GO 175 Loans and Advances for Govt employees in PRC 2010

GO 175 Loans and Advances for Govt employees: GOVERNMENT OF ANDHRA PRADESH, LOANS AND ADVANCES -Admissibility in Revised Pay Scales, 2010-Recommendation of Pay Revision Commission 2010-Accepted-Orders-Issued.

FINANCE (A & L) DEPARTMENT
G.O. Ms. NO. 175 Dated: 15-05-2010.

Read the following:-
1. G.O. (P) No.78, Finance (FW: A&L) Department, dt 03-04-2006.
2. G.O.Ms.No. 438, General Administration (Spl. A) Department, dt 7-7-2008.
3. G.O. (P) No. 52, Finance (PC.I) Department, dt 25-2-2010.

ORDER:
In the Government Order 3rd read above, based on the recommendations of Ninth Pay Revision Commission, orders were issued implementing the Revised Pay Scales, 2010 to the State Government employees.

2. The Ninth Pay Revision Commission, among others, has recommended the enhancement of eligibility ceiling for various existing advances for which Government employees are eligible as per Rules.

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

Nature of Loan Pay Ranges in Revised Pay Scales, 2010 Enhanced Ceiling rate Eligibility Maximum monthly installments for recovery Prl. Int.
1. Motor Car Advance Employees drawing basic pay of Rs. 27,700/- and above Rs. 4,50,000/- either 15 months’ basic pay or actual cost whichever is less 135 65
2.Motor Cycle/ Scootor Employees drawing basic pay of Rs.11,530/- p.m.and above 60,000/- Either 7 times of basic pay or actual cost of vehicle whichever is less 80 16
3.Moped Advance Employees drawing basic pay of Rs.11,530/- p.m.and above and for all drivers who have completed 2 years of service irrespective of their pay as above. 25,000/- Either 7 times of basic pay or actual cost of vehicle whichever is less 60 16
4.Bicycle Advance   5000/- or actual cost whichever is less . (All employees including Class- IV, except to those for whom advance for the purchase of Motor Car/Motor Cycle/Moped was sanctioned earlier) 26 4
5.Marriage Advance   30,000/- or 15 months pay whichever is less for Class.IV employees 50,000/- or 15 months pay which ever is less for
others
50,000/- or 15 months pay whichever is less Class.IV employees 75,000/- or 15 months pay which ever is less for
other
For the Marriage of Male employees themselves or for the marriage of sons of the male/female employees.   For the marriage of Female employees themselves or for the marriage of daughters of the male/female employees. 70 10
6.Personal Computer Advance Employees drawing basic pay of Rs.26,300/- and above. (Judicial Officers are not eligible 50,000/- Or actual cost, whichever is less 135 65
7.Festival Advance Class-IV employees For other than Class.IV Employees drawing pay in the scale of pay of Rs. 13360 – 38570/- or below 2,000/-     3,000/- Once in a financial year 10 equal instalments
8.Special Festival Advance a.Gazetted Officers b.Non- Gazetted Officers c.Class.IV Employees 5,000/-   4,000/-     3,000/- Once in a financial year 10 equal instalments
8. Education Advance Non- Gazetted employees including class IV employees 5,000/- Once in the academic year 10 equal instalments
GO 175 Loans and Advances for Govt employees

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 mis-utilized or not utilized at all and at 1 ½ % times the normal rates for non-compliance with formalities.

5. All other conditions governing the sanction of the above advances under the existing Rules/Orders will continue.

6. These orders shall come into force from 01-04-2021.

Download the GO.No.175  Loans and Advances for  Govt employees

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