RBE No.19/2020 : Interest Rale on House Building Advance (HBA) for Railway employees

RBE No.19/2020 : Interest Rale on House Building Advance (HBA) for Railway employees

Government of India (Bharat Sarkar)
Ministry of Railways (Rail Mantralaya)
(Railway Board)
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PC-VII No.:151/2020
RBE No.19/2020
New Delhi, Dated: 04.02.2020

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

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

Sub.: Interest Rale 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. l-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

Signed Copy