Principal Accountant General (A&E) - I, Maharashtra, Mumbai

GPF Advances

GPF Information

Advances from the Fund

I. Temporary Advance

A temporary advance is granted to a subscriber from the amount standing to his credit in the Fund by the departmental officers for specified purposes. The advance can be drawn to the extent of the monetary limits prescribed in the delegation of financial powers of the respective departments subject to a maximum of 75% of the balance at credit or (3a-b)/4 (a = balance at credit, b = amount of consolidated advance outstanding) whichever is less. In the case of part-time contingent employees, it shall not be in excess of 16 months' pay or half the amount at credit of the subscriber in the fund, whichever is less. The sanctions for temporary advances are noted in the subscribers’ accounts.

Temporary advance is to be applied in Form B.

Conditions for Sanction of Temporary Advance

Recovery of Temporary Advance

1. The advances are recoverable from the subscriber in such number of equal monthly installments as the sanctioning authority may direct, but such number shall not be less than 12 unless the subscriber so elects or not more than 36. In the case of part-time contingent employees, the number of instalments in normal cases shall not be less than 15 unless the subscriber so elects for not more than 30.

2. When there is an advance running and a second advance is sanctioned, the balance of the previous advance not recovered shall be added to the advance so sanctioned and the subsequent installments for recovery of advances shall be fixed with reference to the consolidated amount.

3. The recovery shall commence with the issue of pay for the month following the month in which the advance was drawn.

4. A subscriber may at his option repay two or more instalments in a month.

II . Non-Refundable Advance

The Head of Department is competent to sanction non-refundable advance up to 75% of the balance at credit. The quantum of NRA that can be sanctioned by various other administrative authorities is specified in the relevant delegation of financial powers of the respective departments.

Non-Refundable Advance is to be applied in Form B1.

Conditions for Sanction of Non-Refundable Advances

NRA to Employees on Deputation/Foreign Service

Sanction - Gazetted Officers and Non Gazetted Officers

By the competent authority of the office in which he was attached at the time of proceeding on foreign service/deputation

Payment - Gazetted Officers

If on deputation within the State, nearest treasury officer will be authorized by the Accountant General to pay the amount to the subscriber. A copy of the authorization will be endorsed to the Gazetted Officer who should present the bill at the treasury. If deputation is outside the State, Accountant General of that state will be authorized to arrange payment.

Payment - Non Gazetted Officer