PMAY for housing loan!

Pradhan Mantri Awas Yojana

  • ➙ Get interest subsidy (up to ₹ 2.67 lakhs) directly in your loan account which will substantially bring down your EMI.

Subsidy benefits under Pradhan Mantri Awas Yojana*

Category Annual Household Income# Maximum Amount of Interest Subsidy
EWS up to ₹ 3 lakhs ₹ 2.67 lakhs
LIG ₹ 3 lakhs to ₹ 6 lakhs ₹ 2.67 lakhs
MIG I ₹ 6 lakhs to ₹ 12 lakhs ₹ 2.35 lakhs
MIG II ₹ 12 lakhs to ₹ 18 lakhs ₹ 2.30 lakhs

Eligibility Criteria

➙ Beneficiary family should comprise of husband, wife and unmarried children.

➙ The beneficiary family should not own a pucca house either in his/her name or in the name of any member of his/her family in India.

➙ For EWS & LIG category, property must be owned by women (Single or Jointly).

➙ Property to fund must be in Urban area as enlisted by the Govt.

Maximum subsidy amount is calculated on the basis of the minimum loan amount of ₹ 6 lakhs for EWG/LIG customers, ₹ 9 lakhs for MIG I & ₹ 12 lakhs for MIG II customers with loan tenure of 20 years. If loan amount or loan tenure is less than as specified above then subsidy will also get reduced.

For more information, visit the official website:

Do you have any questions to ask, please let us know!