ICICI bank home loan scheme under the credit linked subsidy component of Pradhan Mantri Awas Yojana has been launched. The bank will provide home loans of up to Rs. 6 Lakh to the people belonging to EWS and LIG categories at a special interest rate. Moreover, ICICI Bank will provide home loans of upto Rs.
Pradhan Mantri Awas Yojana Urban (PMAY-U), a flagship housing scheme of central government is providing subsidy on home loans to MIG / EWS / LIG under the credit linked subsidy scheme. Under CLSS home loan scheme, housing loan subsidy is being provided on home loans taken by the people belonging to EWS / LIG /
Atmanirbhar Bharat Abhiyan 2020: PM Narendra Modi in his address to the nation on 12 May 2020 has announced a new Atmanirbhar Bharat Abhiyan 2020. In this Self Reliant India Campaign, the central govt. will lay special emphasis on economy growth, local production of goods, strengthening supply chain and raising demand of products . To
In the wake of the COVID-19 lockdown as most of the working sectors in India are facing crunch, so central govt. has decided to revive the economy. This is done by announcement of a Rs. 20 lakh crore economic package for Atmanirbhar Bharat Abhiyan to make India self reliant. In this Aatmanirbhar Bharat Abhiyan package,
Central govt. has launched CLSS Awas Portal (CLAP) under PM Awas Yojana Urban at pmayuclap.gov.in. At this portal, people can keep a track of their CLSS Interest Subsidy Application. At this CLAP portal, PMAY-U beneficiaries can avail facilities like CLSS tracker, subsidy calculator and can even check their eligibility. PMAY Urban aims to provide affordable
Pradhan Mantri Awas Yojana home loan subsidy scheme for EWS (Economically Weaker Section) and LIG (Lower Income Group) 2020 is available. Under the new scheme, the government is now offering the housing loan for up to 20 years instead of 15 years as per the previous guidelines. The government has also introduced CLSS for MIG
Ministry of Housing and Urban Affairs (MoHUA) has released a new notification on 12 June 2018 to boost Affordable Housing. This notification is regarding an “Increase in the Carpet Area of Houses Eligible for Home Loan Interest Subsidy under Credit Linked Subsidy Scheme (CLSS) under Pradhan Mantri Awas Yojana (Urban) for the Middle Income Group
Ministry of Rural Department, Central govt. has launched PMAY-G Home Loan Interest Subsidy Scheme – RHISS. Subsequently, this Rural Housing Interest Subsidy Scheme (RHISS) will provide necessary resources to the families which are not covered under PMAY-G. Accordingly, this scheme will provide easy and cheap access for institutional loans at the subsidized interest rates for
The central government is going to increase the amount of subsidy for home buyers under Pradhan Mantri Awaas Yojna (PMAY) in urban areas. According to the notification, the guideline of PMAY will be modified to bring properties falling under any part of all development authorities. The development authorities include villages, industrial belts, and even special
Pradhan Mantri Awas Yojana – Urban, a flagship housing scheme of central government has got another boost from the central government. The people belonging to MIG category would now be able to buy a bigger house and still get the scheme benefits. The central government has now increased the house area for MIG up to
The central government has extended the last date or better to say the deadline of availing subsidy under the CLSS component of Pradhan Mantri Awas Yojana – Urban. The deadline has been extended for the home loan borrowers belonging to the Middle Income Group (MIG) under the CLSS for MIG component. The PMAY last date
Pradhan Mantri Awas Yojana home loan scheme 2017 for middle income group (MIG) has been announced by the central government. The government has now included middle income group under the credit linked subsidy component of the scheme to provide interest subsidy on the housing loans. Under the scheme, the monthly installment for the housing loans
Income eligibility criteria for Pradhan Mantri Awas Yojana has been revised by introducing a new income level category. As per the new income eligibility criteria, people with higher income can also avail subsidy on housing loans. Prime Minister Narendra Modi also announced the increase in the home loan amount on 31st December. The government has
Central government cabinet has approved the extension of the loan tenure under the Credit Linked Subsidy Scheme component of Pradhan Mantri Awas Yojana – Urban. The loan tenure which was earlier maximum 15 years has been extended to 20 years, means lower EMI’s for the home loan borrowers. The government has also introduced a new
Pradhan Mantri Awas Yojana – Gramin, the revamped version of Indira Awas Yojana rural housing scheme has now become more attractive for the beneficiaries. Prime Minister Shri Narendra Modi on 31st December 2016 announced new home loan scheme under PMAY-G under which the central government would provide interest subsidy on home loans in rural areas.