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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.

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

What is 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.

Benefit
1. Credit-linked interest subsidy at 6.5% for eligible loans. 1. 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.
Level
State — Tripura
Ministry / Dept.
Labour Department
Benefit type
cash
Key eligibility
1. The worker should be a registered active BOC worker under the Tripura Building and Other Construction Workers Welfare Board. 1. The worker must be a registered construction worker for at least 5 years. 1. The worker should have a minimum of 20 years before retirement. 1. The registered constructi
Last verified
Recently

Benefits

1. Credit-linked interest subsidy at 6.5% for eligible loans. 1. 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.

Eligibility

1. The worker should be a registered active BOC worker under the Tripura Building and Other Construction Workers Welfare Board. 1. The worker must be a registered construction worker for at least 5 years. 1. The worker should have a minimum of 20 years before retirement. 1. The registered constructiArea: TripuraBenefit: cash

Documents Required

    How to Apply

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

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

    2. Step 2: Online - Via Csc application — step 2

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

    3. Step 3: Online - Via Csc application — step 3

      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.

    4. Step 4: Online - Via Csc application — step 4

      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).

    Sources & References

    Ready to apply?

    Applications are accepted only on the official government portal.

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