Interest rate on House Building Advance (HBA) @ 7.1% for FY 2022-23 to Central Government Employees – MoHUA O.M. dated 01.04.2022
Government of India
Ministry of Housing & Urban Affairs
Housing — III Section
Nirman Bhawan, New Delhi.
Dated 01st April, 2022
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.II 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 @ 7.1% for FY 2022-23 starting from 1st April, 2022 to 31st March, 2023.
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 of Housing & Urban Affairs website.
- Copy to IT Cell to upload in e-Office of Ministry of Housing & Urban Affairs.
Copy for information to:
- PS to Hon’ble Finance Minister, Ministry of Finance, North Block, New Delhi.
- PS to Hon’ble Housing & Urban Affairs Minister, Ministry of Housing & Urban Affairs, Nirman Bhawan, New Delhi.
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[…] copy of Ministry of Housing & Urban Affairs (MoH&UA)’s OM No. I-17015/2(2)/2022/H.III dated 01.04.2022 regarding the subject mentioned above, is enclosed. These instructions shall be applicable […]