Expected DA for Bank Employees from Nov 2021

Average CPI Number = [(8072.70+8072.70+8072.70)/3] = 8072.70

As per 11^th BPS, 6352 points of DA was merged with the pay and payable DA rate was fixed at 0.07 percent per DA slab.

So, number of final DA slabs = [(8072.70-6352)/4] = 430 slabs (30.10 percent)

DA slabs for Quarter ended June 2021 = 397 slabs (27.79 percent)

Increase in DA Slabs = 430-397 = 33 slabs (2.31 percent)

Expected DA percentage for Nov 2021, Dec 2021 and Jan 2022 will be 30.10

Expected DA percentage rate increase = 2.31 percent

Note : Final DA slabs increase for month of Nov 2021, Dec 2021 and Jan 2022 for bank staff employees will be published here on release of confirmed AICPI-IW numbers for month of Aug 2021 and Sep 2021.