Advances to Government servants - Rate of interest for purchase of conveyances during 2013-2014
F. No.
5(2)-B(PD)/2013
Government of
Ministry of
Finance
Department of
Economic Affairs
New Delhi, the
12th November, 2013
OFFICE
MEMORANDUM
Subject :
Advances to Government servants — Rate of interest for purchase of conveyances
during 2013-2014.
The undersigned
is directed to state that the rates of interest for advances sanctioned to the
Government servants for purchase of conveyances during 2013-2014 i.e. from 1st
April, 2013 to 31st March, 2014 are revised as under:
Rate of
interest
per
annum
(i)
Advance for purchase of conveyance other than
motor car (viz.
motor cycle, scooter etc.)
9%
(ii)
Advance for purchase of motor car
11.5%
Sd/-
(A.K.
Bhatnagar)
Under Secretary
(Budget)
To
1. All
Ministries/Departments of the Government of India with spare copies for IFA,
Controller of Accounts and Pay and Accounts Offices.
2.
Finance Secretaries of UTs without legislature.
Copy forwarded
to:—
1.
C&AG of India, New Delhi.
2.
C.G.A., New Delhi.
3.
C.G.D.A., New Delhi.
4. All
AGs and Director of Accounts.
5.
Supreme Court of India.
6. UPSC,
New Delhi.
(A.K.
Bhatnagar)
Under Secretary
(Budget)
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