Dearness Relief payable to surviving pre 1.1.1986 retirees of banks for the period Feb 2021 to July 2021

Dearness Relief payable 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 for the period February 2021 to July 2021

Indian Banks’ Association

HR & INDUSTRIAL RELATIONS

No. CIR/HR&IR/D/G2/2020-21/9590

February 1, 2021

Designated Officers of all Nationalised Banks and State Bank of India

Dear Sir/Madam.

Dearness Relief payable for the period February 2021 to July 2021 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 2021 to July 2021 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			%
7849	Pre 1.1.86 Retirees	350	1214.04	4249	4599
7849	Surviving spouses of pre 1.1.86 retirees	175	1214.04	2125	2300