Housing Loan

House Loan facility is offered to the employees/ officers of the West Bengal Government under Housing Loan Scheme by different Nationalized Banks.

Upper Cost Ceiling Limit to buy Flat by Employee

Finance

Governor is pleased to decide to abolish the upper cost ceiling limit for construction/ acquisition of house/ flat funded from all sources by the employees.

Income Tax Treatment on Interest on House Building Advance

Public Works

Interest on borrowed capital for House Building Advance would be on the basis of accrual of interest which would start running from the date of drawal of the advance.

Interest Rate on Loans and Advances for 2015-2016

Finance

Rates of interest on loans and advances to Government Servants, etc. for the year 2015-2016. No. 331-FB dated 17.06.2016. House Building Advance upto 50k @6%.

Apply for New Town Project under Akanksha Housing Scheme

Housing

Last Date of ONLINE application: 29.02.2016. Application Money: 25000/-, Last date of depositing the application money: 02.03.2016. Mode of Payment: By cash through Bank of Baroda.

Self Financing Housing Scheme for Senior Level IAS Officers

Public Works

Self Financing Housing scheme for senior level IAS Officers of the State Cadre similar to that of the West Bengal Government Servants and Policeman working for this State.

Interest Rate on Loans and Advances for 2014-2015

Finance

Rate of Interest for Other Advances (i.e. advances in connection with marriage, illness, etc. and advances for other purposes) including passage advance is 5.5% per annum.

Housing Loan Scheme at United Bank of India – Interest Rate

Finance

Housing Loan Scheme for the employees of Government of West Bengal in association with United Bank of India (UBI) under tie-up arrangement – Rate of interest with immediate effect.

ARENA Flats for Minority: Application Money

Madrasah Education

The last date for issue of Application Form for 53 nos. 2BHK/3BHK flats is extended upto 24.06.2014. The last date for submission of Application Form is also extended upto 02.07.2014. The Application Money to be submitted alongwith the Application Form has been revised to Rs. 3 Lakh only.

Allotment of 2BHK/ 3 BHK Apartment for Minority

Madrasah Education

A person belonging to a Minority Community (i.e either Muslim or Christian or Sikh or Buddhist or Parsi or Jain) intending to acquire an Apartment will have to apply in the prescribed Application Form contained in the Application Kit.

Interest Rate on Loans and Advances for 2013-2014

Finance

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:

AKANKSHA – New House Building Loan Scheme

Finance

Governor has been pleased to decide to introduce a new scheme of House Building Loan to the State Government Employees named AKANKSHA with a provision of Rs. 100 Cr.

Interest Rate on Loans and Advances for 2012-2013

Finance

(i) Up to Rs. 50,000/- ………… 6% (ii) Up to Rs. 1,50,000/- ………… 7.5% (iii) Up to Rs. 5,00,000/- ………… 9% (iv) Up to Rs. 7,50,000/- ………… 9.5%

Rate of Interest – House Building Loan at UBI

Finance

Housing Loan Scheme for the employees of the Government of West Bengal in association with the United Bank of India under tie-up arrangement – Rate of interest with immediate effect.

Interest Rate on Loans and Advances for 2011-2012

Finance

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:

Housing Loan Scheme at WB State Co-op. Bank Ltd

Finance

Governor has been pleased to accord sanction to introduce the fixed rate of interest in the Housing Loan Scheme for employees of Govt. of West Bengal for a period of one year with effect from 01.07.2010 in the following manner as prescribed by the WBSCB Ltd.