Tuesday, May 5, 2015

GO.37 House Building Advances Enhanced

Sl.No.Pay ranges in Revised Pay Scales, 2015Enhanced Maximum CeilingEligible AmountRate of Interest
1Employees drawing basic pay upto Rs.26600/- per monthRs. 10.00 LakhsRs.10.00 Lakhs or 72 times of basic pay, whichever is lessFor Class.IV employees @ 5.00% p.a. For others @ 5.50% p.a.
2Employees drawing basic pay above Rs.26,600/- p.m. and upto Rs.42,490/- p.mRs. 12.30 LakhsRs. 12.30 Lakhs or 72 times of basic pay, whichever is less. -do-
3Employees drawing basic pay above Rs.42,490 p.m. and upto Rs.61,450 p.mRs. 15.00 LakhsRs. 15.00 Lakhs or 72 times of basic pay, whichever is less. -do-
4Employees drawing basic pay above Rs.61,450/- p.mRs.20.00 LakhsRs.20.00 Lakhs or 72 times of basic pay, whichever is less. -do-
5All India Services Officers working in the State (All India Services officers working in the State may be given the option to choose either the State Govt. ceiling or to adopt Govt. of India rules) Rs.25.00 LakhsRs.25.00 Lakhs or 50 times of basic pay, whichever is less-do-










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