Dearness Allowance to Bank Officers 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 Bank Officers.

Stage	Basic Pay	Spl. Pay	Total	DA New	DA previous	Increase
Officers Scale I to VII	.	.	.	71.70%	68.10%	3.60%
1	23700	1837	25537	18310.03	17390.70	919.33
2	24680	1913	26593	19067.18	18109.83	957.35
3	25660	1989	27649	19824.33	18828.97	995.36
4	26640	2065	28705	20581.49	19548.11	1033.38
5	27620	2141	29761	21338.64	20267.24	1071.40
6	28600	2217	30817	22095.79	20986.38	1109.41
7	29580	2292	31872	22852.22	21704.83	1147.39
8	30560	2368	32928	23609.38	22423.97	1185.41
9	31705	2457	34162	24494.15	23264.32	1229.83
10	32850	2546	35396	25378.93	24104.68	1274.26
11	34160	2647	36807	26390.62	25065.57	1325.05
12	35470	2749	38219	27403.02	26027.14	1375.88
13	36780	2850	39630	28414.71	26988.03	1426.68
14	38090	2952	41042	29427.11	27949.60	1477.51
15	39400	3054	42454	30439.52	28911.17	1528.34
16	40710	3155	43865	31451.21	29872.07	1579.14
17	42020	3257	45277	32463.61	30833.64	1629.97
18	43330	3358	46688	33475.30	31794.53	1680.77
19	44640	3460	48100	34487.70	32756.10	1731.60
20	45950	3561	49511	35499.39	33716.99	1782.40
21	47260	3663	50923	36511.79	34678.56	1833.23
22	48570	3764	52334	37523.48	35639.45	1884.02
23	50030	3877	53907	38651.32	36710.67	1940.65
24	51490	3990	55480	39779.16	37781.88	1997.28
Officers Scale IV	0	0	0	0.00	0.00	0.00
OS-IV-01	50030	5003	55033	39458.66	37477.47	1981.19
OS-IV-02	51490	5149	56639	40610.16	38571.16	2039.00
OS-IV-03	52950	5295	58245	41761.67	39664.85	2096.82
OS-IV-04	54410	5441	59851	42913.17	40758.53	2154.64
OS-IV-05	55870	5587	61457	44064.67	41852.22	2212.45
OS-IV-06	57520	5752	63272	45366.02	43088.23	2277.79
OS-IV-07	59170	5917	65087	46667.38	44324.25	2343.13
Officers Scale V	0	0	0	0.00	0.00	0.00
OS-V-01	59170	5917	65087	46667.38	44324.25	2343.13
OS-V-02	60820	6082	66902	47968.73	45560.26	2408.47
OS-V-03	62470	6247	68717	49270.09	46796.28	2473.81
OS-V-04	64270	6427	70697	50689.75	48144.66	2545.09
OS-V-05	66070	6607	72677	52109.41	49493.04	2616.37
Officers Scale VI	0	0	0	0.00	0.00	0.00
OS-VI-01	68680	7555	76235	54660.50	51916.04	2744.46
OS-VI-02	70640	7770	78410	56219.97	53397.21	2822.76
OS-VI-03	72600	7986	80586	57780.16	54879.07	2901.10
OS-VI-04	74560	8202	82762	59340.35	56360.92	2979.43
OS-VI-05	76520	8417	84937	60899.83	57842.10	3057.73
Officers Scale VII	0	0	0	0.00	0.00	0.00
OS-VII-01	76520	8417	84937	60899.83	57842.10	3057.73
OS-VII-02	78640	8650	87290	62586.93	59444.49	3142.44
OS-VII-03	80760	8884	89644	64274.75	61047.56	3227.18
OS-VII-04	82880	9117	91997	65961.85	62649.96	3311.89
OS-VII-05	85000	9350	94350	67648.95	64252.35	3396.60