:::::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. 04 DATED 31.01.2013

AIBOC issued its circular No. 04 dated 31.01.2013 on the Dearness Allowance to be paid w.e.f. 01.02.2013. We are placing the circular here for our readers.

CIRCULAR NO.04                                                         31-01-2013

TO ALL AFFILIATES/MEMBERS

DEARNESS ALLOWANCE

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

Month
Index as per 2001 series
Conversion Factor
Index as per 1960 series
Oct 2012
217
4.63 x 4.93
4953.22
Nov 2012
218
4.63 x 4.93
4976.04
Dec 2012
219
4.63 x 4.93
4998.87

Total

14928.13
Average =
14928.13/13

4976.04
Difference in excess of 2836 points

2140.04
D.A. paid for the previous quarter on (i.e. 510 x 4)
2040.00
Difference


100.13
Increase in number of slabs
100.04/4=
25.01

Accordingly, Dearness Allowance is payable to Officers on 535 (i.e. 510+25) slabs with effect from 01-02-2013 as against 510 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/-
(D.S.RISHABADAS)
GENERAL SECRETARY

D.A. PAYABLE FROM I ST FEBRUARY 13 TO  30TH  APRIL  2013

RATE OF D.A. 0.15% PER SLAB (535 X 0.15= 80.25%)



STAGES
BASIC
CONVERSION
EXISITING-DA
REVISED-DA
DIFFERENCE



PAY
FACTOR
510
535
 DA


1
14500
21.750
11092.50
11636.25
543.75


2
15100
22.650
11551.50
12117.75
566.25


3
15700
23.550
12010.50
12599.25
588.75


4
16300
24.450
12469.50
13080.75
611.25


5
16900
25.350
12928.50
13562.25
633.75


6
17500
26.250
13387.50
14043.75
656.25


7
18100
27.150
13846.50
14525.25
678.75


8
18700
28.050
14305.50
15006.75
701.25


9
19400
29.100
14841.00
15568.50
727.50


10
20100
30.150
15376.50
16130.25
753.75


11
20900
31.350
15988.50
16772.25
783.75


12
21700
32.550
16600.50
17414.25
813.75


13
22500
33.750
17212.50
18056.25
843.75


14
23300
34.950
17824.50
18698.25
873.75


15
24100
36.150
18436.50
19340.25
903.75


16
24900
37.350
19048.50
19982.25
933.75


17
25700
38.550
19660.50
20624.25
963.75


18
26500
39.750
20272.50
21266.25
993.75


19
27300
40.950
20884.50
21908.25
1023.75


20
28100
42.150
21496.50
22550.25
1053.75


21
28900
43.350
22108.50
23192.25
1083.75


22
29700
44.550
22720.50
23834.25
1113.75


23
30600
45.900
23409.00
24556.50
1147.50


24
31500
47.250
24097.50
25278.75
1181.25


25
32400
48.600
24786.00
26001.00
1215.00


26
33300
49.950
25474.50
26723.25
1248.75


27
34200
51.300
26163.00
27445.50
1282.50


28
35100
52.650
26851.50
28167.75
1316.25


29
35200
52.800
26928.00
28248.00
1320.00


30
36200
54.300
27693.00
29050.50
1357.50


31
37200
55.800
28458.00
29853.00
1395.00


32
38200
57.300
29223.00
30655.50
1432.50


33
39300
58.950
30064.50
31538.25
1473.75


34
40400
60.600
30906.00
32421.00
1515.00


35
42000
63.000
32130.00
33705.00
1575.00


36
43200
64.800
33048.00
34668.00
1620.00


37
44400
66.600
33966.00
35631.00
1665.00


38
45600
68.400
34884.00
36594.00
1710.00


39
46800
70.200
35802.00
37557.00
1755.00


40
48100
72.150
36796.50
38600.25
1803.75


41
49400
74.100
37791.00
39643.50
1852.50


42
50700
76.050
38785.50
40686.75
1901.25


43
52000
78.000
39780.00
41730.00
1950.00



410
0.615
313.65
329.03
15.38



1030
1.545
787.95
826.58
38.63




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