02 Aug, 2021 6:47p.m.

Bank dearness relief payable for the period August 2021 to January 2022

bank-dearness-relief-payable-for-the-period-august-2021-to-january-2022

Indian Banks’ Association

HR & INDUSTRIAL RELATIONS
HR&IR/MBR/D/G2/10197

August 2, 2021

Designated Officers of all Nationalized Banks and State Bank of India

Dear Sir/Madam,

 

Dearness Relief payable for the period August 2021 to January 2022 to surviving pre 1.1.1986 retirees 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 17.12.2013, the Dearness Relief payable to surviving pre 1.1.1986 retirees of banks for the period August 2021 to January 2022 on Ex-gratia will be as under:

e 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
  %
7941 Pre 1.1.86 Retirees 350 1229.45 4303 4653
Surviving spouses of pre 1.1.86 retirees 175 1229.45 2152 2327

Yours faithfully,

Brajeshwar Sharma
Senior Advisor(HR&IR)






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