DA for Bank Employees from August 2026 to October 2026 as per 11th BPS – IBA ORDER
Indian Banks’ Association
HR & Industrial Relations
No.CIR/HR&IR/76/D/2026-27/3435
August 3, 2026
All Members of the Association
(Who are yet to implement 12th BPS/9th Joint note signed on 08.03.2024 – Designated Officers)
Dear Sir/ Madam,
Dearness Allowance for Workmen and Officer Employees in banks for the months of August, September and October 2026 under XI BPS/ 8TH Joint Note dated 11.11.2020
The confirmed All India Average Consumer Price Index for Industrial Workers (Base 1960= 100) for the quarter ended June 2026 are as follows:-
Aril 2026 – 9854.21
May 2026 – 9913.38
June 2026 – 9985.69
The average CP! of the above is 9917.76 and accordingly the number of DA slabs are 891 (9917.76 – 6352 = 3565.76/4 = 891 slabs).
Also Read : DA for Bank Employees from August 2026 to October 2026 as per 12th BPS – IBA ORDER
In terms of clause 7 of the 11th Bipartite Settlement dated 11.11.2020 and clause 3 of the Joint Note dated 11.11.2020, the rate of Dearness Allowance payable to Workmen and Officer employees for the months of August, September and October 2026 shall be 62.37% of pay’. While arriving at dearness allowance payable, decimals from third place may please be ignored.
Yours faithfully
Arvind Misra
Senior Advisor (HR&IR)
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