House Building Advance (HBA) Interest Rates to Railway employees from 01.04.2024 to 31.03.2025: RBE No. 78/2024 dated 09.08.2024
Government of India (रेलवे बोर्ड)
Ministry of Railways (रेल मंत्रालय)
Railway Board (रेलवे बोर्ड)
RBE No.78/2024
No. 2021/F(E)SPL./ADV.3/1
New Delhi, Dated: 09.08.2024
The General Managers and PFAs
All Zonal Railways, Production Units etc.,
DGs of RDSO and NAIR.
Sub.: Interest Rate on House Building Advance (HBA) to Railway employees from 01.04.2024 to 31.03.2025.
A copy of Ministry of Housing & Urban Affairs (MoH&UA’s) OM No. I-17015/2(2)/2024/H.III/30, dated 12.06.2024 regarding the subject mentioned above is enclosed.
These instructions shall be applicable mutatis-mutandis on the Railways.
2. Please acknowledge receipt.
(Sanjay Prashar)
Jt. Director Finance (E)
Railway Board
Encl: As above
I-17015/2(2)/2024/H.III/30
Government of India
Ministry of Housing & Urban Affairs
(Housing-III-Section)
Nirman Bhawan, New Delhi
Dated: 12 June, 2024
OFFICE MEMORANDUM
Subject: – Rate of Interest on House Building Advance (HBA) for Central Government Employees for FY 2024-25.
In pursuance to revision of interest rate by Department of Economic Affairs, Ministry of Finance vide OM No 9(2)-B(PD)/2024 dated 10.06.2024, the rate of interest applicable on House Building Advance sanctioned to Central Government Employees for Financial Year 2024-25 (i.e. 1% April, 2024 to 31 March, 2025) will be 7.44% till further orders.
2. This issues with the approval of Competent Authority.
Sd/-
(Manoj Kumar Jha)
Under Secretary to the Govt. of India
Tel: 23061476
Email ID: manojk.jha[at]nic.in
To
All the Central Government Ministries/Departments
Copy for kind information to:
- PS to Hon’ble Minister, Ministry of Finance, North Block, New Delhi.
- PS to Hon’ble Minister, Ministry of Housing & Urban Affairs, Nirman Bhawan, New Delhi
- PS to Hon’ble Minister of State, Ministry of Housing & Urban Affairs, Nirman Bhawan, New Delhi.
- SO (IT Cell) with a request to upload it in e-office and on website of Ministry of Housing & Urban Affairs.
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