Dearness Relief payable from August 2021 to January 2022 to pre 1.1.1986 bank retirees

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

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
Applicable CPI Average		₹	%	₹	₹
7941	Pre 1.1.86 Retirees	350	1229.45	4303	4653
7941	Surviving spouses of pre 1.1.86 retirees	175	1229.45	2152	2327