Ministry of Railways’ Circular on Applicable Interest Rates for 2023-24
The Ministry of Railways, Government of India has issued a notification (RBE No. 52/2023) to inform all Indian Railways, Production Units & Public Sector Undertakings about the interest rate on computer advance for railway employees. The notification includes a copy of the Ministry of Finance’s OM No. 5(2)-B(PD)/2023 dated 29.03.2023 regarding the rate of interest for the advance sanctioned to government servants for purchasing a computer during the financial year 2023-24 (01.04.2023 to 31.03.2024), which will also be applicable to the Railways.
Government of India (भारत सरकार)
Ministry of Railways (रेल मंत्रालय)
Railway Board (रेलवे बोर्ड)
RBE No. 52/2023
2020/F(E)SPL./Computer Advance/1(7th CPC)
New Delhi, Dated: 11.04.2023
The General Managers and PFAs
All Indian Railways, Production Units & Public Sector Undertakings
(As per standard list)
Sub.: Interest Rate on Computer Advance for Railway employees.
A copy of Ministry of Finance’s OM No. 5(2)-B(PD)/2023 dated 29.03.2023 regarding rate of interest for advance sanctioned to Government servants for purchase of computer during 2023-24 i.e. from 01.04.2023 to 31.03.2024, is enclosed. The same shall be applicable mutatis-mutandis on the Railways.
- Please acknowledge receipt.
(A.$. Bhasin)
Deputy Director Finance (Estt.)-IV
Railway Board