Bank Dearness Relief payable to Pensioners for the period Aug 2026 to Jan 2027: IBA Order

Bank Dearness Relief payable to Pensioners for the period Aug 2026 to Jan 2027: IBA Order dated 03.08.2026

Indian Banks’ Association

HR & INDUSTRIAL RELATIONS

No.CIR/HR&IR/77/D/2026-27/3436 August 3, 2026

Designated Officers of all Member Banks which are parties to the Bipartite Settlement on Pension

Dear Sir/Madam,

Dearness Relief payable to Pensioners for the period August 2026 to January 2027

The confirmed All India Average Consumer Price Index Numbers for Industrial Workers for the quarter ended June 2026 are as follows:-

In terms of Regulation 37 of Bank Employees’ Pension Regulations, 1995 Dearness Relief is payable to pensioners at rates specified in Appendix II to the Regulations.

Further, we draw your attention to our circular HR&IR/MBR/G2/0533 dated 16.10.2023, wherein we have communicated about DR neutralization for pre 01.11.2002 retirees and family pensioners. The amount of ex-gratia to be paid, to a group of pensioners, was also mentioned therein.

Pending amendments to Pension Regulations, Banks may pay on ad hoc basis, the Dearness Relief payable to pensioners for the period August 2026 to January 2027 as per Annexure.

Your faithfully,

Sd/-
Arvind Misra
Senior Advisor (HR&IR)

Annexure

PART-I

Dearness Relief to pensioners who retired on or after 1st day of January, 1986, but before the 1st day of November, 1992/1st July, 1993

(ignore decimals from 3rd place onwards)

PART-II

Dearness Relief to pensioners who retired on or after 1st day of November, 1992/1st July, 1993

(ignore decimals from 3rd place onwards)

PART-III

Dearness Relief to pensioners who retired on or after 1st day of April, 1998.

(ignore decimals from 3rd place onwards)

PART-IV

Dearness Relief to pensioners who retired on or after 1st day of November, 2002.

(ignore decimals from 3rd place onwards)

PART-V

Dearness Relief to pensioners who retired on or after 1st day of November, 2007.

(ignore decimals from 3rd place onwards)

PART-VI

Dearness Relief to pensioners who retired on or after 1st day of November, 2012.

(ignore decimals from 3rd place onwards)

PART-VII

Dearness Relief to pensioners who retired on or after 1st day of November, 2017.

(ignore decimals from 3rd place onwards)

PART-VIII

Dearness Relief to pensioners who retired on or after 1st day of November, 2022

(ignore decimals from 3rd place onwards)

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