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Home ยป Expected Bank DA Calculator for Bank Employees

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Expected Bank DA Calculator for Bank Employees

Last Modified: March 3, 2023

Expected Bank DA Calculator for Bank Employees

Expected Dearness Allowance (DA) Calculator from February 2020 for Bank Employees

A simple online calculator to predetermine the percentage of Dearness allowance to existing bank employees and officers only, not for pensioners.

Central DA Vs Bank DA

The Bank DA calculation slightly varies from the calculation of Central DA. The Central DA never goes down from the existing level, i.e., the percentage of Dearness Allowance will remain the same or go higher only.

Central DA calculation is based on six months of data of AICPIN. Whereas the bank DA announced once in three months and also the calculation of DA is based on AICPIN for three months. For more understanding, DA Chart is given below.

CLICK TO CALCULATE BANK DA 2020

Filed Under: Expected DA

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What is what?

What is Pay Matrix?
Pay Matrix is a number table designed by 7th Central Pay Commission and recommended for all group of CG Employees and Officers with effect from 1.1.2016 – click to know more

What is Pay Matrix Level?
The nomenclature being used in the new pay matrix assigns levels in place of erstwhile grade pay – click to know more

What is Fitment Factor or Fitment Benefit?
Fitment Factor is a common multiplication number, which is used for arriving a common result – click to know more

What is Terms of Reference?
A key report with instructions given to the Committee or Group – click to know more

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