Bhubaneswar: The application process for the Odisha Government’s newly launched rural housing scheme ‘Mo Ghara’ started from today to provide financial assistance to meet the aspiration of the lower and lower middle income households in the rural areas of the State.
In order to get the loan, an applicant needs to provide the house record land plot, Aadhaar card, and an identity card in his/her name. Loan aspirants can register her/his name on the website https://rhodisha.gov.in/moghara. An OTP will be sent to her/his registered mobile number after registration which has to be entered correctly in the portal for successful registration.
The scheme will cover all such families who were left out in the existing housing schemes due to stringent eligibility criteria or due to insufficient allocation and also those who had received housing assistance of smaller amounts in the past and now want to upgrade or expand their houses.
Under the scheme, a beneficiary can avail housing loan up to Rs 3 lakh which can be repaid in 10 years excluding 1 year moratorium period in easy installments. They can opt for one of the four slabs of the loan amount – Rs 1 lakh, Rs 1.5 lakh, Rs 2 lakh and Rs 3 lakh.
For loan amounts of Rs 1 lakh, Rs 1.50 lakh, Rs 2/3 lakh, the state government will provide subsidies of Rs 30,000, Rs 45,000, and Rs 60,000, respectively. However, the family headed by SC/ST and PwD, will get an additional subsidy of Rs 10,000, the State Government announced earlier.
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