Dearness Allowance payable on bank employees special pay from Nov 2021 to January 2022

AICPIN-IW for September 2021 has been released by Labour Bureau on 29.10.2021. On the basis of CPI data announced by the Labour Bureau for the period of July 2021 to September 2021, the average index number works out to 434 slabs (base 1960=100) or 30.38 % for the above period. Accordingly, for the months of November 2021 to January 2022, the eligible rates of dearness allowance payable to the Bank staff are 37 slabs or 2.59% more than the previous quarter.

DA CALCULATED ON TOTAL OF BASIC SALARY PLUS SPECIAL PAY PLUS LEARNING ALLOWANCE

DA on special pay payable to award staff  for November 2021 to November 2022
DA calculated on total of Special pay and fixed allowance
New Spl pay Fixed all New DAOld DA
Designation(B)(C )27.79%Difference
Bill collector59097208.64190.8517.79
Armed Guard. 59097208.64190.8517.79
Daftry850139300.58274.9525.63
Head Peon 1120184396.06362.2933.77
Electrician30905071092.70999.5493.16
AC technician35905891269.511161.28108.23
HeadmessengerIOB2470405873.45798.9874.46
Driver 35905891269.511161.28108.23
SWO1250205442.03404.3437.68
Head Cashier1940318686.03627.5458.49
spl.Asstt. 29204791032.58944.5588.03
Graduation/PQP00.000.000.00
After 1 year625103221.01202.1718.84
After 2 years1215199429.65393.0236.63
After 3 years 1835301648.90593.5855.32
After 4 years 2455403868.14794.1374.01
After 5 years30454991076.78984.9891.80

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