Clarifications regarding House Building Advance 1-17011/6(3)/13/2018-H.III Government of India Ministry of Housing & Urban Affairs Housing-III Section Nirman Bhawan, New Delhi, Dated: 1.08.2018 OFFICE MEMORANDUM Subject:   Clarifications regarding House Building Advance – reg. The undersigned is directed to say that in partial modification to the Ministry of Housing & Urban Affairs OM No. 1.17011/11(4)/2016-H.III dated 09.11.2017 regarding House Building Advance Rules – 2017, the competent authority has approved to modify the provision of para 2(i) in place of the existing provision. “Constructing a new house on the plot owned by the employee or the employee and the employee’s wife/husband jointly with the clear title of the plot” All the other existing provisions in the said OM of even no. dated 09.11.2017 shall remain same. (Shailendra Vikram Singh) Director (IFD) Tel:011-23062798

7TH CPC HOUSE BUILDING ADVANCE Government of India (Bharat Sarkar) Ministry of Railways (Rail Mantralaya) (Railway Board) PC-VII No : 108/2018 RBE No. 101/2018 New Delhi, Dated: 13.07.2018 No. F(E)Spi./2008/ADV.J/6 (7th CPC) The General Managers and PFAs All Indian Railways & Production Units (As per standard list) Subject :   Grant of Advances – Seventh Central Pay Commission recommendations – Amendment to rules on House Building Advance (HBA) to Railway servants. Please refer to this Ministry’s letter of even number dated 05.12.2017 on the above cited subject,vide which, the revised rules relating to the grant of House Building Advance (HBA) as issued by Ministry of Housing & Urban Affairs (Housing-III Section) vide their OM No.I.17011/11(4)/ 2016-H-III dated 09.11.2017 pursuant to acceptance of 7th CPC recommendations, were mutatis-mutandis made applicable to Railway employees. 2. Further clarifications were issued vide this Ministry’s letter of even num...

SEVENTH CENTRAL PAY COMMISSION I-17011/11(4)/2016-H.III Government of India Ministry of Housing & Urban Affairs Housing-III Section Nirman Bhawan, New Delhi, Dated : 29.06.2018 OFFICE MEMORANDUM Subject:   Interest bearing advances/ Seventh Central Pay commission recommendation on House Building Advance – enhancement in past cases regarding. The undersigned is directed to invite attention to this Ministry’s OM No. I- 17011/11(4)/2016-H.III dated 09.11.2017 on the above-mentioned subject and to say that it has been decided in consultation with Ministry of Finance to make the aforesaid orders applicable with effect from 1st January, 2016. Accordingly, it has been decided that an enhancement of House Building Advance, if applied for, would be granted to government employee for an amount equivalent to the difference between the previously sanctioned amount and the new eligible amount determined on the basis of basic pay as per   7th CPC , in past cases, where HBA ...

7TH CENTRAL PAY COMMISSION Government of India (Bharat Sarkar) Ministry of Railway (Rail Mantralaya) (Railway Board) PC-VII No.:102/2018 RBE No.63/2018 New Delhi, Dated 27-04-2018 No.F(E)Spl./2008/ADV.3/6 (7th CPC) The General Managers and PFAs All Indian Railways & Production Units (As per Standard List) Subject: S mall Family Norms in House Building Advance Rules-2017 as per the 7th Central Pay Commission Recommendations. A copy of Ministry of Housing & Urban Affairs (Housing-III section)’s OM No.I.17011/11(4)/2016-H-III dated 31.01.2018 pertaining to small family norms in HBA rules-2017 is sent herewith for applying mutatis-mutandis to Railway Employees. As per the said OM, interest rebate avaliable to HBA beneficiaries for promoting small family norms shall cease to exist with effect from 01.07.2017. Ministry of finance’s OM dated 07.07.2017 cited in the aforesaid MoH&UA’s OM dated 31.01.2018 has already been circulated by pay commission directorate vide ...

Migration of Home Loan to Revised HBA - Ministry of Housing & Urban Affairs Interest bearing advances/ Seventh Central Pay commission on migration Of existing government employees who have already taken Home Loans from Banks' other Financial Institutions 1-17011/11(4)/2016-H.III Government of India Ministry of Housing & Urban Affairs Housing-III Section Nirman Bhawan, New Delhi, Dated:31.01.2018 Office Memorandum Subject: Interest bearing advances/ Seventh Central Pay commission on migration Of existing government employees who have already taken Home Loans from Banks' other Financial Institutions - reg. Kind attention is invited to para 2(viii) of this Ministry's OM. No. l- 17011/11 (4)/2016-H.III dated 09.11-2017 on the above-mentioned subject regarding fulfilment of extant conditions, extant conditions are clarified as follows. a) Before granting such House Building Advance. the Head of the Department i) Should satisfy himself that the home loans were taken by th...

Small Family Norms in House Building Advance Rules-2017 as per the recommendations of 7th CPC Government of India Ministry of Housing & Urban Housing - III Section Nirman Bhawan, New Delhi, Dated 31.01.2018 Office Memorandum Subject: Small Family Norms in House Building Advance Rules- 2017 as per the recommendations of 7th CPC- reg. The undersigned is directed to invite attention to Ministry of Finance's 0M NO. 12(4)/2016-EIII.A dated 7th July 2017 on above mentioned subject and to say that interest rebate available to HBA beneficiaries for promoting small family norms shall cease to exist with effect from 01.07.2017. (Shailendra Vikram Singh) Director(IFD) Authority: www.pcdapension.nic.in

7th CPC : House Building Advance (HBA) rules for Central Government Employees House Building Advance 2017 The Government has revised the House Building Advance (HBA) rules for Central Government Employees incorporating the accepted recommendations of the 7th Pay Commission. Following are the salient features of the new rules:- 1. The total amount of advance that a central government employee can borrow from government has been revised upwards. The employee can up to borrow 34 months of the basic pay subject to a maximum of Rs. 25 lakhs (Rs. Twenty Five Lakhs only), or cost of the house/flat, or the amount according to repaying capacity, whichever is the least for new construction/purchase of new house/flat. Earlier this limit was only Rs.7.50 lakhs. 2. Similarly, the HBA amount for expansion of the house has been revised to a maximum of Rs.10 lakhs or 34 months of basic pay or cost of the expansion of the house or amount according to repaying capacity, whichever is least. This amount w...

House Building Advance 2017 - Central Government Employees The Government has revised the House Building Advance (HBA) rules for Central Government Employees incorporating the accepted recommendations of the 7th Pay Commission. Following are the salient features of the new rules: 1. The total amount of advance that a central government employee can borrow from government has been revised upwards. The employee can up to borrow 34 months of the basic pay subject to a maximum of Rs. 25 lakhs (Rs. Twenty Five Lakhs only), or cost of the house/flat, or the amount according to repaying capacity, whichever is the least for new construction/purchase of new house/flat. Earlier this limit was only Rs.7.50 lakhs. 2. Similarly, the HBA amount for expansion of the house has been revised to a maximum of Rs.10 lakhs or 34 months of basic pay or cost of the expansion of the house or amount according to repaying capacity, whichever is least. This amount was earlier Rs.1.80 lakhs. 3. The cost ceiling li...