7th Pay Commission – CG Employees House Building Advance (HBA)
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 – 7th Pay Commission HBA order
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)
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HBA Interest Rate Concession for Small Family Norms Withdrawn
HBA Interest Rate Concession for Small Family Norms Withdrawn – Details of related Notifications listed before and after 7th Pay Commission Implementation
Govt Triples Home Loan Limit for Central Government Employees to Rs 25 Lakh
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 – Concessions for Central Government Employees
Small Family Norms – Central Government Employees are entitled for Family Planning Allowance as well as Rebate on HBA
HBA – Interest Rate for the year 2012-13
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 Department of Economic Affairs (Budget Division) Room No. 263-B, North Block, New Delhi dated the 3rd January, 2013. Office Memorandum The undersigned is directed to state that the…
Revision of House Building Advance for Himachal state employees
Consequent upon the revision of Pay Scales of the State Government Employees w.e1.1.1,2006, the matter regarding revision of the rates/ entitlements/ limits of the House Building Advance to the State Government employees was under consideration of the Government.
Is your eligible HBA short of cost of construction ? – Remedies
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.
Why HBA is better than House Loan granted by PSU banks?
It is a fact that after implementation of Sixth Pay Commission recommendations House Building Advance (called as HBA) granted to by Central Government to its employees lost its charm as it is no longer a house loan commensurate with the present cost of construction.