LOANS AND ADVANCESS -Admissibility in Revised Pay Scales, 2015 – Recommendation of Tenth Pay Revision Commission - Accepted

GOVEERNMENTOF TELANGANA

LOANS AND ADVANCESS – Other Advances -Admissibility in Revised Pay Scales,
2015 – Recommendation of Tenth Pay Revision Commission - Accepted - Orders
Issued.


FINANCE (HRM.IV) DEPARTMENT
G.O.Ms.No.39   Dated : 15- 04-2015
Read the following

1.G.O.(P)No.175,Finance(A&L)Department,dt.15-05-2010.
2.G.O.Ms.No.95,General Administration(Spl.A)Department,dt:28-02-2013
3.G.O.Ms.No. 25,Finance (HRM.IV)Department,dt:18-03-2015.

ORDER:

In the Government Order 3rd read above, based on the recommendations of Tenth Pay Revision  Commission , orders were issued implementing the Revised Pay Scales, 2015 to the State Government  employees.  

2. The Tenth Pay Revision Commission, inter alia, has recommended the enhancement of ceiling for various existing advances for which Government employees are eligible as per Rules.

3.Government, after careful consideration of the recommendations of the Tenth Pay Revision 

 Commission and in modification of the existing orders in Government Order  

1st read above governing sanction of advances to Government employees, here by enhance the ceilings as recommended by the Tenth Pay Revision Commission, as follows:

Sl. No.	Nature of Loan	Pay Ranges In Revised Pay Scals, 2015	Enhanced Cealing Amount in Rupees	Eligibility	Maximum monthly instalments for recovery Prl.        Int.	Rate of intrest
1	Motor Car Advance	Employees drawing basic pay of Rs.37,100/- and above.	6,00,000/-	Either15months basic pay or actual cost of vehicle or Rs.6lakhs, whichever is less.	135        65	For Class. IV employees @5.00%p.a. For others @5.50%p.a.
2	Motor Cycle /Scooter	Employees drawing Basic payofRs.22,460/- p.m. and above.	80,000/-	Either 7 times of basic pay or actual cost of vehicle or Rs.80,000/,which ever 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.16,400/- p.m. and above, and for all Drivers who have completed 2years of service irrespective of their pay as above.	35,000/-	Either 7 times of basic pay or actual cost of vehicle or Rs.35,000/-, Whichever is less	60          16	For Class. IV employees @5.00%p.a. For others @5.50%p.a.
4	Bicycle Advance	-----	10,000/-	Actual cost of Bicycle or Rs.10,000/, 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)	24           4	For Class. IV employees @5.00%p.a. For others @5.50%p.a.
5	Marriage Advance	---------------	Either 15 months pay Or Rs.75,000/- Which ever is less for Class. IV employees. 1,25,000/-or Either 15months pay or Rs.1,25,000/- Whichever is less for others. Either 15 months pay or Rs.1,00,000/- whichever is less for Class.IV employees. Either 15 months pay or Rs.2,00,000/- whichever is less for others.	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.16,400/- And above. (Judicial Officers are not eligible).	50,000/-	Actual cost of the Personal Computer or Rs.50,000/- ,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.	5,000/- 7500/-	Once in a financial year	10 equal instalments	Interest Free
8	Special Festival Advance	a. Gazetted Officer b. Non-Gazetted Officers c. Class .IV employees	7500/- 6000/- 4500/-	Once in a financial year	10 equal instalments	Interest Free
9	Education Advance	Non-Gazetted employees including Class IV employees	7500/-	Once in a financial 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 utilised or not utilised at all and at 1½ times the normal rates for non-compliance with formalities

5. All other conditions governing the sanction of the above advances under the existing Rules /orders will continue

6. These orders shall come in to force from 01-04-2015.

7. The G.O. is available on the Internet and can be accessed at the addresses

http://www.goir.telangana.gov.in and http://www.finance.telangana.gov.in.

(BY ORDER AND IN THE NAME OF THE GOVERNOR OF TELANGANA)

N.SIVASANKAR

SECRETARY TO GOVERNMENT