Dearness Relief from Aug 2021 to Jan 2022 to Pre 1986 Bank retirees

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Dearness Relief from Aug 2021 to Jan 2022 to Pre 1986 Bank retirees

Dearness Relief payable for the period Aug 2021 to Jan 2022 to surviving pre 1.1.1986 retirees of banks (b) surviving spouses of pre 1.1.86 Retirees w

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Dearness Relief payable for the period Aug 2021 to Jan 2022 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

Indian Banks’ Association

HR & INDUSTRIAL RELATIONS

HR&IR/MBR/D/G2/10197
August 2, 2021

Designated Officers of all Nationalized Banks and State Bank of India

Dear Sir/Madam,

Dearness Relief payable for the period August 2021 to January 2022 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 2021 to January 2022 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

%

7941

Pre 1.1.86 Retirees 350 1229.45 4303 4653
Surviving spouses of pre 1.1.86 retirees 175 1229.45 2152

2327

Yours faithfully,

Brajeshwar Sharma
Senior Advisor(HR&IR)

dearness-relief-from-aug-2021-to-jan-2022-to-pre-1986-bank-retirees

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