- The scheme is launched for skilled labourers like electricians, mechanics, painters, grocery store owners etc. in the informal sector of Delhi.
- The credit amount under ‘Apna Ghar Dreamz’ loan scheme ranges from Rs 2 lakh to Rs 50 lakhs.
- The scheme also allows for the customer to avail the benefits of Pradhan Mantri Awas Yojana (PMAY), credit-linked subsidy scheme (CLSS) for lower-income groups or economically weaker sections (EWS/LIG) and Middle-income groups (MG- I &II).
- As the ‘Apna Ghar Dreamz’ loan scheme is for the informal working sector, the scheme does not demand any documents which are required to get a loan from a formal financial institute.
- A special 20-year tenure loan is offered under this scheme, which requires basic documents like PAN Card, Aadhar Card and bank statement of the past 6 months.
- The beneficiaries is required to have a minimum balance of Rs 1500 for a loan up to Rs 5 lakh and a minimum balance up to Rs 3000 for loan above Rs 5 lakh.
- Static Part:
- MD and CEO of ICICI Home Finance: Anirudh Kamani
Question:
Q.1 Which of the following bank launched ‘Apna Ghar Dreamz’ home loan scheme?
a. ICICI Bank
b. SBI
c. Bank of Baroda
d. HDFC Bank
a. ICICI Bank
b. SBI
c. Bank of Baroda
d. HDFC Bank
