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PRC 2015 LOANS AND ADVANCES | FESTIVAL ADVANCE, MOTOR CAR ADVANCE, MOTOR CYCLE ADVANCE,MARRIAGE ADVANCE, PERSONAL COMPUTER ADVANCE, EDUCATIONAL ADVANCE GO NO. 167 DT. 20-09-2017



LOANS AND ADVANCES - Admissibility in Revised pay Scales, 2015 – Recommendation of Pay Revision Commission 2015- Accepted –Orders – ssued.

G.O.MS.No. 167                                                                                            Dt. 20-09-2017              
ap teachers PRC 2015 Loans and Advances
ap teachers PRC 2015 Loans and Advances

1.      G.O.Ms.No.175, Finance (A&L) Department, Dt: 15-05-2010.
2.      G.O.(P) No. 46, Fin (HRM-V) Department, dated. 30.04.2015.
3.      From the Special Secretary to Hon’ble Chief Minister C.M.P.No.625/Spl. C.S/2017, Dt: 22-06-2017 enclosing the representation of the Andhra Pradesh Secretariat Association, Dt: 09-06-2017.



In the Government Order 2nd read above, based on the recommendations of the Tenth Pay Revision Commission, Orders were issued implementing the Revised Pay Scales, 2015 to the State Government employees.
2.                  The Ninth Pay Revision Commission, among others, has recommended the enhancement of eligible ceiling for various existing advances for which Government employees are eligible as per Rules.
3.                    Government, after careful consideration of the Tenth Pay Revision Commission recommendations, and in modification of the existing orders in Government orders in the reference 1st read above, governing sanction of such advances to Government employees, here by enhance the ceiling as recommended by the Tenth Pay Revision Commission, as follows.

Motor Car Advance:


Existing
Revised
Eligibility
Amount of Advance
No.            of
Instalments
Rate Interest
of
Eligibility
Amount    of Advance
No.of Instalments
Rate of Interest
Officers
whose
basic
15  months’
Principal    
8.50%
Officers
15     months’
Principal
a.      For
pay is Rs.27700/-  and
basic    pay
135
p.a.
whose
basic
basic  pay or
135
Class-IV
above
or   Rs.4.50
Interest – 65

pay
is
Rs.6.00
Interest – 65
-5.00%

lakhs      or


Rs.37,100/-
lakhs        or

p.a.

actual cost


and above
actual    cost



whichever



whichever  is

b.      For

is less



less

Others -







5.50%







p.a.















Existing
Revised

Eligibility
Amount      of Advance
No.of Instalments
Rate      of Interest
Eligibility
Amount      of Advance
No.of Instalments
Rate      of Interest
Officers whose basic pay    is    Rs 11,530/- and above
07-          months’ basic pay
or Rs.60,000/-
or
actual       cost
Principal    – 80
Interest –16
7.50% p.a.
Officers whose basic pay is
Rs.22, 460/-
and above .
07- months’ basic pay or Rs..80,000/-
or actual cost whichever    is
less.
Principal    – 80
Interest –16
a.For Class-IV - 5.00%
p.a.

whichever    is




b.For

less.




Others     -






5.50% p.a.

b. Motor Cycle / Scooter:


c.  Moped Advance:

Existing
Revised
Eligibility
Amount     of Advance
No.of Instalments
Rate of Interest
Eligibility
Amount     of Advance
No.of Instalments
Rate           of Interest
Officers   whose  basic
07- months’ basic pay
or Rs.25,000/-
or
actual cost which-ever is less
Principal 
7.50%
Officers
07- months’ basic pay
or Rs.35,000/-
or
actual cost whichever is less
Principal 
a.       For
pay  is  Rs.11530/- and
60
p.a.
whose    basic
60
Class-IV -
above.
Interest –16

pay             is
Interest –16
5.00%



Rs.16,400/-

p.a.



and above.


All  Drivers  who have




b.       For
completed  two years




Others   -
of  service irrespective


All      Drivers

5.50%
of their basic pay.


who      have

p.a.



completed





two  years  of





service





irrespective





of  their basic





pay.




 

d. Bicycle Advance:


Existing
Revised
Eligibility
Amount of Advance
No.of Instalments
Rate            of Interest
Eligibility
Amount                  of Advance
No.of Instalments
Rate of Interest
All                employees
Rs.5,000/-
or Actual Cost
whichever is less.
Principal    
6.50%
All
Rs.10,000/-
or
Actual Cost whichever is less.
Principal   
a.     For
including          Class-IV
26
p.a.
employees
26
Class-IV
(except   to   those   for
Interest –04

including
Interest –04
-5.00%
whom advance for the


Class-IV

p.a.
purchase  of  Motor Car


(except       to


/Motor                 Cycle


those         for

b.     For
sanctioned earlier)


whom

Others -



advance   for

5.50%



the  purchase

p.a.



of  Motor Car





/  Motor Cycle





sanctioned





earlier)






2). MARRIAGE ADVANCE:

  
Existing
Revised
Eligibility
Amount                   of Advance
No.of Instalments
Rate             of
Interest
Eligibility
Amount     of Advance
No.of Instalments
Rate             of
Interest
For          the
marriage   of male employees themselves or for       the
marriage of sons of the male            /
female employees.
a.  For Class-
IV :
Either         15
months’ pay or Rs.30,000/- whichever is less.
b.For Others: Either        15
months                pay
Principal – 70
Interest    – 10
1.              Gazetted Officers – 8.5% p.a.

2.                         Non-
Gazetted Officers – 7.5% p.a.

3.                 Class-IV employees – 6.5% p.a.
For           the
marriage    of male employees them-selves or    for    the marriage    of sons   of   the male             /
female employees.
a. For Class-
IV
Either          15
months    pay or
Rs.75,000/-
whichever                    is less.

b.                        For
Others:
Either         15
Principal – 70
Interest    – 10
a.    For Class-IV
-5.00% p.a.


b.   For Others - 5.50% p.a.

or



months    pay



Rs.50,000/-



or              Rs.



whichever                    is



1,25,000/-



less.



whichever    is







less.


For          the
marriage   of female employees them-selves or
for           the
marriage   of daughter   of
a.  For Class-
IV :
Either         15
months                pay or
Rs.50,000/-
whichever                   is less.
Principal – 70
Interest    – 10
1.              Gazetted Officers – 8.5% p.a.

2.                         Non-
Gazetted Officers – 7.5% p.a.
For           the
marriage    of male employees them-selves or    for    the marriage    of
sons   of   the male                /
a. For Class-
IV
Either          15
months    pay or
Rs. 1,00,000/-
whichever                    is less.
b. For Others: Either         15
months    pay or
Rs. 2,00,000/-
whichever                   is less.
Principal – 70
Interest    – 10
a.    For Class-IV
-5.00% p.a.

b.   For Others - 5.50% p.a.
the   male   /
female employees
b.                For
Others:
Either         15

3.         Class-IV
employees     – 6.5% p.a.
female
employees



months                pay






or Rs.75,000/-






whichever                    is






less.












3). PERSONAL COMPUTER ADVNACE: 


Existing
Revised
Eligibility
Amount    of Advance
No.of Instal- ments
Rate of Interest
Eligibility
Amount    of Advance
No.of Instal- ments
Rate of Interest
Employees
Rs.50,000/-
Principal-135
8.50%
Employees
Rs.50,000/-
Princip
a.    For   Class-IV
-
whose  basic pay

Interst-65

whose  basic

al-135
5.00% p.a.

is        Rs.22,430/-



pay            is

Interst-


p.m., or more.



Rs.16,400/-

65
b.    For    Others
-




p.m.,         or


5.50% p.a.





more







4). FESTIVAL ADVANCE:


Existing
Revised
Eligibility
Amount of Advance
No.of Instalments
Eligibility
Amount of Advance
No.of Instalments
a)         Employees
Rs.3,000/-
10
a)      Employees
Rs.7,500/-
10
drawing    pay    in


drawing   pay in


the       scale       of


the     scale     of


Rs.13,660  – 38,570


Rs.26,600        


or below .


77,030 or below


b.) For Class-IV:


b.) For Class-IV:



Rs.2,000/-
10

Rs.5,000/-
10

5).  SPECIAL FESTIVAL ADVANCE FOR PURCHASE OF APCO CLOTH:



Existing
Revised
Eligibility
Amount of Advance
No.of Instalments
Eligibility
Amount     of Advance
No.of Instalments
a)             Gazetted
Rs.5,000/-
10
a)      Gazetted
Rs.7,500/-
10
Officers


Officers


b)     Non-Gazetted
Rs.4,000/-
10
b)            Non-
Rs.6,000/-
10
Officers


Gazetted





Officers


b.) For Class-IV:






Rs.3,000/-
10
b.)   For  Class-
Rs.4,500/-
10



IV:




6). EDUCATIONAL ADVANCE:



Existing
Revised
Eligibility
Amount   of Advance
No.of Instalments
Eligibility
Amount of Advance
No.of Instalments
Non-Gazetted Officers and Class-IV:
Rs.5,000/-
10
Non-Gazetted Officers and Class-IV:
Rs.7,500/-
10

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 1.5 times the normal rates for non-compliance with formalities.

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

6.                          These orders shall come into force from the date of issue of the G.O.
 


DOWNLOD PRC 2015 LOANS AND ADVANCES (FESTIVAL ADVANCE, MOTOR CAR , MOTOR CYCLE,MARRIAGE, PERSONAL COMPUTER, EDUCATIONAL ADVANCE GO NO. 167 DT. 20-09-2017