Government of India
Ministry of Finance
Department of Economic Affairs
New Delhi, the 12th November, 2013
Subject : Advances to Government servants — Rate of interest for purchase of conveyances during 2013-2014.
The undersigned is directed to state that the rates of interest for advances sanctioned to the Government servants for purchase of conveyances during 2013-2014 i.e. from 1st April, 2013 to 31st March, 2014 are revised as under:
|Rate of interest per annum|
|(i)||Advance for purchase of conveyance other than motor car
(viz. motor cycle, scooter etc.)
|(ii)||Advance for purchase of motor car||11.5%|
Under Secretary (Budget)
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