DA Calculation For Bank Employees From May 2018

Bank DA Calculation from May 2018

The All India Consumer Price Index for the month of March 2018 has been released by Labour Bureau yesterday. The index remained unchanged at the point of 287.

M/Y
Jan-2018
Feb-2018
Mar-2018
CPI
288
287
287
Conversion
6573.86
6551.03
6551.03
Average
6558.64
Minus 4440
2118.64
Divided by 4
530.00
DA %
53.00%

Dearness Allowance for workmen and officer employees in banks

Payable for the Year
Payable for the months
Average CPI
No. of slabs
% of pay
2018
May, June, July 2018
6558
530
53.0
2018
February, March April 2018
6551
527
52.7
2017
November, December 2017, January 2018
6505
516
51.6
2017
August September October 2017
6353
478
47.8
2017
May June July 2017
6261
456
45.6
2017
February March April 2017
6315
469
46.9
2016-17
November, December 2016, January 2017
6353
478
47.8
2016
August, September, October 2016
6261
455
45.5
2016
May, June, July 2016
6117
420
42.0
2016
February, March, April 2016
6147
426
42.6

 

 

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