DA chart for bank sub-staff 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 of sub-staff for the quarter of August 2020 to October 2020 is provided below.

				Revised	Old	increase
Stage	Basic	Spl.All.	Total	77.50%	76.10%	1.40%
1	9560	741	10301	7983.28	7839.06	144.21
2	9885	761	10646	8250.65	8101.61	149.04
3	10210	791	11001	8525.78	8371.76	154.01
4	10535	816	11351	8797.03	8638.11	158.91
5	10860	842	11702	9069.05	8905.22	163.83
6	11270	873	12143	9410.83	9240.82	170.00
7	11680	905	12585	9753.38	9577.19	176.19
8	12090	937	13027	10095.93	9913.55	182.38
9	12500	969	13469	10438.48	10249.91	188.57
10	12910	1001	13911	10781.03	10586.27	194.75
11	13400	1039	14439	11190.23	10988.08	202.15
12	13890	1076	14966	11598.65	11389.13	209.52
13	14380	1114	15494	12007.85	11790.93	216.92
14	14870	1152	16022	12417.05	12192.74	224.31
15	15440	1197	16637	12893.68	12660.76	232.92
16	16010	1241	17251	13369.53	13128.01	241.51
17	16580	1285	17865	13845.38	13595.27	250.11
18	17235	1336	18571	14392.53	14132.53	259.99
19	17890	1386	19276	14938.90	14669.04	269.86
20	18545	1437	19982	15486.05	15206.30	279.75
21	19200	1488	20688	16033.20	15743.57	289.63
22	19855	1539	21394	16580.35	16280.83	299.52
23	20510	1590	22100	17127.50	16818.10	309.40
24	21165	1640	22805	17673.88	17354.61	319.27
25	21820	1691	23511	18221.03	17891.87	329.15
26	22475	1742	24217	18768.18	18429.14	339.04
27	23130	1793	24923	19315.33	18966.40	348.92
28	23785	1843	25628	19861.70	19502.91	358.79

DA chart for bank sub-staff from August to October 2020

Author: Surendra Naik

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