Monday, November 29, 1999

Haryana to provide housing loan at cheaper rate

News posted by www.newsinfoline.com

Chandigarh, Jul 23 (PTI) The Haryana Government has decided to provide loan at four per cent interest rate to the families living below poverty line for construction of their houses under Indira Awas Yojna. An official spokesman said each eligible beneficiary would be entitled to get Rs 45,000 for the construction of house. However, in case they were unable to construct their houses in the prescribed amount, such beneficiaries would be provided loan under differential rate of interest scheme for lending upto Rs 20,000 per housing unit at the interest rate of four per cent, he added.

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