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Loans and Advances in AP latest

LOANS AND ADVANCES A.P.F.C Vol-1.Articles 226 to 244 deals with L &A 


1.where both wife and husband are employees, only one among them is entitled. 

2.Repayment capacity of the loan should be assessed before sanctioning the loan by the competent Authority 3.Sufficient budget provision must be there for the advance. 

4.To safe guard the Govt. amount material documents should be examined before sanction of the loan, and even after the loan amount.

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