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Bank DA from Nov 2020 to Jan 2021

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Bank DA from Nov 2020 to Jan 2021

DA for Bankers from November 2020 to January 2021

DA Bank ( Dearness Allownce As per IBA circular)  for workmen and officer Employees in banks for the month of Nov, Dec 2020 and Jan 2021 has been decided.

On the basis of CPI data All india average CPI (consumer price index) for the months of July to sept 2020 (Sept new index ).

D.A. Rates @ 0.10% per slab for 818 Slabs over 4440 points for all cadre/stages: 81.80 %

Total 818 slabs DA on basic and special allowances for the bank staff. The last quarterly payment of DA was at 775 Slabs.

Hence there is an increase in DA slabs of 43 slabs. (DA increase 4.3%)

That Means for the period of  November 2020 to January 2021, Bank staff is eligible for 81.8% DA which means 43 slabs (4.3%) increase over the previous quarter.

DA for bank Employees Nov 2020 to Jan 2021.

The rate of Dearness Allowance payable to staff and officers for the months of Nov, Dec 2020 and January 2021 shall be 81.8 % of ‘Basic pay’.

While arriving at dearness allowance payable, decimals from third place may please be ignored.

Bank DA ( Dearness Allowance )

bank-da-from-Nov-2020-to-Jan-2021

Bank DA for the period of Nov 2020 to Jan 2021, Bank staff is eligible for 81.8% DA which means 43 slabs (4.3%) increase DA for bank Employees Nov 2020 to Jan 2021

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