The Railway Board has fixed the interest rate for the House Building Advance (HBA) at 7.1% for the financial year 2026-27.

India

Who

Railway Board

What

When

Thu, 16 Jul 2026 05:58:56 GMT · 2h 4m ago

Where

India ·

Why

To provide concessional loans to railway employees for housing needs.

The Frontline Impact

How this affects you

This decision impacts railway employees by setting the interest rate for loans used to purchase or construct homes. The 7.1% rate is a specific financial term for this employee benefit.

Story chain

1 event in this thread

No related history yet - this is the origin event.

Verified Sources & Citations

CNBC TV18
https://www.cnbctv18.com/personal-finance/indian-railways-board-fixes-7-1-pc-house-building-advance-interest-rate-fy27-19946815.htm
HIGH

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