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Loans and Advances for Construction of a House

The "Loans and Advances for Construction of a House" scheme by the Manipur Building and Other Construction Workers' Welfare Board provides financial support to registered construction workers to build their own houses. Beneficiaries can avail loans based on their skill level, with amounts ranging.

Ministry / Department
Labour and Employment Department
Level
State
Benefit type
cash
Last verified: Recently

Loans and Advances for Construction of a House क्या है?

The "Loans and Advances for Construction of a House" scheme by the Manipur Building and Other Construction Workers' Welfare Board provides financial support to registered construction workers to build their own houses. Beneficiaries can avail loans based on their skill level, with amounts ranging.

लाभ
> ***Financial assistance for house construction for building workers:*** - Unskilled Labour: ₹1,00,000/-. - Simi-Skilled Labour: ₹1,50,000/-. - Skilled Labour: ₹2,00,000/-. > ***Rate of Interest:*** - Simple interest rate of 5% per annum. > ***Repayment:*** - 5-year repayment period with monthly installments.
स्तर
State — Manipur
मंत्रालय / विभाग
Labour and Employment Department
लाभ का प्रकार
cash
मुख्य पात्रता
1. The construction worker should be registered under the Manipur Building and Other Construction Workers' Welfare Board. 1. The construction worker should have an active labor card. 1. The construction must execute a surety bond.
अंतिम सत्यापन
Recently

Benefits

> ***Financial assistance for house construction for building workers:*** - Unskilled Labour: ₹1,00,000/-. - Simi-Skilled Labour: ₹1,50,000/-. - Skilled Labour: ₹2,00,000/-. > ***Rate of Interest:*** - Simple interest rate of 5% per annum. > ***Repayment:*** - 5-year repayment period with monthly installments.

Eligibility

1. The construction worker should be registered under the Manipur Building and Other Construction Workers' Welfare Board. 1. The construction worker should have an active labor card. 1. The construction must execute a surety bond.Area: ManipurBenefit: cash

Documents Required

    How to Apply

    1. Step 1: Offline application — step 1

      Step-1: The interested applicant should visit (during office hours) the Manipur Building and Other Construction Workers Welfare Board and request a hard copy of the prescribed format of the application form from the staff exclusively entrusted to issue and collect filled-in applications.

    2. Step 2: Offline application — step 2

      OR

    3. Step 3: Offline application — step 3

      The interested applicant visits the official website and downloads the application form .

    4. Step 4: Offline application — step 4

      Step-2: In the application form, fill in all the mandatory fields, and attach copies of all the mandatory documents (self-attest, if required).

    5. Step 5: Offline application — step 5

      Step-3: Submit the duly filled and signed application form along with the documents to the Labour Board Inspector

    6. Step 6: Offline application — step 6

      Step-4: Request a receipt or acknowledgement from the Labour Board Inspector 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).

    7. Step 7: Offline application — step 8

      NOTE:

    8. Step 8: Offline application — step 9

      The applicant submits the surety bond to the board. The completion certificate shall be submitted to the Board by the beneficiary building worker within six months from the date of Drawal of the Loan or Advance.

    Sources & References

    Ready to apply?

    Applications are accepted only on the official government portal.

    Open Official Website