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Uttarakhandhousing-shelter

Financial Assistance for Purchase or Construction of House (UKBOCWWB)

The scheme provides loans of up to ₹50,000/- to construction workers registered with the Uttarakhand Building and Other Construction Workers Welfare Board (UKBOCWWB) for the purchase or construction of a house, at a minimum interest rate of 5% per annum.

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

What is Financial Assistance for Purchase or Construction of House (UKBOCWWB)?

The scheme provides loans of up to ₹50,000/- to construction workers registered with the Uttarakhand Building and Other Construction Workers Welfare Board (UKBOCWWB) for the purchase or construction of a house, at a minimum interest rate of 5% per annum.

Benefit
1. Under the scheme, registered construction workers are eligible to receive an advance loan amount of up to ₹50,000/- for the purchase or construction of a house, subject to the conditions specified by the Board. 1. Interest of at least 5% per annum is applicable on this loan.
Level
State — Uttarakhand
Ministry / Dept.
Department Of Labour
Benefit type
cash
Key eligibility
1. The applicant must be a construction worker registered with the Uttarakhand Building and Other Construction Workers Welfare Board. 1. To avail an advance loan for the purchase or construction of a house, the worker must have been a member of the fund for at least five years and should have a mini
Last verified
Recently

Benefits

1. Under the scheme, registered construction workers are eligible to receive an advance loan amount of up to ₹50,000/- for the purchase or construction of a house, subject to the conditions specified by the Board. 1. Interest of at least 5% per annum is applicable on this loan.

Eligibility

1. The applicant must be a construction worker registered with the Uttarakhand Building and Other Construction Workers Welfare Board. 1. To avail an advance loan for the purchase or construction of a house, the worker must have been a member of the fund for at least five years and should have a miniArea: UttarakhandBenefit: cash

Documents Required

    How to Apply

    1. Step 1: Online - Via Csc application — step 1

      The online application is submitted through Shramik Suvidha Kendras. Along with the application form, the applicant must attach the Shramik Card, Aadhaar Card, bank account details, and a handwritten self-declaration certificate stating that no assistance has been taken from any other department for the same purpose. If the application is verified and found correct during the departmental investigation, the advance amount is disbursed, on which the worker is required to pay interest at the rate of 5% per annum. Proof of completion of the work must be submitted to the Secretary of the Board within six months from the date of withdrawal of the advance. The sanctioned advance amount shall be recovered in equal installments as determined by the Board.

    Sources & References

    Ready to apply?

    Applications are accepted only on the official government portal.

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