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Dearness Relief payable for the period August, 2013 to January, 2014 to surviving pre 1.1.1986 retirees of banks who are in receipt of Ex-gratia

Indian Banks’ Association

 

HR & INDUSTRIAL RELATIONS

 

No.CIR/HR&IR/76/D/G2/2013-14/7588

August 1, 2013

 

Designated Officers of all Nationalised Banks

and Associate Banks of State Bank of India

 

Dear Sirs,

 

Dearness Relief payable for the period August, 2013 to January, 2014

to surviving pre 1.1.1986 retirees of banks 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.11/3/92-IR dated 26th November, 1998, the Dearness Relief payable to surviving pre 1.1.1986 retirees of banks for the period August 2013 to January 2014 will be as under :

 

Period

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

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%

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August 2013 to January 2014

5211

300

771.84

2316

2616

 

Yours faithfully, 

 

K UNNIKRISHNAN

DY. CHIEF EXECUTIVE

 

source-http://www.iba.org.in/Documents/scan0013.pdf

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