Subsidy: Capital Subsidy upto 50% of the total amount subject to a maximum of ₹ 10,000/-.

Sources of Funds: The subsidy is provided by Govt. of India out of SCA.

The full form of SCA is "Special Central Assistance".

The loan amount is provided by various banks operating in the State.

The annual income of the family of the applicant (from all sources) should be ₹ 67,649/- per annum (for rural areas); ₹ 88,756/- per annum (for urban areas).

The copy of the registry becomes a mandatory document if the property is self-purchased.

The rate of Interest will be charged by the Banks as per RBI guidelines.

You can find the Scheme Guidelines at this link - https://pbscfc.punjab.gov.in/?q=node/25

The Loan Application Form can be found at this link - https://pbscfc.punjab.gov.in/sites/default/files/bank_tieup_scheme_form.pdf https://pbscfc.punjab.gov.in/sites/default/files/CORPORATION-1-6%20PAGES.PDF

The full form of BPL is "Below Poverty Line".

Yes, the Residential Certificate / Domicile Certificate of the State of Punjab is a mandatory document for this scheme.

No, you can not reapply to this scheme if you already have availed of its benefits.

This is a 100% State Funded scheme.

No, the entire application process is entirely free of cost.

No, there is no such mention in the scheme guidelines.

The mandatory fields have an asterisk (*) mark at the end.