The 11th Bipartite Settlement governed the pay of employees in India’s public sector banks from 1 November 2017 to 31 October 2022. It was signed on 11 November 2020, almost three years after it took effect, and it has since been superseded by the 12th Bipartite Settlement.
It is closed, but it is not finished with. Pension for anyone who retired during those five years is fixed on 11th BPS pay, arrears from that period are still being checked, and the 12th Bipartite Settlement was built directly on top of these scales. The 11th BPS salary calculator below rebuilds the salary structure for any quarter of the settlement, using the dearness allowance rate that actually applied in that quarter.
11th Bipartite Settlement at a glance
- Effective from: 1 November 2017
- Signed on: 11 November 2020, along with the 8th Joint Note for officers
- Expired: 31 October 2022, superseded by the 12th Bipartite Settlement
- Wage bill increase: 15 per cent of the banks total wage bill, about ₹7,898 crore a year
- Dearness allowance merged into basic pay: 47.80 per cent, at CPI-IW 6352 points on the 1960=100 series
- Loading added on top: 2.50 per cent
- Clerical scale: ₹17,900 to ₹47,920, reaching ₹65,830 with stagnation increments
- Officer Scale I: ₹36,000 to ₹63,840
Why 11th Bipartite Settlement figures still matter
A closed settlement is still the operative document for four groups of people.
Anyone who retired between November 2017 and October 2022
Pension is computed on the average of the last ten months’ pay. For this cohort that average falls inside the 11th Bipartite Settlement, so the pension being drawn today rests on these scales and not on the 12th.
Anyone checking arrears
Because the settlement was signed three years after it took effect, every serving employee received a large arrears payment covering November 2017 onwards. Reconciling what was credited against what was due means rebuilding the old salary month by month.
Anyone working out their 12th Bipartite Settlement pay
The 12th Bipartite Settlement did not start from scratch. It took the 11th BPS basic pay, merged 30.38 per cent dearness allowance and added 3.22 per cent loading. If your 11th BPS basic was wrong, your 12th BPS basic is wrong too.
Gratuity, provident fund and service matters
Gratuity and provident fund for anyone who left during the period are computed on 11th BPS pay, and promotion, seniority and pay fixation disputes from those years are decided against these scales.
11th Bipartite Settlement pay scale
The workmen scales come from the settlement dated 11 November 2020 and the officer scales from the 8th Joint Note of the same date.
| Cadre or grade | First stage | Scale maximum |
|---|---|---|
| Clerical staff | ₹17,900 | ₹47,920 |
| Subordinate staff | ₹14,500 | ₹28,145 |
| Officer Scale I (JMGS-I) | ₹36,000 | ₹63,840 |
| Officer Scale II (MMGS-II) | ₹48,170 | ₹69,810 |
| Officer Scale III (MMGS-III) | ₹63,840 | ₹78,230 |
| Officer Scale IV (SMGS-IV) | ₹76,010 | ₹89,890 |
| Officer Scale V (SMGS-V) | ₹89,890 | ₹1,00,350 |
| Officer Scale VI (TEGS-VI) | ₹1,04,240 | ₹1,16,120 |
| Officer Scale VII (TEGS-VII) | ₹1,16,120 | ₹1,29,000 |
Scale notation
Clerical: 17900 - 1000/3 - 20900 - 1230/3 - 24590 - 1490/4 - 30550 - 1730/7 - 42660 - 3270/1 - 45930 - 1990/1 - 47920
Subordinate staff: 14500 - 500/4 - 16500 - 615/5 - 19575 - 740/4 - 22535 - 870/3 - 25145 - 1000/3 - 28145
Officer Scale I: 36000 - 1490/7 - 46430 - 1740/2 - 49910 - 1990/7 - 63840
Officer Scale II: 48170 - 1740/1 - 49910 - 1990/10 - 69810
Officer Scale III: 63840 - 1990/5 - 73790 - 2220/2 - 78230
Officer Scale IV: 76010 - 2220/4 - 84890 - 2500/2 - 89890
Officer Scale V: 89890 - 2500/2 - 94890 - 2730/2 - 100350
Officer Scale VI: 104240 - 2970/4 - 116120
Officer Scale VII: 116120 - 3220/4 - 129000
Stagnation increments
Clerical staff drew nine stagnation increments of ₹1,990 each, released once every two years, taking basic pay to ₹65,830. Subordinate staff drew nine of ₹1,000, reaching ₹37,145. Officers also drew stagnation increments under the joint note; the calculator carries them for every scale.
How the 11th BPS basic pay was arrived at
The settlement did not invent new figures. It took the 10th Bipartite Settlement scale, merged the dearness allowance payable at a fixed index point into basic pay, then added a loading on top.
New basic pay = old basic pay × (1 + DA merged) × (1 + loading)
For the 11th Bipartite Settlement that is 1.4780 × 1.0250, a fitment factor of about 1.51495. The merger point was 6352 index points on the CPI-IW 1960=100 series, which under the 10th BPS slab rate of 0.10 per cent per four points gave 47.80 per cent dearness allowance.
| Cadre or grade | 10th BPS first stage | 11th BPS first stage |
|---|---|---|
| Clerical staff | ₹11,765 | ₹17,900 |
| Subordinate staff | ₹9,560 | ₹14,500 |
| Officer Scale I (JMGS-I) | ₹23,700 | ₹36,000 |
| Officer Scale II (MMGS-II) | ₹31,705 | ₹48,170 |
| Officer Scale III (MMGS-III) | ₹42,020 | ₹63,840 |
| Officer Scale IV (SMGS-IV) | ₹50,030 | ₹76,010 |
| Officer Scale V (SMGS-V) | ₹59,170 | ₹89,890 |
| Officer Scale VI (TEGS-VI) | ₹68,680 | ₹1,04,240 |
| Officer Scale VII (TEGS-VII) | ₹76,520 | ₹1,16,120 |
Applied to the 10th Bipartite Settlement scales, that factor reproduces the signed 11th BPS figures with a largest error of 0.45 per cent across all nine cadres. The same method reproduces the 12th Bipartite Settlement from the 11th to within 0.17 per cent, which is why it is worth understanding: it is how every bank settlement since the 10th has been built.
11th Bipartite Settlement dearness allowance rates
Dearness allowance under the 11th Bipartite Settlement was 0.07 per cent of pay for every slab of four points above 6352 points in the quarterly average of the All India Average Working Class Consumer Price Index, base 1960=100. Note that this is per slab of four points, not per point. The 12th Bipartite Settlement uses a completely different formula, 1.00 per cent per single point above an index of 123.03 on the 2016=100 series, and the two must never be mixed.
Quarters began in February, May, August and November, each set by the index for the three months ending two months earlier. Every quarter of the settlement:
| Quarter | Slabs | DA payable |
|---|---|---|
| Nov 2017 to Jan 2018 | 38 | 2.66 per cent |
| Feb to Apr 2018 | 49 | 3.43 per cent |
| May to Jul 2018 | 51 | 3.57 per cent |
| Aug to Oct 2018 | 63 | 4.41 per cent |
| Nov 2018 to Jan 2019 | 129 | 9.03 per cent |
| Feb to Apr 2019 | 133 | 9.31 per cent |
| May to Jul 2019 | 167 | 11.69 per cent |
| Aug to Oct 2019 | 203 | 14.21 per cent |
| Nov 2019 to Jan 2020 | 239 | 16.73 per cent |
| Feb to Apr 2020 | 281 | 19.67 per cent |
| May to Jul 2020 | 283 | 19.81 per cent |
| Aug to Oct 2020 | 297 | 20.79 per cent |
| Nov 2020 to Jan 2021 | 341 | 23.87 per cent |
| Feb to Apr 2021 | 374 | 26.18 per cent |
| May to Jul 2021 | 367 | 25.69 per cent |
| Aug to Oct 2021 | 397 | 27.79 per cent |
| Nov 2021 to Jan 2022 | 434 | 30.38 per cent |
| Feb to Apr 2022 | 471 | 32.97 per cent |
| May to Jul 2022 | 472 | 33.04 per cent |
| Aug to Oct 2022 | 526 | 36.82 per cent |
The quarter from November 2021 to January 2022, at 434 slabs and 30.38 per cent, is the one the 12th Bipartite Settlement merged into basic pay. The last quarter of the settlement period, August to October 2022, ran at 36.82 per cent.
A note on where these figures come from
The settlement was signed in November 2020, three years after it took effect, so the Indian Banks’ Association issued no dearness allowance circular on the 6352 base before that date. The nine quarters from November 2020 onwards are each stated in an IBA circular. The eleven quarters before it exist only as retrospective arrear figures in secondary compilations. The calculator on this page marks which is which beside every quarter, rather than presenting them as equally authoritative.
Special allowance under the 11th Bipartite Settlement
Special allowance was introduced as a percentage of basic pay, and dearness allowance was payable on it as well, which made it the second largest element of pay.
| Cadre or grade | Special allowance on basic pay |
|---|---|
| Clerical staff, Subordinate staff, Officer Scale I to III | 16.40 per cent |
| Officer Scale IV and V | 19.00 per cent |
| Officer Scale VI and VII | 20.00 per cent |
Special allowance does not rank for superannuation. The clause is express: it “shall not be reckoned for superannuation benefits viz., pension including contribution to NPS, PF and Gratuity.” This is the single most consequential sentence in the settlement for anyone computing a pension or a gratuity, and it is the reason a figure taken from gross salary will always come out too high. The 12th Bipartite Settlement raised these rates to 26.50, 28.30, 30.50 and 31.50 per cent.
House rent allowance under the 11th Bipartite Settlement
The two cadres are on completely different bases, and conflating them is a common error.
| Who | Rate |
|---|---|
| Clerical and subordinate staff, at every centre | 10.25 per cent of pay |
| Officers, Major A class cities | 9 per cent of pay |
| Officers, other places in Area I | 8 per cent of pay |
| Officers, all other places | 7 per cent of pay |
The 11th Bipartite Settlement abolished area classification for workmen altogether, so a clerk in a metro and a clerk in a village drew the same 10.25 per cent. Any table showing four tiers of workmen HRA, or a rural rate higher than a metro rate, is wrong.
Every other component of 11th BPS pay
Special pay, clerical staff
| Post | Special pay |
|---|---|
| Single Window Operator | ₹1,250 |
| Head Cashier II | ₹1,940 |
| Special Assistant | ₹2,920 |
Special pay, subordinate staff
| Post | Special pay |
|---|---|
| Armed Guard or Bill Collector | ₹590 |
| Daftary | ₹850 |
| Head Peon | ₹1,120 |
| Head Messenger | ₹2,470 |
| Electrician or AC Plant Operator | ₹3,090 |
| Driver | ₹3,590 |
Graduation and professional qualification pay
Clerical staff drew graduation pay on a five step ladder: ₹625, ₹1,215, ₹1,835, ₹2,455, ₹3,045. Officers drew ₹1,020 for the first qualification and a further ₹2,550 on completing both parts of CAIIB.
Fixed personal pay
Fixed personal pay from 1 November 2017 was ₹2,262 for clerical staff and ₹1,140 for subordinate staff, or ₹2,043 and ₹1,030 respectively where bank quarters were provided. For officers it ran from ₹2,043 to ₹3,306 depending on scale. Only the increment component of fixed personal pay ranks for superannuation, and staff who joined on or after 2 November 1993 were not eligible for it at all.
Transport and learning allowance
Clerical and subordinate staff drew a transport allowance of ₹600 a month with dearness allowance on it. Officers drew no transport allowance but received a learning allowance of ₹600 a month, also with dearness allowance. Officers at centres eligible for city compensatory allowance drew ₹1,400 or ₹1,150 a month; officers elsewhere drew a location allowance of ₹700, on which no dearness allowance was payable.
The smaller allowances
Medical aid was ₹2,355 a year, washing allowance ₹200 a month, cycle allowance ₹150 a month and split duty allowance ₹200 a month. Hill and fuel allowance ran at 8, 4 or 3 per cent of pay with rupee ceilings of ₹2,250, ₹900 and ₹750.
What counts for pension and gratuity, and what does not
This is where most 11th BPS calculations go wrong, because the components that swell the gross are precisely the ones excluded from retirement benefits.
| Component | Counts for pension and gratuity? |
|---|---|
| Basic pay including stagnation increments | Yes |
| Special pay | Yes |
| Graduation or professional qualification pay | Yes |
| Officiating pay | Yes |
| Fixed personal pay, increment component only | Yes |
| Special allowance | No |
| Dearness allowance on special allowance | No |
| Transport allowance | No |
| Learning allowance | No |
| House rent allowance | No |
| City compensatory allowance | No |
| Location allowance | No |
Because special allowance alone is 16.40 per cent of basic pay for most staff and carries dearness allowance on top, taking a retirement figure from gross salary overstates it substantially. The calculator above keeps the two bases separate.
Provident fund and NPS are not the same deduction
An employee under the pension scheme contributed 10 per cent of pay to provident fund, with no dearness allowance in the base and no matching contribution from the bank. An employee under the National Pension System contributed 10 per cent of pay plus dearness allowance on it, and the 11th Bipartite Settlement raised the bank’s own contribution from 10 to 14 per cent of pay and dearness allowance. On the same salary the NPS deduction is the larger of the two, and any calculator showing one figure labelled simply “PF” is wrong for roughly half its users.
Pension for employees who retired between 1 November 2017 and 31 August 2018
This is the hardest calculation in the whole settlement, and the one most often got wrong.
Pension is computed on the average of the last ten months’ emoluments. For anyone retiring in that window, some of those ten months fall before 1 November 2017 and some after, so two different pay definitions apply inside one average.
- Months from 1 November 2017 onwards are taken at the actual pay drawn under the 11th Bipartite Settlement.
- Months before 1 November 2017 are taken at the actual pay drawn plus dearness allowance at 47.80 per cent notionally reckoned as pay.
That 47.80 per cent is the same figure merged into basic pay at the fitment, which is what makes the two halves of the average comparable. Getting it wrong in either direction changes the pension permanently, not just once.
Officers who retired on or after 1 November 2017 but before the settlement was signed were also given the option not to claim incremental commutation on the revised basic pension. The minimum pension under the settlement was ₹3,985, and family pension was fixed at 30 per cent of basic pension with no ceiling, which was itself a significant improvement.
11th Bipartite Settlement compared with the 12th
The 12th Bipartite Settlement took effect from 1 November 2022, the day after the 11th expired, and was signed on 8 March 2024.
| 11th Bipartite Settlement | 12th Bipartite Settlement | |
|---|---|---|
| Effective from | 1 November 2017 | 1 November 2022 |
| Signed on | 11 November 2020 | 8 March 2024 |
| DA merged | 47.80 per cent | 30.38 per cent |
| Loading | 2.50 per cent | 3.22 per cent |
| Clerical first stage | ₹17,900 | ₹24,050 |
| Officer Scale I first stage | ₹36,000 | ₹48,480 |
| DA formula | 0.07 per cent per 4 points over 6352 | 1.00 per cent per point over 123.03 |
| Special allowance, workmen | 16.40 per cent | 26.50 per cent |
| HRA, workmen | 10.25 per cent flat | 10.25 per cent flat |
Clerical basic pay rose 34.4 per cent between the two settlements and Officer Scale I rose 34.7 per cent. Most of that is the dearness allowance merger rather than new money, which is why gross salary rose far less than those percentages suggest.
Checking your 11th Bipartite Settlement arrears
Because the settlement was signed on 11 November 2020 with effect from 1 November 2017, arrears covered about thirty seven months. To check what you were paid, rebuild each month: set the quarter, enter the basic pay you were on in that month, and compare the gross against your 12th BPS era payslip for the same month.
Three things commonly account for a difference. Annual increments move your basic mid period, so the figure is not constant across thirty seven months. Any leave without pay or strike days reduce the arrear for those months. And the 11th Bipartite Settlement provided that ad hoc amounts already paid after October 2019 were adjusted against the arrears, so the credited figure is net of those.
Arrears are taxable in the year of receipt, and relief under section 89(1) is normally available by spreading them back across the years to which they relate, using Form 10E.
11th Bipartite Settlement FAQs
What is the 11th Bipartite Settlement?
An agreement between the Indian Banks Association and the recognised bank employee unions that fixed the pay and service conditions of public sector bank staff from 1 November 2017 to 31 October 2022. It was signed on 11 November 2020, together with the 8th Joint Note covering officers.
What is the 11th Bipartite Settlement pay scale for clerks?
The clerical scale ran from ₹17,900 to ₹47,920, written as 17900 - 1000/3 - 20900 - 1230/3 - 24590 - 1490/4 - 30550 - 1730/7 - 42660 - 3270/1 - 45930 - 1990/1 - 47920. With nine stagnation increments of ₹1,990 it reached ₹65,830.
What was the Officer Scale I pay scale under the 11th BPS?
Officer Scale I ran from ₹36,000 to ₹63,840 under the 8th Joint Note, written as 36000 - 1490/7 - 46430 - 1740/2 - 49910 - 1990/7 - 63840.
How is dearness allowance calculated under the 11th Bipartite Settlement?
0.07 per cent of pay for every slab of four points above 6352 points in the quarterly average of the CPI-IW on the 1960=100 base. It is per slab of four points, not per point. The 12th Bipartite Settlement uses a different formula entirely.
What was the last DA rate under the 11th Bipartite Settlement?
36.82 per cent, being 526 slabs, for the quarter August to October 2022, which was the final quarter of the settlement period.
What is the fitment factor of the 11th Bipartite Settlement?
About 1.51495. It is 47.80 per cent dearness allowance merged into basic pay at 6352 index points, then 2.50 per cent loading on top: 1.4780 multiplied by 1.0250.
What is the special allowance under the 11th BPS?
16.40 per cent of basic pay for clerical staff, subordinate staff and Officer Scale I to III, 19 per cent for Scale IV and V and 20 per cent for Scale VI and VII, with dearness allowance payable on it. It is expressly excluded from pension, NPS, provident fund and gratuity.
What is the HRA rate under the 11th Bipartite Settlement?
A flat 10.25 per cent of pay for clerical and subordinate staff at every centre, with no area classification. Officers were on an area based rate of 9 per cent in Major A class cities, 8 per cent elsewhere in Area I and 7 per cent at all other places.
Does special allowance count for pension and gratuity?
No. The settlement states that special allowance shall not be reckoned for superannuation benefits, which covers pension, NPS contribution, provident fund and gratuity. Because it is 16.40 per cent of basic pay for most staff and carries DA on top, including it will overstate a retirement figure substantially.
How is pension calculated for someone who retired between November 2017 and August 2018?
On the average of the last ten months of emoluments, where months from 1 November 2017 are taken at actual pay under the 11th Bipartite Settlement and months before that date are taken at actual pay plus dearness allowance at 47.80 per cent notionally reckoned as pay.
Is provident fund the same as the NPS contribution?
No. A pension scheme member contributes 10 per cent of pay to provident fund with no dearness allowance in the base and no matching bank contribution. An NPS member contributes 10 per cent of pay plus dearness allowance on it, and the bank contributes 14 per cent under the 11th Bipartite Settlement, raised from 10 per cent.
How many stagnation increments were there under the 11th BPS?
Nine for clerical staff at ₹1,990 each and nine for subordinate staff at ₹1,000 each, released once every two years. Officers drew stagnation increments at the rates set out in the joint note.
Why do I still need 11th Bipartite Settlement figures?
Pension for anyone who retired between November 2017 and October 2022 is fixed on these scales, arrears from that period are still being reconciled, and the 12th Bipartite Settlement basic pay was calculated directly from 11th BPS basic pay.
What replaced the 11th Bipartite Settlement?
The 12th Bipartite Settlement, effective 1 November 2022 and signed on 8 March 2024. It merged 30.38 per cent dearness allowance and added 3.22 per cent loading, taking the clerical first stage from ₹17,900 to ₹24,050.
Why do different websites give different 11th BPS salary figures?
Most commonly because they apply the headline 15 per cent as a multiplier on basic pay. That 15 per cent was the increase in the banks total wage bill, not a multiplier for an individual salary. The actual construction was a 47.80 per cent DA merger followed by 2.50 per cent loading.
Related bipartite settlement calculators
For pay under the settlement now in force, use the 12th Bipartite Settlement salary and arrears calculator, and for the full stage by stage scales the 12th Bipartite Settlement pay scale chart. For the next revision, due 1 November 2027, see the 13th Bipartite Settlement projection calculator. For where the current revision stands, see bank employees salary hike and the next revision.
The source documents are published by the Indian Banks’ Association, which issues the settlements and the quarterly dearness allowance circulars, by AIBEA, and by the Labour Bureau, which publishes the CPI-IW index numbers behind every dearness allowance figure above.
This page is maintained by HR Calcy. The 11th Bipartite Settlement is closed and its figures are settled history; they are reproduced here from the settlement dated 11 November 2020 and the 8th Joint Note of the same date.