The Interest-Free Loan Scheme launched by the Chandigarh Building and Other Construction Workers Welfare Board (CBOCWWB) under the Labour Department, Chandigarh, is designed to support registered construction workers by providing loans without any interest for essential household items and personal transportation.

This initiative promotes better living standards for workers by easing the financial burden of purchasing necessary appliances like refrigerators, TVs, coolers, and vehicles.

Key Benefits of the Scheme

Eligible workers can avail of interest-free loans to purchase the following items:

• No interest is charged on the loan

• Recovered in easy monthly installments

• Loan recovery through an employer

Eligibility Criteria

To apply under this scheme, the applicant must:

• Be a registered construction worker under the Punjab Labour Welfare Fund Act, 1965

• Have contributed regularly to the Labour Welfare Fund

• Be an active member of CBOCWWB for at least 6 months

• Not be a defaulter of any earlier loan

• Apply for only one item at a time

• Have the standing guarantee of the employer

• Be employed in an establishment covered under the scheme

Loan Recovery Process

• Loan installments are recovered monthly from the worker’s salary by the employer.

• The recovered amount is deposited via Payee A/c Cheque in favor of the Chandigarh Labour Welfare Board.

• Equal monthly installments are fixed based on the item and amount borrowed.

How to Apply: Step-by-Step Process

1. Registration on CBOCWWB Portal

1. Visit the official Labour Department website: http://labour.chd.gov.in

2. Click on “Click Here for Registration” and fill out the form.

3. Enter the OTP received on your mobile/email.

4. Note down your User ID and Password.

5. Log in and search for “BOCW Application for Registration”.

6. Upload the filled registration form, and annexures, and make payment.

7. Download and save the Acknowledgement Receipt.

2. Applying for Interest-Free Loan Scheme

1. Go to http://labour.chd.gov.in again.

2. Click on the ‘Interest-Free Loan’ scheme under Welfare Grants.

3. Click on “Apply/Register”.

4. If not registered on ServicePlus, sign up and log in using credentials.

5. Click “Apply for Service” and fill the form with:

   • Personal details

   • Employment details

   • Scheme-specific information

6. Upload required documents.

7. Submit and generate Acknowledgement Receipt.

8. To track the status, log in and click on “Track Application Status.”

Documents Required

For Registration Under CBOCWWB

• Passport-size photograph

• Duly filled CBOCW form

• Aadhaar card (applicant & nominee)

• Bank passbook

• Previous BOCW card (if any)

• Payment receipt

For Loan Application

• Passport-size photograph

• Aadhaar card (applicant)

• Salary slip

• Employer guarantee affidavit

• Bank passbook

• Any other supporting documents

Frequently Asked Questions (FAQs)

• Q: What is the Interest-Free Loan Scheme by CBOCWWB?
  A: A welfare scheme providing interest-free loans to registered construction workers for purchasing essential goods like scooters, fridges, TVs, etc.

• Q: What items can be bought under this scheme?
  A: Motorcycles, refrigerators, TVs, coolers, fans, and bicycles.

• Q: Is the loan truly interest-free?
  A: Yes, no interest is charged on the loan amount.

• Q: Who can apply for this loan?
  A: Registered construction workers contributing to the Labour Welfare Fund and members of CBOCWWB for at least six months.

• Q: How is the loan recovered?
  A: Through monthly deductions from salary by the employer.

• Q: Can I apply for more than one item?
  A: No, only one item at a time is allowed.

• Q: Can defaulters apply again?
  A: No, past defaulters are ineligible for future loans.

• Q: Is an employer guarantee required?
  A: Yes, loans are sanctioned with the employer’s standing guarantee.

Sources and References

• Official Labour Department Chandigarh Website

• Application Portal

• User Manual & Guidelines

NOTE: Need help applying or checking your eligibility? Let us know in the comments or visit your nearest Labour Office in Chandigarh for support.