Computer Advance Interest Rate 2025-26: 9.1% for Central Government Employees

Government of India Announces 9.1% Interest Rate for Computer Advances in 2025-26


The Ministry of Finance, Government of India, through its Department of Economic Affairs (Budget Division), has issued an Office Memorandum (OM) dated 24th March 2025, specifying the interest rate for advances sanctioned to government servants for the purchase of computers during the financial year 2025-26 (1st April 2025 to 31st March 2026).

Key Highlights of the Memorandum

Interest Rate:

The rate of interest for computer advances has been set at 9.1% per annum for the fiscal year 2025-26.

Applicability:

  • The directive applies to all eligible government servants across central ministries, departments, and union territories (UTs) without legislatures.
  • The OM has been circulated to key financial authorities, including the Comptroller and Auditor General of India (CAG), Controller General of Accounts (CGA), and Defence Accounts.

Purpose of the Advance:

The computer advance scheme enables government employees to procure computers for personal use, ensuring digital efficiency and workplace productivity.

Implementation & Compliance:

All concerned departments, including Pay & Accounts Offices (PAOs) and Integrated Finance Divisions (IFDs), must adhere to the prescribed interest rate.

The OM has also been forwarded to constitutional bodies like the Supreme Court of India and the Union Public Service Commission (UPSC) for awareness.

Why This Matters for Government Employees

Affordable Financing: The 9.1% interest rate makes it easier for employees to upgrade their digital tools without financial strain.

Transparent Guidelines: The OM ensures uniformity in financial policies across all government departments.
Boosting Digital Infrastructure: Supports the government’s vision of a digitally empowered workforce.

Conclusion

This interest rate notification reaffirms the Government of India’s commitment to employee welfare and digital modernization. Government servants planning to avail of computer advances must note the 9.1% annual interest rate applicable from April 2025 to March 2026.

For further details, refer to the official memorandum (F.No.5(2)-B(PD)/2025) issued by the Budget Division, Ministry of Finance.


The image contains the official memorandum (OM) from the Ministry of Finance, Government of India, detailing the 9.1% interest rate for computer advances in 2025-26. Key elements include:
Header: Government of India, Ministry of Finance, Department of Economic Affairs.
Subject: Advances for computer purchase at 9.1% interest.
Recipients: All central ministries, UTs, CAG, CGA, and other audit authorities.
Issued by: Deputy Director (Budget), Lekfha Nair.


F No. 5(2)-B(PD)/2025
Government of India
Ministry of Finance

Department of Economic Affairs
(Budget Division)

Room No. 237, North Block,
New Delhi, the 24th March, 2025

OFFICE MEMORANDUM

Subject: Advances to Government Servants – Rate of interest for purchase of Computer during 2025-26.

The undersigned is directed to state that the rate of interest for advance sanctioned to the Government servants for purchase of computer during 2025-26 i.e. from 1st April, 2025 to 31st March, 2026 is as under:

Advance for purchase of Computer Rate of interest per annum
Computer Advance 9.1%

(Lekfha Nair)
Deputy Director (Budget)

To:

  1. All Ministries/Departments of the Government of India with spare copies for Integrated Finance Division (IFD), Controller of Accounts and Pay and Accounts Officers.

  2. Finance Secretaries of UTs without legislature.

Copy forwarded to:

  1. Comptroller and Auditor General of India, New Delhi.

  2. Controller General of Accounts, New Delhi.

  3. Controller General of Defence Accounts, New Delhi.

  4. All Auditor Generals and Director of Accounts.

  5. Supreme Court of India.

  6. Union Public Service Commission, New Delhi.

(Lekfha Nair)
Deputy Director (Budget)


Key Details:

  • Issuing Authority: Ministry of Finance, Department of Economic Affairs (Budget Division).

  • Effective Period: 1st April 2025 to 31st March 2026.

  • Interest Rate: 9.1% per annum for computer advances.

  • Recipients: All central ministries, UTs, and constitutional bodies (CAG, UPSC, etc.).

Keywords:

Government of India, Ministry of Finance, Computer Advance Interest Rate 2025-26, Advances for Government Servants, Budget Division, Department of Economic Affairs, Interest Rate for Computer Purchase, 9.1% Interest Rate, Government Employee Benefits, Financial Guidelines 2025-26

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