PM Awas: The central government is giving millions of people in the country the opportunity to buy houses cheaply under the PM Awas Scheme. In this scheme of the government, a credit-linked subsidy of up to Rs 2.67 lakh is offered to the investors. Explain that you can take advantage of this scheme till 31 March 2021, that is, you have only a few days left. According to the conditions, this subsidy can be availed only if you are buying a house for the first time.
Gains up to 2.50 lakhs
Under this scheme, CLSS or credit-linked subsidy is given to first-time home buyers. That is, the interest subsidy is provided on the home loan to buy the house. The central government extended the credit-linked subsidy scheme under the PM Awas Yojana till 31 March 2021. This will benefit more than 2.50 lakh, middle-class families. This is a sponsored scheme by the Central Government, which was launched on 25 June 2015.
Subsidy to which income group in which class
|Income Group||Annual Income||Maximum Eligible Loan Amount|
|EWS – Economically Weaker Section||Upto ₹ 3 Lakh||₹ 6 Lakh|
|LIG – Light Income Group||₹ 3 to 6 Lakh||₹ 6 Lakh|
|MIG1 – Medium Income Group||₹ 6 to 12 Lakh||₹ 9 Lakh|
|MIG2 – Medium Income Group||₹ 12 to 18 Lakh||₹ 12 Lakh|
- Maximum interest subsidy-eligible amount ranges from ₹ 2.30 Lakh to ₹ 2.67 Lakh.
- Check PMAY subsidy status online on PMAY’s official website.
>> EWS section 6.5 percent subsidy to those with annual income up to
3 lakhs >> LIG 6.5 percent subsidy to 3 lakh to 6 lakh annual income
>> MIG1 4 percent credit link subsidy to 6 lakh to 12 lakh annual income
>> 12 Those with an annual income of lakh to 18 lakh get the benefit of subsidy in the MIG2 section. Apply for a 3 percent credit link subsidy.
Here is How You can apply for a scheme like this
>> To avail of this scheme, first of all, log on to the official website of PMAY https://pmaymis.gov.in/.
>> If you fall under LIG, MIG, or EWS category, then click on the other 3 components.
>> Insert the Aadhaar number in the first column here. Enter your name written in Aadhaar in the second column.
>> After this on the page that opens, you will have to give complete personal details like name, address, family members.
>> Along with this, click on a box below, on which it will be written that you certify the correctness of this information.
>> After filling in all the information and submitting it, you will have to enter the captcha code.
>> After this you have to submit this form.
>> The fee of the application form is 100 rupees. At the same time, to register, 5000 rupees will have to be deposited in the bank.
Who will get the benefit
Those people who do not have a brick (pucca) house will get the benefit of this scheme. Apart from this, you do not take advantage of any government housing scheme. Aadhaar is required to apply under the Pradhan Mantri Awas Yojana. The government takes the Census 2011 Census data to identify people under the PMAY.