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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

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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. theonlyheatiswarmblood

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

  5. RAVI SHANKAR KUMAR

    good morning friend

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