'?,
Mi nistry of
ntraIalis} {ft ail IrJia .[a ijli+a3,s
ararcri !e?qlltig.f
: hi*virDelhi, Dated:Ze,il,z|lZ}lA
No. FiE)Spt"/Z008/ADV":Jl6 {,fih*:F--.{:}
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Th'eGeneralManagers andpF,r,s procluction Ali lndianRailways & LJnits (Asperstandard list) subject: Grant of . -Adv?nces- seventh cen'tral pay cornrul,iss,iqf, recornmendationgArnendment to ruies on HguseBuilding'p,ovrunau ,, i.u, {FIBA)to Railwayservants. \ . Pleaserefertothis Ministryrs lettei: of,evennumbe,r.daied 0b;12.2017on the above cited sr-rbiect, vide whig[ the revisedprovisionsrelatingto--tfiegranr oi#q,+#kFuilding Advance(HBA) by-Ministry of Housing & u;;; nmuirc | Decson) vrde rd.rrigg$ "r.i.r.:y:9. theiroM No.l'17011t11(4)t2016-'r-l-l1i dated
os it zlti lursuanttb accffi,"{;';iil'i;; recommendations, weremutatis_m utandis rnadeappticaUte t; R;il,*K ;ffi"., 2' Ministry of Hor-rsing & urbanAffairs videtheiroiu$a?e$ :i:otiure (copyenciosed) havenowissuedclarifications to thefulfitmerrt ot exteirt,&iig'ff-{#;S#r"Join para-2(viii) of theiraforesaicl cM clated 09.11,2017, wirichshali " - ' ne -r-'W'"v r'vLq!'d":'" o ?.eS.4Fplb.mutatis-mutandis onthe Railways. 3.
4.
pteaseacknowtedge recei6ri
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Hindi version wiiif,rtrow, o * * f'*.&b,.. l*\ il, ." &.*
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E,Y,:rr-}y@y+g
(G.'Rniyarsudarsani) _lointDirectorFinance{Esft.j RailwayBoar d
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Nevi, De[h[,Dared: r*.{rzlzota
Copy (with 40,1sP{res)iorwarierj ic tne gu /a-iurrur Dy C:omntroiieiu Aiiditoi-\'el General.of lndia (Railways), Ro6q Nqzz+ RairBhain,an
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NATT,NAL FEDERATT,N oF TNDTAN (N.r.,.tr.it' RATLWA,MEN
rvo. Y.6(N
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Ftnahcial ccmnrt Dated06/04/20t8
copy together with the enclosure is forwarded to the General secretaries of afJiliated unions of NFIR for information and necessaryaction.
sionerlRaiiurays
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I-,!70x I I1I {4}t2{)16-H, ilt Governrnentof trndla ' , . Miriistryof l-loueingE l.lrbanAffairs HousingJfi$ection F
F,lEn'man Bhawan,New Dellru, Datecl:8,! S. "0X.20't
OFF|SLHEM{}AS$ryt#S.
Subject Interest bearing advaslcssi *ie,velirrtir central Fay cornal[esionl recotnmendationon migration of exlsting governnient ernployeos vrfiro fravo alreadrtaken Horne[-oansfror'ntsanlrs/ntllenFinancla!lnstitufion*n*g. Kind atiention is invltecito pai"a2(rriii)ol this Ministry'so.M. No. l17arl11(4);naf6-H.lli dated09.11.2A17cn theabovementioned subjectregarding fulfilment of e>ctant conditions, the extantconditions arectarifled asfollows. a) i'
Shoulcl satisfyhimself thatthehomeloansweretakenbythegovernnnent emplOi/ee entireiyfor purposeof construction/ pur"chase of new house/ ftat.
ii'
Shouldensurethatthe l"louse Building Advancesanctioned is lirnited to the amountof loanstilldueto be repaidby thegovernrnent enrployee.
b) c)
lfo,
Beforegranting suchHouseBurilding Advance, theHeadof theDepartment;
l-louseBuildingAdvancecanbe availed towarcls repayment of bankloan takenfor the purposeof construciiorv' purchaseof new-house/ flat. Employee shallbe eligibleforgrantof HouseFuilding Advanceon theclate he/ she obtainedloans from banks anci other financialinstitutions, irespectlveof whethertheyappliedfor HouseBuildingAdvancebefore raisingthe loan"
d)
HouseBuildirrg Advancefor repayment of ioansshallbe grantedtc he eligibleempioyeesin c'nelumpsr.rin. F{swever, the Governrientemptoyee shailproducethe HBAUtliizatisrr Cediflcate vyithin onernonthfrom thedate of releaseof HBA.
e)
Employee hasto satlsfythe otherprovisions of the l-iouseBulldingAdvance Rules-A01'7 "
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