Video Conference am noon

Rajiv Rin Yojona Objectives: Addressing housing needs for the EWS/LIG segments in urban areas. Expanding credit flow to the housing section Increasing home ownership Target : Annual Target for FY for State :14600 The same is distributed among ULBs Aim The provision of 5% interest subsidy on loan amount to EWS /LIG to Buy ready built house (may identify purchasable house in apartment developed by Govt/private developer) Construct new houses Construct additional room to existing building

Rajiv Rin Yojona Coverage : Applicable to all ULBs Beneficiary without own home in his/his spouse name with site and without pacca home. having home of 40 sqmt who intend to expand. identified under other housing schemes. Preference for SC/ST/Minority/Women/Physical Handicapped. Group Housing Societies (who intend to construct group houses) Eligibility Annual Income EWS-1 lakh LIG- 1 lakh -2 lakh

Rajiv Rin Yojona Loan Amount: EWS Loan amount-5 lakh Additional loan unsubsidized Size of house at least 21 sqmt. Construction of Toilet is mandatory Loan Tenure years LIG Loan amount-8 lakh Subsidy only for 5 lakh loan amount, additional loan amount between 5-8 lakh unsubsidized. Size of house at least 28 sqmt. Construction of Toilet is mandatory Loan Tenure years

Rajiv Rin Yojona Income Certificate by “Tahsildar” Documents as required by concerned bank. Mortage of house as primary security. No collateral security/third party guarantee No prepayment charges Beneficiary may approach directly to Bank or though ULB or through NGO Submission of documents Rs. 100/- per sanctioned application paid to designated staff of ULB/ NGO. Rs. 500/- per sanctioned application paid to bank. Incentives

Rajiv Rin Yojona Sign MoA with HUDCO/NHB (Central Nodal Agencies) Identify beneficiaries/ Group Housing Societies Sanction loan after due diligence Rate of Interest as per RBI Guidelines. (Fixed or Floated interest ) Claim reimbursement of subsidy from CNA (CNA in turn submit request to GoI, GoI will release subsidy amount) Send Utilization Certificate to CNA Random quality checks Role & Responsibility of Banks

Rajiv Rin Yojona Role & Responsibility of State: Designate “Income Certifying Officer”. However, Tahsildar has been nominated as “Income Certifying Officer” Prepare media plan Implement media plan Random quality checks

Rajiv Rin Yojona Appoint NGO to identify/motivate beneficiaries and liaise with bank (appointment of NGO not mandatory) Create help desk (Rs. 100/- per sanctioned application is paid as incentive). IEC campaign Identify beneficiaries/ Group Housing Societies Assist beneficiaries to understand scheme details/ fill form/ to obtain requisite certificates Forward application to bank Monitor data Interact with SLBC/DLBC/LBM Review progress and remove bottlenecks The scheme is also review by CLMC CLTC acts as facilitator. Role & Responsibility of ULB

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