F.No.11/2/2012-IR dated 17.12.2013, the Dearness Relief payable to surviving pre 1.1.1986 retirees of banks for the period February 2025 to July 2025 on Ex-gratia will be as under:
| Applicable CPI Average | Amount of Ex-gratia per month | Rate of Dearness Relief | Amount of Dearness Relief per month | Total Ex-gratia amount including Dearness Relief per month | |
| ₹ | % | ₹ | ₹ | ||
| 9481.70 | Pre 1.1.86 | 350 | 1487.40 | 5205.90 | 5555.90 |
| Surviving spouses of pre 1.1.86 retirees | 175 | 1487.40 | 2602.95 | 2777.95 |
2. However, you may be guided by IBA circular HR&IR/MBR/743/2022-23/ 11722 dated February 7, 2023, wherein we have sent an advisory to Banks, to consider additional ex-gratia payment over and above the amount being paid as per DFS guidelines so as to ensure that the surviving pre 1986 retired employee / surviving spouse of pre 1986 retired employee get a minimum of Rs.10000/- per month as Ex-gratia.
Yours faithfully,
Brajeshwar Sharma
Senior Advisor (HR&IR)
(Officiating Dy. Chief Executive)
https://drive.google.com/file/d/1gGPyZiitXHJwVAlmVL-l2CD0xxVxdBOE/view?usp=drivesdk
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