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Computer Advance Interest Rate 2023-24

Last updated: Jan 1st, 2024 at 7:56pm Edited by: Infotechies

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.

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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
(Budget Division)

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%

(Sanjay Rawat)
Under Secretary (Budget)

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