DA for Bank Employees from May 2026 to July 2026 as per 12th BPS – IBA ORDER
Indian Banks’ Association
HR & Industrial Relations
No.CIR/HR&IR/76/D/2026-27/3173
May 2, 2026
All Members of the Association
(Designated Officers)
Dear Sir/ Madam,
Dearness Allowance for Workmen and Officer Employees in banks for the months of May, June and July 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 March 2026 are as follows:-
| Month | Index |
| Jan-26 | 148.6 |
| Feb-26 | 148.5 |
| Mar-26 | 149.1 |
The average CPI of the above is 148.73 and accordingly the number of points over 123.03 are 25.70 (148.73 – 123.03) The last average quarterly CPI was 148.03. Hence, there is an increase of 0.70 points for May, June and July 2026
👉 Also Read: DA for Bank Employees from May 2026 to July 2026 as per 11th BPS – IBA ORDER
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 May, June and July 2026 shall be 25.70% 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
Sd/-
Arvind Misra
Senior Advisor (HR&IR)
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