House Building Advance

What Happens If You Default on Your HBA EMI: PSU Employees Recover the Shortfall From Retirement Benefits

by
PSU employee payslip showing HBA EMI deduction beside a house key

What Actually Happens If You Can’t Pay Your HBA EMI There is no penalty and no late fee, not the way a bank loan default works. Your House Building Advance EMI is deducted directly from your salary by your PSU; you never pay it yourself. If your salary in a given month cannot cover the … Read more

HBA vs Bank Home Loan for PSU Employees: Which One Actually Costs Less?

by
HBA vs bank home loan comparison for PSU employees

The One Housing Loan Benefit Most PSU Employees Underuse If you work in a PSU, you already know about the House Building Advance. Ask any colleague planning to buy or build a house — they will tell you to go for the company loan first. The interest rate is low, and everyone knows it. But … Read more