Central GovernmentVerified
Nirman Shramikon ke Liye Vyavsayik Rin Par Byaj ki Punarbharan Yojana
The "Nirman Shramik Rin Punarbharan Yojana" helps construction workers by reimbursing interest on their business loans. This program aims to ease the financial burden of construction workers by reducing their loan interest payments.
Last verifiedToday
About This Scheme
The "Nirman Shramikon ke Liye Vyavsayik Rin Par Byaj ki Punarbharan Yojana" is a scheme designed to alleviate financial burdens for construction workers by assisting in the repayment of interest on commercial loans. Recognizing the challenges faced by individuals in the construction sector, especially during economic downturns, the scheme aims to ease the burden of high-interest rates, which often weigh heavily on the shoulders of laborers. By providing support with interest repayments, the government not only relieves immediate financial pressure but also fosters an environment conducive to entrepreneurship and economic stability among the construction workforce. This initiative underscores the government's commitment to the welfare and prosperity of construction workers, recognizing their invaluable contributions to the nation's infrastructure and development. Through this scheme, the government aims to enhance the financial resilience of construction laborers, enabling them to pursue their entrepreneurial aspirations and secure a brighter future for themselves and their families.
Benefits
₹5.0 L
> The board will reimburse the interest payable on business loans up to ₹5,00,000/-
Eligibility
Note: You may be eligible based on the information shown. Please verify the official eligibility requirements before applying.
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Required Documents
- ✦Copy of the duly filled and complete application form along with self-attested certificates of beneficiary and his/her spouse.
- ✦Certificate of loan sanction from Financial Institution/Bank.
- ✦Proof of interest paid on loan during the year.
- ✦Copy of Aadhar Card and Jan Aadhar Card of the beneficiary.
- ✦Copy of the first page of the beneficiary's saving bank account passbook (showing beneficiary's name, bank account number and IFSC code).
- ✦Self-declaration certificate by spouse of the beneficiary stating that no loan is outstanding from any other institution at present.
✦ Required ◦ Optional
How to Apply
OOnline
Quick Info
- Level
- Central Government
- Max benefit
- ₹5.0 L
