Details
The “Loan for the Purchase of Work Tool for the Construction Workers” by the Delhi Building and Other Construction Workers Welfare Board, Labour Department, Delhi, is a welfare scheme for the registered workers of the board. Through this scheme, an amount not exceeding ₹20,000/- may be sanctioned as loan to the members of the fund, for the purchase of work related tools.
Benefits
- An amount not exceeding ₹20,000/- may be sanctioned as loan to the members of the fund, for the purchase of work related tools.
Note: The loan amount shall be recovered in not more than sixty installments.
Eligibility
- The applicant should be a resident of Delhi.
- The applicant should be a Building/Construction Worker.
- The applicant should be between 18 and 65 years.
- The applicant should have served the Board for at least 90 days in a given year.
For application:
- The applicant should be registered under the Delhi Building and Other Construction Workers Welfare Board for not less than one year.
- The applicant should remit their contribution regularly.
- The applicant should not exceed 55 years of age.