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Dearness Allowance Chart for Bank Clerical Staff (Latest)

Dearness Allowance Chart for Bank Clerical Staff (Latest)


The key policy rates in this article are constantly updated to reflect the latest DA rates applicable to Clerical staff of the banks.

Dearness Allowance (DA) is a cost of living allowance paid to Government employees Public sector employees (PSU) and their pensioners to mitigate the impact of inflation on them. This allowance is calculated on the basis of increase or decrease in All India Consumer Price Index for Industrial Workers (CPI-IW). The Consumer Price Index is the estimation of price changes in a representative basket of goods and services, during a period which is pegged into index numbers.The Government of India, Ministry of Labour and Employment, (Labour Bureau), releases Consumer Price Index at Base year 2001=100 for Industrial Workers (CPI-IW), on the last working day of every month.   Banks under X BPS & Joint notes are using the same series of consumer price index; related to previous quarter for calculation of DA for the ensuing quarter.

The Dearness Allowance payable to employees/Officers  under X BPS   is 478 slabs @0.10% of DA for August, September and October 2016 in terms of confirmed CPI for August, September and October 2016. It means an increase of 23 slabs over the current level. Thus, the percentage of DA payable to employees/Officers for the months of November 2016, December 2016, and January 2017will be @ 47.80% on ‘pay’ (which includes allowances eligible for DA).

Stage Basic Spl.All. Total DA47.8% DA 45.50% Increase
1 11765 912 12677 6059.61 5768.04 291.57
2 12420 963 13383 6397.07 6089.27 307.81
3 13075 1013 14088 6734.06 6410.04 324.02
4 13730 1064 14794 7071.53 6731.27 340.26
5 14545 1127 15672 7491.22 7130.76 360.46
6 15360 1190 16550 7910.90 7530.25 380.65
7 16175 1254 17429 8331.06 7930.20 400.87
8 17155 1330 18485 8835.83 8410.68 425.15
9 18135 1405 19540 9340.12 8890.70 449.42
10 19115 1481 20596 9844.89 9371.18 473.71
11 20095 1557 21652 10349.66 9851.66 498.00
12 21240 1646 22886 10939.51 10413.1 526.38
13 22385 1735 24120 11529.36 10974.6 554.76
14 23530 1824 25354 12119.21 11536.1 583.14
15 24675 1912 26587 12708.59 12097.1 611.50
16 25820 2001 27821 13298.44 12658.6 639.88
17 26965 2090 29055 13888.29         13220 668.26
18 28110 2179 30289 14478.14 13781.5 696.65
19 30230 2343 32573 15569.89 14820.7 749.18
20 31540 2444 33984 16244.35 15462.7 781.63
21 32850 2546 35396 16919.29 16105.2 814.11
22 34160 2647 36807 17593.75 16747.2 846.56
23 35470 2749 38219 18268.68 17389.6 879.04
24 36780 2850 39630 18943.14 18031.7 911.49
25 38090 2952 41042 19618.08 18674.1 943.97
26 39400 3054 42454 20293.01 19316.6 976.44
27 40710 3155 43865 20967.47 19958.6 1008.90
28 42020 3257 45277 21642.41 20601.0 1041.37

DA payable on SPECIAL Fixed PAY

DA Payable to Clerical Staff on Fixed (Special ) Pay Fixed Pay Fixed Allowance Total New DA at 47.80% Old DA at

45.50%

Increase in DA
SWO 820 64 884 422.55 402.22 20.33
Head Cashier 1280 99 1379 659.16 627.45 31.72
Special Assistant 1930 150 2080 994.24 946.40 47.84
Graduation/PQP 0.00 0.00 0.00
After 1 year 410 32 442 211.28 201.11 10.17
After 2 years 800 62 862 412.04 392.21 19.83
After 3 years 1210 94 1304 623.31 593.32 29.99
After 4 years 1620 125 1745 834.11 793.98 40.14
After 5 years 2010 156 2166 1035.35 985.53 49.82

 

 Chart for August 2016 to October 2016

Revised Previous               DA
Stage Basic Spl.All. Total DA 45.5% DA 42%     Increase
1 11765 912 12677 5768.04  5324.34 443.70
2 12420 963 13383 6089.27  5620.86 468.41
3 13075 1013 14088 6410.04  5916.96 493.08
4 13730 1064 14794  6731.27  6213.48 517.79
5 14545 1127 15672  7130.76  6582.24 548.52
6 15360 1190 16550  7530.25  6951.00 579.25
7 16175 1254 17429  7930.20  7320.18 610.02
8 17155 1330 18485  8410.68  7763.70 646.98
9 18135 1405 19540  8890.70  8206.80 683.90
10 19115 1481 20596  9371.18  8650.32 720.86
11 20095 1557 21652  9851.66  9093.84 757.82
12 21240 1646 22886  10413.13  9612.12 801.01
13 22385 1735 24120 10974.60  10130.4 844.20
14 23530 1824 25354 11536.07  10648.7 887.39
15 24675 1912 26587 12097.09  11166.5 930.55
16 25820 2001 27821 12658.56  11684.8 973.74
17 26965 2090 29055 13220.03  12203.1 1016.93
18 28110 2179 30289 13781.50  12721.4 1060.12
19 30230 2343 32573 14820.72  13680.7 1140.06
20 31540 2444 33984 15462.72  14273.3 1189.44
21 32850 2546 35396 16105.18  14866.3 1238.86
22 34160 2647 36807 16747.19  15458.9 1288.25
23 35470 2749 38219 17389.65   16052 1337.67
24 36780 2850 39630 18031.65  16644.6 1387.05
25 38090 2952 41042 18674.11  17237.6 1436.47
26 39400 3054 42454 19316.57  17830.7 1485.89
27 40710 3155 43865 19958.58  18423.3 1535.28
28 42020 3257 45277 20601.04  19016.3 1584.70
DA on Fixed  Pay Fixed Pay Fixed Allowance Total New DA at 45.5% Old DA at

42%

Increase in DA
SWO 820 64 884 402.22 371.28 30.94
Head Cashier 1280 99 1379 627.45 579.18 48.27
Special Assistant 1930 150 2080 946.40 873.60 72.80
Graduation/PQP
After 1 year 410 32 442 201.11 185.64 15.47
After 2 years 800 62 862 392.21 362.04 30.17
After 3 years 1210 94 1304 593.32 547.68 45.64
After 4 years 1620 125 1745 793.98 732.90 91.08
After 5 years 2010 156 2166 985.53 909.72 75.81

 

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