GOVERNMENT
OF ANDHRA PRADESH
ABSTRACT
Loans
and Advances – School Education Department- HBA Repairs to Smt V.Nagamani,
Deputy
Secretary to Government – repairs/extension of her house at D.No.24-40,
Situated
at
Gandipet, Chilakaluripet, Guntur District. – Sanction an amount of Rs. 2.00
Lakhs –
Orders
– Issued.
EDUCATION (SE-OP) DEPARTMENT
G.O.RT.No. 219 Dated: 15.09.2014
Read
the following.
1)
G.O.Ms. No.174, Finance (A&L) Department, Dt. 15.05.2010.
2)
G.O.Rt.No.66, BC Welfare (OP) Department Dt.01.03.2011.
3)
G.O.Rt.No.440, BC Welfare (OP) Department Dt.31.12.2012.
4)
G.O.Rt. No.2314, Finance (A&L) Department, Dt. 14.08.2014.
5)
G.O.Rt.No.217, Education (SE-OP) Department, Dt.05.09.2014.
6)
From to Smt V.Nagamani, Deputy Secretary to Government, Appln
dt.06.08.2014.
&&&
ORDER:
Under
Article 226 of A.P.F.C. Volume-I and the rules made there under and as
amended
from time to time, sanction is accorded for payment of an Advance of
Rs.2,00,000/-
(Rupees
Two Lakhs only) to Smt V.Nagamani, Deputy Secretary to Government, School
Education
Department for extension of house/carrying out repairs and improvements to her
House
bearing No.24-40, Situated at Gandipet, Chilakaluripet, Guntur District.
2.
The grant of advance is subject to the following terms and conditions:-
i.
The advance sanctioned shall be utilized for the purpose for which it is
sanctioned
within the stipulated period failing which penal interest as per rules
for
the period not covered by the Government sanction will be levied.
ii.
Interest will be charged at 5.5 % per annum (Simple interest). The rate is
provisional
and subject to revision from time to time.
iii.
The recovery of advance shall be effected through the monthly pay/leave
salary
of the grantee. If the grantee ceases to be in service for any reason,
other
than the normal retirement / superannuation or if he dies before the
repayment
of the advance shall become payable to Government forthwith.
Failure
on the part of the grantee or his successor in interest to pay the
advance
for any reason, whatsoever will entitle the Government to enforce the
mortgage
or to take such action may be permissible under law.
iv.
The loanee shall mortgage the house in favour of Government immediately
before
release of the loan amount sanctioned, if the title of the house is
transferred
to the employee from HUDA, if not the house shall be mortgaged
whenever
the title is transferred to the loanee before the repayment of loan
amount
taken by him.
v.
The loanee shall immediately after completion of the repairs, extensions and
alterations,
insure the property with any reputed insurance company and
produce
the original policy to the sanctioning authority. Such policy shall be
renew
2 years after year till the loan amount is liquidated without waiting for
the
transfer of title of the house.
vi.
The agreement and surety bonds for repayment of the advance should be
executed
and submitted to Government at the time of drawing the advance.
vii.
The repairs etc. should be completed within six months from the date of
drawal
of the advance.
viii.
The loanee will not be eligible for Government accommodation anywhere in
the
State of Andhra Pradesh. The surety bond has been obtained from the
individual
and kept in office.
ix.
The advance sanctioned in para-1 above shall be recovered in (75) monthly
instalments
commencing from the following months of the month in which the
advance
should be recovered at @ Rs.2,716/- in the 1st instalment & @ Rs.
2,666/-
in (74) Equal Monthly instalments. After principle amount is
completely
recovered, the interest at the rate of 5.5% per annum (Simple
interest)
will be charged and recovered in (15) monthly instalments. The rate
of
interest is provisional and will be subject to revision from time to time if
required.
3.
In terms of Circular Memo.No.G-88-08-183-399/A&L/89, Finance & Planning
(FWA&
L)
Department, dt.20-4-89, the complete details of sanction of H.B.A. should be
entered
in
the S.R. of the officer and recovery particulars should be mentioned in the LPC
of the
individual
when he/she is transfer to other department.
4.
The amount sanctioned to the individual at para (1) above shall be disbursed in
lump
sum
and the expenditure shall be met out of the funds allotted to this department
vide
references
4th & 5th cited and shall be debitable to “7610 –
Loans to Government Servants –
MH
201 – House Building Advance – S.H. (05) – Loans to Other Offices - 001 - Other
Officers”.
a.
Certified that the agreement bond and surety bond have been obtained from the
grantee
and they are kept in office record.
b.
Certified that the advance is for the first time and the officer has not taken
such
advance
previously.
c.
Certified that the spouse of the guarantee is not a Government
5.
The Education (SE-OP) Department are requested to draw the amount sanctioned at
para(1)
above and credited to the bank account of Smt V.Nagamani, Deputy Secretary to
Government,
School Education Department through ECS.
6.
The order does not require the concurrence Finance Department as per rules or
orders
on
the subject.
(BY
ORDER AND IN THE NAME OF THE GOVERNOR OF ANDHRA PRADESH)
ADHAR
SINHA
PRINCIPAL
SECRETARY TO GOVERNMENT(FAC)(SE)
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