Calculation of Dearness Allowance (D.A.) for Workmen and Officer, Employees in Banks from February to April 2021 as per the 10th Bipartite Settlement is given below:
Bank Dearness Allowance Calculation Table 2021
The Index Numbers for the quarter ended December 2020 are as under:
| Oct 2020 | 119.5 | 4.63 X 4.93X2.88 | 7855.74 |
| Nov 2020 | 119.9 | 4.63 X 4.93X2.88 | 7882.06 |
| Dec 2020 | 118.8 | 4.63 X 4.93 X 2.88 | 7809.74 |
| Total | 23547.54 | ||
| Average | 23547.54 Divided by 3 | 7849.18 | |
| Rounded off | 7849 |
Bank DA Sheet 2021
| Difference in excess of 6352 points | 1497 |
| Number of slabs | 374 |
| D.A. paid for the previous quarter on slabs | 341 |
| Difference | 33 |
Accordingly, Dearness Allowance is payable to Officers on 374 (i.e.341 +33) slabs with effect from 01-02-2021 as against 341 slabs for the previous quarter. The rates of Dearness Allowance at various stages of basic pay are furnished overleaf. The rates worked out are as per the industry level scales up to Scale VII including SBI. Please note that DA of Rs.13.86 is to be added at every stage (difference amount of increase on Learning allowance).
