Interest Rate on HBA to Railway employees

Railways – Interest Rate on House Building Advance (HBA) to Railway employees from 01.04.2023 to 31.03.2024

Interest Rate on HBA to Railway employees

Government of India (भारत सरकार)
Ministry of Railways (रेल मंत्रालय)
Railway Board (रेलवे बोर्ड)

RBE No.65 / 2023

No. 2021/F(E)Spl./ADV.3/1

New Delhi, Dated: 02.05.2023

The General Managers and PFAs
All Indian Railways, Production Units & Public Sector Undertakings
(As per standard list)

Sub.: Interest Rate on House Building Advance(HBA) to Railway employees from 01.04.2023 to 31.03.2024.

A copy of Ministry of Housing & Urban Affairs (MoH&UA)’s OM No.I-17015/2(2)/2022/H.III/5 dated 27.03.2023 regarding the subject mentioned above is enclosed. These instructions shall be applicable mutatis-mutandis on the Railways.

2. Please acknowledge receipt.

(A.S. Bhasin)
Deputy Director Finance (Estt.)-IV
Railway Boar

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