Goa Ashraya Adhar Scheme

Scheme Introduction: A Brief Overview

The Ashraya Adhar Scheme provides a low-interest housing loan to members of the Scheduled Tribe (ST) Community in Goa who need financial support to repair, renovate or reconstruct their existing houses. Implemented through the Goa State Scheduled Tribes Finance and Development Corporation Limited (GSSTFDCL) under the Department of Tribal Welfare, Government of Goa, the scheme offers a loan of up to ₹5 lakh at only 2% interest per annum, making housing improvement more affordable for eligible ST families. The assistance is specifically intended for existing houses, including mundcarial houses, and can be used for essential repair, renovation or reconstruction work.

The scheme also provides a structured repayment facility, with the loan repayable in 120 equated monthly instalments over 10 years, including a 3-month moratorium period. The sanctioned amount is released in two instalments—75% initially and the remaining 25% after utilization of the first instalment, submission of the required bills and photographs, and physical verification/inspection. The beneficiary must commence the actual work within 3 months of the release of the sanctioned amount.

Importantly, the scheme allows financial assistance for houses owned individually or jointly. Where different family units are residing separately in a jointly owned house, each eligible unit can receive assistance, subject to the applicable loan limit. Under the 2025 Board decision reflected in the 2026 Citizen Charter, a beneficiary or eligible family member who has already availed and closed an Ashraya Adhar loan may also become eligible for a further loan of up to ₹5 lakh, provided the active loan for each family per house does not exceed ₹5 lakh.

Overall, the scheme is designed to give ST families access to affordable housing finance at a concessional interest rate, while the Corporation verifies the proposed work and documents before sanction and releases the loan in stages based on utilization.

Benefits of the Scheme

• Eligible ST applicants can get a loan of up to ₹5 lakh.
• The loan is provided at a concessional interest rate of 2% per annum.
• The loan can be used for repair, renovation or reconstruction of an existing house.
• The loan is repayable over a period of 10 years, including a 3-month moratorium period.
• The loan amount is disbursed in two instalments.
• The first instalment is 75% of the sanctioned loan amount.
• The remaining 25% is released after submission of the required utilization documents, photographs and physical verification/inspection.
• A beneficiary or eligible family member who has closed an earlier Ashraya Adhar loan may be eligible for a further loan of up to ₹5 lakh, subject to the prescribed family-per-house loan limit.

Financial Assistance Under the Scheme

Eligibility Criteria

To receive financial assistance under the Ashraya Adhar Scheme, the applicant must satisfy the eligibility conditions prescribed by the Goa State Scheduled Tribes Finance and Development Corporation Limited.

• The applicant must belong to the Scheduled Tribe (ST) Community.
• The applicant must have a house, including a mundcarial house, owned individually or jointly.
• If the house is jointly owned and different family units reside separately in the same house, each such unit may be eligible for financial assistance.
• The age of the applicant should not be more than 55 years as on the date of the loan application.
• The age limit is relaxed up to 58 years for employees of the State Government, Central Government, Government Corporation, Board or aided Institute.
• The applicant should not be a defaulter with the Corporation.
• A beneficiary or family member who has already availed and closed an Ashraya Adhar loan may be eligible for a further loan of up to ₹5 lakh, provided the active loan for each family per house does not exceed ₹5 lakh.

Required Documents

Applicants must submit the prescribed documents along with the loan application form.

1. Scheduled Tribe Certificate (self-attested).
2. Two passport-size photographs.
3. Birth Certificate, School Leaving Certificate or Driving License as age proof (self-attested).
4. Aadhaar Card (self-attested).
5. Bank Mandate along with the front copy of the passbook or cancelled cheque.
6. Latest house tax receipt (original/self-attested).
7. Self Affidavit in the prescribed format on ₹100 stamp paper, duly notarized.
8. NOC from the co-owner, if applicable, in the prescribed format on ₹100 stamp paper, duly notarized.
9. Estimated cost of the house to be repaired, reconstructed or renovated, as per the prescribed format. The estimate should cover work up to the second floor.
10. Photographs of the house to be repaired, reconstructed or renovated, as required under the prescribed documentation.
11. Applicant's income proof, such as:
    • Latest Salary Certificate; or
    • Income Declaration Affidavit on ₹100 stamp paper, duly notarized; or
    • Last 3 months' pay slips; or
    • Last 3 years' ITR in case the applicant has a business.
12. Latest Form 16 or last 6 months' bank statement (self-attested).
13. Documents of the first surety, including:
    • One passport-size photograph.
    • Surety Declaration in the prescribed format on ₹100 stamp paper, duly notarized.
    • Latest Salary Certificate.
    • Latest Form 16 or last 6 months' bank statement (self-attested).
    • ID Proof (self-attested).
14. Documents of the second surety, including:
    • One passport-size photograph.
    • Surety Declaration in the prescribed format on ₹100 stamp paper, duly notarized.
    • Latest Salary Certificate.
    • Latest Form 16 or last 6 months' bank statement (self-attested).
    • ID Proof (self-attested).

Note: If the applicant is an employee of the State Government, Central Government, Government Corporation, Board or aided Institute and submits a salary certificate commensurate with the loan amount, no surety is required. Similarly, if the applicant produces one surety working in a Government Department, Corporation, Board or aided Institute with salary commensurate with the loan amount, the second surety is not required.

Steps to Apply

1. Visit the office of the Goa State Scheduled Tribes Finance and Development Corporation Limited (GSSTFDCL) and obtain the prescribed application form for the Ashraya Adhar Scheme.
2. Fill in all the required details carefully and attach the prescribed documents along with two passport-size photographs.
3. Submit the duly completed and signed application form along with all supporting documents to the concerned officer of the Corporation.
4. The submitted application and documents will be scrutinized to verify whether all the required information and documents are complete.
5. After scrutiny, the Corporation will prepare the list of eligible applicants and conduct physical verification/inspection of the house.
6. The application, supporting documents and inspection report will then be placed before the sanctioning authority for appraisal and approval.

Loan Disbursement Process

1. After the loan is sanctioned, 75% of the sanctioned loan amount is released as the first instalment.
2. The beneficiary must commence the actual house repair, renovation or reconstruction work within 3 months from the date of release of the sanctioned amount.
3. The beneficiary must utilize the first instalment for the house for which the loan was sanctioned.
4. For release of the second instalment, the beneficiary must submit the required utilization bills, photographs of the house and prescribed declaration/documents.
5. The Corporation may conduct physical verification or inspection of the house before releasing the second instalment.
6. The remaining 25% of the sanctioned loan amount is released after the prescribed utilization and verification requirements are completed.

Repayment of Loan

• The loan is repayable in 120 equated monthly instalments within 10 years.
• A 3-month moratorium period is provided.
• Interest is charged during the moratorium period.
• If the applicant is above 50 years of age, the repayment period is re-fixed up to the attainment of 60 years of age.
• For employees of the State Government, Central Government, Government Corporation, Board or aided Institute, the repayment period is re-fixed up to their retirement age with an additional 6 months from the date of retirement.

Insurance

• The beneficiary is required to be insured for life and property with the insurance agency identified by the Corporation.
• The premium for such insurance policies is to be borne by the loanee unless otherwise decided by the Corporation.

Important Terms and Conditions

• The loan amount must be used only for the repair, renovation or reconstruction of the existing house.
• The actual work must commence within 3 months from the date of release of the sanctioned amount.
• The second instalment is released only after the prescribed utilization documents and photographs are submitted and the required verification/inspection is completed.
• The applicant should not be a defaulter with the Corporation.
• If any information or document submitted by the applicant is found to be incorrect or fraudulent, action may be taken as prescribed under the scheme.
• The beneficiary is required to execute the prescribed agreement after sanction of the loan.
• A beneficiary or family member who has closed an earlier Ashraya Adhar loan may be eligible for a further loan of up to ₹5 lakh, subject to the condition that the active loan for each family per house does not exceed ₹5 lakh.
• The applicant must comply with the applicable rules and regulations of the State Government.

Important Links

• Government of Goa
• Goa State Scheduled Tribes Finance and Development Corporation Limited
• Department of Tribal Welfare, Government of Goa
• Ashraya Adhar Scheme – Updated Details 2026
• Goa Ashraya Adhar Scheme Guidelines

Contact Information

Goa State Scheduled Tribes Finance and Development Corporation Limited

• Address: Goa State Scheduled Tribes Finance and Development Corporation Limited, 2nd Floor, Smruti Building, Swami Vivekanand Road, Altinho, Panaji, Goa – 403001
• Phone: 0832-2426949 / 0832-2426268
• Email: [email protected]