DA for Bank Employees Increases by 34 Slabs / 3.4% from November 2015 to February 2016

DA for Bank employees for Public sector banks and State Bank of India ( SBI ) to increase by 34 Slabs or 3.4% which now stands at 39.8%.

With the two point increase of All India Consumer Price Index Numbers (AICPIN) for the month of SEPTEMBER ’15, which stood at 266 points , Bank employees will get hefty increase of 34 slabs of D.A. for Nov'15 to Jan'16 quarter.

July’15       263 (6003.21)

August       264 (6026.04)

September 266 (6071.69)

Accordingly  Bank workmen/Officers  will have  34 slabs increase   in DA payable for next quarter Nov to Jan’16 at 39.80%.(3.40%increase from Existing 36.40%)

Following is the chart for the DA increase as well as changes in the gross salary for all the scales from I to VII.

For the first time Apna Jobs Blogspot has come out with changes in the total gross salary for Bank Employees after the implementation of new DA increase from November 2015.

The above chart also gives the details of the salary payable i.e., gross salary to the staff of Govt banks and SBI. Here we have taken the both CCA 870 and 600 to compute the gross salary.