, GOVERNMENTOE KERLA

Abstract
Securitisation of principal
and interest portion of existing House Loan l)ortft-rlio-
Repayment- Monthly- instalments - paymcnt f<rr the month of Aprll 2014- Sar-rcrioncd
- Orders issued.
FINANCE (LOANS} DEPARTMENT

G, No136/ 14lFtn. . Dated, Thiru

Read: -1. G.O. (P) No.37l2004/Fin dated 15-O1-2004.
2. G.O. (MS) No. 100/O4lFin . datcd 25-O2-2OO4.
3. G.O. {MS} No.149/04/Fin. darcd 24-03-2004.
4. G.O. [MS] No. 1O2l1alFin. dzrted 13.3.2014.

ORDEB
In the Government Ord.er. rcad as 1,r paper above, (;overnmenl had ;rc'corclcd
salction for the securitisation of thc existing house loan porr.folio of Statc Govenrrnr:nt
employees. As per the Governmerrt Q1i61 lrra and 3.d cited, thc principal and inLr:r-cst
portion of the. House Building Advance of thc Statc Government employces u.cre
securidsed to State Bank of India and Cema.ra Bank for an amount ot1 267 crore. 'l'he
entire amount with interest would be repaid over a period ol 15 years rvith arr FIMI of
Rs. 123.76 lakh cach to State Balk of [ntlia r'nd Canara f].mk. Out of r h,. E.MI ol

<.l23.76lakh to State Bank of lndizr, { 84,12,277t-(Rupees Eighty Four Lakh Twelve

Thousand Two Hundred hnd Seventy Seven Only) constrrure thc principal prrrrion
and t39,63,723l- (Rupees Thirty Nine Lakh Sixty Three Thousand Seven Hundred
and Twenty Three Only) the intcrest porriorr. Out ol thr. EMt of {. I23.76 lakh ro
Canara Bank, t 85,08,907/- (Rupees Eighty Five Lakh Eight Thousand Nine
Hundred and Seven Only) is the principat portion and {38,67,093/- (Rupees Thirty
Eight Lakh Sixty Seven Thousand and Ninety Three Only) thc inrr:rest porri,)n.
Dugs to the two banks for the month of March, 2014 were sanitioned lbr repal,rncrrt
vide Government order 4u' cited.
ln tht' t irctrmstances, Governmcnt art l>lcascd lo sanction thr: pa1 m,.nt ,rl'
< 123.76 lakh (Rupees One crore TWenry Thrce la-kh.rrnd S,.\enty Six thousz,nd or,lv)
each to srate Bank of lndia and calara Bank r]'otal I z.cz..;: lal<hs) ior the r.rorHlr ,rl
April, 2O14. The principal portion amounring to {1,69,21,184/- (Rupees One Crore
Sixty Nine Lakh Twenty One Thousand One Hundred and Eighty Four Only) .,vill be
debited to the head of account "60O3 lnternal Dcbt of tlrc State Govcrnnen l-(J( )-
?jqr'::

'IO9-Loans from other Institution -93 Securitization of House Building Advance to

State Government qmployees with State tsank of India ancl Canara Bank (Ngn Plan
charged)".The interest portion amounting to. t 78,30,816/- (Rupees Seventy Eight
Lakh Thirty Thoirsand Eight Hundred:and Sixteen Only) wrll be debited to the ht::id
of account'2049 Interest Payment-01 Interst on Iriternal Debt-2oo Inte'rest ()n Other
IntemalDebts:87-lnterest. on securitization of House Building Advarrce l'o Stale.
Govemment Einpliryees with State Bdnk ol India and Canara Ban(. (Non Plan)
(Charged)". .

_ The Under Secretarv/Additional Secretary, Finance (Accounts) Departn'rent will

draw the amount frirm. the District Treasury, Thiruvananthapuram by mearls o[
Reserve Bank of India cheoue drawn in. favour of State Ba:rk of lndia zutd Canara
I

Bank without authori?ation from the Accountant (ieneral, ih terms of excmption to

Rul6 15, Part - I, KTC. Vol .l
Sincc the paS,rnent ca+not be postponecl, this is espccialll' clearerl lor l)a\ m( nt
in relaxation oI all existing restrictions on payment from Treasuribs including'i'reasllry
Bill Briok.

BY ORDER OFTHE GOVERNOR

V.SOMASI'NDARAN
ADDITIONAL CHIEF SECRETARY(HNANCE)

To

1. The principal Accouhtant General {A&E/G&SSA), Kcralit,

Thiruvananthapuram.
2. The Accountani Gehcral (E&RSA), Kerdta,'l'hini ver'nanthapu rarn
3. The Assistant General Managqr, Canara Bafik, Cantonment Branch,
M.G. Road, Thiruvananthapuram - 695039.
4. The Assistdnt Genera.l Manager, State Bank of lndia, Commercial -
Branch, Thiruvananthapuram. - 14.
5. The District Treasury Officcr, Thiruva n an thaprtram
. 6. Finance Accounts (AFB) Departmcnt.
7r. Under Secretary Finarnce (Accounts) Departmcnt.
.4. Nodal Oflrcer, Finance.
9. The Stock file/ Oflice Copy.

Ordcr