PMAY Home Loan Interest Rate Subsidy for EWS / LIG / MIG 1 / MIG 2: घर चाहने वालों के लिए एक बहुत अच्छी खबर है, केंद्र सरकार ने प्रधानमंत्री आवास योजना के तहत होम लोन ब्याज दरों में और भी अधिक सब्सिडी की घोषणा की है। प्रधानमंत्री नरेंद्र मोदी ने राष्ट्र को दिए अपने भाषण के दौरान प्रधानमंत्री आवास योजना के तहत लिए हुए होम लोन पर ब्याज में सब्सिडी की घोषणा की। इस योजना के तहत होम लोन की राशि 6 लाख से बढ़ाकर 12 लाख कर दी गई और ब्याज दरों पर सब्सिडी भी मिलेगी।
PMAY होम लोन ब्याज दरें / सब्सिडी 2023
प्रधानमंत्री आवास योजना के तहत लोन राशि में वृद्धि से मासिक किश्तों में भी काफी कमी आएगी। केंद्र सरकार ने 6 लाख रुपये तक के लोन पर 6.5% सब्सिडी, 9 लाख रुपये तक के होम लोन पर 4% सब्सिडीऔर 12 लाख रुपये तक के होम लोन पर 3% सब्सिडी दे रही है। PMAY के तहत होम लोन 20 वर्ष की अधिकतम अवधि के लिए लिया जा सकता है। सरकार ने इस योजना के अन्तर्गत आर्थिक रूप से पिछड़े (EWS), कम आय वर्ग (LIG) के साथ साथ दो मध्यम आय वर्ग (MIG 1 & MIG 2) के समूहों को भी शामिल किया है।
PMAY Home Loan Interest Rate Subsidy in Tabular Format
The interest rates are as applicable for Home Loans in several banks under PMAY Housing Scheme:-
Criteria | Existing Instructions(CLSS – EWS +LIG) | Revised Instructions (CLSS – EWS +LIG) | CLSS (MIG-I) | CLSS (MIG-II) |
---|---|---|---|---|
Household/ Annual Income (Rs) | Upto Rs. 6 lakhs | Upto Rs. 6 lakhs | Rs. 6.01-12.00 lakhs | Rs. 12.01-18.00 lakhs |
Property Area (Carpet Area ## ) | 30/60 sqm* | 30/60 sqm* | 160sqm | 200sqm |
Location | 17778 towns | 17778 towns | Urban -2011* | Urban -2011* |
Woman Ownership | Yes (except for construction) | Yes (except for construction) | NA | NA |
Max Loan Amt for Subsidy | Upto 6 lakhs | Upto 6 lakhs | Upto 9 lakhs | Upto 12 lakhs |
Subsidy % | 6.50% | 6.50% | 4% | 3% |
Subsidy Amount | Rs. 2.20 lakhs | Rs. 2.67 lakhs | Rs. 2.35 lakhs | Rs. 2.30 lakhs |
NPV | 9% | 9% | 9% | 9% |
Max term of loan (on which subsidy will be calculated) | 15 yrs | 20 yrs | 20 yrs | 20 yrs |
Property should be Family’s | 1st home** | 1st home** | 1st home** | 1st home** |
Validity | 2022 | 2022 | 31/03/2021 | 31/03/2021 |
Applicability | Loans approved on/after 17/06/2015 | Loans approved on/after 01/01/2017 | Loans approved on/after 01/01/2017 | Loans approved on/after 01/01/2017 |
- *Applicable in case of Repair and Renovation
- **Major earning son / daughter can also own a house & avail subsidy separately for their 1st home. In case of EWS / LIG loan sanctioned on or after 27th June, 2017 will be eligible for the same.
- #17778 Statutory Towns and the Planning Area as notified with respect to the Statutory Town and which surrounds the concerned municipal area will also be covered under the Scheme.
- ##Carpet Area: The net usable floor area of an apartment, excluding the area covered by the external walls, but includes the area covered by internal partition walls of the apartment.
Pradhan Mantri Awas Yojana – Housing For All (Urban)
Housing for All Mission for urban area will be implemented during 2015-2022 and this Mission will provide central assistance to implementing agencies through States and UTs for providing houses to all eligible families/beneficiaries by 2022.
Affordable Housing through Credit Linked Subsidy
The Mission, in order to expand institutional credit flow to the housing needs of urban poor will implement credit linked subsidy component as a demand side intervention. Credit linked subsidy will be provided on home loans taken by eligible urban poor (EWS/LIG) for acquisition, construction of house. Under Affordable Housing through Credit Linked Subsidy there are 4 schemes:
- CLSS – EWS / LIG
- Revised CLSS – EWS/LIG
- CLSS (MIG-I)
- CLSS (MIG-II)
Credit Linked Subsidy Scheme- EWS / LIG
Scheme: Under this PMAY Home Loan Interest Rate Subsidy scheme, credit linked interest subsidy @6.50% for 15 years or actual tenor of the loan, whichever is lower, will be provided to the eligible beneficiaries in EWS/LIG category by the Government of India.Applicants belonging to LIG (Low Income Group) & EWS (Economically Weaker Sections) section. The EWS/LIG categories are defined as follows:
- EWS households with an annual income upto Rs. 3.00 lacs
- LIG households with an annual income between Rs. 3.00 lacs to Rs. 6.00 lacs
- Scheme: 17th June 2015 to 31st March 2022
- Maximum subsidy of Rs. 2.20 lacs (approx.) is eligible
Coverage & Eligibility of PMAY Housing Scheme CLSS – EWS / LIG
- The ownership of the house should either in the sole name of the female member of the household or joint ownership with the wife. However, this condition will not be made mandatory in cases of construction of house on an existing plot or extension/renovation of existing Kuccha/Semi-pucca house.
- The beneficiary family should not own a pucca house (an all-weather dwelling unit) either in his/her name or in the name of any member of his/her family in any part of India.
- The carpet area of house under this Scheme should be upto 30 sq. mts. for EWS beneficiaries and upto 60 sq. mts. for LIG beneficiaries.
- Credit Linked Subsidy is available for housing loans availed for acquisition/construction of house and repair/extension of Kucha/Semi Pucca house.
- Maximum term of loan on which the subsidy will be calculated is 15 years.
Revised Credit Linked Subsidy Scheme – EWS / LIG
- All the above guidelines of CLSS- EWS / LIG applies to this scheme also.
- The Maximum term of loan increased from 15 years to 20 years
- Maximum subsidy of Rs. 2.67 lacs (approx.) is eligible
Credit Linked Subsidy Scheme – MIG
Government of India under the aegis of the Ministry of Housing and Urban Poverty Alleviation (MoHUPA) has launched Credit Linked subsidy Scheme (CLSS) for Urban Areas under the ambit of Pradhan Mantri Awas Yojana. The CLSS-MIG which was implemented initially for a period of one year i.e., from 01.01.2017 to 31.12.2017 has been further extended up to 31.03.2021.
Scope and Coverage of PMAY MIG Housing Scheme
All Statutory towns as per Census 2011 and towns notified subsequently will be eligible for coverage under CLSS for MIG. Planning Area as notified with respect to the Statutory Towns and which surrounds the concerned Municipal area will also be covered under the Scheme to provide interest subsidy for Housing Loan beneficiaries belonging to Middle Income Groups (CLSS-MIG).
Central Government Govt Schemes 2023Popular Schemes in Central Government:Pradhan Mantri Awas YojanaPM Awas Yojana Gramin (PMAY-G)SECC-2011 BPL List | नयी Final BPL लिस्ट
- The credit linked subsidy @ 4% will be available for loan amount up to Rs. 9 lacs in case of MIG-I and @3% for Rs 12 lacs in case of MIG-II. However, the Banks can sanction Home Loans more than Rs. 9 or12 lacs but the subsidy will be restricted to Rs. 9 or 12 lacs, as the case may be..
- Under CLSS, an interest subsidy will be available for a tenor of 20 years or actual tenor of the loan, whichever is lower. However, Bank can sanction loans for a maximum tenor of 30 years but the loan has to be repaid before the borrower attains the age of 70 years. The Net Present Value (NPV) of or the subsidy will be calculated at a discount rate of 9% and will be credited upfront to the loan account.
- Maximum subsidy eligible under CLSS-MIG (I) – Rs. 2.35 lakhs (approx.)
- Maximum subsidy eligible under CLSS-MIG (II) – Rs. 2.30 lakhs (approx.)
Eligibility for PMAY CLSS MIG Scheme
- The Household with an annual income from Rs 6,00,001 to Rs. 12 lacs for MIG-I
- The household with an annual income from Rs 12,00,001 to Rs. 18 lacs for MIG-II
- The beneficiaries have been defined as a family comprising of husband, wife and unmarried children. An adult earning member (irrespective of marital status) can be treated as a separate household and can avail subsidy independently.
- In case of married couple, either of the spouses or both together in joint ownership will be eligible for a single house subject to income eligibility of the household under the scheme.
- The beneficiary family should not own a pucca house (an all-weather dwelling unit) either in his/her name or in the name of any member of his/her family in any part of India.
- The carpet area of house under this Scheme should be up to 160 sq. mts. for MIG-I beneficiaries and up to 200 sq. mts. for MIG-II beneficiaries.
- Banks shall have to submit a consolidated certificate on completion of the housing unit within one year period from the completion of construction or a maximum of 36 months from the date of the disbursement of the 1st installment of the loan amount. In case of default in not providing utilization/end use certificate the Bank shall refund the amount of subsidy to the CNA.
- In case a borrower who has taken a Home Loan under the Scheme and has availed interest subvention benefit under the Scheme but later on switches to another Bank, such beneficiary will not be eligible for the benefit of interest subvention again.
- Home Loan under this scheme will be available by way of Term loan and Maxgain (for loan limits of Rs. 20 lakh and above) with a maximum tenor of 30 years. However, subsidy is available for a maximum tenor of 20 years only.
- Though the interest subvention under CLSS (MIG) is available upto Rs. 9 or12 lacs, loan limits over and above Rs. 9 and 12 lacs will also be sanctioned to the eligible borrowers based on the eligibility criteria stipulated under our existing Home Loan Scheme.
- All loans accounts under the Scheme will be linked to Aadhaar.
प्रधानमंत्री आवास योजना – शहरी के लिए ऑनलाइन आवेदन CSC’s और आधिकारिक वेबसाइट pmaymis.gov.in के माध्यम से आमंत्रित किया जा रहा है। केंद्र सरकार ने प्रधानमंत्री आवास योजना ग्रामीण के तहत वर्ष 2023 में लिए गए 2 लाख रुपये तक के होम लोन के ब्याज पर 3% तक की छूट देने का भी एलान किया है।
Other Related Links
PMAY Home Loan Interest Rate Subsidy for EWS / LIG
PMAY Home Loan Interest Rate Subsidy for MIG
For more information – Click here
Dear Paramesh,
Your mail not clear. If you are buying the flat then contact the builder who helps to get loan alongwith Pradhanamantri Awas Yojana or send the mail to [email protected]
SIR I Have taken loan from adhar housing finance for the plot and the inetrest rate is so high…. 12%
now i want to construct on the plot and i want to change the bank for lowest rate of interest and i want subsidy…please help me
just i am suffering from money crisis because my current emi is 11100.and my monthly income is 30000.
please help us…..
thanks
muze10 lakh inserts
sir, please sir. i want to 10 lak home loan sir, please sir, please please please sir.
What is procedure to apply loan & documation process
PMAY HOME LOAN DEATAILS
Dear sir 6 lkhs home loan for Apple is 29.March 2016 but not ready for to loan please reason tell me sir it’s my request for you
Please send pmhousing loan scheame document in my email.id my contactno. 09410291011
Sarji. हमे 3लाख का लोन चाहिए माई हेल्प करो
How To apply loan
Hi,
How to Apply
this loan
How to apply loan
how to apply home loan and what is the procedure of home loan
Dear sir muje 8lac loan chaihe how to apply
Respected Sir,
How to apply for home loan..
Please tell me the procedure
Contact no. 9419190897
Plz sir
Mujhe home lone ke liye mujhe 800000 lack ki lone chahiye plz sar help as
Main selerad hun manthali incan 15000 hajar hain
I want 3 lakh home loan. PleaSe
I want 3lakh home loan please
Gram Kutub
pur Sahakar Nagar Jila Bulandshahar 7838561987
Gram Kutubpur Sahakar Nagar Jila Bulandshahar
Sir is this scheme valid for existing loans can I switch over
sir
i have taken home loan from first UBI rs 14.4lakh on dated 15/6/2015 and now shifted in SBI rs 13.80 lakh on dated 4/7/2017 and my income less than 12 lakh .
i am eligible for Pradhan Mantri Awas Yojana Home Loan Interest Rates/Subsidy 2017”
or not please reply
Sir,
How to applied for home loan…..
Please tel me rules responsibility sir.
Contact No : 9964481518
Md.Sabbir
Sir mujhe ghar ke liye 12lakh ki bohut
Jaruraat hei please help me sir.
My numbr-8240320943-8961372639.
Please sir I waiting you
May v apna ghar banana chataho
Sir mera Naam Girish Chauhan he mera village Bharuch district me he Vagra taluka at.ambhel pin 392140 mere Ko mera ghar Banna he to muje 10 lacks ki jarur he to pl sir muje achi schem ho to pl help kariye sir my contact no 9033374597 he.
Can you please instruct the procedures of applying loan through pmay
My father ramnihor sen ko ghar bnane ke liye loan chahiye
Sir
May manthali incam 15000 in hoam loan
250000 plz sir help mi
My Mo no 9096305611
Rajesh say
Sir me Rajesh I want 20lack home loan
Plz help me how I can eligible for lone
Contact no 9632550857
sir PMAY loan lene ki kiya prosudure please bataye
please rate of interest,and process details,and process related document send to me.
respected sir
I work in company but my background so week,I want loan 2 lack for home.
please help me.
Dear sir muje bhi home lone 6 lakh plese meri bhi help kare sir pradhan mantri home lone ke mene from bhar diya ha.
Dear sir humari bhi help kare sir koi ki humara
Ghar har jagha se chite gaya ha plese me bhi aapke home lone ki apply form bhar diya ha sir
Aap se request ha ki aap humra lone pass kar de
sir mere ko 5 lakh lone lena hai aur mai defence me job karta hoo uske liye kya procedure hai bataiye
Home loan
Respected sir,
My self Altaf.I live with my family in a rent house I am a worker and I can’t adjust my family in my income. So I humbly request u to plz give me loan at least 6 lakhs.
Sir iski details jankari mujhe chahiy.
Iska koi contact num ho to plz mujhe bataya jay jaha se mujhe ye jankari puri puri mil sake or mujhe is yojna ka help mile
Thanku
Chandra Kant
Mob:-7903694191
sir ji ek nivedan hi aapse mera loan karwa do 5 lakh ka mere pass plot hi
per paisa nahi hi intrest per kaise hoga kuch ideaa do . me privet job karta hu
please please please
Sir mere ko bussanies krna h mughe bank se lone mere pas balence nhi hai ki me bussaniess kru plz mughy lone ki aawsekta h sir mera ye number h 9708018055
Dear Sir,
I have taken home loan at private (Sundram Home ) start form 2012 , 20 years loan. now i ask bank govt.subsidy eligibility . but bank told , subsidy only for new customer only.
pls clarify.
Thanks & Regards…
P.Jeyachandran (9566980247)
Respected sir,
i want to PRADHANA MANTRI HOME LOAN how can take loan pls help me
plz help me.what is procedure for applying the loan?
I want consection my home
diar sir ha hom lon karanachahata hu mera mubai nabar he 9720343897
Please help me mujhe loan chihiye sir Mujhe apna home banana hai meri madad kro sir
sir hum bahut garib hai rahne ke liye gher nahi hai help me
kya aap such me chhahte hai hum hindustaniyo ka apna apna gher ho to help me
Dear Sir
I have already taken loan from TATA Houseing finance ltd about 12 lakhs on june 2017 can i convert this loan to pmay if yes how can i peoceed, any subsidy pls reply me