To calculate Expected DA For Bankers from Feb 2025, you need to enter values for CPI for the month of October 2024.
Then, enter the values for November 2024 and December 2024.
Expected CPI figures already mentioned. In case of need you may change it according to your need.
Then you need to click on button Calculate Dearness Allowance.
Results will appear.
Expected BANK DA Calculator
Average CPI
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Difference from Base CPI
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Bank DA Percentage
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From February 2025, bankers will get more money as Dearness Allowance (DA) to help with rising prices.
This depends on the Consumer Price Index (CPI), which measures how much daily items like food and other needs cost.
The CPI for October 2024 was announced on December 5, 2024, showing an increase compared to September.
If prices go up a lot:
The CPI may increase by 1.10 points in November and 0.90 points in December.
DA could increase by 2.67%, so bankers would get 22.50% DA in total.
If prices go up a bit less:
The CPI may increase by 0.90 points in both November and December.
DA could increase by 2.54%, so bankers would get 22.37% DA in total.
If prices go up slowly:
The CPI may increase by 0.75 points in November and 0.60 points in December.
DA could increase by 2.34%, so bankers would get 22.17% DA in total.
In simple terms, the extra DA will be between 22.17% and 22.50%, depending on how much prices go up in the coming months.
This helps bankers manage their family expenses as prices for food and other daily needs keep rising.
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