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Wednesday, August 3, 2016

Dearness Relief Payable for the period August 2016 to January 2017 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

Dearness Relief Payable for the period August 2016 to January 2017 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

India Banks Association

HR & Industrial Relations

No.CIR/HR&IR/D/G2/2016-17/774
August 1, 2016

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

Dear sirs,

Dearness Relief Payable for the period August 2016 to January 2017 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 2016 to January 2017 on Ex-gratia will be as under:

Applicable
CPI
 Average

Amonunt of Ex-gratia per month
Rate of Dearness Relief
Amount of Dearness Relief per month
Total Ex-gratia amount including Dearness Relief per month

   

6261
Pre 1.1.86 Retirees
350
948.05
3318
3668
Surviving spouses of pre 1.1.86 retirees
175
948.05
1659
1834


Yours faithfully,

Sd/-
K S chauhan
Senior Vice President

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