DA for Bank Employees from August 2026 to October 2026 as per 12th BPS – IBA ORDER
Indian Banks’ Association
HR Industrial Relations
No.CIR/HREtIR/771D12026-27/3434
August 3, 2026
All Members of the Association
(Designated Officers)
Dear Sir/ Madam,
Dearness Allowance for Workmen and Officer Employees in banks for the months of August, September and October 2026 under XII BPS/ 9TH Joint Note dated 08.03.2024
The confirmed All India Average Consumer Price Index for Industrial Workers (Base 2016 -100) for the quarter ended June 2026 are as follows:-
April 2026 149.9
May 2026 150.8
June 2026 151.9
The average CPI of the above is 150.86 and accordingly the number of points over 123.03 are 27.83 (150.86 – 123.03).
Also Check : Expected DA Calculator for Bank Employees
In terms of clause 13 of the 12th Bipartite Settlement dated 08.03.2024 and clause 2 (i) of the Joint Note dated 08.03.2024, the rate of Dearness Allowance payable to Workmen and Officer employees for the months of August, September and October 2026 shall be 27.83% of ‘ pay’ (0.01 % change in DA on ‘pay’ for change in every second decimal place of CPI 2016 over 123.03 points)
Yours faithfully,
Arvind Misra
Senior Advisor (HR&IR)
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