Bank DA on special allowance From Nov 2020 to Jan 2021

The Labour Bureau announced index number (IW) for the period of July 2020, August 2020 and September 2020 as under

July 2020August 2020September 2020
336 (Base year 2001=100)338 (Base year 2001=100)118 (Base year 2016=100)

Based on the CPI announced, the average index number works out to 7633 (base 1960=100). It means Dearness Allowance for the bank staff will be 818 slabs (81.8 %) or an increase of 4.30% over the previous Quarter.

Dearness allowance chart Special allowance from November 2020 to January 2021 is as under.

      New   old DAincrease
DesignationFixed PayFixed All.         Total81.80%77.50%4.30%
Bill collector39031421344.38326.2818.10
Armed Gurd. 39031421344.38326.2818.10
Daftry56043603493.25467.3325.93
Head Peon 74057797651.95617.6834.27
Electrician204015821981797.961703.4594.51
AC technician204015821981797.961703.4594.51
Driver 237018425542089.171979.35109.82
SWO82064884723.11685.1038.01
Head Cashier12809913791128.021068.7359.30
spl.Asstt. 193015020801701.441612.0089.44
Graduation/PQP00.000.000.00
After 1 year41032442361.56342.5519.01
After 2 years80062862705.12668.0537.07
After 3 years 12109413041066.671010.6056.07
After 4 years 162012517451427.411352.3875.03
After 5 years201015621661771.791678.6593.14

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