Mataracy
VIP Contributor
When its come to motor vehicle Advance ,let me use my country as an example.
This is a loan given to a confirmed serving officer to enable him purchase a motor vehicle . Advances for the purchase of Motor vehicle shall be approved and issued by Accounting officers of Ministries/Departments for officers on GL08 and above.
The maximum advance which may be granted to officers for the purchase of motor vehicles will be determined from time to time by the government .
An officer may not be considered for an advance when the cost of maintaining a car and repaying the installments are liable yo cause him financial embarrassment. Full account shall be taken of an applicant's emoluments and deductions there from including any other outstanding loans.
This is a loan given to a confirmed serving officer to enable him purchase a motor vehicle . Advances for the purchase of Motor vehicle shall be approved and issued by Accounting officers of Ministries/Departments for officers on GL08 and above.
The maximum advance which may be granted to officers for the purchase of motor vehicles will be determined from time to time by the government .
An officer may not be considered for an advance when the cost of maintaining a car and repaying the installments are liable yo cause him financial embarrassment. Full account shall be taken of an applicant's emoluments and deductions there from including any other outstanding loans.