EXPECTED DA FOR BANKER'S FROM NOVEMBER 2024 MINIMUM 0.78% AND MAXIMUM 0.87%

Expected DA Calculation Updated on 09.09.24 on the basis of CPI for the month of Jul'24 with the assumptions of CPI for the month of Aug'24 and Sep'24 as mentioned hereunder, as per the DA calculation norms of 12^th BPS on revised basic pay. The CPI for the month of July'24 which was due to be released on 31.08.24 announced on 09.09.24 as 142.70 (the reason of delay of announcement is not know )there is an increase of 1.30 points from June'24. (as per revised base year 2016) (The base year was changed from Oct 2020)

1. On assumptions if there is an increase of CPI index by 0.90 points in the month of Aug'24 and 0.75 in the month of Sep'24, keeping in view of on going regular rise in prices of commonly required daily needs / items and commodities which is making month over month difficult to manage family budget. Accordingly, on this assumption, we may expect there would be an increase of 0.87% DA in terms of 12^th BPS on revised pay. Total 20.52% DA will become payable from Nov'24.
2. On assumptions if there is an increase of CPI index by 0.70 points in the month of Aug'24 and 0.60 in the month of Sep'24, we may expect there would be an increase of 0.83% in terms of 12^th BPS on revised pay. Total 20.34 percentage of DA will become payable from Nov'24.
3. On assumptions if there is an increase of CPI index by 0.50 points in the month of Aug'24 and 0.50 in the month of Sep'24, we may expect would be an increase of 0.78% in terms of 12^th BPS on revised pay. Total 20.17 percentage of DA will become payable from Nov'24.