Dearness Allowance For Bank Staff From May 2014

Dearness Allowance Increase  for Bankers from May 

2014 to July 2014-By Sri Rajesh Goyal

Now CPI for all the three months has been announced for relevant months and the same is as follows:-

Month	CPI
January 2014	5409.74
February 2014	5432.56
March 2014	5455.39

Based on the above calculations the new DA is to be @ 97.50%, for the months of  May 2014 to July  2014.   [The DA for February  2014 to April  2014 was  99.90% ] i.e. decrease  of 2.40%. (decrease of 16 slabs)  We give below the likely DA for May,  2014 onwards vis a vis existing DA, alongwith  the increase in DA at various levels of scales :-

Officers Staff :- [ All the calculations are based on present scales which are likely to be revised as per Xth BPS which is under negotiation. ]

			Actual DA for	DA for	Decrease in DA
	Officers		From February 2014	From May  2014
Stage	Scale	Basic Pay	99.90%	97.50%	-2.40%
			DA Amount Payable	DA Amount Payable	DA Amount Payable
1	I,II,III	14500	14485.50	14137.50	-348.00
2	I,II,III	15100	15084.90	14722.50	-362.40
3	I,II,III	15700	15684.30	15307.50	-376.80
4	I,II,III	16300	16283.70	15892.50	-391.20
5	I,II,III	16900	16883.10	16477.50	-405.60
6	I,II,III	17500	17482.50	17062.50	-420.00
7	I,II,III	18100	18081.90	17647.50	-434.40
8	I,II,III	18700	18681.30	18232.50	-448.80
9	I,II,III	19400	19380.60	18915.00	-465.60
10	I,II,III	20100	20079.90	19597.50	-482.40
11	I,II,III	20900	20879.10	20377.50	-501.60
12	I,II,III	21700	21678.30	21157.50	-520.80
13	I,II,III	22500	22477.50	21937.50	-540.00
14	I,II,III	23300	23276.70	22717.50	-559.20
15	I,II,III	24100	24075.90	23497.50	-578.40
16	I,II,III	24900	24875.10	24277.50	-597.60
17	I,II,III	25700	25674.30	25057.50	-616.80
18	I,II,III	26500	26473.50	25837.50	-636.00
19	I,II,III	27300	27272.70	26617.50	-655.20
20	I,II,III	28100	28071.90	27397.50	-674.40
21	I,II,III	28900	28871.10	28177.50	-693.60
22	I,II,III	29700	29670.30	28957.50	-712.80
23	I,II,III	30600	30569.40	29835.00	-734.40
24	I,II,III	31500	31468.50	30712.50	-756.00
25	I,II,III	32400	32367.60	31590.00	-777.60
26	I,II,III	33300	33266.70	32467.50	-799.20
27	I,II,III	34200	34165.80	33345.00	-820.80
28	I,II,III	35100	35064.90	34222.50	-842.40
1	IV	30600	30569.40	29835.00	-734.40
2	IV	31500	31468.50	30712.50	-756.00
3	IV	32400	32367.60	31590.00	-777.60
4	IV	33300	33266.70	32467.50	-799.20
5	IV	34200	34165.80	33345.00	-820.80
6	IV	35200	35164.80	34320.00	-844.80
7	IV	36200	36163.80	35295.00	-868.80
1	V	36200	36163.80	35295.00	-868.80
2	V	37200	37162.80	36270.00	-892.80
3	V	38200	38161.80	37245.00	-916.80
4	V	39300	39260.70	38317.50	-943.20
5	V	40400	40359.60	39390.00	-969.60
1	VI	42000	41958.00	40950.00	-1008.00
2	VI	43200	43156.80	42120.00	-1036.80
3	VI	44400	44355.60	43290.00	-1065.60
4	VI	45600	45554.40	44460.00	-1094.40
5	VI	46800	46753.20	45630.00	-1123.20
1	VII	46800	46753.20	45630.00	-1123.20
2	VII	48100	48051.90	46897.50	-1154.40
3	VII	49400	49350.60	48165.00	-1185.60
4	VII	50700	50649.30	49432.50	-1216.80
5	VII	52000	51948.00	50700.00	-1248.00

Workman Staff:

			Actual DA for	DA for	Decrease in DA
	Officers	Existing	From February 2014	From May  2014
Stage	Scale	Basic Pay	99.90%	97.50%	-2.40%
			DA Amount Payable	DA Amount Payable	DA Amount Payable
1	Clerk	7200	7192.80	7020.00	-172.80
2	Clerk	7600	7592.40	7410.00	-182.40
3	Clerk	8000	7992.00	7800.00	-192.00
4	Clerk	8400	8391.60	8190.00	-201.60
5	Clerk	8900	8891.10	8677.50	-213.60
6	Clerk	9400	9390.60	9165.00	-225.60
7	Clerk	9900	9890.10	9652.50	-237.60
8	Clerk	10500	10489.50	10237.50	-252.00
9	Clerk	11100	11088.90	10822.50	-266.40
10	Clerk	11700	11688.30	11407.50	-280.80
11	Clerk	12300	12287.70	11992.50	-295.20
12	Clerk	13000	12987.00	12675.00	-312.00
13	Clerk	13700	13686.30	13357.50	-328.80
14	Clerk	14400	14385.60	14040.00	-345.60
15	Clerk	15100	15084.90	14722.50	-362.40
16	Clerk	15800	15784.20	15405.00	-379.20
17	Clerk	16500	16483.50	16087.50	-396.00
18	Clerk	17200	17182.80	16770.00	-412.80
19	Clerk	18500	18481.50	18037.50	-444.00
20	Clerk	19300	19280.70	18817.50	-463.20
21	Clerk	20100	20079.90	19597.50	-482.40
22	Clerk	20900	20879.10	20377.50	-501.60
23	Clerk	21700	21678.30	21157.50	-520.80
24	Clerk	22500	22477.50	21937.50	-540.00
25	Clerk	23300	23276.70	22717.50	-559.20
26	Clerk	24100	24075.90	23497.50	-578.40
27	Clerk	24900	24875.10	24277.50	-597.60
1	Sub-Staff	5850	5844.15	5703.75	-140.40
2	Sub-Staff	6050	6043.95	5898.75	-145.20
3	Sub-Staff	6250	6243.75	6093.75	-150.00
4	Sub-Staff	6450	6443.55	6288.75	-154.80
5	Sub-Staff	6650	6643.35	6483.75	-159.60
6	Sub-Staff	6900	6893.10	6727.50	-165.60
7	Sub-Staff	7150	7142.85	6971.25	-171.60
8	Sub-Staff	7400	7392.60	7215.00	-177.60
9	Sub-Staff	7650	7642.35	7458.75	-183.60
10	Sub-Staff	7900	7892.10	7702.50	-189.60
11	Sub-Staff	8200	8191.80	7995.00	-196.80
12	Sub-Staff	8500	8491.50	8287.50	-204.00
13	Sub-Staff	8800	8791.20	8580.00	-211.20
14	Sub-Staff	9100	9090.90	8872.50	-218.40
15	Sub-Staff	9450	9440.55	9213.75	-226.80
16	Sub-Staff	9800	9790.20	9555.00	-235.20
17	Sub-Staff	10150	10139.85	9896.25	-243.60
18	Sub-Staff	10550	10539.45	10286.25	-253.20
19	Sub-Staff	10950	10939.05	10676.25	-262.80
20	Sub-Staff	11350	11338.65	11066.25	-272.40
21	Sub-Staff	11750	11738.25	11456.25	-282.00
22	Sub-Staff	12150	12137.85	11846.25	-291.60
23	Sub-Staff	12550	12537.45	12236.25	-301.20
24	Sub-Staff	12950	12937.05	12626.25	-310.80
25	Sub-Staff	13350	13336.65	13016.25	-320.40
26	Sub-Staff	13750	13736.25	13406.25	-330.00
27	Sub-Staff	14150	14135.85	13796.25	-339.60