G.O.Ms.No.60, FINANCE (HRM.IV) DEPARTMENT, Dated: 22nd June, 2023.

by

LOANS AND ADVANCES – Other Advances – Admissibility in Revised Pay Scales, 2020 – Recommendation of First Pay Revision Commission – Accepted – Orders – Issued.

  1. G.O.Ms.No.3 9 , Finance (HRM.IV) Department, dated: 15.04.2015.
  2. G.O.Ms.No.86, General Administration (Spl.C)) Department, dated: 18.05.2018.
  3. G.O.Ms.No.51, Finance (HRM.IV) Department, dated: 11.06.2021.
  4. D.O.No.VIP/MOS-SJE(RA)/2022/8501, Minister of State for Social Justice & Empowerment, Government of India, New Delhi, dated: 23.6.2022.

& & &

O R D E R:

  1. In the Government Order 3rd read above, based on the recommendations of First Pay Revision Commission, orders were issued implementing the Revised Pay Scales, 2020 to the State Government employees.
  1. The First Pay Revision Commission, inter alia, has recommended for enhancement of ceiling for various existing advances for which Government employees are eligible as per Rules.
  2. Government, after careful consideration of the recommendations of the First Pay Revision Commission and in modification of the existing orders issued in Government order 1st read above, governing sanction of advances to Government employees, hereby enhance the ceilings as recommended by the First Pay Revision Commission, below:

 

 

S.No.

Nature of Loan/

Eligible Pay in RPS, 2020

Enhanced ceiling amount (in Rs.)

 

Eligible amount

Maximum monthly instalments for

recovery

 

Rate of interest

Principal

interest

1

2

3

4

5

6

7

1.

Motor Car Advance

 

 

 

Employees drawing basic pay of Rs.54,220/- and above

 

 

 

 

9,00,000/-

Rs.9.00

lakhs or 15 times of basic pay or actual cost of the vehicle, whichever

is less.

 

 

 

 

135

 

 

 

 

65

 

For Class- IV

employees @ 5% p.a. For others @5.50

p.a.

2.

Motor Cycle/ Scooter (*)

 

 

 

Employees drawing basic pay of Rs.32,810/- and above

 

 

 

 

1,00,000/-

Rs.1.00

lakh or 7 times of basic pay or actual cost of the vehicle, whichever

is less.

 

 

 

 

80

 

 

 

 

16

 

For Class- IV

employees @ 5% p.a. For others @5.50

p.a.

3.

Marriage Advance

a)

For the marriage of Male employees themselves or for the marriage of son of

male/ female employees

 

 

 

For Class-IV employees:

 

 

2,00,000/-

Rs.2.00

lakhs or 15 times of basic pay, whichever is less

 

 

70

 

 

10

 

 

@5% p.a.

 

 

 

For others

 

 

3,00,000/-

Rs.3.00

lakhs or 15 times of basic pay, whichever

is less

 

 

70

 

 

10

 

 

@5.50

p.a.

 

 

S.No.

Nature of Loan/

Eligible Pay in RPS, 2020

Enhanced ceiling amount (in Rs.)

 

Eligible amount

Maximum monthly instalments for

recovery

 

Rate of interest

Principal

interest

1

2

3

4

5

6

7

b)

For the marriage of Female employees themselves or for the marriage of

daughter of male/ female employees

 

 

 

For Class-IV employees:

 

 

2,50,000/-

Rs.2.50

lakhs or 15 times of basic pay, whichever

is less

 

 

70

 

 

10

 

 

@ 5% p.a.

 

 

 

For others

 

 

4,00,000/-

Rs.4.00

lakhs or 15 times of basic pay, whichever

is less

 

 

70

 

 

10

 

 

@5.50

p.a.

4.

Personal Computer Advance

 

 

 

Employees drawing basic pay of Rs.24280/- and above

(except Judicial Officers)

 

 

 

 

 

50,000/-

Rs.50,000/-

or actual cost of the Personal Computer (Desktop or

Laptop including Printer), whichever

is less

 

 

 

 

 

135

 

 

 

 

 

65

 

 

For Class- IV

employees @ 5% p.a. For others @5.50

p.a.

5.

Festival Advance

a)

For        Class-IV

employees:

6,000/-

 

 

Once in a financial year

 

 

 

10

 

 

 

0

 

 

 

Interest free

b)

For others drawing pay in the scale of pay of Rs.38,890 – 1,12,510 or

below

 

 

8,500/-

 

 

S.No.

Nature of Loan/

Eligible Pay in RPS, 2020

Enhanced ceiling amount (in Rs.)

 

Eligible amount

Maximum monthly instalments for

recovery

 

Rate of interest

Principal

interest

1

2

3

4

5

6

7

6.

Special Festival Advance

a)

Gazetted

Officers

8,500/-

 

Once in a financial year

 

 

10

 

 

0

 

 

Interest free

b)

Non Gazetted

Officers

7,000/-

c)

Class-IV

employees

5,500/-

7.

Education Advance

 

Non Gazetted employees including Class-

IV employees

 

15,500/-

Once in a financial year

 

10

 

0

 

Interest free

  1. In respect of purchase of Motor Cycle/Scooter, 50% of the budget allocation shall be utilised for purchase of Electric Vehicles.
  2. In respect of all above loans, the penal interest will be charged at double the rate of normal interest in case the advance is misused or not utilized at all and at 1-½ times the normal rates for non-compliance with formalities.
  3. All other conditions governing the sanction of above advances under the existing Rules will continue.
  4. Government based on the recommendations of the 1st Pay Revision Commission, hereby order for discontinuance of the advances for purchase of Moped and Bicycle.
  5. These orders shall come into force with immediate effect.
  6. This Government Order is available on the internet and can be accessed at the address: http://www.goir.telangana.gov.in.
    (BY ORDER AND IN THE NAME OF THE GOVERNOR OF TELANGANA)

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