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Central GovernmentVerified

Financial Assistance as Interest Subsidy on Home Loan

Ministry: Ministry Of Defence

Department: Department of Ex-Servicemen Welfare

The scheme aims to provide 50% reimbursement of interest on home loans up to ₹1,00,000 for eligible war widows, war bereaved families, war disabled personnel, and attributable peacetime casualties.

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Official Source ↗
Source: myScheme.gov.in ↗Last verified: 5 Oct 2026·YojnaGuru is not affiliated with or endorsed by any government body

About This Scheme

The Financial Assistance as Interest Subsidy on Home Loan scheme was launched by the Kendriya Sainik Board (KSB), Department of Ex-Servicemen Welfare, Ministry of Defence, Government of India. The scheme aims to provide a small measure of relief to war bereaved, war disabled and attributable peace time casualties(all ranks). Under this scheme, reimbursement of 50% of the interest on a home loan up to ₹1,00,000 is provided for a maximum of five years.

Benefits

₹1.0 L

  • Interest Subsidy Amount: 50% of the interest charged on the home loan.
  • Loan Limit for Subsidy: Up to ₹1,00,000 (even if the loan amount is higher).
  • Duration: Maximum of 5 years or until loan repayment is completed, whichever is earlier.
  • Applicable Loan Sources: Banks, Government/Public Sector undertakings, Life Insurance Corporation (LIC), General Insurance Corporation (GIC), and Housing and Urban Development Corporation (HUDCO).

Eligibility

Note: You may be eligible based on the information shown. Please verify the official eligibility requirements before applying.
  • •

    The applicant must be a war widow, war bereaved family member, war disabled personnel, or attributable peacetime casualty (all ranks).

  • •

    The applicant must have taken a home loan from a bank, government/public sector undertaking, LIC, GIC, or HUDCO.

  • •

    The loan amount considered for subsidy must not exceed ₹1,00,000, regardless of the actual loan amount.

Required Documents

  • ✦
    A certificate to the effect that there would be no change in the schedule of repayment.
  • ✦
    A statement showing the amount of interest actually paid for the period covered under the claim.
  • ✦
    A certificate to the effect that repayment of loan along with interest was regular.
  • ✦
    A copy of Ex-Servicemen Identity Card duly attested.
  • ✦
    A copy of Discharge Book duly attested.

✦ Required ◦ Optional

How to Apply

OOnline

Interested and eligible students need to apply online at the Kendriya Sainik Board Secretariat.

New User Registration

  1. Select the "Register" option.
  2. Complete the registration form with the requisite details, including your name, Aadhaar card number, email ID, mobile number, and bank details.
  3. Establish a password for your account.
  4. Upon successful registration, the applicant will receive a User ID and password.

Login & Application Process:

  1. Log in using the provided User ID and password to access the application form.
  2. Click "New Application" and select the scheme name.
  3. Fill in the complete application form.
  4. Upload the required documents, including a photograph, caste certificate, residential certificate, and bank passbook etc.
  5. Click on the "Save & Forward" and take the printout of the application form.
  6. The applicant submits the printed application along with all the required documents to the District Sainik Board.”
NOTE:

Once the application reaches KSB Sectt., the staff and officers at KSB carry out vetting and approval of the application. Final payment is made online in due course based on the availability of funds in AFFD.

Quick Info

Level
Central Government
Max benefit
₹1.0 L

Categories

Social welfare & EmpowermentBanking,Financial Services and InsuranceHousing & Shelter

Data Sources