7.1% Interest Rate for HBA to Railway Employees 2022-23

Current Interest Rate on House Building Advance (HBA) for Railway Employees for the FY 2022-23

The Current Rate of Interest for House Building Advance is 7.1%

F.No.1-17015/2(2)/2022/H.III
Government of India
Ministry of Housing & Urban Affairs
Housing – III Section

Nirman Bhawan, New Delhi.
Dated 01st April 2022

Office Memorandum

Subject: Interest rate on House Building Advance (HBA) to Central Government Employees — reg.

The undersigned is directed to state that in partial modification of this Ministry’s OM No. I.17011/11(4)/2016-H.II dated 09.11.2017 regarding House Building Advance Rules (HBA) — 2017, the rate of interest on House Building Advance to Central Government Employees will be @7.1% for FY 2022-23 starting from 1st April 2022 to 31st March 2023.

2. This issues with the approval of Competent Authority.

(Amita Gupta)
Under Secretary to Govt. of India
Tel: 23061476

Click here to view the PDF

Latest Stories:

Latest Standing Committee of National Council JCM Meeting Details – 8th Pay Commission Discussion