HomeAllowanceAdvances to Government servants - Rate of interest for purchase of conveyances during 2012-2013

Advances to Government servants – Rate of interest for purchase of conveyances during 2012-2013

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F.No. 5(2)-B(PD)/2012
Government of India
Ministry of Finance
Department of Economic Affairs

New Delhi, the 7th January, 2013

OFFICE MEMORANDUM

Subject : Advances to Government servants — Rate of interest for purchase of conveyances during 2012-2013.

The undersigned is directed to state that the rates of interest for advances sanctioned to the Government servants for purchase of conveyances during 2012-2013 i.e. from 1st April, 2012 to 31st March, 2013 are revised as under:

Rate of interest
per annum

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(i) Advance for purchase of conveyance other than motor car (viz. motor cycle, scooter etc.) 9%

(ii) Advance for purchase of motor car 11.5%

(A.K. Bhatnagar)
Under Secretary (Budget)

http://www.finmin.nic.in/the_ministry/dept_eco_affairs/budget/RoIPurchConvey12.pdf

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1 COMMENT

  1. I have facining the problem of MACPII .Q.Why MACPII not given even completion of 20 yr due passing POSTMASTER GR I?
    Q2. What mistake i have done by giving a positive reply to GOVT
    to get the fast improving the DEPT ?
    Q3.Why getting a finanacial losses to individual , who are accepting GOVT policy for better
    improvement of Department.

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