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 | ||||
Eligibility | Amount of Advance | Rate of Interest | Eligibility | Amount of Advance | Rate of Interest |
Officers whose basic pay is Rs.27700/- and above | 15 months’ basic pay or Rs.4.50 lakhs or actual cost whichever is less | 8.50% p.a. | Officers whose basic pay is Rs.37,100/- and above | 15 months’ basic pay or Rs.6.00 lakhs or actual cost whichever is less | a. For Class-IV -5.00% p.a. b. For Others – 5.50% p.a. |
Motor Cycle / Scooter:
Existing | Revised | ||||
Eligibility | Amount of Advance | Rate of Interest | Eligibility | Amount of Advance | Rate of Interest |
Officers whose basic pay is Rs 11,530/- and above | 07- 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 | ||
Eligibility | Amount of Advance | Eligibility | Amount 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 less | Officers 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 | ||||
Eligibility | Amount of Advance | Rate of Interest | Eligibility | Amount of Advance | Rate 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 | ||||
Eligibility | Amount of Advance | Rate of Interest | Eligibility | Amount of Advance | Rate 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 employees | a. 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 employees | a. 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 | ||||
Eligibility | Amount of Advance | Rate of Interest | Eligibility | Amount of Advance | Rate 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 | ||||
Eligibility | Amount of Advance | No.of Instal ments | Eligibility | Amount of Advance | No.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 | ||||
Eligibility | Amount of Advance | No.of Instalments | Eligibility | Amount of Advance | No.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 | ||||
Eligibility | Amount of Advance | No.of Instalments | Eligibility | Amount of Advance | No.of Instalments |
Non-Gazetted Officers and Class-IV: | Rs.5,000/- | 10 | Non-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