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Sunday, 2 November 2014

DA PAYABLE TO BANK EMPLOYEES FROM 01ST NOVEMBER TO 31ST JANUARY, 2015



ALL INDIA BANK OFFICERS' CONFEDERATION
Registered under the Trade Unions Act 1926, Registration No.:3427/Delhi)
C/o Bank of India, Parliament Street Branch,
                PTI Building, 4, Parliament Street, New Delhi:110001
                Phone:011-23730096 Fax 23719431
                E-Mail:- aiboc.sectt@gmail.com


Circular No. 2014/78                                                                                                          Dated:31.10.2014

To All Affiliates/Members

Dear Comrades,

DEARNESS ALLOWANCE

We hereby advise the Index Numbers for the quarter ended Sept. 2014 for your information. 

Month
Index as per 2001
series
Conversion factor
Index as per 1960
series
July 2014
252
4.63 X 4.93
5752.13
Aug 2014
253
4.63 X 4.93
5774.95
Sept 2014
253
4.63 X 4.93
5774.95
Total


17,302.03
Average
17,302.03/3
Rounded off
5767.34
5767.00

Difference in excess of 2836 points
2931
D.A. paid for the previous quarter on difference (683X 4)
2732
Difference
199
Increase in number of slabs (198/4)
Rounded off
49.75
49


Accordingly, Dearness Allowance is payable to Officers on 732 (i.e. 683 +49) slabs with effect from 01-11-2014 as against 683 slabs for the previous quarter. The rates of Dearness Allowance at various stages of basic pay are furnished overleaf. The rates worked out are as per the industry level scales up to Scale VII.


With greetings,


Yours comradely,

Sd/-
(HARVINDER SINGH) 
GENERAL SECRETARY


D.A. payable from 1st Nov. 2014 to 31st Jan. 2015 Rate of D.A. 0.15 % per slab (732 X 0.15 = 109.80 %) 


Stages
Basic
Conversion Factor
Existing-DA
Revised-DA
Increase In DA

1
14500
21.75
14855.25
15921.00
1065.75

2
15100
22.65
15469.95
16579.80
1109.85

3
15700
23.55
16084.65
17238.60
1153.95

4
16300
24.45
16699.35
17897.40
1198.05

5
16900
25.35
17314.05
18556.20
1242.15

6
17500
26.25
17928.75
19215.00
1286.25

7
18100
27.15
18543.45
19873.80
1330.35

8
18700
28.05
19158.15
20532.60
1374.45

9
19400
29.10
19875.3
21301.20
1425.90

10
20100
30.15
20592.45
22069.80
1477.35

11
20900
31.35
21412.05
22948.20
1536.15

12
21700
32.55
22231.65
23826.60
1594.95

13
22500
33.75
23051.25
24705.00
1653.75

14
23300
34.95
23870.85
25583.40
1712.55

15
24100
36.15
24690.45
26461.80
1771.35

16
24900
37.35
25510.05
27340.20
1830.15

17
25700
38.55
26329.65
28218.60
1888.95

18
26500
39.75
27149.25
29097.00
1947.75

19
27300
40.95
27968.85
29975.40
2006.55

20
28100
42.15
28788.45
30853.80
2065.35

21
28900
43.35
29608.05
31732.20
2124.15

22
29700
44.55
30427.65
32610.60
2182.95

23
30600
45.90
31349.7
33598.80
2249.10

24
31500
47.25
32271.75
34587.00
2315.25

25
32400
48.60
33193.8
35575.20
2381.40

26
33300
49.95
34115.85
36563.40
2447.55

27
34200
51.30
35037.9
37551.60
2513.70

28
35100
52.65
35959.95
38539.80
2579.85

29
35200
52.80
36062.4
38649.60
2587.20

30
36200
54.30
37086.9
39747.60
2660.70

31
37200
55.80
38111.4
40845.60
2734.20

32
38200
57.30
39135.9
41943.60
2807.70

33
39300
58.95
40262.85
43151.40
2888.55

34
40400
60.60
41389.8
44359.20
2969.40

35
42000
63.00
43029
46116.00
3087.00

36
43200
64.80
44258.4
47433.60
3175.20

37
44400
66.60
45487.8
48751.20
3263.40

38
45600
68.40
46717.2
50068.80
3351.60

39
46800
70.20
47946.6
51386.40
3439.80

40
48100
72.15
49278.45
52813.80
3535.35

41
49400
74.10
50610.3
54241.20
3630.90

42
50700
76.05
51942.15
55668.60
3726.45

43
52000
78.00
53274
57096.00
3822.00

44
410
0.615
399.75
450.18
50.43

45
1030
1.545
1004.25
1130.94
129.69








Source:- http://aiboc.org/wp-content/uploads/2013/10/aiboc-Cir-2014-78.pdf


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