Update 31 January 2020: DA for bank employees increased by 4.20% for the quarter February 2020 to April 2020.

Good News for bankers amid the deadlock on salary increase under 11th bipartite settlement, which is pending since November 2012. And the good news is that Dearness Allowance for bankers has increased by 420 slabs or say 4.20% for the next quarter.

CPI data for the month of December 2019 has been released, which is 330, i.e., 2 points increase from November 2019.

Based on the CPI data for previous quarter Oct-Dec 19, DA for the quarter February 2020 to April 2020 will be 75.90%, up from 71.70% during current quarter.

Read: How to pass JAIIB in first attempt

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

Officers

Scale	Basic	Spl Allowance	DA for Nov 19 – Jan 20	DA for Feb 20 – Apr 20	Increase
			71.70%	75.90%	4.20%
I	23700	1837	18,310.03	19,382.58	1,072.55
I	24680	1913	19,067.18	20,184.09	1,116.91
I	25660	1989	19,824.33	20,985.59	1,161.26
I	26640	2065	20,581.49	21,787.10	1,205.61
I	27620	2141	21,338.64	22,588.60	1,249.96
I	28600	2217	22,095.79	23,390.10	1,294.31
I	29580	2292	22,852.22	24,190.85	1,338.62
I	30560	2368	23,609.38	24,992.35	1,382.98
I & II	31705	2457	24,494.15	25,928.96	1,434.80
I & II	32850	2546	25,378.93	26,865.56	1,486.63
I & II	34160	2647	26,390.62	27,936.51	1,545.89
I & II	35470	2749	27,403.02	29,008.22	1,605.20
I & II	36780	2850	28,414.71	30,079.17	1,664.46
I & II	38090	2952	29,427.11	31,150.88	1,723.76
I & II	39400	3054	30,439.52	32,222.59	1,783.07
I & II	40710	3155	31,451.21	33,293.54	1,842.33
I & II & III	42020	3257	32,463.61	34,365.24	1,901.63
I & II & III	43330	3358	33,475.30	35,436.19	1,960.90
I & II & III	44640	3460	34,487.70	36,507.90	2,020.20
I & II & III	45950	3561	35,499.39	37,578.85	2,079.46
I & II & III	47260	3663	36,511.79	38,650.56	2,138.77
I & II & III	48570	3764	37,523.48	39,721.51	2,198.03
I & II & III	50030	3877	38,651.32	40,915.41	2,264.09
I & II & III	51490	3990	39,779.16	42,109.32	2,330.16
II & III	52950	4104	40,907.72	43,303.99	2,396.27
II & III	54410	4217	42,035.56	44,497.89	2,462.33
II & III	55870	4330	43,163.40	45,691.80	2,528.40
II & III	57330	4443	44,291.24	46,885.71	2,594.47
III	58790	4556	45,419.08	48,079.61	2,660.53
IV	50030	5003	39,458.66	41,770.05	2,311.39
IV	51490	5149	40,610.16	42,989.00	2,378.84
IV	52950	5295	41,761.67	44,207.96	2,446.29
IV	54410	5441	42,913.17	45,426.91	2,513.74
IV	55870	5587	44,064.67	46,645.86	2,581.19
IV	57330	5733	45,216.17	47,864.82	2,648.65
IV	57520	5752	45,366.02	48,023.45	2,657.42
IV	58790	5879	46,367.67	49,083.77	2,716.10
IV	59170	5917	46,667.38	49,401.03	2,733.65
IV	60820	6082	47,968.73	50,778.62	2,809.88
V	59170	5917	46,667.38	49,401.03	2,733.65
V	60820	6082	47,968.73	50,778.62	2,809.88
V	62470	6247	49,270.09	52,156.20	2,886.11
V	64270	6427	50,689.75	53,659.02	2,969.27
V	66070	6607	52,109.41	55,161.84	3,052.43
VI	68680	7555	54,660.50	57,862.37	3,201.87
VI	70640	7770	56,219.97	59,513.19	3,293.22
VI	72600	7986	57,780.16	61,164.77	3,384.61
VI	74560	8202	59,340.35	62,816.36	3,476.00
VI	76520	8417	60,899.83	64,467.18	3,567.35
VII	76520	8417	60,899.83	64,467.18	3,567.35
VII	78640	8650	62,586.93	66,253.11	3,666.18
VII	80760	8884	64,274.75	68,039.80	3,765.05
VII	82880	9117	65,961.85	69,825.72	3,863.87
VII	85000	9350	67,648.95	71,611.65	3,962.70

Workmen

Scale	Basic	Spl Allowance	DA for Nov 19 – Jan 20	DA for Feb 20 – Apr 20	Increase
			71.70%	75.90%	4.20%
Clerk	11765	912	9,089.41	9,621.84	532.43
Clerk	12420	963	9,595.61	10,157.70	562.09
Clerk	13075	1013	10,101.10	10,692.79	591.70
Clerk	13730	1064	10,607.30	11,228.65	621.35
Clerk	14545	1127	11,236.82	11,895.05	658.22
Clerk	15360	1190	11,866.35	12,561.45	695.10
Clerk	16175	1254	12,496.59	13,228.61	732.02
Clerk	17155	1330	13,253.75	14,030.12	776.37
Clerk	18135	1405	14,010.18	14,830.86	820.68
Clerk	19115	1481	14,767.33	15,632.36	865.03
Clerk	20095	1557	15,524.48	16,433.87	909.38
Clerk	21240	1646	16,409.26	17,370.47	961.21
Clerk	22385	1735	17,294.04	18,307.08	1,013.04
Clerk	23530	1824	18,178.82	19,243.69	1,064.87
Clerk	24675	1912	19,062.88	20,179.53	1,116.65
Clerk	25820	2001	19,947.66	21,116.14	1,168.48
Clerk	26965	2090	20,832.44	22,052.75	1,220.31
Clerk	28110	2179	21,717.21	22,989.35	1,272.14
Clerk	30230	2343	23,354.84	24,722.91	1,368.07
Clerk	31540	2444	24,366.53	25,793.86	1,427.33
Clerk	32850	2546	25,378.93	26,865.56	1,486.63
Clerk	34160	2647	26,390.62	27,936.51	1,545.89
Clerk	35470	2749	27,403.02	29,008.22	1,605.20
Clerk	36780	2850	28,414.71	30,079.17	1,664.46
Clerk	38090	2952	29,427.11	31,150.88	1,723.76
Clerk	39400	3054	30,439.52	32,222.59	1,783.07
Clerk	40710	3155	31,451.21	33,293.54	1,842.33
Clerk	42020	3257	32,463.61	34,365.24	1,901.63
Sub-Staff	9565	741	7,389.40	7,822.25	432.85
Sub-Staff	9890	766	7,640.35	8,087.90	447.55
Sub-Staff	10215	792	7,892.02	8,354.31	462.29
Sub-Staff	10540	817	8,142.97	8,619.96	476.99
Sub-Staff	10865	842	8,393.92	8,885.61	491.69
Sub-Staff	11275	874	8,710.83	9,221.09	510.26
Sub-Staff	11685	906	9,027.75	9,556.57	528.82
Sub-Staff	12095	937	9,343.94	9,891.29	547.34
Sub-Staff	12505	969	9,660.86	10,226.77	565.91
Sub-Staff	12915	1001	9,977.77	10,562.24	584.47
Sub-Staff	13405	1039	10,356.35	10,963.00	606.65
Sub-Staff	13895	1077	10,734.92	11,363.75	628.82
Sub-Staff	14385	1115	11,113.50	11,764.50	651.00
Sub-Staff	14875	1153	11,492.08	12,165.25	673.18
Sub-Staff	15445	1197	11,932.31	12,631.28	698.96
Sub-Staff	16015	1241	12,372.55	13,097.30	724.75
Sub-Staff	16585	1285	12,812.79	13,563.33	750.54
Sub-Staff	17240	1336	13,318.99	14,099.18	780.19
Sub-Staff	17895	1387	13,825.19	14,635.04	809.84
Sub-Staff	18550	1438	14,331.40	15,170.89	839.50
Sub-Staff	19205	1488	14,836.88	15,705.99	869.11
Sub-Staff	19860	1539	15,343.08	16,241.84	898.76
Sub-Staff	20515	1590	15,849.29	16,777.70	928.41
Sub-Staff	21170	1641	16,355.49	17,313.55	958.06
Sub-Staff	21825	1691	16,860.97	17,848.64	987.67
Sub-Staff	22480	1742	17,367.17	18,384.50	1,017.32
Sub-Staff	23135	1793	17,873.38	18,920.35	1,046.98
Sub-Staff	23790	1844	18,379.58	19,456.21	1,076.63

We’ll update the expected DA for May 2020 to July 2020 next month on release of CPI data for the month of January 2020.