RBE No. 158/2007: House Building Advance – Insurance of Houses/ Flats – ACS No.197 to Para 1132 of IREM
No. F(E)Spl/2007/ADV/3/5, dated 07.12.2007
Sub: Amendment to IREM Para 1132 of Chapter XI – Inclusion of private Insurance Companies approved by Insurance Regulatory Development Authority (IRDA) for the purpose of Insurance of the Houses/ Flats constructed / purchased with the help of HBA.
The ministry of Railways are pleased to amend the existing provisions in Para 1132 of Chapter XI IREM, Vol-I (Revised Edition 1989) related to House Building Advance as per enclosed Advance Correction Slip No.197.
Advance Correction Slip No.197
Indian Railway Establishment Manual, Volume-I
(1989 Edition)
The amendment placed below may be carried out in Para 1132 of Chapter XI of IREM Vol-I (Revised Edition 1989) regarding House Building Advance:-
Add the following as item 5 under para 19(i):-
“5. Any other Private Insurance Company approved by Insurance Regulatory Development Authority (IRDA) for the purpose of insurance of the houses/ flats constructed/ purchased with the help of House Building Advance.”
[Authority: Board’s letter No.F(E)/Spl.2007/ADV/3/5, dated 05.09.2007 (RBE No. 111/2007) &
07.12.2007 (RBE No. 158/2007) (ACS No.197)]
Download Railway Board Circular RBE No. 158/2007
Forward reference ⇒ RBE No. 26/2008