Home India PRR01 - PANCHAYAT RAJ AND RURAL DEVELOPMENT RT-477: Loans and Advances – Sanction of Marriage Advance to...
Date: 2012-03-21 Category: Andhra Pradesh GOIR State: Andhra Pradesh Country: India

RT-477: Loans and Advances – Sanction of Marriage Advance to Sri Lateef Ahmed, A.S.O., P.R. & R.D. Department – Sanctioned – Orders – Issued.

Issued by PRR01 - PANCHAYAT RAJ AND RURAL DEVELOPMENT · Not Applicable

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GOVERNMENT OF ANDHRA PRADESH ABSTRACT Loans and Advances – Sanction of Marriage Advance to Sri Lateef Ahmed, A.S.O., P.R. & R.D. Department – Sanctioned – Orders – Issued. ------------------------------------------------------------------------------------------------------------ PANCHAYAT RAJ AND RURAL DEVELOPMENT (OP.II) DEPARTMENT G.O.Rt.No. 477. Dated:21.03.2012. Read the following:- 1. G.O.Ms.No.175, Finance (A&L) Department, dated 15.05.2010. 2. Memo.No.10221/OP.II/A1/2011-2, P.R. & R.D. (OP.II) Department, Dated 12-03-2012. 4. Application from Sri Lateef Ahmed, A.S.O., dt.18.02.2012. *** ORDER: Government hereby sanction an amount of Rs.75,000/- (Rupees Seventy Five thousand only) towards Marriage Advance to Sri Lateef Ahmed, A.S.O., P.R. & R.D. Department for celebration of the marriage of his daughter on 26.03.2012. 2. The advance is recoverable in monthly installments and is subject to the following conditions: (i) The advance shall be disbursed by the disbursing officer only after obtaining a personal security bond in Form.III appended to in G.O.Ms.No.90, Finance Department, dated 26.3.1970 duly executed by the borrower and another permanent Government Servant as Surety drawing pay not less than that of the borrower and not retiring before completing repayment of the advance with interest. ii) The principal of the loan shall be recovered in 70 monthly installments @ Rs.1,101/- is being the first instalment and the remaining 69 instalments @ Rs.1,071/- per month commencing from the salary of April, 2012, payable on or after 01-05-2012. iii) The advance shall bear simple interest @ 5 ½ % per annum and shall be recovered in (10) monthly equal installments after the payment of principal. iv) If the loanee fails to utilize the amount for the purpose for which it has been sanctioned within three months from the date of drawl of the advance, the advance so drawn in one lump sum together with interest due thereon shall be refunded to Government. v) The advance granted to the loanee shall be subject to summary recovery if it is subsequently proved that it was not utilized for the purpose for which it was sanctioned together with penal interest at 1 ½ times the ordinary rate till the date of recovery of the advance. vi) In case where the loanee dies before the repayment is completed, the outstanding balance and the interest shall be the first charge on the DCRG payable to the legal heirs as stipulated in the agreement. vii) The loanee shall submit to the Government a certificate of utilization in Form IV appended to G.O.Ms.No.90, Finance Department, dated 26.3.1970 within one month from the date of celebration of marriage or within 3 months fromthe date of drawal of the advance whichever is earlier. If the actual expenditure is less than the advance drawn, the difference should be refunded to Government forthwith. 3. Surety bond has been obtained from the loanee and recorded in Office. 4. The expenditure shall be debited to “ M.H.7610 – Loan to Government Servants Minor Head.800 – Other Advances –SH (05) Marriage Advances – 001-Marriage Advances “. 5. A.P.T.C. Form-100 required for payment is enclosed. 6. The P.R&R.D (OP.III) Department are requested to draw and disburse the amount sanctioned in para- 1 above to the Loanee. They are also requested to recover the advance as detailed in para 1(ii) & (iii) fully. (BY ORDER AND IN THE NAME OF THE GOVERNOR OF ANDHRA PRADESH) C.R.BISWAL PRINCIPAL SECRETARY TO GOVERNMENT To Sri Lateef Ahmed, A.S.O., P.R. & R.D. Department. The P.R. & R.D. (OP.III) Department (2 copies) Copy to: The Deputy Pay and Accounts Officer, Secretariat Branch, Hyderabad. The A.G., A.P., Hyderabad. SF/SC’s. // FORWARDED:: BY ORDER // SECTION OFFICERA.P.T.C. FORM – 100 SLIP TO ACCOMPANY CLAIM FOR ‘’ MARRIAGE ADVANCE ‘’ Major Head : “7610- Loans to Government Servants Minor Head : MH.800 – Other Advances Sub and Detailed Head : SH(05) - Marriage Advances 001 – Marriage Advances ‘’ Unit of appropriation : Bill No. Particulars Amount Loans and Advances – Sanction of Marriage Advance to Sri Lateef Ahmed, ASO, P.R. & R.D. Department – Sanctioned – Orders – Issued. (vide G.O.Rt.No. , PR&RD (OP.II) Deptt., Dated: 21-03-2012) 1. Total Budget available upto 3rd quarter for the Financial Year 2011-12 : Rs.75,000-00 2. Previous expenditure: -- - :Rs. 75,000-00 3. Expenditure including the amount of the present bill : Rs. 75,000-00 4. Balance -- -- : Rs. –Nil- (SPACE FOR ENTRIES BY TREASURY) Balance of allotment after deducting the amount of this Bill: Voucher Number -- -- : Amount Paid -- -- : Date of Payment -- -- : Treasury Officer

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