House Building Advance Interest Rate 7.9% for Central Government Employees for the period of 18 Months (01.10.2021 to 31.03.2022)
Government of India
Ministry of Housing & Urban Affairs
Housing – III
Nirman Bhawan, New Delhi
Dated 19h April 2021
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/U(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.
2. This issues with the approval of Competent Authority.
Under Secretary to Govt. of lndia