Banking News

Bank employees DA on special pay (Latest)


Latest update: 31.01.2018

As announced by the Labour Bureau of the Government today (31.01.2018), the average index numbers for October ‘17 to December ‘17 works out to 6551.01. It means 11 slabs (1.10% ) increase in DA  for the ensuing quarter February 2018 to April 2018, over the previous quarter.

This means 52.70 % DA for the quarter February 2018 to April 2018 on ‘pay’ (which includes allowances eligible for DA) @ the rate of 0.10% per slab. The above increase in DA rate is applicable to all the serving staff of banks viz. Officers, clerical and sub-staff.

DA on Special Pay payable to Clerical And Sub-staffof the Banks  for Febraury ’18 to April ’18
Period: Feb’18  to

April 2018

      New    old DA 1.10%
Designation Fixed Pay Fixed All.          Total 52.70% 51.60%    Increase
Bill collector 390 31 421 221.87 217.24 4.63
Armed Gurd. 390 31 421 222.29 217.24 5.05
Daftry 560 43 603 318.38 311.15 7.24
Head Peon 740 57 797 420.82 411.25 9.56
Electrician 2040 158 2198 1160.54 1134.17 26.38
AC technician 2040 158 2198 1160.54 1134.17 26.38
Driver 2370 184 2554 1348.51 1317.86 30.65
SWO 820 64 884 466.75 456.14 10.61
Head Cashier 1280 99 1379 728.11 711.56 16.55
spl.Asstt. 1930 150 2080 1098.24 1073.28 24.96
Graduation/PQP 0 0.00 0.00 0.00
After 1 year 410 32 442 233.38 228.07 5.30
After 2 years 800 62 862 455.14 444.79 10.34
After 3 years 1210 94 1304 688.51 672.86 15.65
After 4 years 1620 125 1745 921.36 900.42 20.94
After 5 years 2010 156 2166 1143.65 1117.66 25.99
2010 156 2166 1143.65 1117.66 25.99

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