House Building Advance for Central Government Employees after implementation of 7th Pay Commission recommendations - Latest amendment to HBA Rules 2017
House Building Advance
House Building Advance (HBA) is offered to employees of the Central Government with an aim to provide assistance in the construction or acquisition of houses/flats.
House Building Advance Rules 2017 - New rules set in supersession of old Rules - Ministry of Housing & Urban Affairs OM I.17011/11(02016-H-III dated 09.11.2017
Moving from any Housing Loan to Central Government HBA (House Loan) - Migration from Existing Housing Loan to revised House Building Advance scheme 2017
HBA Interest Rate Concession for Small Family Norms Withdrawn - Details of related Notifications listed before and after 7th Pay Commission Implementation
House Building Advance Rules 2017 - Revision on implementation of 7th Pay Commission report - Press Information Bureau News
This package is expected to incentivize the government employee to buy house/ flat by taking the revised HBA along with other bank loans, if required.
Small Family Norms - Central Government Employees are entitled for Family Planning Allowance as well as Rebate on HBA
Central Government Employees House Building Advance (HBA) - Ministry of Finance releases interest Rate for HBA for the year 2012-2013 No.5(3)-B(PD)/2012 Government of India Ministry of Finance…
The maximum loan amount that can be granted to Central Government Employees under House Building Advance Rules after implementation of Sixth Pay Commission Recommendations is Rs.7.5 Lakhs.