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Tag: Hba

House Building Advance
Odisha hikes house building advance for govt employees; check interest and other details

Such decision has been taken as per the recommendations of the seventh pay commission.

7th Pay Commission: HBA up to Rs 25 lakh approved for govt employees

The Centre has approved loans up to Rs 25 lakh under the house building advance (HBA) scheme for lakhs of Central government employee. The announcement has increased the allowance by three times of the earlier norm. However, if spouse is a Central government employee, then one can’t be eligible to take HBA, either jointly or […]