Banking News

Bank employees DA on special pay (Latest)


Latest update: 27.04.2018

Only 2 slabs increase in DA for May-July 2018

As announced by the Labour Bureau of the Government today (27.04.2018), the average index numbers (CPI-IW) for the months of  Janaury 2018 to March 2018 works out to 6558.63. It means 2 slabs (0.20% ) increase in DA  for the ensuing quarter May 2018 to July  2018, over the previous quarter.

This means 52.90 % DA for the quarter May 2018 to July  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.
CLICK below for confirmed DA CHART for May 2018-July 2018

 

      New    old DA increase
Designation Fixed Pay Fixed All.          Total 52.90% 52.70% 0.20%
Bill collector 390 31 421 222.71 221.87 0.84
Armed Gurd. 390 31 421 222.71 221.87 0.84
Daftry 560 43 603 318.99 317.78 1.21
Head Peon 740 57 797 421.61 420.02 1.59
Electrician 2040 158 2198 1162.74 1158.35 4.40
AC technician 2040 158 2198 1162.74 1158.35 4.40
Driver 2370 184 2554 1351.07 1345.96 5.11
SWO 820 64 884 467.64 465.87 1.77
Head Cashier 1280 99 1379 729.49 726.73 2.76
spl.Asstt. 1930 150 2080 1100.32 1096.16 4.16
Graduation/PQP 0 0.00 0.00 0.00
After 1 year 410 32 442 233.82 232.93 0.88
After 2 years 800 62 862 456.00 454.27 1.72
After 3 years 1210 94 1304 689.82 687.21 2.61
After 4 years 1620 125 1745 923.11 919.62 3.49
After 5 years 2010 156 2166 1145.81 1141.48 4.33

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