The Finance Ministry announced the increase in the rate of interest for buying the computer at 9.10%. As this information was to the government employees before buying the computer they have to know the rate of interest.
Rate of interest for computer 2023-2024
According to the directive from the Finance Ministry on March 29th, 2023, the interest rate for acquiring a computer in the fiscal year 2023-24 is set at 9.10%.
Government of India
Ministry of Finance
Department of Economic Affairs
North Block, New-Delhi
Dated the 29th March 2023
Subject: Advances to Government Servants – Rate of interest for purchase of Computer during 2023-24.
The undersigned is directed to state that the rate of interest for advance sanctioned to the Government servants for purchase of computer during 2023-24 i.e. from 1st April, 2023 to 31st March, 2024 is as under:
Rate of interest per annum – Advance for purchase of Computer – 91%
Under Secretary (Budget)