Financial Assistance:
₹1,20,000/- is provided to each eligible beneficiary.
Mode of Disbursement:
First Installment: ₹40,000/- is provided after verification of land ownership and submission of required documents.
Second Installment: ₹40,000/- is disbursed after verification of construction progress.
Third Installment: ₹40,000/- is given upon completion of construction and submission of utilization proof.
Frequency & Validity:
This is a one-time financial grant.
The entire house construction must be completed within one year from the approval of the first installment.
Note:*
If a beneficiary misuses the grant, legal action will be taken, and the amount will be recovered.
The constructed house cannot be sold or transferred for 20 years.