House Building Advance (HBA) Calculator for Government Employees
Calculate your eligible HBA amount based on government rules
Enter HBA Details
House Building Advance (HBA) Rules for Government Employees
This calculator helps government employees estimate their eligible House Building Advance (HBA) amount for housing-related purposes.
What is HBA?
The House Building Advance is a loan provided to government employees to construct, purchase, or improve a house or plot, governed by rules set by the Ministry of Housing and Urban Affairs.
Calculation Formula
The maximum HBA is calculated as 34 times the monthly basic pay, subject to caps based on the purpose:
- Construction/Purchase of House: ₹25,00,000
- Purchase of Plot: ₹7,50,000
- Enlargement/Repair: ₹10,00,000
Eligibility
Employees typically need at least 5 years of service, though this may vary. The advance is also subject to the cost of the house and repaying capacity.
How to Use This Calculator
- Enter your monthly basic pay.
- Input your years of service.
- Select the purpose of the advance.
- Click "Calculate HBA Eligibility".
Frequently Asked Questions
Who is eligible for HBA?
Employees with at least 5 years of service are generally eligible, subject to department-specific rules.
What is the maximum HBA amount?
It depends on the purpose, capped at ₹25 lakh for house construction/purchase, ₹7.5 lakh for plot purchase, and ₹10 lakh for enlargement/repair.
Where can I find official rules?
Refer to the HBA Rules 2017 and Pensioners' Portal.
0 Comments