Interest Rate on Loans and Advances for 2013-2014

Governor has been pleased to fix the following rates of interest on loans and advances taken by Government Servants during the year 2013-2014 as follows:

Government of West Bengal
Finance Department
Budget Branch

No. 179-F.B. Kolkata, the 22nd May, 2014

From: A.R. Chakraborty
O.S.D. & Ex-Officio Secretary
Government of West Bengal.

To: The Accountant General (A&E), West Bengal,
(Book II Section), Treasury Buildings, Kolkata – 700 001.

Sub: Rates of interest on loans and advances to Government Servants, etc. for the year 2013-2014

Sir,

In continuation of this Deptt. Order No. 2212-F.B. dated the 25th March, 2013, I am directed to say that the Governor has been pleased to fix the following rates of interest on loans taken by Government Servants during the year 2013-2014 as follows :

Rate of Interest per annum

1. House Building Advances

 

(i) Up to Rs. 50,000/-
(ii) Up to Rs. 1,50,000/-
(iii) Up to Rs. 5,00,000/-
(iv) Up to Rs. 7,50,000/-

6%
7.5%
9%
9.5%
2. Advance for purchase of Motor Car11.5%
3. Advance for purchase of conveyance other than Motor Car (Viz. Motor Cycle, Scooter & Moped)9%
4. Advance to Officers of All India Services/ State Services for purchase of Personal Computer11.5%
5. Advance for purchase of Other Conveyances (Other than item 2 & 3)6%
6. Other Advances (i.e. advances in connection with marriage, illness, etc. and advances for other purposes) including passage advance5.5%

Yours faithfully,

Sd/- A.R. Chakraborty
O.S.D. & Ex-Officio Secretary

No. 179-F.B. dated 22.05.2014, Source

Related Posts

Founded in 2010, wbxpress.com is the number one source for Acts, Rules, Regulations, Resolutions, Notifications, Circulars, Memorandum, Guidelines, and Government Orders from different departments of the Government of West Bengal. Read More…