7th CPC House Building Advance - Loan Migration - CGDA

7th CPC House Building Advance - Loan Migration - CGDA

Interest Bearing Advances/Seventh Central Pay Commission recommendation on migration of existing government employees who have already taken Home Laons from Bank / Other Financial Institutions

Office of the Controller General of Defence Accounts
Ulan Batar Road, Palam, Delhi Cantt - 10

No.AN/VII/7117/GPF/2018-19

Dated: 19.11.2018

Sub: Interest bearing advances/Seventh Central Pay Commission recommendation on migration of existing government employees who have already taken Home Laons from Bank / Other Financial Institutions - reg.

A copy of Government of Idia, Ministry of Housing & Urban Affairs, Housing-II Section OM No.I-17011/11(4)/2016-H.III dated 31.01.2018 on the subject is enclosed herewith for your information and disseminating under your organisation.

sd/-
(B.Chandra)
Accounts Officer (Admin)

7th CPC HBA - Migration of Existing Employees - MoHUA Orders on 31.1.2018

1-17011/11(4)/2016-H.III
Government of India
Ministry of Housing & Urban Affairs
Housing-III Section

Nirman Bhawan, New Delhi,
Dated:31.01.2018

Office Memorandum

Subject: Interest bearing advances/ Seventh Central Pay commission on migration Of existing government employees who have already taken Home Loans from Banks' other Financial Institutions - reg.

Kind attention is invited to para 2(viii) of this Ministry's OM. No. l- 17011/11 (4)/2016-H.III dated 09.11-2017 on the above-mentioned subject regarding fulfilment of extant conditions, extant conditions are clarified as follows.

a) Before granting such House Building Advance. the Head of the Department

i) Should satisfy himself that the home loans were taken by the government employee entirely for purpose of construction / purchase of new house/ flat.
ii) Should ensure that the House Building Advance sanctioned is to tie amount of loan still due to be repaid by the government employee

b) House Building Advance can be availed towards repayment of bank loan taken for the purpose of construction/ purchase of new house/ flat.

C) Employee shall be eligible for grant Of House Building Advance on the date she obtained loans from banks and other financial institutions, irrespective of whether they applied for House Building Advance before raising he loan.

d) House Building Advance fry repayment of loans Shall be granted to the Eligible employees in one lump sum. However, the Government employee shall produce the HBA Utilisation Certificate within one month the date of release of HBA

e) Employee has to satisfy tie other provisions of the House Building Advance Rules -2017.

sd/-
(Shailendra Vikram Singh)
Director(FD)

7th Central Pay Commission recommendations - Grant of Advances - Amendment to rules on House Building Advance (HBA) to Railway servants

7th Central Pay Commission recommendations - Grant of Advances - Amendment to rules on House Building Advance (HBA) to Railway servants

7th CPC House Building Advance

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

PC-VII No : 108/2018
RBE No. 101/2018

New Delhi, Dated: 13.07.2018

No. F(E)Spi./2008/ADV.J/6 (7th CPC)
The General Managers and PFAs
All Indian Railways & Production Units
(As per standard list)

Subject : Grant of Advances - Seventh Central Pay Commission recommendations - Amendment to rules on House Building Advance (HBA) to Railway servants.

Please refer to this Ministry’s letter of even number dated 05.12.2017 on the above cited subject,vide which, the revised rules relating to the grant of House Building Advance (HBA) as issued by Ministry of Housing & Urban Affairs (Housing-III Section) vide their OM No.I.17011/11(4)/ 2016-H-III dated 09.11.2017 pursuant to acceptance of 7th CPC recommendations, were mutatis-mutandis made applicable to Railway employees.

2. Further clarifications were issued vide this Ministry's letter of even number dated 28.03.2018 and 27.04.2018.

3. Ministry of Housing & Urban Affairs vide their OM dated 29.06.2018 have now issued instructions regarding applicability of rules contained in their OM dated 09.11.2017 with effect from 01.01.2016 and enhancement of House Building Advance (HBA) in those cases which were sanctioned on or after 01.01.2016 but before 09.11.2017 and these are subject to conditions mentioned in their letter of 29.06.2018. A copy of the same is sent herewith, which shall be applicable mutatis-mutandis on the Railways.

3. Please acknowledge receipt.

4. Hindi version will follow.

(G.Priya Sudarsani)
Joint Director Finance (Estt.)
Railway Board

Encl.: As above

No. F(E)Spi./2008/ADV.J/6 (7th CPC)
New Delhi, Dated: 13.07.2018

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