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 of Bank Officers for the quarter of August 2020 to October 2020 is provided below.
Stage | Basic_pay | Spl.Pay | Total | DA New | DA previous | Increase |
Officers Scale I to VII | . | . | . | 77.50% | 76.10% | |
1 | 23700 | 1837 | 25537 | 19791.18 | 19433.66 | 357.52 |
2 | 24680 | 1913 | 26593 | 20609.58 | 20237.27 | 372.30 |
3 | 25660 | 1989 | 27649 | 21427.98 | 21040.89 | 387.09 |
4 | 26640 | 2065 | 28705 | 22246.38 | 21844.51 | 401.87 |
5 | 27620 | 2141 | 29761 | 23064.78 | 22648.12 | 416.65 |
6 | 28600 | 2217 | 30817 | 23883.18 | 23451.74 | 431.44 |
7 | 29580 | 2292 | 31872 | 24700.80 | 24254.59 | 446.21 |
8 | 30560 | 2368 | 32928 | 25519.20 | 25058.21 | 460.99 |
9 | 31705 | 2457 | 34162 | 26475.55 | 25997.28 | 478.27 |
10 | 32850 | 2546 | 35396 | 27431.90 | 26936.36 | 495.54 |
11 | 34160 | 2647 | 36807 | 28525.43 | 28010.13 | 515.30 |
12 | 35470 | 2749 | 38219 | 29619.73 | 29084.66 | 535.07 |
13 | 36780 | 2850 | 39630 | 30713.25 | 30158.43 | 554.82 |
14 | 38090 | 2952 | 41042 | 31807.55 | 31232.96 | 574.59 |
15 | 39400 | 3054 | 42454 | 32901.85 | 32307.49 | 594.36 |
16 | 40710 | 3155 | 43865 | 33995.38 | 33381.27 | 614.11 |
17 | 42020 | 3257 | 45277 | 35089.68 | 34455.80 | 633.88 |
18 | 43330 | 3358 | 46688 | 36183.20 | 35529.57 | 653.63 |
19 | 44640 | 3460 | 48100 | 37277.50 | 36604.10 | 673.40 |
20 | 45950 | 3561 | 49511 | 38371.03 | 37677.87 | 693.15 |
21 | 47260 | 3663 | 50923 | 39465.33 | 38752.40 | 712.92 |
22 | 48570 | 3764 | 52334 | 40558.85 | 39826.17 | 732.68 |
23 | 50030 | 3877 | 53907 | 41777.93 | 41023.23 | 754.70 |
24 | 51490 | 3990 | 55480 | 42997.00 | 42220.28 | 776.72 |
Officers Scale IV | 0 | 0 | 0 | 0.00 | 0.00 | 0.00 |
OS-IV-01 | 50030 | 5003 | 55033 | 42650.58 | 41880.11 | 770.46 |
OS-IV-02 | 51490 | 5149 | 56639 | 43895.23 | 43102.28 | 792.95 |
OS-IV-03 | 52950 | 5295 | 58245 | 45139.88 | 44324.45 | 815.43 |
OS-IV-04 | 54410 | 5441 | 59851 | 46384.53 | 45546.61 | 837.91 |
OS-IV-05 | 55870 | 5587 | 61457 | 47629.18 | 46768.78 | 860.40 |
OS-IV-06 | 57520 | 5752 | 63272 | 49035.80 | 48149.99 | 885.81 |
OS-IV-07 | 59170 | 5917 | 65087 | 50442.43 | 49531.21 | 911.22 |
Officers Scale V | 0 | 0 | 0 | 0.00 | 0.00 | 0.00 |
OS-V-01 | 59170 | 5917 | 65087 | 50442.43 | 49531.21 | 911.22 |
OS-V-02 | 60820 | 6082 | 66902 | 51849.05 | 50912.42 | 936.63 |
OS-V-03 62470 | 62470 | 6247 | 68717 | 53255.68 | 52293.64 | 962.04 |
OS-V-04 | 64270 | 6427 | 70697 | 54790.18 | 53800.42 | 989.76 |
OS-V-05 | 66070 | 6607 | 72677 | 56324.68 | 55307.20 | 1017.48 |
Officers Scale VI | 0 | 0 | 0 | 0.00 | 0.00 | 0.00 |
OS-VI-01 | 68680 | 7555 | 76235 | 59082.13 | 58014.84 | 1067.29 |
OS-VI-02 | 70640 | 7770 | 78410 | 60767.75 | 59670.01 | 1097.74 |
OS-VI-03 | 72600 | 7986 | 80586 | 62454.15 | 61325.95 | 1128.20 |
OS-VI-04 | 74560 | 8202 | 82762 | 64140.55 | 62981.88 | 1158.67 |
OS-VI-05 | 76520 | 8417 | 84937 | 65826.18 | 64637.06 | 1189.12 |
Officers Scale VII | 0 | 0 | 0 | 0.00 | 0.00 | 0.00 |
OS-VII-01 | 76520 | 8417 | 84937 | 65826.18 | 64637.06 | 1189.12 |
OS-VII-02 | 78640 | 8650 | 87290 | 67649.75 | 66427.69 | 1222.06 |
OS-VII-03 | 80760 | 8884 | 89644 | 69474.10 | 68219.08 | 1255.02 |
OS-VII-04 | 82880 | 9117 | 91997 | 71297.68 | 70009.72 | 1287.96 |
OS-VII-05 | 85000 | 9350 | 94350 | 73121.25 | 71800.35 | 1320.90 |
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