HomeBank DADearness Relief from Feb 2022 to July 2022 to Pre 1986 Bank retirees

Dearness Relief from Feb 2022 to July 2022 to Pre 1986 Bank retirees

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Dearness Relief from Feb 2022 to July 2022 to Pre 1986 Bank retirees

HR & Industrial Relations

HR&IR/MBR/76/D/2021-22/10870
February 1, 2022

Designated Officers of all Nationalised Banks
and State Bank of India

Dear Sir/Madam,

Dearness Relief payable for the period February 2022 to July 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 February 2022 to July 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
  %
8239 Pre 1.1.86 Retirees 350 1279.03 4477 4827
Surviving spouses of pre 1.1.86 retirees 175 1279.03 2238 2413
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Yours faithfully,

Brajeshwar Sharma
Senior Advisor (HR&IR)

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