The Dearness Allowance (DA) for bank officers has been updated for the period from November 2024 to January 2025, based on the All India Consumer Price Index (CPI) for Industrial Workers. From November 1, 2024, the revised DA rate for officers will be 19.83%. This rate applies across industry-level scales, up to Scale VII, and includes State Bank of India (SBI). The detailed DA rates for various stages of basic pay are provided on the following page for reference.
| DA Payable for the months – Nov 24 to Jan 25 | |
| Index for Months: | Index as per 2016 series |
| Jul.24 | 142.70 |
| Aug.24 | 142.60 |
| Sep.24 | 143.30 |
| Average | 142.87 |
| New DA Rate (over 123.03) | 19.83% |
| DA Rate for Previous Quarter | 17.20% |
| Increase | 2.63% |
