Dearness Relief to Bank Pensioners from Aug 2025 to January 2026 : IBA Order
Indian Banks’ Association
HR & INDUSTRIAL RELATIONS
No.CIR/HR&IR/D/G2/2025-26/2387
August 01, 2025
Designated Officers of all Member Banks
which are parties to the Bipartite Settlement on Pension
Dear Sir / Madam,
Dearness Relief payable to Pensioners for the period August 2025 to January 2026
The confirmed All India Average Consumer Price Index Numbers for Industrial Workers for the quarter ended June 2025 are as follows:-
| Month & Year | 1960 = 100 series | 2016 = 100 series |
| April 2025 | 9433.49 | 143.5 |
| May 2025 | 9466.36 | 144.0 |
| June 2025 | 9532.10 | 145.0 |
| CPI Average | 9480.00 | 144.16 |
In terms of Regulation 37 of Bank Employees’ Pension Regulations, 1995 Dearness Relief is payable to pensioners at rates specified in Appendix II to the Regulations.
Also Read: Bank Dearness Relief from Aug 2025 to Jan 2026 for pre 1986 retirees : IBA Order
Further, we draw your attention to our circular HR&IR/MBR/G2/0533 dated 16.10.2023, wherein we have communicated about DR neutralization for pre 01.11.2002 retirees and family pensioners. The amount of ex-gratia to be paid, to a group of pensioners, was also mentioned therein.
Pending amendments to Pension Regulations, Banks may pay on ad hoc basis, the Dearness Relief payable to pensioners for the period August 2025 to January 2026 as per Annexure.
Yours faithfully,
Brajeshwar Sharma
Senior Advisor (HR&IR)
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