Mo Ghara Scheme Odisha: CM Naveen Patnaik-led Odisha Government recently launched a new housing scheme “Mo Ghara” to provide financial assistance for the lower and lower-middle-income households in rural areas. The scheme was initiated by the Odisha Housing Board.
Under the ‘Mo Ghara’ (Government Housing Assistance in Rural Areas) scheme, a beneficiary can avail housing loan of up to Rs 3 lakh which can be repaid in 10 years excluding 1 year moratorium period in easy installments. There are four loan slabs of different values- Rs 1 lakh, Rs 1.5 lakh, Rs 2 lakh, and Rs 3 lakh. The applicant will choose any one from these slabs.
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Mo Ghara Scheme: Application Starting Date
The application for the housing loan through its portal https://rhodisha.gov.in/moghara/ will start from June 16, 2023. “Applications will be received through this portal w.e.f 16th June 2023,” a message on the official website of Mo Ghara read.
Mo Ghara Scheme 2023: Objective of the scheme
The objective of the scheme is to fulfill the aspiration of lower and lower-middle-class households for construction / up-gradation / extension / completion of their houses through housing loans.
Mo Ghara Scheme: Who are eligible?
- The family staying either in kutcha house or in 1 room pucca house with RCC roof.
- The family which has not availed Govt. housing assistance earlier o availed housing assistance of below Rs.70,000.
- If the income of the family per month is below Rs.25,000.
- The family not in possession of a non-commercial motorized FourWheeler.
- Household with any member neither a regular Government / PSU employee nor drawing a monthly pension for the service period from Government / PSU.
- The family in ownership of less than 5 acres of irrigated land or 15 acres of non-irrigated land.
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Mo Ghara Scheme 2023: Benefits offered under the scheme
- Housing loan is sanctioned through banks for construction /upgradation / completion/ extension of houses.
- The loan process has been simplified by Government and the applicant is facilitated by Govt. machinery at every stage of loan processing.
- To reduce the financial burden of the applicant, the State Government provides subsidy against the principal amount of the loan.
- Provision of additional subsidy to SC/ST/PwD headed families has also been made by the State Government.
Mo Ghara Scheme: Subsidy provided by Odisha government
The State Government releases following amount of subsidy to the beneficiary in her/his loan account after completion of the house.
The State Government also provides an additional subsidy to the families belonging to SC/ST communities and PwD-headed family.
Mo Ghara Scheme: Registration Process
The applicant has to register her/his name on the website https://rhodisha.gov.in/moghara. An OTP is sent to her/his registered mobile number after registration which has to be entered correctly in the portal for successful registration.
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Mo Ghara Scheme: Application Process
Step 1: Log in at https://rhodisha.gov.in/moghara using your Aadhaar number or mobile number as your user ID.
Step 2: After successful registration and filling up the online application form, the application is received by the concerned BDO through the portal.
Step 3: The BDO sponsors the application of the eligible applicant to the bank chosen by the applicant.
Mo Ghara Scheme 2023: Documents required
The following documents are required during the filling of the application for the ‘Mo Ghara’ scheme:
- Passport size photograph
- Aadhaar Card
- Any one identity proof (Voter ID, Pan card, Job card, Driving license)
- Record of Right
- Income certificate/monthly salary statement from employer
- Caste Certificate (for Scheduled Caste/Scheduled Tribe applicants)
- Disability Certificate (for PwD applicants)
Mo Ghara Scheme 2023: Installment pattern
The loan is disbursed in installments as per the construction level. The first installment is released to the applicant’s loan account after the sanction of the loan by the bank, registration of mortgage, and investment of margin money.
The second installment is released at the roof level in case of a loan for Rs 1.5 Lakh, Rs 2 Lakh, and Rs 3 Lakh. In the case of a loan of Rs 1 lakh, it is released after the roof cast. The Block functionaries geo-tag the construction level and BDO recommends for release of 2 nd installment to the Bank. Bank may inspect the construction level through its staff if felt necessary. Thereafter, the Bank releases the 2nd installment to the loan account of the beneficiary.
The third installment is released after the roof cast in case of loan for Rs.1.5 Lakh, 2 Lakh, and 3 Lakh. The block functionaries geo-tag the construction level similar to the release of 2 nd installment and BDO recommends for release of the third installment to the Bank. Bank may inspect the construction level through its staff if felt necessary. Thereafter the Bank releases 3rd installment to the loan account of the beneficiary.
