AP PRC 2015 Loans and Advances, Other Advances to AP Employees

AP PRC 2015 Loans and Advances – Other Advances to AP Govt. Employees – Motor Car Advance, Motor Cycle/ Scooter, Moped  Advance, Bicycle Advance, Marriage Advance, Personal Computer Advance, Festival Advance, Special  Festival Advance, Education Advance. Loans and Advances in Revised pay Scales, 2015.

AP PRC GO.167, Loans and Advances GO.167. LOANS AND ADVANCES -G.O.Ms.No.167 Dated: 20-09-2017-FINANCE (HR.VI-A&L-TA) DEPARTMENT Admissibility in Revised pay Scales, 2015 – Recommendation of Pay Revision Commission 2015- Orders – Issued.

Read the following:
1. G.O.Ms.No.175, Finance (A&L) Department, Dt: 15-05-2010.
2. G.O.(P) No. 46, Fin (HRM-V) Department, dated. 30.04.201
3. From the Special Secretary to Hon’ble Chief Minister C.M.P.N625/Spl. C.S/2017, Dt: 22-06-2017 enclosing the representation of the Andhra Pradesh Secretariat Association, Dt: 09-06-2017.

ORDER: In the Government Order 2nd read above, based on the recommendations of the Tenth Pay Revision Commission, Orders were issued implementing the Revised Pay Scales, 2015 to the State Government employees.

2. The Ninth Pay Revision Commission, among others, has recommended the enhancement of eligible ceiling for various existing advances for which Government employees are eligible as per Rule AP PRC 2015 Loans and Advances

3. Government, after careful consideration of the Tenth Pay Revision Commission recommendations, and in the modification of the existing orders in Government orders in the reference 1st read above, governing sanction of such advances to Government employees, hereby enhance the ceiling as recommended by the Tenth Pay Revision Commission, as follows.

Motor Car Advance:

Existing Revised
EligibilityAmount of   AdvanceRate of   InterestEligibilityAmount of   AdvanceRate of   Interest
Officers whose basic pay is Rs.27700/- and above15 months’ basic pay or Rs.4.50 lakhs or actual cost whichever   is less8.50%   p.a.Officers   whose basic pay is Rs.37,100/- and above15 months’ basic pay or Rs.6.00   lakhs or actual cost whichever is lessa. For   Class-IV -5.00% p.a. b. For Others – 5.50% p.a.

Motor Cycle / Scooter:

Existing Revised
EligibilityAmount of   AdvanceRate of   InterestEligibilityAmount of   AdvanceRate of   Interest
Officers whose basic pay is Rs   11,530/- and above07- months’   basic pay of Rs.60,000/- or actual cost whichever is less.7.50% p.a.Officers whose basic pay is   Rs.22, 460/- and above.07- months’ basic pay or Rs..80,000/-   or actual cost whichever is less.a.For   Class-IV – 5.00% p.a. b.For Others – 5.50% p.a.

Moped Advance:

Existing Revised
EligibilityAmount of   AdvanceEligibilityAmount of   Advance
Officers whose basic pay is Rs.11530/- and above.  
All Drivers who have completed two years of service irrespective of their basic pay.
07- months’ basic pay or Rs.25,000/- or actual cost whichever is lessOfficers whose basic pay is Rs.16,400/- and above. All Drivers who have completed two years of service irrespective of their basic pay.07- months’ basic pay or Rs.35,000/- or actual cost whichever is less

Bicycle Advance:

Existing Revised
EligibilityAmount of   AdvanceRate of   InterestEligibilityAmount of   AdvanceRate of   Interest
All employees including Class-IV (except to those for whom advance for the purchase of Motor Car   /Motor Cycle sanctioned earlier)Rs.5,000/- or   Actual Cost whichever is less.6.50%   p.a.All employees including Class-IV   (except to those for whom advance for the purchase of Motor Car / Motor Cycle sanctioned earlier)Rs.10,000/- or   Actual Cost whichever is less.a. For   Class-IV -5.00% p.a. b. For Others – 5.50% p.a.

Marriage Advance:

Existing Revised
EligibilityAmount of   AdvanceRate of   InterestEligibilityAmount of   AdvanceRate of   Interest
For the marriage of male employees themselves or for the marriage of sons of the male / female employees.a. For Class-   IV: Either 15 months’ pay or Rs.30,000/- whichever is less. b.For Others: Either 15 months pay or Rs.50,000/- whichever is less.1. Gazetted Officers – 8.5% p.a.   2. Non- Gazetted Officers – 7.5% p.a. 3. Class-IV employees – 6.5% p.a.For the marriage of male employees them-selves or for the marriage of sons of the male / female employees.a. For Class-   IV Either 15 months pay or Rs.75,000/- whichever is less. b. For Others: Either 15 months pay or Rs. 1,25,000/- whichever is less.a. For Class-IV   -5.00% p.a. b. For Others – 5.50% p.a.
For the marriage of female employees them-selves or for the marriage of the daughter of the male / female employeesa. For Class-   IV: Either 15 months pay or Rs.50,000/- whichever is less. b. For Others: Either 15 months pay or Rs.75,000/- whichever is less.1. Gazetted Officers – 8.5% p.a.   2. Non- Gazetted Officers – 7.5% p.a. 3. Class-IV employees – 6.5% p.a.For the marriage of female employees them-selves or for the marriage of sons of the male / female employeesa. For Class-   IV Either 15 months pay or Rs. 1,00,000/- whichever is less. b.For Others: Either 15 months pay or Rs. 2,00,000/- whichever is less.a. For Class-IV   -5.00% p.a. b. For Others – 5.50% p.a.

Personal Computer Advance:

Existing Revised
EligibilityAmount of   AdvanceRate of InterestEligibilityAmount of   AdvanceRate of Interest
Employees whose basic
pay is Rs.22,430/- p.m., or more.
Rs.
50,000/-
8.50%Employees
whose basic pay is Rs.16,400/- p.m., or more
Rs.
50,000/-
a. For Class-IV –   5.00% p.a. b. For Others – 5.50% p.a.

FESTIVAL ADVANCE:

Existing Revised
EligibilityAmount of   AdvanceNo.of   Instal
ments
EligibilityAmount of   AdvanceNo.of   Instal
ments
a) Employees drawing pay in the scale of Rs.13,660 – 38,570 or below.  b.) For Class-IV:Rs.3,000/-   Rs.2,000/-10
10
a) Employees drawing pay in the scale of Rs.26,600 –   77,030 or below b.) For Class-IV:Rs.7,500/-   Rs.5,000/-10
10

SPECIAL FESTIVAL ADVANCE FOR PURCHASE OF APCO CLOTH:

Existing Revised
EligibilityAmount of   AdvanceNo.of   InstalmentsEligibilityAmount of   AdvanceNo.of   Instalments
a) Gazetted   Officers b) Non-Gazetted Officers b.) For Class-IV:Rs.5,000/- Rs.4,000/-   Rs.3,000/-10
10
10
a) Gazetted   Officers b) Non- Gazetted Officers b.) For Class- IV:Rs.7,500/- Rs.6,000/-   Rs.4,500/-10
10
10

Educational Advance:

Existing Revised
EligibilityAmount of   AdvanceNo.of   InstalmentsEligibilityAmount of   AdvanceNo.of   Instalments
Non-Gazetted Officers and Class-IV:Rs.5,000/-10Non-Gazetted Officers and Class-IV:Rs.7,500/-10

4. In respect of all loans, the penal interest will be charged at the double the rate of normal interest in case the advances are is-utilized or not utilized at all and at 5 times the normal rates for non-compliance with formalities.
5. All other conditions governing the sanction of the above advances under the existing Rules will continue.
6. These orders shall come into force from the date of issue of the G.O.

GO.167 AP PRC 2015 Loans and Advances,Other Advances to AP Employees

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