Expected Bank Dearness Allowance for Next Quarter Ended Jan 2019

Expected Bank Dearness Allowance for Next Quarter Ended Jan 2019

Expected Bank DA for Next Quarter ended Sep 2018

Expected Bank DA from November 2018 to January 2019

CPI (IW) BY 2001=100 for September 2018 = 301

After releasing the All India Consumer Price Index(IW) for the month of September 2018, Dearness Allowance payable to Bank Staff and Officers for next quarter from 1st November 2018 to 31st January 2019 almost decided to increase 607 Slabs.

The calculation worked out as per 10th BPS and given below for your information…

M/Y	JUL-2018	AUG-2018	SEP-2018
CPI(IW) BY2001=100	301	301	301
Conversion	6870.60	6870.60	6870.60
Slabs	—	—	607
DA %	—	—	60.7

Bank DA Table for Workmen and Officer from 2006

DEARNESS ALLOWANCE FOR WORKMEN AND OFFICER EMPLOYEES IN BANKS
Payable for the Year	Payable for the months	Average CPI	No. of slabs	% of pay
2018	Aug Sep Oct	6604	541	54.1
2018	May June July	6559	529	52.9
2018	Feb Mar Apr	6551	527	52.7
2017	Nov Dec Jan 18	6505	516	51.6
2017	Aug Sep Oct	6353.21	478	47.8
2017	May June July	6261.91	456	45.6
2017	Feb Mar Apr	6315	469	46.9
2016-17	Nov Dec Jan	6353	478	47.8
2016	Aug Sep Oct	6261.9	455	45.5
2016	May June July	6117	420	42
2016	Feb Mar Apr	6147	426	42.6
2015-16	Nov Dec Jan	6033	398	39.8
2015	Aug Sep Oct	5896	364	36.4
2015	May Jun Jul	5790.17	738	110.7
2015	Feb Mar Apr	5774.95	734	110.1
2014-15	Nov Dec Jan	5767	732	109.8
2014	Aug Sept Oct	5569.52	683	102.45
2014	May Jun Jul	5432.56	650	97.5
2014	Feb Mar Apr	5501.04	666	99.9
2013-14	Nov Dec Jan	5402.13	641	96.15
2013	Aug Sept Oct	5211.91	593	88.95
2013	May Jun Jul	5082.57	561	84.15
2013	Feb Mar Apr	4976.05	535	80.25
2012-13	Nov Dec Jan	4877	510	76.5
2012	Aug Sept Oct	4709	468	70.2
2012	May June Jul	4549	428	64.2
2012	Feb Mar Apr	4519	420	63
2011-12		4443	401	60.15
2011		4276	360	54
2011		4245	352	52.8
2011		4169	333	49.95
2010-11		4070	308	46.2
2010		3926	272	40.8
2010		3895.62	401	72.18
2010		3819	382	68.76
2009-10		3690	350	63
2009		3454	291	52.38
2009		3378	272	48.96
2009		3370	270	48.6
2008-09		3302	253	45.54
2008		3172	221	39.78
2008		3089	200	36
2007-08		3056	192	34.56
2007-08		3028	185	33.3
2007		2944	164	29.52
2006-07		2907.06	154	27.72
2006-07		2898.84	152	27.36
2006-07		2836	137	24.66
2006		2768	120	21.6
2006		2716.28	107	19.26
2002		2312.17	157	0
2002		2307.23	155	0
2002		2346.67	161	0
2002-2003		2391.05	174	0
2003		2386.11	178	0
2003		2400.9	177	0
2003		2450.21	188	0
2003-2004		2460.07	194	0
2004		2474.86	198	0
2004		2484.71	200	0
2004		2524.15	205	0
2004-2005		2578.38	220	0
2005		2568.53	224	0
2005		2588.25	226	0
2005		2604	79	14.22
2005-2006		2672.05	93	16.73
2006		2711.5	106	19.08