Advance for Purchase or Construction of House (GBOCWWB)

About This Scheme

"Advance for Purchase or Construction of House (GBOCWWB)" is a Welfare Scheme by the Goa Building and Other Construction Workers Welfare Board, Department of Labour and Employment, Goa. Through this scheme, the worker registered with the Board is sanctioned financial assistance of upto ₹50,000/- in advance for the outright purchase/construction of a house. The applications are accepted offline.

Eligibility

- The applicant should be a Worker registered with the Goa Building and Other Construction Workers Welfare Board. - The worker should be between 18 to 60 years of age. - The worker should have completed ninety days of service as a registered worker in the year. - The applicant should have had membership in the Fund continuously for five years. - The applicant should have fifteen years of service for superannuation.

Benefits

₹50,000/- is sanctioned as advance and shall be recovered in equal instalments as may be fixed by the Board.

How to Apply

Where This Comes From

This scheme was sourced from myScheme, the Government of India's official Central+State scheme discovery portal, and reviewed by an editor before publishing. Use the button above to read the full details and apply directly on the official source.