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DA for Bank Employees on the basis of average consumer price Index

Dearness Allowance – DA for Bank Employees on the basis of average consumer price Index for three months – Up to date DA Rate

DA for Bank Employees (Workmen and officer employees) are calculated on the basis of Consumer Price Index calculated and issued on monthly basis by Ministry of Labour and Employment. Indian Banks Association – IBA, which is the monitoring agency as far as Dearness Allowance for bank employees is concerned has published DA for Bank Employees granted from time time from the year 2006 corresponding to Consumer Price Index prevailed during this period.

Dearness Allowance for workmen and officer employees in banks

Payable for the Year Payable for the months Average CPI No. of slabs % of pay
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

Source : IBA

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