Monday, June 7, 2010

Central Government Employees advance amount-Interest free advance- Interest based advance

Advance Amount for Government Employees
Government Employees get advance amount for the following purposes:
There are two types of allowances available..

1. Interest Free Advance

2. Interest based Advances.
1. Interest-free Advances:
1. Advance of Pay on transfer.

2. Leave Salary Advance.

3. Advance of LTC.

4. Advance of T.A. on tour / transfer / retirement.

5. Advance of T.A. to the family of a deceased Government servant.

6. Advance for purchase of bicycle / warm clothing.

7. Advance in connection with medical treatment.

8. Festival Advance.

9. Advance in the event of natural calamity like flood, drought, cyclone, etc.

10. Advance on first appointment / deputation and leave ex-India.

11. Advance in connection with legal proceedings.

12. Advance for training in Hindi through Correspondence Course.
2. Interest-based Advances:
1. Advance for purchase of Personal Computer.

2. Advance to Postal and RMS Inspectors for purchase of typewriter.

3. Advance for purchase of conveyance, i.e., motor car, motor cycle/ moped, scooter.

4. Advance for construction / purchase of house / flat / enlargement of living accommodation.
Note : Rates of interest are prescribed for each financial year for Items 1 to 3 and periodically for Item 
4




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