Marriage Advance Marriage Loan AP TS Employees Teachers

Marriage Advance Marriage Loan AP TS Employees Teachers. Marriage Advance Procedure for Employees, Teachers. Hi Teachers and Employees who are looking for Details of Marriage Advance.. Government of Andhra Pradesh and Government of Telangana have provided the facility of Marriage Advance (Marriage Loan) for their Employees and Teachers working in their respective states. The Complete Details, Rules, Norms, Application Form for Marriage Advance Marriage Loan are given below. The Marriage Advance for Teachers Employees in Telugu are also given below. Marriage Advance Application Form, Marriage Advance from Government, Treasury Application Set.
The eligibility ceiling of House Building Advance is as laid down in G.O. (P) No.77 Finance (A & L) Department Dated: 03-04-2006. The ceilings in respect of Marriage Advance, Motor Cycle Advance, Motor Car Advance, Cycle Advance etc., are as laid down in G.O.(P) No.78 Finance (A & L)Department Dated: 03-04-2006.

Marriage Advance Marriage Loan AP TS Employees Teachers

A. Marriage Advance Details. Checklist for sanctioning Marriage Advance.
  1. Sanction claim and recovery of Marriage Advance should be checked with reference to the orders issued in G.O.Ms.No 98 Finance Department, dated 26.03.1970. 
  2. A Certificate to the effect that no previous advance is pending recovery be enclosed. 
  3. The advance sanctioned shall be drawn and disbursed not earlier than two (2) months of the anticipated date of marriage. 
  4. The date of marriage should be furnished in the proceedings on a separate certificate indicating the same. 
  5. If the date of marriage is already performed, the certificate under Para 6(b) of G.O.Ms.No.90 Finance, dated 26.3.1970 be furnished. 
  6. The sanction should be within one year of the marriage. 
  7. The Personal Security Bond in Form-II may be obtained and retained in the office and certificate indicating this be enclosed to the bill. 
  8. A Certificate to the effect that his/her spouse is not a Government servant or if he/she is a Government servant, no marriage advance is sanctioned to him/her should be obtained and enclosed. 
  9. Rate of interest chargeable for Gazetted Officers and  Non-Gazetted Officers should be mentioned in the proceedings. 
  10. Budget Slip-A should be enclosed to the bill. 
  11. Correct Head of account as per Budget Book, i.e. M.H.800 Other Advances-S.H.05-Marriage Advances, may be indicated on the bill. 
  12. Full eligible amounts shall be sanctioned (Govt.Memo.No.36851/1413/AI/A&L/83, Finance Department dated 18.11.1983). Distribution of budget among various applicants without sanctioning full eligible amount is against Government Orders. 
  13. For self-marriage, the following certificate be obtained and enclosed to the bill. 
  14. A certificate to the effect that father and mother are not Government Employees. 
  15. Certificate to the effect that the individual has completed 5 years of regular service. 
  16. A Watch Register observing the recovery of the advance sanctioned should be maintained. (Annexure - 20) 

Revised Rates and Interest Rates as per G.O.Ms.No.167 Dated: 20-09-2017 PRC 2015

Revised as per GO 167 Dated 20-9-2017
Eligibility
Amount of Advance
No.of Installments
Rate of Interest
For the marriage of male employees them-selves or for the marriage of sons of the male / female employees. a. For Class-IV Either 15 months pay or Rs.75,000/- whichever is less. Principal –70
Interest –10
a. For Class-IV -5.00% p.a.
b. For Others: Either 15 months pay or Rs. 1,25,000/- whichever is less. b. For Others - 5.50% p.a.
For the marriage of female employees them-selves or for the marriage of sons of the male / female employees a. For Class- IV Either 15 months pay or Rs.1,00,000/- whichever is less. Principal – 70
Interest – 10
a. For Class- IV -5.00% p.a.
b.For Others: Either 15 months pay or Rs. 2,00,000/- whichever is less. b. For Others - 5.50% p.a.

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