Bank Dearness Allowance for Aug-26, Sep-26 and Oct-26 @ 27.83% under XII BPS/9th Joint Note: IBA Order

Bank Dearness Allowance for Aug-26, Sep-26 and Oct-26 @ 27.83% under XII BPS/9th Joint Note: IBA Order dated 03.08.2026

Indian Banks’ Association

HR & Industrial Relations

No.CIR/HR&IR/77/D/2026-27/3434
August 3, 2026

All Members of the Association
(Designated Officers)

Dear Sir/Madam,

Dearness Allowance for Workmen and Officer Employees in banks for the months of August, September and October 2026 under XII BPS/9TH Joint Note dated 08.03.2024

The confirmed All India Average Consumer Price Index for Industrial Workers (Base 2016 =100) for the quarter ended June 2026 are as follows:-

The average CPI of the above is 150.86 and accordingly the number of points over 123.03 are 27.83 (150.86-123.03).

In terms of clause 13 of the 12th Bipartite Settlement dated 08.03.2024 and clause 2 (i) of the Joint Note dated 08.03.2024, the rate of Dearness Allowance payable to Workmen and Officer employees for the months of August, September and October 2026 shall be 27.83% of ‘pay’ (0.01% change in DA on ‘pay’ for change in every second decimal place of CPI 2016 over 123.03 points).

Yours faithfully,

Arvind Misra
Senior Advisor (HR&IR)

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