Interest Rate (7.1%) on House Building Advance to Central Government Employees for FY 2022-23

HBA to Central Government Employees from April 2022

F.No.1-17015/2(2)/2022/H.III
Government of India
Ministry of Housing & Urban Affairs
Housing – III Section

Nirman Bhawan, New Delhi.
Dated 01st April, 2022

OFFICE MEMORANDUM

Subject: Interest rate on House Building Advance (HBA) to Central Government Employees – reg.

The undersigned is directed to state that in partial modification of this Ministry’s OM No. I.17011/11(4)/2016-H.II 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 1st April, 2022 to 31st March, 2023.

2. This issues with the approval of Competent Authority.

(Amita Gupta)
Under Secretary to Govt. of India
Tel: 23061476

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