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

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

Government of India (Bharat Sarkar)
Ministry of Railways (Rail Mantralaya)
(Railway Board)

PC-VII No:151/2020
RBE No.19/2020

No.F(E)Spl./2008/ADV.3/6 (7th CPC)

New Delhi, Dated: 04-02-2020

The General Managers and PFAs
All Indian Railways & Production Units
(As per standard list)

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

Ref.: This Ministry’s letter of even number dated 05.12.2017 on the above cited subject.

A copy of Ministry of Housing & Urban Affairs (MoH&UA)’s OM No. I-17011/2(2)/2019-H.III dated 01.10.2019 regarding modification to para-7(i) of their OM No.I-17011/11(4)/2016-Hill dated 09.11.2017 on House Building Advance Rules-2017 circulated to Railways/PUs vide Board’s letter of even no. dated 05.12.2017, is enclosed. The modification shall be applicable mutatis-mutandis on the Railways.

2. Please acknowledge receipt.

(S. Chaturvedi)
Joint Director Finance (Estt.)
Railway Board

Railway Board Order 2020 download

House Building Advance (HBA) for Railway employees

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