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Expected Bank DA for Next Quarter Ended Jan 2019

Last Modified: November 1, 2018

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%

 

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