Housing Loan Scheme
(Housing Loan Committee):
To provide a shelter to needy class of
society Housing Loan Scheme was formulated. At the time of
introduction of the Scheme, Seva Samaj had no funds/ very
limited funds for this activity. So
it was decided that out of total cost of house purchased by
the applicant one third amount may be contributed by a borrower,
one third cost may be borne by the village Mahajan or mandal
and remaining one third may be contributed by Seva Samaj by
way of housing loan.
Initially, Seva Samaj used to give loan
of Rs 30,000/- to each borrower, which has been raised to
Rs. 50,000/-. The loan is free from interest and repayment
has to be made in monthly installments. There is big demand
for housing loan. As the funds are limited Seva samaj is not
in a position to satisfy full demand of all applicants. Moreover,
there is also need to raise loan amount to keep in pace with
the rising property prices.
The scheme runs through general donations
received by the Seva Samaj and has provided shelter to many.
Keeping in view a big demand for this scheme, donations are
welcomed.
Under the Scheme, Loan is given for
a residence premises that go about 300 sq.ft and total cost
is around Rs-1.5 to 2.0 lacs.
Click on the form button for Housing
loan application form (2 Pages ): CLICK
HERE |
