Computer Advance Interest Rate for the Year 2024-25 for Central Govt Employees

The Department of Economic Affairs has declared the Computer Advance Interest Rate for the Year 2024-25. As per its OM dated 10.6.2024, the rate of Interest is 9.1%

Computer Advance Interest Rate for the Year 2024-25

F.No. 5(2)-B(PD)/2024
Government of India
Ministry of Finance
Department of Economic Affairs
(Budget Division)

North block, New-Delhi
Dated the 10th June, 2024

OFFICE MEMORANDUM

Subject: Advances to Government Servants — Rate of interest for purchase of Computer during 2024-25.

The undersigned is directed to state that the rate of interest for advance sanctioned to the Government servants for purchase of computer during 2024-25 i.e. from 1st April, 2024 to 31st March, 2025 is as under:

Type of Advance	Rate of interest per annum
Advance for purchase of Computer 9.1%	9.1%

(Harish Rajpal)
Under Secretary (Budget)

To
1) All Ministries/Departments of the Government of India with spare copies for Integrated Finance Division (IFD), Controller of Accounts and Pay and Accounts Offices.

2) Finance Secretaries of UTs without legislature.

Copy forwarded to:-
1) Comptroller and Auditor General of India, New Delhi.
2) Controller General of Accounts, New Delhi.
3) Controller General of Defence Accounts, New Delhi.
4) All Auditor Generals and Director of Accounts.
5) Supreme Court of India.
6) Union Public Service commission, New Delhi.

(Harish Rajpal)
Under Secretary (Budget)

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