Because the price have come down in India in every corner Banker DA decreases by 8 salb i.e 0.56% of Basic and Spl pay

Because the price have come down in India in every corner. Mustard oil, Petrol, Onion , Gold, Rice, and other commodities  are more cheaper than last quarter  only for this DA for banker are less by 8 slab i.e 0.56% of  Basic+ Spl pay. Enjoy the banking

Today i.e. on 30.04.21 CPI for the month of Mar'21 announced with an increase of 0.60 points from Feb'21 as per base year 2016. Earlier Govt vide their notification dated 22.10.20   has changed the Consumer Price base year from 2001=100 to 2016=100 for Industrial Workers.

On the basis of CPI data announced by the Govt for the months of Jan'21 to Mar'21 with an increase of 0.60 points from Feb'21 as per base year 2016. On the basis of CPI announced by the Govt for the months Jan'21 to Mar'21 (as tabled below). There will be decrease of 7 slabs i.e. the total DA slabs would become payable from May'21 will be 845 slabs on pre revised pay and 367 slabs on revised pay for the period of May'21 to Jul'21

This website do not claim its calculation of DA slabs would may become payable as full and final as IBA circular of DA release is awaited and this calculator shall be updated accordingly.