Categories: Bank Staff

DA chart of bank employees on special allowance for the quarter May-July 2020

On the basis of CPI data announced by the Labour Bureau for the period of January 2020 to March 2020, the average index number works out to 7486 (base 1960=100) or 761slabs(76.10%) for the above period. It means bank employees and officers are entitled to an increase of 2slabs (0.20%) for the ensuing quarter of May 2020 to July 2020.

Dearness allowance (DA) chart on the special allowance for the quarter of May 2020 to July 2020 is provided below.

      New   old DAincrease
DesignationFixed PayFixed All.         Total76.10%75.90%4.20%
Bill collector39031421320.38319.540.84
Armed Gurd. 39031421320.38319.540.84
Daftry56043603458.88457.681.21
Head Peon 74057797606.52604.921.59
Electrician204015821981672.681668.284.40
AC technician204015821981672.681668.284.40
Driver 237018425541943.591938.495.11
SWO82064884672.72670.961.77
Head Cashier12809913791049.421046.662.76
spl.Asstt. 193015020801582.881578.724.16
Graduation/PQP00.000.000.00
After 1 year41032442336.36335.480.88
After 2 years80062862655.98654.261.72
After 3 years 1210941304992.34989.742.61
After 4 years 162012517451327.951324.463.49
After 5 years201015621661648.331643.994.33
Surendra Naik

Share
Published by
Surendra Naik

Recent Posts

Explained: Disclosures Prescribed by RBI under Basel-III

The Basel Committee on Banking Supervision (BCBS) is the primary global standard setter for the…

8 hours ago

Disclosure requirement of Banks Listed on a Stock Exchange

In terms of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations,…

10 hours ago

Understanding Comments on Profit and Loss Account Items

Many methods and techniques are used in the analysis of financial statements including profit and…

1 day ago

Uttar Pradesh State General Holidays 2025

The Government of Uttar Pradesh vide order No.  870/3-2024-39(2)/2016 dated 17.12.2025 declared following days as…

2 days ago

Disclosure Requirements of Banks to Notes to Accounts,

Financial statement disclosures are non-financial information that appears at the end of a financial statement.…

2 days ago

‘Digital Arrest’ Scam: NPCI alerts UPI users

NPCI warns users about the rising 'Digital Arrest' scam targeting UPI users, in which scammers…

3 days ago