F. No. 5(2)-B(PD)/2013
Government of India
Ministry of Finance
Department of Economic Affairs
New Delhi, the 12th November, 2013
OFFICE MEMORANDUM
Subject : Advances to Government servants—Rate of
interest for purchase of conveyances during 2013-2014.
The undersigned is directed to state that the rates
of interest for advances sanctioned to the Government servants for purchase of
conveyances during 2013-2014 i.e. from 1st April, 2013 to 31st March, 2014 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)
To
1. All Ministries/Departments
of the Government of India with spare copies for IFA, Controller of
Accounts and Pay and Accounts Offices.
2. Finance
Secretaries of UTs without legislature.
Copy
forwarded to:—
1.
C&AG of India, New Delhi.
2.
C.G.A., New Delhi.
3.
C.G.D.A., New Delhi.
4.
All AGs and Director of Accounts.
5.
Supreme Court of India.
6.
UPSC, New Delhi.
(A.K. Bhatnagar)
Under Secretary (Budget)
