Bank Staff to get 68% DA from August 2019
Bank employees and officers will get 68% Dearness allowance with effect from August 2019 up to October 2019
After releasing AICPIN for the month of June 2019, the calculation of Dearness allowance to bank employees is increased to 68% effective from August 2019.
The below table describe the conversion of CPI index base year 1960 to 2001 and also slabs to be increased in future…
M/Y | April – 19 | May – 19 | June – 19 |
CPI | 312 | 314 | 316 |
Conversion | 7121.68 | 7167.33 | 7212.98 |
Average | — | — | 7167.33 |
Minus 4440 | — | — | 2727.33 |
Divided by 4 | — | — | 681.00 |
DA % | — | — | 68.10% |
Click to Expected Bank DA Calculator