The Indian Bank’s Association (IBA) on February 06, 2026, issued the notification regarding the Relief payable to Pensioners for the period February 2026 to July 2026.
The following has been stated namely: -
• The confirmed All India Average Consumer Price Index (CPI-IW) for the quarter ended December 2025 stands at 9731.50 (1960=100 series) and 148.03 (2016=100 series), based on October–December 2025 data.
• As per Bank Employees' Pension Regulations, Dearness Relief (DR) is payable to pensioners at rates specified in Appendix II of the Regulations.
• Reference is made regarding DR neutralization for pre-November 01,.2002 retirees and family pensioners, including provision of ex-gratia payment to a specific group of pensioners.
• Based on the CPI average for the quarter, revised Dearness Relief becomes applicable for the period February 2026 to July 2026.
• Pending formal amendments to the Pension Regulations, banks are advised to pay the applicable Dearness Relief on an ad hoc basis as per the Annexure.
[Notification No. CIR/HR&IR/76/D/2025-26/2911]
