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DR payable for the period Feb 2019 to July 2019 – IBA

06/02/2019 Leave a Comment

DR payable for the period Feb 2019 to July 2019 – IBA

HR & INDUSTRIAL RELATIONS

No.CIR/HR&IR/D/G2/2018-19/6765
February 1, 2019

Designated Officers of all Nationalised Banks
and State Bank of India

Dear Sirs,

Dearness Relief payable for the period February 2019 to July 2019 to surviving pre 1.1.1986 (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 February 2019 to July 2019 on Ex-gratia 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

₹ % ₹ ₹

6885

Pre 1.1.86 Retirees

350

1052.57 3684

4034

Surviving spouses of pre 1.1.86 retirees

175

1052.57 1842

2017

Yours faithfully,

S K Kakkar
Senior Advisor (HR&IR)

Signed Copy

Related posts:

  1. Dearness Relief payable for the period August 2018 to January 2019 to surviving pre-retirees
  2. Dearness Relief payable for the period August, 2015 to January 2016 to (a) surviving pre 1.1.1986 retirees of banks (b) surviving spouses of pre 1.1.86 retirees who are in receipt of Ex-gratia
  3. Dearness Relief payable for the period August 2016 to January 2017
  4. DR payable for the period August 2020 to Jan 2021 to surviving pre 1.1.1986 retirees

Filed Under: CGE LATEST NEWS, IBA Circulars

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