A big piece of good news for bank employees!
The Dearness Allowance (DA) for the upcoming quarter of November 2026 to January 2027 is expected to witness a substantial increase of 3.50 percentage points, taking the DA rate from the existing 27.83% to 31.33%.
This increase will provide additional financial relief to bank employees amid rising living costs and inflation.
📊 How is the New DA Calculated?
The DA calculation is based on the Consumer Price Index (CPI) figures for the relevant three-month period.
The CPI figures for July, August and September 2026 are as follows:
| Month | CPI |
|---|---|
| July 2026 | 153.2 |
| August 2026 | 154.4 |
| September 2026 | 155.5 |
| Average CPI (as reported) | 154.36 |
🧮 Calculation of Revised DA
As per the calculation shared:
New DA = Average CPI – 123.03
= 154.36 – 123.03
= 31.33%
📈 Comparison of DA Rates
Existing DA: 27.83%
Expected revised DA: 31.33%
Increase: 3.50 percentage points
🎯 What Does This Mean for Bank Employees?
The proposed increase of 3.50 percentage points in DA will enhance the monthly salary of bank employees for the November 2026 – January 2027 quarter.
This increase is particularly significant as it reflects the impact of inflation on the cost of living and provides corresponding relief to employees.
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