ALL INDIA STATE BANK OFFICERS’ FEDERATION
(Registered under the Trade Unions Act 1926, Registration No: 727/MDS)
State Bank Buildings, St. Mark’s Road, Bangalore – 560 001
CIRCULAR NO. 130 02-11-2016
TO ALL AFFILIATES/MEMBERS
DEARNESS ALLOWANCE
The Index Numbers for the quarter ended September 2016 are as under:
Month Index as per Conversion Index as per
2001 series Factor 1960 series
July 2016 280 4.63 x 4.93 6391.25 Aug 2016 278 4.63 x 4.93 6345.60
Sep 2016 277 4.63 x 4.93 6322.77
Total 19,059.62
Average = 19,059.62/3 6353.20
Difference in excess of 4440 points 1913.20 D.A.paid for the previous quarter on (i.e. 455x4) 1820. 00 Difference 93.20
Increase in number of Slabs = 93.20/4 = 23.30
Accordingly, Dearness Allowance is payable to Officers on 478 (i.e. 455+23) slabs with effect from 01-11-2016 as against 455 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 upto Scale VII including SBI.
With greetings,
(Y.SUDARSHAN)
GENERAL SECRETARY
D.A. PAYABLE FROM 1ST NOVEMBER- 2016 TO 31ST JANUARY-17RATE OF D.A. 0.10% PER SLAB (478 X 0.10=47.80%)
STAGES / SCALE / BASIC / SPL /
EXISITING-DA
/ REVISED-DA / DIFFERENCEPAY / ALLOW / 455 SLABS / 478 SLABS / OF DA
45.50% / 47.80%
1 / I - III / 23700 / 1836.75 / 11619.22 / 12206.57 / 587.35
2 / 24680 / 1912.70 / 12099.68 / 12711.31 / 611.63
3 / 25660 / 1988.65 / 12580.14 / 13216.05 / 635.92
4 / 26640 / 2064.60 / 13060.59 / 13720.80 / 660.21
5 / 27620 / 2140.55 / 13541.05 / 14225.54 / 684.49
6 / 28600 / 2216.50 / 14021.51 / 14730.29 / 708.78
7 / 29580 / 2292.45 / 14501.96 / 15235.03 / 733.07
8 / 30560 / 2368.40 / 14982.42 / 15739.78 / 757.35
9 / 31705 / 2457.14 / 15543.77 / 16329.50 / 785.73
10 / 32850 / 2545.88 / 16105.12 / 16919.23 / 814.11
11 / 34160 / 2647.40 / 16747.37 / 17593.94 / 846.57
12 / 35470 / 2748.93 / 17389.61 / 18268.65 / 879.04
13 / 36780 / 2850.45 / 18031.85 / 18943.36 / 911.50
14 / 38090 / 2951.98 / 18674.10 / 19618.06 / 943.97
15 / 39400 / 3053.50 / 19316.34 / 20292.77 / 976.43
16 / 40710 / 3155.03 / 19958.59 / 20967.48 / 1008.90
17 / 42020 / 3256.55 / 20600.83 / 21642.19 / 1041.36
18 / 43330 / 3358.08 / 21243.07 / 22316.90 / 1073.83
19 / 44640 / 3459.60 / 21885.32 / 22991.61 / 1106.29
20 / 45950 / 3561.13 / 22527.56 / 23666.32 / 1138.76
21 / 47260 / 3662.65 / 23169.81 / 24341.03 / 1171.22
22 / 48570 / 3764.18 / 23812.05 / 25015.74 / 1203.69
23 / 50030 / 3877.33 / 24527.83 / 25767.70 / 1239.87
24 / 51490 / 3990.48 / 25243.62 / 26519.67 / 1276.05
25 / STG-1 / 52950 / 4103.63 / 25959.40 / 27271.63 / 1312.23
26 / STG-2 / 54410 / 4216.78 / 26675.18 / 28023.60 / 1348.42
27 / STG-3 / 55870 / 4329.93 / 27390.97 / 28775.56 / 1384.60
28 / STG-4 / 57330 / 4443.08 / 28106.75 / 29527.53 / 1420.78
29 / STG-5 / 58790 / 4556.23 / 28822.53 / 30279.50 / 1456.96
30 / IV - V / 50030 / 5003.00 / 25040.02 / 26305.77 / 1265.76
31 / 51490 / 5149.00 / 25770.75 / 27073.44 / 1302.70
32 / 52950 / 5295.00 / 26501.48 / 27841.11 / 1339.64
33 / 54410 / 5441.00 / 27232.21 / 28608.78 / 1376.57
34 / 55870 / 5587.00 / 27962.94 / 29376.45 / 1413.51
35 / 57520 / 5752.00 / 28788.76 / 30244.02 / 1455.26
36 / 59170 / 5917.00 / 29614.59 / 31111.59 / 1497.00
37 / 60820 / 6082.00 / 30440.41 / 31979.16 / 1538.75
38 / 62470 / 6247.00 / 31266.24 / 32846.73 / 1580.49
39 / 64270 / 6427.00 / 32167.14 / 33793.17 / 1626.03
40 / 66070 / 6607.00 / 33068.04 / 34739.61 / 1671.57
41 / VI - VII / 68680 / 7554.80 / 34686.83 / 36440.23 / 1753.40
42 / 70640 / 7770.40 / 35676.73 / 37480.17 / 1803.44
43 / 72600 / 7986.00 / 36666.63 / 38520.11 / 1853.48
44 / 74560 / 8201.60 / 37656.53 / 39560.04 / 1903.52
45 / 76520 / 8417.20 / 38646.43 / 40599.98 / 1953.56
46 / 78640 / 8650.40 / 39717.13 / 41724.81 / 2007.68
47 / 80760 / 8883.60 / 40787.84 / 42849.64 / 2061.80
48 / 82880 / 9116.80 / 41858.54 / 43974.47 / 2115.93
49 / 85000 / 9350.00 / 42929.25 / 45099.30 / 2170.05
670 / 304.85 / 320.26 / 15.41
1680 / 764.40 / 803.04 / 38.64