Loans for Tools (MBOCWWB)

Description
The “Loans for Tools” scheme is implemented by the Meghalaya Building and Other Construction Workers Welfare Board MBOCWWB , Labour Department, Government of Meghalaya. Under the scheme, a onetime grant will be granted to all members of the fund for the purchase of tools subject to the conditions. The members of the fund who have completed 3 years of membership in the fund and those who remit contributions regularly will be eligible for this loan.

Benefits
• Under this scheme, registered building and construction workers will receive a one-time grant of up to ₹10,000/- for the purchase of tools.

Eligibility Criteria
1. The beneficiary should be a resident of Meghalaya.
2. The beneficiary should be engaged in any building or other construction work.
3. The beneficiary should be registered under the Meghalaya Building & Other Construction Workers Welfare Board.
4. The beneficiary who has completed 3 years of membership in the fund will be eligible for this loan.
5. The beneficiary who remits contributions regularly will be eligible for this loan.
6. The beneficiary should have completed 55 years.
7. **Note 01:** Operation and maintenance of the tool shall be the sole responsibility of the beneficiary, and the Board shall not be responsible for any after-sales service, parts, or accessories.
8. **Note 02:** The grant shall be sanctioned subject to the production of a valid cash memo or voucher from an authorized dealer by the BOCW beneficiary and the tools shall be produced before an official of the Board for inspection & photograph.
9. **Note 03:** The Board shall emboss a mark (logo or serial No) onto the tool after production & inspection. A tool so marked cannot be produced again for any subsequent claim(s).
10. **Note 04:** A beneficiary is prohibited from selling the tools purchased and shall not be entitled to a second grant.
11. **Note 05:** The loan amount shall be recovered in not more than sixty installments.

Required Documents
• Photograph of the worker
• ID Proof of worker (Electoral Card, Ration Card, Driver's License, Aadhaar Card, Passport are acceptable)
• Employer Certificate/Self Certification (Issued Either by the Labour Inspector or the Employer or SDO/AEE of Works Department)
• Bank Passbook of the worker
• eShram ID card, if any
• Age proof of concerned building worker/applicant i.e. School certificate, Certificate from the Registrar of Birth and Deaths, Certificate from the Medical Officer not below the rank of an Assistant Surgeon in Government Service, Electoral Photo Identity Card
• Nomination Form duly signed by the applicant
• Self-declaration towards non-enrolment as a member of any other welfare fund/ board
• SC/ST Certificate (if applicable)
• Any other documents as required
• MBOCWWB ID Card of the concerned worker
• Invoice Copy of Instruments Purchased
• Bank account details/Bank Passbook
• Any other documents as required

Frequently Asked Questions
Q: Who is eligible for the Loans for Tools scheme?
A: The registered building and construction workers who have completed 3 years of membership in the fund and those who remit contributions regularly will be eligible for this loan.

Q: What is the maximum grant amount under this scheme?
A: Beneficiaries can receive a one-time grant of up to [?]10,000/- for the purchase of tools.

Q: Is there an age requirement for eligibility?
A: Yes, beneficiaries should have completed 55 years of age to be eligible for this loan.

Q: How is the grant amount sanctioned?
A: The grant is sanctioned upon the production of a valid cash memo or voucher from an authorized dealer. The tools must be presented before an official of the Board for inspection and photograph.

Q: Is there any identification mark placed on the tools?
A: Yes, the Board embosses a mark (logo or serial number) onto the tool after production and inspection. Tools marked in this way cannot be used for subsequent claims.

Q: Can the beneficiary sell the tools purchased under this scheme?
A: No, beneficiaries are prohibited from selling the tools purchased under this scheme and are not entitled to a second grant.

Q: How is the loan amount recovered?
A: The loan amount shall be recovered in not more than sixty installments.

Q: Can a beneficiary apply for multiple grants under this scheme?
A: No, each beneficiary is entitled to only one grant under this scheme.

Q: How to apply for scheme?
A: Applications can be made online at http://megbocwwb.gov.in/bocw_services

Q: Can the application be tracked?
A: Yes, applications can be tracked from the Dashboard after logging into http://megbocwwb.gov.in/bocw_services