GUIDELINES FOR INTEGRATED HOUSING & SLUM DEVELOPMENT PROGRAMME (IHSDP)
Financing Pattern
Sl.No
Description
%
1
Unit Cost
As per estimate of estimated cost
2
Individual Bank Loan
10%
3
GOI Subsidy
80%
4
Beneficiary Contribution
10%
Eligibility
a) The beneficiary shall have 5 years of proven residence in the concerned Municipal Corporation/ Municipality and should enclose public documentary proof.
b) The annual income of the beneficiary shall not exceed Rs.36,000/- per annum and should at least be Rs.24,000/- per annum for loan eligibility and self certification would suffice at the time of applying.
c) He/She must have not benefited under any other Housing Scheme
d) He/ She must have repayment capacity of loan in stipulated time period.
Loan Repayment
a) Repayment period
b) Rate of Interest (as decided by Banker)
c) No.of Installment
d) Installment Amount
Mode of Construction
The construction of houses will be in multi-storied and through contract . In case of individual houses it is on self-help and mutual help basis.
