DEARNESS ALLOWANCE INCREASE FOR BANKERS FROM NOVEMBER, 2011 to January 2012
(uploaded on 31/10/2011 at 6.30 PM)
This is an old file wherein the DA wef November, 2011 was given. Now DA from February, 2012 has also been announced. In case you are looking for DA wef February, 2012, then click below or else continue to read.
Increase
of 19 Slabs in DA from February, 2012 to April, 2012 (increase
of 2.85%). Click for Details
(uploaded on 31/01/2012)
We have been projecting the DA for bank staff on many occasions. We have been on dot on number of occasions and our projections have been correct. In the month of August, 2011, we again received large number of mails, requesting us to again project DA for November 2011 to January, 2012 period. In view of the large variation in inflation rates, we were reluctant as even Government of India and RBI have failed to project the inflation rate accurately even for one week or so. Frequently they are forced to revised their projections. However, still we took the gamble and based on the available data we projected the DA from November, 2011. However, as there has been continued inflation, specially the food inflation in last few months, the CPI has shown unprecedented increase in recent years.
Now CPI has been announced for three relevant months which is as follows:-
| Month | CPI |
| July 2011 | 4405.40 |
| August 2011 | 4428.22 |
| September, 2011 | 4496.70 |
Based on the above calculations the new DA will be @ 60.15%, for the months of November, December, 2011 and January, 2012 [The DA for October 2011 is 54.00%]. We have conservatively estimated to be at 59.40%. There will be increase of 41 slabs. We give below the DA for November, 2011 onwards vis a vis existing DA, alongwith the increase in DA at various levels of scales. [As a matter of abundant caution, bankers must wait for final declaration of IBA and payments should be made as per bank circulars ] :-
Officers Staff :-
| Actual DA for | Actual DA for | Increase in DA | |||
| Officers | Aug., Sept., Oct., 2011 | Nov., Dec., 2011 Jan., 2012 | |||
| Stage | Scale | Basic Pay | 54.00% | 60.15% | 6.15% |
| DA Amount Payable | DA Amount Payable | DA Amount Payable | |||
| 1 | I,II,III | 14500 | 7830.00 | 8721.75 | 891.75 |
| 2 | I,II,III | 15100 | 8154.00 | 9082.65 | 928.65 |
| 3 | I,II,III | 15700 | 8478.00 | 9443.55 | 965.55 |
| 4 | I,II,III | 16300 | 8802.00 | 9804.45 | 1002.45 |
| 5 | I,II,III | 16900 | 9126.00 | 10165.35 | 1039.35 |
| 6 | I,II,III | 17500 | 9450.00 | 10526.25 | 1076.25 |
| 7 | I,II,III | 18100 | 9774.00 | 10887.15 | 1113.15 |
| 8 | I,II,III | 18700 | 10098.00 | 11248.05 | 1150.05 |
| 9 | I,II,III | 19400 | 10476.00 | 11669.10 | 1193.10 |
| 10 | I,II,III | 20100 | 10854.00 | 12090.15 | 1236.15 |
| 11 | I,II,III | 20900 | 11286.00 | 12571.35 | 1285.35 |
| 12 | I,II,III | 21700 | 11718.00 | 13052.55 | 1334.55 |
| 13 | I,II,III | 22500 | 12150.00 | 13533.75 | 1383.75 |
| 14 | I,II,III | 23300 | 12582.00 | 14014.95 | 1432.95 |
| 15 | I,II,III | 24100 | 13014.00 | 14496.15 | 1482.15 |
| 16 | I,II,III | 24900 | 13446.00 | 14977.35 | 1531.35 |
| 17 | I,II,III | 25700 | 13878.00 | 15458.55 | 1580.55 |
| 18 | I,II,III | 26500 | 14310.00 | 15939.75 | 1629.75 |
| 19 | I,II,III | 27300 | 14742.00 | 16420.95 | 1678.95 |
| 20 | I,II,III | 28100 | 15174.00 | 16902.15 | 1728.15 |
| 21 | I,II,III | 28900 | 15606.00 | 17383.35 | 1777.35 |
| 22 | I,II,III | 29700 | 16038.00 | 17864.55 | 1826.55 |
| 23 | I,II,III | 30600 | 16524.00 | 18405.90 | 1881.90 |
| 24 | I,II,III | 31500 | 17010.00 | 18947.25 | 1937.25 |
| 25 | I,II,III | 32400 | 17496.00 | 19488.60 | 1992.60 |
| 26 | I,II,III | 33300 | 17982.00 | 20029.95 | 2047.95 |
| 27 | I,II,III | 34200 | 18468.00 | 20571.30 | 2103.30 |
| 28 | I,II,III | 35100 | 18954.00 | 21112.65 | 2158.65 |
| 1 | IV | 30600 | 16524.00 | 18405.90 | 1881.90 |
| 2 | IV | 31500 | 17010.00 | 18947.25 | 1937.25 |
| 3 | IV | 32400 | 17496.00 | 19488.60 | 1992.60 |
| 4 | IV | 33300 | 17982.00 | 20029.95 | 2047.95 |
| 5 | IV | 34200 | 18468.00 | 20571.30 | 2103.30 |
| 6 | IV | 35200 | 19008.00 | 21172.80 | 2164.80 |
| 7 | IV | 36200 | 19548.00 | 21774.30 | 2226.30 |
| 1 | V | 36200 | 19548.00 | 21774.30 | 2226.30 |
| 2 | V | 37200 | 20088.00 | 22375.80 | 2287.80 |
| 3 | V | 38200 | 20628.00 | 22977.30 | 2349.30 |
| 4 | V | 39300 | 21222.00 | 23638.95 | 2416.95 |
| 5 | V | 40400 | 21816.00 | 24300.60 | 2484.60 |
| 1 | VI | 42000 | 22680.00 | 25263.00 | 2583.00 |
| 2 | VI | 43200 | 23328.00 | 25984.80 | 2656.80 |
| 3 | VI | 44400 | 23976.00 | 26706.60 | 2730.60 |
| 4 | VI | 45600 | 24624.00 | 27428.40 | 2804.40 |
| 5 | VI | 46800 | 25272.00 | 28150.20 | 2878.20 |
| 1 | VII | 46800 | 25272.00 | 28150.20 | 2878.20 |
| 2 | VII | 48100 | 25974.00 | 28932.15 | 2958.15 |
| 3 | VII | 49400 | 26676.00 | 29714.10 | 3038.10 |
| 4 | VII | 50700 | 27378.00 | 30496.05 | 3118.05 |
| 5 | VII | 52000 | 28080.00 | 31278.00 | 3198.00 |
Workman Staff:
| Actual DA for | Actual DA for | Increase in DA | |||
| Aug., Sept., Oct., 2011 | Nov., Dec., 2011 Jan., 2012 | ||||
| Stage | Post | Basic Pay | 54.00% | 60.15% | 6.15% |
| DA Amount Payable | DA Amount Payable | DA Amount Payable | |||
| 1 | Clerk | 7200 | 3888.00 | 4330.80 | 442.80 |
| 2 | Clerk | 7600 | 4104.00 | 4571.40 | 467.40 |
| 3 | Clerk | 8000 | 4320.00 | 4812.00 | 492.00 |
| 4 | Clerk | 8400 | 4536.00 | 5052.60 | 516.60 |
| 5 | Clerk | 8900 | 4806.00 | 5353.35 | 547.35 |
| 6 | Clerk | 9400 | 5076.00 | 5654.10 | 578.10 |
| 7 | Clerk | 9900 | 5346.00 | 5954.85 | 608.85 |
| 8 | Clerk | 10500 | 5670.00 | 6315.75 | 645.75 |
| 9 | Clerk | 11100 | 5994.00 | 6676.65 | 682.65 |
| 10 | Clerk | 11700 | 6318.00 | 7037.55 | 719.55 |
| 11 | Clerk | 12300 | 6642.00 | 7398.45 | 756.45 |
| 12 | Clerk | 13000 | 7020.00 | 7819.50 | 799.50 |
| 13 | Clerk | 13700 | 7398.00 | 8240.55 | 842.55 |
| 14 | Clerk | 14400 | 7776.00 | 8661.60 | 885.60 |
| 15 | Clerk | 15100 | 8154.00 | 9082.65 | 928.65 |
| 16 | Clerk | 15800 | 8532.00 | 9503.70 | 971.70 |
| 17 | Clerk | 16500 | 8910.00 | 9924.75 | 1014.75 |
| 18 | Clerk | 17200 | 9288.00 | 10345.80 | 1057.80 |
| 19 | Clerk | 18500 | 9990.00 | 11127.75 | 1137.75 |
| 20 | Clerk | 19300 | 10422.00 | 11608.95 | 1186.95 |
| 21 | Clerk | 20100 | 10854.00 | 12090.15 | 1236.15 |
| 22 | Clerk | 20900 | 11286.00 | 12571.35 | 1285.35 |
| 23 | Clerk | 21700 | 11718.00 | 13052.55 | 1334.55 |
| 24 | Clerk | 22500 | 12150.00 | 13533.75 | 1383.75 |
| 25 | Clerk | 23300 | 12582.00 | 14014.95 | 1432.95 |
| 26 | Clerk | 24100 | 13014.00 | 14496.15 | 1482.15 |
| 27 | Clerk | 24900 | 13446.00 | 14977.35 | 1531.35 |
| 1 | Sub-Staff | 5850 | 3159.00 | 3518.78 | 359.78 |
| 2 | Sub-Staff | 6050 | 3267.00 | 3639.08 | 372.08 |
| 3 | Sub-Staff | 6250 | 3375.00 | 3759.38 | 384.38 |
| 4 | Sub-Staff | 6450 | 3483.00 | 3879.68 | 396.68 |
| 5 | Sub-Staff | 6650 | 3591.00 | 3999.98 | 408.98 |
| 6 | Sub-Staff | 6900 | 3726.00 | 4150.35 | 424.35 |
| 7 | Sub-Staff | 7150 | 3861.00 | 4300.73 | 439.73 |
| 8 | Sub-Staff | 7400 | 3996.00 | 4451.10 | 455.10 |
| 9 | Sub-Staff | 7650 | 4131.00 | 4601.48 | 470.48 |
| 10 | Sub-Staff | 7900 | 4266.00 | 4751.85 | 485.85 |
| 11 | Sub-Staff | 8200 | 4428.00 | 4932.30 | 504.30 |
| 12 | Sub-Staff | 8500 | 4590.00 | 5112.75 | 522.75 |
| 13 | Sub-Staff | 8800 | 4752.00 | 5293.20 | 541.20 |
| 14 | Sub-Staff | 9100 | 4914.00 | 5473.65 | 559.65 |
| 15 | Sub-Staff | 9450 | 5103.00 | 5684.18 | 581.18 |
| 16 | Sub-Staff | 9800 | 5292.00 | 5894.70 | 602.70 |
| 17 | Sub-Staff | 10150 | 5481.00 | 6105.23 | 624.23 |
| 18 | Sub-Staff | 10550 | 5697.00 | 6345.83 | 648.83 |
| 19 | Sub-Staff | 10950 | 5913.00 | 6586.43 | 673.43 |
| 20 | Sub-Staff | 11350 | 6129.00 | 6827.03 | 698.03 |
| 21 | Sub-Staff | 11750 | 6345.00 | 7067.63 | 722.63 |
| 22 | Sub-Staff | 12150 | 6561.00 | 7308.23 | 747.23 |
| 23 | Sub-Staff | 12550 | 6777.00 | 7548.83 | 771.83 |
| 24 | Sub-Staff | 12950 | 6993.00 | 7789.43 | 796.42 |
| 25 | Sub-Staff | 13350 | 7209.00 | 8030.03 | 821.03 |
| 26 | Sub-Staff | 13750 | 7425.00 | 8270.63 | 845.62 |
| 27 | Sub-Staff | 14150 | 7641.00 | 8511.23 | 870.22 |
| Special Pay for Clerical & SubStaff | |||||
| CTO-B (with passing powers)/SWO | 500 | 270.00 | 300.75 | 30.75 | |
| Head Cashier II | 780 | 421.20 | 469.17 | 47.97 | |
| Special Assistant | 1180 | 637.20 | 709.77 | 72.57 | |
| All other existing Spl Pay holders | 500 | 270.00 | 300.75 | 30.75 | |
| 0.00 | 0.00 | 0.00 | |||
| Bill Collectors / Armed Guard | 240 | 129.60 | 144.36 | 14.76 | |
| Daftary | 340 | 183.60 | 204.51 | 20.91 | |
| Head Peon | 4550 | 2457.00 | 2736.83 | 279.83 | |
| Head Messenger in IOB | 1000 | 540.00 | 601.50 | 61.50 | |
| Electrician / AC Plant Helper | 1250 | 675.00 | 751.88 | 76.88 | |
| Driver | 1450 | 783.00 | 872.18 | 89.18 | |
| All other existing spl pay holders (substaff) | 350 | 189.00 | 210.53 | 21.53 | |
| 0.00 | 0.00 | 0.00 | |||
| Graduation Pay / PQA -after 1 year | 250 | 135.00 | 150.38 | 15.38 | |
| Graduation Pay / PQA -after 2 year | 490 | 264.60 | 294.74 | 30.14 | |
| Graduation Pay / PQA -after 3 year | 740 | 399.60 | 445.11 | 45.51 | |
| Graduation Pay / PQA -after 4 year | 990 | 534.60 | 595.49 | 60.89 | |
| Graduation Pay / PQA -after 5 year | 1230 | 664.20 | 739.85 | 75.65 |
[As a matter of abundant caution, bankers must wait for final declaration of IBA and payments should be made as per bank circulars ]