WEB CALCULATOR.

[MOHAN P]

For information:

Click the following Link : https://bankonviju.in/apps/dr-calculator

The web calculator has been enabled to calculate and furnish the following particulars for the month of March 2024.

1.  DR for March 24 

2. Ex gratia (12th BPS) amount per month.

3. Gross Pension for March 24

4.  Net Pension for March 24

5. Arrears payable on account of exgratia from Nov 22-Feb 2024

 On entering your Retirement period, Basic Pension and deduction for Commuted portion of pension if any, you will get the total pension payable for March 2024 (Including Ex gratia for pre 2002 pensioners, wherever eligible and 12th BPS ex gratia)

Visit my website by clicking the provided secure link and follow the steps given under.

a. Select the correct retirement period.

For family pensioners, choose the deceased pensioner's retirement period or the family pension commencement period in case of death of employee while in service. (Family pensioners should choose retirement period of the pensioner and not the commencement of family pension, while choosing the retirement period.)

b. Enter the Basic Pension sanctioned/Subsequently revised (before effecting deduction for commutation i.e. without deduction for commutation). Since DR is calculated, on basic pension, this has to be taken for calculation. Also revised pension is also calculated on basic pension only.

c. Enter the Deduction amount for Commutation (Deduction for commutation is to be given, where full pension is not restored.)

d. If the commuted portion is restored or the deduction is Nil-enter Zero.. For those who retired before 2007- mostly commuted portion would be Nil, as by this time, full pension would have been restored. (exception – Pension/Commutation option exercised at a later date) For family pensioners, commuted pension portion would be Nil. 

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Vijayaraghavan r (IOBian)

Disclaimer: The DR calculator is developed on best effort basis and provided for information purpose only. Feedback if any may please be mailed to rvnot...@gmail.com. There may be a difference of one or two rupees due to rounding off in calculations in various stages.  The output derived gives only approximate figures.

-Thanks to Mr Vijayaraghavan

[yogendra singhal]

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Visit our blog site http:://bankpensioner.blogspot.com
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[Ramakrishnan S]

Mr. Mohan,

Mr.Vijayaraghavan has taken only the staggered DA for pre 2002 pensioners. Y0u had advised  the DA as 100% neutralised . So the calculator or Vijayaraghavan is giving mistaken result.

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[Padam singh]

Respected Mohan ji sir , is there any minimum and maximum clause for ex-gratia for pre 2002 and others also because one utuber was showing such chart as minimum and maximum.

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[Sarangapani Rao]

Dear shri Mohan , 

At the outset I thank you for all your authentic, relevant, precise , prompt periodical noncontroversial updates . I am not expert in salary calculations. 

Still, to my  a little knowledge, it seems to me an anomaly regarding my revised pension due in March 2024 as shown in the work sheet calculation. :

Dearness Relief Calculator - Updated for Mar 2024

Basic Pension : ₹ 7,317

Retirement Year : Between 01-Nov-1997 and 31-Oct-2002

Commuted Portion : 2349

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Dearness Relief : ₹ 32663.08

Additional exgratia : ₹ 3,700.00

Gross Pension : ₹ 43,680.08

Net Pension : ₹ 41,331.08

But my present gross pension 

as on 01/03/2024 is rs. 41890

   Ex gratia (as per work sheet) 

                                          =   3700/

So total Gross pension  }   

                       should be  }  45590/

But as per work sheet       43680/

Hence there is  shortfall    1910/

  So one can see loss after loss for 

Pre 2002 Retirees  😢

Is it not logical & fair to remedy this anomaly or am I wrong in my calculation  ? 

May I beseech you to elucidate on this  ? 

Sarangapani 

Indian bank, VRS 2000.

On Sat, 9 Mar, 2024, 5:36 pm MOHAN P, <moha...@gmail.com> wrote:

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[GUDIPUDI YUGANDHAR]

Seems NOT correct ... Please check for your's Mohan_ji ....

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