:::::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. 97 DATED 31.10.2011


AIBOC issued its circular No. 97 dated 31.10.2011 on Dearness Allowance to be paid from November 2011 onwards. We are reproducing the same here for our readers.

CIRCULAR NO.97                                                                              31-10-2011

TO ALL AFFILIATES/MEMBERS

DEARNESS ALLOWANCE

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

 Month                                    Index as per                Conversion                  Index as per
                                    2001 series                 Factor                          1960 series
July      2011                            193                  4.63 x 4.93                  4405.39
Aug     2011                            194                  4.63 x 4.93                  4428.22
Sept     2011                            197                  4.63 x 4.93                  4496.70
                                                                        Total                            13330.31
                                                Average =       13330.31/3                  4443.44
            Difference in excess of 2836 points                            1607.44
            D.A.paid for the previous quarter on (i.e. 360x4)      1440.04                     
            Difference                                                                                  167.40
            Increase in number of Slabs =     167.40/4      =             41.85                                                   
Accordingly, Dearness Allowance is payable to Officers on 401 (i.e. 360+41)
slabs with effect from 01-11-2011 as against 360 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


STAGES
BASIC
CONVERSION
EXISITING-DA
REVISED-DA
DIFFERENCE

PAY
FACTOR
360
401
 DA
1
14500
21.750
7830.00
8721.75
891.75
2
15100
22.650
8154.00
9082.65
928.65
3
15700
23.550
8478.00
9443.55
965.55
4
16300
24.450
8802.00
9804.45
1002.45
5
16900
25.350
9126.00
10165.35
1039.35
6
17500
26.250
9450.00
10526.25
1076.25
7
18100
27.150
9774.00
10887.15
1113.15
8
18700
28.050
10098.00
11248.05
1150.05
9
19400
29.100
10476.00
11669.10
1193.10
10
20100
30.150
10854.00
12090.15
1236.15
11
20900
31.350
11286.00
12571.35
1285.35
12
21700
32.550
11718.00
13052.55
1334.55
13
22500
33.750
12150.00
13533.75
1383.75
14
23300
34.950
12582.00
14014.95
1432.95
15
24100
36.150
13014.00
14496.15
1482.15
16
24900
37.350
13446.00
14977.35
1531.35
17
25700
38.550
13878.00
15458.55
1580.55
18
26500
39.750
14310.00
15939.75
1629.75
19
27300
40.950
14742.00
16420.95
1678.95
20
28100
42.150
15174.00
16902.15
1728.15
21
28900
43.350
15606.00
17383.35
1777.35
22
29700
44.550
16038.00
17864.55
1826.55
23
30600
45.900
16524.00
18405.90
1881.90
24
31500
47.250
17010.00
18947.25
1937.25
25
32400
48.600
17496.00
19488.60
1992.60
26
33300
49.950
17982.00
20029.95
2047.95
27
34200
51.300
18468.00
20571.30
2103.30
28
35100
52.650
18954.00
21112.65
2158.65
29
35200
52.800
19008.00
21172.80
2164.80
30
36200
54.300
19548.00
21774.30
2226.30
31
37200
55.800
20088.00
22375.80
2287.80
32
38200
57.300
20628.00
22977.30
2349.30
33
39300
58.950
21222.00
23638.95
2416.95
34
40400
60.600
21816.00
24300.60
2484.60
35
42000
63.000
22680.00
25263.00
2583.00
36
43200
64.800
23328.00
25984.80
2656.80
37
44400
66.600
23976.00
26706.60
2730.60
38
45600
68.400
24624.00
27428.40
2804.40
39
46800
70.200
25272.00
28150.20
2878.20
40
48100
72.150
25974.00
28932.15
2958.15
41
49400
74.100
26676.00
29714.10
3038.10
42
50700
76.050
27378.00
30496.05
3118.05
43
52000
78.000
28080.00
31278.00
3198.00

410
0.615
221.40
246.62
25.22

1030
1.545
556.20
619.55
63.35

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