State Government employees may be granted interest free festival advance which will be recovered from the salary of the government employees in not more than 10 monthly installments.
All Bonus and Festival Advance bills may be prepared and submitted mandatorily through HRMS system only whenever the applicability of payment will arise.
Interest-free festival advance of Rs. 4000/- only may be granted whose revised emoluments on 31.03.2016 is in between Rs. 25,000/- and Rs. 36,000/- per month.
Whose revised emoluments exceeded Rs. 24,000/- but did not exceed Rs. 35,000/- per month applies for Interest-free festival advance, he may be granted an advance up to a maximum of Rs. 3,500/- only.
The employees of all the State-aided Universities and employees of the West Bengal State Council of Higher Education may apply for Interest Free Festival Advance (IFFA) upto a maximum of Rs. 3,000/- only per head.
State Govt employee whose revised emoluments on 31.03.2014 did not exceed Rs. 30,000/- per month applies for Interest-free festival advance, he may be granted an advance up to a maximum of Rs. 3,000/- only.
West Bengal Government employee if applies for Interest-free festival advance, may be granted an advance up to a maximum of Rs. 2,500/- only.
A State Government employee whose revised emoluments on 31.03.2012 exceeded Rs. 22,000/- p.m. but did not exceed Rs. 30,000/- p.m. may be granted an advance upto a maximum of Rs. 2,000/- only.
State Government employee whose revised emoluments exceeds Rs. 20,000/- per month but did not exceed Rs. 28,000/- per month may be granted an advance up to a maximum of Rs. 2,000/- only.