Rate of interest on computer advance for central government employees 2020-2021

F.No.5(3)-B(PD)/2019
Ministry of Finance
Department of Economic Affairs
(Budget Division)

North Block, New Delhi
Dated the 16th March, 2020

OFFICE MEMORANDUM

Subject: Advances to Government Servants – Rate of interest for purchase of Computer during 2020-21.

The undersigned is directed to state that the rate of interest for advance sanctioned to the Government servants for purchase of Computer during 2020-21 i.e. from 1st April, 2020 to 31st March 2021 is as under:

Also check: 7th Pay Commission Advances

Advance for purchase of Computer
Rate of interest per annum – 9.8%

(Arup Shyam Chawdhury)
Under Secretary (Budget)

Also read: PCDA Orders – Eligibility criteria for Computer Advance

To

1. All Ministries / Departments of the Government of India with spare copies for Integrated Finance Division (IFD), Controller of Accounts and Pay and Accounts Offices.
2. Finance Secretaries of UTs without legislature.