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