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Wednesday, August 6, 2014

Dearness Relief payable for the period August, 2014 to January 2015

HR & INDUSTRIAL RELATIONS

No. CIR/HR&IR/D/G2/2014-15/423
August 1, 2014

Designated Officers of all Nationalised Banks
and Associate Banks of State Bank of India

Dear Sirs,

Dearness Relief payable for the period August, 2014 to January 2015 to (a) surviving pre 1.1.1986 retirees of banks (b) surviving spouses of pre 1.1.1986 retirees who are in receipt of Ex-gratia

As per the directive contained in the Government of India, Ministry of Finance Department
of Financial Services (Banking Division) letter F.No. 11/2/2012-IR dated 17.12.13, the Dearness Relief payable to surviving pre 1.1.1986 retirees/surviving spouses of pre 1.1.86 retirees of banks for the period August to January 2015 will be as under :

Applicable 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
%
5569
Pre 1.1.86 retirees
Surviving spouses of pre 1.1.86 retirees
350
832.14
2912
3262
175
832.14
1456
1631

Yours faithfully
Sd/-
KS Chauhan
Senior Vice president

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