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What is the minimum service required for availing HBA?
The Ministry of Urban Development is the nodal Ministry for implementing the same. The Ministry also formulates the rules about House Building Advance. HBA is provided to all permanent or temporary employees with service of 10 continuous years or more.
Do government employees get house?
The Central Government employees, who wish to construct their own home, can avail the House Building Advance (HBA). 10 lakh or 34 months of basic pay or cost of the expansion of the house or amount according to repaying capacity, whichever is the least.
What is repayment of HBA?
REPAYMENT AND RECOVERY OF HBA:- ( 1) The entire amount of HBA together with interest is repayable in 20 years, 180 monthly instalment for principal and 60 instalment for interest. The official can however, elect to repay in a shorter period than that agreed to.
Is there any notification of ONGC recruitment 2021?
It hasn’t released a notification yet but as usual online application for ONGC recruitment through GATE will be started after the Graduate Aptitude Test in Engineering (GATE) result, in March/April, So before that here you can check your eligibility for ONGC recruitment 2021. Why ONGC is my dream PSU? ONGC stands for?
What is the employee beneficial scheme of ONGC for employees?
Bachelor Accommodation is also provided to employees who are posted on bachelor status. The Employee Beneficial Scheme of ONGC also facilitates its employees to avail self- lease facility where adequate housing facilities do not exist.
Does ONGC provide housing to its employees on lease?
In addition, ONGC also takes houses on lease for its employees. Bachelor Accommodation is also provided to employees who are posted on bachelor status. The Employee Beneficial Scheme of ONGC also facilitates its employees to avail self- lease facility where adequate housing facilities do not exist.
Is gate required for job in ONGC?
No, its is Not. Many PSUs conduct their own exam for recruitment and whenever they need experienced professionals they do hiring without GATE. Therefore, Wherever experienced professionals are required there nothing like any compulsion of qualifying GATE exam. Is there any bond in ONGC?