Public Sector Bank Dearness Allowance for Nov 2016 is being hiked by 23 slabs to 478 or by 2.70% . Salary of the bank employees will be increased by 2.7% from the month of November 2016. New Dearness Allowance will be 47.8% .
Read : Dearness Allowance For Bank Employees
[highlight]What is the Difference Between EPF and EPS ?[/highlight]
Dearness allowance at each of the scale i.e. from Clerical to General manager will be increased by 23 slabs. The updated Dearness allowance (DA) details including each month slabs will be updated soon at Indian Bank Association [highlight](IBA)@DA details.[/highlight].