ప్రభుత్వోద్యోగులకు కారు లోను షరతుల సడలింపు




FINANCE (A&L) DEPARTMENT G.O.Ms.No. 112 Dt: 10-05-2013

గతంలో రు.27,700/- బేసిక్ పే ఉన్న ప్రభుత్వోద్యోగులకు మాత్రమే కారు లోను పొందే అవకాశం ఉండేది. ఎక్కువ మందికి సౌకర్యాన్ని కలుగజేయడానికి ఇకపై రు.18,030/- లు బేసిక్ పే గా ఉండే ఉద్యోగులందరికీ పై జి.వో. ప్రకారం సౌకర్యాన్ని కల్పించింది.

O R D E R:
In the Government Order 1st read above, Government have fixed among others the basic pay for eligibility for sanction of Motor Car Advance as Rs. 27,700/- On the demands of the Employees Association, Government examined the issue for reduction eligibility of the basic pay and decided to reduce the basic pay for eligibility of Motor Car Advance from Rs. 27,700/- to Rs. 18,030/-.

Government therefore in modification of the existing orders in G.O. 1st read above, (G.O.Ms.No. 175, Finance (A&L) Department, dt. 15-5-2010.) , governing sanction of Motor Car Advance to Government employees hereby fix the eligibility of the basic pay for availing the loan “from Rs. 27,700/- to Rs. 18,030/-.”.

All other conditions governing the sanction of the above advance under the existing Rules/Orders will continue. These orders shall come into force with effect from the date of issue of this G.O.

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GO 175

Government, after careful consideration of the recommendations of the Ninth Pay
Revision Commission, and, in modification of the existing orders in Government Order 1st
read above, governing sanction of such advances to Government employees, hereby
enhance the ceiling as recommended by the Ninth Pay Revision Commission, as follows:

Nature of Loan
Pay Ranges
in Revised
Pay Scales,
2010

Enhanced
Ceiling
rate

Eligibility
Maximum
monthly
installments
for recovery

Prl.      Int.
Rate of
interest

1. Motor Car
Advance

Employees
drawing
basic pay of
Rs. 27,700/-
and above

Rs.
4,50,000/-

either 15
months’ basic
pay or actual
cost whichever
is less

135      65
For
Class.IV
employees
@ 5.00%
p.a.
For others
@ 5.50%
p.a.

2.Motor Cycle/
Scootor

Employees
drawing
basic pay of
Rs.11,530/-
p.m.and
above

60,000/-
Either 7 times of
basic pay or
actual cost of
vehicle whichever
is less

80         16
For
Class.IV
employees
@ 5.00%
p.a.
For others
@ 5.50%
p.a.

3.Moped Advance

Employees
drawing
basic pay of
Rs.11,530/-
p.m.and
above
and for
all drivers
who have
completed 2
years of
service
irrespective
of their pay
as above.

25,000/-
Either 7 times
of basic pay or
actual cost of
vehicle whichever
is less

60        16
For
Class.IV
employees
@ 5.00%
p.a.
For others
@ 5.50%
p.a.

4.Bicycle Advance
  --
5000/-
or actual cost
whichever is
less .
(All employees
including Class-
IV, except to
those for whom
advance for the
purchase of
Motor
Car/Motor
Cycle/Moped
was sanctioned
earlier)

26         4
For
Class.IV
employees
@ 5.00%
p.a.
For others
@ 5.50%
p.a.

5.Marriage
Advance

   --
30,000/- or
15 months
pay
whichever
is less for
Class.IV
employees
50,000/- or
15 months
pay which
ever is less
for others


50,000/- or
15 months
pay
whichever
is less
Class.IV
employees
75,000/- or
15 months
pay which
ever is less
for other


For the Marriage
of Male
employees
themselves or
for the marriage
of sons of the
male/female
employees.



For the marriage
of Female
employees
themselves or
for the marriage
of daughters of
the male/female
employees.


70        10
For
Class.IV
employees
@ 5.00%
p.a.
For others
@ 5.50%
p.a.

6.Personal
Computer
Advance

Employees
drawing
basic pay of
Rs.26,300/-
and above.
(Judicial
Officers are
not eligible )

50,000/-
Or actual cost,
whichever is
less

135        65
For
Class.IV
employees
@ 5.00%
p.a.
For others
@ 5.50%
p.a.

7.Festival Advance
Class-IV
Employees


For other
than
Class.IV
Employees
drawing pay
in the scale
of pay of Rs.
13360 –
38570/- or
below

2,000/-



3,000/-

Once in a
financial year

10 equal
instalments

interest
free

8.Special Festival
Advance

a.Gazetted
Officers

b.Non-
Gazetted
Officers

c.Class.IV
Employees

5,000/-


4,000/-



3,000/-

Once in a
financial year

10 equal
instalments

interest
free

9. Education
Advance

Non-
Gazetted
employees
including
class IV
employees

5,000/-
Once in the
academic year

10 equal
instalments

interest
free


4. In respect of all loans the penal interest will be charged at the double the rate of
normal interest in case the advances are mis-utilized or not utilized at all and at 1 ½ %
times the normal rates for non-compliance with formalities.

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