HBA Rate of Interest for Fy 2022-23 is 7.1% | Interest rate on House Building Advance (HBA) to Central Government (CG) Employees
F.No.I-17015/2(2)/2022/H.111
Government of India
Ministry of Housing & Urban Affairs
Housing — III Section
Nirman Bhawan, New Delhi.
Dated 01st April, 2022
OFFICE MEMORANDUM
Subject: Interest rate on House Building Advance (HBA) to Central Government Employees — reg.
The undersigned is directed to state that in partial modification of this Ministry’s OM No. 1.17011/11(4)/2016-H.III dated 09.11.2017 regarding House Building Advance Rules (HBA) — 2017, the rate of interest on House Building Advance to Central Government Employees will be @7.1% for FY 2022-23 starting from 1st April, 2022 to 31st March, 2023.
2. This issues with the approval of Competent Authority.
