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Page 1 of 1 - Central Bureau of Investigation

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Employees drawing pay including non-practicingallowance(NPA) and stagnation increment(SI) <strong>of</strong> Rs. 10500/-p.m. or more are eligible. This condition may be relaxed by theSecretary to Ministry/Department in deserving cases {Rule 193(ii)}.Amount <strong>of</strong> advance :a) On first occasion Rs 1,80,000 or eleven months’ basicpay +SI +NPA or price <strong>of</strong> car, whichever is the least.b) On second and subsequent occasions Rs 1,60,000 oreleven months basic pay +SI or price <strong>of</strong> car whichever is theleast.c) In case <strong>of</strong> employees holding regular posts abroad theadvance shall be further restricted to the amount admissiblefrom foreign exchange angle.Other conditions :a) A second advance can be taken for purchase <strong>of</strong> adifferent make <strong>of</strong> car without selling previous one purchasedwith advance, but outstanding advance and interest must berepaid before grant <strong>of</strong> second/subsequent advance.b) Second and subsequent advances will be given only after4 years from the date <strong>of</strong> drawal <strong>of</strong> previous advance.c) However, second/subsequent advance may be giveneven before 4 years in following cases:i) When an employee disposes <strong>of</strong> his car in Indiaand proceeds on deputation/training abroad for morethan a year and returns without a car orii) when an employee is appointed to a regular postabroad and does not take his car with him oriii) when one had earlier taken advance for motorcycle and now desires for car, if outstanding amount <strong>of</strong>previous advance, if any, with interest is fully cleared.d) An advance can be granted in two instalments in case <strong>of</strong>employees holding regular post abroad, first for purchasing thecar and second while coming to India for payment <strong>of</strong> customsduty the total being restricted to the overall limit prescribed.<strong>Page</strong> 154 <strong>of</strong> 154

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