Advances from the Fund :
Temporary advance may be granted to a
subscriber from the amount standing to his /
her credit in the Fund at the discretion of
the appropriate authority, to meet the
expenditure as listed in the Rulebook.
Conditions for sanction :
- There should be a sanction order in
writing by an authority specified in the
5th schedule of the Rules.
- No advance shall be granted unless
the sanctioning authority is satisfied
that the applicant's pecuniary
circumstances justify it and it will be
expended on the following object or
objects and not otherwise.
- The temporary advance should not,
except for special reasons, exceed 50%
of the balance standing at his credit.
Recovery of advances :
- The advances shall be recovered from
the subscriber in such number of equal
monthly installments as the sanctioning
authority may direct, but such number
shall not be less than 12, unless the
subscriber so elects, or more than 24 .