Which CPI months determine Bank DA from November 2026?

The Bank DA for the November 2026 to January 2027 quarter is calculated based on the 3-month average of the All India Consumer Price Index for Industrial Workers (AICPI-IW, 2016=100) for July 2026, August 2026, and September 2026.

How is Bank DA calculated under the 12th Bipartite Settlement (12th BPS)?

Under 12th BPS, DA is paid at 0.045% per slab of 4 points (0.01125% per point) of AICPI (2016=100) above 123.03. The formula is: Bank DA % = (Quarterly Average CPI − 123.03) × 0.01125% × 100.

How much will SBI and PSB bank employee salaries increase from November 2026?

With an expected DA increase of +0.79% to +2.37%, starting Clerks will see a monthly gross salary gain of ₹380 to ₹1,140, while Scale I Officers will see an increase of ₹770 to ₹2,310 per month (varying with basic pay and special allowance).

What is the schedule for quarterly Bank DA revisions in 2026 and 2027?

Bank DA is revised every 3 months: February quarter (based on Oct–Dec CPI), May quarter (based on Jan–Mar CPI), August quarter (based on Apr–Jun CPI), and November quarter (based on Jul–Sep CPI).

Do bank pensioners get the expected DA hike from November 2026?

Yes. Bank pensioners who retired under the 12th BPS (on or after November 1, 2022) receive the exact same revised DA rate (28.62%–30.20%) on their basic pension from November 2026. Pre-November 2022 retirees also receive a proportionate quarterly dearness relief hike.

Does Bank DA apply on Special Allowance under 12th BPS?

Yes. In Public Sector Banks (SBI, PNB, Canara, BoB, etc.), Dearness Allowance is paid on both Basic Pay and Special Allowance, significantly increasing total monthly in-hand take-home compensation.

When will the official IBA circular for November 2026 DA be released?

The Indian Banks' Association (IBA) issues the official Bank DA notification during the final week of October 2026 or early November 2026, immediately after the Labour Bureau publishes the September 2026 AICPI index.

Expected DA for Bankers from Nov 2026: 12th BPS Calculator

By Rohit Kushwaha Updated: August 2026 7 Min Read

Under the Indian Banks' Association (IBA) and the 12th Bipartite Settlement (12th BPS), Dearness Allowance (DA) for bank employees and pensioners is revised on a quarterly basis. The upcoming revision, effective from November 1, 2026 to January 31, 2027, depends on the Consumer Price Index (AICPI-IW) numbers for July, August, and September 2026.

Following the August 2026 quarter hike to 27.83%, early inflationary trends in staple commodities indicate a further upward momentum for bank salaries and pensions in the November 2026 quarter.

1. Expected Bank DA Scenarios for November 2026

Projections based on quarterly average AICPI-IW (2016=100) indices:

Inflation Scenario	Avg 3-Month AICPI	Expected Bank DA %	Net DA Increase
Conservative Inflation	~ 141.50	28.62%	+ 0.79% (+18 Slabs)
Moderate Inflation (Most Likely)	~ 142.50	29.41%	+ 1.58% (+35 Slabs)
High Inflation	~ 143.50	30.20%	+ 2.37% (+52 Slabs)

2. Impact on Bank Employee Salaries (Clerk to Scale IV)

Estimated monthly salary increases across Public Sector Banks (SBI, PNB, Canara Bank, Union Bank, BoB, etc.) under the moderate +1.58% DA hike scenario:

Designation / Cadre	12th BPS Basic Pay	Current DA @ 27.83%	Expected DA @ 29.41%	Monthly Gain
Bank Clerk (Starting)	₹24,050	₹8,467	₹8,948	+ ₹481 / mo
Officer Scale I (Starting)	₹48,480	₹17,067	₹18,036	+ ₹969 / mo
Officer Scale II (Manager)	₹64,820	₹22,815	₹24,111	+ ₹1,296 / mo
Officer Scale III (Senior Manager)	₹85,920	₹30,242	₹31,959	+ ₹1,717 / mo
Officer Scale IV (Chief Manager)	₹1,02,300	₹36,007	₹38,052	+ ₹2,045 / mo

* Note: Calculations include DA payable on Special Allowance (~26.5% of Basic Pay) as agreed under the 12th BPS.

3. How Bank DA is Calculated (12th BPS Formula)

Bank DA % = (Quarterly Avg AICPI − 123.03) × 0.01125% × 100

Where 123.03 is the base index (2016=100) linked to the 8,088 merger points under the 12th Bipartite Settlement.

4. Annual Bank DA Revision Schedule

November to January Quarter

Based on CPI of July, August, September (Announced late October).

February to April Quarter

Based on CPI of October, November, December (Announced late January).

May to July Quarter

Based on CPI of January, February, March (Announced late April).

August to October Quarter

Based on CPI of April, May, June (Announced late July).

Frequently Asked Questions (FAQs)

The expected DA for bankers from November 2026 (effective Nov 2026 to Jan 2027) is projected between 28.62% and 30.20% under the 12th Bipartite Settlement. This represents an estimated increase of +0.79% to +2.37% over the current August-October 2026 DA rate of 27.83%.

Calculate full 12th BPS Bank Salary with allowances?Use our comprehensive IBA Bank Salary Calculator for complete pay slip generation and HRA tiers.

IBA Bank Calculator

Rohit Kushwaha

Software Engineer & Creator of mysalarycalculator.in

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I'm Rohit Kushwaha, a Software Engineer with 3+ years of experience in developing web applications and digital solutions. By combining technology with practical financial tools, I built mysalarycalculator.in to help Indian professionals easily understand their salary, taxes, EPF, gratuity, and take-home income.

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Expected DA for Bankers from Nov 2026: 12th BPS Calculator & Rates

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