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Home Loan Interest Subsidy Scheme- Gujarat Labour Welfare Board

Under the scheme, a 3% Interest Subsidy is provided to workers who are employed in the organized sector to buy their own house and get relief from interest deductions on loans taken from banks.

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About This Scheme

The “Home Loan Interest Subsidy Scheme” was launched by the Gujarat Labour Welfare Board, Labour, Skill Development & Employment Department, Government of Gujarat. Under the scheme, a 3% Interest Subsidy is provided to workers who are employed in the organized sector to buy their own house and get relief from interest deductions on loans taken from banks.

Benefits

₹15.0 L

The scheme offers a 3% Interest Subsidy to workers employed in the organized sector for purchasing their own house.

Note 01: The maximum loan on a house purchased by a worker is ₹15 lakhs or an interest subsidy of 3% taking into account the bank interest on the loan actually taken, whichever is less.

Note 02: The assistance amount will be credited to the beneficiary's bank account through DBT.

Eligibility

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

Required Documents

✦
Passport-size Photograph
✦
A copy of the identity card issued by the contractor to the worker/labour
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Aadhaar Card of Labour
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Labour Welfare Fund Account Number
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Proof of taking a loan (loan sanction letter)
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Annual Loan Statement/Annual Interest Certificate
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[Self-declaration](https://sanman.gujarat.gov.in/ApplicationDocuments/GLWB/swaghosana.pdf) 1. [Bonafide certificate](https://sanman.gujarat.gov.in/ApplicationDocuments/GLWB/Bonafide.pdf) 1. Bank account details/Bank Passbook
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Any other documents as required
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Note: If there is no Labour Welfare Fund Account Number, contact the concerned factory/establishment official.

✦ Required ◦ Optional

How to Apply

OOnline

Application Process for Scheme Benefit:

Step 01: The applicant may visit the Sanman Portal: https://sanman.gujarat.gov.in/

Step 02: On the home page, under the tab ‘Citizen Login’, click on ‘Please Register Here’.

Step 03: Enter your Aadhaar Card Number, select user type, and then enter your Labour Welfare Fund Account Number.

Step 04: Now, click on ‘Fetch’ & verify the details.

Step 05: Enter user details and Password.

Step 06: After successful registration, the applicants can login through their User ID and Password.

Step 07: Now, select the scheme and read the instructions carefully for the selected scheme.

Step 08: Fill out the application form and upload all the relevant documents.

Step 09: Agree with the Rules & Regulations and submit the application form. A confirmation email with the application Number will be sent on the registered email ID.

Quick Info

Level: Central Government
Max benefit: ₹15.0 L