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State Government Scheme

Scheme For Loan And Advances to the Beneficiary For Construction Of House

The Scheme for Loan and Advances to the Beneficiary for Construction of House was launched by the Tripura Building and Other Construction Workers Welfare Board, under the Labour Department of Tripura.

Construction Worker
Scheme Level
State
Applicable In
Tripura
Category
Housing & Shelter
How to Apply
Online - via CSC

About the Scheme For Loan And Advances to the Beneficiary For Construction Of House Scheme

The Scheme For Loan And Advances to the Beneficiary For Construction Of House was launched by the Tripura Building and Other Construction Workers Welfare Board, under the Labour Department of Tripura. This scheme offers registered construction workers a credit-linked interest subsidy for the construction of dwelling house.

Benefits

  1. Credit-linked interest subsidy at 6.5% for eligible loans.
  2. Loan amount up to ₹6 lakh, repayable over a maximum period of 20 years.

> Note: Direct subsidy credited to the loan account to reduce financial burden.

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Eligibility Criteria

  1. The worker should be a registered active BOC worker under the Tripura Building and Other Construction Workers Welfare Board.
  2. The worker must be a registered construction worker for at least 5 years.
  3. The worker should have a minimum of 20 years before retirement.
  4. The registered construction worker must not hold any pucca house in any part of the country.
  5. The registered construction workers should have a minimum land area (30 Square meters) as per their income status for the construction of Houses.
  6. The beneficiary family should not have availed of any central assistance under any housing scheme from the central/ state Government.
  7. The worker&#39;s annual income should not exceed ₹3,00,000/-.
  8. The worker should belong to the economically weaker section (EWS) category.

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How to Apply for Scheme For Loan And Advances to the Beneficiary For Construction Of House

Application mode: Online - via CSC

Step 1: The applicant should gather copies of the necessary documents needed to apply for the concerned scheme.

Step 2: The applicant should visit the nearest Common Service Center (CSC) and complete the Biometric Verification Process.

Step 3: The applicant should ensure that the CSC agent completes all mandatory fields in the application form and uploads copies of all required documents.

Step 4: Request a receipt or acknowledgment from the concerned authority to whom the application has been submitted. Ensure that the receipt contains essential details such as the date and time of submission, and a unique identification number (if applicable).

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Frequently Asked Questions

What is the Scheme For Loan And Advances to the Beneficiary For Construction Of House scheme?

The Scheme For Loan And Advances to the Beneficiary For Construction Of House was launched by the Tripura Building and Other Construction Workers Welfare Board, under the Labour Department of Tripura. This scheme offers registered construction workers a credit-linked interest su…

Who is eligible for Scheme For Loan And Advances to the Beneficiary For Construction Of House?

The worker should be a registered active BOC worker under the Tripura Building and Other Construction Workers Welfare Board. The worker must be a registered construction worker for at least 5 years. The worker should have a minimum of 20 years before retirement. The registered construction worker m…

What benefits does Scheme For Loan And Advances to the Beneficiary For Construction Of House provide?

Credit-linked interest subsidy at 6.5% for eligible loans. Loan amount up to ₹6 lakh, repayable over a maximum period of 20 years. Note: Direct subsidy credited to the loan account to reduce financial burden. <br <br

How can I apply for Scheme For Loan And Advances to the Beneficiary For Construction Of House?

Step 1: The applicant should gather copies of the necessary documents needed to apply for the concerned scheme. Step 2: The applicant should visit the nearest Common Service Center (CSC) and complete the Biometric Verification Process. Step 3: The applicant should ensure that the CSC agent complete…

Source: official scheme details published on the Government of India's myScheme portal. Always verify eligibility and deadlines on the official portal before applying. Scheme rules can change.

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