The percentage of Dearness Relief (DR) payable to the bank pensioners for the half year August 2018 to January 2019 will be as under.
| No of slabs | Rate per Slab | Percentage of DR payable | DA on Basic Pension (Before commutation) |
| 541 | 0.10% | 54.10% | Basic Pension × 54.10% |
| No of slabs | Rate per Slab | Percentage of DR payable | DA on Basic Pension (Before commutation) |
| 942 | 0.15% | 141.30% | Basic Pension× 141.30 % |
DA for pensioners retired on or after 1.11.2002 and up to 31.10.2007 (1079 slabs)
| No of slabs | Rate per Slab | Percentage of DR payable | DA on Basic Pension
(Before commutation) |
| 1079 | 0.18% | 194.22% | Basic Pension× 194.22 % |
Retired on or after 01.04.1998 till 31.10.2002
| Basic pension (before commutation) | DR amount on 1230 slabs |
| Up to basic pension 3550 | Basic Pension×295.20% : (@0.24% per slab) |
| Basic pension from 3551 to 5650 (2100) | 10479.60+ for the basic pension in excess of @246.00%
(@0.20% per slab) |
| Basic pension from 5651 to 6010
(360) |
15645.60 +for basic pension in excess of 5650 up to 6010 @ 147.60% (@0.12% per slab) |
| Basic pension 6011 and above | 16176.96 + for the basic pension in excess of 6010 @ 73.80% (@0.06% per slab) |
Retired on or after 1.11.92/1.7.93 up to 31.3.98 (1148 merger) 1364 slabs
| Basic pension (before commutation) |
DR Amount on 1301 slabs |
| Up to basic pension 2400 | 477.40% × basic pension (@0.35% per slab) |
| Basic pension from 2401 to 3850
(1450) |
11457.60 + from 2401 up to 3850 @ @395.56% (@0.29% /slab) |
| Basic pension from 3851 to 4100
(250) |
17193.22 + for pension in excess of 3851 up to 4100 @ 231.88%
(@0.17% per slab) |
| Basic pension 4101 and above | 17772.92 +for pension in excess of 4100 @ 122.76% (@0.09%/slab) |
Retired on or after 1.1.86 and before 1st November 1992/1st July 1993 and before 01.11.2002
(1501 slabs)
| Basic pension | DR amount on 1501 slabs@67% |
| Basic pension upto 1250 | Basic Pension + Basic Pension ×996.29%=
total pension1250+12453.62=13703.62 |
| Basic pension from 1251 to 2000 | Rs.13703.62+for the basic pension in excess of Rs.1250 @825.55% |
| Basic pension from 2001 to 2130 | Rs.19895 .24+for the basic pension in excess of Rs.2000@491.70% |
| Basic pension from 2131 above | Rs.20624.45+ for the basic pension in excess of Rs.2130 @ 253.30% |
Ex-gratia for Pre-1.1.86 retirees, 600 points DR merger in Pay (1501 slabs)@67%/slab
| Applicable CPI Average | (600 points merger) | Amount of exgratia per month | Rate of Dearness Relief | Amount of dearness relief per month | Total relief including Dearness relief |
| 6261 | Pre-1.1.86
Retirees |
350 | 1005.67% | 3519..84 | 3869.84 |
| 6261 | Spouse of
Pre-1.1.86 Retirees |
175 | 1005.67% | 1759.92 | 1934.92 |
Priority Sector lending (PSL) means bank lending to those sectors that the Government of India…
The World Bank was established in 1944 in the name of the International Bank for…
International Monetary Fund (IMF) is an important financial agency of the United Nations and an…
The SDR (Special Drawing Rights) is an international reserve asset created by the IMF as…
The World Trade Organization (WTO) is an intergovernmental organization established on January 1, 1995, replacing…
The RBI on Thursday said Gurugram-registered TalkCharge Technologies Pvt. Ltd. having its registered office at…