7th CPC: House Building Advance – Interest rates @ 7.9% from 01.10.2020 to 31.03.2022
Government of India
Ministry of Housing & Urban Affairs
Housing — III
Nirman Bhawan, New Delhi
Dated 19th April 2021
Subject: Interest rate on House Building Advance (HBA) to Central Government Employees — reg.
The undersigned is directed to state that in partial modification of this Ministry’s OM No. I.17011/11(4)/2016-H.III dated 09.11.2017 regarding House Building Advance Rules (HBA) — 2017, the rate of interest on House Building Advance to Central Government Employees will be @7.9% from 1st October, 2020 to 31st March, 2022 i.e., for 18 months.
2. This issues with the approval of Competent Authority.
Under Secretary to Govt. of India
- All the Central Government Offices/ Departments.
- Copy to NIC Cell to upload in Ministry’s website.
- Copy to IT Cell to upload in e-Office.