Loans & Advances

Budget section of AGPR Islamabad deals the matter of long term advances to Federal Government Employees as per budget provision by the Finance Division. Finance Division provides budget quarterly during the financial year for the issuance of advance to Federal Government employees.

Categories

House Building Advance (HBA) Conveyance
HBA (BPS 1-9) Islamabad Motor Car
HBA (BPS 1-9) Others Motory Cycle
HBA (BPS 10-15) Islamabad Cycle
HBA (BPS 10-15) Others
HBA (BPS 16-22) Islamabad
HBA (BPS 16-22) Others

Note: In HBA, every category further divided into two categories, i.e. General and Priority.

Eligibility Criteria

Loan Category Criteria Amount
Motor Car Basic Pay Rs 20,000/- and above 4,50,000/-
Motor Cycle Basic Pay Rs 7,500/- and above 75,000/-
Cycle Basic Pay upto Rs 7,000/- 7,000/-
HBA Gazatted No minimum service required for FPSC recruited permanent employees Equals to 36 Basic + Any type of Pays
Non-Gazatted – 10 years regular service, or Permanent.
– Class-IV employees can apply after completing their probation period.
Equals to 36 Basic + Any type of Pays

Documents Required

House Building Advance (HBA)

  1. Original application proforma duly filled/ signed by applicant and DDO.
  2. Particulars & Attested copies of the Plot/House.
  3. Attested copies of the valid agreement deed made with the owner of the house/ plot / land to be purchased.
  4. Attested copies of the documents establishing proprietary rights in the name of the seller of the house/ plot/ land.
  5. Attested copy of the NIC.
  6. Attested copy of the latest Pay Slip.

Conveyance

  1. Original application proforma duly filled/ signed by applicant and DDO.
  2. Attested copy of the NIC.
  3. Attested copy of the latest Pay Slip