For purchase of land and construction of residential house thereon; For construction of residential house on land in name of the employee; For purchase of a ready built house/ flat (old/ new); For purchase of a flat under construction;
Self Financing Housing scheme for senior level IAS Officers of the State Cadre similar to that of the West Bengal Government Servants and Policeman working for this State.
Last Date of ONLINE application: 29.02.2016. Application Money: 25000/-, Last date of depositing the application money: 02.03.2016. Mode of Payment: By cash through Bank of Baroda.
After full repayment of the Housing Loan along with interest accrued thereon, Bank will return all requisite papers and Deeds/ Agreement duly mortgaged and deposited with them immediately along with complete loan recovery certificate.
The property being financed by the bank shall be placed under equitable mortgage by deposit of title deeds with the bank. Agreement deed for purchase of flat under construction, in original, shall be deposited to the bank before receiving loan.
Governor has been pleased to accord sanction to introduce the fixed rate of interest in the Housing Loan Scheme for employees of Govt. of West Bengal for a period of one year with effect from 01.07.2010 in the following manner as prescribed by the WBSCB Ltd.
A person belonging to a Minority Community (i.e either Muslim or Christian or Sikh or Buddhist or Parsi or Jain) intending to acquire an Apartment will have to apply in the prescribed Application Form contained in the Application Kit.
Rate of Interest for Other Advances (i.e. advances in connection with marriage, illness, etc. and advances for other purposes) including passage advance is 5.5% per annum.
Governor has been pleased to fix the following rates of interest on loans and advances taken by Government Servants during the year 2013-2014 as follows: