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%
Government of India
Ministry of Housing & Urban Affairs
Housing – III Section
Nirman Bhawan, New Delhi.
Dated 01st April 2022
Subject: Interest rate on House Building Advance (HBA) to Central Government Employees — reg.
Also Check: Expected DA Calculator from July 2022
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.
Under Secretary to Govt. of India
Also Check: Central Government Pay Matrix Table 2022 PDF