Bank Employees DA from August 2020

DA For Bank Employees From Nov 2020 to Jan 2021

Revision in Dearness Allowance for the quarter Aug’20 to Oct’20 | Bank DA from Aug 2020 to Oct 2020

Bank Employees DA for August 2020 – DA for Bank Employees from August 2020 – Expected DA for Bank Pensioners from August 2020

All India Bank Officers’ Confederation
(Registered under the Trade Unions Act 1926, Registration No.3427/Delhi)
6th Floor, E-Block, Samriddhi Bhavan, 1, Strand Road, Kolkata -700 001
c/o State Bank of India Officers’ Association (Bengal Circle)
Phone: 2210- 1234, Fax: (033) 2210- 2210

Also Read: Bank Wage Revision 22-07-2020

Circular No. 2020/57

Date: 31.07.2020

To All Affiliates (Please Circulate)

DEARNESS ALLOWANCE

The Index Numbers for the quarter ended June 2020 are as under:

Also Read: Improvement of Family Pension and Updation/ Revision of Pension

Month	Index as per 2001 series	Index as per 2001 series	Index as per 1960 series
Apr 2020	329	4.63 X 4.93	7509.72
May 2020	330	4.63 X 4.93	7532.54
June 2020	332	4.63 X 4.93	7578.19
Total			22620.45
Average	22620.45/3		7540.15
	Rounded off		7540

Difference in excess of 4440 points	3100
Number of slabs	775
D.A. paid for the previous quarter on slabs	761
Difference	14

IBA is agreeable to Family Pension at 30% without ceiling subject to discussions of modalities.

Accordingly, Dearness Allowance is payable to Officers on 775 (i.e. 761+14) slabs with effect from 01¬08-2020 as against 761 slabs for the previous quarter. The rates of Dearness Allowance at various stages of basic pay are furnished overleaf. The rates worked out are as per the industry level scales up to Scale VII including SBI.

With greetings,

Bank Wage Revision PDF Download – Signed Copies

Yours comradely,

(Soumya Datta)
General Secretary

STA	SCALE	BASIC	SPL	EXISTING DA
		PAY	ALLOW	761 SLABS 76.10%
1	I- III	23700	1836.75	19433.47
2		24680	1912.7	20237.04
3		25660	1988.65	21040.62
4		26640	2064.6	21844.20
5		27620	2140.55	22647.78
6		28600	2216.5	23451.36
7		29580	2292.45	24254.93
8		30560	2368.4	25058.51
9		31705	2457.14	25997.39
10		32850	2545.88	26936.26
11		34160	2647.4	28010.43
12		35470	2748.93	29084.61
13		36780	2850.45	30158.77
14		38090	2951.98	31232.95
15		39400	3053.5	32307.11
16		40710	3155.03	33381.29
17		42020	3256.55	34455.45
18		43330	3358.08	35529.63
19		44640	3459.6	36603.80
20		45950	3561.13	37677.97
21		47260	3662.65	38752.14
22		48570	3764.18	39826.31
23		50030	3877.33	41023.48
24		51490	3990.48	42220.65
25	STG-1	52950	4103.63	43417.81
26	STG-2	54410	4216.78	44614.98
27	STG-3	55870	4329.93	45812.15
28	STG-4	57330	4443.08	47009.31
29	STG-5	58790	4556.23	48206.48
30	IV – V	50030	5003	41880.11
31		51490	5149	43102.28
32		52950	5295	44324.45
33		54410	5441	45546.61
34		55870	5587	46768.78
35		57520	5752	48149.99
36		59170	5917	49531.21
37		60820	6082	50912.42
38		62470	6247	52293.64
39		64270	6427	53800.42
40		66070	6607	55307.20
41	VI – VII	68680	7554.8	58014.68
42		70640	7770.4	59670.31
43		72600	7986	61325.95
44		74560	8201.6	62981.58
45		76520	8417.2	64637.21
46		78640	8650.4	66427.99
47		80760	8883.6	68218.78
48		82880	9116.8	70009.56
49		85000	9350	71800.35
		670		509.87
		1680		1278.48

STA	SCALE	BASIC	SPL	NEW DA
		PAY	ALLOW	775 SLABS 77.50%
1	I- III	23700	1836.75	19790.98
2		24680	1912.7	20609.34
3		25660	1988.65	21427.70
4		26640	2064.6	22246.07
5		27620	2140.55	23064.43
6		28600	2216.5	23882.79
7		29580	2292.45	24701.15
8		30560	2368.4	25519.51
9		31705	2457.14	26475.66
10		32850	2545.88	27431.81
11		34160	2647.4	28525.74
12		35470	2748.93	29619.67
13		36780	2850.45	30713.60
14		38090	2951.98	31807.53
15		39400	3053.5	32901.46
16		40710	3155.03	33995.40
17		42020	3256.55	35089.33
18		43330	3358.08	36183.26
19		44640	3459.6	37277.19
20		45950	3561.13	38371.13
21		47260	3662.65	39465.05
22		48570	3764.18	40558.99
23		50030	3877.33	41778.18
24		51490	3990.48	42997.37
25	STG-1	52950	4103.63	44216.56
26	STG-2	54410	4216.78	45435.75
27	STG-3	55870	4329.93	46654.95
28	STG-4	57330	4443.08	47874.14
29	STG-5	58790	4556.23	49093.33
30	IV – V	50030	5003	42650.58
31		51490	5149	43895.23
32		52950	5295	45139.88
33		54410	5441	46384.53
34		55870	5587	47629.18
35		57520	5752	49035.80
36		59170	5917	50442.43
37		60820	6082	51849.05
38		62470	6247	53255.68
39		64270	6427	54790.18
40		66070	6607	56324.68
41	VI – VII	68680	7554.8	59081.97
42		70640	7770.4	60768.06
43		72600	7986	62454.15
44		74560	8201.6	64140.24
45		76520	8417.2	65826.33
46		78640	8650.4	67650.06
47		80760	8883.6	69473.79
48		82880	9116.8	71297.52
49		85000	9350	73121.25
		670		519.25
		1680		1302.00

STA	SCALE	BASIC	SPL	DIFF. OF DA
		PAY	ALLOW
1	I- III	23700	1836.75	357.51
2		24680	1912.7	372.30
3		25660	1988.65	387.08
4		26640	2064.6	401.86
5		27620	2140.55	416.65
6		28600	2216.5	431.43
7		29580	2292.45	446.21
8		30560	2368.4	461.00
9		31705	2457.14	478.27
10		32850	2545.88	495.54
11		34160	2647.4	515.30
12		35470	2748.93	535.07
13		36780	2850.45	554.83
14		38090	2951.98	574.59
15		39400	3053.5	594.35
16		40710	3155.03	614.11
17		42020	3256.55	633.87
18		43330	3358.08	653.63
19		44640	3459.6	673.39
20		45950	3561.13	693.16
21		47260	3662.65	712.92
22		48570	3764.18	732.68
23		50030	3877.33	754.70
24		51490	3990.48	776.73
25	STG-1	52950	4103.63	798.75
26	STG-2	54410	4216.78	820.77
27	STG-3	55870	4329.93	842.80
28	STG-4	57330	4443.08	864.82
29	STG-5	58790	4556.23	886.85
30	IV – V	50030	5003	770.46
31		51490	5149	792.95
32		52950	5295	815.43
33		54410	5441	837.91
34		55870	5587	860.40
35		57520	5752	885.81
36		59170	5917	911.22
37		60820	6082	936.63
38		62470	6247	962.04
39		64270	6427	989.76
40		66070	6607	1017.48
41	VI – VII	68680	7554.8	1067.29
42		70640	7770.4	1097.75
43		72600	7986	1128.20
44		74560	8201.6	1158.66
45		76520	8417.2	1189.12
46		78640	8650.4	1222.07
47		80760	8883.6	1255.01
48		82880	9116.8	1287.96
49		85000	9350	1320.90
		670		9.38
		1680		23.52

Also Read: 11th BPS Expected Salary Calculator | 11th BPS Arrears Calculator for Bank Officers Workmen