HBA interest for Central Government Employees reduced to 7.1% for FY 2022-23

HBA interest for Central Government Employees reduced to 7.1% for FY 2022-23: The government has revised the House Building Advance (HBA) rules for the Central Government Employees to 7.1% for the financial year that starts from 1st April 2022 to 31st March 2023. This central government employees' news will be something to hear about. The HBA interest rate was set at 7.9% for the previous 18 months, from October 1, 2020, to March 31, 2022. The government had previously revised the House Building Advance (HBA) rules for Central Government Employees, taking in      Read More