Interest rate on House Building Advance (HBA) to Central Government Employees -regarding

Government of India,Ministry of Communications,Department of Posts{ Establishment Division/PAP Section)

Dak Bhawan, Sansad Marg,New Delhi-1 10001

Dated ;19th May, 2023

To

1.All Chief Postmasters General/ Postmasters General

2.Chief General Manager, BD Dte/Parcel Directorate/ PLI Directorate.

3.Director RAKNPA/ GtU CEPT/ Directors of All PTCs,

4. Addl. Director General, Army Postal Service, R.K. Puram, New Delhi

s. All General Managers (Finance)/ DAP/ DDAP

Subject: Interest rate on House Building Advance (HBA) to Central Government Employees -regarding.

Sir/Madam,

I am directed to forward herewith a copy of Ministry of Housing & Urban Affairs Office Memorandum No. l-17015/2(2) 2022/H.III/5 dated 27th March,2023 on the subject cited above for kind information and further necessary action in this regard.

Encl: As above

Yours Faithfully,

(Sapna)

Assistant Director General (Estt.)

Phone No.: 011-2309619l

Copy to:

1. Sr. PPS to Secretary (Posts)/ PS to Director General Postal Services.

2. Addl. DG (Co-ordination)/ Member (P)/ Member (O)/ Member (PLl)/ Member(Banking)/ Member (Tech)i Member (Plg & HRD).

3. AS & FA.

4.Sr. DDG (Vig) & CVO/ Sr. DDG (PAF)/ Director General P&T (Audit).

5. Secretary, Postal Services Board.

6. Chief Engineer (Civil) Postal Directorate.

7. All Sections of Postal Directorate.

8. All recognized Federations/ Unions/ Associations.

9. GIU, CEPT for uploading the order on the India Post Website.

10. Guard File/Spare Copies.

Government of India, Ministry of Housing & Urban Affairs(Housing-III-Section),Nirman Bhawan, New Delhi

Dated 27.03.2023

OFFICE MEMORANDUM

Subject: Applicable Rate of Interest on House Building Advance (HBA) for Central Government Employees during 01.04.2023 tili 31.03.2024.

In pursuance to revision of interest rate by Ministry oF Finance, Dept Of Economic Affairs vide OM 5(2)-B(PD)/2023 dated 20,03.2023, the rate of interest applicable on House Building Advance sanctioned to Central Government Employees durring FY 2023-2024 (i.e. 1st April, 2023 to 31st March, 2024) will be 7.5 % till further orders.

2. This issues with the approval of Competent Authority. 

By//

(Amita Gupta)

Under Secretary to the Govt. of India

Tel: 23061476

To,

All the Central Government Ministries / Departments.

Copy for information to:

1. PS to Hon'ble Minister, Ministry of Finance, North Block, New Delhl'

2.PS to Hon'ble Minister ,Housing &Urban Affairs Minister,Nirman Bhawan,New Delhi.

3 Copy to NIC tc upload on website of Ministry of Housing & Urban Affairs'

4. Copy to IT Cell for uploading in E-Office




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