GO 553-FB dated 11.08.2014 Housing Loan Scheme for the employees of the Government of West Bengal.
The Government of West Bengal, Finance Department issued 553-FB dated 11/8/2014 for GO 553-FB dated 11.08.2014 Housing Loan Scheme for the employees of the Government of West Bengal.. This order comes under the Budget category and is published on the official Finance Department portal.
Government of West Bengal
Finance Department
Budget Branch
No.: 553-FB Dated 11/8/2014
MEMORANDUM
In continuation of this Department Memo. Nos. 1456-F.B. dt.08.11.2006; 828-F.B. dt.29.07.2008; 1636-F.B. dt.01.12.2008; 1860-F.B. dt.06.01.2009; 2492-F.B. dt.30.03.2009, 1300-F.B. dt.11.09.2009; 505-F.B. dt.11.03.2010; 2620-F.B. dt.27.12.2010; 2242-F.B. dt.30.11.2011 and 2151 dt.14.03.2013, the undersigned is directed by order of the Governor to say that the Governor has been pleased to accord sanction to introduce the revised rate of interest in the Housing Loan Scheme for employees of Government of West Bengal with immediate effect in the following manner as prescribed by UNITED BANK OF INDIA.
- Housing Loan Revised Rate of Interest (Per Annum) for loan limit upto Rs. 30.00 lakh to be valid for next one year with effect from 01.08.2014.
| Sl. No. | Period | Rate |
|---|---|---|
| 1. | Repayment period upto 10 years | 11.00% p.a. (fixed) |
| 2. | Repayment period above 10 years | 11.25% p.a. (fixed) |
- The above rates will remain valid for the entire loan repayment period for all new loans sanctioned on the basis of this order.
- All other terms and conditions as contained in the aforesaid Memo. No.1457-F.B. dt.08.11.2006 and subsequent orders issued from time to time in the matter remain unchanged. It will be applicable to all new Housing Loan proposals sanctioned and disbursed during until further order with immediate effect.
Sd/- A. Srivastava
Joint Secretary to the
Government of West Bengal
Vide Memo No.: 553-FB Dated 11/8/2014
Copy forwarded for information and necessary action to :-
- The Accountant General (A&E), West Bengal, Treasury Buildings, Kolkata – 700 001.
- The Director, Directorate of the Treasury and Accounts, West Bengal, 4, Lyons Range, 2nd and 3rd Floor, Kolkata – 700 001.
- The Additional Chief Secretary / Principal Secretary / Secretary, Department.
- The Group Finance (Audit) Deptt.
- The Commissioner, Division.
- The District Judge, District.
- The District Magistrate, District.
- The Treasury Officer, Treasury.
- The Deputy General Manager, (Retail Banking), United Bank of India, 11, Hemanta Basu Sarani, Kolkata – 700 001 with reference to their Memo. No. RBD/73/166/2014-15 DT.13.06.2014. It is requested to furnish E.M.I. charts as per aforesaid rate of interest.
Joint Secretary to the
Government of West Bengal
Vide Memo No.: 553-FB Dated 11/8/2014
How to Access the Original Order:
The original PDF of Memo No. 553-FB is available on the West Bengal Finance Department’s official website. You can download it directly from the link below:
FAQs for 553-FB:
Q: What is Memo No. 553-FB?
A: It is a Finance Department notification issued on 11/8/2014 related to the matter of GO 553-FB dated 11.08.2014 Housing Loan Scheme for the employees of the Government of West Bengal., Department of West Bengal.
Q: Which department issued this order?
A: The Finance Department, Government of West Bengal, under the Budget category.
Q: What is described on the order?
A: GO 553-FB dated 11.08.2014 Housing Loan Scheme for the employees of the Government of West Bengal..
Q: Where can I find the original document?
A: The original PDF is available at the official Finance Department website: finance.wb.gov.in