Under this scheme, the Council provides loan assistance through the respective State Waqf Boards for the construction of economically and commercially viable buildings on Waqf land, such as commercial arcades, marriage halls, hospitals, cold storage facilities, etc.
As a special case, Grant-in-aid shall be granted to State Waqf Boards/waqf Institutions with the prior approval of the Ministry for social development projects on waqf land.
Maximum interest free loan payable will be тВ╣2.00 crore or 75% of the estimated cost of the project (excluding the value of the land), whichever is less.
All Waqf Boards (WBs) and registered Waqf institutions, which are in full possession of property to be developed and in the opinion of Central Waqf Council (CWC) are not insolvent or otherwise suitable, shall be eligible for interest free loan.
Loans under this scheme will be provided for the development of Waqf properties located in urban areas.
Interest-free loan assistance or grants-in-aid, in the public interest, will be provided to WBs and Waqf institutions for specific development projects or non-commercial purposes approved by the CWC.
**Note 1:** Under this scheme, loan assistance will be provided for projects involving the construction or reconstruction of economically viable buildings or projects on Waqf lands. The augmented income generated from these developments will be utilized by WBs and Waqf institutions to strengthen their financial position and expand the scope of their welfare and charitable activities. The whole purpose is intended to contribute to overall progress and development of the society.
**Note 2:** Urban Area means a property situated in any area, which is comprised within the jurisdiction of a Municipality (whether known as Municipality, Municipal Corporation, Notified Area Committee, Town Area Committee, Town Committee or by any other name) Cantonment Board and include any area within such distance not being more than 8 kilometers from the local limits of any Municipality or Cantonment Board as the Central/State Government may, having regard to the extent or scope for urbanization of that area and other relevant consideration, specify in this behalf by notification in the Official Gazette.
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**Offline**
***Application Process:***
**Step 1:** The agency seeking a loan under the scheme should apply to the concerned Waqf Board (WB) using the [prescribed application form](https://centralwaqfcouncil.gov.in/content/forms), providing all necessary details.
**Step 2:** Download the application form from the official website or obtain it from the relevant Waqf Board office.
Ensure that all required information is accurately filled in.
**Step 3:** Submit the completed application form along with the necessary supporting documents to the following address:
1. All Waqf Boards (WBs) and registered Waqf institutions, which are in full possession of property to be developed and in the opinion of Central Waqf Council (CWC) are not insolvent or otherwise suitable, shall be eligible for interest free loan.
1. Loans under this scheme will be prov...
1. Under this scheme, the Council provides loan assistance through the respective State Waqf Boards for the construction of economically and commercially viable buildings on Waqf land, such as commercial arcades, marriage halls, hospitals, cold storage facilities, etc.
1. As a special c...
**Offline**
***Application Process:***
**Step 1:** The agency seeking a loan under the scheme should apply to the concerned Waqf Board (WB) using the [prescribed application form](https://centralwaqfcouncil.gov.in/content/forms), providing all necessary details.
**Step 2:** Download the ap...