:::::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. 13 DATED 01.02.2012


AIBOC issued its circular No. 13 dated 01.02.2012 on Dearness Allowance Payable 01.02.2012. We are placing the same here for our readers.

CIRCULAR NO.13                                                 01-02-2012

TO ALL AFFILIATES/MEMBERS

DEARNESS ALLOWANCE

The Index Numbers for the quarter ended  December 2011  are as under:

Month
Index as per 2001 series
Conversion Factor
Index as per 1960 series
October 2011
198
4.63 x 4.93
4519.52
November 2011
199
4.63 x 4.93
4542.35
December 2011
197
4.63 x 4.93
4496.70
Total


13358.57
Average

13558.57/3
4519.52
Difference in excess of 2836 points


1683.52
D.A. paid for the previous quarter on (i.e. 401 x 4)


1604.00
Difference


79.52
Increase in number of Slabs

79.52/4
19.88

Accordingly, Dearness Allowance is payable to Officers on 420 (i.e. 401+19) slabs with effect from 01-02-2012 as against 401 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 FEBRUARY 2012 TO  30TH  APRIL,  2012
RATE OF D.A. 0.15% PER SLAB (420 X 0.15= 63%)
STAGES
BASIC
CONVERSION
EXISITING-DA
REVISED-DA
DIFFERENCE

PAY
FACTOR
401
420
 DA
1
14500
21.750
8721.75
9135.00
413.25
2
15100
22.650
9082.65
9513.00
430.35
3
15700
23.550
9443.55
9891.00
447.45
4
16300
24.450
9804.45
10269.00
464.55
5
16900
25.350
10165.35
10647.00
481.65
6
17500
26.250
10526.25
11025.00
498.75
7
18100
27.150
10887.15
11403.00
515.85
8
18700
28.050
11248.05
11781.00
532.95
9
19400
29.100
11669.10
12222.00
552.90
10
20100
30.150
12090.15
12663.00
572.85
11
20900
31.350
12571.35
13167.00
595.65
12
21700
32.550
13052.55
13671.00
618.45
13
22500
33.750
13533.75
14175.00
641.25
14
23300
34.950
14014.95
14679.00
664.05
15
24100
36.150
14496.15
15183.00
686.85
16
24900
37.350
14977.35
15687.00
709.65
17
25700
38.550
15458.55
16191.00
732.45
18
26500
39.750
15939.75
16695.00
755.25
19
27300
40.950
16420.95
17199.00
778.05
20
28100
42.150
16902.15
17703.00
800.85
21
28900
43.350
17383.35
18207.00
823.65
22
29700
44.550
17864.55
18711.00
846.45
23
30600
45.900
18405.90
19278.00
872.10
24
31500
47.250
18947.25
19845.00
897.75
25
32400
48.600
19488.60
20412.00
923.40
26
33300
49.950
20029.95
20979.00
949.05
27
34200
51.300
20571.30
21546.00
974.70
28
35100
52.650
21112.65
22113.00
1000.35
29
35200
52.800
21172.80
22176.00
1003.20
30
36200
54.300
21774.30
22806.00
1031.70
31
37200
55.800
22375.80
23436.00
1060.20
32
38200
57.300
22977.30
24066.00
1088.70
33
39300
58.950
23638.95
24759.00
1120.05
34
40400
60.600
24300.60
25452.00
1151.40
35
42000
63.000
25263.00
26460.00
1197.00
36
43200
64.800
25984.80
27216.00
1231.20
37
44400
66.600
26706.60
27972.00
1265.40
38
45600
68.400
27428.40
28728.00
1299.60
39
46800
70.200
28150.20
29484.00
1333.80
40
48100
72.150
28932.15
30303.00
1370.85
41
49400
74.100
29714.10
31122.00
1407.90
42
50700
76.050
30496.05
31941.00
1444.95
43
52000
78.000
31278.00
32760.00
1482.00
410
0.615
246.62
258.30
11.69
1030
1.545
619.55
648.90
29.36

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