Likely DA ( Dearness Allowance ) and Detailed DA Chat for Bankers from August 2015

Likely DA ( Dearness Allowance ) and Detailed DA Chat for Bankers from August 2015

With wage revision and new salary already in place there is another cheer for bankers as from August 2015 there is likely increase of Dearness Allowance by 2.8% ie from present 33.7% to 36.5%

Labour Bureau,Ministry of Labour and Employment,Govt of India,released today, the AllIndia Consumer Price Index Numbers (AICPIN)for Industrial workers(IW) Base 2001=100 for the month of MAY ’15 which stood at 258 points with an increase of 2 points while compared to April’15 figure.

 Accordingly the  confirmed index figures for April & May are as follows:
                 Base 2001=100                    1960=100
April                   256                             5843.43
May                    258                             5889.08         
                               
 If the  present level of index for May is continued at same level in June also, there may  have  21 slabs increase in DA payable to Bank workmen/Officers from August 2015

 There is also  likelihood of further increase of 8  or 10 points in June index figure in such case increase of 30 slabs too can be expected.

This is only an assumption based on  the past trend as well as on latest  movement of index numbers.Exact DA  for next half year will be arrived based on average index numbers  of April,May and  June’15.(which will be released in next month only).by Last date date of July

Kindly note that after new wage revision for bank employees the DA shall be paid on both basic as well as the special allowance.

Hence we have complied the detailed DA chart for the Public sector bank employees including state bank of India and SBI associate banks.

Scale	Basic Pay	Spl Allowance	Total DA Old	New DA	Difference
			33.7 Percent	36.5 Percent
I II III	23700	1,836.75	8,605.88	9,320.91	715.03
I II III	24680	1,912.70	8,961.74	9,706.34	744.60
I II III	25660	1,988.65	9,317.60	10,091.76	774.16
I II III	26640	2,064.60	9,673.45	10,477.18	803.73
I II III	27620	2,140.55	10,029.31	10,862.60	833.30
I II III	28600	2,216.50	10,385.16	11,248.02	862.86
I II III	29580	2,292.45	10,741.02	11,633.44	892.43
I II III	30560	2,368.40	11,096.87	12,018.87	922.00
I II III	31705	2,457.14	11,512.64	12,469.18	956.54
I II III	32850	2,545.88	11,928.41	12,919.49	991.08
I II III	34160	2,647.40	12,404.09	13,434.70	1,030.61
I II III	35470	2,748.93	12,879.78	13,949.91	1,070.13
I II III	36780	2,850.45	13,355.46	14,465.11	1,109.65
I II III	38090	2,951.98	13,831.15	14,980.32	1,149.18
I II III	39400	3,053.50	14,306.83	15,495.53	1,188.70
I II III	40710	3,155.03	14,782.51	16,010.73	1,228.22
I II III	42020	3,256.55	15,258.20	16,525.94	1,267.74
I II III	43330	3,358.08	15,733.88	17,041.15	1,307.27
I II III	44640	3,459.60	16,209.57	17,556.35	1,346.79
I II III	45950	3,561.13	16,685.25	18,071.56	1,386.31
I II III	47260	3,662.65	17,160.93	18,586.77	1,425.83
I II III	48570	3,764.18	17,636.62	19,101.97	1,465.36
I II III	50030	3,877.33	18,166.77	19,676.17	1,509.41
I II III	51490	3,990.48	18,696.92	20,250.37	1,553.45
IV V	50030	5,003.00	18,546.12	20,087.05	1,540.92
IV V	51490	5,149.00	19,087.34	20,673.24	1,585.89
IV V	52950	5,295.00	19,628.57	21,259.43	1,630.86
IV V	54410	5,441.00	20,169.79	21,845.62	1,675.83
IV V	55870	5,587.00	20,711.01	22,431.81	1,720.80
IV V	57520	5,752.00	21,322.66	23,094.28	1,771.62
IV V	59170	5,917.00	21,934.32	23,756.76	1,822.44
IV V	60820	6,082.00	22,545.97	24,419.23	1,873.26
IV V	62470	6,247.00	23,157.63	25,081.71	1,924.08
IV V	64270	6,427.00	23,824.89	25,804.41	1,979.52
IV V	66070	6,607.00	24,492.15	26,527.11	2,034.96
VI VII	68680	7,554.80	25,691.13	27,825.70	2,134.57
VI VII	70640	7,770.40	26,424.30	28,619.80	2,195.49
VI VII	72600	7,986.00	27,157.48	29,413.89	2,256.41
VI VII	74560	8,201.60	27,890.66	30,207.98	2,317.32
VI VII	76520	8,417.20	28,623.84	31,002.08	2,378.24
VI VII	78640	8,650.40	29,416.86	31,861.00	2,444.13
VI VII	80760	8,883.60	30,209.89	32,719.91	2,510.02
VI VII	82880	9,116.80	31,002.92	33,578.83	2,575.91
VI VII	85000	9,350.00	31,795.95	34,437.75	2,641.80