Categories: Bank Staff

Bank Sub-staff: New Basic, Special allowance, and DA for November 2020 under 11th BPS

As agreed upon by workmen unions and IBA representatives on 31st October 2020 under 11th BPS, the revised DA would be at 0.07% per slab of 4 points over 6352 points for the new fitments. Additionally, Special Allowance of 16.4% for both clerical and sub staff. Accordingly, we have worked out a revised pay-slip at each stage asunder.

The following are the index numbers (IW) announced by the Labour Bureau for the months of July 2020, August 2020, and September 2020.

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

Therefore, the average index numbers for the above period is 7713

As per new fitment under 11th BPS DA merger 6352 i.e. 7713-6352=1361/4=340 slabs

i.e. The revised DA for November 2020 will be @0.07%= 23.80% on basic and special allowance

The revised Pay slip chart for the above period are as under;

oldoldoldold DAGross totalNewNew NewNew Grossdifference
StageBasicSpl.All.Total81.80%old BasicSpl AllTotalDA
@ 23.80
total
19560741103018426.2218727.22145002378168784016.96208952167.75
29885761106468708.4319354.43150002460174604155.48216152261.05
310210791110018998.8219999.82155002542180424294.00223362336.18
410535816113519285.1220636.12160002624186244432.51230572420.39
510860842117029572.2421274.24165002706192064571.03237772502.79
611270873121439932.9722075.97171152807199224741.40246632587.29
7116809051258510294.5322879.53177302908206384911.78255492669.97
8120909371302710656.0923683.09183453009213545082.15264362752.65
9125009691346911017.6424486.64189603109220695252.53273222835.32
101291010011391111379.2025290.20195753210227855422.90282082918.00
111340010391443911811.1026250.10203153332236475627.91292753024.46
121389010761496612242.1927208.19210553453245085832.91303413132.74
131438011141549412674.0928168.09217953574253696037.91314073239.20
141487011521602213106.0029128.00225353696262316242.92324743345.66
151544011971663713609.0730246.07234053838272436483.93337273481.29
161601012411725114111.3231362.32242753981282566724.95349813618.73
171658012851786514613.5732478.57251454124292696965.97362353756.18
181723513361857115191.0833762.08261454288304337243.00376763913.70
191789013861927615767.7735043.77271454452315977520.03391174073.05
201854514371998216345.2836327.28281454616327617797.07405584230.57
Stagnation 11920014882068816922.7837610.78291454780339258074.10419994388.09
Stagnation 21985515392139417500.2938894.29301454944350898351.13434404545.62
Stagnation 32051015902210018077.8040177.80311455108362538628.16448814703.14
Stagnation 42116516402280518654.4941459.49321455272374178905.19463224862.48
stagnation 52182016912351119232.0042743.00331455436385819182.23477635020.01
stagnation 62247517422421719809.5144026.51341455600397459459.26492045177.53
stagnation 72313017932492320387.0145310.01351455764409099736.29506455335.06
Stagnation 82378518432562820963.7046591.703614559284207310013.32520865494.40
stagnation 93714560924323710290.355352753527.13

clerical:

Surendra Naik

Share
Published by
Surendra Naik

Recent Posts

Bank Holidays 2025: Karnataka State

“Under the explanation to Section 25 of the Negotiable Instruments Act, 1881 (Central Act 26…

8 mins ago

What are Suspense Account and rectification in Trial Balance?

When the trial balance does not tally due to the one-sided errors in the books,…

17 hours ago

Explained: Reasons for disagreement of a Trial Balance

Errors in Trial Balance are mistakes made during the accounting process that cannot always be…

18 hours ago

Bank Holidays 2025: GOA

 “Under the explanation to Section 25 of the Negotiable Instruments Act, 1881 (Central Act 26…

1 day ago

Reporting of Foreign Exchange Transactions to Trade Repository

The Reserve Bank of India is expanding reporting requirements for foreign exchange transactions. Starting February…

2 days ago

Bank Holidays 2025: State of Kerala

“Under the explanation to Section 25 of the Negotiable Instruments Act, 1881 (Central Act 26…

2 days ago