Saturday, August 3, 2013

IBA released circular for Bank employees' and pensioners' D.A. from August'13

IBA issued circular for increase of D.A. for bank officers and employees for August, September and October 2013. As informed earlier, employees will get 32 slabs increase in D.A. from 1st Aug'13.
View the IBA circular
IBA also issued circular for Dearness Relief payable to bank pensioners for the period of Aug'13 to Jan'14. Pensioners retired after 1.11.2007 will get D.R @ 88.95% of basic pension. Those retired after 01.11.2002 and before 1.11.2007 will get D.R. @131.40% of basic pension.
Click here for the IBA circular for full details

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