7th CPC : House Building Advance (HBA) rules for Central Government Employees
7th CPC House Building Advance : There is tow major changes in ceiling limits as follows…
Changes are expected in 7th CPC on House Building Advance…
1. Eligibility Service should be revised
2. Amount of Advance should be increased
3. HBA calculation should be on Basic pay(Pay in the band + Grade Pay)
4. 34 times and 80% are not sufficient
5. Conditions of repaying capacity should be revised.
6. Rate of Interest should be decreased
7. Second Mortgage rules to be relaxed
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:-
same question how can I apply for HBA