The Hindu      11.07.2016  

Applications invited for housing scheme

The Dindigul Corporation has invited applications from rural and urban poor to assist them in constructing a house under credit linked subsidy scheme offered by the Central Government.

Under this scheme, the applicant will be provided home loan for construction of a house, according to a press releases from the corporation here on Saturday.

Beneficiaries are eligible for a 6.5 per cent interest subsidy for 15 years. The subsidy will be available for a loan of Rs.6 lakhs. There will not be any subsidy to additional loan, if any. The carpet area of houses should be up to 30 square metres and 60 square metres for economically weaker sections (EWS) and low income group (LIG) respectively.