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Dearness Allowance Change for Bankers from February 2017 to April 2017

 

by

AllBankingSolutions.com Team 

 

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Now CPI for all the three months has been announced for relevant months and the same is as follows:-

 

 

Month CPI
October 2016 6345.60
November 2016 6322.77
  December 2016 6277.12

 

 

Based on the above calculations the  revised  DA is to be @ 46.90%, for the months of  February 2017 to April 2017.   [The DA for November 2016 to January 2017 was 47.80%] i.e. decrease of 0.90%. (decrease of 9 slabs)  We give below the DA for February 2017 onwards vis a vis existing DA, alongwith  the decrease in DA at various levels of scales [Remember now DA is payable on Special Allowance also as basic in the xth BPS was increased by only 2% ]:-

 

 

 

[ All the calculations are based on REVISED scales as per Xth BPS concluded in May 2015 and made effect from 1st November 2012]

 





 

 

Officers Staff :-

 

 

        Actual DA  Projected  DA  Actual  Increase 
  Officers     From November  2016 From February 2017 in DA Amt from November 2016
S No. Scale  New Basic Pay Spl Allowance 47.80% 46.90% -0.90%
      7.75% / 10% or 11%      
1 I 23700 1837 12206.69 11976.85 -229.83
2 I 24680 1913 12711.45 12472.12 -239.34
3 I 25660 1989 13216.22 12967.38 -248.84
4 I 26640 2065 13720.99 13462.65 -258.35
5 I 27620 2141 14225.76 13957.91 -267.85
6 I 28600 2217 14730.53 14453.17 -277.35
7 I 29580 2292 15234.82 14947.97 -286.85
8 I 30560 2368 15739.58 15443.23 -296.35
9 I & II 31705 2457 16329.44 16021.98 -307.46
10 I & II 32850 2546 16919.29 16600.72 -318.56
11 I & II 34160 2647 17593.75 17262.48 -331.26
12 I & II 35470 2749 18268.68 17924.71 -343.97
13 I & II 36780 2850 18943.14 18586.47 -356.67
14 I & II 38090 2952 19618.08 19248.70 -369.38
15 I & II 39400 3054 20293.01 19910.93 -382.09
16 I & II 40710 3155 20967.47 20572.69 -394.79
17 I & II & III 42020 3257 21642.41 21234.91 -407.49
18 I & II & III 43330 3358 22316.86 21896.67 -420.19
19 I & II & III 44640 3460 22991.80 22558.90 -432.90
20 I & II & III 45950 3561 23666.26 23220.66 -445.60
21 I & II & III 47260 3663 24341.19 23882.89 -458.31
22 I & II & III 48570 3764 25015.65 24544.65 -471.01
23 I & II & III 50030 3877 25767.55 25282.38 -485.16
24 I & II & III 51490 3990 26519.44 26020.12 -499.32
25 II & III 52950 4104 27271.81 26758.33 -513.49
26 II & III 54410 4217 28023.71 27496.06 -527.64
27 II & III 55870 4330 28775.60 28233.80 -541.80
28 II & III 57330 4443 29527.49 28971.54 -555.96
29 III 58790 4556 30279.39 29709.27 -570.11
30 IV 50030 5003 26305.77 25810.48 -495.30
31 IV 51490 5149 27073.44 26563.69 -509.75
32 IV 52950 5295 27841.11 27316.91 -524.21
33 IV 54410 5441 28608.78 28070.12 -538.66
34 IV 55870 5587 29376.45 28823.33 -553.11
35 IV 57330 5733 30144.11 29576.55 -567.57
36 IV 57520 5752 30244.02 29674.57 -569.45
37 IV 58790 5879 30911.78 30329.76 -582.02
38 IV 59170 5917 31111.59 30525.80 -585.78
39 IV 60820 6082 31979.16 31377.04 -602.12
40 V 59170 5917 31111.59 30525.80 -585.78
41 V 60820 6082 31979.16 31377.04 -602.12
42 V 62470 6247 32846.73 32228.27 -618.45
43 V 64270 6427 33793.17 33156.89 -636.27
44 V 66070 6607 34739.61 34085.51 -654.09
45 VI 68680 7555 36440.33 35754.22 -686.12
46 VI 70640 7770 37479.98 36774.29 -705.69
47 VI 72600 7986 38520.11 37794.83 -725.27
48 VI 74560 8202 39560.24 38815.38 -744.86
49 VI 76520 8417 40599.89 39835.45 -764.43
50 VII 76520 8417 40599.89 39835.45 -764.43
51 VII 78640 8650 41724.62 40939.01 -785.61
52 VII 80760 8884 42849.83 42043.04 -806.80
53 VII 82880 9117 43974.57 43146.59 -827.97
54 VII 85000 9350 45099.30 44250.15 -849.15

 

 

Workman Staff:

 

        Actual DA  Projected  DA  Actual  Increase 
  Workmen     From November  2016 From February 2017 in DA Amt from November 2016
S No. Scale  New Basic Pay Spl Allowance 47.80% 46.90% -0.90%
             
1 Clerk 11765 912 6059.61 5945.51 -114.09
2 Clerk 12420 963 6397.07 6276.63 -120.45
3 Clerk 13075 1013 6734.06 6607.27 -126.79
4 Clerk 13730 1064 7071.53 6938.39 -133.15
5 Clerk 14545 1127 7491.22 7350.17 -141.05
6 Clerk 15360 1190 7910.90 7761.95 -148.95
7 Clerk 16175 1254 8331.06 8174.20 -156.86
8 Clerk 17155 1330 8835.83 8669.47 -166.37
9 Clerk 18135 1405 9340.12 9164.26 -175.86
10 Clerk 19115 1481 9844.89 9659.52 -185.36
11 Clerk 20095 1557 10349.66 10154.79 -194.87
12 Clerk 21240 1646 10939.51 10733.53 -205.97
13 Clerk 22385 1735 11529.36 11312.28 -217.08
14 Clerk 23530 1824 12119.21 11891.03 -228.19
15 Clerk 24675 1912 12708.59 12469.30 -239.28
16 Clerk 25820 2001 13298.44 13048.05 -250.39
17 Clerk 26965 2090 13888.29 13626.80 -261.49
18 Clerk 28110 2179 14478.14 14205.54 -272.60
19 Clerk 30230 2343 15569.89 15276.74 -293.16
20 Clerk 31540 2444 16244.35 15938.50 -305.86
21 Clerk 32850 2546 16919.29 16600.72 -318.56
22 Clerk 34160 2647 17593.75 17262.48 -331.26
23 Clerk 35470 2749 18268.68 17924.71 -343.97
24 Clerk 36780 2850 18943.14 18586.47 -356.67
25 Clerk 38090 2952 19618.08 19248.70 -369.38
26 Clerk 39400 3054 20293.01 19910.93 -382.09
27 Clerk 40710 3155 20967.47 20572.69 -394.79
28 Clerk 42020 3257 21642.41 21234.91 -407.49
1 Sub-Staff 9565 741 4926.27 4833.51 -92.75
2 Sub-Staff 9890 766 5093.57 4997.66 -95.90
3 Sub-Staff 10215 792 5261.35 5162.28 -99.06
4 Sub-Staff 10540 817 5428.65 5326.43 -102.21
5 Sub-Staff 10865 842 5595.95 5490.58 -105.36
6 Sub-Staff 11275 874 5807.22 5697.88 -109.34
7 Sub-Staff 11685 906 6018.50 5905.18 -113.32
8 Sub-Staff 12095 937 6229.30 6112.01 -117.29
9 Sub-Staff 12505 969 6440.57 6319.31 -121.27
10 Sub-Staff 12915 1001 6651.85 6526.60 -125.24
11 Sub-Staff 13405 1039 6904.23 6774.24 -130.00
12 Sub-Staff 13895 1077 7156.62 7021.87 -134.75
13 Sub-Staff 14385 1115 7409.00 7269.50 -139.50
14 Sub-Staff 14875 1153 7661.38 7517.13 -144.25
15 Sub-Staff 15445 1197 7954.88 7805.10 -149.78
16 Sub-Staff 16015 1241 8248.37 8093.06 -155.30
17 Sub-Staff 16585 1285 8541.86 8381.03 -160.83
18 Sub-Staff 17240 1336 8879.33 8712.14 -167.18
19 Sub-Staff 17895 1387 9216.80 9043.26 -173.54
20 Sub-Staff 18550 1438 9554.26 9374.37 -179.89
21 Sub-Staff 19205 1488 9891.25 9705.02 -186.24
22 Sub-Staff 19860 1539 10228.72 10036.13 -192.59
23 Sub-Staff 20515 1590 10566.19 10367.25 -198.95
24 Sub-Staff 21170 1641 10903.66 10698.36 -205.30
25 Sub-Staff 21825 1691 11240.65 11029.00 -211.64
26 Sub-Staff 22480 1742 11578.12 11360.12 -218.00
27 Sub-Staff 23135 1793 11915.58 11691.23 -224.35
28 Sub-Staff 23790 1844 12253.05 12022.35 -230.71
    Special Pay        
Single Window Operator "B" Clerk 820   391.96 384.58 -7.38
Head Cashier II Clerk 1280   611.84 600.32 -11.52
Special Assistant Clerk 1930   922.54 905.17 -17.37
             
        0.00 0.00 0.00
Bill Collectors / Armed Guard Sub-Staff 390   186.42 182.91 -3.51
Daftary Sub-Staff 560   267.68 262.64 -5.04
Head Peon Sub-Staff 740   353.72 347.06 -6.66
Head Messenger in IOB Sub-Staff 1630   779.14 764.47 -14.67
Electrician / AC Plant Helper Sub-Staff 2040   975.12 956.76 -18.36
Driver Sub-Staff 2370   1132.86 1111.53 -21.33
             
             
Graduation Pay / PQA -after 1 year   410   195.98 192.29 -3.69
Graduation Pay / PQA -after 2 year   800   382.40 375.20 -7.20
Graduation Pay / PQA -after 3 year   1210   578.38 567.49 -10.89
Graduation Pay / PQA -after 4 year   1620   774.36 759.78 -14.58
Graduation Pay / PQA -after 5 year   2010   960.78 942.69 -18.09

 

 

As a caution readers are advised to be guided by the circular to be issued by IBA

 

 

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