Banking Exam Forum

Bank Employee DA for November 2011

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Offline Sora

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Bank Employee DA for November 2011
« on: November 01, 2011, 01:46:28 AM »

It is expected that the Dearness Allowance [DA] for the bank employees for the quarter Nov-Jan will be increased by 36 slabs i.e. increased by 36*0.15 = 5.4%.(Note 1 Slab = 0.15%) DA is based on CPI for the month.

Currently bank employees DA is 360 slabs, the total slab after the 36 slabs will be 360+36 = 396 or 396*0.15% = 59.40% of the basic pay.

Good Luck guys for few more penny.... ;D

« Last Edit: February 01, 2012, 01:16:03 AM by Sora »

Offline Sora

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Re: Bank Employee DA for November 2011
« Reply #1 on: November 03, 2011, 01:00:54 AM »
Dearness Allowance for Bank Employee for the month of Nov, Dec, Jan 2012 Increased by 41 slabs or 6.15% of Pay. The new DA will be @ 60.15%, for the months of November, December, 2011 and January, 2012. : IBA DA Details


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