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GOVERNMENT OF ANDHRA PRADESH
ABSTRACT
ESTABLISHMENT – HIGHER EDUCATION DEPARTMENT – LOANS &
ADVANCES - HOUSE BUILDING ADVANCE to Government employees -
Advance to Smt. S. Siva Naga Rajeswari, S.C. Steno, Higher Education
Department for repairs to her existing house for an amount of Rs.2,00,000/- –
Sanctioned – Orders – Issued.
HIGHER EDUCATION (OP) DEPARTMENT
G.O.Rt.No. 145 DATED:31-03-2012.
Read the following:-
1. G.O.Rt.No.1257, Finance (A&L) Department, dated:29.3.2012
2. G.O.Rt.No.141, Higher Education (OP) Department, dt.31.3.2012.
3. From Smt. S. Siva Naga Rajeswari, SC Steno, Higher Education
Department, application dated dt.25.8.2010.
*****
ORDER:
Under Article-277A of the A.P.F.C. Vol.I and in terms of the orders issued
in the reference 1st and 2nd read above, Government hereby sanction an amount of
Rs.2,00,000/- (Rupees two lakhs only) to Smt. S. Siva Naga Rajeswari, S.C.
Steno, Higher Education Department towards HBA (Repairs) for second time for
carrying out repairs to her house in Plot No.73, Sai Vihar Nagar Colony, Phase-I
Meerpet, Hyderabad subject to the following conditions:-
a) The loanee should submit within six months from the date of drawal of the
advance the utilization certificate and completion report from the competent
authority not lower in the rank of a Deputy Executive Engineer (R&B) to the
effect that the House strictly in accordance with the plan and estimates
furnished by him to the loan sanctioning authority. If she fails to submit the
two certificates within the stipulated time penal interest shall be levied from
the date of drawal of the advance to the date of submission of the above two
certificates.
b) The loanee should execute an additional mortgage deed in favour of the
Government covering the additional advance now sanctioned by the
Government towards repairs and extension etc., within three months.
c) She shall insure the House at his own cost within two months from the date of
drawal of advance for a sum not less than the amount of advance and shall
keep the House so insured against damage by fire, flood or lighting and
deposit the policy with the Government till the advance with interest due
thereon is fully repaid to Government.
d) She shall execute the Surety Bond in the prescribed form (Form-IV) from a
permanent Government Servant, drawing pay not less than his pay shall be
obtained from the individual.
2) The advance sanctioned in para-1 above shall be recovered in 66 monthly
installments. The recovery shall be at Rs.5,000/- being the first installment and
remaining (65) installments @ of Rs.3,000/- per month. The recovery shall
commence from the month of April, 2012. Interest shall be charged @ 5.5 % and
shall be recovered in (15) installments from the month next to the completion of
the recovery of the principle amount fully. It is open to the loanee to repay the
amount in shorter period if he so desires.3. The advance sanctioned in para-1 above shall be drawn from the
provision allotted to this Department vide G.O., 2nd read above and shall be
debited to “7610-Loan to Government Servants 201-House Building Advance
(05)-Loans to Other Officers -001- Loans to other Officers”.
4. This order does not require the concurrence of Finance & Planning
Department as per rules and orders in force on the subject.
(BY ORDER AND IN THE NAME OF THE GOVERNER OF ANDHRA
PRADESH)
M.G.GOPAL
PRINCIPAL SECRETARY TO GOVERNEMENT
To
The individual concerned.
The Higher Education (Claims) Department
The Dy. PAO, Secretariat Branch, Hyderabad.
Copy to:-
The Accountant General, A.P. Hyderabad.
SF/SCs.
//FORWARDED BY ORDER//
SECTION OFFICER