• Breaking News

    Thursday, 6 August 2015

    DEARNESS RELIEF FROM AUGUST, 2015 TO JANUARY, 2016 TO (A) SURVIVING PRE 01.01.1986 RETIREES OF BANKS.....

    INDIAN BANKS’ ASSOCIATION



    HR & INDUSTRIAL RELATIONS

    NO.CIR/HR&IR/D/G2/2015-16/1160

    August 3, 2015

    Designated Officers of all Nationalised Banks

    and Associate Banks of State Bank of India

    Dear Sirs,

    Dearness Relief payable for the period August, 2015 to January 2016 to (a) surviving pre 1.1.1986 retiress of banks (b) surviving spouses of pre 1.1.86 retirees who are in receipt of Ex-gratia

    As per the directive contained in the Government of India, Ministry of Finance Department of Economic Affairs (Banking Division) letter F.No.11/2/2012 IR dated 17.12.13, the Dearness Relief payable to surviving pre 1.1.1986 retirees of banks for the period August 2015 to January 2016 will be as under:

    Applicable CPI Average

    Amount of Ex-gratia per month
    Rate of Dearness Relief
    Amount of Dearness Relief per month
    Total Ex-Gratia amount including Dearness Relief per month




     5896

    %
    Pre 1.1.86 retirees
    350
    887.08
    3105
    3455
    Surviving spouses of pre 1.1.86 retirees
    175
    887.08
    1552
    1727

    yours faithfully,

    Sd/-
    K S Chauhan
    Senior Vice President

    Source: DR Order

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