Question 4023

Which state has launched a housing loan subsidy scheme wherein subsidy up to 2 lakh 50 thousand rupees will be provided for loan amounts from 5 lakh to 40 lakh rupees?

Answer

Assam

Why?

The Assam Government launched a housing loan subsidy scheme to provide financial assistance on purchase or construction of the first house for a family. Subsidy up to 2 lakh 50 thousand rupees will be provided for loan amounts from 5 lakh to 40 lakh rupees. This scheme is meant for the loan sanctioned in this financial year. This initiative would provide impetus to the economy.