Latest DA Update : Dearness Allowance for Workmen and Officer Employees in banks for the months of May, June and July 2025 under XI BPS/ 8TH Joint Note dated 11.11.2020
Indian Banks’ Association
HR & Industrial Relations
No.CIR/HR&IR/76/D/2025-26/2084
May 3, 2025
All Members of the Association
(Who are yet to implement 12th BPS/9th Joint note signed on 08.03.2024-Designated Officers)
Dear Sir/ Madam,
Dearness Allowance for Workmen and Officer Employees in banks for the months of May, June and July 2025 under XI BPS/ 8TH Joint Note dated 11.11.2020
The confirmed All India Average Consumer Price Index for Industrial Workers (Base 1960= 100) for the quarter ended March 2025 are as follows:-
January 2025 – 9413.77
February 2025 – 9387.47
March 2025 – 9400.62
The average CPI of the above is 9400.62 and accordingly the number of DA slabs are 762 (9400.62 – 6352=3048.62/4 = 762 slabs). The last average quarterly CPI was 782. Hence, there is a decrease in DA by 20p slabs for payment of DA for the months May, June and July 2025.
In terms of clause 7 of the 11th Bipartite Settlement dated 11.11.2020 and clause 3 of the Joint Note dated 11.11.2020, the rate of Dearness Allowance payable to Workmen and Officer employees for the months of May, June and July 2025 shall be 53.34% of ‘ pay’. While arriving at dearness allowance payable, decimals from third place may please be ignored.
Yours faithfully,
Brajeshwar Sharma
Senior Advisor (HR&IR)
