Tuesday, May 5, 2015

GO:39 Loans & Advances to Telangana employees

LOANS AND ADVANCES-Other  Advances-Admissibility in Revised Pay Scales,2015-Recommendation of  Tenth PRC-Accepted orders issued vide GO.39 Dt.15-4-15 of Finance Dept.


Advance Loans to Govt Employees in RPS-2015

Sl. NoNature of LoanPay Range in RPS,2015Enhanced Ceiling Amount in RupeesEligibilityMaximum monthly instalments for recovery Prl--Int Rate of interest
1Motor Car AdvanceEmployees drawing basic pay of Rs.37,100/- and above.6,00,000/- Either 15months’ basic pay or actual cost of vehicle or Rs.6 lakhs,whicheveris less135--65For Class.IV employees @5.00%p.a. For others @5.50%p.a.
2Personal Computer AdvanceEmployees drawing basic pay of Rs.16,400/-and above.(Judicial Officers are not eligible)50,000/-Actual cost of the PersonalComputer or Rs.50,000/-,whichever is less135-65For Class.IV employees @5.00%p.a. For others @5.50%p.a.
3Special Festival Advance Gazetted OfficerRs.7500/- Once in a financial year10 equal instalments Interest free
4Special Festival Advance Non-Gazetted OfficerRs.6000/- Once in a financial year10 equal instalments Interest free
5Special Festival Advance Class.IV employeesRs.4500/- Once in a financial year10 equal instalments Interest free
6Education AdvanceNon-Gazetted employeesincluding Class.IV employeesRs.7500/-Once in a financial year10 equal instalments Interest free










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