What you get
The board will reimburse the interest payable on business loans up to ₹5,00,000/-
Who can apply
Required Paperwork
- Aadhaar Card
- PAN Card
- Income Certificate
- Residence Proof (Domicile)
Common Questions
Is there an application fee?
No
Can applicants from outside Rajasthan apply for the scheme?
No.
What is the objective of the scheme?
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.
What benefits are provided under the scheme?
The board will reimburse the interest payable on business loans up to [?]5,00,000/-
Can beneficiary buy a shop with the loan amount?
Beneficiary can not use loan amount for purchase of shop/plot/vehicle or household goods.
How much reimbursement of interest amount on the loan is possible?
It will be maximum of [?]5,00,000/-
How many times benefits will be provided ?
This scheme will be applicable only on the loan taken by one of the registered beneficiary's wife/husband at a time
What documents are required ?
- 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.
What will happen if any information given by the beneficiary is found incorrect?
If any information provided in the application for assistance under the scheme by the beneficiary is found to be false, the responsibility of depositing the entire sanctioned assistance amount along with interest in lump sum will be of the concerned beneficiary.