Rates of interest on advances and Loans to Govt. employees, for construction/Purchase of houses/flats
No.5(3)-B(PD)/2015
Government of India
Ministry of Finance
Department of Economic Affairs
(Budget Division)
Room No. 263-B, North Block, New Delhi
dated the 3rd February, 2016.
Office Memorandum
The undersigned state-that the rates of interest on advances and loans given to Government employees for construction/purchase of houses/flats during 2015-16 i.e. 1st April, 2015 to 31st March, 2016 and
until further orders will be as under
The rates remain unchanged from those applicable for the financial year 2014-15.
Ministry of Urban Development is requested to issue separate O.M. at its level on the above issue.
This issues with the-approval of Hon’ble Finance Minister.
(A.K. Bhatnagar)
Under Secretary (Budget)
TeI. No.23095083