Pradhan Mantri Awas Yojana (PMAY 2.0)
Pradhan Mantri Awas Yojana (PMAY 2.0)
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Interest subsidy will be calculated 4% on the first ₹8 lakh of the loan for a tenure up to 12 years
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Inclusive growth to economically weaker section, lower-income and middle-income group
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Preference to women/senior citizens/transgender/minorities/special focus groups
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The applicant or family must not own a pucca house across India.
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Income groups allowed:
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Economically weaker section (EWS) with annual income up to ₹3 lakh
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Low-income group (LIG) with annual income between ₹3 lakh to ₹6 lakh
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Middle-income group (MIG) with annual income between ₹6 lakh to ₹9 lakh
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- Max. loan amount: up to ₹25 lakh
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Max. house value: up to ₹35 lakh
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Home Loan will be considered only for residential property area up to 120 sq. meters
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Property location: Statutory towns as per census 2011 or any town subsequently notified by the government of India, amended from time to time.
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Apply for a home loan: You can visit our nearest home loan center or call us on our toll-free number 1800 281 8181
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Apply for the ISS subsidy: We will guide you through the interest subsidy scheme process if you are a probable PMAY 2.0 subsidy recipient.
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Subsidy disbursal: Once verified, the subsidy amount will be credited directly to your loan account, as a subsidy on your home loan interest.
T&C apply
As per PMAY 2.0 guidelines issued by Government of India and amended from time to time. Credit of subsidy subjected to NHB approvals.
