Central Government Employees News, 7th Pay Commission, MACP, LTC, CGHS, Railways, Bank News, CPSE, NPS, Pension, DOPT and More

Revised Rate of Interest for Car and Motor Cycle Advance

Revised Rate of Interest for Car and Motor Cycle Advance

F.No. 5(2)-B(PD)/2012

Government of India

Ministry of Finance
Department of Economic Affairs
New Delhi, the 7th January, 2013
Subject : Advances to Government servants – Rate of interest for purchase of conveyancesduring 2012-2013.
The undersigned is directed to state that the rates of interest for advances sanctioned to the Government servants for purchase of conveyances during 2012-2013 i.e. from 1st April, 2012 to 31st March, 2013 are revised as under:


Rate of interest
per annum
(i) Advance for purchase of conveyance other than motor car (viz. motor cycle, scooter etc.)
(ii) Advance for purchase of motor car


(A.K. Bhatnagar)
Under Secretary (Budget)

Download Finance Ministry Office Memorandum F.No. 5(2)-B(PD)/2012 dated 07.01.2013


Add A Knowledge Base Question !

You will get a notification email when Knowledgebase answerd/updated!

+ = Verify Human or Spambot ?


Got a question?

Just post it on GC Assist and let the members of GConnect Community help you find the answer.