Dearness Allowance payable to Bank officers for February- April 2024

Consumer Price Index for October 2023, November 20232, and December 2023 are respectively- 138.40, 139.10, and 138.80. It works out to (62) slabs of additional DR for the quarter from February 2024 to April 2024.
Pending amendments to wage revision, Banks may pay the Dearness Allowance payable to bank officers for the period February 2024 to April 2024 as below.

Scale I     DA
36,000 20619
37,490 21460
38,980 22301
40,470 23143
41,960 23984
43,450 24825
44,940 25667
46,430 26508
48,170 27491
49,910 28473
51,900 29597
53,890 30720
55,880 31844
57,870 32968
59,860 34091
61,850 35215
63,840 36339
65,830 37462
67,820 38586
69,810 39710
71800 40833
73790 41957
76010 43211
78230 44464
80450 45718
Scale II  
48,170 27491
49,910 28473
51,900 29597
53,890 30720
55,880 31844
57,870 32968
59,860 34091
61,850 35215
63,840 36339
65,830 37462
67,820 38586
69,810 39710
71,800 40833
73,790 41957
76,010 43211
78,230 44464
80450 45718
82670 46971
84890 48225
87110 49478
89330 50732
Scale III  
63840 36339
65830 37462
67820 38586
69810 39710
71800 40833
73790 41957
76010 43211
78230 44464
80450 45718
82670 46971
84890 48225
87110 49478
89610 50890
92110 52302
Scale IV  
76,010 43211
78,230 44464
80,450 45718
82,670 46971
84,890 48225
87,390 49636
89,890 51048
92,390 52460
95,120 54001
Scale V  
89,890 51048
92,390 52460
94,890 53871
97,620 55413
100,350 56954
103,350 58648
Scale VI  
104,240 59151
107,210 60828
110,180 62505
113,150 64182
116,120 65859
Scale VII  
119,340 67677
122,560 69495
125,780 71314
129,000 73132
Surendra Naik

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Surendra Naik

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