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					            SRI VENKATESWARA UNIVERSITY , TIRUPATI .

No.D8/17199/Veh.Adv./2011-12.                                           Date:16-02-2012.

FROM

THE REGISTRAR ,
S.V.UNIVERSITY.

TO

The Principal, SVU College of Engineering, Tirupati.
The Principal, SVU College of Arts, Tirupati.
The Principal, SVU College of Sciences, Tirupati.
The Principal, SVU College of Commerce, Management and Computer Science, Tirupati.
All the Heads of Institutions, S.V. University, Tirupati.
The Deputy Registrar, (Admn.,) S.V. University, Tirupati

Sirs/Madam,
                Sub:- S.V. University – Sanction of Vehicle advance to the Teaching and
                      Non-Teaching staff for purchase of Motor car / Motor Cycle /
                      Scooter / Moped for the year 2011-12- Applications- Invited – Reg.

                Ref:- Vice-Chancellor’s (FAC) orders dated 14-02-2012.

                                          ******

         I am, by direction, to send enclosed application form along with the guidelines
for the sanction of vehicle advance for purchase of Motor Car/Motor Cycle/ /Scooter/
Moped for the year 2011-12, for circulation among the Teaching and Non- Teaching
Staff.


         Such of those employees who are eligible and desirous of availing this
opportunity may apply in the prescribed form, for consideration and sanction of advance
for any one of the above vehicles. Last date for receipt of the Application is 06 -03-2012.


         Further, it is noticed from the previous records that most of the employees have
not furnished the service particulars in the application form and the DRAWING
OFFICERS concerned have also forwarded such applications with insufficient
information and thereby lot of delay was caused for finalising the applications. Therefore,
all the Drawing Officers are requested to bestow their personal attention and see that all
the service particulars, required therein, are to be furnished in the applications
WITHOUT FAIL.




                                                                                    P.T.O
                                            :: 2 ::



       Please inform all the employees that the applications with incomplete particulars
such as service particulars, invoice, surety, forwarding authority’s signature etc., will be
summarily rejected and NO CORRESPONDENCE will be entertained. Sufficient number
of application forms may please be cyclostyled / Xeroxed / visit and download from
www.svuniversity.in at your end for distribution to the staff.
                                                                    Yours faithfully
   Encls: As stated above.                                        Sd/- J. Pratap Reddy
                                                                     REGISTRAR.


Copy to all Heads of Depts., in the University Colleges, Tirupati
Copy to all Heads of Depts., in S.V.U. College of Engg., Tirupati
Copy to the Addl. Chief Warden, S.V.U. Engg. College Hostels, Tirupati.
Copy to the Warden, S.V.U. College of Arts Men’s Hostel, Tirupati.
Copy to the Warden, S.V.U. College of Sciences Men’s Hostel, Tirupati.
Copy to the Warden, S.V.U. College of Commerce, Management and
        Computer Science, Men’s Hostel, Tirupati.
Copy to the Warden, SVU College Hostel for Research Scholars, Tirupati
Copy to the Warden, S.V.U. Women’s Hostel, Tirupati.
Copy to the Librarian, S.V. University, Tirupati
Copy to the Consultant Medical Officer, S.V.U. Health Centre, Tirupati           Together
with
Copy to the University Engineer, S.V. University, Tiruapti.                      the
enclosures
Copy to the Head Master, S.V.U. School, Tirupati                                 for
circulation
Copy to the Director, S.V.U.O.R.I.., Tirupati                                    among
the staff.
Copy to the Director, D.D.E., S.V. University, Tirupati
Copy to the Director, S.V.U. Computer Centre, Tirupati, with request to
       Place the letter in University website.
Copy to the Director, Academic College, S.V. University, Tirupati
Copy to the Director, D.O.A , S.V. University, Tirupati
Copy to the Manager, S.V.U. Press, Tirupati
Copy to All Officers in the University.
Copy to All Section Heads in the University office.
Copy to All Section Superintendents, S.V. University, Tirupati.
Copy to the PS/PA to Vice-Chancellor/Registrar, S.V. University
        Tirupati.
Copy to file.

                                      // t. c. f. b . o. //



                                                                 DEPUTY REGISTRAR
                                                                 (ADMINISTRATION)
                     SRI VENKATESWARA UNIVERSITY, TIRUPATI .

         GUIDELINES FOR SANCTION OF ADVANCE FOR PURCHASE OF
              MOTOR CYCLE/SCOOTER /MOPED/ MOTOR CAR(2011-12)
------------------------------------------------------------------------------------------------------------
1. Application forms for the sanction of advance for purchase of Motor Cycle /
Scooter/       Moped / Motor Car should be submitted to the University in the
prescribed form         through proper channel, within the stipulated time.

2. Only permanent employees of the University or who have completed two
years      probation satisfactorily, are eligible for the advance.

3. The following table shows the nature of loan, pay range of employees, ceiling
of           advance and eligibility of employees:
---------------------------------------------------------------------------------------------------
---------
Sl.     Nature of                  Pay Range                    Ceiling rate and eligibility
No the loans
1. Motor Cycle/                  Basic pay of                   Rs.60, 000/- or 7 times of
Basic        Scooter                      Rs.9,200/-                     pay or cost of the
Vehicle
                                  and above                     whichever is less

2. Moped                            -do-                       Rs.25,000/- or 7 times of
Basic                                                                     pay or cost of the
Vehicle
                                                               whichever is less

3. Motor Car                      Rs.27, 700/-                 Rs.4.50 lakh or 15 times of
                                  of Basic pay                  Basic Pay or cost of the car
                                  and above                     whichever is less.
---------------------------------------------------------------------------------------------------
---------
4. Advance shall be sanctioned only for new vehicles (Motor Car, Motor Cycle,
Scooter       or Moped).

5. Out of the total amount provided in the budget every year under “Vehicle
Advance”,
   50% to the Teaching Staff and 50% to the Non-teaching Staff, (both Superior
and Last     grade) will be set apart for sanction of advances. If sufficient
number of applicants are     not available under one category, the applicants
under the other category will be     considered.

6. The Motor Car/Motor Cycle/Scooter/Moped is to be purchased within one
month from
    the date of drawal of the advance failing which full amount of advance
together with
    Interest must be refunded to the University. The original bill/Invoice,
  Registration Certificate and insurance policy along with their Xerox
copies should be submitted to the University immediately after
purchase of the vehicle.
7. If the cost of vehicle exceeds the advance sanctioned, the applicant should
   bear the excess amount. If the cost of the vehicle purchased is less than the
   advance, the balance should be remitted to the University funds immediately
   after the purchase.

8. Those who availed vehicle advance once for two-wheeler are also eligible for
 the
   Sanction of vehicle advance for four wheeler (Motor Car) once, during the
 entire
   Service period provided that:
          (a) they should have cleared the loan obtained earlier for the two
              wheelers.
          (b) such sanction of vehicle advance for four wheelers shall be after
              deducting the loan amount earlier sanctioned for the two wheelers.

9. Along with application the proforma invoice has to be submitted.

                                                                                         ( P.T.O.)
                                        : 2 :

10. The advance paid shall be recovered every month from the salary of the borrower.
    The details of recovery, number of instalments and interest are as follows:-

Sl. Type of        No. of                         No. of             Rate of interest
No. Vehicle        Instalments of            instalments of
                   recovery                    recovery of         Class IV        Others
                   Principle                     interest
                   amount (monthly)             (monthly)
 1   Moped                 60                       16            5% P.A         5.50% P.A

2.   Motor                  80                       16           5% P.A         5.50% P.A
     Cycle/
     Scooter
3.   Motor Car             135                       65           5% P.A         5.50% P.A

11. A Committee constituted by the University will select the applications for
the      sanction of advance.

12. The vehicle purchased must be produced for inspection to the Officer
nominated by the University at any time.

13.The vehicle must be insured as per Motor Vehicles Rules against any loss
or                       Damage by fire or accident and surrender the
(Comprehensive) original Policy to the   University.

14.The Vehicle should be registered in the name of the borrower and should
be                  hypothecated to the University. The application form for
registration, together with the   necessary fee in the form of Demand
Draft/Challan (as desired by the R.T.O) should be         submitted  through
University. The University will forward these applications to the    R.T.O.,
Tirupati for Registration. After receiving the R.C., the same has to be
    submitted to the University for verification and return.

15. The borrower will have no right to sell/pledge the vehicle until the
advance is cleared       together with the interest. A clearance certificate is
to be obtained from the University      after clearance of the loan with
interest.

16. In case of death of the borrower, the balance amount due as on that date
shall be recovered from out of the money i.e., GPF/GPE/GIS and other
amounts payable to         his/her nominee(s) legal heir (s) to which effect an
undertaking shall be obtained and        got entered in the Agreement to be
entered into by the loanee.

17. Taxes like license fee, registration charges, etc., should be paid regularly
by                 the employee.

 18.For payment of advance, surety is to be given by one of the permanent
    employees of the University.

 19.The borrower/surety shall not attain the date of superannuation during the
recovery of       the advance

 20.The class IV employees are also eligible for sanction of vehicle advance.

                                                          Sd/- J. Pratap Reddy
                                                             REGISTRAR.
                                  // t. c. f. b . o. //


                                                               DEPUTY REGISTRAR
                                                               (ADMINISTRATION)
                     SRI VENKATESWARA UNIVERSITY , TIRUPATI .

      FORM OF APPLICATION MADE BY THE S.V. UNIVERSITY EMPLOYEE FOR
        AN ADVANCE FOR THE PURCHASE OF MOTOR CAR/MOTORCYCLE/
                  SCOOTER/MOPED (FOR THE YEAR 2011-12)

      NOTE: 1. Applications received without signature of the Head of the institution will
                   not be entertained.
                2. Incomplete application will not be entertained.
        3. Applications received with false particulars and received after the due date will
                   also be not entertained.
     ------------------------------------------------------------------------------------------------------
----------------


 1.    Application for the purchase of                         :…………………………………….
       (Original Proforma Invoice to be enclosed)

 2.    (a) Name of the applicant in full                       :
           (in Block letters with                 surname
       expanded)

       (b) Employee Code No.

 3.    Designation of the applicant and office in :
       which employed

 4.    Whether permanent, if so, furnish the :
       particulars of the permanent post held by the
       applicant.

       (a) Whether confirmed if so, in which post :
           confirmed.

       (b) Date of first regular appointment & Post :
           appointed and total period of regular :
           service

 5     Date of birth                                           :

 6.    Date of retirement on superannuation                    :

 7.    Basic pay in the present post excluding                 :
       special pay if any as on the date of                    :
       application.                                            :
       (Xerox copy of the salary-slip given by the             :
       University Finance Branch shall be
       enclosed)
 8.    Amount of Gross Pay                                     :

 9.    Total amount of deductions from pay                     :

 10    Whether Vehicle advance was sanctioned in :
       Previous years, if so, furnish the sanction :
       orders No. and date, amount drawn date of :
       clearance of loan

11.    Amount of advance now applied for                       :

12.    Approximate price of the Motor Car/Motor :
       Cycle/Scooter/Moped (Original Proforma :
       Invoice to be enclosed).                 :

                                                                                         (P.T.O.)
                                           : 2 :

       So far, I have not taken any vehicle advance for purchases of Motor
Car/Motor Cycle/Scooter/Moped.


       I shall take possession of the Motor Car / Motor Cycle / Scooter / Moped,
before expiry of one month from the date of drawal of the advance and that I shall
insure the vehicle immediately and fulfill all the conditions of the University. If
I fail to purchase the Vehicle within stipulated time of one month from the date of
drawal of advance, I will repay the entire amount along with interests @ 12.50%
per annum (Class IV employees) for Moped / Motor Cycle / Scooter and @
13.75% for others.


       In case of my death, the balance amount due as on the date of my death
shall be recovered from out of the money i.e., PF/GPF/GIS/CPS and other
amounts payable to my nominees/legal heirs.


I do hereby declare that the particulars furnished above are true to the best of my
knowledge and belief.




Station:                                    SIGNATURE OF THE APPLICANT
Date   :




       Certified that the information furnished by the above applicant with regard
to the Service and Pay particulars are correct.




                            SIGNATURE OF THE DRAWING OFFICER
                                       WITH SEAL




                                                                          (P.T.O.)
                                                        : 3 :

                                  (TO BE FILLED BY THE SURETY)

  (Surety shall not attain the date of superannuation during the recovery of the
advance)


   1.   (a) Name of the Surety                      :

        (b) Employee Code Number                    :

   2.    Designation and Office/Dept.               :
         Where working at present                   :

   3.    Date of birth of the surety                :

   4.    Date of retirement of the surety           :

   5.    Date of first regular appointment          :
         and post to be specified                   :

   6.    Total Service                              :

   7.    Whether permanent, if so, in               :
         which post confirmed                       :

   8.    Permanent postal address                   :

   9.    Whether any vehicle loan is                :
         taken, if so, give details of              :
         amount and year                            :

   10. Present salary particulars                   :
       (Enclose Xerox copy of the                   :
       salary-slip given by the                     :
       University shall be enclosed)
                     PAY          : Rs.
                         D.A.           :   Rs.
                         H.R.A.         : Rs.
                         Others         : Rs.
                                                   --------------
                         Total          : Rs.
                                                   --------------

        I , hereby agree to stand surety to the applicant Sri / Smt. -----------------------------
------------------------------------------working as ----------------------------------------------------
------------------in the office/Department------------------------------------------------------------
-----------------and in case he/she fails to repay the advance for purchase of Motor
Car/Motor Cycle/Scooter/Moped, the outstanding advance and interest thereon may be
recovered from my salary or the amounts payable to me as per the Rules.

STATION:                                          SIGNATURE OF THE SURETY

DATE:                                             DESIGNATION:
                                                  OFFICE / INSTITUTION / DEPT.


                                                                                       (P.T.O.)
                                             :4:

       Certified that the particulars furnished by surety, on page No.3 are found
correct.



STATION:                                     SIGNATURE OF THE DRAWING OFFICER/
                                                    HEAD OF THE INSTITUTION
DATE:                                                  (WITH OFFICE SEAL)


                   TO BE FILLED BY THE SALARY DRAWING OFFICER

 1.     Name of the Applicant & Designation        :

 2.     Basic pay on the date of application       :
        as on date.

 3.     Date of first regular appointment and      :
        total University service as on date.

 4.     Whether vehicle loan is availed or         :
         not availed previously.

 5.     Name of the surety & Designation.          :

 6.     Whether any charges are pending            :
        against the applicant or surety.           :
        (Persons under suspension as on date       :
          are not eligible)



 STATION:                                SIGNATURE OF THE DRAWING OFFICER/
                                               HEAD OF THE INSTITUTION
 DATE:                                           (WITH OIFFICE SEAL)

        Certified that the applicant’s/surety’s service particulars, salary particulars,
 previous advance taken, etc., are checked up with his service register, pay bill etc.,
 and found correct.


 STATION:
                                      SIGNATURE OF THE DRAWING OFFICER.
 DATE:

				
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