DA chart for bank employees’ special allowance from August to October 2020

On the basis of CPI data announced by the Labour Bureau for the period of April  2020 to June 2020, the average index number works out to 7540 (base 1960=100) or 775-slabs(77.50 %) for the above period. It means bank employees and officers have entitled dearness allowance to an increase of 14slabs (1.40%) for the ensuing quarter of August 2020 to October 2020. Dearness allowance (DA) chart for a special allowance from August 2020 to October 2020 is provided below.

      New   old DAincrease
DesignationFixed PayFixed All.         Total77.50%76.10%1.40%
Bill collector39031421326.28320.385.89
Armed Gurd. 39031421326.28320.385.89
Daftry56043603467.33458.888.44
Head Peon 74057797617.68606.5211.16
Electrician204015821981703.451672.6830.77
AC technician204015821981703.451672.6830.77
Driver 237018425541979.351943.5935.76
SWO82064884685.10672.7212.38
Head Cashier12809913791068.731049.4219.31
spl.Asstt. 193015020801612.001582.8829.12
Graduation/PQP00.000.000.00
After 1 year41032442342.55336.366.19
After 2 years80062862668.05655.9812.07
After 3 years 12109413041010.60992.3418.26
After 4 years 162012517451352.381327.9524.43
After 5 years201015621661678.651648.3330.32
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