The Scheme for Loan and Advances to the Beneficiary for Construction of House is a welfare initiative launched by the Tripura Building and Other Construction Workers Welfare Board, under the Labour Department of Tripura. This scheme aims to empower registered construction workers by offering credit-linked interest subsidies on home construction loans, helping them build safe and permanent housing for their families.
Summary of Construction Workers Housing Loan
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Implementing Authority: Tripura Building and Other Construction Workers Welfare Board
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Target Beneficiaries: Registered construction workers in Tripura
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Benefit Offered: 6.5% interest subsidy on loans up to ₹6 lakh
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Loan Tenure: Up to 20 years
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Application Mode: Online via Common Service Centers (CSCs)
Benefits of the Scheme
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Interest subsidy of 6.5% on the eligible housing loan amount.
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Loan amount of up to ₹6 lakh per eligible worker.
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Repayment period of up to 20 years.
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Subsidy credited directly into the loan account, reducing EMIs and financial pressure.
Eligibility Criteria
To qualify for the scheme, the applicant must meet the following conditions;
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Must be a registered and active construction worker under the Tripura Building and Other Construction Workers Welfare Board.
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Minimum of 5 years of registration as a construction worker.
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Should have at least 20 years left before retirement.
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The applicant must not own a pucca house anywhere in India.
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Must own a minimum land area of 30 sq. meters for house construction.
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Should not have received assistance from any central/state housing scheme before.
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Belong to the Economically Weaker Section (EWS) with an annual income not exceeding ₹3,00,000.
How to Apply
Online Application via CSCs (Common Service Centers)
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Prepare the required documents before visiting the CSC.
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Visit the nearest CSC and complete biometric verification.
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The CSC operator will fill out the online form and upload your documents.
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Collect the acknowledgment receipt with submission date and reference number.
Necessary Documents for Application
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BOC Worker Registration Card
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Aadhaar Card or Aadhaar Enrollment ID
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Self-declared Income Certificate or Affidavit
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Identity Proof (PAN card / Voter ID / Driving License)
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Proof of Address
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Minority Certificate (if applicable)
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Nationality Certificate
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EWS/LIG/MIG Certificate (as applicable)
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Salary Slips or Income Tax Returns
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Property Valuation Report
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Bank Account Details with Statement
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Affidavit declaring no ownership of a pucca house
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Proof or affidavit of house construction under the scheme
Frequently Asked Questions (FAQs)
Q: What is the purpose of the scheme?
The scheme supports construction workers in Tripura by offering subsidized housing loans to help them build permanent homes.
Q: What subsidy is offered under this scheme?
An interest subsidy of 6.5% on loans up to ₹6 lakh is provided.
Q: Who is eligible for the scheme?
Registered construction workers with at least 5 years of registration and no pucca house are eligible.
Q: What is the loan tenure under the scheme?
The maximum repayment period is 20 years.
Q: Can the loan be used to purchase an existing house?
No, the loan is strictly for constructing a new house.
Q: Is the interest subsidy available on the entire loan amount?
Yes, the subsidy applies to the eligible portion of the loan.
Q: What documentation is required to apply?
Identity proof, registration card, income affidavit, land documents, and other supporting documents are needed.
Q: Who approves the loan application?
The bank or financial institution, in coordination with the Welfare Board, approves the loan.
Q: What is the role of the bank in this scheme?
The bank disburses the loan and credits the subsidy amount to the borrower’s loan account.
Q: Can non-residents of Tripura apply for this scheme?
No, only registered construction workers in Tripura are eligible.
Q: How can I apply for this scheme?
Visit a Common Service Center (CSC) in Tripura and apply online with biometric verification.
Q: Will the subsidy be credited upfront?
The subsidy is credited directly into the loan account after approval.
Q: What happens if my loan application is rejected?
You may request a review or reapply after fulfilling all required eligibility criteria.
Q: How will I know the status of my application?
Track your application using the acknowledgment/reference number provided during submission.
References & Important Links
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Official Guidelines by Tripura Building and Other Construction Workers Welfare Board
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Visit the Official Website of Tripura Labour Department for updates
