Categories: Bank Staff

Dearness allowance on the special allowance of Bank employees from NOV. 2019

On the basis of CPI data announced by the Labour Bureau for the months of July to September 2019, the average index number works out to 7311 (base 1960=100). It means 717 slabs DA on basic and special allowances for the bank staff. In other words, for the period of November 2019 to February 2020, Bank staff is eligible for 71.70% DA which means 36 slabs
(3.6%) increase over the previous quarter. The following chart shows the rate of dearness relief applicable to a special allowance

New Od DA.
DesignationFixed
Pay
Fixed
All.
Total71.70%68.10%3.60%
Bill collector39031421301.86286.7015.16
Armed Gurd. 39031421301.86286.7015.16
Daftry56043603432.35410.6421.71
Head Peon 74057797571.45542.7628.69
Electrician204015821981575.971496.8479.13
AC technician204015821981575.971496.8479.13
Driver 237018425541831.221739.2791.94
SWO82064884633.83602.0031.82
Head Cashier1280991379988.74939.1049.64
spl.Asstt. 193015020801491.361416.4874.88
Graduation/PQP00.000.000.00
After 1 year41032442316.91301.0015.91
After 2 years80062862618.05587.0231.03
After 3 years 1210941304934.97888.0246.94
After 4 years 162012517451251.171188.3562.82
After 5 years201015621661553.021475.0577.98

Surendra Naik

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Surendra Naik

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