Interest rate on House Building Advance (HBA) from 1.10.2020

The rate of interest on House Building Advance to Central Government Employees will be @7.9% from 1st October, 2020 to 31st March, 2022 i.e., for 18 months

Interest rate on House Building Advance (HBA) from 1st October 2020 to 31st March 2022

No.I-17015/1/2021/H.III
Government of India
Ministry of Housing & Urban Affairs
Housing — III

Nirman Bhawan, New Delhi
Dated 19th April 2021

OFFICE MEMORANDUM

Subject: Interest rate on House Building Advance (HBA) to Central Government Employees — reg.

The undersigned is directed to state that in partial modification of this Ministry’s OM No. I.17011/11(4)/2016-H.III dated 09.11.2017 regarding House Building Advance Rules (HBA) 2017, the rate of interest on House Building Advance to Central Government Employees will be @7.9% from 1st October, 2020 to 31st March, 2022 i.e., for 18 months.

  1. This issues with the approval of Competent Authority.

(Amita Gupta)
Under Secretary to Govt. of India

View the Order Copy

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