Interest-Free Festival Advance to Central Govt Government Employees – Finance Ministry Orders issued on 12th October 2020. This amount is interest free. The amount would be released through pre-loaded Rupay Card from SBI. DDOs, on receipt of application from Government servants for this package may process and acquire the prepaid cards from SBI for issue … Read more
The 7th Pay Commission recommended to abolish the Festival Advance to Central Government employees in its report. Now, the Centre has decided to restore the Festival Advance for Central Govt employees. Special Festival Advance Scheme is being revived as a one-time measure. All central govt. employees can now get interest-free advance of Rs. 10,000, recoverable … Read more
Advances to Government servants — Rate of interest for purchase of conveyances during 2013-2014. 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 … Read more