Employees loan Advance sanction Process and Guidelines GO

Employees loan Advance sanction Process and Guidelines GO : Credit for government employees and advances
Auto Advance
Basic pay of Rs. 37,100 or more, 15 months Basic pay or Rs. 6 lakhs, whichever is less.
It will pay 5.5 percent interest in 65 installments.

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Motorcycle advance
Employees receiving basic pay of Rs. 22,460 are eligible for this.
Seven months Basic pay or Rs. 80 thousand.
It will have to pay 5.5 percent interest in 16 installments.
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Moped Advance
There should be two years service.
Basic pay of Rs. 16,400 or more.
This is a 7 month basic pay or Rs. 35 thousand.
In the 16 installments, 5.5 percent will be refunded with interest.

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Bicycle Advance
All are eligible except for the car, the advance for the motorcycle.
Cash is to be paid at Rs.10,000 advance in 4 installments with 5.5 percent interest.
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Wedding advance
For men and their children’s weddings, Class-4 employees pay 15 months basic pay or Rs. 75 thousand.
This will be 5.5 percent interest and 10 installments.
Female employees and their children’s weddings for Class-4 employees, 15 months Basic pay or Rs.
For everyone else, 15 months Basic pay or Rs.2 lakhs.
It will have to pay 5.5 percent interest in 10 installments.

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Buy computer
Basic pay of Rs. 16,400 or more.
They pay Rs. 50 thousand. Pay this with 5.5% interest.
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Festival Advance
Scale is eligible for scales of Rs 26,600-Rs 77,030 or less.
They pay Rs.7,500.
It should be refunded in 10 installments.
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To buy an apk dress
Gazetted officers will be given Rs 7.500 and Non Gazetted Officers Rs 6,000 for Class Purchase and Rs 4,500 for Class-4 employees.
Everyone will have to pay 10 installments without any interest.

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For higher studies

Non Gazetted and Class-4 employees will be given Rs.7,500.
You will have to pay it in 10 installments without interest.

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