The average index number for October 2019 2019 to December 2019 works out to 7479. Therefore Bank Pensioners would get 78 slabs to increase as dearness relief for the half-year February 2020 to July 2020. The following chart shows the rate of dearness relief applicable to bank pensioners who have retired on various dates.
- Retired on or after 1.11.2012 7479-4400 (759 slabs)
| No of slabs | Rate per Slab @ | Percentage of DR payable | DR on Basic Pension (Before commutation) |
| 759 | 0.10 | 75.90% | Basic Pension × 75.90% |
- Retired on or after 1.11.2007 up to 31.10.2012: Average index Average index 7479-2836 points merger (1162 slabs)
| No of slabs | Rate per Slab | Percentage of DR payable | DR on Basic Pension (Before commutation) |
| 1162 | 0.15 | 174.30% | Basic Pension× 174.30 % |
- Retired on or after 1.11.2002 and up to 31.10.2007 Average index 7479- 2288 points merger (1297 slabs)
| No of slabs | Rate per Slab | Percentage of DR payable | DR on Basic Pension (Before commutation) |
| 1297 | 0.18 | 233.46% | Basic Pension× 233.46 % |
- Retired on or after 01.04.1998 till 31.10.2002 Average index number7479-(1685 merger): (5794/4= 1448 slabs)
Average index 7479-1685 points (1448 Slabs)
Basic pension up to 3550= 1448x24 %=( 347.52%), 3551 to 5650= 1448x 20 %=( 289.60%),
5651 to 6010= 1448 x 12 %=( 173.76 % of basic pension),
6011 and above 1448×6 %=( 86.88 % of basic pension)
| Basic pension (before commutation) | DR amount |
| Up to basic pension 3550 | Basic Pension×347.52 % i.e. DR on basic pension for 3550= 12336.96 |
| Basic pension from 3551 to 5650 (2100) | 12336.96 + for the basic pension in excess of @289.60 % i.e. DR on basic pension for 5650= 12336.96+6081.60=18418.56 |
| Basic pension from 5651 to 6010 (360) | 18418.56 +for basic pension in excess of 5650 up to 6010 @ 173.76% i.e. DR on basic pension for 6010=18418.56+625.53=19044.09 |
| Basic pension 6011 and above | 19044.09 + for the basic pension in excess of 6010 @ 86.88% |
- Retired on or after 1.11.92 up to 31.3.98 (7479-1148 merger) 6331/4 No. of slabs 1582
DA on basic pension up to 2400= 1582×35 %=( 553.70% × basic pension)
+ From 2401 to Rs.3850 @ 1582×29% = (458.78 % × basic pension)
+ From 3851 to 4100 @ 1582×17%= (217.26% × basic pension)
+ above 4100 @ 1278×9% = 115.02% × basic pension]
Retired on or after 1.11.92/1.7.93 up to 31.3.98 Average index 7479-1148=6301/4= 1575 slabs
| Basic pension (before commutation) | DR Amount |
| Up to basic pension 2400 | basic pension×553.70 i.e. DR for 2400 basic = 13288.80 |
| Basic pension from 2401 to 3850 (1450) | + 1582×29%=458.78% i.e. DR for 3850 basic 13288.80 =13288.80+6652.31=19941.10 |
| Basic pension from 3851 to 4100 (250) | 1582×17%=268.94% DR for 4100 basic= 19941.10+672.35=20613.45 |
| Basic pension 4101 and above | 1582×9%= 142.38% i.e. = 20613.45+142.38% on basic pension above 4101 |
- Retired on or after 1.1.86 and before 1st November 1992/1st July 1993 and before 01.11.2002
Average index number 7479 (1719 slabs) 600 points merger 7479-600= 6879/4=1719 slabs
| Basic pension | DR amount on 1638 slabs |
| Basic pension up to 1250 | Basic pension×1151.73%,i.e. DR for basic pension 1250=14396.62 |
| Basic pension from 1251 to 2000 (750) | 14396.62+ (Basic Pension × 945.45%), i.e. DR for basic pension 2000=14396.62+7090.87=21487.49 |
| Basic pension from 2001 to 2130 (130) | 21487.49+Basic Pension×540.54%, i.e. DR for basic pension 2130=21487.49+567.27=22054.76 |
| Basic pension from 2131 above | Rs.22054.76+ for the basic pension in excess of Rs.2130 @ 292.23% |
