:::::SRI S.B. RODE, OUR BELOVED PRESIDENT, AICBOF AND OFFICER DIRECTOR ON THE BOARD OF CENTRAL BANK OF INDIA HAS BEEN COOPTED AS GENERAL SECRETARY, AICBOF IN E.C. MTG. HELD AT MUMBAI ON 24.02.2014:::::MR. S.C. GUPTA, GEN. SECRETARY OF OUR AHMEDABAD UNIT HAS BEEN COOPTED AS PRESIDENT, AICBOF::::::WE CONGRATULATE THEM AND WISH THAT THE OFFICERS' MOVEMENT IN CENTRAL BANK OF INDIA WILL BE TAKEN TO NEW HEIGHTS:::::LONG LIVE CBOA:::::LONG LIVE AICBOF::::::LONG LIVE AIBOC:::::

AIBOC CIRCULAR NO. 81 DATED 31ST OCTOBER 2009

AIBOC issued its Circular No. 81 on Dearness Allowance payable to Officers from November 2009. The DA is increased by 59 slabs and the total DA payable is now at 350 slabs.
We reproduce hereunder the circular along with the DA payable at various scales of pay upto Scale-VII.
CIRCULAR NO.81                31-10-2009
TO ALL AFFILIATES/MEMBERS
DEARNESS ALLOWANCE
The Index Numbers for the quarter ended September 2009 are as under:
MONTH           INDEX AS PER     CONVERSION     INDEX AS PER
                         2001 SERIES          FACTOR     1960 SERIES
July 2009               160               4.63 x 4.93          3652.14
Aug 2009               162               4.63 x 4.93          3697.79
Sept 2009              163               4.63 x 4.93          3720.62
                                                                 Total 11070.55
                                          Average = 11070.55/3 3690.18
Difference in excess of 2288 points                        1402.18
D.A.paid for the previous quarter on (i.e. 291x4)    1164.00
Difference                                                              238.18
Increase in number of Slabs =                   238.18/4 = 59.54
 
Accordingly, Dearness Allowance is payable to Officers on 350 (i.e. 291+59) slabs with effect from 01-11-2009 as against 291 slabs for the previous quarter.
The rates of Dearness Allowance at various stages of basic pay are furnished overleaf.
The rates worked out are as per the industry level scales upto Scale VII including SBI.
With greetings,
Sd/-
(G.D. NADAF)
GENERAL SECRETARY
D.A. PAYABLE FROM I ST NOVEMBER, 2009 TO 31ST JANUVARY , 2010
                   RATE OF D.A. 0.18% PER SLAB (350 X 0.18= 63%)
BASIC          CONVERSION   EXISITING-DA    REVISED-DA    DIFFERENCE
PAY              FACTOR                   291                    350
                                          01.08.2009      01.11.2009
10000             18.000           5238.00             6300.00          1062.00
10470             18.846           5484.19             6596.10          1111.91
10940             19.692           5730.37             6892.20          1161.83
11410             20.538           5976.56             7188.30          1211.74
11880             21.384           6222.74             7484.40          1261.66
12350             22.230           6468.93             7780.50          1311.57
12820             23.076           6715.12             8076.60          1361.48
13320             23.976           6977.02             8391.60          1414.58
13820             24.876           7238.92             8706.60          1467.68
14320             25.776           7500.82             9021.60          1520.78
14880             26.784           7794.14             9374.40          1580.26
15440             27.792           8087.47             9727.20          1639.73
16000             28.800           8380.80           10080.00          1699.20
16560             29.808           8674.13           10432.80          1758.67
17120             30.816           8967.46           10785.60          1818.14
17680             31.824           9260.78           11138.40          1877.62
18240             32.832           9554.11           11491.20          1937.09
18800             33.840           9847.44           11844.00          1996.56
19360             34.848         10140.77           12196.80          2056.03
19920             35.856         10434.10           12549.60          2115.50
20480             36.864         10727.42           12902.40          2174.98
21040             37.872         11020.75           13255.20          2234.45
21660             38.988         11345.51           13645.80          2300.29
22280             40.104         11670.26           14036.40          2366.14
22900             41.220         11995.02           14427.00          2431.98
23520             42.336         12319.78           14817.60          2497.82
24140             43.452         12644.53           15208.20          2563.67
24760             44.568         12969.29           15598.80          2629.51
25380             45.684         13294.04           15989.40          2695.36
26000             46.800         13618.80           16380.00          2761.20
26620             47.916         13943.56           16770.60          2827.04
27300             49.140         14299.74           17199.00          2899.26
27980             50.364         14655.92           17627.40          2971.48
28660             51.588         15012.11           18055.80          3043.69
29340             52.812         15368.29           18484.20          3115.91
30020             54.036         15724.48           18912.60          3188.12
30700             55.260         16080.66           19341.00          3260.34
31600             56.880         16552.08           19908.00          3355.92
32600             58.680         17075.88           20538.00          3462.12
300                  0.540             157.14               189.00             31.86
750                  1.350             392.85               472.50             79.65

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