DA for Bank Employees from Nov 2026 to Jan 2027 as per 12th BPS – IBA ORDER

DA for Bank Employees from Nov 2026 to Jan 2027 as per 12th BPS – IBA ORDER

Indian Banks’ Association

HR & Industrial Relations

No.CIR/HR&IR/D/2026-27/3690-A

November 02, 2026

All Members of the Association
(Designated Officers)

Dear Sir/ Madam,

Dearness Allowance for Workmen and Officer Employees in banks for the months of November, December 2026 and January 2027 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 September 2026 are as follows:-

The average CPI of the above is 154.36 and accordingly the number of points over 123.03 are 31.33 (154.36 – 123.03) The last average quarterty CP1 was 150.86. Hence, there is an increase of 3.50 points for November, December 2026 and January 2027.

Also Check : Bank DA Calculator

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 November, December 2026 and January 2027 shall be 31.33% of ‘pay’ (0.01 % change in DA on ‘pay’ for change in every second decimal place of CPI 2016 over 123.03 points)

Also read: 11th BPS Bank DA Nov 2026 to Jan 2027: Dearness Allowance for Bank Employees – IBA ORDER

Yours faithfully
Arvind Misra
Senior Advisor (HR&IR)

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