Advances to Government servants - Rate of interest for purchase of conveyances during 2012-2013
F.No.
5(2)-B(PD)/2012
Government
of India
Ministry of Finance
Department of Economic Affairs
New Delhi, the 7th January, 2013
OFFICE MEMORANDUM
Subject : Advances to Government
servants - Rate of interest for purchase of conveyances during
2012-2013.
The undersigned is directed to state that
the rates of interest for advances sanctioned to the Government
servants for purchase of conveyances during 2012-2013 i.e.
from 1st April, 2012 to 31st March, 2013 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%
|
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