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1st April 2016, 04:16 PM
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Join Date: May 2012
Re: Syndicate Bank Employees Details

Syndicate Bank is one of the oldest and major commercial banks of India. It was founded by T M A Pai, Upendra Pai and Vaman Kudva. At the time of its establishment, the bank was known as Canara Industrial and Banking Syndicate Limited.

As you asking for the details of the Dearness relief paid to the Retired Employees of the Syndicate bank


Pensioners who retired on or after 01.01.1986 but before 01.11.1992 / 0 1.07.1993
(Slabs 1386)
Basic Pension Dearness relief
i. Upto 1250 928.62%
ii. 1251 to 2000 11607.75 + 762.30% of basic pension in excess of 1250.00
iii. 2001 to 2130 17325.00 + 457.38% of basic pension in excess of 2000.00
iv. Above 2130 17919.59 + 235.62% of basic pension in excess of 2130.00

Pensioners who retired on or after 01.11.1992 / 01.07.1993 (Slabs 1249)
Basic Pension Dearness relief
i. Upto 2400 437.15%
ii. 2401 to 3850 10491.60 + 362.21% of basic pension in excess of 2400.00
iii. 3851 to 4100 15743.64 + 212.33% of basic pension in excess of 3850.00
iv. Above 4100 16274.46 + 112.41% of basic pension in excess of 4100.00
Pensioners who retired on or after 01.04.1998 (Slabs 1115)

Basic Pension Dearness relief

Upto 3550 267.60%

3551 to 5650 9499.80 + 223.00% of basic pension in excess of 3550.00

5651 to 6010 14182.80 + 133.80% of basic pension in excess of 5650.00

Above 6010 14664.48 + 66.90% of basic pension in excess of 6010.00

for nay queiry you may contact to the syndicate bank on their Helpline number the number is as follow : 080-22260281


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