Bank Wage Revision Arrears Calculation

Bank Wage Revision Arrears Calculation – Calculate the 10th Bipartite Settlement Calculation with new Gross Salary and arrears paid. The IBA has settled the 10th Bipartite for bankers at 15% on basic pay.

Earlier the 60.15% DA was already merged with the current basic to make a new Basic Pay.

Calculate Your Arrears for 10th Bipartite Settlement : Click Here or Click Here

The Officers New Pay Structure applicable from 01-11-2012 :

Basic Pay Structure Slab : Rs 23700 to 85000.

Dearness Allowance @0.10% per slab reduced from 0.15% – as on May  33.70%

Special Allowances :  Scale I,II,III @ 7.75% + DA@33.70% and Scale IV & V @ 10% +DA and Scale VI and VII @ 11% +DA.
House Rent Allowance :  will be paid@ 7 , 8 and 9% i.e Major A Class Cities 9% | Other Places In Area 1 8% | All Others 7% |

City Compensatory Allowance : Lower CCA  – 3% Maximum of Rs.600/-  Higher CCA – 4% Maximum of Rs.870/-

Medical aid : Upto Scale III – Rs.8000  and above Scale III – Rs.9050.

Stagnation Increment : One additional increment for Scale II, Scale -III & Scale – IV.
For Clerks :

Clerk:   11765 – 655/3 –815/3 –980/3 –1145/7 –2120 –1310/1– 31540 – 1310 x 8 = 42,020


Substaff :   9560 – 325/4 – 410 /5 – 490/4 – 570/3 – 655/3 – 18545 – 655 x 8 = 23785


Stagnation increments: 8 : Substaff: 8 x 2 years  ; Clerk : 5 x 3 years + 3 x 2 years

  1. Dearness Allowance: 0.10 % per slab of 4 points over 4440 points
  2. HRA : 45 lacs and above: 10 % ;  12-45 lacs & Goa : 9 % ; other centres : 7.5 %
  3. Transport Allowance: upto 15th Stage : Rs. 425 and others : Rs. 470
  4. Special Pay:  7.75 % of Basic pay + DA 

  5. i) SWO-B: 820;         Head cashier: 1280;       Spl. Asst. 1930

  6. ii) Armed Guard/Bill Collector: 390;    Daftary: 560;    Head Peon: 740;     
              Driver: 2370; Electrician/AC Plant Helper: 2040,     Head messenger in IOB: 1630

  7. PQP : Rs. 410,  800,  1210 , 1620,  2010

  8. FPP :                    Clerk:           Rs.  1310 /  1580, 1570, 1550, 1550 / 1450

                                 Substaff:      Rs.    655 /  790,     890,    780,   780 /   730

Medical Aid :   Rs. 2200 per year

Calculate Your Arrears for 10th Bipartite Settlement : Click Here or Click Here

5 Comments
  1. what rubbish has been done about stagnation increments of clerks by our unions.

  2. I believe that who has make this chart he is highly thankful on behalf of bank workers

  3. Leaders are sold, victims of suitcase,the way they conduct negotiations & the end results are shocking

    History will not excuse them. Pity employees like us.

  4. Reply
    theonlyheatiswarmblood May 28, 2015 at 5:49 am

    Pure cheating to retired employees. Union leaders minted money from iba

  5. Reply
    RAVI SHANKAR KUMAR May 24, 2015 at 4:08 am

    good morning friend

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