What you get
- Under this scheme, an interest-free loan of up to ₹2,00,000/- is provided to registered construction workers for the purchase or construction of their houses. | Note: The Board will provide financial assistance in the shape of interest compensation upto ₹1,00,000/- through banks to the construction workers, who are beneficiaries of Pradhan Mantri Awaas Yojana for the construction of a house.
Who can apply
Required Paperwork
- Aadhaar Card
- PAN Card
- Income Certificate
- Residence Proof (Domicile)
Common Questions
What are the benefits of the scheme?
Registered construction workers can avail of interest-free loans of up to [?]2,00,000/- for the purchase or construction of their houses.
Is there any additional financial assistance available for beneficiaries of the Pradhan Mantri Awaas Yojana (PMAY)?
Yes, beneficiaries of PMAY can receive additional financial assistance in the form of interest compensation of up to [?]1,00,000/- through banks for house construction.
Who is eligible to apply for this scheme?
Applicants must be registered under the Haryana Building & Other Construction Workers Welfare Board and have regular membership for at least 5 years with 8 years left to attain the age of 60 years.
What is the maximum age limit for eligibility?
The maximum age of the worker should be 52 years to ensure repayment of the loan within the next 8 years.
How many times can a worker avail of this facility?
This facility is available once in a lifetime to registered construction workers.
How can a construction worker register under HBOCWWB?
Construction workers can register by visiting the Official Website of the Labour Department Haryana.
Where can applicants apply for the scheme?
Applicants can apply for the scheme through the Official Portal - Antyodaya-SARAL Portal.
What is the repayment period for the loan?
The loan must be repaid within 8 years from the date of disbursement.
Can applicants apply for the scheme multiple times?
No, the application frequency is limited to once per registered worker's lifetime.
Is there any provision for continuation of the loan after the death of the applicant?
No continuation after death.
Is there any registration fee required when registering under HBOCWWB?
Registration fee [?]25/- once in a life-time and [?]5/- per month ([?]60/- P.A.) as subscription fee shall be paid to the Board by the beneficiary.