F.No. 5(2)-B(PD)/2012
Government of India
Ministry of Finance
Department of Economic Affairs
New Delhi, the 7th January, 2013.
OFFICE MEMORANDUM
Subject :- Advances to Government servants — Rate of interest for purchase of conveyances during 2012-2013.
The undersigned is directed to state that the rates of interest for advances sanctioned to the Government servants for purchase of conveyances during 2012-2013 i.e. from 1st April, 2012 to 31st March, 2013 are revised as under:
Rate of interest per annum | |
(i) Advance for purchase of conveyance other than motor car (viz. motor cycle, scooter etc.) | 9% |
(ii) Advance for purchase of motor car | 11.5% |
sd/-
(A.K. Bhatnagar)
Under Secretary (Budget)
Source:http://finmin.nic.in/the_ministry/dept_eco_affairs/budget/RoIPurchConvey12.pdf
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