GO.37 House Building Advances Enhanced

Sl.No. Pay ranges in Revised Pay Scales, 2015 Enhanced Maximum Ceiling Eligible Amount Rate of Interest
1 Employees drawing basic pay upto Rs.26600/- per month Rs. 10.00 Lakhs Rs.10.00 Lakhs or 72 times of basic pay, whichever is less For Class.IV employees @ 5.00% p.a. For others @ 5.50% p.a.
2 Employees drawing basic pay above Rs.26,600/- p.m. and upto Rs.42,490/- p.m Rs. 12.30 Lakhs Rs. 12.30 Lakhs or 72 times of basic pay, whichever is less. -do-
3 Employees drawing basic pay above Rs.42,490 p.m. and upto Rs.61,450 p.m Rs. 15.00 Lakhs Rs. 15.00 Lakhs or 72 times of basic pay, whichever is less. -do-
4 Employees drawing basic pay above Rs.61,450/- p.m Rs.20.00 Lakhs Rs.20.00 Lakhs or 72 times of basic pay, whichever is less. -do-
5 All India Services Officers working in the State (All India Services officers working in the State may be given the option to choose either the State Govt. ceiling or to adopt Govt. of India rules) Rs.25.00 Lakhs Rs.25.00 Lakhs or 50 times of basic pay, whichever is less -do-

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