Here I am sharing the Detail of Interest on Advances for the Government Employees. You will know here who are eligible for the interest on advance or not. Detail is as under:
I have already shared the details of Interest Free Loans i.e Motorcycle, Motorcar, HBA etc, however I am here sharing the details of Admissibility of Option for Non-Interest Bearing GP Fund Account or Vice Versa and Remission/Recovery of Interest on…
According to Sl. No. 5 of ESTA CODE & Finance Division O.M.No.F.6(1)-R-8/74 dated 18-10-1975, there is facility of Grant of Interest Free Loans to Government Servants Who Don’t Receive Interest on Provident Fund Deposits. Detail is as under:
Government of Khyber Pakhtunkhwa, Finance Department has issued No.3-E(F/L)FD/2017/VoI-VI dated 15-02-2018 in connection with Revised Rates Advances KPK (Motorcycle, House Building, Bicycle, Motorcar). Detail is as under: