official guidance

House Building Advance Part Repayment Orders

The Housing and Urban Development (HBA) Department, through the Principal Secretary to Government, issued guidance allowing government servants to repay two or more instalments of outstanding House Building Advance principal at the same time. The supplied copy does not display its order number or issue date, but it requires approval for the source of funds and the part repayment, followed by notification to the Accountant General.

Category
Revenue and land administration
Effective
1 January 2018
Pages
2
Status
In force
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What the guidance does

The Housing and Urban Development (HBA) Department permits a government servant to make a part repayment of the outstanding principal of a House Building Advance. Part repayment means paying two or more instalments at the same time, rather than closing the entire outstanding advance.

The guidance responds to requests from government servants who wanted to reduce their interest burden by paying part of the principal early. The supplied copy does not display the guidance's order number or issue date.

Who is affected

The Housing and Urban Development (HBA) Department guidance affects:

  • Government servants who have received a House Building Advance and want to repay part of the outstanding principal.
  • Competent and sanctioning authorities responsible for approving the source of funds and the repayment.
  • The Accountant General, who must receive information about the approval and payment.

The document concerns repayment of a government employee's House Building Advance. It does not describe a process for changing land ownership, land classification or property records.

Required procedure

A government servant seeking part repayment must follow these steps:

  • Apply for permission to raise the funds proposed for repayment under the Tamil Nadu Government Servants Conduct Rules.
  • Obtain permission from the competent authority for the source of those funds.
  • After receiving that permission, apply to the competent authority for permission to make a part repayment of the House Building Advance principal.
  • The competent authority must permit the prepayment and specify the head of account into which the payment must be made.
  • A copy of the permission must be marked to the Accountant General.
  • A copy of the payment challan must also be sent to the Accountant General for information.

Earlier guidance

Government Letter (Ms) No. 274/HBA/2000-1, dated 5 July 2000, had set conditions for complete pre-closure of outstanding House Building Advance principal and interest paid as one lump sum. That earlier process required permission under the Tamil Nadu Government Servants Conduct Rules and disclosure of the source of funds.

The Housing and Urban Development (HBA) Department guidance adds a route for partial principal repayment. The source does not state that Government Letter (Ms) No. 274/HBA/2000-1 was cancelled or replaced.

This summary is generated from the source document to help you find what is relevant. The PDF above is authoritative. For advice on your own property, use LandLens One or speak to a qualified professional.

Common questions

Can a government servant repay several House Building Advance instalments together?

Yes. The guidance allows repayment of two or more instalments at the same time as a part repayment of the outstanding principal.

Do I need approval for the money used to make the part repayment?

Yes. The government servant must apply for permission concerning the source of funds under the Tamil Nadu Government Servants Conduct Rules and obtain the competent authority's approval.

Where should the part repayment be deposited?

The competent authority must identify the head of account into which the approved part repayment is to be made.

Does proof of payment have to be sent to the Accountant General?

Yes. A copy of the payment challan must be sent to the Accountant General for information, and a copy of the repayment permission must also be marked to the Accountant General.