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Expected DA for Bank Employees : AICPIN for September 2015 increased by 2 points

Expected DA for Bank Employees : AICPIN for September 2015 increased by 2 points

After releasing the AICPIN for the month of September 2015 today by Labour Bureau, the ‘Expected DA for Bank Employees’ will also increase by 34 Slabs for the month of November to January 2016 quarter.

Month/Year Slabs AICPIN Increased Slab
July 2015 263  (6003.21)
August  2015 264  (6026.04)
September 2015 266  (6071.69)
34 Slabs 3.4% 39.80%

DA Calculation given below :

Basic Pay + Special Allowance + Special Pay + PQP

All the bank employees and officers likely to payable for the next quarter from Novermber to January 2016 at the rate of 39.80%. It is increased by 3.40% from the existing level of 36.40%.

The authentic orders are expected soon published by IBA.

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