EPFO Housing Scheme – 10 Lakh Homes in Next 2 Years

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The Empoyees’ Provident Fund Organisation (EPFO) has announced its own housing scheme for EPFO subscribers. EPFO has partnered with the urban development ministry for construction of 10 Lakh homes in next 2 years. The EPFO housing scheme will give a fillip to the ambitious housing scheme Pradhan Mantri Awas Yojana launched by PM Narendra Modi to provide housing for all by 2022.

EPFO Housing Scheme

EPFO with the help of urban development ministry would build 10 Lakh homes in next two years. Under the group insurance housing scheme, EPFO subscribers would be given homes in phased manner. EPFO would also hold talks with with the urban development ministry for providing subsidy to EWS Subscribers under the CLSS components of PMAY.

In EPFO, MIG (Middle Income Group) and LIG (Low Income Group) subscribers would also be provided interest subsidy as per the Credit Linked Subsidy Scheme of central government. MIG subscribers would be able to avail an interest subsidy of 3% for a loan amount of up to Rs. 18 Lakh while 4% subsidy would be given on loan amount between Rs. 6 lakh to 12 Lakh.

The central government recently introduced Middle Income Group to the credit linked subsidy scheme of PMAY and announced CLSS for MIG and CLSS for EWS/LIG for providing interest subsidy on home loans.

Pradhan Mantri Awas Yojana aims to provide housing for all by the year 2022 and is providing financial benefits to beneficiaries of the scheme through several components. The government has so far sanctioned the construction of over 18.75 Lakh homes under PMAY.

The beneficiaries selection under PMAY is being done on the basis of SECC-2011 data and demand survey’s being conducted by the Ministry of Housing and Urban Poverty Alleviation and several state governments through urban local bodies.

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20 thoughts on “EPFO Housing Scheme – 10 Lakh Homes in Next 2 Years”

  1. Hi hello sir Namaskaragalu modiji sir avarige.
    Avasa Yojane Avasa Yojane. sari sir adkke enenu dakalatigalu beku sir.

    Reply
  2. I am a maharashtra state govt. employee (Jr. Clerk). I am not have own home . I have no land. I want loan for totally home. Please give me proper guidance.

    Reply
  3. Sir aapki gareb Ke home milneki yojnaa bahut achi hay par booking amount @ go tax also rajisteshan fise bohot Jada hay 1 aam aadme 1 lk kahase bharega

    Reply
  4. Sir Modiji Maine apna march 1 mai flat kiya hai loan Lic Hfl kiya lekin yen yojana fayda muje nahi mila to kya karna padega

    Reply
  5. Kewal KrishanS/o Mukhtiar Singh VPO Badoh teh Ghanari District Una ( HP) pin no 177201
    Sir
    Sir mein ek normal parivar se hun mein apni kamai se surf apne parivar ka kharch chalana muskil he in
    is liye apse navadan he in ki mere parivar aur mere ko rahne ke liye Abaas banane mein madad Kare
    Mein apaka sada abhari rahunga

    Reply
  6. Kewal Krishna S/o Mukhtiar Singh VPO Badoh teh Ghanari District Una ( HP) pin no 177201
    Sir
    Sir mein ek normal parivar se hun mein apni kamai se surf apne parivar ka kharch chalana muskil he in
    is liye apse navadan he in ki mere parivar aur mere ko rahne ke liye Abaas banane mein madad Kare
    Mein apaka sada abhari rahunga

    Reply
  7. modiji main pune kalevadie 9 years se rent se rahta hu aur rent bahut jyada hai to muje aapna khud ka ghar chahiye please modiji please give me 1 flat 9527077426

    Reply
  8. mananiya modi sir mughe aapki taraf se kush anudan dijie..nahito ek sota sa koi bhi contract dijie….jo bhi milega mee pura karke kush income karunga…kindly request..ph no-07086366330.

    Reply
  9. Mananiya Narendra Modi ji, me bohut hi poor family me belong karti huu..mughe aap mera ek khud ka ghar banane ke kia aap mughe aap thora sa help kar dijiaga to aapka bohot kripa hoga mughpe….please sir help me …

    Reply

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