The East Punjab Refugees Rehabilitation (House-building Loans) Act, 1948

The East Punjab Refugees Rehabilitation (House-building Loans) Act, 1948

Finance194815 sections

This Act provides financial assistance in the form of loans to refugees displaced from Western Pakistan who are now living in India, helping them rebuild their homes. It applies to individuals as well as companies or co-operative societies where all members are refugees. The government sets specific limits on how much can be borrowed, with individual loans capped at ten thousand rupees and group loans at five thousand rupees per member. Refugees must apply to local authorities like Deputy Commissioners or Registrars with an affidavit detailing their needs and repayment plans to receive this support for housing.

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