GO Ms No 219 Marriage Advance Loan to AP TS Employees

GO Ms No 219 Marriage Advance Loan  Dated 28-04-1994


Loans and Advances - Loans to Government Servants - Enhancement of existing ceiling of Marriage Advance - Orders - Issued. FINANCE AND PLANNING (FIN., WING: A&L) DEPARTMENT 

GO Ms No 219 Marriage Advance Loan GO Ms No 219 Marriage Advance Loan

 Read the following: -
 1) G.O.Ms.No. 90, Fin. & Plg. (PPR & L) Dept., dated: 26-3-70.
2) G.O.Ms.No. 96, Fm. & Plg. (A & L) Dept, dated: 8-4-75 
3) G.O.Ms.No. 168, Fin. & Plg. (A & L) Dept., dated: 28-6-75. 
4) G.O.Ms.No. 105. Fin. & Plg. (A & L) Dept., dated: 19-6-92. 
5) Representation from the A.P.Secretariat Association, dated: 18-10-93.

 *** 

ORDER: 

The Andhra Pradesh Secretariat Association have represented for enhancement of the existing ceiling limit of Marriage advance due to abnormal increase in the marriage expenses. 

2. Keeping in view of the cost of living. Government after careful consideration hereby order that the limit of existing ceiling in respect of Marriage Advance shall be enhanced with immediate effect as detailed below: Enhanced ceiling Marriage Advance for Male Government Servant or Son of Government Servant. For class-IV Employees Rs. 5.000/- For Others Rs. 10,000/- Female Government Servant or Daughter of Government Servant. For Class-IV Employees Rs. 10.000/- For Others Rs. 20,000/- 

3. The recovery of the said advance will be made in 70 installments for principal and 10 installments for interest. The rate of interest will be chargeable as follows: For Gazetted Officers : 8 1/2% For Non-Gazetted Officers : 7 1/2% For Class-TV Employees : 6 1/2% 

4. The other conditions governing the sanction of Marriage Advance will continue. 

5. These orders will come into force with effect from the date of issue of the orders and those who have already drawn the advance shall not be eligible for any differential amount. 

(BY ORDER AND IN THE NAME OF THE GOVERNOR OF ANDHRA PRADESH) 
P.V. BHIDE 

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