 20 rupees (assumption), then there will be an entry of 22 rupees under Tax Gross up, so that after calculating tax on 22 which might come up to 20, then in net this will negate the tax of 20 on the 100 rupees AOB benefit.
This way employee gets the whole benefit