:::::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. 45 DATED 01.05.2012


AIBOC issued its circular No. 45 dated 01.05.2012 on DA payable from 01.05.2012.
We are placing the same here for our readers.

CIRCULAR NO.45                                                    01-05-2012

TO ALL AFFILIATES/MEMBERS

DEARNESS ALLOWANCE

The Index Numbers for the quarter ended  March 2012  are as under:

Month                          Index as per           Conversion              Index as per
                                      2001 series                            Factor                 1960 series

Jan 2012                               198                 4.63 x 4.93                    4519.52                  
Feb 2012                               199                 4.63 x 4.93                    4542.35
March 2012                           201                 4.63 x 4.93                    4588.00

                                                                        Total                          13649.87
                                                Average =           13649.87/3               4549.96
           
Difference in excess of 2836 points                                                 1713.96
D.A. paid for the previous quarter on (i.e. 420x4)                               1680.00
Difference                                                                                                33.96
Increase in number of Slabs =          33.95/4       =                               8.49                                   

Accordingly, Dearness Allowance is payable to Officers on 428 (i.e. 420+8) slabs with effect from 01-05-2012 as against 420 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 MAY 2012 TO  30TH  JULYL  2012

RATE OF D.A. 0.15% PER SLAB (428 X 0.15= 64.20%)


STAGES
BASIC
CONVERSION
EXISITING-DA
REVISED-DA
DIFFERENCE



PAY
FACTOR
420
428
 DA


1
14500
21.750
9135.00
9309.00
174.00


2
15100
22.650
9513.00
9694.20
181.20


3
15700
23.550
9891.00
10079.40
188.40


4
16300
24.450
10269.00
10464.60
195.60


5
16900
25.350
10647.00
10849.80
202.80


6
17500
26.250
11025.00
11235.00
210.00


7
18100
27.150
11403.00
11620.20
217.20


8
18700
28.050
11781.00
12005.40
224.40


9
19400
29.100
12222.00
12454.80
232.80


10
20100
30.150
12663.00
12904.20
241.20


11
20900
31.350
13167.00
13417.80
250.80


12
21700
32.550
13671.00
13931.40
260.40


13
22500
33.750
14175.00
14445.00
270.00


14
23300
34.950
14679.00
14958.60
279.60


15
24100
36.150
15183.00
15472.20
289.20


16
24900
37.350
15687.00
15985.80
298.80


17
25700
38.550
16191.00
16499.40
308.40


18
26500
39.750
16695.00
17013.00
318.00


19
27300
40.950
17199.00
17526.60
327.60


20
28100
42.150
17703.00
18040.20
337.20


21
28900
43.350
18207.00
18553.80
346.80


22
29700
44.550
18711.00
19067.40
356.40


23
30600
45.900
19278.00
19645.20
367.20


24
31500
47.250
19845.00
20223.00
378.00


25
32400
48.600
20412.00
20800.80
388.80


26
33300
49.950
20979.00
21378.60
399.60


27
34200
51.300
21546.00
21956.40
410.40


28
35100
52.650
22113.00
22534.20
421.20


29
35200
52.800
22176.00
22598.40
422.40


30
36200
54.300
22806.00
23240.40
434.40


31
37200
55.800
23436.00
23882.40
446.40


32
38200
57.300
24066.00
24524.40
458.40


33
39300
58.950
24759.00
25230.60
471.60


34
40400
60.600
25452.00
25936.80
484.80


35
42000
63.000
26460.00
26964.00
504.00


36
43200
64.800
27216.00
27734.40
518.40


37
44400
66.600
27972.00
28504.80
532.80


38
45600
68.400
28728.00
29275.20
547.20


39
46800
70.200
29484.00
30045.60
561.60


40
48100
72.150
30303.00
30880.20
577.20


41
49400
74.100
31122.00
31714.80
592.80


42
50700
76.050
31941.00
32549.40
608.40


43
52000
78.000
32760.00
33384.00
624.00



410
0.615
258.30
263.22
4.92



1030
1.545
648.90
661.26
12.36

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