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Expected DA for Bankers from Aug 2015 – Pensioners to get 31 slabs hike

Last Modified: August 3, 2015

Expected DA for Bankers from Aug 2015 – Pensioners to get 31 slabs hike

Bank D.A. to increase 27 slabs from Aug’15, Pensioners to get 31 slabs hike

All India Consumer Price Index Numbers (AICPIN)for Industrial workers(IW) Base 2001=100 for the month of JUNE’15 which stood at 261 points with an increase of 3 points while compared to MAY’15 figure.

Consequent upon the merger of CPI at 4440 points with Basic Pay under 10th BPS/7th JN, serving employees new DA formula came into effect from 1.11.2012.( with DA factor @0.10 for every rise/fall of 4 points on CPI (IW) Base 1960=100)

As such the confirmed All India average CPIN for the quarter ended June’15 are as follows:

Base 2001=100 1960=100

April 256  5843.43
May 258  5889.08
June 261  5957.66
Average  CPI 5896

Accordingly there will be 27 slabs increase in DA payable to workmen/Officers for the next quarter ie. Aug,Sept & Oct ’15 with 364 slabs at 36.40 % DA rate.

31 SLABS INCREASE IN DA FOR BANK PENSIONERS W.E.F NEXT HALF YEAR – AUG’15 TO JAN’16.

For official confirmation kindly wait for IBA circular which may be released shortly.

News Courtesy : Mr Mohan P

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  • May 2015 AICPIN to be announced today – Expected DA July 2015’ to be finalized
  • Dearness Relief for Bank Pensioners from August 2015 to January 2016
  • Bank Employees DA – Orders issued for May, June and July 2015 by IBA
  • DA for Bank Employees – IBA Circular issued on 3.8.2015 for Aug, Sep & Oct 2015
  • Expected DA July 2015 – AICPIN for the month of April 2015
  • Expected DA on 1.1.2016 is Over – Ends with 6% Hike at 125%
  • AICPIN for Feb 2015 – Labour Bureau Publishes today
  • August 3, 2015 Tagged With: Bank Employees News, Expected DA, Expected DA Calculator, Expected DA for Bankers Filed Under: Bank DA Orders, Bank Employees News, Expected DA, Expected DA from July 2015

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