Interest Rate on Loans and Advances for 2011-2012
Government of West Bengal
No. 3174-F.B. Dated: 30.03.2012
From: A.R. Chakraborty, Special 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 2011-2012.
In continuation of this Deptt. Order No. 644-F.B. dated the 31st March, 2011, 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 2011-2012 as follows:
|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/-
|Rate of Interest per annum 5%|
|2. Advance for purchase of Motor Car||11.5%|
|3. Advance for purchase of conveyance other than Motor Car (Viz. Motor Cycle, Scooter & Moped)||8%|
|4. Advance to Officers of All India Services/ State Services for purchase of Personal Computer||11.5%|
|5. Advance for purchase of Other Conveyances (Other than item 2 & 3)||5.5%|
|6. Other Advances (i.e. advances in connection with marriage, illness, etc, and advances for other purposes) including passage advance||5.5%|
Sd/- Special Secretary
No. 3174-FB dated 30.03.2012, Source
Finance, Housing Loan, Loans and Advances