Corporate Compliance 4 November 2026
Bank Dearness Allowance Set at 31.33% for Nov‑26 to Jan‑27
The government has announced that bank employees will receive a Dearness Allowance of 31.33% for the months of November 2026, December 2026 and January 2027. The increase is applied under the XII BPS schedule and will be reflected in the upcoming salary bill processing, ensuring higher take‑home pay for eligible staff during this period.
Bank Dearness Allowance Update
- Effective rates: 31.33% for November 2026, December 2026 and January 2027.
- Applied under the XII BPS schedule for bank employees.
- Salary bill processing will reflect the increased allowance from the next pay cycle.
For full details see the official notification here.
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