Expected DA Calculator for Bank Employees from Feb 2023

All-India CPI-IW for October, 2022 increased by 1.2 points and stood at 132.5

Expected DA Calculation Updated on 30.11.22 on the basis of CPI for the months of Oct 2022 with assumptions of CPI for the month of Nov'22 & Dec'22 as mentioned hereunder. The CPI for the month of Oct'22 announced on 30.11.22 as 132.50 i.e. with an increase of 1.20 points (as per revised base year 2016) (The base year was changed from Oct 2020)

1. On assumptions if there is an increase of 1.00 point of CPI in the month of Nov'22 and 0.90 points in the month of Dec'22. However, there is on going regular rise in prices of commonly required daily needs items / commodities which is making month over month difficult to manage family budget. Accordingly, on above conservative assumption, we may expect there would be an increase of 49 slabs and the total tentatively revised DA slabs would be 605 i.e. 42.35% from Feb'23 in terms of 11th BPS.
2. On assumptions if there is an increase of 0.90 point of CPI in the month of Nov'22 and 0.80 points in the month of Dec'22. On the basis of these assumption, we may expect there would be an increase of 48 slabs and the total tentatively revised DA slabs would be 604 i.e. 42.28% from Feb'23 in terms of 11th BPS.
3. On assumptions if there is an increase of 0.80 point of CPI in the month of Nov'22 and 0.70 points in the month of Dec'22. On the basis of this assumption, we may expect there would be an increase of 25 slabs and the total tentatively revised DA slabs would be 602 i.e. 42.14% from Feb'23 in terms of 11th BPS
4. On assumptions if there is an increase of 0.50 point of CPI in the month of Nov'22 and 0.40 points in the month of Dec'22. On the basis of this assumption, we may expect there would be an increase of 20 slabs and the total tentatively revised DA slabs would be 597 i.e. 41.79% from Feb'23 in terms of 11th BPS
5. On assumptions if there is no increase of 0.00point of CPI in the month of Nov'22 and 0.00 points in the month of Dec'22. On the basis of this assumption, we may expect there would be an increase of 12 slabs and the total tentatively revised DA slabs would be589 i.e. 41.23% from Feb'23 in terms of 11th BPS