Advances to Central Government Employees — Rate of interest for purchase of conveyances during 2013-2014.
Advances to Central Government Employees — Rate of interest for purchase of conveyances during 2013-2014. Advances to Government servants — Rate of interest for purchase of conveyances during 2013-2014. F.No. 5(2)-B(PD)/2013 Government of India 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% (A.K. Bhatnagar) Under Secretary (Budget) Source : www.finmin.nic.in [http://finmin.nic.in/the_ministry/dept_eco_...