Indian Banks’ Association
HR & INDUSTRIAL RELATIONS
No.C1R/HR&IRMIG2/2019-20/7682
August 1, 2019
Designated Officers of all Nationalised Banks
and State Bank of India
Dear Sirs,
Dearness Relief eayable for the period August 2019 to January 2020 to surviving pre 1.1.1986 retirees of banks (h) surviving, spouses of pre 1.1.86 Retirees who are in receipt of Ex-gratia
Also Read : DA for Bank Employees from August 2019 to October 2019 – IBA
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 17.12.2013, the Dearness Relief payable to surviving pre 1.1.1986 retirees of banks for the period August 2019 to January 2020 on Ex-gratia will be as under :
|
Applicable CPI Average
|
Amount of Ex-gratin per month | Rate of Dearness Relief | Amount of Dearness Relief per month |
Total Ex-gratia amount including Dearness Relief per month
|
|
|---|---|---|---|---|---|
| ₹ | % | ₹ | ₹ | ||
|
7163
|
Pre 1.1.86 Retirees | 350 | 1099.47 | 3848 | 4198 |
| Surviving spouses of pre 1.1.86 retirees | 175 | 1099.47 | 1924 | 2099 |
Yours faithfully.
S.K.Kakkar
Senior Advisor( HR&IR)