Rate of Interest on House Building Advance (HBA) for Central Government Employees during 01.04.2023 till 31.03.2024 is 7.5%. Download HBA Rate of Interest for the year 2023-24 in PDF
J-17015/2(2)/2022/H.111/5 Government of India Ministry of Housing & Urban Affairs (Housing III Section) Nirman Bhawan, New Delhi Dated 27.03.2023.
OFFICE MEMORANDUM
Subject: - Applicable Rate of Interest on House Building Advance (HBA) for Central Government Employees during 01.04.2023 till 31.03.2024.
In pursuance to revision of interest rate by Ministry of
Finance, Dept of Economic Affairs vide OM 5(2)-B(PD)/2023 dated 20.03.2023, the
rate of interest applicable on House Building Advance sanctioned to Central
Government Employees during FY 2023-24 (i.e., 1st April 2023 to 31st March
2024) will be 7.5% till further orders.
2. This
issues with the approval of Competent Authority.
(Amita Gupta)
Under Secretary to
the Govt. of India
Tel: 23061476
