Bankers' Club

DA for bank employees increased by around 1.40% for the quarter August 2020 to October 2020.

CPI data for the month of June 2020 has been released today, which has increased from 330 in May 2020 to 332 i.e., an increase of 2 points.

Based on the CPI data for the month of April, May and June 2020, DA for bankers will be 775 slabs for the next quarter i.e., 77.50%, which is an increase of 1.40%.

During previous quarter increase in DA was only 2 slabs.

DA chart for officers and workmen is given below for your ready reference:

DA Chart for Officer Staff from August 2020:

Scale	Basic	Spl Allowance	DA for May 20 -Jul 20	DA for Aug 20 – Oct 20	Increase
			76.10%	77.50%	1.40%
I	23700	1837	19,433.66	19,791.18	357.52
I	24680	1913	20,237.27	20,609.58	372.30
I	25660	1989	21,040.89	21,427.98	387.09
I	26640	2065	21,844.51	22,246.38	401.87
I	27620	2141	22,648.12	23,064.78	416.65
I	28600	2217	23,451.74	23,883.18	431.44
I	29580	2292	24,254.59	24,700.80	446.21
I	30560	2368	25,058.21	25,519.20	460.99
I & II	31705	2457	25,997.28	26,475.55	478.27
I & II	32850	2546	26,936.36	27,431.90	495.54
I & II	34160	2647	28,010.13	28,525.43	515.30
I & II	35470	2749	29,084.66	29,619.73	535.07
I & II	36780	2850	30,158.43	30,713.25	554.82
I & II	38090	2952	31,232.96	31,807.55	574.59
I & II	39400	3054	32,307.49	32,901.85	594.36
I & II	40710	3155	33,381.27	33,995.38	614.11
I & II & III	42020	3257	34,455.80	35,089.68	633.88
I & II & III	43330	3358	35,529.57	36,183.20	653.63
I & II & III	44640	3460	36,604.10	37,277.50	673.40
I & II & III	45950	3561	37,677.87	38,371.03	693.15
I & II & III	47260	3663	38,752.40	39,465.33	712.92
I & II & III	48570	3764	39,826.17	40,558.85	732.68
I & II & III	50030	3877	41,023.23	41,777.93	754.70
I & II & III	51490	3990	42,220.28	42,997.00	776.72
II & III	52950	4104	43,418.09	44,216.85	798.76
II & III	54410	4217	44,615.15	45,435.93	820.78
II & III	55870	4330	45,812.20	46,655.00	842.80
II & III	57330	4443	47,009.25	47,874.08	864.82
III	58790	4556	48,206.31	49,093.15	886.84
IV	50030	5003	41,880.11	42,650.58	770.46
IV	51490	5149	43,102.28	43,895.23	792.95
IV	52950	5295	44,324.45	45,139.88	815.43
IV	54410	5441	45,546.61	46,384.53	837.91
IV	55870	5587	46,768.78	47,629.18	860.40
IV	57330	5733	47,990.94	48,873.83	882.88
IV	57520	5752	48,149.99	49,035.80	885.81
IV	58790	5879	49,213.11	50,118.48	905.37
IV	59170	5917	49,531.21	50,442.43	911.22
IV	60820	6082	50,912.42	51,849.05	936.63
V	59170	5917	49,531.21	50,442.43	911.22
V	60820	6082	50,912.42	51,849.05	936.63
V	62470	6247	52,293.64	53,255.68	962.04
V	64270	6427	53,800.42	54,790.18	989.76
V	66070	6607	55,307.20	56,324.68	1,017.48
VI	68680	7555	58,014.84	59,082.13	1,067.29
VI	70640	7770	59,670.01	60,767.75	1,097.74
VI	72600	7986	61,325.95	62,454.15	1,128.20
VI	74560	8202	62,981.88	64,140.55	1,158.67
VI	76520	8417	64,637.06	65,826.18	1,189.12
VII	76520	8417	64,637.06	65,826.18	1,189.12
VII	78640	8650	66,427.69	67,649.75	1,222.06
VII	80760	8884	68,219.08	69,474.10	1,255.02
VII	82880	9117	70,009.72	71,297.68	1,287.96
VII	85000	9350	71,800.35	73,121.25	1,320.90

DA Chart for Workmen Staff from August 2020:

Scale	Basic	Spl Allowance	DA for May 20 -Jul 20	DA for Aug 20 – Oct 20	Increase
			76.10%	77.50%	1.40%
Clerk	11765	912	9,647.20	9,824.68	177.48
Clerk	12420	963	10,184.46	10,371.83	187.36
Clerk	13075	1013	10,720.97	10,918.20	197.23
Clerk	13730	1064	11,258.23	11,465.35	207.12
Clerk	14545	1127	11,926.39	12,145.80	219.41
Clerk	15360	1190	12,594.55	12,826.25	231.70
Clerk	16175	1254	13,263.47	13,507.48	244.01
Clerk	17155	1330	14,067.09	14,325.88	258.79
Clerk	18135	1405	14,869.94	15,143.50	273.56
Clerk	19115	1481	15,673.56	15,961.90	288.34
Clerk	20095	1557	16,477.17	16,780.30	303.13
Clerk	21240	1646	17,416.25	17,736.65	320.40
Clerk	22385	1735	18,355.32	18,693.00	337.68
Clerk	23530	1824	19,294.39	19,649.35	354.96
Clerk	24675	1912	20,232.71	20,604.93	372.22
Clerk	25820	2001	21,171.78	21,561.28	389.49
Clerk	26965	2090	22,110.86	22,517.63	406.77
Clerk	28110	2179	23,049.93	23,473.98	424.05
Clerk	30230	2343	24,788.05	25,244.08	456.02
Clerk	31540	2444	25,861.82	26,337.60	475.78
Clerk	32850	2546	26,936.36	27,431.90	495.54
Clerk	34160	2647	28,010.13	28,525.43	515.30
Clerk	35470	2749	29,084.66	29,619.73	535.07
Clerk	36780	2850	30,158.43	30,713.25	554.82
Clerk	38090	2952	31,232.96	31,807.55	574.59
Clerk	39400	3054	32,307.49	32,901.85	594.36
Clerk	40710	3155	33,381.27	33,995.38	614.11
Clerk	42020	3257	34,455.80	35,089.68	633.88
Sub-Staff	9565	741	7,842.87	7,987.15	144.28
Sub-Staff	9890	766	8,109.22	8,258.40	149.18
Sub-Staff	10215	792	8,376.33	8,530.43	154.10
Sub-Staff	10540	817	8,642.68	8,801.68	159.00
Sub-Staff	10865	842	8,909.03	9,072.93	163.90
Sub-Staff	11275	874	9,245.39	9,415.48	170.09
Sub-Staff	11685	906	9,581.75	9,758.03	176.27
Sub-Staff	12095	937	9,917.35	10,099.80	182.45
Sub-Staff	12505	969	10,253.71	10,442.35	188.64
Sub-Staff	12915	1001	10,590.08	10,784.90	194.82
Sub-Staff	13405	1039	10,991.88	11,194.10	202.22
Sub-Staff	13895	1077	11,393.69	11,603.30	209.61
Sub-Staff	14385	1115	11,795.50	12,012.50	217.00
Sub-Staff	14875	1153	12,197.31	12,421.70	224.39
Sub-Staff	15445	1197	12,664.56	12,897.55	232.99
Sub-Staff	16015	1241	13,131.82	13,373.40	241.58
Sub-Staff	16585	1285	13,599.07	13,849.25	250.18
Sub-Staff	17240	1336	14,136.34	14,396.40	260.06
Sub-Staff	17895	1387	14,673.60	14,943.55	269.95
Sub-Staff	18550	1438	15,210.87	15,490.70	279.83
Sub-Staff	19205	1488	15,747.37	16,037.08	289.70
Sub-Staff	19860	1539	16,284.64	16,584.23	299.59
Sub-Staff	20515	1590	16,821.91	17,131.38	309.47
Sub-Staff	21170	1641	17,359.17	17,678.53	319.35
Sub-Staff	21825	1691	17,895.68	18,224.90	329.22
Sub-Staff	22480	1742	18,432.94	18,772.05	339.11
Sub-Staff	23135	1793	18,970.21	19,319.20	348.99
Sub-Staff	23790	1844	19,507.47	19,866.35	358.88

We’ll update about expected DA for bank employees for next quarter November 2020 to January 2021 on release of CPI data next month.