Expected Dearness Allowance Calculator for Bank Employees and Officers from August 2020
Here is the simple tool provides to calculate the Dearness Allowance in advance for Bank employees from August 2020.
DA Calculation Table for May, June and July 2020
| Month / Year | January 2020 | February 2020 | March 2020 |
| AICPIN | 330 | 328 | 326 |
| Conversion | 7532.55 | 7486.90 | 7441.24 |
| Average | — | — | 7486.90 |
| Minus 4440 | — | — | 3046.9 |
| Divided by 4 | — | — | 761.00 |
| DA % | — | — | 76.1 % |
Expected DA from August 2020 Calculation Table
| Month / Year | April 2020 | May 2020 | June 2020 |
| AICPIN | 329 | 330 | 332 |
| Conversion | 7509.72 | 7532.55 | 7578.20 |
| Average | — | — | 7540.16 |
| Minus 4440 | — | — | 3100.16 |
| Divided by 4 | — | — | 775.00 |
| DA % | — | — | 77.50% |
Click to view the Bank DA Rates Table
DA for Bank Employees from August to October 2020
After releasing the press release of AICPIN for the month of June 2020, the CPI is increased by two points from its existing level and has remained at 332. Accordingly, the calculation of Dearness Allowance (DA) for bank employees and officers for the months of August, September, and October 2020 will be increased by 14 slabs. [Click to read more]
Good News! DA Hike For Bank Employees for August to October 2020
Expected DA for bank employees from August 2020 is come to an end!
As per 10th Bipartite Settlement, the DA (Dearness Allowance) for band employees and Officers for the months of August, September & October 2020 is increased to 77.50%. The official order is reproduced and given below for your further reference. [Click to read more]