Interest Rate on House Building Advance for Railway employees

Interest Rate on House Building Advance (HBA) for Railway employees – RBE No. 19/2020 dated 04.02.2020

Government of India (Bharat Sarkar)
Ministry of Railways (Rail Mantralaya)
(Railway Board)

PC-VII No.: 151/2020
RBE No. 19/2020

No. F(E)Spl./2008/ADV.3/6 (7thCPC)

New Delhi, Dated: 04.02.2020

The General Managers and PFAs
All Indian Railways & Production Units
(As per standard list)

Sub.: Interest Rate on House Building Advance (HBA) for Railway employees.

Ref.: This Ministry’s letter of even number dated 05.12.2017 on the above cited subject.

A copy of Ministry of Housing & Urban Affairs (MoH&UA)’s OM No.1- 17011/2(2)/2019-H.III dated 01.10.2019 regarding modification to para-7(i) of their OM No. 1- 17011/11(4)/2016-H.III dated 09.11.2017 on House Building Advance Rules-2017 circulated to Railways/PUs vide Board’s letter of even no. dated 05.12.2017, is enclosed. The modification shall be applicable mutatis-mutandis on the Railways.

2. Please acknowledge receipt.

(S. Chaturvedi)
Joint Director Finance (Estt.)
Railway Board

Encl.: As above

No. F(E)Spl./2008/ADV.3/6 (7th CPC)

New Delhi, Dated: 04.02.2020

Copy (with 20 spares) forwarded to the Dy. Comptroller & Auditor General of India (Railways), Room No.224, Rail Bhawan.

For Financial Commissioner/Railways

No. F(E)Spl./2008/ADV.3/6 (7th CPC)

New Delhi, Dated: 04.022020

Copy forwarded to :

1. The GM, NF Railway(Const.), Southern Railway (Const) and Central Railway (Const).
2. The FA&CAO, N.F.Railway(Const.), Central Railway (Const.) and Southern Railway (Const.)
3. The Director General & Ex. Officio GM, RDSO,Lucknow.
4. The General Manager and FA&CAO, Metro Railway, Kolkata.
5. The CAO and FA&CAO, COFMOW/New Delhi
6. The General Manager and FA&CAO. CORE, Allahabad
7. The Director General, NAIR, Vadodara .
8. The CAO(Const.), MTP( R)/Mumbai .
9. The CAO (Const .), MTP ( R)/Chennai.
10. The Executive Director, CAMTECH/Gwalior -474020
11. The Chairman, RCT/Principal.Bench, 13/15, Mall Road, Delhi
12. The Chairman, RRT, Chennai – 600008
13. The Director, IRICEN/Pune, IRIEEN/ Nasik Road, IRIMEE/Jamalpur & IRISET/Secunderabad

Read / Download Interest Rate on House Building Advance for Railway employees

Also check the following links related to this topic:

House Building Advance For Central Government Employees – Amendment To Latest HBA Rules 2017

Amendment To Rules On House Building Advance (HBA) To Railway Servants

7th Pay Commission House Building Advance – HBA Revised To 25 Lakh

Moving from any Housing Loan to Central Government HBA (House Loan)

HBA Interest Rate Concession for Small Family Norms Withdrawn

7th Pay Commission – Amendment To Rules On HBA To Railway Servants