House Building Advance: RBE No.46/2022 – Interest Rate on HBA

No.2021/F(E)Spl./ADV.3/1, dated 07.04.2022

Sub: Interest Rate on House Building Advance (HBA) for Railway employees.

1. A 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 mutatis-mutandis on the Railways.

2. Please acknowledge receipt.

Ministry of Housing & Urban Affairs

OM No.I-17015/2(2)/2022/H.III, dated 01.04.2022

OFFICE MEMORANDUM

Sub: Interest Rate on House Building Advance (HBA) to Central Government Employees – Regarding.

1. The undersigned is directed to stat 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 @7.1% for FY 2022-23 starting from 1^st April, 2022 to 31^st March, 2023.

2. This issues with the approval of Competent Authority.

Download Railway Board Circular RBE No.46/2022                                             

Forward reference ⇒ RBE No.