No.1-17011/2(6)/2013-H.III
Ministry of Urban
Development
(Housing-III
Section)
*******
Nirman Bhawan, New Delhi.
Dated:- the 17th January, 2013
OFFICE MEMORANDUM
Subject:- Rates of
interest on advances and loans to Govt. employees, for construction/purchase of
houses/flats.
The undersigned is
directed to enclose herewith a copy of Ministry of Finance, Deptt. of
Expenditure's O.M. No. 5(3)-B(PD)/2012 dated the 3rd January 2013 intimating
the rates of interest on advances and loans given to Government employees for
construction/purchase of houses/flats during 2012-13 i.e. 1st April, 2012 to
31St March, 2013 and until further orders, for information and compliance.
Sd/-
(S.K.Ram)
Dy. Financial Adviser
No.5(3)-B(PD)/2012
Government of
India
Ministry of
Finance
Department of
Economic Affairs
(Budget Division)
Room No. 263-B, North Block,
New Delhi dated the 3rd January, 2013.
Office Memorandum
The undersigned is
directed to state that the rates of interest on advances and loans given to
Government employees for construction/purchase of houses/flats during 2012-13
i.e. 1st April, 2012 to 31st March, 2013 and until further orders will be as
under:-
Slab Interest
Rate percent per annum
Advance upto Rs.
50,000/- 6.00
Advance uto Rs.
1,50,000/- 7.50
Advance upto Rs. 500,000/- 9.00
Advance upto Rs. 7,50,000/- 9.50
Ministry of Urban
Development is requested to issue separate O.M. at their level on the above
issue.
This issues with
the approval of Flon'bie Finance Minister.
Sd/-
(A.K. Bhatnagar)
Under Secretary (Budget)
Source:http://urbanindia.nic.in/writereaddata/office%20orders/568.pdf
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