Ashraya Adhar Scheme

Ashraya Adhar Scheme (आश्रय आधार योजना)

The Ashraya Adhar Scheme is a significant initiative launched by the Goa State Scheduled Tribes Finance and Development Corporation to assist members of the Scheduled Tribes community. This scheme aims to provide them with financial support in the form of loans specifically designated for the repair, renovation, or reconstruction of their homes. The initiative reflects the government’s commitment to empower the Scheduled Tribe community by easing their financial burdens.

Overview of the Scheme

The Ashraya Adhar Scheme is designed to facilitate financial assistance for individuals belonging to the Scheduled Tribes. Managed by the Goa State Scheduled Tribes Finance and Development Corporation Limited, under the auspices of the Department of Tribal Welfare, Government of Goa, this program addresses the challenges faced by community members in securing loans for home improvements. Many individuals are often deterred by high-interest rates from traditional banks, making this scheme a vital resource for facilitating necessary housing upgrades.

Key Benefits

• Financial assistance of up to ₹5,00,000 available at a nominal interest rate of 2% per annum.

Loan Disbursement Process

Loan amounts will be disbursed in two separate instalments following the complete submission of all required documentation:

• ₹3,75,000 will be released immediately upon loan sanctioning.
• ₹1,25,000 will be provided after the first instalment has been utilized, contingent upon the submission of utilization bills and a satisfactory physical inspection carried out by a Corporation officer.

Important: The beneficiary must initiate the actual work within three months from the date the loan amount is sanctioned.

Insurance Coverage

All beneficiaries will be insured for life and property through an insurance agency designated by the Corporation. The premium for these policies will generally be the responsibility of the beneficiary, unless an alternate arrangement is made by the Corporation.

Eligibility Requirements

To qualify for the Ashraya Adhar Scheme, applicants must meet the following criteria:

• Must belong to the Scheduled Tribe Community.
• Must own a house (including mundcarial houses), either individually or in joint ownership.
• If the house is jointly owned and accommodates separate family units, each unit is eligible for financial support.
• The applicant’s age should not exceed 55 years at the time of the loan application submission; however, this limit is extended to 58 years for applicants employed by state or central government entities.

Application Procedure

Interested individuals can apply for the scheme through an offline process, following these steps:

1. Visit the Goa State Scheduled Tribes Finance and Development Corporation Limited office located at 2nd floor, Smruti Building, Swami Vivekanand Rd, Altinho, Panaji, Goa 403001.
2. Request a hard copy of the application form from the designated officer at the Corporation.
3. Complete the application form, ensuring all mandatory fields are filled, affix a signed passport-sized photograph, and attach necessary documents (self-attestation required where applicable).
4. Submit the filled application form along with the required documents to the concerned officer.
5. Wait for the loan application to be scrutinized and receive a receipt or acknowledgment of submission from the officer.

Application Status Inquiry

For updates regarding the status of your application, you may contact the District Social Welfare Officer (DSWO) for assistance.

Post-Application Steps

Following the application submission, the Corporation will compile a list of eligible applicants. A physical verification will be conducted by an officer of the Corporation. The complete application file, including all documents and the inspection report, will then be presented to the sanctioning authority for final approval.

Official Information

For further details and updates on the Ashraya Adhar Scheme, please visit the official website: myScheme.gov.in.